NOT LISTED FOR SALE

4030 Elm St Downers Grove, IL 60515

Estimated Value: $319,000 - $355,000

2 Beds
1 Bath
888 Sq Ft
$377/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $270,000 $304 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,155/month

3 Days on Market

Highlights

  • Deck
  • Property is near a park
  • 2.5 Car Detached Garage
  • Highland Elementary School Rated A-
  • Ranch Style House
  • 1-minute walk to Wallingford Park

About This Home

As of May 2023

CALLING ALL INVESTORS & BUILDERS to this charming, ranch style 2 bed, 1 bath home on quiet, desirable Elm Street! Enjoy an open, cozy living/dining layout, making it easy to entertain. The kitchen offers newer stainless steal appliances and great cabinet storage for the space. The equal sized bedrooms on the north side of the home feature custom made, wooden barn-style, closet doors, creating beautiful aesthetics and optimal functionality in your personal spaces! When the weather is nice, take advantage of the large deck and fenced in back yard for yard games, cookouts, bonfires and more! This property houses a detached, 2.5 car garage, separating your vehicles from your tools and equipment. -- 4030 Elm is in a walkable neighborhood, directly across from Wallingford Park. Less than five minutes from the public elementary, middle, and high schools, this home is also conveniently located to I-88, shops and eats in Downtown Downers Grove and the Metra Station for commuters. This is perfect for an investor or someone looking for a great piece of land to build their dream home! -- PROPERTY IS BEING SOLD "AS IS". -- RUN DON'T WALK, THIS WILL GO QUICK!

Last Agent to Sell the Property

Benjamin Ramos

@properties Christie's International Real Estate License #475198264 Listed on: 03/28/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Stephen Blount

Keller Williams Infinity License #475174398

Keller Williams Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,726

Year Built

  • Built in 1956 | Remodeled in 2019

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House

Interior Spaces

  • 888 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Highland Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near a park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,726

Year Built

Built in 1956 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 888
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 888
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 888
  • Total Sq Ft: 888
  • Main Level Sq Ft: 888
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 275000
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1722
  • Lot Dimensions: 50 X 150
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3726.14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Apr 26, 2023
Sold by
Trust Number 8002373770
Bought by
Ramos Josefina
Seller's Agent
Benjamin Ramos
@properties Christie's International Real Estate
Buyer's Agent
Stephen Blount
Keller Williams Infinity
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Views
177
Current Estimated Value
$334,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,497
Avg. Annual Appreciation
9.22%
Original Mortgage
$256,500
Outstanding Balance
$249,674
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$84,823

Purchase Details

Closed on
Feb 22, 2017
Sold by
Krauskopf Timothy K
Bought by
Chicago Title Land Trust Company and Trust #8002373770

Purchase Details

Listed on
Nov 25, 2013
Closed on
Apr 28, 2014
Sold by
Perez Sherrell L and Estate Of Abelardo A Perez
Bought by
Krauskopf Timothy E
Seller's Agent
Anna Kisiel
HOME MAX Properties
Buyer's Agent
Debra Krauskopf
PTH Realty LLC
List Price
$244,800
Sold Price
$211,500
Premium/Discount to List
-$33,300
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%

Purchase Details

Closed on
Apr 12, 2001
Sold by
Perez Sherrell L
Bought by
Perez Sherrell L and Perez Abelardo A

Purchase Details

Closed on
Aug 15, 2000
Sold by
Venezio Raymond C
Bought by
Perez Sherrell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
8.12%

Purchase Details

Closed on
Sep 1, 1995
Sold by
Larimer James L and Larimer Carolyn J
Bought by
Venezio Raymond C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
7.76%
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
Ramos Josefina $270,000 Chicago Title
Chicago Title Land Trust Company -- Attorney
Krauskopf Timothy E $211,500 None Available
Perez Sherrell L -- --
Perez Sherrell L $151,500 --
Venezio Raymond C $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Josefina $256,500
Previous Owner Perez Sherrell L $121,200
Previous Owner Venezio Raymond C $57,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $270,000 -1.8% $304 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $275,000 +30.0% $310 / Sq Ft
04/28/2014 04/28/14 Sold $211,500 -8.0% -- View Prior Sale
03/20/2014 03/20/14 Pending -- -- --
01/09/2014 01/09/14 Price Changed $230,000 -3.6% --
12/31/2013 12/31/13 Price Changed $238,500 -2.6% --
11/25/2013 11/25/13 For Sale $244,800 -- --
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 $4,497 $86,557 $47,374 $39,183
2023 $4,254 $79,570 $43,550 $36,020
2022 $3,983 $73,680 $41,040 $32,640
2021 $3,726 $72,840 $40,570 $32,270
2020 $3,654 $71,400 $39,770 $31,630
2019 $3,530 $68,510 $38,160 $30,350
2018 $3,393 $65,360 $37,910 $27,450
2017 $3,278 $62,890 $36,480 $26,410
2016 $3,204 $60,020 $34,820 $25,200
2015 $3,157 $56,470 $32,760 $23,710
2014 $3,042 $53,190 $31,850 $21,340
2013 $2,979 $52,940 $31,700 $21,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11746651

Midwest Real Estate Data (MRED)

APN: 09-05-113-015