NOT LISTED FOR SALE

Estimated Value: $1,484,000 - $2,518,000

0.46 Acre
$4,487,935 Price per Acre
20,038 Sq Ft Lot

Last Sold November 09, 2012

Last sale price $360,000

Est. 473% increase in value since last sale

Current estimated payment $13,998/month

36 Days on Market

About This Lot

As of November 2012

LOT 1 OF 6 LOT CUSTOM HOME SUBDIVISION IN BURR RIDGE WITH ALL HINSDALE SCHOOL DISTRICTS 181 & 86. AVAILABLE IMMEDIATLY TO START CONSTRUCTION. YOU HAVE YOUR OWN CHOICE OF BUILDER TO BUILD YOUR DREAM HOME. ALL UTILITIES TO SITE. SURVEY AVAILABLE. THIS IS THE LAST CHANCE TO OWN A 1/2 ACRE LOT IN THE HINSDALE CENTRAL SCHOOL DISTRICT.

Last Agent to Sell the Property

Jeffrey Jensen

Better Homes & Gardens Real Estate Connections License #471020409 Listed on: 08/09/2012

Better Homes & Gardens Real Estate Connections

Last Buyer's Agent

Dipul Patadia

BF Realty, Inc License #475130397

Property Details

Property Type

Land

Est. Annual Taxes

$31,155

Lot Details

0

Listing Details

  • Ownership: Fee Simple
  • Current Use: Platted
  • Ownership Type: Limited Partnership
  • Potential Use: Residential-Single Family
  • Subdivision Lot Number: 1
  • Total Listed Lots Avail: 6
  • Utilities To Site: Electric to Site, Gas to Site, Sewer-Storm Available, Water-Municipal
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .25-.49 Acre
  • Acreage: 0.46
  • Frontage Access: City Street
  • Front Footage: 133

Schools

  • School District: 86
  • Elementary School: ELM ELEMENTARY SCHOOL
  • Middle School: HINSDALE MIDDLE SCHOOL
  • High School: HINSDALE CENTRAL HIGH SCHOOL
  • Junior High Dist: 181

Lot Info

  • Lot Dimensions: 133.34X150X133X150
  • Estimated Land Sq Ft: 20000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Patadia and Monica
Bought by
Dipul Patadia Trust and Monica Patadia Trust
Current Estimated Value
$2,064,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$381,758
Interest Rate
4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,756,249

Purchase Details

Closed on
Oct 18, 2021
Sold by
Patadia Dipul and Dipul Patadia Trust
Bought by
Patadia Dipul and Patadia Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,200
Interest Rate
2.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2021
Sold by
Patadia Dipul and Patadia Monica
Bought by
Patadia Dipul and Dipul Patadia Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,100
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2012
Closed on
Nov 7, 2012
Sold by
Elm Street Burr Ridge Llc
Bought by
Patadia Dipul and Patadia Monica
Seller's Agent
Jeffrey Jensen
Better Homes & Gardens Real Estate Connections
Buyer's Agent
Dipul Patadia
BF Realty, Inc
List Price
$459,000
Sold Price
$360,000
Premium/Discount to List
-$99,000
-21.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%
Original Mortgage
$820,000
Interest Rate
3.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Dipul Patadia Trust -- Gugliuzza Marc
Patadia Dipul -- Servicelink
Patadia Dipul -- Attorney
Patadia Dipul $360,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patadia Dipul $500,000
Closed Dipul Patadia Trust $500,000
Previous Owner Patadia Dipul $482,200
Previous Owner Patadia Dipul $503,100
Previous Owner Patadia Dipul $517,000
Previous Owner Patadia Dipul $662,000
Previous Owner Datadia Dipul $749,000
Previous Owner Patadia Dipul $180,000
Previous Owner Patadia Dipul $800,000
Previous Owner Patadia Dipul $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $360,000 -21.6% --
09/14/2012 09/14/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $459,000 -- --
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
2023 $31,155 $537,700 $211,000 $326,700
2022 $30,534 $537,700 $187,860 $349,840
2021 $29,150 $531,580 $185,720 $345,860
2020 $29,267 $521,050 $182,040 $339,010
2019 $29,112 $499,950 $174,670 $325,280
2018 $30,482 $546,130 $200,920 $345,210
2017 $27,937 $497,020 $241,290 $255,730
2016 $25,335 $437,240 $230,260 $206,980
2015 $25,433 $411,360 $216,630 $194,730
2014 $25,642 $399,960 $210,630 $189,330
2013 $7,648 $119,900 $119,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08135008

Midwest Real Estate Data (MRED)

APN: 09-24-200-112