NOT LISTED FOR SALE

501 Maytree Ln Peotone, IL 60468

Estimated Value: $453,883 - $505,000

5 Beds
4 Baths
2,900 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $310,000 $107 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,069/month

82 Days on Market

Highlights

  • Heated Sun or Florida Room
  • Attached Garage
  • Central Air
  • Peotone Junior High School Rated 9+

About This Home

As of February 2020

Come check out this beautiful, well maintained 5 bedroom 3.5 bathroom bi-level house with additional sunroom, granite countertops, fully finished basement with full custom built wet bar, theater, touchscreen jukebox system, custom patio with built in fire pit, large driveway for additional parking, heated garage. Brand new roof, newer appliances, newer water heater, newer water softener, and much more. This is a must see! Previous contract had a home sale contingency that fell through.

Last Agent to Sell the Property

Jeremy Mead

Exclusive Realtors License #475180274 Listed on: 11/06/2019

Co-Listed By

Kody Lathus

Exclusive Realtors License #471020427

Last Buyer's Agent

Michelle Kurtz

eXp Realty License #471021735

eXp Realty

Home Details

Home Type

  • Single Family

Year Built

  • 2004

Lot Details

  • 0.28

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Heated Sun or Florida Room

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Home Details

Home Type

Single Family

Year Built

2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Square Footage Comments: *Estimated
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Number Of Rooms: 10
  • Living Room: Dimensions: 26X13, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 13X7, On Level: Main Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 20X17, On Level: Main Level
  • Additional Rooms: 5th Bedroom, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 17X15, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X13, On Level: Basement
  • Additional Room 2 Name: Sun/Florida Room Heated, Dimensions: 20X16, On Level: Main Level
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 15X11, On Level: 2nd Level
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level
  • Estimated Sq Ft: 2900
  • Family Room: Dimensions: 23X13, On Level: Main Level

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.28

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private Company
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 207U

Lot Info

  • Lot Dimensions: 131X97
  • Parcel Identification Number: 1720234110050000

Tax Info

  • Taxes: 5239.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Feb 26, 2020
Sold by
Beishuizen Brent and Beishuizen Heather
Bought by
Marotta Jake B and Marotta Jamie Marie
Seller's Agent
Jeremy Mead
Exclusive Realtors
Buyer's Agent
Michelle Kurtz
eXp Realty
List Price
$318,500
Sold Price
$310,000
Premium/Discount to List
-$8,500
-2.67%
Current Estimated Value
$471,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,471
Avg. Annual Appreciation
7.37%
Original Mortgage
$230,000
Outstanding Balance
$203,698
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$267,773

Purchase Details

Closed on
Jun 30, 2004
Sold by
Olbrot Custom Homes Inc
Bought by
Beishuizen Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2004
Sold by
Security Land & Improvement Co
Bought by
Olbrot Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marotta Jake B $310,000 Fidelity National Title Ins
Beishuizen Brent $224,000 Chicago Title Insurance Co
Olbrot Custom Homes Inc $39,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marotta Jake B $230,000
Previous Owner Beishuizen Brent $179,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $310,000 -2.2% $107 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/04/2020 01/04/20 Price Changed $317,000 -0.5% $109 / Sq Ft
12/28/2019 12/28/19 For Sale $318,500 0.0% $110 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
11/18/2019 11/18/19 Price Changed $318,500 -2.0% $110 / Sq Ft
11/06/2019 11/06/19 For Sale $325,000 -- $112 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,531 $130,971 $16,043 $114,928
2023 $7,531 $125,115 $18,946 $106,169
2022 $7,126 $112,869 $17,092 $95,777
2021 $6,033 $104,305 $15,795 $88,510
2020 $5,820 $99,055 $15,000 $84,055
2019 $4,902 $83,230 $14,378 $68,852
2018 $5,239 $83,230 $14,378 $68,852
2017 $5,058 $69,196 $13,127 $56,069
2016 $4,984 $67,840 $12,870 $54,970
2015 $5,251 $65,609 $12,447 $53,162
2014 $5,251 $65,609 $12,447 $53,162
2013 $5,251 $66,078 $12,536 $53,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10566413

Midwest Real Estate Data (MRED)

APN: 17-20-23-411-005