NOT LISTED FOR SALE

505 Chesterfield Ln Unit 1 Vernon Hills, IL 60061

Estimated Value: $702,000 - $859,000

4 Beds
3 Baths
3,478 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $535,000 $154 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,391/month

82 Days on Market

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • Soaking Tub
  • Hawthorn Elementary School South Rated A
  • Attached Garage

About This Home

As of October 2021

AMAZING OPPORTUNITY! Phenomenal location with this fabulous home on beautiful golf course lot. Excellent floor plan made even better with a large great room addition that offers vaulted ceilings and access to the deck to enjoy your serene view of the greens. You'll love this HUGE (28x14) great room and this room could be first floor master. The 3rd full bath is adjacent. Family room with fireplace opens to huge bonus room overlooking golf course. Kitchen with granite counters, 5 burner cooktop and double oven. First floor offers separate living and dining rooms, family room with gas fireplace that adjoins the great room. All 4 spacious bedrooms are upstairs. Vaulted master suite boasts 2 walk in closets and luxury bath with dual vanities, soaking tub and separate shower. The full finished basement is enormous and provides fantastic finished space and 2 storage spaces plus a work shop area. The backyard features a playset and the oversized deck to enjoy the summer. Beautiful landscaping. It is only a few blocks to the Metra and major roadways. Location! Location! Location! Must see to appreciate!!!

Last Agent to Sell the Property

Claire Chang

Charles Rutenberg Realty of IL License #475144075 Listed on: 06/24/2021

Charles Rutenberg Realty of IL

Last Buyer's Agent

Christine Kubiak

Redfin Corporation License #475170619

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,833

Year Built

  • 1989

Lot Details

  • 0.31

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Finished Basement

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,833

Year Built

1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Colonial
  • Directions: Rt. 45 N of Buffalo Grove Rd to Evergreen Left to Chesterfield Left to home.
  • Lot Size: 66X158X45X128X95
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Hawthorn Club
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Has Basement: Full
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, First Floor Full Bath
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Radon Mitigation System
  • Dining Room Type: Great Room, Recreation Room, Workshop

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Aluminum Siding,Brick
  • Lot Features: Golf Course Lot
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 128
  • Middle Or Junior School: Hawthorn Middle School South

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 14849
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Oct 20, 2021
Sold by
Fei-Ping Chen
Bought by
Deshmankar Aaditi and Naik Varun
Seller's Agent
Claire Chang
Charles Rutenberg Realty of IL
Buyer's Agent
Christine Kubiak
Redfin Corporation
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%
Current Estimated Value
$761,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,839
Avg. Annual Appreciation
9.21%
Original Mortgage
$475,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2017
Sold by
Donepudi Kiran K and Veeramachaneni Sushmitha
Bought by
Chen Fe Ping

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 25, 2015
Sold by
Cowell Dean R and Cowell Natalie
Bought by
Donepudi Kiran K and Veeramachaneni Sushmitha
Seller's Agent
Marco Amidei
RE/MAX Suburban
Buyer's Agent
Non Member
NON MEMBER
List Price
$484,900
Sold Price
$462,000
Premium/Discount to List
-$22,900
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$415,800
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 4, 2011
Sold by
Giugni June
Bought by
Cowell Dean R and Cowell Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2004
Sold by
Goodman Allan and Goodman Ellen
Bought by
Giugni June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deshmankar Aaditi $535,000 Citywide Title
Chen Fe Ping $498,000 Attorneys Title Guaranty Fun
Donepudi Kiran K $462,000 Ct
Cowell Dean R $470,000 St
Giugni June $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deshmankar Aaditi $475,000
Previous Owner Donepudi Kiran K $415,800
Previous Owner Cowell Dean R $352,500
Previous Owner Giugni June $333,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2021 10/27/21 Sold $535,000 -2.7% $154 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $549,900 +19.0% $158 / Sq Ft
09/25/2015 09/25/15 Sold $462,000 -2.7% $133 / Sq Ft View Prior Sale
08/18/2015 08/18/15 Pending -- -- --
07/30/2015 07/30/15 Price Changed $474,900 -2.1% $137 / Sq Ft
07/17/2015 07/17/15 For Sale $484,900 -- $139 / 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 $16,833 $203,383 $42,221 $161,162
2023 $15,887 $188,144 $39,058 $149,086
2022 $15,887 $176,805 $36,704 $140,101
2021 $15,378 $174,898 $36,308 $138,590
2020 $15,140 $175,495 $36,432 $139,063
2019 $14,849 $174,848 $36,298 $138,550
2018 $13,787 $164,649 $35,873 $128,776
2017 $13,641 $160,806 $35,036 $125,770
2016 $13,232 $164,643 $33,550 $131,093
2015 $13,997 $153,973 $31,376 $122,597
2014 $13,237 $144,582 $33,697 $110,885
2012 $13,048 $144,872 $33,765 $111,107
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11133975

Midwest Real Estate Data (MRED)

APN: 15-08-404-010