NOT LISTED FOR SALE

1948 Wisconsin Ave Downers Grove, IL 60515

Estimated Value: $414,000 - $476,240

3 Beds
2 Baths
974 Sq Ft
$444/Sq Ft Est. Value

Last Sold January 14, 2023

Last sale price $375,000 $385 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,855/month

17 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Property is near a forest
  • Henry Puffer School Rated A-
  • Deck
  • Creek On Lot

About This Home

As of January 2023

$20,000 PRICE IMPROVEMENT! Welcome home! This Downers Grove Ranch with a full, finished walk-out basement is move-in ready and features many updates. You will love this cozy and modern 3-bedroom, 2-bathroom home with hardwood floors and plenty of natural light from the abundance of windows. The property is situated on over half an acre at the end of a dead-end street and borders Downers Grove Park District land on the east! This prime in-town location is three blocks from the Belmont train station, five blocks from Henry Puffer Elementary, a five-minute drive to Downtown Downers Grove, and close to shopping, restaurants, and expressways! Updates include a new furnace & A/C in October of 2022, an updated kitchen with granite countertops and new stainless steel appliances, new siding in 2016, a new roof in 2016, most windows replaced in 2016, and updated bathrooms. The exceptional 60'x431' lot features incredible views, mature trees, and wildlife. There are so many opportunities with this property! You can move right in and enjoy the North Downers Grove lifestyle, add on to increase the square footage, or rebuild on this massive lot! Schedule a showing today and keep warm this winter in this cozy Downers Grove home!

Last Agent to Sell the Property

Joseph Enzbigilis

Keller Williams Experience License #475187210 Listed on: 12/01/2022

Keller Williams Experience

Last Buyer's Agent

Joseph Enzbigilis

Keller Williams Experience License #475187210 Listed on: 12/01/2022

Keller Williams Experience

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,545

Year Built

  • Built in 1933 | Remodeled in 2016

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 60x431
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Backs to Trees or Woods

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 974 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Coffered Ceiling
  • Double Pane Windows
  • Replacement Windows
  • Blinds
  • Window Screens
  • Panel Doors
  • Mud Room
  • Living Room
  • Open Floorplan
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • Storm Doors
  • Property Views

Kitchen

  • Double Oven
  • Gas Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Shower Body Spray

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Outdoor Features

  • Creek On Lot
  • Deck
  • Exterior Lighting

Location

  • Property is near a forest

Schools

  • Henry Puffer Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,545

Year Built

Built in 1933 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1933
  • Age: 81-90 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): Yes
  • Rehab Year: 2016
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Gas Oven
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Coffered Ceiling(s), Dining Combo, Drapes/Blinds, Granite Counters, Some Storm Doors, Pantry, Replacement Windows
  • LivingArea: 974
  • Room Type: Bonus Room, Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 974
  • Basement Description: Finished,Exterior Access,Concrete (Basement),Rec/Family Area,Storage Space,Walk-Up Access
  • Bathroom Amenities: Whirlpool,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Full,Interior Stair,Unfinished
  • Door Features: Panel Door(s)
  • Window Features: Blinds,Double Pane Windows,Screens
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 369900
  • Lot Features: Forest Preserve Adjacent, Landscaped, Mature Trees, Backs to Trees/Woods, Creek, Outdoor Lighting, Views
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame,Fiber Cement

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Henry Puffer 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: 0.59
  • Lot Dimensions: 60X431
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5545.06
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 17, 2023
Sold by
Murphy Matthew F and Murphy Rebekah Tate
Bought by
Hess Michael and Hess Kathleen
Seller's Agent
Joseph Enzbigilis
Keller Williams Experience
Buyer's Agent
Joseph Enzbigilis
Keller Williams Experience
List Price
$389,900
Sold Price
$375,000
Premium/Discount to List
-$14,900
-3.82%
Views
22
Current Estimated Value
$432,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,560
Avg. Annual Appreciation
5.33%
Original Mortgage
$281,250
Outstanding Balance
$272,599
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$159,961

Purchase Details

Closed on
Feb 22, 2021
Sold by
Murphy Matthew F
Bought by
Murphy Matthew F and Goodall Rebekah Tate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2016
Closed on
May 9, 2016
Sold by
Kosela Wojciech and Kosela Barbara
Bought by
Murphy Matthew F
Seller's Agent
Albert Kosela
Pro 1 Realty R & C Corp.
Buyer's Agent
Sally Schertz
HomeSmart Realty Group
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$288,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2014
Closed on
Mar 17, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kosela Wojciech
Seller's Agent
Dustin Mayes
Z Team
Buyer's Agent
Albert Kosela
Pro 1 Realty R & C Corp.
List Price
$179,900
Sold Price
$135,000
Premium/Discount to List
-$44,900
-24.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.10%

Purchase Details

Closed on
Sep 9, 2014
Sold by
Montenegro Michael H and Abn Amro Mortgage Group Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 1, 2005
Sold by
Kusreau Beulah and Mielke Diana
Bought by
Montenegro Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 1996
Sold by
Giegoldt Warren J
Bought by
Giegoldt Warren J and Kusreau Beulah
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
Hess Michael $375,000 Premier Title
Murphy Matthew F -- Greater Illinois Title
Murphy Matthew F $320,000 Saturn Title Llc
Kosela Wojciech $145,000 Saturn Title Llc
Federal Home Loan Mortgage Corporation -- None Available
Montenegro Michael M $230,000 1St American Title
Giegoldt Warren J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Michael $281,250
Previous Owner Murphy Matthew F $260,000
Previous Owner Murphy Matthew F $288,000
Previous Owner Montenegro Michael M $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2023 01/14/23 Sold $375,000 +1.4% $385 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/16/2022 12/16/22 Price Changed $369,900 -5.1% $380 / Sq Ft
12/01/2022 12/01/22 For Sale $389,900 +21.8% $400 / Sq Ft
05/09/2016 05/09/16 Sold $320,000 -8.5% $346 / Sq Ft View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $349,900 +159.2% $378 / Sq Ft
03/26/2015 03/26/15 Sold $135,000 -9.9% $148 / Sq Ft View Prior Sale
02/27/2015 02/27/15 Pending -- -- --
02/19/2015 02/19/15 Price Changed $149,900 -9.1% $165 / Sq Ft
01/12/2015 01/12/15 Price Changed $164,900 -8.3% $181 / Sq Ft
12/05/2014 12/05/14 For Sale $179,900 -- $198 / 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 $6,743 $125,896 $64,712 $61,184
2023 $6,367 $114,900 $59,060 $55,840
2022 $6,087 $109,430 $56,250 $53,180
2021 $5,545 $105,290 $54,120 $51,170
2020 $5,454 $103,400 $53,150 $50,250
2019 $5,265 $98,930 $50,850 $48,080
2018 $4,977 $92,590 $47,590 $45,000
2017 $4,836 $89,460 $45,980 $43,480
2016 $4,110 $68,920 $44,320 $24,600
2015 $4,082 $64,910 $41,740 $23,170
2014 $4,054 $62,560 $40,230 $22,330
2013 $4,001 $62,710 $40,330 $22,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11663894

Midwest Real Estate Data (MRED)

APN: 08-12-408-018