NOT LISTED FOR SALE

224 S Michigan Ave Addison, IL 60101

Estimated Value: $314,000 - $344,000

3 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold August 03, 2020

Last sale price $226,000

Est. 44% increase in value since last sale

Current estimated payment $2,213/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Lower Floor Utility Room
  • Breakfast Bar
  • Deck
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Opportunity is knocking on your doors! Charming well maintained 3 bedroom 2 bath cape cod located on a lovely tree lined street. Home features hardwood floors, updated kitchen with 42' oak cabinets, granite counter tops and all newer SS appliances, Updated baths. Large master bedroom with walk-in closet, 2nd floor sitting area & desk area. Beautifully finished basement. Large deck & detached 2 car garage. Excellent & quit location! Motivated Seller!!

Last Agent to Sell the Property

Paul Ferrara

USA Real Estate Ltd. License #475155464 Listed on: 05/28/2020

Last Buyer's Agent

Kelly Moya

Coldwell Banker Realty License #475184125

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,217

Year Built

  • 1950

Lot Details

  • 6,970

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Lower Floor Utility Room
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Wine Cooler

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,217

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer, Wine Cooler/Refrigerator
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Flooring: Other, Windows: None
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Utility Room-Lower Level
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Utility Room-Lower Level, Dimensions: 14X10, On Level: Basement
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X09, On Level: Main Level, Flooring: Hardwood
  • Family Room: Dimensions: 23X10, On Level: Basement, Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 88
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 50X142
  • Parcel Identification Number: 0328416016

Tax Info

  • Taxes: 4308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 30, 2020
Sold by
Graziano Chris C
Bought by
Ayala Veronica and Delat Orre Erica
Seller's Agent
Paul Ferrara
USA Real Estate Ltd.
Buyer's Agent
Kelly Moya
Coldwell Banker Realty
List Price
$219,900
Sold Price
$226,000
Premium/Discount to List
$6,100
2.77%
Current Estimated Value
$324,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,762
Avg. Annual Appreciation
7.57%
Original Mortgage
$221,906
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2012
Closed on
Dec 26, 2012
Sold by
Hope Holdings Llc
Bought by
Graziano Chris C
Seller's Agent
Jon Devermann
Century 21 Circle
Buyer's Agent
Lori Knepper
Jasco Realty, Inc
List Price
$184,900
Sold Price
$172,500
Premium/Discount to List
-$12,400
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$163,875
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hope Holdings Llc Select

Purchase Details

Closed on
Mar 7, 2012
Sold by
Kurucar Jeffrey S and Jpmorgan Chase Bank National A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 18, 2003
Sold by
Patel Jyostana and Patel Indu A
Bought by
Patel Jyostana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
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
Ayala Veronica $226,000 First American Title
Graziano Chris C $172,500 None Available
Hope Holdings Llc Select $75,000 Atg
Federal Home Loan Mortgage Corporation -- Atg
Patel Jyostana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Veronica $10,497
Open Ayala Veronica $19,039
Previous Owner Ayala Veronica $221,906
Previous Owner Graziano Chris C $163,875
Previous Owner Kurucar Jeffrey S $204,000
Previous Owner Kurucar Jeffrey S $192,000
Previous Owner Patel Jyostana $105,000
Previous Owner Kurucar Jeffrey S $138,547
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $226,000 +2.8% --
06/02/2020 06/02/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $219,900 +27.5% --
12/27/2012 12/27/12 Sold $172,500 -6.7% --
11/14/2012 11/14/12 Pending -- -- --
11/07/2012 11/07/12 For Sale $184,900 -- --
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 $5,217 $82,020 $40,749 $41,271
2023 $4,962 $75,400 $37,460 $37,940
2022 $4,679 $69,530 $34,520 $35,010
2021 $4,475 $66,590 $33,060 $33,530
2020 $4,346 $63,790 $31,670 $32,120
2019 $4,309 $61,330 $30,450 $30,880
2018 $4,252 $58,380 $28,980 $29,400
2017 $4,134 $55,800 $27,700 $28,100
2016 $4,005 $51,510 $25,570 $25,940
2015 $3,887 $47,580 $23,620 $23,960
2014 $3,785 $46,230 $21,660 $24,570
2013 $3,713 $47,170 $22,100 $25,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10727574

Midwest Real Estate Data (MRED)

APN: 03-28-416-016