NOT LISTED FOR SALE

216 N Michigan Ave Villa Park, IL 60181

Estimated Value: $389,000 - $440,000

4 Beds
2 Baths
1,450 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $385,000 $266 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,882/month

12 Days on Market

Highlights

  • Home Office
  • 2 Car Detached Garage
  • Laundry Room
  • Willowbrook High School Rated A
  • Living Room
  • 1-Story Property

About This Home

As of April 2022

Wow! You will be stunned walking into this totally rehabbed 3+1 bedroom, home office and 2 bathroom home in a desirable South Villa Park neighborhood! There's so much new at this property you won't know where to start! The gleaming hardwood floors throughout the main level will wow you as will the fully remodeled kitchen and both baths! The kitchen has been finished with granite countertops, stainless steel appliances and quality cabinetry throughout. Both bathrooms have been updated to the latest standards! All of the generous and sunny bedrooms have plenty of closet space. The main living space and the below grade family room offer great space for entertaining or relaxing. 2 car detached garage and a huge back yard add to the value!

Last Agent to Sell the Property

Kris Maranda

@properties Christie's International Real Estate License #475128964 Listed on: 02/15/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Dee Penna

@properties Christie's International Real Estate License #475126389

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,947

Year Built

  • Built in 1952 | Remodeled in 2020

Lot Details

  • Lot Dimensions are 50x187

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • North Elementary School
  • Jefferson Middle School
  • Willowbrook High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,947

Year Built

Built in 1952 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1952
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Basement: Full, English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1450
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Square Footage Comments: 1158 sq.ft. above grade and additional 920 sq.ft. below grade
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: North Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Jefferson Middle School

Lot Info

  • Lot Dimensions: 50X187
  • 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: 5946.52
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 25, 2022
Sold by
Shima and Lulita
Bought by
Knoch Elizabeth
Seller's Agent
Kris Maranda
@properties Christie's International Real Estate
Buyer's Agent
Dee Penna
@properties Christie's International Real Estate
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Current Estimated Value
$426,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,207
Avg. Annual Appreciation
2.88%
Original Mortgage
$285,000
Outstanding Balance
$266,162
Interest Rate
3.88%
Mortgage Type
Balloon
Estimated Equity
$160,045

Purchase Details

Closed on
Apr 18, 2005
Sold by
Iordanov Roumen D and Iordanova Maia P
Bought by
Shima Elvin and Shima Lulita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,125
Interest Rate
5.14%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 1, 2001
Sold by
Schmitt John M and Schmitt Ralph C
Bought by
Iordanov Roumen D and Iordanova Maia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,978
Interest Rate
6.95%
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
Knoch Elizabeth $385,000 New Title Company Name
Shima Elvin $247,500 Republic Title
Iordanov Roumen D $147,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knoch Elizabeth $285,000
Previous Owner Shima Elvin $235,125
Previous Owner Iordanov Roumen D $141,978
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $385,000 -1.0% $266 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $389,000 -- $268 / 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 $7,808 $111,308 $15,042 $96,266
2023 $7,433 $102,930 $13,910 $89,020
2022 $6,354 $87,720 $13,370 $74,350
2021 $6,093 $85,540 $13,040 $72,500
2020 $5,947 $83,660 $12,750 $70,910
2019 $5,548 $79,540 $12,120 $67,420
2018 $5,277 $71,700 $10,920 $60,780
2017 $5,146 $68,330 $10,410 $57,920
2016 $4,995 $64,370 $9,810 $54,560
2015 $4,916 $59,970 $9,140 $50,830
2014 $5,770 $69,590 $16,030 $53,560
2013 $5,500 $70,570 $16,260 $54,310
Source: Public Records

Agents Affiliated with this Home

  • Kris Maranda

    Seller's Agent in 2022

    Kris Maranda

    @ Properties

    (630) 699-2211

    3 in this area

    246 Total Sales

    Kris Maranda
    Section Image
  • Dee Penna

    Buyer's Agent in 2022

    Dee Penna

    @ Properties

    (630) 306-6675

    1 in this area

    5 Total Sales

    Dee Penna
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11325169

Midwest Real Estate Data (MRED)

APN: 06-04-405-026

Illinois DuPage County Villa Park 60181

216 N Michigan Ave, Villa Park, IL

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