NOT LISTED FOR SALE

8406 William Ln Spring Grove, IL 60081

Estimated Value: $488,000 - $534,284

3 Beds
2.5 Baths
2,652 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $467,000 $176 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,576/month

3 Days on Market

Highlights

  • Barn
  • 2.45 Acre Lot
  • Family Room with Fireplace
  • Stables
  • Deck
  • Ranch Style House

About This Home

As of July 2023

WELCOME 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

Peggy Bailey

Baird & Warner License #475142768 Listed on: 06/07/2023

Baird & Warner

Last Buyer's Agent

Jennifer Servi

Keller Williams North Shore West License #475152085

Keller Williams North Shore West

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,229

Year Built

Built in 1986

Lot Details

0

HOA Fees

$2 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Paddock Estates
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Owned
  • Basement: Full
  • Accessibility Features: Bath Grab Bars
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Dining Combo
  • LivingArea: 2652
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Deck, Office
  • Estimated Total Finished Sq Ft: 2652
  • Assessed Sq Ft: 2100
  • Basement Description: Unfinished,Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2652
  • Basement Sq Ft: 2100
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 4752
  • Unfinished Basement Sq Ft: 2100
  • Main Level Sq Ft: 2652
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 459900
  • Lot Features: Fenced Yard, Horses Allowed, Paddock, Level, Wood Fence
  • OtherStructures: Barn(s), Shed(s), Stable(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt,Gravel
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Community Features: Horse-Riding Area, Horse-Riding Trails, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Lot Size Acres: 2.45
  • Lot Dimensions: 187.4X11.4X362.8X299.6X354.3
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8229
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

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
$517,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,571
Avg. Annual Appreciation
4.70%
Original Mortgage
$373,600
Outstanding Balance
$365,422
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$152,149

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
Source: Public Records

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
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 M $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11802101

Midwest Real Estate Data (MRED)

APN: 05-19-427-002