518 Locust Ln Peotone, IL 60468
4
Beds
2.5
Baths
2,300
Sq Ft
0.32
Acres
Highlights
- Wood Flooring
- 2 Car Attached Garage
- Laundry Room
- Corner Lot
- Living Room
- Central Air
About This Home
As of January 2025Spacious 5-Bedroom Home on a Prime Corner Lot in The Meadows of Peotone! Welcome to this beautifully designed quad level home featuring 5 bedrooms and 2.5 baths, perfect for family living! The upper level boasts three spacious bedrooms, including a master suite with a private bathroom and walk in closet for added convenience. On the main floor, you'll find a bright living room and a spacious kitchen with sliding glass doors that lead to the backyard, making it ideal for entertaining. With the laundry area just off of the kitchen adding practicality to your daily routine. Head downstairs to discover a cozy family room, a half bath, and an additional bedroom-perfect for guests or an office space. Then head down to the partially finished basement, offering another versatile bedroom with a large closet. The home also includes an attached 2-car garage and a spacious shed, providing plenty of room for storage and hobbies. With its prime corner lot, you'll enjoy a generous outdoor space perfect for relaxation and recreation. Don't miss out on this incredible opportunity! New roof in 2018 New hot water tank in 2020
Last Agent to Sell the Property
Exclusive Realtors License #475208195 Listed on: 10/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,958
Year Built
- Built in 2001
Lot Details
- Lot Dimensions are 132x120
- Corner Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Split Level with Sub
Interior Spaces
- 2,300 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Partially Finished Basement
- English Basement
- Laundry Room
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Potential Bedrooms
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2024
Closed on
Jan 29, 2025
Sold by
Hoch Raymond E
Bought by
Robertson Jason and Dejager Victoria
Seller's Agent
Tricia Cummings
Exclusive Realtors
Buyer's Agent
Julie Bapst
Keller Williams ONEChicago
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%
Views
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,085
Avg. Annual Appreciation
4.39%
Original Mortgage
$367,317
Outstanding Balance
$366,511
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$20,574
Purchase Details
Closed on
Nov 14, 2001
Sold by
Olbrot Custom Homes Inc
Bought by
Hoch Raymond E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.62%
Similar Homes in Peotone, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | Khs Title | |
| Warranty Deed | $191,500 | Chicago Title Insurance Co | |
| Corporate Deed | $40,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $367,317 | FHA | |
| Previous Owner | $143,600 | New Conventional | |
| Previous Owner | $173,000 | Unknown | |
| Previous Owner | $173,000 | Unknown | |
| Previous Owner | $170,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2025 01/29/25 | Sold | $380,000 | 0.0% | $165 / Sq Ft |
| 12/23/2024 12/23/24 | Pending | -- | -- | -- |
| 11/14/2024 11/14/24 | Price Changed | $380,000 | -2.6% | $165 / Sq Ft |
| 10/22/2024 10/22/24 | For Sale | $390,000 | -- | $170 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $4,942 | $84,311 | $18,161 | $66,150 |
| 2022 | $4,958 | $76,058 | $16,383 | $59,675 |
| 2021 | $4,459 | $70,287 | $15,140 | $55,147 |
| 2020 | $4,326 | $66,749 | $14,378 | $52,371 |
| 2019 | $4,519 | $66,749 | $14,378 | $52,371 |
| 2018 | $4,615 | $64,049 | $14,378 | $49,671 |
| 2017 | $4,441 | $61,492 | $13,127 | $48,365 |
| 2016 | $4,375 | $60,287 | $12,870 | $47,417 |
| 2015 | $4,520 | $58,305 | $12,447 | $45,858 |
| 2014 | $4,520 | $58,305 | $12,447 | $45,858 |
| 2013 | $4,520 | $58,722 | $12,536 | $46,186 |
Source: Public Records
Agents Affiliated with this Home
-
Tricia Cummings
T
Seller's Agent in 2025
Tricia Cummings
Exclusive Realtors
(708) 638-7842
8 Total Sales
-
Julie Bapst
Buyer's Agent in 2025
Julie Bapst
Keller Williams ONEChicago
(219) 384-2559
87 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12193364
APN: 20-23-411-004
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