NOT LISTED FOR SALE

340 E Madison St Villa Park, IL 60181

Estimated Value: $359,000 - $450,000

3 Beds
2 Baths
1,998 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $295,000 $148 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,679/month

27 Days on Market

Highlights

  • Living Room with Fireplace
  • Attached Garage
  • Senior Tax Exemptions
  • Ardmore Elementary School Rated A-
  • 1-Story Property
  • Heated Garage

About This Home

As of February 2022

THIS HOME HAS A 1ST FLOOR WASHER AND DRYER HOOK UP AND A GENERAC BACKUP HOME GENERATOR, NEVER RUN OUT OF POWER AGAIN!!! This is the home you've been waiting for all summer! Freshly painted and professionally deep cleaned throughout the inside for it's new owner. Just acquire the keys and move in!! This turnkey home is close to schools, entertainment, restaurants, the local Metra station, bike paths, major highways and much more. The home is located on a corner lot just blocks from the popular downtown Villa Park area. With a finished basement and a giant outdoor shed this home will not disappoint. Come check out this listing today! The home features a low maintenance outside, updated kitchen with stainless steel appliances, gutter guards, finished basement with a bonus room that can be used as an office or a 3rd bedroom, 2 fully updated beautiful bathrooms, a home generator, 1st floor washer and dryer hookup plus much, much more. Come see this home and witness the beauty first hand.

Last Agent to Sell the Property

Sean Field

Keller Williams Success Realty License #475196013 Listed on: 11/10/2021

Keller Williams Success Realty

Last Buyer's Agent

Doug MacArtney

Coldwell Banker Realty License #471004940

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1950

Lot Details

  • 0.25

Parking

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

Interior Spaces

  • 1,998 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Senior Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch
  • Directions: On the corner of Madison Ave and Villa Ave, North of Roosevelt.
  • Lot Size: 54X145
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Ardmore
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Has Basement: Full
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 1998
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Fireplace Location: Living Room
  • Square Footage Comments: First Floor = 999 Basement = 999 1,998 total square feet
  • Total Sq Ft: 1998
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 999
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors
  • Other Equipment: TV-Dish, CO Detectors, Sump Pump, Generator
  • Dining Room Type: Enclosed Porch Heated

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Aluminum Siding,Brick,Stone
  • Waterfront: No

Garage/Parking

  • Number of Cars: 4
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • 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: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • 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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 88

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Senior
  • Tax Annual Amount: 5513.88
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 25, 2022
Sold by
Old Second National Bank - Trust# 13227
Bought by
Prabakar Theivaraaj and Prabakar Sivaranjani Rangaswamy
Seller's Agent
Sean Field
Keller Williams Success Realty
Buyer's Agent
Doug MacArtney
Coldwell Banker Realty
List Price
$320,000
Sold Price
$295,000
Premium/Discount to List
-$25,000
-7.81%
Current Estimated Value
$398,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,142
Avg. Annual Appreciation
7.84%
Original Mortgage
$280,250
Outstanding Balance
$256,406
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$141,736

Purchase Details

Closed on
Nov 27, 2007
Sold by
Villacci Frank and Villacci Joanne
Bought by
West Suburban Bank and Trust #13227

Purchase Details

Closed on
Aug 30, 2004
Sold by
Dotson Richard C
Bought by
Villacci Frank and Villacci Joanne

Purchase Details

Closed on
Sep 1, 2000
Sold by
Dotson Richard C and Dotson Patricia L
Bought by
Dotson Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.05%

Purchase Details

Closed on
Mar 19, 1998
Sold by
Dotson Richard C
Bought by
Dotson Richard C and Dotson Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Prabakar Theivaraaj $295,000 First American Title
West Suburban Bank -- None Available
Villacci Frank $309,000 First American Title
Dotson Richard C -- --
Dotson Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prabakar Theivaraaj $280,250
Previous Owner Dotson Richard C $120,000
Previous Owner Dotson Richard C $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $295,000 -7.8% $148 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $320,000 -- $160 / 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 $6,796 $97,920 $27,067 $70,853
2023 $6,464 $90,550 $25,030 $65,520
2022 $5,912 $87,040 $24,060 $62,980
2021 $5,659 $84,870 $23,460 $61,410
2020 $5,514 $83,010 $22,950 $60,060
2019 $5,124 $78,920 $21,820 $57,100
2018 $5,057 $73,960 $20,450 $53,510
2017 $4,911 $70,480 $19,490 $50,990
2016 $4,740 $66,400 $18,360 $48,040
2015 $4,632 $61,850 $17,100 $44,750
2014 $6,650 $84,290 $31,270 $53,020
2013 $6,344 $85,480 $31,710 $53,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11267444

Midwest Real Estate Data (MRED)

APN: 06-10-309-062