NOT LISTED FOR SALE

402 Sherman St Downers Grove, IL 60515

Estimated Value: $434,000 - $486,000

3 Beds
2 Baths
1,547 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $350,000 $226 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,924/month

3 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • 1 Car Detached Garage
  • Lester Elementary School Rated A-
  • Fenced Yard
  • Porch

About This Home

As of June 2022

Great open floor concept highlights this well cared for home! As you enter the home, hardwood floors will lead you to the spacious living room. Updated kitchen features loads of cabinets, newer counter tops, center island/breakfast bar and new dishwasher. Second level has two nice sized bedrooms with parquet flooring and full updated bath. Third level is the primary bedroom complete with full bath, large walk in closet, reading nook and storage area. Lower level features finished family room, utility room with washer/dryer, new furnace and new sump pump. You will be spending your summer days entertaining on the private brick paver patio and nights around the fire pit in the large fenced in back yard. All you need to do is call the movers! Home is ready to meet its new owners!

Last Agent to Sell the Property

Karen Alexa-Gillespie

RE/MAX Action License #475089742 Listed on: 05/06/2022

RE/MAX Action

Co-Listed By

John Gillespie

RE/MAX Action License #475079704

Last Buyer's Agent

Tabitha Murphy

Berkshire Hathaway HomeServices Chicago License #475132363

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,706

Year Built

  • Built in 1951

Lot Details

  • 7,322 Sq Ft Lot
  • Lot Dimensions are 55x133
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

  • Tri-Level Property
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,547 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park

Schools

  • Lester Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,706

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1951
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors
  • LivingArea: 1547
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Interior Stair

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 335000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lester Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Lot Size Acres: 0.1681
  • Lot Dimensions: 55X133
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4706
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 12, 2022
Sold by
Janicek Katherine L and Janicek Kamron
Bought by
Lehmann John A and Murray Kelly C
Seller's Agent
Karen Alexa-Gillespie
RE/MAX Action
Buyer's Agent
Tabitha Murphy
Berkshire Hathaway HomeServices Chicago
List Price
$335,000
Sold Price
$350,000
Premium/Discount to List
$15,000
4.48%
Current Estimated Value
$466,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,005
Avg. Annual Appreciation
7.52%
Original Mortgage
$280,000
Outstanding Balance
$268,515
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$175,449

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jul 17, 2015
Sold by
Barr Paul G and Barr Karen M
Bought by
Janicek Katherine L
Seller's Agent
Tracy Driscoll
Platinum Partners Realtors
Buyer's Agent
Karen Alexa-Gillespie
RE/MAX Action
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$229,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1996
Sold by
Cady John P and Cady Dina L
Bought by
Barr Paul G and Barr Hwkaren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,976
Interest Rate
7.46%
Mortgage Type
FHA
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
Lehmann John A $350,000 Galanopoulos & Galgan
Janicek Katherine L $270,000 Attorneys Title Guaranty Fun
Barr Paul G $135,000 Collar Counties Title Plant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehmann John A $280,000
Previous Owner Janicek Katherine L $229,500
Previous Owner Barr Paul G $132,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $350,000 +4.5% $226 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $335,000 +24.1% $217 / Sq Ft
07/20/2015 07/20/15 Sold $270,000 -1.8% $221 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $275,000 -- $225 / 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 $5,557 $105,071 $52,204 $52,867
2023 $5,266 $96,590 $47,990 $48,600
2022 $5,030 $91,460 $45,440 $46,020
2021 $4,706 $90,420 $44,920 $45,500
2020 $4,616 $88,630 $44,030 $44,600
2019 $4,464 $85,040 $42,250 $42,790
2018 $4,399 $83,190 $42,000 $41,190
2017 $4,254 $80,060 $40,420 $39,640
2016 $4,163 $76,410 $38,580 $37,830
2015 $4,109 $71,890 $36,300 $35,590
2014 $3,744 $64,080 $32,080 $32,000
2013 $3,667 $63,780 $31,930 $31,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11395882

Midwest Real Estate Data (MRED)

APN: 09-05-416-026