NOT LISTED FOR SALE

1500 Arrow Wood Ln Downers Grove, IL 60515

Estimated Value: $697,000 - $755,000

4 Beds
2.5 Baths
2,593 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $675,000 $260 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,750/month

1 Day on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Formal Dining Room
  • Belle Aire Elementary School Rated A-
  • Community Pool
  • Stainless Steel Appliances

About This Home

As of July 2024

North Downers Grove. Amazing, well-kept home with most big-ticket items updated recently by current seller. This home IS move-in ready. Spacious master bedroom and bath. Three bedrooms, each with loads of closet space. Kitchen features granite, walk-in pantry, SS appliances, 42" cabinets, under cabinet lighting and a large window letting in ample light while overlooking the lovely back yard. This home features a fantastic backyard with park-like common area. Laundry room on first floor. Here are the most recent updates: Insulated Garage door & quiet drive door opener with MyQ (2020). Furnace & A/C, water heater, roof (2021). Windows 2022 (front windows on first floor and all upstairs), 2nd floor hallway bath remodeled in 2022. New canned lighting in family room and kitchen (2023). Breakfast area sliding glass door and side windows, kitchen window above sink (2024). Landscaping, Master bath shower, Sump pump (2024). This house will not last long. See it today!

Last Agent to Sell the Property

Henri Vasquez

House Select Realty, Inc. License #471006776 Listed on: 06/07/2024

Last Buyer's Agent

Julia Lembcke

Skydan Real Estate Sales, LLC License #475210810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,551

Year Built

  • Built in 1971

Lot Details

  • 8,015 Sq Ft Lot
  • Lot Dimensions are 79 x 100 x 83 x 100
  • Paved or Partially Paved Lot
  • Irregular Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,593 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Sink Near Laundry
  • Laundry Chute

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, pool
  • Orchard Brook Subdivision
  • Property managed by Orchard Brook

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,551

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,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2593
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Pantry, Walk In Closet
  • Estimated Total Finished Sq Ft: 2593
  • Basement Description: Unfinished,Egress Window
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2593
  • Basement Sq Ft: 1274
  • Fireplace Location: Family Room
  • Total Sq Ft: 3867
  • Unfinished Basement Sq Ft: 1274
  • Upper Level Sq Ft: 1274
  • Main Level Sq Ft: 1319
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 609900
  • Lot Features: Irregular Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Asphalt
  • 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: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Laundry Chute, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 1075
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Pool, Curbs, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Orchard Brook
  • Management Contact Name: None
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Insurance, 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: 0.184
  • Lot Dimensions: 79 X 100 X 83 X 100
  • 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: 9551
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jun 21, 2024
Sold by
Jones James P
Bought by
Nowak James and Nowak Lauren M
Seller's Agent
Henri Vasquez
House Select Realty, Inc.
Buyer's Agent
Julia Lembcke
Skydan Real Estate Sales, LLC
List Price
$609,900
Sold Price
$675,000
Premium/Discount to List
$65,100
10.67%
Views
26
Current Estimated Value
$723,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,624
Avg. Annual Appreciation
5.45%
Original Mortgage
$540,000
Outstanding Balance
$533,253
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$190,371

Purchase Details

Closed on
Mar 5, 2021
Sold by
James P Jones Trust and Jones James P
Bought by
Jones James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 30, 2020
Sold by
Irlbeck Steven D and Irlbeck Nancy A
Bought by
Jones James P and James P Jones Trust
Seller's Agent
Michael Shuta
Baird & Warner
Buyer's Agent
Henri Vasquez
House Select Realty, Inc.
List Price
$479,900
Sold Price
$481,000
Premium/Discount to List
$1,100
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$381,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2013
Sold by
Irlbeck Steven D and Irlbeck Nancy A
Bought by
Irlbeck Steven D and Irlbeck Nancy A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nowak James $675,000 None Listed On Document
Jones James P -- New Title Company Name
Jones James P $481,000 Baird & Warner Ttl Svcs Inc
Irlbeck Steven D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowak James $540,000
Previous Owner Jones James P $380,000
Previous Owner Jones James P $381,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $675,000 +10.7% $260 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $609,900 +26.8% $235 / Sq Ft
05/01/2020 05/01/20 Sold $481,000 +0.2% $185 / Sq Ft View Prior Sale
03/11/2020 03/11/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $479,900 -- $185 / 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 $10,383 $189,104 $33,296 $155,808
2023 $9,933 $174,870 $30,790 $144,080
2022 $9,551 $168,100 $29,600 $138,500
2021 $8,815 $163,920 $28,860 $135,060
2020 $8,633 $160,330 $28,230 $132,100
2019 $9,574 $175,300 $26,840 $148,460
2018 $8,968 $162,680 $24,910 $137,770
2017 $8,597 $155,020 $23,740 $131,280
2016 $8,316 $146,030 $22,360 $123,670
2015 $8,144 $136,040 $20,830 $115,210
2014 $6,362 $104,530 $32,590 $71,940
2013 $6,356 $106,000 $33,050 $72,950
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12078197

Midwest Real Estate Data (MRED)

APN: 06-31-411-028