NOT LISTED FOR SALE

40 S Parkway Dr Naperville, IL 60540

Downtown Naperville Neighborhood

Estimated Value: $1,647,000 - $2,044,000

5 Beds
5 Baths
4,558 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $1,150,000 $252 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $12,207/month

40 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub
  • Attached Garage
  • Naper Elementary School Rated A
  • Formal Dining Room
  • 2-minute walk to Burlington Park

About This Home

As of May 2021

40 s Parkway is a gorgeous Micon built home that is 4900 sq ft not including the finished 2312 sq ft basement. This home has a recently updated gorgeous kitchen with quartz counter tops, new tile, refinished hardwood flooring and painting. The 5 bedroom 5 bath home is the epitome of luxury with a entertainers dream backyard. Outdoor kitchen and outdoor living space overlooks this fantastic outdoor in-ground pool! The backyard is fenced on BOTH lots to open up to THIS lot. The basement has a separate living quarters with full kitchen, bedroom, full bath, high tech movie theatre and super cute play area. The master bedroom has a balcony overlooking the backyard and has the best MASTER CLOSET around!!VERY RARE for this size lot just blocks to the Riverwalk, beach, downtown and award winning schools. 40 S Parkway is getting a brand new concrete driveway and sidewalk to the backyard. Call us to view this amazing home.

Last Agent to Sell the Property

Walter Burrell

Coldwell Banker Realty License #475163963 Listed on: 03/08/2021

Coldwell Banker Realty

Last Buyer's Agent

Arif Molla

Milestone Real Estate, LLC License #471020830

Home Details

Home Type

  • Single Family

Year Built

  • 2003

Lot Details

  • 0.3

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 4,558 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Accessible Home Design

  • Handicap Shower
  • Accessibility Features

Home Details

Home Type

Single Family

Year Built

2003

Lot Details

0.3 Acres

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Ogden to Washinton South to Jefferson West to Parkway to Home
  • Lot Size: 75X175
  • Master Model: MICON
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 2003

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Full
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 4558
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Handicap Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Master Bedroom
  • Total Sq Ft: 4558
  • Accessibility Features: Door Width 32 Inches or More, Hall Width 36 Inches or More, Stair Lift, Accessible Elevator Installed, Stair Lift
  • Full Bathrooms: 5
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Bar-Wet, Elevator, Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Separate Dining Room
  • Dining Room Type: Bedroom 5, Office, Mud Room, Foyer, Recreation Room, Play Room, Theatre Room, Walk In Closet, Kitchen

Exterior Features

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

Garage/Parking

  • Number of Cars: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Curbs, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 203
  • Middle Or Junior School: Washington Junior High School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 25317
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
Molla Arif and Molla Elizabeth
Bought by
Elizabeth M Molla Revocable Trust
Current Estimated Value
$1,816,145

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 19, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Molla Arif and Molla Elizabeth
Seller's Agent
Walter Burrell
Coldwell Banker Realty
Buyer's Agent
Arif Molla
Milestone Real Estate, LLC
List Price
$1,299,000
Sold Price
$1,150,000
Premium/Discount to List
-$149,000
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$1,025,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2017
Sold by
Yusuf Asad and Yusuf Mariam
Bought by
Chicago Title Land Trust Co and Trust Number 8002375504

Purchase Details

Closed on
Jan 14, 2013
Sold by
Yusuf Amina
Bought by
Yusuf Asad and Yusuf Mariam

Purchase Details

Closed on
Aug 21, 2003
Sold by
Standard Bank & Trust Co
Bought by
Yusuf Amina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Standard Bank & Trust Company
Bought by
Standard Bank & Trust Co and Trust #17418

Purchase Details

Closed on
Apr 19, 2002
Sold by
Colton Elaine M
Bought by
Standard Bank & Trust Company and Trust #16929

Purchase Details

Closed on
May 19, 2000
Sold by
Colton Elaine M
Bought by
Colton Elain M and Trust #1
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
Elizabeth M Molla Revocable Trust -- None Listed On Document
Molla Arif $1,150,000 Chicago Title
Chicago Title Land Trust Co -- Chicago Title Land Trust Com
Yusuf Asad -- None Available
Yusuf Amina $990,000 Atg
Standard Bank & Trust Co -- --
Standard Bank & Trust Company $280,000 --
Colton Elain M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molla Arif $1,025,000
Previous Owner Yusuf Amina $792,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $1,150,000 -11.5% $252 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $1,299,000 -- $285 / 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 $30,821 $514,204 $145,122 $369,082
2023 $29,248 $462,040 $130,400 $331,640
2022 $25,295 $397,480 $125,220 $272,260
2021 $24,424 $383,300 $120,750 $262,550
2020 $26,223 $412,380 $120,750 $291,630
2019 $25,317 $392,220 $114,850 $277,370
2018 $24,547 $381,010 $110,610 $270,400
2017 $24,065 $368,090 $106,860 $261,230
2016 $23,374 $353,250 $102,550 $250,700
2015 $23,440 $335,410 $97,370 $238,040
2014 $23,527 $326,650 $94,740 $231,910
2013 $23,362 $328,920 $95,400 $233,520
Source: Public Records

Agents Affiliated with this Home

  • Walter Burrell

    Seller's Agent in 2021

    Walter Burrell

    Coldwell Banker Realty

    (630) 514-2237

    45 in this area

    219 Total Sales

    Walter Burrell
    Section Image

  • A

    Buyer's Agent in 2021

    Arif Molla

    Milestone Real Estate, LLC

    (630) 849-1265

    1 in this area

    37 Total Sales

    Arif Molla
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11013611

Midwest Real Estate Data (MRED)

APN: 07-13-308-004

Illinois DuPage County Naperville 60540 Downtown Naperville

40 S Parkway Dr, Naperville, IL

Not Listed for Sale

Detached

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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