NOT LISTED FOR SALE

1127 S Summit Ave Villa Park, IL 60181

Estimated Value: $424,729 - $496,000

3 Beds
3 Baths
3,286 Sq Ft
$137/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $315,000 $96 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,913/month

15 Days on Market

Highlights

  • Family Room with Fireplace
  • Attached Garage
  • Combination Dining and Living Room
  • John E Albright Middle School Rated 9+
  • 1-Story Property
  • Senior Tax Exemptions

About This Home

As of February 2022

Really nice and spacious RANCH - All Brick - 3 Bedroom, 2 1/2 Bath - Full finished Basement plus 2 car attached garage! - Very well kept home, with a few updates this could be your perfect place! - Entering the Foyer, you are greeted to a sunlit Living and Dining area, large Kitchen/Breakfast room with plenty of counter and cabinet space. The inviting Family Room features a coffered ceiling and fireplace. Nice sized bedrooms including a master ensuite - Holidays and entertaining are an ease with the flowing layout of this immaculately kept home - The fully finished Basement includes a Bar, Bath, Area for possible 2nd Kitchen, a Workshop, and Storage Room, and more - Newer Roof - Estate Sale selling as-is

Last Agent to Sell the Property

Michele Furlong

Baird & Warner License #475163606 Listed on: 12/18/2021

Baird & Warner

Last Buyer's Agent

Tim Schiller

@properties Christie's International Real Estate License #475127707

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,438

Year Built

  • 1974

Lot Details

  • 0.26

Parking

  • Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,286 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,438

Year Built

1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Architectural Style: Ranch
  • Directions: Roosevelt Rd. to S. Summit Ave. (north) to home
  • Lot Size: 126X145X17X43X120
  • Master Model: RANCH
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Terry Kayes
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop
  • Has Basement: Full
  • Fireplace Features: Gas Starter
  • Estimated Total Finished Sq Ft: 3286
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 3286
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1643
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath
  • Dining Room Type: Breakfast Room, Recreation Room, Workshop, Foyer, Utility Room-Lower Level, Storage, Other Room

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 88

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 3485.78
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Feb 8, 2022
Sold by
Bounardj James S and Bounardj Jennie R
Bought by
Swanson Laura
Seller's Agent
Michele Furlong
Baird & Warner
Buyer's Agent
Tim Schiller
@properties Christie's International Real Estate
Sold Price
$315,000
Current Estimated Value
$451,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,682
Avg. Annual Appreciation
10.20%
Original Mortgage
$252,000
Outstanding Balance
$234,561
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$217,121

Purchase Details

Closed on
Dec 16, 2004
Sold by
Bounardj James S and Bounardj Jennie L
Bought by
Bounardi James S and Bounardi Jennie L

Purchase Details

Closed on
Oct 10, 1996
Sold by
Bounardj James S and Bounardj Jennie L
Bought by
Bounardj James S and Bounardj Jennie L
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
Swanson Laura $315,000 Fidelity National Title
Bounardi James S -- --
Bounardj James S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Laura $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $315,000 -7.1% $96 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/28/2021 12/28/21 For Sale -- -- --
12/20/2021 12/20/21 Pending -- -- --
12/18/2021 12/18/21 For Sale $339,000 -- $103 / 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 $6,438 $118,132 $43,321 $74,811
2023 $5,756 $109,240 $40,060 $69,180
2022 $5,298 $105,000 $38,500 $66,500
2021 $3,478 $128,310 $37,540 $90,770
2020 $3,486 $125,500 $36,720 $88,780
2019 $3,489 $119,320 $34,910 $84,410
2018 $6,158 $111,830 $32,720 $79,110
2017 $3,795 $106,570 $31,180 $75,390
2016 $5,533 $100,390 $29,370 $71,020
2015 $3,971 $93,520 $27,360 $66,160
2014 $4,768 $82,620 $35,210 $47,410
2013 $4,474 $83,790 $35,710 $48,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11283951

Midwest Real Estate Data (MRED)

APN: 06-15-119-014