NOT LISTED FOR SALE

329 S Summit Ave Villa Park, IL 60181

Estimated Value: $518,000 - $664,000

0.24 Acre
$2,477,075 Price per Acre
10,454 Sq Ft Lot

Last Sold March 18, 2019

Last sale price $100,000

Est. 496% increase in value since last sale

Current estimated payment $4,268/month

48 Days on Market

Highlights

  • Property is near bus stop
  • Ardmore Elementary School Rated A-
  • Heating System Uses Gas

About This Lot

As of March 2019

Buildable .24 corner lot in South Villa Park. Beautiful landscaping and setting for that country farm house feel. City Water at street and sewer hookup available. Get your permits and start building, easy conveyance and the lot is ready to build.Located in the desirable South End of Villa Park. Easy walking to Prairie Path and Downtown Villa Park with all it's eateries and amenities, as well as the Great Western Trail! Jewel, Whole Foods, Kohl's nearby, as well as Oakbrook Mall, and Yorktown Mall for shopping. Surrounded by freeways, and just off the beaten path with the perfect commute distance for those citygoers. The train 5 mins away on the other side of St. Charles Rd. Don't miss this opportunity to build your dream home in the heart of Villa Park, the Garden Village.

Last Agent to Sell the Property

Jill Johnson

Redfin Corporation License #471020104 Listed on: 01/03/2019

Redfin Corporation

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Location

  • Property is near bus stop

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Ownership: Fee Simple
  • Current Use: Agricultural/Land Only
  • Total Listed Lots Avail: 2
  • Utilities To Site: Electric Nearby, Gas Nearby, Sanitary Sewer Nearby, Water-Municipal, Water-Nearby
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Cleared, Level, Sloping, Wooded
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .25-.49 Acre
  • Acreage: 0.24
  • Frontage Access: City Street
  • Front Footage: 78

Utilities

  • Heating Fuel: Gas, Electric

Schools

  • Junior High Dist: 45

Lot Info

  • Lot Dimensions: 148X135
  • Estimated Land Sq Ft: 10530
  • Land Amenities: Garbage Removal, Sidewalks
  • Parcel Identification Number: 0610124022

Tax Info

  • Taxes: 2162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 18, 2019
Sold by
Arriazola Armando and Johnson Jill
Bought by
Morgan Jennifer and Morgan Shaun
Seller's Agent
Jill Johnson
Redfin Corporation
Buyer's Agent
Non Member
NON MEMBER
List Price
$224,900
Sold Price
$100,000
Premium/Discount to List
-$124,900
-55.54%
Current Estimated Value
$595,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,627
Avg. Annual Appreciation
28.95%

Purchase Details

Closed on
Jan 30, 2017
Sold by
Mihajlovic Branko
Bought by
Arriazola Armando and Johnson Jill

Purchase Details

Closed on
Jul 17, 1998
Sold by
Mihajlovic Branko and Mihajlovic Aida
Bought by
Mihajlovic Branko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.03%

Purchase Details

Closed on
Apr 20, 1995
Sold by
The Bank Of Illinois
Bought by
Mihajlovic Branko and Mihajlovic Adia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
13.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morgan Jennifer $100,000 Attorney
Arriazola Armando $145,000 None Available
Mihajlovic Branko -- First American Title
Mihajlovic Branko $210,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mihajlovic Branko $168,000
Previous Owner Mihajlovic Branko $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2019 03/18/19 Sold $100,000 -55.5% --
02/23/2019 02/23/19 For Sale $224,900 0.0% --
02/20/2019 02/20/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $224,900 -- --
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 $13,035 $180,464 $38,530 $141,934
2023 $12,440 $166,880 $35,630 $131,250
2022 $12,006 $160,420 $34,250 $126,170
2021 $11,524 $156,430 $33,400 $123,030
2020 $11,423 $153,000 $32,670 $120,330
2019 $2,343 $31,060 $31,060 $0
2018 $2,207 $27,480 $27,480 $0
2017 $4,545 $55,050 $26,190 $28,860
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jill Johnson

    Redfin Corporation

    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    NON MEMBER

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10163999

Midwest Real Estate Data (MRED)

APN: 06-10-124-025

Illinois DuPage County Villa Park 60181

329 S Summit Ave, Villa Park, IL

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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