8406 William Ln Spring Grove, IL 60081
Estimated Value: $497,153 - $534,000
3
Beds
2.5
Baths
2,652
Sq Ft
$193/Sq Ft
Est. Value
Highlights
- Barn
- Stables
- Deck
- Richmond-Burton High School Rated 9+
- 2.45 Acre Lot
- Family Room with Fireplace
About This Home
As of July 2023WELCOME TO THIS PEACEFUL EQUESTRIAN RETREAT tucked away on 2.45 beautiful acres in this unique community designed with your hooved friends in mind! This custom built one story home has been meticulously cared for by the original owners. The front porch welcomes you into the spacious living room featuring a wood burning fireplace with French sliding doors leading to the backyard. The huge country kitchen is a chef's dream with an abundance of cabinetry, ample counter space and updated appliances! The dining room is a convenient go between the kitchen and the expansive family room designed for entertaining! A second fireplace showcases this amazing space. The easily accessible mud room is off of the kitchen and offers plenty of storage and access to the large deck. The primary bedroom features an updated bathroom and dual closets! The other 2 spacious bedrooms and office are serviced by a full bathroom with a large vanity and tub/shower combo. BRING YOUR HGTV DECORATING IDEAS to the unfinished basement boasting 9 foot ceilings to create the rec room, playroom or movie theatre of your dreams! There is a large concrete crawl space that offers additional storage in the basement. This much loved home is an estate sale and AS IS however you can feel confident with the numerous NEW UPDATES! NEW furnace, NEW A/C within 3 years, NEWER hot water heater, NEW well tank within 3 years, refurbished owned water softener, NEWER floor coverings and paint throughout, and an UPDATED primary bathroom. TRAILS, STABLES AND PASTURES await you in the outdoor space! The 3 car garage offers ample room for your vehicles, bikes and storage, and the oversized garden shed will house your tractor and lawn equipment beautifully! The hand built 40 x 30 4 stall horse stable replicates the design of the home, and will become a haven for your horses. A workshop, wash bay and tack room are also housed in the barn! The fenced pasture and paddock is beyond the barn and several miles of riding trails can be found throughout the subdivision and lead to trails at Chain O' Lakes State Park. This incredible property will be a place to create lasting memories, whether you are a horse lover or not. Located within an hour from O'Hare and Milwaukee Airports, and only minutes to the Metra, expressway, Lake Geneva dining and recreation!
Last Agent to Sell the Property
Baird & Warner License #475142768 Listed on: 06/07/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,229
Year Built
- Built in 1986
Lot Details
- 2.45 Acre Lot
- Lot Dimensions are 187.4x11.4x362.8x299.6x354.3
- Fenced Yard
- Wood Fence
- Paved or Partially Paved Lot
- Level Lot
HOA Fees
- $2 Monthly HOA Fees
Parking
- 3 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Space is Owned
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 2,652 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Office
Kitchen
- Range
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Crawl Space
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Accessible Home Design
- Grab Bar In Bathroom
- Accessibility Features
Outdoor Features
- Deck
- Shed
Schools
- Spring Grove Elementary School
- Nippersink Middle School
- Richmond-Burton Community High School
Farming
- Barn
Horse Facilities and Amenities
- Horses Allowed On Property
- Paddocks
- Stables
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Well
- Water Softener is Owned
- Private or Community Septic Tank
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Paddock Estates Subdivision, Custom One Story Floorplan
Recreation
- Horse Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2023
Closed on
Jul 5, 2023
Sold by
Trust No Sbl-3443
Bought by
Nash Scott and Nash Brooke
Seller's Agent
Peggy Bailey
Baird & Warner
Buyer's Agent
Jennifer Servi
Keller Williams North Shore West
List Price
$459,900
Sold Price
$467,000
Premium/Discount to List
$7,100
1.54%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,538
Avg. Annual Appreciation
4.89%
Original Mortgage
$373,600
Outstanding Balance
$366,432
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$146,106
Purchase Details
Closed on
Oct 11, 2018
Sold by
The Chicago Trust Company Na
Bought by
The Chicago Trust Company Na and Trust No Sbl 3443
Purchase Details
Closed on
Apr 16, 1998
Sold by
Erdman John
Bought by
Erdman John M and Erdman Margaret Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Spring Grove, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nash Scott | $467,000 | None Listed On Document | |
| The Chicago Trust Company Na | -- | Attorney | |
| Erdman John M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nash Scott | $373,600 | |
| Previous Owner | Erdman John H | $225,000 | |
| Previous Owner | Erdman John H | $225,000 | |
| Previous Owner | Erdman John M | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2023 07/18/23 | Sold | $467,000 | +1.5% | $176 / Sq Ft |
| 06/11/2023 06/11/23 | Pending | -- | -- | -- |
| 06/07/2023 06/07/23 | For Sale | $459,900 | -- | $173 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,961 | $146,590 | $32,920 | $113,670 |
| 2023 | $7,376 | $136,719 | $30,703 | $106,016 |
| 2022 | $8,229 | $120,266 | $27,008 | $93,258 |
| 2021 | $9,361 | $113,373 | $25,460 | $87,913 |
| 2020 | $9,178 | $108,377 | $24,338 | $84,039 |
| 2019 | $9,256 | $106,691 | $23,959 | $82,732 |
| 2018 | $8,469 | $103,392 | $23,218 | $80,174 |
| 2017 | $8,333 | $97,091 | $21,803 | $75,288 |
| 2016 | $8,350 | $92,723 | $20,822 | $71,901 |
| 2013 | -- | $110,884 | $19,697 | $91,187 |
Source: Public Records
Agents Affiliated with this Home
-
Peggy Bailey
Seller's Agent in 2023
Peggy Bailey
Baird Warner
(815) 701-8667
27 in this area
112 Total Sales
-
Jennifer Servi
J
Buyer's Agent in 2023
Jennifer Servi
Keller Williams North Shore West
(847) 219-7755
1 in this area
6 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11802101
APN: 05-19-427-002
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