7202 Paulson DriveMarengo, IL 60152

Description

BEAT THE BANK! Buy This Home at a potential 5.1%* interest rate. Don't let a 7.1% interest rate keep you from your dream home. The sellers of this beautifully renovated, move-in-ready private retreat are offering up to a $12,500 buyer credit to fund a 2-1 Interest Rate Buydown! What Does This Mean For Your Monthly Payment? Instead of paying today's high rates, you get a massive discount for your first two years in the home: Year 1 Potential Rate: 5.10%, Year 2 Potential Rate: 6.10%, & Years 3+ Potential Rate: 7.10%. Enjoy a Private Retreat Reimagined with a complete 2024 renovation. This home offers the perfect blend of luxury and flexibility. New furnaces and A/C systems (2024), stainless steel appliances (2024-2025), fresh interior/exterior paint, and a new water filtration system (2026). A highly sought-after primary suite with a spa-inspired bath, plus a first-floor laundry room and an additional flex space with new French doors. Enjoy Multi-Generational Potential with a fully finished English basement featuring two bedrooms, a second kitchen, a large family room, and private exterior access. Outdoor Living is Set on 1.06 acres on a quiet, low-traffic street, featuring a newly refreshed deck (2024), screened porch, and fire pit. The 3.5-car heated attached garage with a brand new epoxy floor (2025) & is a car enthusiast's dream! Stop shopping for interest rates and start living in luxury. Ask your lender about the 2-1 Buydown today! ***( The 2-1 Buydown is a buyer credit of up to $12,500 applied at closing to temporarily reduce the buyer's interest rate. Buyer must qualify for the standard mortgage rate with their lender. Estimates are based on a $649,000 purchase price with 20% down and a baseline 7.1% rate; actual rates and terms will vary based on the buyer's credit, qualifications, and lender.)***

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

2000

Living area

4,476 Sq Ft

Lot size

1.06 acres

Lot dimensions

1.06

Garage spaces

3.5

Parking spaces

3.5

Ownership

Fee Simple

Days on market

7

MLS^® Listing#

12763608

Property Features

Interior

Central Vacuum · Cathedral Ceiling(s) · Dry Bar · In-Law Floorplan · Built-in Features · Walk-In Closet(s)

Exterior

Fire Pit

Appliances

Water Softener · Range · Microwave · Dishwasher · Refrigerator · Washer · Dryer · Stainless Steel Appliance(s) · Wine Refrigerator · Oven · Humidifier

Cooling

Ceiling Fan(s) · Central Air · Zoned

Heating

Natural Gas · Forced Air

Flooring

Hardwood

Fireplace

Living Room · Wood Burning · Gas Starter

Basement

Sump Pump · Finished · Exterior Entry · Full · Daylight

Parking

Garage Door Opener · Heated Garage · Attached · Garage

Laundry

Main Level · Gas Dryer Hookup

Patio

Screened · Deck · Porch

Fencing

Invisible

Construction

Brick · Cedar

Windows

Screens

Other structures

Shed(s)

Sewer

Septic Tank

Water source

Well

Rooms

Schools

High

Marengo High School

District

Marengo High School

Financial Details

HOA

$60 / Annually

Annual taxes

$11,512Tax year 2025

Parcel number

1602452001

Directions

Route 23 to Ratfield Rd West to Paulson Dr South