NOT LISTED FOR SALE

Estimated Value: $377,000 - $509,000

0.75 Acre
$571,513 Price per Acre
32,670 Sq Ft Lot

Last Sold April 13, 2023

Last sale price $219,800

Est. 106% increase in value since last sale

Current estimated payment $3,023/month

74 Days on Market

About This Lot

As of April 2023

What if you could do it in a Prestigious Subdivision, Gated Community on a 3/4 acre lot. You can have it all including architectural plans. Surrounded by multi-million dollar homes this private wooded hillside lot is the perfect location. This subdivision is close to RT 83 which allows easy access to expressways, shopping centers, restaurants, golf courses and nature preserves. Schedule your showing to see location and the subdivision. Topography, zoning, building, and health checks have been done by the current architect.

Last Agent to Sell the Property

Sandy Ortiz-Ramirez

Better Homes and Gardens License #475163090 Listed on: 01/18/2023

Better Homes and Gardens

Last Buyer's Agent

Sharon Rizzo

RE/MAX Premier Luxury Collection License #471014385

RE/MAX Premier Luxury Collection

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,083

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 196x214x102x237

Utilities

  • Gas Available at Street

Community Details

Overview

  • Falling Water Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$3,083

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple w/ HO Assn.
  • Current Use: Estate, Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Falling Water
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: Other
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.75
  • Lot Dimensions: 196X214X102X237
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 5

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 3083.16
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Lvm Irrevocable Trust and Mohindra Hirsh
Bought by
Elayyan Zarifa
Current Estimated Value
$453,367

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 16, 2020
Sold by
Lily Pond Llc V Series
Bought by
Alkhawam Hisham and Alsafweh Nihad
Seller's Agent
Luz Aristizabal
Baird & Warner
Buyer's Agent
Alice Luke
Baird & Warner
List Price
$199,000
Sold Price
$155,000
Premium/Discount to List
-$44,000
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.52%

Purchase Details

Closed on
Aug 8, 2006
Sold by
Exclusive Development Inc
Bought by
Sheikh Salamat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2005
Sold by
Zhao Dun Guo and Niu Jin Ping
Bought by
Exclusive Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2004
Sold by
City Of Burr Ridge
Bought by
Zhao Dun Guo and Niu Jin Ping

Purchase Details

Closed on
Jul 30, 2003
Sold by
Sulit Reynaldo C and Sulit Dalisay A
Bought by
Kinder Virgil D and Kinder Crystal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Sulit Reynaldo C and Sulit Dalisay A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Elayyan Zarifa $350,000 Greater Illinois Title
Alkhawam Hisham $155,000 Freedom Title Corporation
Sheikh Salamat $600,000 First American
Exclusive Development Inc $540,000 First American Title
Zhao Dun Guo $377,500 Ticor Title
Kinder Virgil D $335,000 Git
Sulit Reynaldo C $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheikh Salamat $450,000
Previous Owner Exclusive Development Inc $432,000
Previous Owner Kinder Virgil D $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2023 04/13/23 Sold $219,800 0.0% --
04/03/2023 04/03/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $219,800 +41.8% --
07/16/2020 07/16/20 Sold $155,000 -22.1% -- View Prior Sale
06/23/2020 06/23/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $199,000 -- --
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 $7,760 $129,513 $129,513 --
2023 $7,494 $119,060 $119,060 $0
2022 $3,213 $52,260 $52,260 $0
2021 $3,083 $51,670 $51,670 $0
2020 $4,145 $69,130 $69,130 $0
2019 $3,989 $66,330 $66,330 $0
2018 $4,607 $79,660 $79,660 $0
2017 $6,656 $111,400 $111,400 $0
2016 $6,509 $106,320 $106,320 $0
2015 $7,425 $114,080 $114,080 $0
2014 $7,337 $110,920 $110,920 $0
2013 $7,101 $110,400 $110,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11702779

Midwest Real Estate Data (MRED)

APN: 10-11-207-007