NOT LISTED FOR SALE

4030 Sterling Rd Downers Grove, IL 60515

Estimated Value: $1,026,000 - $1,114,000

4 Beds
5 Baths
3,300 Sq Ft
$321/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $799,000 $242 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,005/month

5 Days on Market

Highlights

  • Living Room with Fireplace
  • Whirlpool Bathtub
  • Attached Garage
  • Highland Elementary School Rated A-
  • Formal Dining Room

About This Home

As of January 2022

Sellers unexpected relocation could be your buyer's opportunity! This super cool, all-brick house is ready for moving day. ALL floors on 2nd and 3rd levels have been updated to gorgeous refinished oak w/modern stain, plus the entire house has been painted - so fresh and clean! Home sits on a giant lot with exceptional outdoor space including a massive patio directly off the kitchen/dining combo plus a huge backyard that's lush and grassy. Excellent floorpan offers lots of flex space with large bedrooms and updated bathrooms, plus a huge basement w/bar and entertaining area and access to the backyard. Primary suite has all the amenities including walk-in closet, giant bathroom w/double vanity and separate tub and shower, plus bonus balcony over looking the beautiful yard! SO much closet space and room to expand. A true gem!

Last Agent to Sell the Property

Kevin Hinton

Keller Williams ONEChicago License #475170825 Listed on: 01/04/2022

Keller Williams ONEChicago

Co-Listed By

Emily Phair

Keller Williams ONEChicago License #475137629

Last Buyer's Agent

Patrick Murphy

United Real Estate - Chicago License #475132194

United Real Estate - Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,336

Year Built

  • 2005

Lot Details

  • 0.31

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,336

Year Built

2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Co List Office Mls Id: MRD87738
  • Co List Office Phone: (312) 216-2422
  • Directions: Located on the west side of Sterling between 40th and 41st
  • Lot Size: 50 X 274
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: Full
  • Fireplace Features: Wood Burning, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, Second Floor Laundry, Walk-In Closet(s)
  • Other Equipment: Humidifier, CO Detectors, Sump Pump, Backup Sump Pump;, Generator
  • Dining Room Type: Recreation Room, Balcony/Porch/Lanai, Terrace

Exterior Features

  • Exterior Features: Balcony, Deck, Fire Pit
  • Exterior Building Type: Brick
  • Lot Features: Fenced Yard
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Zoned
  • Electric: Circuit Breakers
  • Laundry Features: Gas Dryer Hookup, Sink
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Highland Elementary School
  • High School: North High School
  • Junior High Dist: 99
  • Middle Or Junior School: Herrick Middle School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 13440.26
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Jan 22, 2022
Sold by
Lempka and Ashley
Bought by
Buck Jacob and Buck Sulah
Seller's Agent
Kevin Hinton
Keller Williams ONEChicago
Buyer's Agent
Patrick Murphy
United Real Estate - Chicago
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
$1,060,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,490
Avg. Annual Appreciation
8.00%
Original Mortgage
$639,200
Outstanding Balance
$591,153
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$469,337

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 13, 2021
Sold by
Quast Peyton and Quast Lindsay
Bought by
Lempka Ryan and Altman Ashley
Seller's Agent
Lisa Hassen Field
Coldwell Banker Realty
Buyer's Agent
Emily Phair
Keller Williams ONEChicago
List Price
$775,000
Sold Price
$755,000
Premium/Discount to List
-$20,000
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$679,500
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2017
Closed on
Feb 1, 2018
Sold by
Schreiner Kenneth A and Schreiner Susan D
Bought by
Quast Peyton and Quast Lindsay
Seller's Agent
Lucy Matune
Baird & Warner
Buyer's Agent
Lisa Hassen Field
Coldwell Banker Realty
List Price
$798,000
Sold Price
$675,000
Premium/Discount to List
-$123,000
-15.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$540,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 8, 2005
Sold by
Hearth Properties Inc
Bought by
Schreiner Kenneth A and Schreiner Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 16, 2003
Sold by
Ernst Gerald E and Ernst Judith A
Bought by
Hearth Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,900
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1995
Sold by
Cosmopolitan Bank & Trust
Bought by
Ernst Gerald E and Ernst Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,400
Interest Rate
9.12%
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
Buck Jacob $799,000 Proper Title
Lempka Ryan $755,000 Greater Illinois Title Co
Quast Peyton $675,000 Baird & Warner Title Service
Schreiner Kenneth A $795,000 Ctic
Hearth Properties Inc $220,000 --
Ernst Gerald E -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buck Jacob $639,200
Previous Owner Lempka Ryan $679,500
Previous Owner Quast Peyton $540,000
Previous Owner Schreiner Kenneth A $359,650
Previous Owner Hearth Properties Inc $175,900
Previous Owner Ernst Gerald E $55,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2022 01/24/22 Sold $799,000 0.0% $242 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $799,000 +5.8% $242 / Sq Ft
04/06/2021 04/06/21 Sold $755,000 -2.6% $229 / Sq Ft View Prior Sale
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $775,000 +14.8% $235 / Sq Ft
02/09/2018 02/09/18 Sold $675,000 -4.9% $205 / Sq Ft View Prior Sale
01/08/2018 01/08/18 Pending -- -- --
11/13/2017 11/13/17 Price Changed $710,000 -5.3% $215 / Sq Ft
08/31/2017 08/31/17 Price Changed $750,000 -0.7% $227 / Sq Ft
08/04/2017 08/04/17 Price Changed $755,000 -2.6% $229 / Sq Ft
06/26/2017 06/26/17 Price Changed $775,000 -2.9% $235 / Sq Ft
05/09/2017 05/09/17 For Sale $798,000 -- $242 / 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 $16,336 $293,347 $52,399 $240,948
2023 $15,554 $269,670 $48,170 $221,500
2022 $14,622 $254,450 $45,830 $208,620
2021 $13,689 $251,560 $45,310 $206,250
2020 $13,440 $246,580 $44,410 $202,170
2019 $13,023 $236,590 $42,610 $193,980
2018 $13,217 $237,250 $42,360 $194,890
2017 $12,807 $228,300 $40,760 $187,540
2016 $12,566 $217,880 $38,900 $178,980
2015 $12,446 $204,990 $36,600 $168,390
2014 $12,348 $203,040 $35,590 $167,450
2013 $12,098 $202,090 $35,420 $166,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11298969

Midwest Real Estate Data (MRED)

APN: 09-05-207-013