NOT LISTED FOR SALE

1140 W Gramercy Ln Addison, IL 60101

Estimated Value: $427,000 - $525,000

3 Beds
3 Baths
2,633 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $355,000 $135 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,513/month

8 Days on Market

Highlights

  • Recreation Room
  • Home Office
  • Breakfast Bar
  • Heated Sun or Florida Room
  • Attached Garage
  • Patio

About This Home

As of October 2018

A true family-sized home ~ Idyllically set on an interior cul-de-sac ~ Vaulted ceilings ~ Heated Florida room adjacent to family room ~ Finished sub-basement ~ Windows and siding replaced in 2013 ~ Furnace replace in 2010 ~ The private, treed backyard boasts a large patio and shed~

Last Agent to Sell the Property

Rita Neri

RE/MAX Premier License #471014047 Listed on: 08/23/2018

RE/MAX  Premier

Last Buyer's Agent

Rita Neri

RE/MAX Premier License #471014047 Listed on: 08/23/2018

RE/MAX  Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,853

Year Built

  • 1973

Lot Details

  • 0.28

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Dry Bar
  • Home Office
  • Recreation Room
  • Heated Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sub-Basement

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,853

Year Built

1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2631
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1973
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Interior Property Features: Bar-Dry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 24X13, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Equipment: Central Vacuum, CO Detectors, Sump Pump, Power Generator
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished, Sub-Basement
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X8, On Level: Basement
  • Dining Room: Dimensions: 12X11, On Level: Main Level
  • Kitchen Type: Dimensions: 18X13, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: Office, Recreation Room, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 17X14, On Level: 2nd Level
  • Additional Room 1 Name: Office, Dimensions: 13X9, On Level: Basement
  • Additional Room 2 Name: Recreation Rm, Dimensions: 22X15, On Level: Basement
  • Bedroom 2: Dimensions: 14X14, On Level: 2nd Level
  • Additional Room 3 Name: Sun/Florida Room Heated, Dimensions: 17X12, On Level: Lower
  • Bedroom 3: Dimensions: 15X11, On Level: 2nd Level
  • Estimated Sq Ft: 2633
  • Estimated Total Finished Sq Ft: 3407
  • Basement Finished Sq Ft: 776
  • Lower Level Sq Ft: 802
  • Main Level Sq Ft: 776
  • Upper Level Sq Ft: 1053
  • Dining Room Type: Separate
  • Family Room: Dimensions: 25X19, On Level: Lower

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Patio
  • Acreage: 0.2871

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1929

Schools

  • School District: 88
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 12507
  • Parcel Identification Number: 0329102028

Tax Info

  • Taxes: 8945.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Sep 27, 2018
Sold by
Jordan Edward H and Jordan Jean D
Bought by
Palmisano John and Palmisano Maria
Seller's Agent
Rita Neri
RE/MAX Premier
Buyer's Agent
Rita Neri
RE/MAX Premier
List Price
$359,900
Sold Price
$355,000
Premium/Discount to List
-$4,900
-1.36%
Current Estimated Value
$484,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,972
Avg. Annual Appreciation
4.07%
Original Mortgage
$348,570
Outstanding Balance
$313,976
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$150,026

Purchase Details

Closed on
Jul 16, 2007
Sold by
Jordan Edward H and Jordan Jean D
Bought by
Jordan Edward H and Jordan Jean D
Source: Public Records

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Range of Values:

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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
Palmisano John $355,000 Greater Illinois Title
Jordan Edward H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmisano John $103,159
Closed Palmisano John $103,159
Open Palmisano John $348,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $355,000 -1.4% $135 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $359,900 -- $137 / 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
2023 $9,853 $141,850 $44,120 $97,730
2022 $9,953 $141,140 $43,900 $97,240
2021 $9,542 $135,190 $42,050 $93,140
2020 $9,288 $129,490 $40,280 $89,210
2019 $9,228 $124,510 $38,730 $85,780
2018 $9,601 $124,270 $37,600 $86,670
2017 $8,945 $118,770 $35,940 $82,830
2016 $8,682 $109,650 $33,180 $76,470
2015 $8,440 $101,290 $30,650 $70,640
2014 $8,298 $94,190 $25,280 $68,910
2013 $8,127 $96,120 $25,800 $70,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10060426

Midwest Real Estate Data (MRED)

APN: 03-29-102-028