NOT LISTED FOR SALE

4028 Belle Aire Ln Downers Grove, IL 60515

Estimated Value: $1,717,000 - $2,147,000

5 Beds
7 Baths
7,000 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 03, 2013

Last sale price $1,362,500 $195 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $13,269/month

56 Days on Market

Highlights

  • Landscaped Professionally
  • Wooded Lot
  • Formal Dining Room
  • Belle Aire Elementary School Rated A-
  • Whirlpool Bathtub
  • Double Oven

About This Home

As of June 2013

NESTLED ON 1.9 ACRES OF PICTURESQUE GROUNDS BORDERED BY MATURE TREES & SHRUBS, THIS CUSTOM BUILT HOME W/GATED ENTRY IS ONE OF DOWNERS GROVE'S MOST PRECIOUS OFFERINGS. STEP INTO A WORLD OF INDULGENCE W/GRAND RM SIZES, HIGHLY CUSTOMIZED KITCHEN, DRAMATIC FAMILY RM, STUNNING HEARTH RM, LIBRARY W/BUILT-INS & AN OPULENT MASTER BDRM SUITE W/FP, OFFICETTE & ELEGANT SPA BATH. ENJOY THE EXPANSIVE DECK & 3+ CAR ATTACHED GARAGE

Last Agent to Sell the Property

Dawn McKenna

Coldwell Banker Realty License #475122904 Listed on: 02/18/2013

Coldwell Banker Realty

Last Buyer's Agent

Ginny Leamy

Compass License #475126031

Compass

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $31,022

Year Built

  • 1998

Lot Details

  • Landscaped Professionally
  • Wooded Lot

Parking

  • Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Formal Dining Room

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Basement Cellar

Schools

  • Belle Aire Elementary School
  • Downers Grove North High School

Utilities

  • Zoned Heating and Cooling
  • Lake Michigan Water
  • Mechanical Septic System

Property Details

Home Type

Other

Est. Annual Taxes

$31,022

Year Built

1998

Lot Details

0

Parking

3

Interior Features

  • Total # Of Rooms: 16
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: Humidifier, Central Vacuum, TV-Cable, TV-Dish, Security System, Intercom, CO Detectors, Ceiling Fan, Fan-Attic Exhaust, Fan-Whole House, Sump Pump
  • Fireplace Type/Details: See through/Multi Sided, Wood Burning, Gas Logs, Gas Starter, Heatilator Type System, Portable/Ventless
  • Fireplaces: 6
  • Attic: Full, Interior Stair, Unfinished
  • Basement: Full
  • Basement: Unfinished, Cellar
  • Basement Bathrooms: Yes
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 23X17
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 19X12
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 18X13
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 16X13
  • Fourth Bedroom Flooring: Hardwood
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Bidet
  • Living Room Level: Main Level
  • Living Room Size: 23X17
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 21X17
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 19X19
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Walk-in
  • Kitchen Level: Main Level
  • Kitchen Size: 18X15
  • Kitchen Flooring: Hardwood

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s), Heated
  • Driveway: Asphalt, Concrete, Circular

Utilities

  • Electricity: 200+ Amp Service, 400 Amp Service or Greater
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air, Radiant, Space Heater/s
  • Sewer: Septic-Mechanical

Schools

  • Elementary School: Belle Aire Elementary School
  • High School: Downers Grove North
  • Junior High Dist: 58
  • Junior High: Herrick Middle School

Lot Info

  • Lot Dimensions: 260 X 300
  • Lot Description: Landscaped Professionally, Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Raman Venkat and Raman Sree
Bought by
Sree J Raman Trust and Venket Raman Trust
Current Estimated Value
$1,928,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$590,512
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$1,244,188

Purchase Details

Closed on
Sep 16, 2019
Sold by
Sahana Llc
Bought by
Raman Venkat and Raman Sree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2016
Sold by
Raman Venkat R and Raman Sree
Bought by
Sahana Llc

Purchase Details

Listed on
Feb 18, 2013
Closed on
May 31, 2013
Sold by
Ingrassia Vito A and Carroccio Jeanine A
Bought by
Raman Venkat R and Raman Sree
Seller's Agent
Dawn McKenna
Coldwell Banker Realty
Buyer's Agent
Ginny Leamy
Compass
List Price
$1,499,999
Sold Price
$1,362,500
Premium/Discount to List
-$137,499
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$1,090,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Carroccio Jeanine A
Bought by
Ingrassia Vito A and Carroccio Jeanine A
Source: Public Records

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
Sree J Raman Trust -- None Listed On Document
Raman Venkat $1,200,000 Advisors Title Network Llc
Sahana Llc $1,325,000 Git
Raman Venkat R $1,362,500 None Available
Ingrassia Vito A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sree J Raman Trust $600,000
Previous Owner Raman Venkat $900,000
Previous Owner Raman Venkat R $1,090,000
Previous Owner Carroccio Jeanine A $1,300,375
Previous Owner Ingrassia Vito A $300,000
Previous Owner Ingrassia Vito A $1,100,000
Previous Owner Carroccio Jeanine A $1,850,000
Previous Owner Carroccio Jeanine A $950,000
Previous Owner Carroccio Jeanine A $334,000
Previous Owner Carroccio Jeanine A $770,000
Previous Owner Carroccio Jeanine A $672,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2013 06/03/13 Sold $1,362,500 -9.2% $195 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $1,499,999 -- $214 / 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
2023 $31,022 $563,140 $178,780 $384,360
2022 $31,022 $530,720 $168,490 $362,230
2021 $28,810 $520,450 $166,570 $353,880
2020 $28,301 $510,140 $163,270 $346,870
2019 $27,451 $489,480 $156,660 $332,820
2018 $28,885 $508,940 $155,810 $353,130
2017 $27,387 $478,740 $121,220 $357,520
2016 $26,555 $456,900 $115,690 $341,210
2015 $26,326 $429,860 $108,840 $321,020
2014 $25,238 $400,270 $105,820 $294,450
2013 $24,731 $398,390 $105,320 $293,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08273265

Midwest Real Estate Data (MRED)

APN: 09-06-202-013