NOT LISTED FOR SALE

1516 Elmwood Ave Berwyn, IL 60402

Estimated Value: $316,000 - $393,000

3 Beds
2 Baths
1,890 Sq Ft
$184/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $305,000 $161 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,441/month

3 Days on Market

Highlights

  • Formal Dining Room
  • Detached Garage
  • Accessibility Features

About This Home

As of December 2021

GORGEOUS & CLEAN! FANTASTIC LOCATION 1 BLOCK TO ELEMENTARY SCHOOL, MIN TO TRAIN, 290 AND RESTAURANTS. ALMOST 1900 DSQ FT OF COMFORTABLE LIVING SPACE. THE HOME HAS BEEN REMODELED WITH A NEW KITCHEN, WINDOWS, ELECTRICAL, WATER LINES, AND PLUMBING. A LARGE LIVING ROOM LEADS YOU TO THE WIDE-OPEN KITCHEN WITH QUARTZ COUNTERS, VINTAGE BUILT-IN, AND LOADS OF COUNTER/ CABINET SPACE. ALL NEW STAINLESS STEEL APPLIANCES, LIGHTING, AND DINING / EATING AREA. 3 BEDROOMS IN ALL - THE FIRST-FLOOR BEDROOM IS GREAT FOR AGING IN PLACE OR OFFICE ALTERNATIVE. 2ND FLOOR DORMERED OUT OFFERING A SPACIOUS FLOORPLAN. HUGE MASTER BEDROOM WILL ACCESS TO UPSTAIRS FULL BATH OFFERING CUSTOM FLOORING AND FINISHES, GLASS SHOWER DOORS, AND SUBWAY TILE DESIGN. 2ND BEDROOM IS VERY SPACIOUS AS WELL. OVERSIZED LOT AND EXTRA DEEP YARD WITH 2 CAR GARAGE AND SPACE (CURRENTLY FENCED) 3RD SPOT. SUCH A SPACIOUS HOME YOU WON'T NEED A BASEMENT. SEEDS ARE BEING PUT DOWN IN THE BACKYARD. NICE HOUSE.

Last Agent to Sell the Property

Mario Bilotas

Four Daughters Real Estate License #471016608 Listed on: 09/30/2021

Last Buyer's Agent

Shanara Carter

eXp Realty License #475181072

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,231

Year Built | Renovated

  • 1906 | 2021

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Parking Included in Price

Interior Spaces

  • 1,890 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Crawl Space

Accessible Home Design

  • Accessibility Features

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,231

Year Built | Renovated

1906 | 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Architectural Style: Bungalow
  • Directions: 15Th ST E of HARLEM AVE TO ELMWOOD AVE S TO HOME
  • Lot Size: 125.6X37.5X125.6X37.5
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1906
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 1890
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1890
  • Total Sq Ft: 1890
  • Upper Level Sq Ft: 945
  • Main Level Sq Ft: 945
  • Accessibility Features: Main Level Entry, Other
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Historic/Period Mlwk, Open Floorplan, Some Carpeting
  • Other Equipment: Security System
  • Dining Room Type: Pantry, Other Room

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Porch
  • Exterior Building Type: Other
  • Lot Features: Fenced Yard
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Karel Havlicek Elementary School
  • High School: J Sterling Morton West High Scho
  • Junior High Dist: 201
  • Middle Or Junior School: Lincoln Middle School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4010.02
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Jan 10, 2022
Sold by
North West Housing Partnership
Bought by
Lindsey Crystal
Seller's Agent
Mario Bilotas
Four Daughters Real Estate
Buyer's Agent
Shanara Carter
eXp Realty
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Current Estimated Value
$347,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,590
Avg. Annual Appreciation
3.47%
Original Mortgage
$312,015
Outstanding Balance
$285,565
Interest Rate
3.12%
Estimated Equity
$62,025

Purchase Details

Listed on
Sep 30, 2021
Closed on
Dec 22, 2021
Sold by
North West Housing Partnership
Bought by
Lindsey Crystal
Seller's Agent
Mario Bilotas
Four Daughters Real Estate
Buyer's Agent
Shanara Carter
eXp Realty
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,015
Outstanding Balance
$285,565
Interest Rate
3.12%
Estimated Equity
$62,025

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 23, 2020
Sold by
Ruedlinger Judy L
Bought by
North West Housing Partnership
Seller's Agent
Dustin Mayes
Z Team
Buyer's Agent
Mario Bilotas
Four Daughters Real Estate
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.84%

Purchase Details

Closed on
May 19, 1999
Sold by
Betz William and Betz Bernard F
Bought by
Ruedlinger Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,699
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 1997
Sold by
Manning Richard B and Manning Lynne
Bought by
Betz William and Betz Bernard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,700
Interest Rate
7.65%
Mortgage Type
FHA
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
Lindsey Crystal -- --
Lindsey Crystal -- --
Lindsey Crystal -- --
North West Housing Partnership $100,000 Old Republic Title Company
Ruedlinger Judy L $98,500 Lawyers Title Insurance Corp
Betz William $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindsey Crystal $312,015
Previous Owner Ruedlinger Judy L $97,699
Previous Owner Betz William $82,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2021 12/23/21 Sold $305,000 +1.7% $161 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $299,900 +130.9% $159 / Sq Ft
11/06/2020 11/06/20 Sold $129,900 0.0% $78 / Sq Ft View Prior Sale
09/26/2020 09/26/20 Pending -- -- --
09/21/2020 09/21/20 Price Changed $129,900 -7.1% $78 / Sq Ft
09/14/2020 09/14/20 For Sale $139,900 -- $84 / 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 $7,231 $23,000 $5,316 $17,684
2023 $5,567 $23,000 $5,316 $17,684
2022 $5,567 $13,892 $4,607 $9,285
2021 $5,302 $13,890 $4,606 $9,284
2020 $4,010 $13,890 $4,606 $9,284
2019 $3,734 $12,482 $4,134 $8,348
2018 $3,584 $12,482 $4,134 $8,348
2017 $3,497 $12,482 $4,134 $8,348
2016 $3,546 $10,880 $3,425 $7,455
2015 $3,427 $10,880 $3,425 $7,455
2014 $3,353 $10,880 $3,425 $7,455
2013 $3,516 $12,431 $3,425 $9,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11233731

Midwest Real Estate Data (MRED)

APN: 16-19-230-022-0000