NOT LISTED FOR SALE

40 W Potomac Ave Lombard, IL 60148

North Lombard Neighborhood

Estimated Value: $274,000 - $359,000

3 Beds
2 Baths
1,730 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $287,000 $166 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,258/month

49 Days on Market

Highlights

  • Detached Garage
  • 1-Story Property
  • Heated Garage
  • Pleasant Lane Elementary School Rated A-

About This Home

As of November 2021

Fabulous Ranch home on a street lined with mature trees in an excellent location! It's a quiet, family oriented neighborhood less than a mile to downtown Lombard, and walking distance to the beautiful Terrance View Park! Hardwood floors on the main level, newer windows, and a beautiful kitchen with SS appliances. The finished basement has a family room, laundry room, second bathroom and storage. The fenced back yard has privacy and a great deck for entertaining! The 2 car garage is heated and has extra space for work room!

Last Agent to Sell the Property

Beth Staes

Coldwell Banker Realty License #475184365 Listed on: 08/10/2021

Coldwell Banker Realty

Last Buyer's Agent

Carlos Matos

Core Realty & Investments Inc. License #475169306

Core Realty & Investments Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,135

Year Built

  • 1955

Lot Details

  • 9,148

Parking

  • Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Driveway
  • Parking Space is Owned

Home Design

  • Frame Construction

Interior Spaces

  • 1,730 Sq Ft Home
  • 1-Story Property
  • Finished Basement
  • Finished Basement Bathroom
  • Unfinished Attic

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,135

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch, Cape Cod
  • Directions: North Ave. 2 Main St., S. 2 Potomac, Rt. or West 2 home
  • Lot Size: 50 X 150
  • Master Model: RANCH
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 1730
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 865
  • Basement Sq Ft: 865
  • Total Sq Ft: 1730
  • Attic: Unfinished
  • Main Level Sq Ft: 865
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 865
  • Other Equipment: Humidifier, Ceiling Fan(s)
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Frame
  • Lot Features: Fenced Yard
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Transmitter(s),Heated
  • 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, 200+ Amp Service
  • Laundry Features: Sink
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Park View Elementary School
  • High School: Glenbard East High School
  • Junior High Dist: 87
  • Middle Or Junior School: Glenn Westlake Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5928.86
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Nov 11, 2021
Sold by
Wiersum Teresa J and Mckenna Teresa J
Bought by
Allen Jackson Francine and Jackson Anthony Scott
Seller's Agent
Beth Staes
Coldwell Banker Realty
Buyer's Agent
Carlos Matos
Core Realty & Investments Inc.
List Price
$310,000
Sold Price
$287,000
Premium/Discount to List
-$23,000
-7.42%
Current Estimated Value
$329,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,324
Avg. Annual Appreciation
3.59%
Original Mortgage
$600,000
Outstanding Balance
$550,556
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$221,232

Purchase Details

Closed on
Jul 16, 2007
Sold by
Johnson Howard R
Bought by
Wiersum Teresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1997
Sold by
Weimer Eric B and Weimer Susan L
Bought by
Johnson Howard R and Johnson Barbara H
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
Allen Jackson Francine $287,000 Chicago Title
Wiersum Teresa J $243,000 Fox Title Company
Johnson Howard R $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Jackson Francine $600,000
Closed Allen Jackson Francine $281,801
Previous Owner Wiersum Teresa J $194,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $287,000 -7.4% $166 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $310,000 -- $179 / 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 $6,135 $94,958 $25,705 $69,253
2023 $5,775 $87,810 $23,770 $64,040
2022 $6,257 $84,410 $22,850 $61,560
2021 $6,059 $82,310 $22,280 $60,030
2020 $5,929 $80,500 $21,790 $58,710
2019 $5,628 $76,540 $20,720 $55,820
2018 $5,229 $69,000 $18,680 $50,320
2017 $3,622 $48,650 $23,130 $25,520
2016 $3,508 $45,830 $21,790 $24,040
2015 $4,498 $56,070 $20,300 $35,770
2014 $4,699 $56,780 $25,270 $31,510
2013 $4,629 $57,580 $25,630 $31,950
Source: Public Records

Agents Affiliated with this Home

  • Beth Staes

    Seller's Agent in 2021

    Beth Staes

    Coldwell Banker Realty

    (630) 677-8891

    1 in this area

    11 Total Sales

    Beth Staes
    Section Image
  • Carlos Matos

    Buyer's Agent in 2021

    Carlos Matos

    Core Realty & Investments Inc.

    (773) 531-4983

    1 in this area

    34 Total Sales

    Carlos Matos
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11184912

Midwest Real Estate Data (MRED)

APN: 06-06-211-010

Illinois DuPage County Lombard 60148 North Lombard

40 W Potomac Ave, Lombard, IL

This home is located at 40 W Potomac Ave, Lombard, IL 60148 since 10 August 2021 and is currently estimated at $329,324, approximately $190 per square foot. This property was built in 1955. 40 W Potomac Ave is a home located in DuPage County with nearby schools including Pleasant Lane Elementary School, Park View Elementary School, and Madison Elementary School.

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