NOT LISTED FOR SALE

Estimated Value: $881,725 - $912,000

4 Beds
4 Baths
2,918 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 08, 2025

Last sale price $900,000 $308 Per Sq Ft

Current estimated payment $6,142/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Property is near a park
  • Adler Park School Rated A
  • Deck
  • Property is adjacent to nature preserve

About This Home

As of August 2025

Welcome to 1500 Old Peterson Rd - a beautifully updated home on a spacious corner lot in the highly sought-after Timber Creek neighborhood. Perfectly positioned along the scenic preserve with views of nature, woods, and a tranquil pond, this home offers a rare blend of privacy and community. Enjoy the incredible lifestyle Timber Creek is known for - with walking trails, parks, and a strong neighborhood feel just steps from your door. Step inside to an impressive, updated foyer featuring an all-new modern staircase that sets the tone for the rest of the home. The owners have thoughtfully brought this property into the 2020s with stylish finishes and major interior improvements, plus the not so glamorous improvements, including a new roof (2023) with CertainTeed Presidential TL luxury architectural shingles and a 30-year warranty, new garage doors, and a new washer and dryer. The kitchen is the heart of the home, complete with a center island, pantry, eat-in area, and chef-style appliances. Sliding doors open to a redone deck and patio overlooking the serene preserve. The kitchen flows into a spacious family room with 12-foot ceilings, a central fireplace, and new hardwood floors. A bright sunroom is a perfect spot to enjoy your morning coffee or an additional office space. The formal dining room features custom wainscoting and a built-in wine bar with beverage fridge, while the light-filled living room and dedicated office space offer flexible living. A beautifully updated half bath and a spacious 3-car garage complete the main level. Upstairs, the vaulted-ceiling primary suite includes a large walk-in closet, along with three additional bedrooms and a full hall bath. The finished basement adds even more living space with built-ins, a half bath with rough-in for a shower, and ample storage.

Last Agent to Sell the Property

Alicia Blumer

Compass License #475193829 Listed on: 07/09/2025

Compass

Last Buyer's Agent

Sharon Wang

RE/MAX SAWA License #471008216

RE/MAX SAWA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,130

Year Built

  • Built in 1996

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 150x120x 132x116
  • Property is adjacent to nature preserve
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 3 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,918 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bar Fridge
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Heated Sun or Florida Room
  • Unfinished Attic

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a park
  • Property is near a forest

Schools

  • Adler Park Elementary School
  • Highland Middle School
  • Libertyville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Timber Creek Subdivision, Paddington Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,130

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Timber Creek
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Oven, Range Hood, Gas Cooktop, Gas Oven, Humidifier
  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Double Sided, Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Dry Bar, Walk-In Closet(s)
  • LivingArea: 2918
  • Other Equipment: Central Vacuum, TV-Cable, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Office, Recreation Room, Game Room, Heated Sun Room, Foyer
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 4324
  • Bathroom Amenities: Separate Shower,Double Sink,Garden Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Square Footage Comments: Upper Sq Ft: 2918, Above Grade Total Sq Ft: 2918, Finished Basement Sq Ft: 1406, Total Basement Sq Ft: 1406, Aprox. Total Finished Sq Ft: 4324
  • Total Sq Ft: 4324
  • Attic: Unfinished
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick, Cedar
  • Foundation Details: Concrete Perimeter
  • Lot Features: Forest Preserve Adjacent, Nature Preserve Adjacent, Landscaped
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level, Gas Dryer Hookup, In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Adler Park School
  • High School: Libertyville High School
  • Middle/Junior School: Highland Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.41
  • Lot Dimensions: 150X120X 132X116
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 17130
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Aug 1, 2025
Sold by
Alvarez Andrea and Pacini Anthony
Bought by
Bao Zhiyuan and Shen Jie
Seller's Agent
Alicia Blumer
Compass
Buyer's Agent
Sharon Wang
RE/MAX SAWA
List Price
$899,900
Sold Price
$900,000
Premium/Discount to List
$100
0.01%
Views
14
Current Estimated Value
$899,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$319
Avg. Annual Appreciation
-0.09%

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 30, 2019
Sold by
Burke Daniel J and Burke Dianna M
Bought by
Alvarez Andrea and Pacini Anthony
Seller's Agent
Lynn Fairfield
RE/MAX Suburban
Buyer's Agent
Cheryl Henning
@properties Christie's International Real Estate
List Price
$630,000
Sold Price
$625,000
Premium/Discount to List
-$5,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$500,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 1996
Sold by
The Northern Trust Company
Bought by
Burke Daniel J and Burke Dianna N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
8.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bao Zhiyuan $900,000 Proper Title
Alvarez Andrea $625,000 Chicago Title
Burke Daniel J $420,000 --
Burke Daniel J $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Andrea $500,000
Previous Owner Burke Daniel J $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2025 08/08/25 Sold $900,000 0.0% $308 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $899,900 +44.0% $308 / Sq Ft
06/03/2019 06/03/19 Sold $625,000 -0.8% $214 / Sq Ft View Prior Sale
04/09/2019 04/09/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $630,000 -- $216 / 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 $17,130 $234,933 $69,483 $165,450
2023 $15,632 $216,688 $64,087 $152,601
2022 $15,632 $197,413 $61,598 $135,815
2021 $16,570 $212,267 $66,233 $146,034
2020 $15,956 $208,698 $65,119 $143,579
2019 $15,569 $206,714 $64,500 $142,214
2018 $14,656 $200,667 $59,518 $141,149
2017 $14,491 $194,332 $57,639 $136,693
2016 $13,964 $184,254 $54,650 $129,604
2015 $13,839 $172,217 $51,080 $121,137
2014 $14,668 $164,327 $49,396 $114,931
2012 $14,818 $180,167 $54,157 $126,010
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12397540

Midwest Real Estate Data (MRED)

APN: 11-07-208-006