NOT LISTED FOR SALE

5116 Pheasant Ln Richmond, IL 60071

Estimated Value: $481,000 - $555,000

4 Beds
2.5 Baths
3,050 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $475,000 $156 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,632/month

2 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Mature Trees
  • 0.93 Acre Lot
  • Landscaped Professionally
  • Community Lake

About This Home

As of June 2022

WELCOME HOME to this meticulously maintained with tons of updates two story Jefferson model in Sunset Ridge Estates! Situated on an acre lot with a beautiful view of the pond. Step inside to the open floor plan perfect for entertaining and daily living. The kitchen boasts gorgeous oak flooring, ample cabinetry, stainless steel appliances, granite counters and under/over cabinet lighting. Wake up with your favorite cup of coffee on the back deck as you watch the sun rise over the pond. Relax in your master suite featuring tray ceilings, master bath with dual sinks, soaker tub with separate shower. Three additional bedrooms, a loft sitting room/office, a full bath and laundry room complete the second floor. Partially finished day light basement with extra windows, 9 ft ceilings and a 5th bedroom. Exterior is beautifully landscaped with perennials and pavers. Richmond is close to restaurants, shopping, state parks and WI/IL border. Award winning, highly rated schools. Short drive to beautiful Lake Geneva. Come and view this beautiful home now, it won't last long!

Last Agent to Sell the Property

Bianca Solum

@properties Christie's International Real Estate License #475145366 Listed on: 05/12/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Jim Starwalt

Better Homes and Garden Real Estate Star Homes License #471010243

Better Homes and Garden Real Estate Star Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,142

Year Built

  • Built in 2010 | Remodeled in 2019

Lot Details

  • 0.93 Acre Lot
  • Waterfront
  • Wetlands Adjacent
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,050 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Window Treatments
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Wood Flooring
  • Water Views
  • Unfinished Attic

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

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

Home Security

  • Home Security System
  • Intercom
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Tideland Water Rights
  • Pond
  • Deck
  • Porch

Location

  • Property is near park

Schools

  • Richmond Grade Elementary School
  • Nippersink Middle School
  • Richmond-Burton Community High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Water Softener is Owned

Community Details

  • Sunset Ridge Subdivision
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,142

Year Built

Built in 2010 | Remodeled in 2019

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Sunset Ridge
  • Year Built: 2010
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Walk-In Closet(s), Ceiling - 9 Foot, Open Floorplan, Granite Counters
  • LivingArea: 3050
  • Other Equipment: Humidifier, Water-Softener Owned, Security System, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Breakfast Room, Loft, Bedroom 5
  • Estimated Total Finished Sq Ft: 3050
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 4500
  • Attic: Unfinished
  • Window Features: Window Treatments

Exterior Features

  • ExteriorFeatures: Deck, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Wetlands adjacent, Irregular Lot, Landscaped, Pond(s), Water Rights, Water View, Wooded, Mature Trees, Backs to Trees/Woods, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 185
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Water Rights, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Richmond Grade School
  • High School: Richmond-Burton Community High S
  • Middle/Junior School: Nippersink Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.93
  • Lot Dimensions: 0.93
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 8141.88
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 19, 2022
Sold by
Solum Ryan J and Solum Bianca
Bought by
Pulaski Christopher Ryan and Pulaski Sondra Danielle
Seller's Agent
Bianca Solum
@properties Christie's International Real Estate
Buyer's Agent
Jim Starwalt
Better Homes and Garden Real Estate Star Homes
List Price
$439,900
Sold Price
$475,000
Premium/Discount to List
$35,100
7.98%
Current Estimated Value
$536,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,331
Avg. Annual Appreciation
3.15%
Original Mortgage
$380,000
Outstanding Balance
$360,785
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$170,178

Purchase Details

Closed on
Dec 23, 2021
Sold by
Solum Ryan and Solum Bianca
Bought by
Solum Ryan and Solum Bianca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2018
Sold by
Solum Ryan J
Bought by
Solum Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2010
Sold by
Sunset Ridge Estates Llc
Bought by
Solum Ryan J and Solum Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,844
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pulaski Christopher Ryan $475,000 Freeland Kimberly
Solum Ryan -- None Available
Solum Kristen A -- Chicago Title
Solum Ryan J $306,923 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pulaski Christopher Ryan $380,000
Previous Owner Solum Ryan $280,000
Previous Owner Solum Kristen A $264,000
Previous Owner Solum Ryan J $302,844
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $475,000 +8.0% $156 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $439,900 -- $144 / 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 $10,084 $133,894 $28,988 $104,906
2023 $9,884 $122,122 $27,721 $94,401
2022 $8,566 $98,897 $24,960 $73,937
2021 $8,281 $94,920 $23,956 $70,964
2020 $8,142 $91,331 $23,050 $68,281
2019 $8,050 $88,396 $22,309 $66,087
2018 $7,822 $81,726 $21,387 $60,339
2017 $7,810 $77,827 $20,367 $57,460
2016 $7,683 $72,967 $19,095 $53,872
2013 -- $88,819 $18,054 $70,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11401760

Midwest Real Estate Data (MRED)

APN: 04-09-230-012