NOT LISTED FOR SALE

342 55th St Downers Grove, IL 60515

Estimated Value: $295,000 - $402,716

3 Beds
1 Bath
1,000 Sq Ft
$338/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $196,000 $196 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,452/month

61 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Stainless Steel Appliances
  • Whittier Elementary School Rated A-
  • Corner Lot
  • Attached Garage

About This Home

As of March 2020

Beautifully renovated home ready for its new family. All New Hardwood Floors, New Stainless Steel Appliances, New Furnace, New AC, New Roof, New Siding, New Tub, New Circuit Breakers and Panel, New Toilet, Vanity, Bathroom Wall Tiles, New Interior and Exterior Doors, New Lighting, New Paint. Buyers will be happy with this completely renovated home in North Downers Grove with nothing to do but move right in. Very spacious basement for additional 900 square feet making home 1,900 sq/ft. Highly sought after Downers Grove location. Just minutes from downtown Downers Grove, blocks from Barth Pond and walking distance to the train and Swim & Racquet Club. This ranch offers tremendous upside Come see for yourself. Third bedroom doors will be reinserted if preferred or use as a converted additional dining room. Home has over $100k invested in 2019. Selling home below value for a quick sale

Last Agent to Sell the Property

Ubair Siddiqui

Kale Realty License #475165619 Listed on: 12/18/2019

Kale Realty

Last Buyer's Agent

Tabitha Murphy

Berkshire Hathaway HomeServices Chicago License #475132363

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,661

Year Built | Renovated

  • 1951 | 2019

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Corner Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Patio

Listing and Financial Details

  • $750 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,661

Year Built | Renovated

1951 | 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1000
  • Unfinished Basement Sq Ft: 900
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1951
  • Total Sq Ft: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 6
  • Living Room: Dimensions: 13X16, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 30X30, On Level: Basement
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level
  • Bedroom 2: Dimensions: 10X9, On Level: Main Level
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level
  • Estimated Sq Ft: 1000
  • Estimated Total Finished Sq Ft: 1000
  • Basement Sq Ft: 900
  • Main Level Sq Ft: 1000
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X10, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South), W (West)
  • Acreage: 0.2907

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 99
  • Elementary School: Whittier Elementary School
  • Middle School: Herrick Middle School
  • High School: North High School
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 12661
  • Lot Description: Corner
  • Parcel Identification Number: 0909307003

Tax Info

  • Taxes: 5866.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Mar 20, 2020
Sold by
Siddiqui Ubair
Bought by
Castaneda Jeffrey J
Seller's Agent
Ubair Siddiqui
Kale Realty
Buyer's Agent
Tabitha Murphy
Berkshire Hathaway HomeServices Chicago
List Price
$214,900
Sold Price
$196,000
Premium/Discount to List
-$18,900
-8.79%
Total Days on Market
61
Current Estimated Value
$337,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,929
Avg. Annual Appreciation
11.02%
Original Mortgage
$196,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Listed on
Oct 25, 2018
Closed on
Nov 16, 2018
Sold by
Us Bank Na
Bought by
Siddiqui Ubair
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Ubair Siddiqui
Kale Realty
List Price
$137,500
Sold Price
$130,500
Premium/Discount to List
-$7,000
-5.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.74%
Original Mortgage
$140,000
Interest Rate
9.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 29, 2018
Sold by
Trinko Genevieve A
Bought by
Us Bank Na and Rmac Trust
Source: Public Records

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Range of Values:

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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
Castaneda Jeffrey J $196,000 First American Title
Siddiqui Ubair $130,500 Attorney
Us Bank Na -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castaneda Jeffrey J $50,000
Open Castaneda Jeffrey J $196,669
Closed Castaneda Jeffrey J $196,000
Previous Owner Siddiqui Ubair $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $196,000 -4.3% $196 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $204,900 -4.7% $205 / Sq Ft
12/18/2019 12/18/19 For Sale $214,900 +64.7% $215 / Sq Ft
11/30/2018 11/30/18 Sold $130,500 -5.1% --
11/02/2018 11/02/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $137,500 -- --
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
2023 $6,661 $120,050 $86,360 $33,690
2022 $6,467 $115,880 $83,360 $32,520
2021 $6,052 $114,560 $82,410 $32,150
2020 $6,273 $112,290 $80,780 $31,510
2019 $6,085 $107,740 $77,510 $30,230
2018 $5,866 $102,640 $77,230 $25,410
2017 $5,690 $98,770 $74,320 $24,450
2016 $5,590 $94,260 $70,930 $23,330
2015 $5,546 $88,680 $66,730 $21,950
2014 $5,324 $88,590 $64,880 $23,710
2013 $5,215 $88,180 $64,580 $23,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10594828

Midwest Real Estate Data (MRED)

APN: 09-09-307-003