$510,000
SOLD NOV 8, 2024
3 Beds
3 Baths
1,940 Sq Ft
1.15 Acres

Recently Sold

$263 Per Sq Ft

11% Below List Price

86 Days on Market

Highlights

  • Barn
  • 1.15 Acre Lot
  • Screened Deck
  • Elmer H Franzen Intermediate School Rated A
  • Mature Trees
  • Property is near a park

About This Home

As of November 2024

Rare opportunity! Discover this rare gem, a 3 bedroom, 3 bath home situated on over an acre of land, ajcent to forest preserves in the highly sought after location of Itasca. This home boasts light and bright spacious, wide open living areas and hardwood floors throughout the first floor. The living room has a wood burning fireplace for those cold winter nights. This property offers unparalleled privacy and natural beauty, featuring a large koi pond with a waterfall, nestled among 400+ year old Oak trees. Enjoy serene views from the screened in porch which provides electricity and overlooks the pond and forest preserve, leading to a large Octagon deck. The home includes a 2-car detached garage and a stunning 1200 SF party barn. The barn showcases original barn wood, heating, and eight skylights, making it a perfect space for gatherings and entertaining. Experience the conveniences of great schools, nearby parks, and shops. Easy access to all highways and just minutes to the Metra train station. This property offers the best of both worlds- country living with city conveniences. Whether you're looking to move right in, add an addition, or build your dream home, this property offers endless possibilities! Don't miss out on this extraordinary chance to own a piece of paradise in Itasca. This unique retreat is waiting for you. So make it yours today!

Last Agent to Sell the Property

Renee Schoenherr

Century 21 Circle License #475137635 Listed on: 07/26/2024

Century 21 Circle

Last Buyer's Agent

Marcin Tendera

RE/MAX Professionals License #475176195

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,746

Year Built

  • Built in 1939

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 175 x 159.9 x 95.2 x 171.1 x 150.1
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Tudor Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,940 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Screened Porch
  • Finished Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Screened Deck
  • Patio
  • Fire Pit

Location

  • Property is near a park
  • Property is near a forest

Schools

  • Raymond Benson Primary Elementary School
  • F E Peacock Middle School
  • Lake Park High School

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,746

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tudor
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1939
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Wine Refrigerator, Cooktop, Gas Cooktop, Wall Oven
  • Basement: English
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1940
  • Room Type: Office, Deck, Screened Porch
  • Estimated Total Finished Sq Ft: 1117
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1117
  • Fireplace Location: Living Room
  • Total Sq Ft: 1117
  • Attic: Finished
  • Lower Level Sq Ft: 1117
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Screened Deck, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 550000
  • Lot Features: Forest Preserve Adjacent, Mature Trees
  • OtherStructures: Barn(s), Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Raymond Benson Primary School
  • High School: Lake Park High School
  • Middle/Junior School: F E Peacock Middle School
  • Middle/Junior School District: 10

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.15
  • Lot Dimensions: 175 X 159.9 X 95.2 X 171.1 X 150.1
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 8746
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Nov 8, 2024
Sold by
Peterson Dean and Peterson Sue Ellen
Bought by
Lee Charles T
Seller's Agent
Renee Schoenherr
Century 21 Circle
Buyer's Agent
Marcin Tendera
RE/MAX Professionals
List Price
$570,000
Sold Price
$510,000
Premium/Discount to List
-$60,000
-10.53%
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$382,500
Outstanding Balance
$380,004
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$141,023

Purchase Details

Closed on
Jul 28, 2000
Sold by
Peterson Sue Ellen
Bought by
Peterson Dean and Peterson Sue Ellen

Purchase Details

Closed on
Mar 1, 2000
Sold by
Itasca Bank & Trust Co
Bought by
Peterson Sue Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
8.31%
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 Type Sale Price Title Company
Warranty Deed $510,000 None Listed On Document
Interfamily Deed Transfer -- --
Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,500 New Conventional
Previous Owner $178,500 New Conventional
Previous Owner $40,000 Unknown
Previous Owner $256,740 Unknown
Previous Owner $208,000 Unknown
Previous Owner $205,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $549,000 +7.6% $283 / Sq Ft
11/08/2024 11/08/24 Sold $510,000 -7.3% $263 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/06/2024 10/06/24 Price Changed $550,000 -3.5% $284 / Sq Ft
09/25/2024 09/25/24 Price Changed $570,000 0.0% $294 / Sq Ft
09/25/2024 09/25/24 For Sale $570,000 +11.8% $294 / Sq Ft
08/26/2024 08/26/24 Off Market $510,000 -- --
08/09/2024 08/09/24 Price Changed $595,000 -4.8% $307 / Sq Ft
07/22/2024 07/22/24 For Sale $625,000 -- $322 / 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
2023 $8,746 $129,320 $69,030 $60,290
2022 $8,456 $124,460 $66,040 $58,420
2021 $8,041 $119,220 $63,260 $55,960
2020 $7,736 $114,190 $60,590 $53,600
2019 $7,555 $109,800 $58,260 $51,540
2018 $9,536 $133,110 $81,570 $51,540
2017 $8,971 $127,220 $77,960 $49,260
2016 $8,687 $117,460 $71,980 $45,480
2015 $8,432 $108,500 $66,490 $42,010
2014 $8,300 $102,040 $62,690 $39,350
2013 $8,109 $104,120 $63,970 $40,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12111585

Midwest Real Estate Data (MRED)

APN: 03-07-406-029