NOT LISTED FOR SALE

380 May Ave Glen Ellyn, IL 60137

Estimated Value: $1,058,000 - $1,355,000

4 Beds
4.5 Baths
3,250 Sq Ft
$357/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $870,000 $268 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,994/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Landscaped Professionally
  • Vaulted Ceiling
  • Benjamin Franklin Elementary School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of June 2022

This location checks all the boxes if you are looking for a great home in downtown Glen Ellyn! This beautiful & cherished home was rehabbed in 2004 by a local, quality builder and constructed for the current family, but with future families in mind! 3 bedrooms are on the 2nd level, with a sitting room off the master (which can be easily and quickly converted to a private 4th bedroom with access from the main hall). The 2nd-floor bath is large and also has a full-size washer/dryer. Guest privacy? NO PROBLEM. The guest bedroom on the first floor, with a full bath, can be closed off to the rest of the house. The main floor office/library is separate and is private and perfect for a work-from-home need. Open concept kitchen with honed marble and cherry cabinets and even a fireplace for cozy dinners and roasting marshmallows for dessert! Separate formal dining space, mudroom, and powder room. The basement is full of even more surprises with a large finished space for family game/movie nights and a wet bar/refrigerator for snacks! The finished room off recreation space can be an office/craft room or workout room - your call! The side lot is charming and feels private under the pergola. Don't miss the oversized 2-car garage with an awesome finished space over the garage! Loads of storage and even an extra laundry area. 2 heating systems, 2 a/c's keep utility bills low! Two blocks to Ben Franklin grade school. Close to High School, Lake Ellyn, Train, Town.

Last Agent to Sell the Property

Cynthia Windeler

Keller Williams Premiere Properties License #471020034 Listed on: 04/09/2022

Keller Williams Premiere Properties

Co-Listed By

Margaret Giffin

Keller Williams Premiere Properties License #475155714

Last Buyer's Agent

Jennifer Rasmussen

@properties Christie's International Real Estate License #475141431

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,885

Year Built

  • Built in 1955

Lot Details

  • 9,592 Sq Ft Lot
  • Lot Dimensions are 67x174
  • Landscaped Professionally
  • Corner Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,250 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Finished Basement Bathroom

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Patio
  • Fire Pit
  • Pergola

Schools

  • Ben Franklin Elementary School
  • Hadley Junior High School
  • Glenbard West High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • 2 Story

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,885

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Rebuilt Year: 2004
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 615
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, Second Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Bookcases
  • LivingArea: 3250
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump, Air Purifier
  • Room Type: Office, Bonus Room, Utility Room-Lower Level, Sitting Room, Mud Room, Walk In Closet, Recreation Room, Eating Area
  • Estimated Total Finished Sq Ft: 3865
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3250
  • Basement Sq Ft: 843
  • Fireplace Location: Living Room
  • Total Sq Ft: 4093
  • Unfinished Basement Sq Ft: 228
  • Main Level Sq Ft: 3250
  • Door Features: French Doors

Exterior Features

  • ExteriorFeatures: Patio, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 825000
  • Lot Features: Corner Lot, Landscaped
  • OtherStructures: Pergola
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air, Zoned, Dual
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Laundry Features: Multiple Locations
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ben Franklin Elementary School
  • High School: Glenbard West High School
  • Middle/Junior School: Hadley Junior High School
  • Middle/Junior School District: 41

Lot Info

  • Lot Size Acres: 0.2202
  • Lot Dimensions: 67X174
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 18885
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Jun 16, 2022
Sold by
Groesch Andrew J and Nelson Joellyn
Bought by
Bankmann Daniel and Bankmann Samantha
Seller's Agent
Cynthia Windeler
Keller Williams Premiere Properties
Buyer's Agent
Jennifer Rasmussen
@properties Christie's International Real Estate
List Price
$825,000
Sold Price
$870,000
Premium/Discount to List
$45,000
5.45%
Current Estimated Value
$1,159,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,081
Avg. Annual Appreciation
9.08%
Original Mortgage
$696,000
Outstanding Balance
$657,587
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$501,494

Purchase Details

Closed on
Oct 27, 2006
Sold by
Groesch Andrew J
Bought by
Groesch Andrew J and Groesch Joellyn Nelson

Purchase Details

Closed on
Feb 19, 2003
Sold by
Schulte Michael E
Bought by
Groesch Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.95%

Purchase Details

Closed on
Jul 19, 2002
Sold by
Bodine Laurence and Dvorak Dorian M
Bought by
Schulte Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.12%

Purchase Details

Closed on
Jun 27, 1997
Sold by
Alguire Richard O and Alguire Nancy
Bought by
Bodine Laurence and Dvorak Dorian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 26, 1994
Sold by
Cahill Francis W and Cahill Loretta
Bought by
Alguire Richard O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.6%
Source: Public Records

Range of Values:

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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
Bankmann Daniel $870,000 Fidelity National Title
Groesch Andrew J -- None Available
Groesch Andrew J $286,000 --
Schulte Michael E $270,000 --
Bodine Laurence $182,000 --
Alguire Richard O $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bankmann Daniel $696,000
Previous Owner Groesch Andrew J $200,000
Previous Owner Schulte Michael E $216,000
Previous Owner Bodine Laurence $163,000
Previous Owner Alguire Richard O $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $870,000 +5.5% $268 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $825,000 -- $254 / 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 $21,883 $314,307 $41,164 $273,143
2023 $20,944 $289,310 $37,890 $251,420
2022 $20,022 $273,410 $35,800 $237,610
2021 $19,264 $266,920 $34,950 $231,970
2020 $18,885 $264,430 $34,620 $229,810
2019 $18,473 $257,460 $33,710 $223,750
2018 $16,289 $225,970 $32,840 $193,130
2017 $16,055 $217,640 $31,630 $186,010
2016 $16,279 $208,950 $30,370 $178,580
2015 $16,252 $199,340 $28,970 $170,370
2014 $14,530 $172,590 $17,900 $154,690
2013 $14,145 $173,100 $17,950 $155,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11366141

Midwest Real Estate Data (MRED)

APN: 05-13-100-005