NOT LISTED FOR SALE

701 Newcastle Ln Prospect Heights, IL 60070

Estimated Value: $1,008,000 - $1,106,000

5 Beds
6 Baths
4,757 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $930,000 $196 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,515/month

15 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Recreation Room
  • Main Floor Bedroom
  • Wheeling High School Rated A
  • Double Shower
  • Whirlpool Bathtub

About This Home

As of June 2024

Prepare to be amazed by this truly amazing home, perfectly designed for both luxurious living and entertaining on a grand scale. With 5 bedrooms, 4 full baths, and 2 half baths, this sprawling abode offers ample space and comfort for the whole family. Step inside and be greeted by the awe-inspiring open layout of the first floor, highlighted by a magnificent high-end kitchen that is sure to delight any culinary enthusiast. The spacious kitchen seamlessly flows into the elegant living and dining areas, creating an inviting atmosphere for gatherings and celebrations, there is also a 1st floor game room (including pool table) & wet bar. The first-floor master suite is a true sanctuary, boasting a cozy fireplace, a comfortable seating area, and a unbelievable walk-in closet. The updated master bath is a sight to behold, offering a luxurious retreat for relaxation and rejuvenation. There is also another bedroom with full bath on the main floor (can be used for in-law). Upstairs has 3 additional bedrooms, 1 with private bath & the other 2 with a jack & jill bath. Entertainment knows no bounds in the expansive basement, featuring a bar and an additional kitchen, perfect for hosting friends and family. With plenty of room for the kids to play and explore, the basement is sure to be a favorite hangout spot for all, including 2 huge crawls spaces for tons of storage. Outside, the oversized 3-car attached garage provides ample space for vehicles and storage, while a shed in the yard offers additional storage options. Situated on a generous 1/2 acre lot, this property also features a Generac generator for added peace of mind and the convenience of city water. Come see today!!

Last Agent to Sell the Property

Dawn Simmons

RE/MAX Suburban License #475125202 Listed on: 03/25/2024

RE/MAX Suburban

Co-Listed By

Josh Simmons

RE/MAX Suburban License #475170147

Last Buyer's Agent

Holly Monaco

Redfin Corporation License #475187122

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,109

Year Built

  • Built in 1985

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125x200
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,757 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sitting Room
  • Formal Dining Room
  • Recreation Room
  • Game Room
  • First Floor Utility Room

Kitchen

  • Double Oven
  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump
  • Finished Basement Bathroom
  • Crawl Space

Home Security

  • Home Security System
  • Intercom
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio

Schools

  • Robert Frost Elementary School
  • Oliver W Holmes Middle School
  • Wheeling High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Power Generator
  • Lake Michigan Water
  • Well
  • Multiple Water Heaters

Community Details

  • Custom

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,109

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Interior Amenities: First Floor Bedroom, In-Law Arrangement
  • LivingArea: 4757
  • Other Equipment: Humidifier, Central Vacuum, Security System, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Generator, Multiple Water Heaters
  • Room Type: Bedroom 5, Game Room, Kitchen, Recreation Room, Utility Room-1st Floor, Sitting Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Crawl
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Double Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Master Bedroom
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt,Circular,Side Drive
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Robert Frost Elementary School
  • High School: Wheeling High School
  • Middle/Junior School: Oliver W Holmes Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.5
  • Lot Dimensions: 125X200
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 23109
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Jun 19, 2024
Sold by
Kurt F Koziol And Karen A Koziol Living and Koziol Kurt F
Bought by
Rhodes Matthew
Seller's Agent
Dawn Simmons
RE/MAX Suburban
Buyer's Agent
Holly Monaco
Redfin Corporation
List Price
$949,900
Sold Price
$930,000
Premium/Discount to List
-$19,900
-2.09%
Views
83
Current Estimated Value
$1,040,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,455
Avg. Annual Appreciation
8.80%
Original Mortgage
$724,430
Outstanding Balance
$713,735
Interest Rate
6.25%
Mortgage Type
VA
Estimated Equity
$326,720

Purchase Details

Closed on
Feb 12, 2021
Sold by
Koziol Karen A and Karen A Koziol Revocable Trust
Bought by
Koziol Kurt F and Koziol Karen A

Purchase Details

Closed on
Jun 8, 2015
Sold by
Koziol Kurt F and Koziol Karen A
Bought by
Koziol Kurt F and Karen A Koziol Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2015
Sold by
Koziol Karen A
Bought by
Koziol Kurt F and Koziol Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 2004
Sold by
Koziol Kurt F and Koziol Karen A
Bought by
Koziol Karen A and Karen A Koziol Revocable Trust
Source: Public Records

Range of Values:

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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
Rhodes Matthew $930,000 None Listed On Document
Koziol Kurt F -- Attorney
Koziol Kurt F -- None Available
Koziol Kurt F -- Executive Land Title
Koziol Kurt F -- Executive Land Title
Koziol Karen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Matthew $724,430
Previous Owner Koziol Kurt F $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $930,000 -2.1% $196 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $949,900 -- $200 / 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 $24,498 $71,556 $20,000 $51,556
2023 $23,020 $71,556 $20,000 $51,556
2022 $23,020 $71,556 $20,000 $51,556
2021 $23,305 $62,875 $12,500 $50,375
2020 $22,775 $62,875 $12,500 $50,375
2019 $22,882 $70,252 $12,500 $57,752
2018 $21,472 $60,574 $10,625 $49,949
2017 $24,621 $69,100 $10,625 $58,475
2016 $23,694 $69,100 $10,625 $58,475
2015 $26,322 $68,980 $9,375 $59,605
2014 $25,998 $68,980 $9,375 $59,605
2013 $24,259 $68,980 $9,375 $59,605
Source: Public Records

Agents Affiliated with this Home

  • Dawn Simmons

    Seller's Agent in 2024

    Dawn Simmons

    RE/MAX Suburban

    (847) 738-1884

    37 in this area

    183 Total Sales

    Dawn Simmons
    Section Image
  • Josh Simmons

    Seller Co-Listing Agent in 2024

    Josh Simmons

    RE/MAX Suburban

    (224) 628-4013

    34 in this area

    115 Total Sales

    Josh Simmons
    Section Image

  • H

    Buyer's Agent in 2024

    Holly Monaco

    Redfin Corporation

    Holly Monaco
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12013119

Midwest Real Estate Data (MRED)

APN: 03-23-308-024-0000

Illinois Cook County Prospect Heights 60070

701 Newcastle Ln, Prospect Heights, IL

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