NOT LISTED FOR SALE

8217 Penny Ln Richmond, IL 60071

Estimated Value: $462,000 - $538,000

4 Beds
2.5 Baths
4,446 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $434,900 $98 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,036/month

17 Days on Market

Highlights

  • In Ground Pool
  • 1.2 Acre Lot
  • Recreation Room
  • Richmond-Burton High School Rated 9+
  • Deck
  • Vaulted Ceiling

About This Home

As of July 2022

Nestled on 1.2 Acres this 4 Bedroom, 2.5 Bath Home with Finished Basement offers a 16x32 Inground Pool with New Liner and Pool Equipment, Large Newly Stained Deck & Gazebo, Newer Roof 2017 and New Upgraded Outside Light Fixtures. Main Level has all New LED Can Lights, Freshly Painted throughout, New Upgraded Lighting in Kitchen, Dining & Family Rooms. Kitchen features Stainless Steel Appliances, Bosch Dishwasher & Stove, Thermador Range with Stainless Steel Exhaust Hood. Custom Stone Backsplash accents the Kolher Kitchen Fixture. Upstairs Hall Bathroom Features New Tile Flooring, Quartz Counter, Kolher Sink, Upgraded Light Fixture. Primary Bathroom Completely Remolded with Double Vanity Cabinets, Floor to Ceiling Decorator Marble Stone, All Kolher Fixtures, Lighting, Faucets, Shower Fixtures and Vanity Mirrors. To add to the recent upgrades is New Furnace, Air Conditioner and Water Pressure Tank & Switch. Crown Molding throughout, Hardwood Floors in Kitchen and Eating Area. Main Level Laundry for your Convenience. Formal Living Room offers Brick Fireplace to Relax by. Garage Floor has New Epoxy Covering. This Home has so much NEW there is nothing to do but Move In and Enjoy.

Last Agent to Sell the Property

Sheila Thomas

RE/MAX Plaza License #471000305 Listed on: 06/10/2022

RE/MAX Plaza

Last Buyer's Agent

Catherine Peterie

HomeSmart Connect LLC License #475185839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,975

Year Built

  • Built in 1993 | Remodeled in 2021

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 303x302x337
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,446 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

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

Outdoor Features

  • In Ground Pool
  • Deck
  • Gazebo

Schools

  • Richmond Grade Elementary School
  • Nippersink Middle School
  • Richmond-Burton Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • Glenrich Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,975

Year Built

Built in 1993 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Glenrich
  • Year Built: 1993
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1776
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry
  • LivingArea: 4446
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 4446
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2670
  • Basement Sq Ft: 1776
  • Fireplace Location: Living Room
  • Total Sq Ft: 4446
  • Upper Level Sq Ft: 2670

Exterior Features

  • ExteriorFeatures: Deck, In Ground Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 434900
  • OtherStructures: Gazebo
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Richmond Grade School
  • High School: Richmond-Burton Community High S
  • Middle/Junior School: Nippersink Middle School
  • Middle/Junior School District: 2

Lot Info

  • Lot Size Acres: 1.2
  • Lot Dimensions: 303X302X337
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 6975.08
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 29, 2022
Sold by
Tore Sivertgen
Bought by
Fern Raymond J
Seller's Agent
Sheila Thomas
RE/MAX Plaza
Buyer's Agent
Catherine Peterie
HomeSmart Connect LLC
List Price
$434,900
Sold Price
$434,900
Current Estimated Value
$494,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,058
Avg. Annual Appreciation
2.56%
Original Mortgage
$434,900
Outstanding Balance
$413,984
Interest Rate
4.63%
Mortgage Type
VA
Estimated Equity
$56,061

Purchase Details

Closed on
Jun 15, 2011
Sold by
Sivertsen Lisa
Bought by
Sivertsen Tore and Sivertsen Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
4.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fern Raymond J $435,000 Fidelity National Title
Sivertsen Tore -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fern Raymond J $434,900
Previous Owner Sivertsen Tore $210,800
Previous Owner Sivertsen Tore $100,000
Previous Owner Sivertsen Tore $75,000
Previous Owner Sivertsen Tore $150,000
Previous Owner Sivertsen Tore $50,000
Previous Owner Sivertsen Tore $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $434,900 0.0% $98 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $434,900 -- $98 / 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 -- $113,527 $21,684 $91,843
2023 $4,068 $103,782 $19,823 $83,959
2022 $4,068 $93,447 $17,849 $75,598
2021 $7,093 $89,689 $17,131 $72,558
2020 $6,975 $86,297 $16,483 $69,814
2019 $6,905 $83,524 $15,953 $67,571
2018 $7,598 $86,631 $15,294 $71,337
2017 $7,599 $82,498 $14,564 $67,934
2016 $7,484 $77,347 $13,655 $63,692
2013 -- $65,683 $12,911 $52,772
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11431826

Midwest Real Estate Data (MRED)

APN: 04-22-376-006