NOT LISTED FOR SALE

408 E Palmer Ave Addison, IL 60101

Estimated Value: $322,838 - $355,000

4 Beds
2 Baths
1,075 Sq Ft
$312/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $245,000 $228 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,189/month

1 Day on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Screened Porch
  • Breakfast Bar
  • Southern Exposure

About This Home

As of August 2020

CHARMING 3 BEDROOM RANCH LOCATED IN THE HIGHLY DESIRABLE ADDISON. THIS NEWLY REMODELED HOME FEATURES NEW FLOORS, FRESHLY PAINTED, UPDATED FULL BATHROOMS, UPDATED KITCHEN WITH GRANITE COUNTER TOPS, AND STAINLESS STEEL APPLIANCES. ADDITIONAL SPACIOUS SUN ROOM. FINISHED BASEMENT WITH 4TH BEDROOM AND FULL BATH. PRIDE OF OWNER SHIP SHOW IN THIS WELL MAINTAINED HOME, READY TO MOVE IN!

Last Agent to Sell the Property

Oralia Herrera

Century 21 TK Realty License #471000493 Listed on: 06/22/2020

Century 21 TK Realty

Last Buyer's Agent

Saul Gutierrez

MVG Real Estate Inc License #471020510

Home Details

Home Type

  • Single Family

Year Built

  • 1956

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction

Kitchen

  • Breakfast Bar
  • Oven or Range

Finished Basement

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

Utilities

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

Additional Features

  • Screened Porch
  • Southern Exposure

Home Details

Home Type

Single Family

Year Built

1956

Lot Details

6,970 Sq Ft Lot

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
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range
  • Equipment: Humidifier, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 15X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Screened Porch
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Screened Porch, Dimensions: 12X19, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 9X12, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1075
  • Family Room: Dimensions: 16X24, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Exterior Property Features: Porch Screened
  • Exposure: S (South)
  • Acreage: 0.1676

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 64X118
  • Parcel Identification Number: 0328421017

Tax Info

  • Taxes: 4580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 18, 2020
Sold by
Espinoza Amalia
Bought by
Gutierrez Melissa
Seller's Agent
Oralia Herrera
Century 21 TK Realty
Buyer's Agent
Saul Gutierrez
MVG Real Estate Inc
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$335,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,460
Avg. Annual Appreciation
5.90%
Original Mortgage
$196,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2013
Sold by
Bautista Hugo
Bought by
Espinoza Amalia

Purchase Details

Closed on
Jun 4, 2010
Sold by
Oxford Bank & Trust
Bought by
Espinoza Amalia and Bautista Hugo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,575
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 1999
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Oxford Bank & Trust and Trust #768
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gutierrez Melissa $245,000 First American Title
Espinoza Amalia -- None Available
Espinoza Amalia $175,000 Pntn
Oxford Bank & Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Melissa $196,000
Previous Owner Espinoza Amalia $172,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2020 08/24/20 Sold $245,000 -2.0% $228 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $249,900 -- $232 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,527 $86,415 $37,551 $48,864
2023 $5,259 $79,440 $34,520 $44,920
2022 $5,034 $74,350 $32,220 $42,130
2021 $4,816 $71,210 $30,860 $40,350
2020 $4,679 $68,210 $29,560 $38,650
2019 $4,639 $65,580 $28,420 $37,160
2018 $4,580 $62,420 $27,050 $35,370
2017 $4,453 $59,650 $25,850 $33,800
2016 $4,320 $55,080 $23,870 $31,210
2015 $4,195 $50,880 $22,050 $28,830
2014 $4,048 $49,020 $20,210 $28,810
2013 $3,970 $50,020 $20,620 $29,400
Source: Public Records

Agents Affiliated with this Home

  • Oralia Herrera

    Seller's Agent in 2020

    Oralia Herrera

    Century 21 TK Realty

    (630) 816-8059

    32 in this area

    127 Total Sales

    Oralia Herrera
    Section Image
  • Saul Gutierrez

    Buyer's Agent in 2020

    Saul Gutierrez

    MVG Real Estate Inc

    (312) 852-3181

    21 in this area

    116 Total Sales

    Saul Gutierrez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10757094

Midwest Real Estate Data (MRED)

APN: 03-28-421-017

Illinois DuPage County Addison 60101

408 E Palmer Ave, Addison, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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