701 Burning Tree Ln Naperville, IL 60563
Cress Creek NeighborhoodEstimated Value: $962,000 - $1,181,000
4
Beds
3
Baths
3,272
Sq Ft
$315/Sq Ft
Est. Value
Highlights
- On Golf Course
- Landscaped Professionally
- Georgian Architecture
- Mill Street Elementary School Rated A+
- Vaulted Ceiling
- 4-minute walk to Cress Creek Park
About This Home
As of June 2020Exceptional & Rare Opportunity - The only Double-Lot Property in Cress Creek Country Club. Located on the 18th Fairway. Combined lots are 140' wide x 143' deep, providing tremendous opportunity for a luxurious custom home. OR, build 2 custom homes on each of the existing 70' x 143' lots. Within walking distance to both Metra & Downtown Naperville & only 2 miles to I-88. One block from the optional membership Cress Creek Country Club. Beautiful All-Brick Georgian Residence built sparing no expense. Home has 4 bedrooms and 2 3/4 baths. First floor den has built-in closet and is adjacent to hall bath with shower, making it functional for an in-law arrangement. Large Living Room & Family Room with Wet Bar. Screened-In Porch (13' x 23') has expansive views to the golf course. Home viewing by appointment only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,790
Year Built
- 1964
Lot Details
- On Golf Course
- Landscaped Professionally
Parking
- Attached Garage
- Garage ceiling height seven feet or more
- Garage Transmitter
- Garage Door Opener
- Circular Driveway
- Side Driveway
- Garage Is Owned
Home Design
- Georgian Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- Wet Bar
- Vaulted Ceiling
- Skylights
- See Through Fireplace
- Entrance Foyer
- Den
- Game Room
- Screened Porch
- First Floor Utility Room
- Gallery
- Wood Flooring
- Attic
Kitchen
- Breakfast Bar
- Double Oven
- Cooktop with Range Hood
- High End Refrigerator
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Handicap Shower
- Separate Outdoor Workshop
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2019
Closed on
Jun 22, 2020
Sold by
Rigby William J and Rigby Joan M
Bought by
Marrero Nicholas and Marrero Katherine
Seller's Agent
Paul Lehman
Paul J Lehman
Buyer's Agent
Bill White
Baird & Warner
List Price
$725,000
Sold Price
$635,000
Premium/Discount to List
-$90,000
-12.41%
Total Days on Market
234
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,529
Avg. Annual Appreciation
9.14%
Original Mortgage
$570,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 8, 1994
Sold by
Rigby William J and Rigby Joan M
Bought by
Rigby William J and Rigby Joan M
Similar Homes in Naperville, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marrero Nicholas | $635,000 | Premier Title | |
| Rigby William J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marrero Nicholas | $859,500 | |
| Closed | Marrero Nicholas | $570,000 | |
| Previous Owner | Rigby William J | $540,000 | |
| Previous Owner | Rigby William J | $500,000 | |
| Previous Owner | Rigby William J | $500,000 | |
| Previous Owner | Rigby William J | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2020 06/22/20 | Sold | $635,000 | -5.9% | $194 / Sq Ft |
| 04/20/2020 04/20/20 | Pending | -- | -- | -- |
| 02/16/2020 02/16/20 | Price Changed | $675,000 | -0.6% | $206 / Sq Ft |
| 09/27/2019 09/27/19 | Price Changed | $679,000 | -6.3% | $208 / Sq Ft |
| 08/30/2019 08/30/19 | For Sale | $725,000 | -- | $222 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $16,790 | $271,380 | $111,760 | $159,620 |
| 2022 | $13,793 | $219,470 | $105,280 | $114,190 |
| 2021 | $13,312 | $211,640 | $101,520 | $110,120 |
| 2020 | $13,657 | $211,640 | $101,520 | $110,120 |
| 2019 | $15,211 | $232,050 | $96,560 | $135,490 |
| 2018 | $16,159 | $246,870 | $102,040 | $144,830 |
| 2017 | $15,851 | $238,500 | $98,580 | $139,920 |
| 2016 | $14,750 | $228,890 | $94,610 | $134,280 |
| 2015 | $14,766 | $217,330 | $89,830 | $127,500 |
| 2014 | $14,409 | $206,200 | $84,660 | $121,540 |
| 2013 | $14,311 | $207,630 | $85,250 | $122,380 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Lehman
P
Seller's Agent in 2020
Paul Lehman
Paul J Lehman
(630) 651-5263
1 in this area
3 Total Sales
-
Bill White
Buyer's Agent in 2020
Bill White
Baird Warner
(630) 235-9760
97 in this area
263 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10502275
APN: 07-12-301-023
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