NOT LISTED FOR SALE

3902 Sterling Rd Downers Grove, IL 60515

Estimated Value: $1,016,000 - $1,159,000

5 Beds
5 Baths
4,061 Sq Ft
$269/Sq Ft Est. Value

Last Sold September 09, 2013

Last sale price $500,000 $123 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $7,032/month

4 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Traditional Architecture
  • Highland Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2013

**MULTIPLE OFFERS. HIGHEST & BEST DUE 8/16/13 @ 9AM**EXCELLENT OPPORTUNITY FOR BUILDERS. 4000+SQF REO W/ ALL BRICK/STONE EXTERIOR BUILT IN '08. BEAUTIFUL HDWD FLRS, HIGH CEILINGS, & GREAT LAYOUT. 3 CAR GARAGE, FULL BASEMENT,. PICK YOUR KITCHEN, FIXTURES & FINISHES AND YOU'LL HAVE A FANTASTIC ALTERNATIVE TO BUILDING NEW CONST...SOLD AS-IS. NO SURVEY/DISCLOSURES. SELLERS ADDENDUM TO FOLLOW. POF REQUIRED W/ ALL OFFERS

Last Agent to Sell the Property

Eric Egeland

GenStone Realty License #471008764 Listed on: 08/12/2013

Last Buyer's Agent

Linda Palamar

Charles Rutenberg Realty of IL License #475122989

Charles Rutenberg Realty of IL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,494

Year Built

  • 2008

Lot Details

  • 0.39

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Rolled Roof
  • Stone Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Entrance Foyer
  • Sitting Room
  • Recreation Room
  • First Floor Utility Room
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Utilities

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

Additional Features

  • Deck
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,494

Year Built

2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 1-5 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2008
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 11
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Fireplace Location: Family Room, Basement
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 12X9, On Level: Main Level, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 21X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Rooms: 5th Bedroom, Foyer, Recreation Room, Sitting Room, Utility Room-1st Floor
  • Master Bedroom: Dimensions: 34X15, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Foyer, Dimensions: 23X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Utility Room-1st Floor, Dimensions: 10X15, On Level: Main Level
  • Bedroom 2: Dimensions: 18X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 4 Name: Sitting, Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 5 Name: 5th Bdrm, Dimensions: 16X13, On Level: Lower, Flooring: Hardwood, Windows: None
  • Additional Room 6 Name: Recreation Rm, Dimensions: 42X26, On Level: Lower, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 4061
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X19, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Stone
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Brick
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 400 Amp Service or Greater
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

  • School District: 99
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 14908 SF
  • Lot Description: Corner
  • Parcel Identification Number: 0905202028

Tax Info

  • Taxes: 15570.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2013
Closed on
Sep 3, 2013
Sold by
Synergy Property Holdings Llc
Bought by
Lorenz Tony and Lara Lorenz Zelvia
Seller's Agent
Eric Egeland
GenStone Realty
Buyer's Agent
Linda Palamar
Charles Rutenberg Realty of IL
List Price
$439,000
Sold Price
$500,000
Premium/Discount to List
$61,000
13.9%
Current Estimated Value
$1,094,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,111
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
May 11, 2012
Sold by
Premier Estates Llc
Bought by
Synergy Property Holdings Llc

Purchase Details

Closed on
Aug 25, 2008
Sold by
Wayne Hummer Trust Co Na
Bought by
Premier Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1997
Sold by
Patrick Annabell
Bought by
Hinsbrook Bank & Trust and Trust #97008
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
Lorenz Tony $500,000 Chicago Title Insurance Comp
Synergy Property Holdings Llc -- None Available
Premier Estates Llc -- Git
Hinsbrook Bank & Trust -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Premier Estates Llc $995,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2013 09/09/13 Sold $500,000 +13.9% $123 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $439,000 -- $108 / 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 $14,494 $261,159 $86,741 $174,418
2023 $13,796 $240,080 $79,740 $160,340
2022 $13,340 $232,670 $75,870 $156,800
2021 $12,489 $230,030 $75,010 $155,020
2020 $12,261 $225,470 $73,520 $151,950
2019 $11,879 $216,340 $70,540 $145,800
2018 $12,153 $218,640 $70,160 $148,480
2017 $11,075 $198,230 $84,340 $113,890
2016 $10,864 $189,180 $80,490 $108,690
2015 $10,757 $177,990 $75,730 $102,260
2014 $10,406 $167,430 $73,630 $93,800
2013 $10,195 $166,650 $73,290 $93,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08419212

Midwest Real Estate Data (MRED)

APN: 09-05-202-028