NOT LISTED FOR SALE

279 E Madison St Elmhurst, IL 60126

Estimated Value: $1,505,947 - $1,623,000

5 Beds
5 Baths
3,890 Sq Ft
$399/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $1,166,666 $300 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,262/month

58 Days on Market

Highlights

  • Vaulted Ceiling
  • Loft
  • Home Office
  • Jefferson Elementary School Rated A
  • Mud Room
  • Walk-In Pantry

About This Home

As of June 2020

Beautifully designed and unique floor plan in Jefferson/Bryan school district on a large lot featuring an extra large 3 car garage, finished basement with wet bar, bedroom, full bath and large rec room area. Open concept family room, kitchen with white custom cabinetry with navy island and butler's pantry, walk in pantry and large windows, white oak large plank flooring. Large dining room for great entertaining. 1st floor private office and large mudroom with ample storage. 10 foot ceilings on the main level. The home is surrounded by new construction both in front and rear yards. Fabulous views out your kitchen window!

Last Agent to Sell the Property

Gina Brigham

L.W. Reedy Real Estate License #475127696 Listed on: 02/17/2020

L.W. Reedy Real Estate

Last Buyer's Agent

Tim Schiller

@properties Christie's International Real Estate License #475127707

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 2019

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Garage Is Owned

Interior Spaces

  • Vaulted Ceiling
  • Heatilator
  • Gas Log Fireplace
  • Mud Room
  • Family Room Downstairs
  • Home Office
  • Loft
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built

2019

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Total Sq Ft: 5142
  • Unfinished Lower Sq Ft: 319
  • Type Detached: 2 Stories
  • Estimated Year Built: 2019
  • Total Sq Ft: 5461
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 2nd Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 12
  • Living Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Fireplace Details: Gas Logs, Gas Starter, Heatilator Type System
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X12, On Level: 2nd Level, Flooring: Porcelain Tile, Windows: None
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 17X18, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: Mud Room, Office, Loft, Family Room - Down, 5th Bedroom
  • Master Bedroom: Dimensions: 20X17, On Level: 2nd Level
  • Additional Room 1 Name: Mud, Dimensions: 10X10, On Level: Main Level
  • Additional Room 2 Name: Office, Dimensions: 13X10, On Level: Main Level
  • Bedroom 2: Dimensions: 13X16, On Level: 2nd Level
  • Additional Room 3 Name: Loft, Dimensions: 15X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 19X18, On Level: 2nd Level
  • Additional Room 4 Name: Family Room - Down, Dimensions: 17X42, On Level: Basement
  • Bedroom 4: Dimensions: 14X12, On Level: 2nd Level
  • Additional Room 5 Name: 5th Bdrm, Dimensions: 17X12, On Level: Basement
  • Estimated Sq Ft: 3890
  • Estimated Total Finished Sq Ft: 5142
  • Lower Level Sq Ft: 1252
  • Main Level Sq Ft: 1744
  • Upper Level Sq Ft: 2146
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 21X20, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.1974

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 205

Lot Info

  • Lot Dimensions: 60X145
  • Parcel Identification Number: 0612326014

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Jun 12, 2020
Sold by
279 E Madison Llc
Bought by
Chicago Title Land Trust and Trust Number 8002383292
Seller's Agent
Gina Brigham
L.W. Reedy Real Estate
Buyer's Agent
Tim Schiller
@properties Christie's International Real Estate
List Price
$1,150,000
Sold Price
$1,166,666
Premium/Discount to List
$16,666
1.45%
Current Estimated Value
$1,551,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,821
Avg. Annual Appreciation
5.26%
Original Mortgage
$874,999
Outstanding Balance
$775,620
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$775,867

Purchase Details

Listed on
Apr 8, 2019
Closed on
May 29, 2019
Sold by
Speers Stephen H and Speers Susan S
Bought by
279 E Madison Llc
Seller's Agent
Gina Brigham
L.W. Reedy Real Estate
Buyer's Agent
Gina Brigham
L.W. Reedy Real Estate
List Price
$319,000
Sold Price
$314,000
Premium/Discount to List
-$5,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
249.04%
Original Mortgage
$235,500
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 1996
Sold by
Stevens Susan V
Bought by
Speers Stephen H and Speers Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.12%

Purchase Details

Closed on
Apr 4, 1996
Sold by
Stevens Nancy C and Stevens Susan
Bought by
Stevens Susan V
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
Chicago Title Land Trust $1,167,000 None Available
279 E Madison Llc $314,000 Fidelity National Title
Speers Stephen H $235,000 Intercounty Title
Stevens Susan V -- Inter County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust $874,999
Previous Owner 279 E Madison Llc $235,500
Previous Owner Speers Stephen H $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2020 06/15/20 Sold $1,166,666 +1.4% $300 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $1,150,000 +266.2% $296 / Sq Ft
05/30/2019 05/30/19 Sold $314,000 -1.6% $213 / Sq Ft View Prior Sale
04/09/2019 04/09/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $319,000 -- $216 / 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 $25,889 $437,578 $102,171 $335,407
2023 $24,080 $404,640 $94,480 $310,160
2022 $23,223 $388,970 $90,830 $298,140
2021 $22,659 $379,300 $88,570 $290,730
2020 $14,463 $86,630 $86,630 $0
2019 $6,732 $120,290 $82,360 $37,930
2018 $8,133 $142,280 $77,960 $64,320
2017 $8,256 $135,580 $74,290 $61,290
2016 $8,081 $127,730 $69,990 $57,740
2015 $7,997 $118,990 $65,200 $53,790
2014 $9,402 $128,010 $51,740 $76,270
2013 $9,300 $129,810 $52,470 $77,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10639779

Midwest Real Estate Data (MRED)

APN: 06-12-326-014