NOT LISTED FOR SALE

Estimated Value: $558,207 - $594,000

4 Beds
2.5 Baths
2,028 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $495,000 $244 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,930/month

4 Days on Market

Highlights

  • Mature Trees
  • Property is near a park
  • Traditional Architecture
  • Mary Lou Cowlishaw Elementary School Rated A
  • Vaulted Ceiling
  • Backs to Open Ground

About This Home

As of July 2023

Welcome to this beautiful 4 bed, 2.1 bath home in the sought-after Ivy Ridge Subdivision, featuring MANY updates throughout. The main level provides a two-story living room with skylights, a separate formal dining room, and a convenient laundry room. The kitchen offers a pantry closet, stainless steel appliances, and an adjacent eat-in area. The family room is highlighted by a stunning stone fireplace and sliding glass doors that lead to a brick paver patio overlooking the backyard, which features mature trees and backs to a beautiful open space. Upstairs, you'll find all four bedrooms, each with new carpeting and ample closet space. The owner's suite is a spacious retreat with a walk-in closet and an en-suite bathroom featuring an oversized vanity and a tub-shower combo. The second level also offers a linen closet and counter space with storage cabinets. The home includes a full, unfinished basement with an egress window and ample potential for customization. Two-car garage with a freshly painted garage door. The property is situated near amenities such as the Fox Valley Mall, Harris Fawell Park, Springbrook Forest Preserve, shopping, dining, and is part of the acclaimed Naperville School District 204. Updates throughout the home include all new light fixtures, fresh paint from top to bottom, and all new flooring -hardwood laminate and carpeting. Brand new stainless steel refrigerator and stove. Fresh exterior paint and light fixtures. Driveway freshly sealed.

Last Agent to Sell the Property

Alice Chin

Compass License #475124084 Listed on: 05/25/2023

Compass

Co-Listed By

Tiffany Kniffin

Compass License #475156258

Last Buyer's Agent

Sophia Su

RE/MAX of Naperville License #475131399

RE/MAX of Naperville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,431

Year Built

  • Built in 1995

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 62x125x76x125
  • Backs to Open Ground
  • Paved or Partially Paved Lot
  • Mature Trees

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,028 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Window Screens
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Unfinished Attic

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Gas Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Cowlishaw Elementary School
  • Hill Middle School
  • Metea Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Satellite Dish

Additional Features

  • Brick Porch or Patio
  • Property is near a park

Community Details

  • Mark Formosa Association, Phone Number (630) 717-1624
  • Ivy Ridge Subdivision
  • Property managed by Ivy Ridge HOA

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,431

Year Built

Built in 1995

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Ivy Ridge
  • Year Built: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal, Range Hood, Gas Oven
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors, First Floor Laundry, Walk-In Closet(s), Separate Dining Room, Pantry
  • LivingArea: 2028
  • Other Equipment: TV-Dish, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: Eating Area
  • Estimated Total Finished Sq Ft: 2028
  • Assessed Sq Ft: 2028
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2028
  • Basement Sq Ft: 972
  • Fireplace Location: Family Room
  • Total Sq Ft: 3000
  • Attic: Unfinished
  • Main Level Sq Ft: 2028
  • Door Features: Sliding Doors
  • Window Features: Screens,Skylight(s)
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 475000
  • Lot Features: Mature Trees, Backs to Open Grnd
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 87
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Ivy Ridge HOA
  • Management Contact Name: Mark Formosa
  • Management Phone: 630-717-1624
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cowlishaw Elementary School
  • High School: Metea Valley High School
  • Middle/Junior School: Hill Middle School
  • Middle/Junior School District: 204

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 62X125X76X125
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8431.42
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 5, 2023
Sold by
Rhee Michelle
Bought by
Cai Andrew and Zhang Irene
Seller's Agent
Alice Chin
Compass
Buyer's Agent
Sophia Su
RE/MAX of Naperville
List Price
$475,000
Sold Price
$495,000
Premium/Discount to List
$20,000
4.21%
Views
149
Current Estimated Value
$575,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,552
Avg. Annual Appreciation
7.44%
Original Mortgage
$387,200
Outstanding Balance
$377,856
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$197,696

Purchase Details

Closed on
Feb 4, 2010
Sold by
Rhee Soo Ja
Bought by
Rhee Michelle

Purchase Details

Closed on
Feb 14, 1995
Sold by
Cole Taylor Bank
Bought by
Rhee Kon K and Rhee Soo Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
8.82%
Source: Public Records

Range of Values:

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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
Cai Andrew $495,000 Chicago Title Company
Rhee Michelle -- None Available
Rhee Kon K $202,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Andrew $387,200
Previous Owner Rhee Kon K $40,000
Previous Owner Rhee Kon K $133,187
Previous Owner Rhee Kon K $133,300
Previous Owner Rhee Kon K $146,069
Previous Owner Rhee Kon K $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $495,000 +4.2% $244 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $475,000 -- $234 / 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 $9,267 $156,462 $48,511 $107,951
2023 $8,865 $140,590 $43,590 $97,000
2022 $8,709 $133,430 $41,070 $92,360
2021 $8,085 $128,660 $39,600 $89,060
2020 $8,420 $128,660 $39,600 $89,060
2019 $8,085 $122,370 $37,660 $84,710
2018 $7,792 $116,070 $36,030 $80,040
2017 $7,575 $112,140 $34,810 $77,330
2016 $7,434 $107,620 $33,410 $74,210
2015 $7,360 $102,180 $31,720 $70,460
2014 $6,995 $94,240 $29,040 $65,200
2013 $6,979 $94,890 $29,240 $65,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11750884

Midwest Real Estate Data (MRED)

APN: 07-27-209-039