NOT LISTED FOR SALE

241 E Madison St Villa Park, IL 60181

Estimated Value: $428,000 - $503,000

4 Beds
2 Baths
2,167 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $365,000 $168 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,922/month

11 Days on Market

About This Home

As of October 2021

Beautifully Renovated 4 Bedroom 2 Bath Spacious Home. The Main Level Features a Spacious and Bright Living Room With Refinished Hardwood Floors, Anderson Windows (2017) and Dramatic Vaulted Ceiling, Walk into the Large Eat-In Kitchen that was Renovated in 2019, Featuring White Cabinets, Grey Island, Granite Countertops, Soft Close Cabinets, Undermount Sink, Newer Appliances and New Stove and Dishwasher (2020 & 2021). The Second Level features Hardwood Floors Throughout, Three Large Bedrooms, Large Closets, Full Bath that was Renovated in 2018. The Lower Level Features a Full Bath, Fourth Bedroom with Glass French Doors that is Perfect for an Office or Guest Suite. The Basement Features a Large Family Room with Wet Bar, Laundry Room, Walk-In Closet and TONS of Storage!!! The Home also features a Spacious Walk Out Deck the Looks Out Over the Beautiful Yard. The Front and Back Doors were installed in 2019, Tear Off Roof 2018, Space Pac 2020, Washer & Stove 2020, Dishwasher 2021. Welcome Home!

Last Agent to Sell the Property

Alexander Tzallas

RE/MAX 10 Lincoln Park License #471003766 Listed on: 08/20/2021

RE/MAX 10 Lincoln Park

Last Buyer's Agent

Iryna Ostafiichuk

Averta Realty License #475189753

Averta Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 7,405

Parking

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

Home Design

  • Split Level with Sub

Interior Spaces

  • 2,167 Sq Ft Home
  • Finished Basement
  • Sub-Basement
  • Unfinished Attic

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Split Level w/ Sub
  • Property Sub Type: Split Level w/ Sub
  • 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): No
  • Architectural Style: Bi-Level
  • Directions: IL 83 South to E. Washington St., Left on S. Villa, right on E Madison to 241 E. Madison.
  • Lot Size: 60X126
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Terry Kayes
  • Special Features: None
  • Year Built: 1959

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 2167
  • Basement Description: Finished,Sub-Basement
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2167
  • Attic: Unfinished
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 618
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Dining Room Type: Deck, Eating Area, Storage, Walk In Closet

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick,Frame
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway
  • Number of Cars: 8
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 2
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Air, Space Pac
  • Heating: Steam, Baseboard
  • Electric: Circuit Breakers, 100 Amp Service
  • Laundry Features: In Unit, Sink
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 88
  • Middle Or Junior School: John E Albright Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5141.4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 27, 2021
Sold by
Lynch Pamela G and The Pamela G Lynch Trust
Bought by
Saari Erik and Saari Miriam
Seller's Agent
Alexander Tzallas
RE/MAX 10 Lincoln Park
Buyer's Agent
Iryna Ostafiichuk
Averta Realty
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$459,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,525
Avg. Annual Appreciation
5.38%
Original Mortgage
$346,750
Outstanding Balance
$317,248
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$139,687

Purchase Details

Closed on
Oct 25, 2001
Sold by
Lynch Robert C and Lynch Pamela G
Bought by
Lynch Pamela G and Pamela G Lynch Trust

Purchase Details

Closed on
Aug 16, 2000
Sold by
Lynch Pamela G
Bought by
Lynch Robert C and Lynch Pamela G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Saari Erik $365,000 Chicago Title
Lynch Pamela G -- Chicago Title Insurance Co
Lynch Robert C -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saari Erik $346,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $365,000 0.0% $168 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $365,000 -- $168 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,426 $117,927 $26,116 $91,811
2023 $5,745 $109,050 $24,150 $84,900
2022 $5,570 $104,820 $23,210 $81,610
2021 $5,259 $102,210 $22,630 $79,580
2020 $5,141 $99,970 $22,130 $77,840
2019 $4,861 $95,050 $21,040 $74,010
2018 $4,769 $89,090 $19,720 $69,370
2017 $4,649 $84,890 $18,790 $66,100
2016 $4,269 $79,970 $17,700 $62,270
2015 $4,180 $74,500 $16,490 $58,010
2014 $4,292 $75,470 $31,270 $44,200
2013 $4,028 $76,530 $31,710 $44,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11195752

Midwest Real Estate Data (MRED)

APN: 06-15-112-013