$245,000
SOLD JUN 11, 2013

7 Cottage Row Midlothian, IL 60445

5 Beds
6 Baths
6,285 Sq Ft
0.5 Acres

Recently Sold

$39 Per Sq Ft

11% Below List Price

64 Days on Market

Highlights

  • On Golf Course
  • Maid or Guest Quarters
  • Sun or Florida Room
  • Oak Forest High School Rated A-
  • Recreation Room
  • Home Gym

About This Home

As of January 2021

George Thorne's historic summer cottage in Midlothian... This property is eligible under the First Look initiative through 01/15-01/29. See attached addendum for details.This property is being sold as-is. Up to 3% closing costs for owner occupied financed deals. Please submit EM as certified funds. Provide proof of funds with cash offers and preapproval with financed deals.

Last Agent to Sell the Property

Richard Thomas

Realty Plus Chicago Inc. Listed on: 01/14/2013

Co-Listed By

Vanessa Charles

New Birth Realty Group LLC License #475131605

Last Buyer's Agent

Richard Thomas

Realty Plus Chicago Inc. Listed on: 01/14/2013

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $13,629

Year Built

  • 1899

Lot Details

  • On Golf Course
  • Southern Exposure

Parking

  • Detached Garage
  • Shared Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Shake Siding

Interior Spaces

  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Home Gym
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Maid or Guest Quarters

Utilities

  • Radiator
  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$13,629

Year Built

1899

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Architectural Style: Tudor
  • Type Detached: 2 Stories
  • Special Features: 20
  • Year Built: 1899

Interior Features

  • Appliances: Oven-Double, Dishwasher, Refrigerator
  • Fireplaces: 3
  • Number Of Rooms: 17
  • Fireplace Location: Living Room, Master Bedroom
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 25X14
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 17X15
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 17X17
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 14X9
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 44X20
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 22X21
  • Dining Room Flooring: Ceramic Tile
  • Family Room Level: Main Level
  • Family Room Size: 20X18
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Breakfast Bar, Galley, Island, Pantry-Butler
  • Kitchen Level: Main Level
  • Kitchen Size: 20X16
  • Kitchen Flooring: Ceramic Tile
  • Additional Rooms: Bonus, 5th Bedroom, Breakfast Room, Den, Exercise Room, Library, Maid Room, Recreation Room, Sitting Room, Sun/Florida Room
  • Additional Room 1 Name: 5th Bdrm
  • Additional Room 1 Level: 2nd Level
  • Additional Room 1 Size: 20X13
  • Additional Room 1 Flooring: Carpet
  • Additional Room 2 Name: Sunroom
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 35X18
  • Additional Room 2 Flooring: Ceramic Tile
  • Additional Room 3 Name: Breakfast Rm
  • Additional Room 3 Level: Main Level
  • Additional Room 3 Size: 16X12
  • Additional Room 3 Flooring: Ceramic Tile
  • Additional Room 4 Name: Sitting
  • Additional Room 4 Level: Main Level
  • Additional Room 4 Size: 10X8
  • Additional Room 4 Flooring: Hardwood
  • Additional Room 5 Name: Library
  • Additional Room 5 Level: Main Level
  • Additional Room 5 Size: 15X13
  • Additional Room 5 Flooring: Hardwood
  • Additional Room 6 Name: Den
  • Additional Room 7 Name: Bonus
  • Additional Room 8 Name: Recreation Rm
  • Additional Room 9 Name: Exercise Rm
  • Additional Room 10 Name: Maid

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Shakes
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Shared
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiators

Schools

  • High School: OAK FOREST HIGH SCHOOL
  • Junior High Dist: 142

Lot Info

  • Lot Dimensions: 238X108X174X62X64X47
  • Lot Description: Golf Course Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Jan 4, 2021
Sold by
558 Sunset Llc
Bought by
Martinez Conrad and Martinez Ana
Seller's Agent
Michelle Dean
Century 21 Circle
Buyer's Agent
Michael Clendenning
RE/MAX 10
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Current Estimated Value
$549,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,937
Avg. Annual Appreciation
8.94%
Original Mortgage
$351,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2017
Sold by
Mack Investments I Llc
Bought by
558 Sunset Llc

Purchase Details

Closed on
Feb 18, 2016
Sold by
Mack Industries Ltd
Bought by
Mack Investments I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 14, 2013
Closed on
Jun 6, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mack Industries Ltd
Seller's Agent
Richard Thomas
Realty Plus Chicago Inc.
Buyer's Agent
Richard Thomas
Realty Plus Chicago Inc.
List Price
$274,900
Sold Price
$245,000
Premium/Discount to List
-$29,900
-10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$196,000
Interest Rate
3.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2012
Sold by
Buratto Patricia A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 19, 2004
Sold by
Lawler Timothy G and Lawler Dona G
Bought by
Buratto Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $370,000 First American Title
Deed In Lieu Of Foreclosure -- First American Title
Quit Claim Deed -- Attorney
Special Warranty Deed $245,000 None Available
Trustee Deed -- None Available
Warranty Deed $730,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $351,500 New Conventional
Previous Owner $4,500,000 Purchase Money Mortgage
Previous Owner $196,000 Commercial
Previous Owner $240,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $370,000 -7.3% $59 / Sq Ft
12/16/2020 12/16/20 For Sale $399,000 +7.8% $63 / Sq Ft
12/11/2020 12/11/20 Off Market $370,000 -- --
11/28/2020 11/28/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $399,000 0.0% $63 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $399,000 0.0% $63 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $399,000 -4.8% $63 / Sq Ft
12/10/2019 12/10/19 For Sale $419,000 0.0% $67 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $419,000 -12.5% $67 / Sq Ft
07/24/2019 07/24/19 Price Changed $479,000 -4.0% $76 / Sq Ft
07/12/2019 07/12/19 For Sale $499,000 +103.7% $79 / Sq Ft
06/11/2013 06/11/13 Sold $245,000 -5.7% $39 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
02/13/2013 02/13/13 Price Changed $259,900 -5.5% $41 / Sq Ft
01/14/2013 01/14/13 For Sale $274,900 -- $44 / 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 $13,629 $38,000 $8,874 $29,126
2023 $8,078 $38,000 $8,874 $29,126
2022 $8,078 $17,421 $7,765 $9,656
2021 $6,349 $17,419 $7,764 $9,655
2020 $6,185 $17,419 $7,764 $9,655
2019 $5,335 $12,597 $7,210 $5,387
2018 $7,379 $17,984 $7,210 $10,774
2017 $23,857 $61,079 $7,210 $53,869
2016 $23,666 $55,224 $6,100 $49,124
2015 $23,127 $55,224 $6,100 $49,124
2014 $22,437 $55,224 $6,100 $49,124
2013 $20,201 $60,403 $6,100 $54,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08249032

Midwest Real Estate Data (MRED)

APN: 28-04-302-048-0000