$262,500
SOLD MAR 7, 2016
4 Beds
6 Baths
9,000 Sq Ft
9 Acres

Recently Sold

$29 Per Sq Ft

30% Below List Price

81 Days on Market

Highlights

  • Water Views
  • Horses Allowed On Property
  • Home Theater
  • Richmond-Burton High School Rated 9+
  • Indoor Pool
  • Sauna

About This Home

As of May 2018

Rare Opportunity to own 8+ acres in the exclusive pillow hill equestrian neighborhood. This custom built residence boasts 9,000 sq. ft. of living space including indoor pool, sauna, theater rm, large rec rm w/wet bar/mini kitchen, 3 story glass windows overlooking Chain O Lakes State Park Nature Preserve. Property includes a 3500 sq. ft. out bldg, a one bdrm caretaker residence & complete workout rm. 2nd PIN 05-20-4000-12-0000

Last Agent to Sell the Property

Jeffrey Schultz

Kinzie Brokerage LLC License #475156405 Listed on: 12/10/2015

Last Buyer's Agent

Jeffrey Schultz

Kinzie Brokerage LLC License #475156405 Listed on: 12/10/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,807

Year Built

  • 1965

Lot Details

  • East or West Exposure
  • Fenced Yard
  • Wooded Lot

Parking

  • Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Concrete Siding

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Great Room
  • Home Theater
  • Library
  • Recreation Room
  • Bonus Room
  • Second Floor Utility Room
  • Laundry on upper level
  • Sauna
  • Water Views

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Whirlpool Bathtub
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Indoor Pool
  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Property is near a forest
  • Horses Allowed On Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,807

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Type Detached: 3 Stories
  • Estimated Year Built: 1965
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Interior Property Features: Sauna/Steam Room, Bar-Wet, 1st Floor Bedroom, In-Law Arrangement, 2nd Floor Laundry, Pool Indoors
  • Number Of Rooms: 13
  • Living Room: Dimensions: 40X25, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: None
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Fireplace Details: Wood Burning
  • Basement: Full
  • Basement: Partially Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: 2nd Level
  • Kitchen Type: Dimensions: 25X23, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Butler
  • Additional Rooms: Balcony, Bonus, Great Room, Library, Recreation Room, Theatre Room, Utility Room-2nd Floor
  • Master Bedroom: Dimensions: 21X15, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 1 Name: Library, Dimensions: 12X12, On Level: 2nd Level
  • Additional Room 2 Name: Recreation Rm, Dimensions: 22X30, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 18X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Theater Rm, Dimensions: 17X17, On Level: Main Level
  • Bedroom 3: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 4 Name: Great Rm, Dimensions: 32X34, On Level: Main Level
  • Bedroom 4: Dimensions: 12X12, On Level: Basement, Flooring: Carpet
  • Additional Room 5 Name: Bonus, Dimensions: 13X12, On Level: Main Level, Flooring: Stone
  • Additional Room 6 Name: Balcony, Dimensions: 5X50, On Level: Main Level
  • Additional Room 7 Name: Utility Room-2nd Floor, Dimensions: 5X5, On Level: 2nd Level
  • Estimated Sq Ft: 9000
  • Family Room: Dimensions: 30X14, On Level: Main Level, Flooring: Stone, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: 8.0-9.99 Acres
  • Exterior Building Type: Brick, Concrete
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: E (East), W (West)
  • Acreage: 8.5

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air, Zoned
  • Heating Fuel: Gas, Forced Air, Zoned

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 2
  • Elementary School: SPRING GROVE ELEMENTARY SCHOOL
  • Middle School: SPRING GROVE ELEMENTARY SCHOOL
  • High School: RICHMOND HIGH SCHOOL
  • Junior High Dist: 2

Lot Info

  • Lot Dimensions: 8.5
  • Lot Description: Fenced Yard, Forest Preserve Adjacent, Horses Allowed, Water View, Wooded
  • Parcel Identification Number: 0520400010

Tax Info

  • Taxes: 18389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
May 17, 2018
Sold by
Oraha Kewargis and Oraha Maryam
Bought by
Jmm South Properties Llc
Seller's Agent
Violeta Jako-Ostojic
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$369,995
Sold Price
$220,000
Premium/Discount to List
-$149,995
-40.54%
Current Estimated Value
$473,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,764
Avg. Annual Appreciation
11.01%

Purchase Details

Listed on
Dec 10, 2015
Closed on
Mar 4, 2016
Sold by
Byline Bank
Bought by
Oraha Kewargis and Oraha Maryam
Seller's Agent
Jeffrey Schultz
Kinzie Brokerage LLC
Buyer's Agent
Jeffrey Schultz
Kinzie Brokerage LLC
List Price
$375,000
Sold Price
$262,500
Premium/Discount to List
-$112,500
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.75%

Purchase Details

Closed on
Sep 2, 2009
Sold by
Wolf Michelle and Gale David
Bought by
Miles Randolph

Purchase Details

Closed on
Mar 15, 1996
Sold by
Cole Taylor Bank
Bought by
Miles Randolph S
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 Type Sale Price Title Company
Warranty Deed $200,000 Greater Illinois Title Co
Special Warranty Deed $261,500 Freedom Title
Quit Claim Deed -- None Available
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $220,000 -40.5% $24 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $369,995 +41.0% $41 / Sq Ft
03/07/2016 03/07/16 Sold $262,500 -30.0% $29 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $375,000 -- $42 / 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 $4,807 $66,876 $19,504 $47,372
2023 $1,793 $23,290 $20,645 $2,645
2022 $1,672 $20,488 $18,161 $2,327
2021 $1,595 $19,314 $17,120 $2,194
2020 $1,564 $18,463 $16,366 $2,097
2019 $1,577 $18,175 $16,111 $2,064
2018 $1,615 $17,613 $15,613 $2,000
2017 $3,202 $33,079 $12,925 $20,154
2016 $3,228 $31,591 $12,344 $19,247
2013 -- $33,675 $13,158 $20,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09100127

Midwest Real Estate Data (MRED)

APN: 05-20-400-012