NOT LISTED FOR SALE

5404 Promontory Ln Long Grove, IL 60047

Estimated Value: $878,000 - $951,610

4 Beds
5 Baths
4,042 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $608,000 $150 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,461/month

49 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Country Meadows Elementary School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of July 2017

Welcome home to this spacious and modern property in the Promontory Pointe subdivision! Two-story foyer greets you with an elegant bridal staircase dividing the formal living room and dining room. Soaring ceilings extend into the family room where you can cozy up in front of the warm fireplace and features an open concept with views into the kitchen and eating area. The oversized kitchen features a large island with granite countertop, double oven, breakfast bar and ample cabinet space to hold your favorite kitchen accessories. Enter the master suite through white French doors and enjoy the spa-like bath that offers a Jacuzzi tub, double sinks and a large walk-in closet. Second floor has three spacious bedrooms, each with their own full bathroom! Over 4000 SF of living space to enjoy with 4 bedrooms, a large office, and a full basement ready to be made into your dream space. Situated in the award winning Stevenson School District and only minutes from restaurants and shops!

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 03/31/2017

Last Buyer's Agent

Renchi Varghese

Achieve Real Estate Group Inc License #475137041

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,860

Year Built

  • 2005

Lot Details

  • 0.44

HOA Fees

  • $381 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof
  • Concrete Siding

Interior Spaces

  • Vaulted Ceiling
  • Attached Fireplace Door
  • Entrance Foyer
  • Dining Area
  • Home Office
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Community Well

Additional Features

  • Patio
  • Landscaped Professionally

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,860

Year Built

2005

Lot Details

0

HOA Fees

$381 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 11-15 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 4.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet, Windows: Shades
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Ceiling Fan, Sump Pump
  • Fireplace Details: Attached Fireplace Doors/Screen
  • Attic: Full, Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X7, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Eating Area, Office, Foyer
  • Master Bedroom: Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 20X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Foyer, Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 4042
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X16, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Concrete
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Storms/Screens
  • Acreage: 0.44

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Well-Community
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Includes: Water, Common Insurance, Lawn Care, Snow Removal
  • Assessment Association Fees: 381
  • Management Contact Name: Morrie Gliksman
  • Management Phone: 847-478-9630

Fee Information

  • Management Company: Promontory Pointe HOA

Schools

  • School District: 125
  • Elementary School: COUNTRY MEADOWS ELEMENTARY SCHOO
  • Middle School: WOODLAWN MIDDLE SCHOOL
  • High School: ADLAI E STEVENSON HIGH SCHOOL
  • Junior High Dist: 96
  • Junior High/Middle School #2: TWIN GROVES MIDDLE SCHOOL

Lot Info

  • Lot Dimensions: 164X127X167X82
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 15184010290000

Tax Info

  • Taxes: 18943.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jul 6, 2017
Sold by
Lin Yo Fu Tony and Feng Hung Lu Ruby
Bought by
Varghese Joseph and Varghese Jinoo M
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Renchi Varghese
Achieve Real Estate Group Inc
List Price
$650,000
Sold Price
$608,000
Premium/Discount to List
-$42,000
-6.46%
Total Days on Market
49
Current Estimated Value
$921,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,903
Avg. Annual Appreciation
5.53%
Original Mortgage
$486,400
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2004
Sold by
Globe Development Corp
Bought by
Lin Yo Fu Tony and Feng Hung Lu Ruby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2001
Sold by
Lasalle Bank National Assn
Bought by
Globe Development Corp
Source: Public Records

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Range of Values:

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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
Varghese Joseph $608,000 Citywide Title Corporation
Lin Yo Fu Tony $760,000 First American Title Ins Co
Globe Development Corp $3,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varghese Jinoo M $463,600
Closed Varghese Joseph $486,400
Previous Owner Lin Yofu Tony $295,000
Previous Owner Lin Yo Fu Tony $430,000
Closed Lin Yo Fu Tony $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $608,000 -4.7% $150 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/12/2017 05/12/17 Price Changed $638,000 -1.8% $158 / Sq Ft
03/31/2017 03/31/17 For Sale $650,000 -- $161 / 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 $22,860 $245,759 $53,736 $192,023
2023 $21,735 $231,892 $50,704 $181,188
2022 $21,735 $224,263 $49,036 $175,227
2021 $21,016 $221,845 $48,507 $173,338
2020 $20,539 $222,601 $48,672 $173,929
2019 $19,459 $221,781 $48,493 $173,288
2018 $19,691 $229,519 $52,714 $176,805
2017 $19,608 $224,162 $51,484 $172,678
2016 $18,944 $214,653 $49,300 $165,353
2015 $18,589 $200,742 $46,105 $154,637
2014 $16,706 $177,939 $49,517 $128,422
2012 $15,657 $178,295 $49,616 $128,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09580654

Midwest Real Estate Data (MRED)

APN: 15-18-401-029