Seller's Agent in 2022
Ann Sproat
Keller Williams Experience
(630) 697-8262
2 in this area
57 Total Sales
408 S Washington St Elmhurst, IL 60126
Estimated Value: $1,579,000 - $1,736,000
0.17
Acre
$9,753,588
Price per Acre
7,405
Sq Ft Lot
About This Lot
As of December 2022Incredible opportunity to build your dream home on this oversized 56x140' lot on one of the most beloved blocks in Elmhurst. This picturesque extra-wide lot is just blocks to town, train, and Hawthorne elementary. There is a home on this property which requires extensive renovation and sold AS IS. Value is in the land. Property can be purchased as land only or with custom build package with renowned local builder.
Last Agent to Sell the Property
Keller Williams Experience License #475179721 Listed on: 09/22/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,193
Year Built
- 2023
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 56x140
Schools
- Hawthorne Elementary School
- Sandburg Middle School
- York Community High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electricity To Lot Line
- Gas Available
Additional Features
- Unfinished Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 20, 2024
Sold by
Island Construction Inc
Bought by
Ziverts Rachel Anne and Ziverts Andrew Robert
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,211,250
Outstanding Balance
$1,197,712
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$460,398
Purchase Details
Listed on
Sep 22, 2022
Closed on
Dec 6, 2022
Sold by
Schonta Timothy R and Schonta Cheryl E
Bought by
Island Construction Inc
Seller's Agent
Ann Sproat
Keller Williams Experience
Buyer's Agent
Tom Makinney
Compass
List Price
$449,000
Sold Price
$442,450
Premium/Discount to List
-$6,550
-1.46%
Views
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
72.62%
Original Mortgage
$331,750
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 15, 1994
Sold by
Novak Charles W and Novak Norma D
Bought by
Schonta Timothy R and Schonta Cheryl E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.02%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ziverts Rachel Anne | $1,615,000 | None Listed On Document | |
| Island Construction Inc | $442,500 | -- | |
| Schonta Timothy R | $275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ziverts Rachel Anne | $1,211,250 | |
| Previous Owner | Island Construction Inc | $331,750 | |
| Previous Owner | Schonta Timothy R | $90,000 | |
| Previous Owner | Schonta Timothy R | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $442,450 | -1.5% | -- |
| 09/22/2022 09/22/22 | Pending | -- | -- | -- |
| 09/22/2022 09/22/22 | For Sale | $449,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $6,835 | $112,580 | $83,920 | $28,660 |
| 2022 | $10,452 | $178,370 | $80,680 | $97,690 |
| 2021 | $10,193 | $173,930 | $78,670 | $95,260 |
| 2020 | $9,799 | $170,120 | $76,950 | $93,170 |
| 2019 | $9,593 | $161,740 | $73,160 | $88,580 |
| 2018 | $8,329 | $140,440 | $69,250 | $71,190 |
| 2017 | $8,145 | $133,830 | $65,990 | $67,840 |
| 2016 | $7,971 | $126,080 | $62,170 | $63,910 |
| 2015 | $7,889 | $117,460 | $57,920 | $59,540 |
| 2014 | $8,535 | $116,750 | $45,970 | $70,780 |
| 2013 | $8,443 | $118,400 | $46,620 | $71,780 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Sproat
-
Tom Makinney
Buyer's Agent in 2022
Tom Makinney
Compass
(331) 642-8389
123 in this area
233 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11635582
APN: 06-11-208-027
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