NOT LISTED FOR SALE

869 Somerset Ct New Lenox, IL 60451

Estimated Value: $606,000 - $673,000

4 Beds
4 Baths
3,916 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $585,000 $149 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,547/month

18 Days on Market

Highlights

  • Waterfront
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Lincoln-Way Central High School Rated A

About This Home

As of November 2023

This better than new home is IMMACULATE! Just built in 2018 on a prime waterfront lot. Some highlights: 4 over-sized bedrooms, upgraded open kitchen with 6 foot island, separate dining, built-in office/homework nook, tasteful lighting/hardware selections throughout, recently FINISHED walk-out basement with added half bath and an attached 3 car garage with custom storage. 2nd floor laundry room + loft space. Outdoor space includes a walk-out patio and a beautifully built custom deck for sunset viewing. Professional landscaping including 10 large trees, flowers, sod.

Last Agent to Sell the Property

Robin Phelps

@properties Christie's International Real Estate License #475154106 Listed on: 09/05/2023

@properties Christie's International Real Estate

Co-Listed By

Amber Kardosh

@properties Christie's International Real Estate License #475166467

Last Buyer's Agent

John Rolla

HomeSmart Realty Group License #471009197

HomeSmart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,975

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 153x65
  • Waterfront

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 3,916 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,975

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2018
  • Age: 1-5 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): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • LivingArea: 3916
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 599000
  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 122

Lot Info

  • Lot Dimensions: 153X65
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11975
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 20, 2023
Sold by
Michael P Downey P and Michael Laura M
Bought by
Wilson Nathan and Fenton Amy
Seller's Agent
Robin Phelps
@properties Christie's International Real Estate
Buyer's Agent
John Rolla
HomeSmart Realty Group
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Views
5
Current Estimated Value
$648,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,518
Avg. Annual Appreciation
5.70%
Original Mortgage
$555,750
Outstanding Balance
$547,765
Interest Rate
8.5%
Mortgage Type
New Conventional
Estimated Equity
$100,753

Purchase Details

Closed on
Nov 22, 2021
Sold by
Downey Michael P and Downey Laura M
Bought by
Downey Laura M and Downey Michael P

Purchase Details

Closed on
Mar 9, 2021
Sold by
Phelps Laura M and Downey Michael P
Bought by
Downey Michael P and Downey Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,500
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2018
Sold by
Chicago Title Land Trust Company
Bought by
Downey Michael P and Phelps Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Wilson Nathan $585,000 None Listed On Document
Downey Laura M -- None Available
Downey Michael P -- Ravenswood Title
Downey Michael P $392,417 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Nathan $555,750
Previous Owner Downey Michael P $302,500
Previous Owner Downey Michael P $313,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $585,000 -2.3% $149 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $599,000 -- $153 / 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 $13,305 $171,950 $36,393 $135,557
2023 $13,305 $156,746 $33,175 $123,571
2022 $12,795 $144,400 $30,562 $113,838
2021 $11,376 $135,804 $28,743 $107,061
2020 $11,057 $130,958 $27,717 $103,241
2019 $10,587 $126,898 $26,858 $100,040
2018 $4,786 $57,459 $34 $57,425
2017 $0 $33 $33 $0
2016 $0 $33 $33 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11877405

Midwest Real Estate Data (MRED)

APN: 15-08-23-412-025