NOT LISTED FOR SALE

2939 N 78th Ave Elmwood Park, IL 60707

Estimated Value: $373,000 - $450,000

4 Beds
3 Baths
1,885 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $310,000 $164 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,055/month

5 Days on Market

Highlights

  • Recreation Room
  • Detached Garage
  • Garage ceiling height seven feet or more
  • Main Floor Bedroom
  • Breakfast Bar
  • 5-minute walk to Triangle Park

About This Home

As of December 2020

Beautiful brick bungalow with full-size second-floor addition. This well-kept home offers a ton of space on a quiet tree-lined block. The main level offers newly refinished hardwood floors, a spacious living room and dining room combo, and a big bedroom. The kitchen offers plenty of counter space and adjacent eating area. The second floor boasts plenty of space with a true master bedroom suite. Full basement is ready for your ideas. The backyard is nicely maintained and has a concrete patio and 2 car garage. Wonderful location walking distance to public school and park. There are also lots of amazing restaurants and stores that are a short distance away. Property is easy to show. Schedule your tour right away.

Last Agent to Sell the Property

Isaac Torres

IT Group Real Estate LLC License #471021457 Listed on: 08/21/2020

Last Buyer's Agent

Israel Nieves

Beaulieu Real Estate License #475148392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,576

Year Built | Renovated

  • 1929 | 2001

Lot Details

  • 3,833

Parking

  • Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Recreation Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Two Heating Systems
  • Radiator
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,576

Year Built | Renovated

1929 | 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2001
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1929
  • Year Renovated: 2001

Interior Features

  • Interior Property Features: 1st Floor Bedroom
  • Number Of Rooms: 9
  • Living Room: Dimensions: 23X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer, Range Hood
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 22X12, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 12X26, On Level: Basement, Flooring: Vinyl
  • Bedroom 2: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1885
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 22X17, On Level: Main Level, Flooring: Hardwood

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiators, 2+ Sep Heating Systems

Schools

  • School District: 401
  • Junior High Dist: 401

Lot Info

  • Lot Dimensions: 3840
  • Parcel Identification Number: 12251210040000

Tax Info

  • Taxes: 6413.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Dec 23, 2020
Sold by
Wright John W and Wright Mary E
Bought by
Velazquez Jorge Femat
Seller's Agent
Isaac Torres
IT Group Real Estate LLC
Buyer's Agent
Israel Nieves
Beaulieu Real Estate
List Price
$339,900
Sold Price
$310,000
Premium/Discount to List
-$29,900
-8.8%
Current Estimated Value
$417,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,480
Avg. Annual Appreciation
7.03%
Original Mortgage
$300,700
Interest Rate
2.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Velazquez Jorge Femat $310,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velazquez Jorge Femat $300,700
Previous Owner Wright John W $237,000
Previous Owner Wright John W $264,000
Previous Owner Wright John W $20,000
Previous Owner Wright John W $231,100
Previous Owner Wright John W $15,000
Previous Owner Wright John W $220,000
Previous Owner Wright John W $26,150
Previous Owner Wright John W $168,000
Previous Owner Wright John W $10,000
Previous Owner Wright John W $119,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $310,000 -8.8% $164 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $339,900 -- $180 / 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 $9,576 $34,959 $5,184 $29,775
2023 $10,209 $34,959 $5,184 $29,775
2022 $10,209 $38,184 $5,184 $33,000
2021 $8,527 $22,701 $3,456 $19,245
2020 $7,112 $22,701 $3,456 $19,245
2019 $6,414 $25,422 $3,456 $21,966
2018 $6,558 $23,633 $2,976 $20,657
2017 $6,359 $23,633 $2,976 $20,657
2016 $5,984 $23,633 $2,976 $20,657
2015 $5,891 $21,585 $2,688 $18,897
2014 $5,756 $21,585 $2,688 $18,897
2013 $5,598 $21,585 $2,688 $18,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10810693

Midwest Real Estate Data (MRED)

APN: 12-25-121-004-0000