See Home Value
Hinsdale 60521
505 MORRIS Lane
$1,962,577*
House - Off Market

505 MORRIS Lane

Hinsdale, IL 60521
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
6371 Sqft
$1,485,000 - $1,815,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
Sold Aug 11, 2021
$1,520,000
$1,292,000 by The Huntington National Bank
Mortgage Due Sep 01, 2051
Sold Jul 03, 2013
$1,890,000
$1,417,500 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2028

About This Property

Beautiful newer brick Georgian with 6371 SF on all levels on pretty half acre lot near Monroe School and Burns Field. Stunning moldings, wainscoting and cabinetry through the home. Gorgeous large kitchen with top appliances including Subzero refrigerator and Subzero freezer, two dishwashers, double ovens, gas range, large island, and spacious breakfast room filled with light from generous windows. Family room with open design, stone fireplace, custom built cabinetry. Gorgeous office/library with custom cherry cabinetry and bookcases, coffered ceiling and fireplace with marble surround. Impressive quality, five fireplaces, hardwood floors, radiant heat, second floor laundry room. Five bedrooms, all with ensuite baths, master bedroom enjoys marble bath with double vanities, whirlpool, luxury shower with steam, and incredible storage room over garage. Wonderful finished lower level with family/recreation room, impressive bar, wine cellar, media room, workout room and guest suite. Quality appointments throughout home, best mudroom with lockers, cabinets and neat shower for kid's/dog items. Inviting large patio with stone fireplace and built-in grill and outdoor kitchen, 3 car heated attached garage with epoxy floor, pretty yard with cul-de-sac entrance.

The manager has listed the unit size as 6371 square feet.
Unit Size
6,371Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$259
Property Type
House
Property Taxes
$29,415
HOA Dues
-
Year Built
2010

Price History

Date / Event Date Event Price
Aug 11, 2021 Sold to Gaurav Agarwal, Nupur Mittal $1,520,000
Sold to Gaurav Agarwal, Nupur Mittal
May 28, 2021 No longer available -
No longer available
May 9, 2021 Price Decreased $1,650,000
↓ $50K (2.9%)
Price Decreased
Apr 21, 2021 Price Decreased $1,699,900
↓ $50K (2.9%)
Price Decreased
Sep 11, 2020 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 22
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 3
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 2,266
  • Garage Type: Garage
  • Garage Square Area: 701
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 6,371
  • Gross Building Area: 6,371
  • Building Area: 4,105
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,105
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MORRIS 2ND RESUB
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MORRIS 2ND RESUB ALL JOHN MORRIS ASSESSMENT PLAT /EX MORRIS SUB NO 2/ ELY 152.98 FT

Ownership

  • Current Owner : AGARWAL GAURAV
  • Current Owner 2: MITTAL NUPUR
  • Previous Owner : WAELTER KARINA J
  • Previous Owner 2: KARINA J WAELTER TRUST
  • Owner Before Previous Owner: BLUHM MATTHEW
  • Owner Before Previous Owner 2: THE ROCKWELL TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Hinsdale Township High School District 86
  • School Tax School District: HINSDALE
  • Census Tract: 844702

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3086-A7
  • Parcel: 09-02-405-036
  • Lot: 1
  • Municipality: DOWNERS GROVE
  • Latitude: 41.8099
  • Longitude: -87.9376

    Address

  • Full Address: 505 Morris Ln
  • Address - House Number: 505
  • Address - Street Name: Morris
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hinsdale
  • Carrier Code: C014
  • 4-Digit Zip Code: 3115
  • Zip Code: 60521

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,552
  • Tax Rate Code Area: 9059

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 1,704,711
  • High Value: 1,968,451
  • Low Value: 1,440,972

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,404,000
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 11, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,292,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Mar 18, 2022
  • Second Open Lien Mortgage Loan Amount: $112,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 04, 2052

    Market Valuation

  • Market Total Value: $1,537,320
  • Market Land Value: $571,050
  • Market Improvement Value: $966,270

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $512,440
  • Assessed Land Value: $190,350
  • Assessed Improvements Value: $322,090

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11849503586
  • Current Sale Price: $1,520,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2021-121318
  • Previous Sale Recording Date: Jul 03, 2013
  • Previous Sale Contract Date: Jun 27, 2013
  • Previous Sale Amount: $1,890,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Aug 11, 2021
  • First Mortgage Loan Amount: $1,292,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 03, 2013
  • Previous Mortgage Loan Amount: $1,417,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2028



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
3,540 ft²
$423/ft²
$1,499,000 Oct 21, 2022
-
$1,924/mo

About Hinsdale


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Frequently Asked Questions

When was property at 505 Morris Lane built and last sold?
The property at 505 Morris Lane was built in 2010 and last sold on Aug 9, 2021 for $1,520,000.
How much is this home worth?
The estimated value of the home located at 505 Morris Lane is $1,658,474.
What are some comparable homes to 505 Morris Lane?
There are currently no comparable homes to 505 Morris Lane.

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