NOT LISTED FOR SALE

1441 S Summit Ave Villa Park, IL 60181

Estimated Value: $796,000 - $853,000

5 Beds
4 Baths
3,611 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $730,000 $202 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,379/month

41 Days on Market

Highlights

  • Formal Dining Room
  • John E Albright Middle School Rated 9+
  • 3 Car Attached Garage

About This Home

As of June 2024

Welcome to your dream home in the heart of the highly coveted Villa Park neighbourhood! This professionally renovated single-family house built in 2006, boasts 5 bedrooms and 4 full baths, spanning 3611 square feet on a generous 0.45-acre lot. The allure begins at the curb with an attached 3-car garage, leading you into a meticulously designed interior. The first floor features a convenient bedroom and full bathroom, ideal for guests or a home office. Revel in the gleaming oak hardwood floors and the luxurious touch of brand-new carpets adorning four rooms. Immerse yourself in the ambient glow of new lights and relish the upgraded amenities, including a new washer dryer. Experience the epitome of modern living in a freshly painted residence, complemented by a partially complete, expansive basement boasting a full bathroom. The side and back patios have been transformed with charming brick pavements, offering a perfect blend of aesthetics and functionality. This home ensures year-round comfort with two separate heating and cooling units. Enjoy the convenience of living near various shopping and dining destinations, making every day a delightful experience. Don't miss the opportunity to call this home your own.

Last Agent to Sell the Property

Kiran Ghaniwala

KMS Realty, Inc. License #475178127 Listed on: 03/22/2024

Last Buyer's Agent

Vadym Zakharuk

eXp Realty License #475199402

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,761

Year Built

  • Built in 2006 | Remodeled in 2023

Lot Details

  • 0.45

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,611 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

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

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,761

Year Built

Built in 2006 | Remodeled in 2023

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • LivingArea: 3611
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 19608
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10761
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 30, 2024
Sold by
Ghaniwala Mohammed Hanif and Ghaniwala Yasmin Hanif
Bought by
Mohammed Muneeb Faraz and Aleem Fatima Neha
Seller's Agent
Kiran Ghaniwala
KMS Realty, Inc.
Buyer's Agent
Vadym Zakharuk
eXp Realty
List Price
$792,000
Sold Price
$730,000
Premium/Discount to List
-$62,000
-7.83%
Views
171
Current Estimated Value
$828,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,904
Avg. Annual Appreciation
9.50%
Original Mortgage
$584,000
Outstanding Balance
$576,703
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$252,201

Purchase Details

Closed on
Jun 23, 2023
Sold by
Sheriff Of Dupage County
Bought by
Mohammed Hanif Ghaniwala Revocable Trust and Yasmin Hanif Ghaniwala Revocable Trust

Purchase Details

Closed on
Dec 20, 2005
Sold by
Dome Designers Inc
Bought by
Hussain K Mansoor and Hussain Tazeeh
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
Mohammed Muneeb Faraz $730,000 None Listed On Document
Mohammed Hanif Ghaniwala Revocable Trust $512,500 None Listed On Document
Hussain K Mansoor -- Regent Title Ins Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammed Muneeb Faraz $584,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $730,000 -5.2% $202 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/16/2024 04/16/24 Price Changed $769,900 -2.8% $213 / Sq Ft
03/22/2024 03/22/24 For Sale $792,000 -- $219 / 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 $12,482 $221,525 $63,013 $158,512
2023 $11,192 $204,850 $58,270 $146,580
2022 $10,761 $196,910 $56,010 $140,900
2021 $10,726 $192,020 $54,620 $137,400
2020 $10,506 $187,810 $53,420 $134,390
2019 $9,981 $178,560 $50,790 $127,770
2018 $9,854 $167,350 $47,600 $119,750
2017 $9,657 $159,470 $45,360 $114,110
2016 $8,927 $150,230 $42,730 $107,500
2015 $8,819 $139,960 $39,810 $100,150
2014 $7,486 $118,430 $40,730 $77,700
2013 $7,013 $120,090 $41,300 $78,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12010372

Midwest Real Estate Data (MRED)

APN: 06-15-306-041