NOT LISTED FOR SALE

1481 Arrow Wood Ln Downers Grove, IL 60515

Estimated Value: $716,000 - $785,000

5 Beds
2.5 Baths
3,005 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $670,000 $223 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,075/month

145 Days on Market

Highlights

  • Clubhouse
  • Recreation Room
  • Community Pool
  • Belle Aire Elementary School Rated A-
  • Heated Sun or Florida Room
  • Tennis Courts

About This Home

As of April 2024

Welcome to Orchard Brook! Curb appeal for this 5Bed/2.1Bath home is just the beginning, once you step inside the oversized Foyer (complete w/ stain glass detail) the square footage just keeps going and going!! Massive updated open concept Kitchen flows into a 23x15 Heated Sunroom w/ access to a wrap around patio space and firepit. Formal Living, Dining and a cozy Family room w/ a wood burning/gas log fireplace, all featuring beautiful hardwood flooring! Primary en Suite is complete with a large walk in closet w/ a peek-a- boo window to the let the fresh air in! A partially finished basement includes an open Recreational Space w/ an option for ANOTHER bedroom w/egress PLUS a wine cellar tucked away. Highly sought after community and the convenient location speaks for itself!!! Make this Downers Grove gem your new home! Please contact Listing agent David Gust with questions or showing requests.

Last Agent to Sell the Property

David Gust

Century 21 Gust Realty License #471000200 Listed on: 09/22/2023

Century 21 Gust Realty

Last Buyer's Agent

Kelly Angelopoulos

Jameson Sotheby's Intl Realty License #475161249

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,624

Year Built

  • Built in 1971

Lot Details

  • 8,538 Sq Ft Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,005 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Shades
  • Blinds
  • Stained Glass
  • Wood Frame Window
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Heated Sun or Florida Room
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Belle Aire Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Water Softener is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include clubhouse, pool
  • Contact Association, Phone Number (312) 209-0062
  • Orchard Brook Subdivision
  • Property managed by Orchard Brook Home Owners Association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,624

Year Built

Built in 1971

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Orchard Brook
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 1
  • LivingArea: 3005
  • Other Equipment: Humidifier, Water-Softener Owned, Central Vacuum, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Heated Sun Room, Recreation Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Door Features: French Doors,Sliding Doors,Sliding Glass Door(s)
  • Window Features: Blinds,Shades,Wood Frames,Some Stained Glass
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 689000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 1075
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Orchard Brook Home Owners Association
  • Management Contact Name: Contact
  • Management Phone: 312-209-0062
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Clubhouse, Pool

Schools

  • Elementary School: Belle Aire Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.196
  • Lot Dimensions: 8538
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 12623.62
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Reiff Samuel and Reiff Katherine
Bought by
Skr Family Trust and Reiff
Current Estimated Value
$763,207

Purchase Details

Listed on
Sep 22, 2023
Closed on
Apr 5, 2024
Sold by
Miller Robert and Ryle Jennifer
Bought by
Reiff Samuel and Reiff Katherine
Seller's Agent
David Gust
Century 21 Gust Realty
Buyer's Agent
Kelly Angelopoulos
Jameson Sotheby's Intl Realty
List Price
$700,000
Sold Price
$670,000
Premium/Discount to List
-$30,000
-4.29%
Views
595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$370,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2020
Closed on
Apr 11, 2021
Sold by
Miller Robert
Bought by
Miller Robert
Seller's Agent
Jackie Grieshamer
4 Sale Realty, Inc.
Buyer's Agent
David Gust
Century 21 Gust Realty
List Price
$599,900
Sold Price
$595,000
Premium/Discount to List
-$4,900
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$245,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2020
Closed on
Mar 3, 2021
Sold by
Beasley Angelica Ayala
Bought by
Miller Robert
Seller's Agent
Jackie Grieshamer
4 Sale Realty, Inc.
Buyer's Agent
David Gust
Century 21 Gust Realty
List Price
$599,900
Sold Price
$595,000
Premium/Discount to List
-$4,900
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2014
Sold by
Ayala Carmen I and Ayala Beasley Angelica M
Bought by
Ayala Beasley Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2013
Closed on
Aug 15, 2013
Sold by
Hurdle Patricia R and Patricia R Hurdle Revocable Tr
Bought by
Ayala Carmen L and Ayala Beasley Angelica
Seller's Agent
Pat Borland
RE/MAX Suburban
Buyer's Agent
Ted Apostol
HomeSmart Connect
List Price
$519,900
Sold Price
$490,000
Premium/Discount to List
-$29,900
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Original Mortgage
$290,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2002
Sold by
Hurdle Robert B and Hurdle Patricia R
Bought by
Hurdle Patricia R and Patricia R Hurdle Revocable Trust

Purchase Details

Closed on
Oct 1, 1994
Sold by
Downers Grove National Bk Downers Grove
Bought by
Hurdle Robert B and Hurdle Patricia R
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
Skr Family Trust -- None Listed On Document
Reiff Samuel $670,000 None Listed On Document
Miller Robert -- Saturn Title Llc
Miller Robert $595,000 Attorney
Ayala Beasley Angelica -- None Available
Ayala Carmen L $490,000 Attorneys Title Guaranty Fun
Hurdle Patricia R -- --
Hurdle Robert B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reiff Samuel $370,000
Previous Owner Miller Robert $245,000
Previous Owner Ayala Beasley Angelica $312,000
Previous Owner Ayala Carmen L $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $670,000 -2.8% $223 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
11/05/2023 11/05/23 Price Changed $689,000 -1.6% $229 / Sq Ft
09/22/2023 09/22/23 For Sale $700,000 +17.6% $233 / Sq Ft
03/10/2021 03/10/21 Sold $595,000 -0.8% $198 / Sq Ft View Prior Sale
01/15/2021 01/15/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $599,900 -1.6% $200 / Sq Ft
12/19/2020 12/19/20 Price Changed $609,900 +2.5% $203 / Sq Ft
12/15/2020 12/15/20 Off Market $595,000 -- --
11/15/2020 11/15/20 Price Changed $599,900 -3.2% $200 / Sq Ft
10/30/2020 10/30/20 Price Changed $619,900 -3.1% $206 / Sq Ft
10/15/2020 10/15/20 For Sale $639,900 +30.6% $213 / Sq Ft
08/23/2013 08/23/13 Sold $490,000 -5.8% $163 / Sq Ft View Prior Sale
07/15/2013 07/15/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $519,900 0.0% $173 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $519,900 -- $173 / 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 $11,781 $213,490 $35,686 $177,804
2023 $11,275 $197,420 $33,000 $164,420
2022 $12,624 $220,250 $31,720 $188,530
2021 $11,653 $214,770 $30,930 $183,840
2020 $11,414 $210,060 $30,250 $179,810
2019 $10,954 $199,710 $28,760 $170,950
2018 $10,265 $185,340 $26,690 $158,650
2017 $9,843 $176,610 $25,430 $151,180
2016 $9,524 $166,380 $23,960 $142,420
2015 $9,332 $155,000 $22,320 $132,680
2014 $10,681 $171,420 $34,960 $136,460
2013 $10,350 $173,830 $35,450 $138,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11877323

Midwest Real Estate Data (MRED)

APN: 06-31-412-009