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Will 60449
7534 W Pennington Lane
$725,000
● House - Off Market

7534 W Pennington Lane

Monee, IL 60449
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,112 Ft²
$4,431
Est. Monthly
$63
HOA / Fees
4.35%
Cap Rate

About This Property

Welcome to this magnificent two-story home located in the highly sought-after Canterbury Lakes subdivision. This meticulously maintained BEAUTY situated on a premium private lot backing to a serene walking trail and overlooking a tranquil pond, this stunning 5-bedroom, 4.1-bath residence offers over 5,000 square feet of beautifully finished living space, thoughtfully designed for luxury, comfort, and entertaining. From the moment you arrive, you're welcomed by a grand entry featuring a wide, curved oak staircase and an expansive foyer with soaring ceilings. Oversized windows flood the space with natural light, creating a bright and open atmosphere throughout. The main level showcases gleaming hardwood floors, a spacious kitchen with a large center island, walk-in pantry, and an elegant octagon-shaped breakfast area. A formal dining room, private office, and a large family room with fireplace all contribute to the home's refined yet comfortable feel. Upstairs, hardwood floors continue through the hallways with a catwalk overlooking the main level that leads to four generously sized bedrooms. The luxurious primary suite is a private retreat featuring a whirlpool tub, separate shower, and walk-in custom closet. Another spacious private ensuite bedroom offers comfort and privacy, and two additional bright bedrooms that include oversized custom closets, providing ample storage and space for all. The fully finished basement is designed for entertaining, complete with a home theater, game room, custom mahogany bar, and an additional bedroom with full bath-perfect for guests or extended family. The backyard is a true oasis! Professionally landscaped with eye-catching design surround this BEAUTY. The backyard is a true oasis featuring a huge yard, custom brick patio, and breathtaking, uninterrupted views of the surrounding woods and pond. Outdoor amenities include a built-in kitchen with gas grill, bar seating, pergola, hot tub, firepit, and a brand-new retractable lighted awning-ideal for entertaining or simply relaxing in a private, serene setting. Located on a quiet, private lot with direct access to walking trails, this home is part of a community known for its scenic lakes, bike paths, and nature walks-all with the added benefit of low property taxes. This is a rare opportunity to own a truly exceptional home in one of the area's most desirable neighborhoods. Schedule your private showing today.
Unit Size
5,112 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$142
Property Type
House
Property Taxes
$808
HOA Dues
$63
Year Built
2004

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANTERBURY LAKES
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 8 IN CANTERBURY LAKES PHASE 5, A PUD BEING A SUB OF PART OF THE NE 1/4 OF SEC. 24, T34N-R12E.

Neighborhood

  • School District Name: Peotone Community Unit School District 207U
  • Census Tract: 883507

Geography

  • Subdivision Phase Number: 5
  • Parcel: 18-13-24-205-009
  • Lot: 8
  • Meridian: SEC 24 TWN 34N RNG 12E
  • Municipality: GREEN GARDEN
  • Latitude: 41.4244
  • Longitude: -87.7958

    Address

  • Full Address: 7534 W Pennington Ln
  • Address - House Number: 7534
  • Street Direction: W
  • Address - Street Name: Pennington
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Monee
  • Carrier Code: R003
  • 4-Digit Zip Code: 1602
  • Zip Code: 60449

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $919,192
  • Tax Rate Code Area: 1804

    Appraisal Valuation

  • Standard Deviation: 0.1506
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 641,904
  • High Value: 738,594
  • Low Value: 545,214

    Market Valuation

  • Market Total Value: $481,614
  • Market Land Value: $138,111
  • Market Improvement Value: $343,503

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $160,538
  • Assessed Land Value: $46,037
  • Assessed Improvements Value: $114,501

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 07, 2016
  • Current Sale Recording Date: Apr 27, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016030554
  • Previous Sale Recording Date: May 06, 2011
  • Previous Sale Contract Date: Apr 18, 2011
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 7534 West Pennington Lane built and last sold?
The property at 7534 West Pennington Lane was built in 2004 and last sold on Apr 7, 2016 for $429,000.
How much is this home worth?
The estimated value of the home located at 7534 West Pennington Lane is $747,632.
What are some comparable homes to 7534 West Pennington Lane?
There are currently no comparable homes to 7534 West Pennington Lane.

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