NOT LISTED FOR SALE

3514 Madison Ave Brookfield, IL 60513

Estimated Value: $358,000 - $421,000

3 Beds
2 Baths
1,800 Sq Ft
$221/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $340,000 $189 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,874/month

5 Days on Market

Highlights

  • Family Room with Fireplace
  • Finished Attic
  • Detached Garage
  • S. E. Gross Middle School Rated 9+
  • Formal Dining Room

About This Home

As of November 2021

Location Location! What an amazing spot to live in the lovely Brookfield 8 corners area! All brick 3bedroom 2 full bath gorgeous updated home with a side drive and a huge backyard! I wont stop there this home has a large living room open to the formal dining room open to the updated kitchen which includes granite, tile backsplash, custom cabinets, stainless appliances, and a breakfast bar! Did I say open floor plan that is exceptional for hosting parties or just the normal night of cooking dinner with the family! Basement has an open floor plan as well with a beautiful stone gas fireplace perfect for those cozy fall/winter Netflix nights coming up, full bath with shower stall, Separate laundry area with a large open storage space so you do not have to pack the big 2.5 car garage. The yard is another oasis to hang out catch great sun and shade with a deck and separate cement patio. This is the one you have been looking for! It is close to the park, restaurants, bars, a few blocks from the train but far enough. Welcome to 3514 Madison.

Last Agent to Sell the Property

Christopher McAllister

McAllister Real Estate License #471002408 Listed on: 09/30/2021

Last Buyer's Agent

Brian Caron

Option Premier LLC License #471017757

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1947 | 2017

Lot Details

  • 5,227

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Finished Attic

Finished Basement

  • Fireplace in Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built | Renovated

1947 | 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • New Construction Y/N: No
  • Directions: Washington to Madison; South to home
  • Lot Size: 45 X 125
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1947
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Has Basement: Full
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Basement
  • Total Sq Ft: 0
  • Attic: Finished
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • Other Equipment: CO Detectors
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Fenced Yard
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt,Side Drive
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: In Unit
  • 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
  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 208
  • Middle Or Junior School: S E Gross Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 7906
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 1, 2021
Sold by
Klein Elyse
Bought by
Lim William and Young Kortney
Seller's Agent
Christopher McAllister
McAllister Real Estate
Buyer's Agent
Brian Caron
Option Premier LLC
List Price
$344,900
Sold Price
$340,000
Premium/Discount to List
-$4,900
-1.42%
Current Estimated Value
$405,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,554
Avg. Annual Appreciation
3.77%
Original Mortgage
$272,000
Outstanding Balance
$247,738
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$149,529

Purchase Details

Closed on
Jul 20, 2017
Sold by
Habitribe Fund I Llc
Bought by
Klein Elyse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2015
Closed on
Apr 26, 2016
Sold by
Bayview Loan Servicing Llc
Bought by
Habitribe Fund I Llc
Seller's Agent
Donald Wagner
Casey & Wagner Real Estate
Buyer's Agent
Alberto Canaveral
A&R Realty LLC
List Price
$164,900
Sold Price
$145,000
Premium/Discount to List
-$19,900
-12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%

Purchase Details

Closed on
Dec 15, 2015
Sold by
Borgias Barbara E
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Jun 17, 1998
Sold by
Sutter William M
Bought by
Borgias Michael E and Borgias Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
7.27%

Purchase Details

Closed on
Oct 4, 1993
Sold by
Sutter Judith M
Bought by
Sutter William M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lim William $340,000 Baird & Warner Ttl Svcs Inc
Klein Elyse $315,000 None Available
Habitribe Fund I Llc $145,000 None Available
Bayview Loan Servicing Llc -- Attorney
Borgias Michael E $151,500 --
Sutter William M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim William $272,000
Previous Owner Klein Elyse $115,000
Previous Owner Borgias Michael E $143,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2021 11/05/21 Sold $340,000 -1.4% $189 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $344,900 +137.9% $192 / Sq Ft
04/29/2016 04/29/16 Sold $145,000 -9.3% $146 / Sq Ft View Prior Sale
03/17/2016 03/17/16 Pending -- -- --
03/15/2016 03/15/16 Price Changed $159,900 -3.0% $161 / Sq Ft
02/24/2016 02/24/16 For Sale $164,900 0.0% $166 / Sq Ft
02/24/2016 02/24/16 Price Changed $164,900 -2.9% $166 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
01/25/2016 01/25/16 Price Changed $169,900 -2.9% $171 / Sq Ft
01/12/2016 01/12/16 Price Changed $174,900 -2.8% $176 / Sq Ft
12/18/2015 12/18/15 For Sale $179,900 -- $181 / 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
2025 $9,283 $26,000 $4,219 $21,781
2024 $9,283 $26,000 $4,219 $21,781
2023 $9,658 $26,000 $4,219 $21,781
2022 $9,658 $23,952 $3,656 $20,296
2021 $8,023 $23,179 $3,656 $19,523
2020 $7,906 $23,179 $3,656 $19,523
2019 $6,178 $19,096 $3,234 $15,862
2018 $5,930 $19,096 $3,234 $15,862
2017 $7,223 $20,693 $3,234 $17,459
2016 $6,269 $19,338 $2,953 $16,385
2015 $5,980 $19,338 $2,953 $16,385
2014 $5,913 $19,338 $2,953 $16,385
2013 $6,428 $22,148 $2,953 $19,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11232988

Midwest Real Estate Data (MRED)

APN: 15-34-305-031-0000