NOT LISTED FOR SALE

1040 55th St Downers Grove, IL 60515

Estimated Value: $255,000 - $378,000

2 Beds
1 Bath
750 Sq Ft
$425/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $136,500 $182 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,079/month

68 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Forced Air Heating System
  • Hillcrest Elementary School Rated A-

About This Home

As of January 2019

Approved short sale. Roof and furnace are only 7 years old. Bring your ideas and rehab skills. Lots of potential at this approved price. Short sale lender will not accept any less then present negotiated list price.

Last Agent to Sell the Property

Nafis Noorali

AAA Real Estate License #475164829 Listed on: 09/12/2018

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,670

Year Built

  • 1939

Lot Details

  • 8,712

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,670

Year Built

1939

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1939
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 11X11, On Level: Main Level
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X11, On Level: Main Level
  • Kitchen Type: Dimensions: 11X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level
  • Estimated Sq Ft: 750

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Acreage: 0.2049

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 99
  • Elementary School: Hillcrest Elementary School
  • Middle School: Hillcrest Elementary School
  • High School: North High School
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 75X119
  • Parcel Identification Number: 0908320006

Tax Info

  • Taxes: 4262.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2019
Sold by
Hormanski Anthony
Bought by
Bmtr Holdings Llc
Current Estimated Value
$318,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Outstanding Balance
$210,722
Interest Rate
1.84%
Mortgage Type
Small Business Administration
Estimated Equity
$92,898

Purchase Details

Listed on
Sep 12, 2018
Closed on
Jan 30, 2019
Sold by
Mendoza Dolores Marie
Bought by
Hormanski Anthony
Seller's Agent
Nafis Noorali
AAA Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$140,000
Sold Price
$136,500
Premium/Discount to List
-$3,500
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Bmtr Holdings Llc -- Attorney
Hormanski Anthony $136,500 Stewart Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $136,500 -2.5% $182 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $140,000 0.0% $187 / Sq Ft
11/16/2018 11/16/18 Price Changed $140,000 +2.6% $187 / Sq Ft
09/12/2018 09/12/18 Off Market $136,500 -- --
09/12/2018 09/12/18 For Sale $155,000 -- $207 / 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 $4,670 $81,574 $72,154 $9,420
2023 $4,458 $74,990 $66,330 $8,660
2022 $4,413 $74,990 $62,810 $12,180
2021 $2,360 $48,330 $47,190 $1,140
2020 $2,312 $47,380 $46,260 $1,120
2019 $1,946 $45,460 $44,390 $1,070
2018 $4,529 $90,240 $58,070 $32,170
2017 $4,369 $86,840 $55,880 $30,960
2016 $4,263 $82,880 $53,330 $29,550
2015 $4,477 $82,580 $53,130 $29,450
2014 $4,240 $76,780 $46,960 $29,820
2013 $4,152 $76,420 $46,740 $29,680
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nafis Noorali

    AAA Real Estate

    (630) 675-8085

    36 Total Sales

    Nafis Noorali
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    NON MEMBER

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10080092

Midwest Real Estate Data (MRED)

APN: 09-08-320-006

Illinois DuPage County Downers Grove 60515

1040 55th St, Downers Grove, IL

This home is located at 1040 55th St, Downers Grove, IL 60515 since 12 September 2018 and is currently estimated at $318,634, approximately $424 per square foot. This property was built in 1939. 1040 55th St is a home located in DuPage County with nearby schools including Hillcrest Elementary School, Herrick Middle School, and Downer Grove North High School.

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