NOT LISTED FOR SALE

Estimated Value: $380,000 - $394,856

3 Beds
2 Baths
1,022 Sq Ft
$381/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $272,000 $266 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,653/month

2 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Galley Kitchen
  • Lowell Elementary School Rated A
  • Home Office
  • Attached Garage

About This Home

As of March 2020

WAIT 'TIL YOU SEE THIS STYLISH TREASURE! This 3-bedroom 2 bath ranch has the desired one floor living, on-trend colors and easy flow main level plus a full basement. The bright living room opens to the dining room with access to the paver patio, A galley kitchen with white cabinets and ample prep area. All three bedrooms offer comfortable sleep and closet space. The basement features a large rec room, office, workshop, 3rd bedroom and a full bath. Your outdoor living is accommodated it the oversized backyard! This Wheaton charmer is walking distance to College Ave train and the Prairie Path. Close to downtown Wheaton, shopping, dining and recreation. New roof and siding 2019. Welcome home to 227 S. Summit.

Last Agent to Sell the Property

Lance Kammes

RE/MAX Suburban License #475090263 Listed on: 02/07/2020

RE/MAX Suburban

Last Buyer's Agent

Audrey Mital

Baird & Warner License #475126497

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,359

Year Built

  • 1950

Lot Details

  • 9,148

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Home Office
  • Workroom
  • Recreation Room
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

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

Additional Features

  • Patio
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,359

Year Built

1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1022
  • Unfinished Basement Sq Ft: 200
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2044
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 13X08, On Level: Basement, Flooring: Carpet
  • Dining Room: Dimensions: 11X09, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 15X08, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Galley
  • Additional Rooms: Recreation Room, Workroom, Office
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 17X14, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Work Rm, Dimensions: 12X08, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Office, Dimensions: 09X09, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1022
  • Estimated Total Finished Sq Ft: 1844
  • Basement Sq Ft: 1022
  • Basement Finished Sq Ft: 822
  • Main Level Sq Ft: 1022
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: W (West)
  • Acreage: 0.2143

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 200
  • Elementary School: Lowell Elementary School
  • Middle School: Franklin Middle School
  • High School: Wheaton North High School
  • Junior High Dist: 200

Lot Info

  • Lot Dimensions: 57X170X52X170
  • Parcel Identification Number: 0515313006
  • Zero Lot Line: No

Tax Info

  • Taxes: 5299.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 16, 2020
Sold by
Peters Tyler and Peters Leah
Bought by
Boncz Kathleen U
Seller's Agent
Lance Kammes
RE/MAX Suburban
Buyer's Agent
Audrey Mital
Baird & Warner
List Price
$269,900
Sold Price
$272,000
Premium/Discount to List
$2,100
0.78%
Current Estimated Value
$389,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,714
Avg. Annual Appreciation
6.34%
Original Mortgage
$217,000
Outstanding Balance
$194,236
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$185,750

Purchase Details

Listed on
Aug 30, 2016
Closed on
Nov 18, 2016
Sold by
Morlock Scott A and Morlock Sarah K
Bought by
Peters Tyler and Peters Leah
Seller's Agent
Jack Nies
RE/MAX Suburban
Buyer's Agent
Lance Kammes
RE/MAX Suburban
List Price
$263,500
Sold Price
$255,000
Premium/Discount to List
-$8,500
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%
Original Mortgage
$246,489
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 2005
Sold by
Morlock Scott A
Bought by
Morlock Scott A and Morlock Sarah K

Purchase Details

Closed on
Dec 7, 2000
Sold by
Abbott Richard L and Estate Of Grace M Abbott
Bought by
Morlock Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,550
Interest Rate
7.8%
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
Boncz Kathleen U $272,000 Precision Title
Peters Tyler $255,000 Attorneys Title Guaranty Fun
Morlock Scott A -- --
Morlock Scott A $159,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boncz Kathleen U $217,000
Previous Owner Peters Tyler $246,489
Previous Owner Morlock Scott A $101,896
Previous Owner Morlock Scott A $77,400
Previous Owner Morlock Scott A $143,000
Previous Owner Morlock Scott $143,800
Previous Owner Morlock Scott A $144,000
Previous Owner Morlock Scott A $142,500
Previous Owner Morlock Scott A $143,400
Previous Owner Morlock Scott A $143,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $272,000 +0.8% $266 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $269,900 +5.8% $264 / Sq Ft
11/18/2016 11/18/16 Sold $255,000 -3.2% $250 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $263,500 -- $258 / 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 $6,359 $106,663 $33,874 $72,789
2023 $6,094 $98,180 $31,180 $67,000
2022 $6,010 $92,780 $29,460 $63,320
2021 $5,986 $90,580 $28,760 $61,820
2020 $5,966 $89,730 $28,490 $61,240
2019 $5,825 $87,360 $27,740 $59,620
2018 $5,300 $79,170 $26,640 $52,530
2017 $5,214 $76,250 $25,660 $50,590
2016 $5,136 $73,200 $24,630 $48,570
2015 $5,088 $69,840 $23,500 $46,340
2014 $4,836 $65,640 $20,600 $45,040
2013 $4,712 $65,840 $20,660 $45,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10630799

Midwest Real Estate Data (MRED)

APN: 05-15-313-006