NOT LISTED FOR SALE

1541 Richards Ave Downers Grove, IL 60516

South Downers Grove Neighborhood

Estimated Value: $474,469 - $570,000

4 Beds
3 Baths
1,570 Sq Ft
$335/Sq Ft Est. Value

About This Home

This home is located at 1541 Richards Ave, Downers Grove, IL 60516 and is currently estimated at $526,367, approximately $335 per square foot. 1541 Richards Ave is a home located in DuPage County with nearby schools including Kingsley Elementary School, O'Neill Middle School, and Downers Grove South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2004
Sold by
Stepanik Richard A and Stepanik Janet M
Bought by
Mulla Pajtim and Mulla Tatjana
Current Estimated Value
$526,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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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.

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Average Value
Not Available
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
Mulla Pajtim $325,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mulla Pajtim $263,000
Previous Owner Mulla Pajtim $255,200
Previous Owner Mulla Pajtim $226,700
Previous Owner Stepanik Richard A $194,000
Previous Owner Stepanik Richard A $115,000
Source: Public Records

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 $7,481 $146,668 $43,610 $103,058
2023 $7,064 $134,830 $40,090 $94,740
2022 $6,810 $126,710 $38,330 $88,380
2021 $6,648 $125,260 $37,890 $87,370
2020 $6,524 $122,780 $37,140 $85,640
2019 $6,315 $117,810 $35,640 $82,170
2018 $6,203 $114,530 $35,460 $79,070
2017 $6,004 $110,210 $34,120 $76,090
2016 $5,882 $105,180 $32,560 $72,620
2015 $5,773 $98,300 $30,630 $67,670
2014 $5,774 $95,570 $29,780 $65,790
2013 $5,656 $95,120 $29,640 $65,480
Source: Public Records

Map

Illinois DuPage County Downers Grove 60516 South Downers Grove

1541 Richards Ave, Downers Grove, IL

This home is located at 1541 Richards Ave, Downers Grove, IL 60516 and is currently estimated at $526,367, approximately $335 per square foot. 1541 Richards Ave is a home located in DuPage County with nearby schools including Kingsley Elementary School, O'Neill Middle School, and Downers Grove South High School.

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