NOT LISTED FOR SALE

721 Chatfield Rd New Lenox, IL 60451

Estimated Value: $1,284,000 - $1,530,000

5 Beds
7 Baths
9,801 Sq Ft
$142/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $1,065,000 $109 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,152/month

198 Days on Market

Highlights

  • Home Theater
  • 1.52 Acre Lot
  • Deck
  • Lincoln-Way Central High School Rated A
  • Fireplace in Kitchen
  • Recreation Room

About This Home

As of January 2023

Absolutely beautiful Custom Built Executive Home in luxurious Chartwell Downs subdivision!!! This all brick and stone home sits on over 1.5 heavily wooded Acres. As you enter this home you will be greeted with 30ft coffered ceilings and a massive great room with a luxurious marble floor, designer crown molding & limestone heatilator fireplace that brings the outside into the home. Off to the east of the home you will find your 1st Floor Main Suite with a huge walk-in closet, jacuzzi tub and access to the outdoors for morning coffee to start your day. The Chef's Kitchen offers high end Sub Zero and Wolf appliances, warming drawer, granite countertops and vaulted cathedral ceilings and of course more views of the outdoors. Kitchen attaches to a heath room with vaulted beamed ceiling and a cozy burning fireplace for romantic dinners and cozy nights. it also walks out to a maintenance free deck that oversees the backyard. A total of 5 bedrooms with 5 full baths / 2 half baths. Second Floor has 3 Huge Master Jr Suites each with their own toilet and vanity. Did we say BONUS.....3rd floor Storage area which could be finished for additional Living Space! Fully finished walk out lower level is an entertainment dream. Enjoy a fully furnished designer movie theater room, full wet bar, golf room, game/tv area, wine cellar/room, personal fitness room, 3 season room & more all leading out onto a patio for outdoor entertaining & enjoying nature. Lower level also has a full spa bathroom complete with steam shower. View the outline of the lot which can easily accommodate an in ground pool. This home features over 9000 sq ft of finished living space and is located in one of the most affluent and private area of New Lenox.

Last Agent to Sell the Property

Maria Miller

Better Homes & Gardens Real Estate License #475114458 Listed on: 05/13/2022

Better Homes & Gardens Real Estate

Co-Listed By

Scott Miller

Better Homes & Gardens Real Estate License #475184950

Last Buyer's Agent

Mario DiLorenzo

Keller Williams ONEChicago License #471002044

Keller Williams ONEChicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,483

Year Built

  • Built in 1999

Lot Details

  • 1.52 Acre Lot
  • Lot Dimensions are 235x402x264x206
  • Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 9,801 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar Fridge
  • Bar
  • Coffered Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Recreation Room
  • Game Room
  • Play Room
  • Home Gym
  • Wood Flooring
  • Full Attic
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Stamped Concrete Patio

Schools

  • Spencer Crossing Elementary Scho
  • Alex M Martino Junior High Schoo
  • Lincoln-Way Central High School

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • 200+ Amp Service
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Cable TV Available

Community Details

  • Chartwell Downs Subdivision, Custom Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,483

Year Built

Built in 1999

Lot Details

0

HOA Fees

$17 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Chartwell Downs
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Wine Refrigerator, Cooktop
  • Basement: Full, Walkout
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Coffered Ceiling(s), Granite Counters, Separate Dining Room
  • LivingArea: 9801
  • Other Equipment: Humidifier, Water-Softener Owned, Central Vacuum, TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Bedroom 5, Eating Area, Exercise Room, Game Room, Great Room, Play Room, Recreation Room, Theatre Room
  • Estimated Total Finished Sq Ft: 9801
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 9801
  • Fireplace Location: Living Room,Basement,Kitchen
  • Total Sq Ft: 9801
  • Upper Level Sq Ft: 2395
  • Attic: Full
  • Main Level Sq Ft: 3278
  • Lower Level Sq Ft: 4128
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Stamped Concrete Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 1199000
  • Lot Features: Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Indv Controls, Zoned
  • Laundry Features: In Unit
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Spencer Crossing Elementary Scho
  • High School: Lincoln-Way Central High School
  • Middle/Junior School: Alex M Martino Junior High Schoo
  • Middle/Junior School District: 122

Lot Info

  • Lot Size Acres: 1.52
  • Lot Dimensions: 235X402X264X206
  • 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: 24483.26
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Dec 27, 2022
Sold by
Trust No 95-5590
Bought by
Gibson Steven and Gibson Raisha
Seller's Agent
Maria Miller
Better Homes & Gardens Real Estate
Buyer's Agent
Mario DiLorenzo
Keller Williams ONEChicago
List Price
$1,259,000
Sold Price
$1,065,000
Premium/Discount to List
-$194,000
-15.41%
Views
30
Current Estimated Value
$1,391,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,846
Avg. Annual Appreciation
10.30%
Original Mortgage
$639,000
Outstanding Balance
$618,173
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$773,673

Purchase Details

Closed on
Oct 29, 2009
Sold by
Quanstrom Carl M
Bought by
First Midwest Bank and Trust #95-5590

Purchase Details

Closed on
Oct 9, 2001
Sold by
Quanstrom Carl M
Bought by
Quanstrom Carl M and Quanstrom Paula M

Purchase Details

Closed on
Jan 7, 1999
Sold by
First Midwest Trust Company Natl Assn
Bought by
Quanstrom Carl M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 20, 1995
Sold by
Nlsb
Bought by
Heritage Trust Co
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
Gibson Steven $1,065,000 Barrister Title
First Midwest Bank -- Attorneys Title Guaranty Fun
Quanstrom Carl M -- Chicago Title Insurance Co
Quanstrom Carl M -- Greater Illinois Title Compa
Heritage Trust Co $110,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Steven $639,000
Previous Owner Quanstrom Carl M $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $1,065,000 -11.2% $109 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $1,199,000 -4.8% $122 / Sq Ft
05/13/2022 05/13/22 For Sale $1,259,000 -- $128 / 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 $33,066 $430,604 $84,855 $345,749
2023 $33,066 $392,529 $77,352 $315,177
2022 $29,245 $361,611 $71,259 $290,352
2021 $24,254 $340,084 $67,017 $273,067
2020 $24,483 $327,950 $64,626 $263,324
2019 $24,214 $317,781 $62,622 $255,159
2018 $24,549 $306,826 $60,463 $246,363
2017 $24,036 $298,005 $58,725 $239,280
2016 $23,347 $290,029 $57,153 $232,876
2015 -- $280,900 $55,354 $225,546
2014 -- $277,432 $54,671 $222,761
2013 -- $281,172 $55,408 $225,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11404116

Midwest Real Estate Data (MRED)

APN: 15-08-14-226-011