NOT LISTED FOR SALE

228 55th St Downers Grove, IL 60515

Estimated Value: $442,000 - $518,955

4 Beds
3 Baths
2,000 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $225,000 $112 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,191/month

49 Days on Market

Highlights

  • Formal Dining Room
  • Whittier Elementary School Rated A-
  • Double Oven

About This Home

As of July 2012

Beautifully maintained and updated brick two story. New fully applianced kitchen with hickory cabinets. Updated baths. All new windows. New blinds. Large living room. Second floor Jack and Jill bath room between bedrooms. Full finished basement with bath. Laundry room. Home office. Two car garage w/edo. Driveway turn around in back. Close to town & train. Bigger than it looks.

Last Listed By

Julie Kozacek

Realty Executives Premiere Listed on: 02/14/2012

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,336

Year Built

  • 1955

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Finished Basement

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

Schools

  • Whittier Elementary School
  • Downers Grove North High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$6,336

Year Built

1955

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 10
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Disposal
  • Equipment: Ceiling Fan
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X11
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 13X11
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 15X10
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 16X10
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 21X15
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 13X11
  • Dining Room Flooring: Other
  • Family Room Level: Lower
  • Family Room Size: 18X28
  • Family Room Flooring: Carpet
  • Kitchen Level: Main Level
  • Kitchen Size: 12X10
  • Kitchen Flooring: Ceramic/Porcelain Tile

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)
  • Driveway: Asphalt

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Heat/Fuel: Gas

Schools

  • Elementary School: Whittier Elementary School
  • High School: Downers Grove North
  • Junior High Dist: 58
  • Junior High: Herrick Middle School

Lot Info

  • Lot Dimensions: 60X133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2012
Closed on
Jul 31, 2012
Sold by
Sarac Richard J and Sarac Victoria L
Bought by
Miranda Erika and Diaz Erika
Seller's Agent
Julie Kozacek
Realty Executives Premiere
Buyer's Agent
Vanessa Gonzalez
AP Realty Chicago
List Price
$299,900
Sold Price
$225,000
Premium/Discount to List
-$74,900
-24.97%
Total Days on Market
49
Current Estimated Value
$475,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,739
Avg. Annual Appreciation
5.30%
Original Mortgage
$220,924
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2005
Sold by
Teddy Timothy and Teddy Christine
Bought by
Sarac Richard J and Sarac Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 28, 1996
Sold by
Lally Peter J and Lally Penelope C
Bought by
Teddy Timothy and Teddy Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
7.78%

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
Miranda Erika $225,000 Multiple
Sarac Richard J $292,500 Stewart Title Company
Teddy Timothy $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Erika $272,000
Closed Miranda Erika $56,000
Closed Miranda Erika $220,924
Previous Owner Sarac Richard J $115,000
Previous Owner Sarac Richard $58,500
Previous Owner Sarac Richard J $234,000
Previous Owner Teddy Timothy T $136,000
Previous Owner Teddy Timothy $149,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $225,000 0.0% $113 / Sq Ft
04/03/2012 04/03/12 Pending -- -- --
03/23/2012 03/23/12 Price Changed $225,000 -8.2% $113 / Sq Ft
03/09/2012 03/09/12 Price Changed $245,000 -18.3% $123 / Sq Ft
02/14/2012 02/14/12 For Sale $299,900 -- $150 / 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
2023 $6,336 $115,310 $52,940 $62,370
2022 $6,156 $111,310 $51,110 $60,200
2021 $5,761 $110,050 $50,530 $59,520
2020 $5,422 $103,060 $49,530 $53,530
2019 $5,246 $98,880 $47,520 $51,360
2018 $4,858 $91,000 $47,290 $43,710
2017 $4,699 $87,570 $45,510 $42,060
2016 $4,600 $83,570 $43,430 $40,140
2015 $4,542 $78,620 $40,860 $37,760
2014 $4,808 $80,580 $39,730 $40,850
2013 $4,709 $80,200 $39,540 $40,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07996124

Midwest Real Estate Data (MRED)

APN: 09-09-315-012