NOT LISTED FOR SALE

7 Malvern Ln Vernon Hills, IL 60061

Estimated Value: $460,000 - $493,000

3 Beds
2 Baths
1,776 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $432,000 $243 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,293/month

3 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Recreation Room
  • Hawthorn Aspen Elementary School Rated A-
  • Property is near a park
  • Wood Flooring

About This Home

As of June 2023

This Deerpath location is truly remarkable! Seconds from your back slider, you will have quick access to the walking trail leading to the nearby creek and multiple parks - perfect for the outdoor lovers in your family. Upon entering through the front door, you'll be greeted by beautifully refinished rich hardwood flooring and a completely open-concept first floor that seamlessly connects the sun-drenched living room, dining area, and kitchen, creating an inviting space for socializing and entertaining guests. Whether you are preparing a meal or enjoying a quiet evening at home, this space ensures that everyone feels included and part of the action no matter where they are. The kitchen showcases ample counter space, a custom tile backsplash, a myriad of custom cabinets, quality appliances, including a heavy-duty KitchenAid disposal, a pot filler over the oven (so convenient), and an extra-long island with under-cabinet storage and breakfast bar seating. It's the ideal place for preparing meals, casual dining, or baking with loved ones. Hosting a summer cookout has never been easier, just grab your food and head out the slider to extend the gathering to the patio. Never worry about running out of propane mid-cookout with the attached gas grill! Retreat inside and head upstairs where you will find three spacious bedrooms all with generous closet space and a full bath with a dual sink vanity and a tub/shower combo. Next, the lower level offers a large family room which offers a great space to cozy up and catch up on your favorite shows, a full bath, and a versatile room that could easily be set up as a home office, or a fourth bedroom if needed. Don't stop there! The basement adds even more living space with a large rec room reminiscent of a city loft, a laundry room, and a hidden tucked-away bonus room - a great space for a hobby/crafting room, storage room, or another home office space! 2-car garage. This home is move-in ready and conveniently located near parks, shopping, Metra, and Award-winning schools. Don't let this opportunity slip away!

Last Agent to Sell the Property

Leslie McDonnell

RE/MAX Suburban License #475124525 Listed on: 06/01/2023

RE/MAX Suburban

Last Buyer's Agent

Katie Daniels

@properties Christie?s International Real Estate License #475187367

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,688

Year Built

  • Built in 1976

Lot Details

  • 7,148 Sq Ft Lot
  • Lot Dimensions are 64 x 111 x 65 x 110
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Split Level with Sub
  • Tri-Level Property
  • Asphalt Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Sub-Basement
  • Recreation or Family Area in Basement

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Shed
  • Outdoor Grill

Location

  • Property is near a park

Schools

  • Aspen Elementary School
  • Hawthorn Middle School South
  • Vernon Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Deerpath Subdivision, Cambridge Floorplan
  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,688

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Subdivision Name: Deerpath
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Built-in Features, Open Floorplan
  • LivingArea: 1776
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room, Bonus Room, Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Sub-Basement,Rec/Family Area
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Flooring: Other
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Outdoor Grill
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Aspen Elementary School
  • High School: Vernon Hills High School
  • Middle/Junior School: Hawthorn Middle School South

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1641
  • Lot Dimensions: 64 X 111 X 65 X 110
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 8687.94
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 1999
Sold by
Pohlson Delano R and Pohlson Yvonne
Bought by
Darling Loren J and Darling Jennifer D
Current Estimated Value
$481,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,812
Outstanding Balance
$62,675
Interest Rate
7.69%
Mortgage Type
FHA
Estimated Equity
$418,558

Purchase Details

Closed on
Oct 31, 1997
Sold by
Buccola Brett C
Bought by
Pohlson Delano R and Pohlson Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,250
Interest Rate
7.37%

Purchase Details

Closed on
Oct 13, 1993
Sold by
Buccola Patricia A and Robb Patricia A
Bought by
Buccola Brett C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

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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
Darling Loren J $204,500 --
Pohlson Delano R $184,500 Land Title Group Inc
Buccola Brett C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darling Loren J $202,812
Previous Owner Pohlson Delano R $175,250
Previous Owner Buccola Brett C $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $432,000 +1.6% $243 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $425,000 -- $239 / 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 $9,304 $116,287 $28,135 $88,152
2023 $9,118 $107,573 $26,026 $81,547
2022 $9,118 $104,034 $25,170 $78,864
2021 $8,824 $102,913 $24,899 $78,014
2020 $8,688 $103,264 $24,984 $78,280
2019 $8,523 $102,883 $24,892 $77,991
2018 $7,997 $98,053 $24,601 $73,452
2017 $7,910 $95,764 $24,027 $71,737
2016 $7,663 $91,702 $23,008 $68,694
2015 $7,544 $85,759 $21,517 $64,242
2014 $7,404 $82,974 $23,110 $59,864
2012 $7,251 $83,140 $23,156 $59,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11796925

Midwest Real Estate Data (MRED)

APN: 15-04-303-087