NOT LISTED FOR SALE

400 E Niagara Ave Elmhurst, IL 60126

Estimated Value: $1,642,628 - $1,966,000

0.24 Acre
$7,501,696 Price per Acre
10,454 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $355,000

Est. 407% increase in value since last sale

Current estimated payment $12,611/month

4 Days on Market

Highlights

  • Senior Tax Exemptions
  • Jefferson Elementary School Rated A
  • 5-minute walk to Van Voorst Park

About This Lot

As of June 2020

The lot you want- 65 x 160 in great location. A perfect place to build your new home and within walking distance to sought after Jefferson School, Prairie Path and the York & Vallette business district. Home is a tear down, AS-IS (value is totally in the land). Don't miss this great opportunity.!

Last Listed By

Paula Pezza

Pezza Realty Corporation License #471018803 Listed on: 03/01/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,538

Year Built

  • 2021

Lot Details

Parking

  • Driveway

Schools

  • Jefferson Elementary School
  • Sandburg Middle School
  • York Community High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Additional Features

  • Lot Dimensions are 65 x 160
  • Crawl Space

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$9,538

Year Built

2021

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Interior Features

  • Basement Description: Crawl
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 160
  • Frontage Type: City Street
  • List Price: 389900
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Driveway: Asphalt

Utilities

  • Utilities: Electric to Site, Gas to Site, Water-Municipal, Water to Site

Schools

  • Elementary School: Jefferson Elementary School
  • High School: York Community High School
  • Middle/Junior School: Sandburg Middle School
  • Middle/Junior School District: 205

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 65 X 160
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 9537.98
  • Tax Year: 2018
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Island Construction Inc
Bought by
Berning Matthias and Berning Erica
Total Days on Market
4
Current Estimated Value
$1,800,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2020
Closed on
Jun 30, 2020
Sold by
Mellinghausen Suzanne and Suzanne Mellinghausen Trust
Bought by
Island Construction Inc
Seller's Agent
Paula Pezza
Pezza Realty Corporation
Buyer's Agent
Tom Makinney
Compass
List Price
$389,900
Sold Price
$355,000
Premium/Discount to List
-$34,900
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.29%
Original Mortgage
$266,250
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 27, 2012
Sold by
Mellinghausen Suzanne and Mellinghausen Roberta Suzanne
Bought by
Mellinghausen Suzanne and Suzanne Mellinghausen Trust

Range of Values:

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Average Value
Not Available
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
Berning Matthias $1,406,500 Greater Illinois Title Co
Island Construction Inc $355,000 First American Title
Mellinghausen Suzanne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berning Matthias $235,157
Previous Owner Berning Matthias $1,100,000
Previous Owner Island Construction Inc $266,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $355,000 -9.0% --
03/05/2020 03/05/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $389,900 -- --
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
2023 $30,989 $518,450 $111,800 $406,650
2022 $27,906 $466,200 $107,470 $358,730
2021 $19,964 $104,800 $104,800 $0
2020 $8,167 $147,780 $102,500 $45,280
2019 $9,325 $162,380 $97,450 $64,930
2018 $9,538 $164,960 $92,240 $72,720
2017 $9,315 $157,200 $87,900 $69,300
2016 $9,100 $148,090 $82,810 $65,280
2015 $8,986 $137,970 $77,150 $60,820
2014 $12,568 $174,090 $61,510 $112,580
2013 $12,435 $176,550 $62,380 $114,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10651970

Midwest Real Estate Data (MRED)

APN: 06-12-410-001