NOT LISTED FOR SALE

4050 Douglas Rd Downers Grove, IL 60515

Estimated Value: $1,951,000 - $2,089,691

6 Beds
5.5 Baths
7,614 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $1,850,000 $243 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,264/month

16 Days on Market

Highlights

  • Second Kitchen
  • Multiple Garages
  • Family Room with Fireplace
  • Highland Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of August 2022

Too good to be true?! This is THE ONE! Unbelievable opportunity...location, aesthetic, luxury, comfort, entertainment... this one has it all. Curb appeal, brick and stone masonry, stunning landscape and heated in-ground pool, including built-in outdoor kitchen and fireplace. Three full finished levels offering a main floor primary suite (or second option on second floor), two kitchens (main & lower levels), full walkout lower level with entertaining space, laundry facilities on every floor, handsome office with floor to ceiling solid wood detailing, workout room on second floor with shock absorbent flooring, private ensuite baths...the list of features is endless. Impeccable craftsmanship, incredibly well maintained and move-in ready. Top performing public and private schools including Highland ES, Herrick MS and Downers Grove North HS. And did we mention the stellar location? Minutes from beautiful downtown Downers Grove, five-star restaurants, shopping, business and transport centers. Welcome home!

Last Agent to Sell the Property

Katherine Karvelas

@properties Christie's International Real Estate License #475173937 Listed on: 06/28/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Anne Hodge

Compass License #475160074

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,218

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 100x274

Parking

  • 3 Car Garage
  • Multiple Garages
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 7,614 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Home Gym

Kitchen

  • Second Kitchen
  • Gas Oven
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry in multiple locations

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Schools

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

Utilities

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

Community Details

  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,218

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2007
  • Age: 11-15 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Disposal, Range Hood, Gas Oven
  • Basement: Full, Walkout
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, Second Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Open Floorplan, Some Carpeting, Special Millwork, Drapes/Blinds, Granite Counters, Some Wall-To-Wall Cp
  • LivingArea: 7614
  • Room Type: Bedroom 5, Exercise Room, Kitchen, Game Room, Bedroom 6
  • Estimated Total Finished Sq Ft: 7614
  • Assessed Sq Ft: 4969
  • Basement Description: Finished,Exterior Access,Rec/Family Area
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 7614
  • Fireplace Location: Family Room,Living Room,Basement
  • Square Footage Comments: Above Grade Square Feet 4969
  • Total Sq Ft: 7614
  • Upper Level Sq Ft: 2122
  • Main Level Sq Ft: 2760
  • Lower Level Sq Ft: 2732
  • Bathroom: Full
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 1850000
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 4
  • Number of Cars: 7
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Type: Island,Pantry-Walk-in,Breakfast Room,Custom Cabinetry,Granite Counters

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Multiple Locations
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Pool, Sidewalks
  • Master Association Fee: No
  • 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

  • Lot Dimensions: 100X274
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 24217.92
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 18, 2022
Sold by
Johnson Edwin J and Johnson Lynne A
Bought by
Oconnor Bridgette and Oconnor Gregory
Seller's Agent
Katherine Karvelas
@properties Christie's International Real Estate
Buyer's Agent
Anne Hodge
Compass
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$2,029,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,173
Avg. Annual Appreciation
3.01%
Original Mortgage
$1,100,000
Outstanding Balance
$1,048,398
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$980,776

Purchase Details

Closed on
May 25, 2007
Sold by
Arb Custom Homes Inc
Bought by
Johnson Edwin J and Johnson Lynne A

Purchase Details

Closed on
Oct 27, 2006
Sold by
Gentile Michael and Bucaro Anthony R
Bought by
Arb Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Augustynowiez Theresa and Aulig Theresa
Bought by
Gentile Michael and Bucaro Anthony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Oconnor Bridgette $1,850,000 Proper Title
Johnson Edwin J $1,610,000 Ticor Title
Arb Custom Homes Inc -- Ctic Dupage
Gentile Michael $440,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Bridgette $1,100,000
Previous Owner Arb Custom Homes Inc $1,064,000
Previous Owner Gentile Michael $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $1,850,000 0.0% $243 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $1,850,000 -- $243 / 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 $29,569 $524,472 $104,799 $419,673
2023 $28,184 $482,140 $96,340 $385,800
2022 $26,348 $458,690 $91,650 $367,040
2021 $24,667 $453,480 $90,610 $362,870
2020 $24,218 $444,500 $88,820 $355,680
2019 $23,748 $426,500 $85,220 $341,280
2018 $25,354 $449,610 $84,650 $364,960
2017 $24,580 $432,650 $81,460 $351,190
2016 $23,850 $408,150 $77,790 $330,360
2015 $23,642 $384,000 $73,190 $310,810
2014 $24,484 $385,830 $71,160 $314,670
2013 $23,991 $384,030 $70,830 $313,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11427819

Midwest Real Estate Data (MRED)

APN: 09-05-208-021