NOT LISTED FOR SALE

7305 W Pauling Rd Monee, IL 60449

Estimated Value: $500,000

3 Beds
3 Baths
2,800 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $421,000 $150 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,391/month

2 Days on Market

Highlights

  • Barn
  • Mature Trees
  • Vaulted Ceiling
  • Horses Allowed On Property
  • Deck
  • Formal Dining Room

About This Home

As of June 2022

5 Acres with 3 Bed, 3 Bath, 2,800 SqFt House, Attached Garage, Covered Porch and Pole Barn. Zoned AG - Farm Land With Buildings. Horses and Animals Allowed. Peotone School District. Welcome to Small Town, Peaceful Country Living. Far enough away to have Land, yet still Close to all the Amenities you need. Spacious Home with Generous Sized Rooms, Great/Family Room with Fireplace, Wet Bar and 2 Sliders leading to rear of property. Relax on the Covered Rear Porch Deck off of Kitchen overlooking the Property. Main Floor Laundry Room and Full Bath. Master Bedroom has Private Balcony and Bath. 2nd Floor Walk-In access to 25' x 16' attic can easily be finished to additional 4th Bedroom, Living Space or storage. House was built with the best of HVAC - Room Zoned Boiler Baseboard Heat and Central Air Conditioning! Home includes a Kennel with 6 Indoor/Outdoor Runs and Unfinished, Walk-Out Sub-Basement. House is Solid and can use some Cosmetic updates. **Multiple Offers Received - Highest & Best Due by Tuesday 5/31/22 at 8:00pm**

Last Agent to Sell the Property

Jared Gordon

Baird & Warner License #475183322 Listed on: 05/29/2022

Baird & Warner

Last Buyer's Agent

Diane O'Connor

Select a Fee RE System License #471017446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,525

Year Built

  • Built in 1988

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 275x721
  • Dog Run
  • Level Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level with Sub
  • Quad-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Chute

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Schools

  • Peotone Elementary School
  • Peotone Junior High School
  • Peotone High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,525

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Quad Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1988
  • Age: 31-40 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2800
  • Room Type: Foyer, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Full,Unfinished

Exterior Features

  • ExteriorFeatures: Deck, Porch, Dog Run
  • Foundation Details: Concrete Perimeter
  • List Price: 400000
  • Lot Features: Horses Allowed, Wooded, Mature Trees, Level
  • OtherStructures: Barn(s), Dog Kennel, Outbuilding, Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Baseboard
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Chute, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Peotone Elementary School
  • High School: Peotone High School
  • Middle/Junior School: Peotone Junior High School
  • Middle/Junior School District: 207U

Lot Info

  • Lot Size Acres: 5
  • Lot Dimensions: 275X721
  • Rural (Y/N): Y
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 6525.38
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2022
Closed on
Jun 8, 2022
Sold by
First Midwest Bank
Bought by
Demeo Samuel R
Seller's Agent
Jared Gordon
Baird & Warner
Buyer's Agent
Diane O'Connor
Select a Fee RE System
List Price
$400,000
Sold Price
$421,000
Premium/Discount to List
$21,000
5.25%
Current Estimated Value
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,000
Avg. Annual Appreciation
6.65%
Original Mortgage
$315,750
Outstanding Balance
$270,817
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$240,183

Purchase Details

Closed on
May 18, 2006
Sold by
Park National Bank
Bought by
Peotone Bank & Trust and Trust #9-1391
Source: Public Records

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Range of Values:

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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
Demeo Samuel R $421,000 New Title Company Name
Peotone Bank & Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demeo Samuel R $315,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $421,000 +5.3% $150 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/29/2022 05/29/22 For Sale $400,000 -- $143 / 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
2023 $7,392 $138,518 $25,336 $113,182
2022 $6,806 $125,423 $22,922 $102,501
2021 $6,548 $116,628 $21,278 $95,350
2020 $6,525 $114,005 $20,735 $93,270
2019 $6,783 $112,354 $20,372 $91,982
2018 $7,112 $110,084 $19,906 $90,178
2017 $6,950 $107,288 $19,352 $87,936
2016 $6,988 $107,224 $19,288 $87,936
2015 $6,729 $104,053 $18,678 $85,375
2014 $6,729 $101,977 $18,276 $83,701
2013 $6,729 $101,955 $18,254 $83,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11416645

Midwest Real Estate Data (MRED)

APN: 13-36-200-010