NOT LISTED FOR SALE

1248 55th St Downers Grove, IL 60515

Estimated Value: $332,000 - $364,185

2 Beds
1 Bath
784 Sq Ft
$445/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $219,000 $279 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,216/month

69 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • Cottage
  • Hillcrest Elementary School Rated A-
  • Main Floor Bedroom
  • Breakfast Room

About This Home

As of October 2020

Charming cottage home is so delightful and welcoming. Enjoy hardwood floors and natural light flow throughout. Come home to a cozy living room with a wood burning fireplace. Two bedrooms and a fully renovated bathroom with glass shower doors. Master bedroom faces the backyard and has a walk-in closet. The second bedroom has wall to wall windows and makes a great office. Cute eat-in kitchen has room for a table and a pantry for extra storage. Enjoy the great outdoor space with a fully fenced in spacious backyard which has a patio for entertaining. Concrete driveway leads to a 1 car garage with extra storage space. Great starter home or for someone looking to downsize.

Last Agent to Sell the Property

Laura Garcia

Compass License #475146684 Listed on: 06/19/2020

Compass

Last Buyer's Agent

Sam Gersman

Karges Realty License #475175585

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,397

Year Built

  • 1928

Lot Details

  • Fenced Yard
  • Mature Trees

Parking

  • Detached Garage
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cottage
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Breakfast Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $6,570 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,397

Year Built

1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cottage
  • Type Detached: 1 Story
  • Estimated Year Built: 1928
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen
  • Attic: Unfinished
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Unfinished, Crawl
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Breakfast Room
  • Master Bedroom: Dimensions: 16X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 8X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 784

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.14

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 50X125
  • Lot Description: Fenced Yard, Mature Trees
  • Parcel Identification Number: 0907409032

Tax Info

  • Taxes: 3576

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Oct 6, 2020
Sold by
Perry Ruth Ann
Bought by
Egan Kelly E
Seller's Agent
Laura Garcia
Compass
Buyer's Agent
Sam Gersman
Karges Realty
List Price
$229,000
Sold Price
$219,000
Premium/Discount to List
-$10,000
-4.37%
Current Estimated Value
$349,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,046
Avg. Annual Appreciation
10.54%
Original Mortgage
$212,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Hanlon Nicholas J
Bought by
Perry Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,214
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2005
Sold by
Reiners Stephen J and Fallian Annette
Bought by
Hanlon Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2002
Sold by
Engberg Donald F and Engberg Julie A
Bought by
Reiners Stephen J and Fallian Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,100
Interest Rate
6.25%

Purchase Details

Closed on
May 10, 2001
Sold by
Scott James H and Scott Giuliana
Bought by
Engberg Donald F and Engberg Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.23%
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
Egan Kelly E $219,000 Chicago Title
Perry Ruth Ann $209,000 Ctic
Hanlon Nicholas J $215,000 Multiple
Reiners Stephen J $178,000 First American Title
Engberg Donald F $139,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Egan Kelly E $212,000
Previous Owner Perry Ruth Ann $205,214
Previous Owner Hanlon Nicholas J $182,750
Previous Owner Reiners Stephen J $169,100
Previous Owner Engberg Donald F $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $219,000 0.0% $279 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
07/15/2020 07/15/20 Price Changed $219,000 -4.4% $279 / Sq Ft
06/19/2020 06/19/20 For Sale $229,000 -- $292 / 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 $4,397 $84,794 $52,106 $32,688
2023 $4,158 $77,950 $47,900 $30,050
2022 $3,991 $73,820 $45,360 $28,460
2021 $3,734 $72,980 $44,840 $28,140
2020 $3,661 $71,530 $43,950 $27,580
2019 $3,537 $68,630 $42,170 $26,460
2018 $3,615 $69,250 $41,920 $27,330
2017 $3,494 $66,640 $40,340 $26,300
2016 $3,416 $63,600 $38,500 $25,100
2015 $3,367 $59,830 $36,220 $23,610
2014 $3,074 $53,680 $32,020 $21,660
2013 $3,010 $53,430 $31,870 $21,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10747571

Midwest Real Estate Data (MRED)

APN: 09-07-409-032