NOT LISTED FOR SALE

0S680 Summit Ave Oakbrook Terrace, IL 60181

Estimated Value: $392,000 - $460,000

4 Beds
2 Baths
1,873 Sq Ft
$221/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $305,000 $163 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,557/month

1 Day on Market

Highlights

  • Deck
  • 1.5-Story Property
  • Laundry in multiple locations
  • John E Albright Middle School Rated 9+
  • 2 Car Detached Garage
  • Central Air

About This Home

As of January 2024

Great opportunity to live in the desirable Village of Villa Park. This is a 4 bedroom farm style house with two bedrooms on the main floor and two bedrooms on the upper level. Hardwood floors throughout the first floor. Plenty of storage and closet space on the main floor. Home has been lovingly cared for but needs updating and is being conveyed AS-IS. Large yard with a beautiful deck...perfect for entertaining. The basement is unfinished and the full bathroom downstairs needs updating. Close to Oakbrook Center, major expressways, dining, schools, and fantastic surrounding communities.

Last Agent to Sell the Property

Daniel Lopez

Real People Realty License #475176532 Listed on: 01/03/2024

Real People Realty

Last Buyer's Agent

Tom Cunningham

Baird & Warner License #475183699

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,008

Year Built

  • Built in 1941

Lot Details

  • 0.5

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • 1.5-Story Property
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,873 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Unfinished Attic
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Unfinished Basement

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

Schools

  • Salt Creek Elementary School
  • John E Albright Middle School
  • Willowbrook High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Community Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Additional Features

  • Deck
  • 0.5 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,008

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1941
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Washer, Dryer, Water Softener
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1873
  • Other Equipment: Water-Softener Owned, Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 320000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Multiple Locations
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Salt Creek Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: John E Albright Middle School
  • Middle/Junior School District: 48

Lot Info

  • Lot Size Acres: 0.5
  • Lot Dimensions: 1873
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4008
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Jan 25, 2024
Sold by
Pederson Steven B and Pederson Terry S
Bought by
Larson Robert and Lind Samantha
Seller's Agent
Daniel Lopez
Real People Realty
Buyer's Agent
Tom Cunningham
Baird & Warner
List Price
$320,000
Sold Price
$305,000
Premium/Discount to List
-$15,000
-4.69%
Views
727
Current Estimated Value
$414,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,702
Avg. Annual Appreciation
19.31%
Original Mortgage
$295,850
Outstanding Balance
$290,881
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$123,821
Source: Public Records

Range of Values:

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Average Value
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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
Larson Robert $305,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Robert $295,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2024 01/30/24 Sold $305,000 -4.7% $163 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $320,000 -- $171 / 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 $4,642 $106,085 $59,066 $47,019
2023 $4,150 $98,100 $54,620 $43,480
2022 $4,008 $94,300 $52,500 $41,800
2021 $4,047 $91,950 $51,190 $40,760
2020 $3,955 $89,940 $50,070 $39,870
2019 $3,782 $85,510 $47,600 $37,910
2018 $3,647 $80,140 $44,610 $35,530
2017 $3,562 $76,370 $42,510 $33,860
2016 $3,595 $71,950 $40,050 $31,900
2015 $3,503 $67,030 $37,310 $29,720
2014 $3,949 $72,890 $40,730 $32,160
2013 $3,753 $73,910 $41,300 $32,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11954684

Midwest Real Estate Data (MRED)

APN: 06-15-305-011