NOT LISTED FOR SALE

540 Willow Rd New Lenox, IL 60451

Estimated Value: $446,000 - $478,000

3 Beds
2.5 Baths
2,336 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $248,000 $106 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,174/month

115 Days on Market

Highlights

  • Waterfront
  • 2.07 Acre Lot
  • Wooded Lot
  • Lincoln Way West Rated A
  • Deck
  • Ranch Style House

About This Home

As of August 2014

REDUCED Take a look at this all brick ranch home on 2 parcels, totaling 2.07 acres backing to Hickory Creek! Enjoy the wooded serene views and nature from the rear wood deck. This home has a full unfinished basement, 2 car attached garage, brick fireplace in family room, some hardwood floors, could easily expand to 4 BR's. Unincorporated but to close to down town New Lenox, I-80 & I-355. Estate sale - As Is.

Last Agent to Sell the Property

Thomas Bolhouse

HomeSmart Realty Group License #475151101 Listed on: 03/30/2014

Last Buyer's Agent

Shari Krywanio

RE/MAX Synergy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,163

Year Built

  • Built in 1970

Lot Details

  • 2.07 Acre Lot
  • Waterfront
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Wooded Lot
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,336 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,163

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1970
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry
  • LivingArea: 2336
  • Other Equipment: CO Detectors
  • Room Type: Eating Area
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Irregular Lot, Water View, Wooded
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 2.07
  • Lot Dimensions: 155X300+140X340X147X290
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 8163.32
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Hoag Living Trust
Bought by
Hoag Marital Trust and Hoag
Current Estimated Value
$467,117

Purchase Details

Listed on
Mar 30, 2014
Closed on
Aug 28, 2014
Sold by
Collins Donna Marie
Bought by
Hoag Living Trust
Seller's Agent
Thomas Bolhouse
HomeSmart Realty Group
Buyer's Agent
Shari Krywanio
RE/MAX Synergy
List Price
$299,900
Sold Price
$248,000
Premium/Discount to List
-$51,900
-17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$50,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2001
Sold by
Pearson F Richard
Bought by
Pearson F Richard and Collins Donna Marie
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
Hoag Marital Trust -- None Listed On Document
Hoag Living Trust $248,000 Fidelity National Title Ins
Pearson F Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoag Living Trust $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2014 08/28/14 Sold $248,000 -0.8% $106 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
06/28/2014 06/28/14 Price Changed $249,900 -2.0% $107 / Sq Ft
06/14/2014 06/14/14 Price Changed $254,900 -1.6% $109 / Sq Ft
05/29/2014 05/29/14 Price Changed $259,000 -7.5% $111 / Sq Ft
04/26/2014 04/26/14 Price Changed $279,900 -6.7% $120 / Sq Ft
03/29/2014 03/29/14 For Sale $299,900 -- $128 / 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 $8,788 $128,310 $33,732 $94,578
2023 $8,788 $116,964 $30,749 $86,215
2022 $8,070 $107,751 $28,327 $79,424
2021 $7,634 $101,337 $26,641 $74,696
2020 $7,398 $97,721 $25,690 $72,031
2019 $7,061 $94,690 $24,893 $69,797
2018 $6,879 $91,426 $24,035 $67,391
2017 $6,515 $88,798 $23,344 $65,454
2016 $6,311 $86,421 $22,719 $63,702
2015 $8,095 $83,701 $22,004 $61,697
2014 $8,095 $110,222 $21,732 $88,490
2013 $8,095 $111,708 $22,025 $89,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08570672

Midwest Real Estate Data (MRED)

APN: 15-08-17-200-022