NOT LISTED FOR SALE

331 E Drake Ave Unit 2 Addison, IL 60101

Estimated Value: $322,785 - $331,000

4 Beds
1 Bath
1,100 Sq Ft
$297/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $225,000 $205 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,188/month

4 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Breakfast Bar

About This Home

As of March 2018

Well maintained Ranch, 3 bedroom, all brick & stone home with a full, finished basement. Home is located near all major retail, shopping, grocery, schools, and major roads including I-290 and I-355. Updated, custom, eat-in kitchen and bath. Basement features family room with built in book case, bedroom, laundry room, work room and plenty of storage. Hardwood floors run throughout underneath carpeting. Opportunity to do little to no work and move right in. Home features a brand new roof on home, and garage from April 2017. Newer hot water tank.

Last Agent to Sell the Property

Philip Defrancesco

Dapper Crown License #471018313 Listed on: 01/08/2018

Co-Listed By

Joseph DeFrancesco

Dapper Crown License #475164682

Last Buyer's Agent

Bill Fischer

eXp Realty License #475147049

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,350

Year Built

  • 1956

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • North or South Exposure
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $7,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,350

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X13, On Level: Main Level
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 12X12, On Level: Basement
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 18X14, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level
  • Bedroom 4: Dimensions: 12X9, On Level: Basement
  • Estimated Sq Ft: 1100
  • Family Room: Dimensions: 30X20, On Level: Basement

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: N (North)
  • Acreage: 0.1712

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, Fuses
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1075

Schools

  • School District: 88
  • Elementary School: FULLERTON ELEMENTARY SCHOOL
  • Middle School: INDIAN TRAIL JUNIOR HIGH SCHOOL
  • High School: ADDISON TRAIL HIGH SCHOOL
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 77X115
  • Lot Description: Corner
  • Parcel Identification Number: 0328421001

Tax Info

  • Taxes: 4174.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Mar 1, 2018
Sold by
Castro Jose V and Castro Eva
Bought by
Gonzalez Daniel and Gonzalez Susana
Seller's Agent
Philip Defrancesco
Dapper Crown
Buyer's Agent
Bill Fischer
eXp Realty
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$327,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,196
Avg. Annual Appreciation
5.06%
Original Mortgage
$220,924
Outstanding Balance
$189,849
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$137,347

Purchase Details

Closed on
Nov 23, 2010
Sold by
Sowa Dennis J and Sowa Patricia J
Bought by
Castro Jose V and Castro Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,994
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2000
Sold by
Conenna Dominic and Conenna Julie L
Bought by
Sowa Dennis J and Sowa Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
7.91%
Source: Public Records

Range of Values:

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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
Gonzalez Daniel -- First American Title
Castro Jose V $158,000 Pntn
Sowa Dennis J $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Daniel $220,924
Previous Owner Castro Jose V $153,994
Previous Owner Sowa Dennis J $131,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2018 03/05/18 Sold $225,000 0.0% $205 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $225,000 -- $205 / 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 $5,350 $83,902 $37,551 $46,351
2023 $5,089 $77,130 $34,520 $42,610
2022 $4,870 $72,120 $32,220 $39,900
2021 $4,659 $69,080 $30,860 $38,220
2020 $4,525 $66,170 $29,560 $36,610
2019 $4,487 $63,620 $28,420 $35,200
2018 $4,428 $60,550 $27,050 $33,500
2017 $4,305 $57,870 $25,850 $32,020
2016 $4,174 $53,430 $23,870 $29,560
2015 $4,053 $49,360 $22,050 $27,310
2014 $3,929 $47,760 $20,210 $27,550
2013 $3,853 $48,730 $20,620 $28,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09828826

Midwest Real Estate Data (MRED)

APN: 03-28-421-001