NOT LISTED FOR SALE

405 Otis Ave Downers Grove, IL 60515

Estimated Value: $517,000 - $573,000

4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold July 12, 2018

Last sale price $335,000

Est. 60% increase in value since last sale

Current estimated payment $3,531/month

10 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Porch
  • Lester Elementary School Rated A-
  • Detached Garage
  • Breakfast Bar

About This Home

As of July 2018

Spacious updated ranch home. New kitchen cabinets, granite countertops, vinyl plank kitchen flooring, new dishwasher, oven range and gutters. New electric service too. Easy walk to train and grade school. Lester, Herrick, and Downers Grove North Schools. 5 mins to Metra, grade school, North High School & Good Samaritan Hospital. Hardwood floors under carpeting in most rooms. Everything has been done just move in and enjoy.

Last Agent to Sell the Property

David Mroch

Platinum Partners Realtors License #471003544 Listed on: 06/02/2018

Platinum Partners Realtors

Last Buyer's Agent

John Garry

Keller Williams Premiere Properties License #475147939

Keller Williams Premiere Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,999

Year Built

  • 1956

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Recreation Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,999

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 19X11, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 10X7, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 8X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 19X17, On Level: Basement
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch
  • Acreage: 0.1823

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 99
  • Elementary School: LESTER ELEMENTARY SCHOOL
  • Middle School: HERRICK MIDDLE SCHOOL
  • High School: NORTH HIGH SCHOOL
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 60 X 132
  • Parcel Identification Number: 0905420011

Tax Info

  • Taxes: 2306.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2020
Sold by
Gonzales Julie C and Weber Timothy M
Bought by
Gonzales Julie C and Weber Timothy M
Current Estimated Value
$537,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,550
Outstanding Balance
$229,096
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$285,305

Purchase Details

Listed on
Jun 2, 2018
Closed on
Jul 10, 2018
Sold by
Chicago Title Land Trust Co
Bought by
Gonzales Julie C
Seller's Agent
David Mroch
Platinum Partners Realtors
Buyer's Agent
John Garry
Keller Williams Premiere Properties
List Price
$359,000
Sold Price
$335,000
Premium/Discount to List
-$24,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$284,750
Interest Rate
4.75%
Mortgage Type
New Conventional
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
Gonzales Julie C -- Attorney
Gonzales Julie C -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Julie C $280,550
Closed Gonzales Julie C $284,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2018 07/12/18 Sold $335,000 -4.0% --
06/12/2018 06/12/18 Pending -- -- --
06/04/2018 06/04/18 Price Changed $349,000 -2.8% --
06/02/2018 06/02/18 For Sale $359,000 -- --
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 $7,999 $147,712 $70,979 $76,733
2023 $7,596 $135,790 $65,250 $70,540
2022 $6,714 $120,080 $61,780 $58,300
2021 $6,284 $118,720 $61,080 $57,640
2020 $6,166 $116,370 $59,870 $56,500
2019 $5,967 $111,660 $57,450 $54,210
2018 $2,223 $121,810 $57,110 $64,700
2017 $2,241 $117,220 $54,960 $62,260
2016 $2,306 $111,870 $52,450 $59,420
2015 $2,432 $105,250 $49,350 $55,900
2014 $2,507 $93,940 $43,620 $50,320
2013 $2,468 $93,500 $43,420 $50,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09971172

Midwest Real Estate Data (MRED)

APN: 09-05-420-011