NOT LISTED FOR SALE

424 E Drake Ave Addison, IL 60101

Estimated Value: $309,000 - $328,000

3 Beds
2 Baths
1,062 Sq Ft
$301/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $290,000 $273 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,130/month

11 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Living Room
  • Ranch Style House
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of November 2024

Spacious ranch style home in Addison! It offers 3 bedrooms and 2 full baths. Hardwood floors throughout main level. New roof,new furnace and new water heater and newer windows. Finished basement. Large yard and 2 car detached garage. Home needs TLC. Come see it today! Sold AS-IS

Last Agent to Sell the Property

Salvador Hernandez

Century 21 Circle License #475133221 Listed on: 10/06/2024

Century 21 Circle

Last Buyer's Agent

Dave Shalabi

RE/MAX 10 License #475122242

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,305

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 73 x 105

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,062 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Second Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Schools

  • Fullerton Elementary School
  • Addison Trail High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,305

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1062
  • Room Type: Kitchen
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fullerton Elementary School
  • High School: Addison Trail High School

Lot Info

  • Lot Dimensions: 73 X 105
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5305
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2024
Closed on
Nov 21, 2024
Sold by
Lopez Maria L and Lopez Martin
Bought by
Dillon Brian John
Seller's Agent
Salvador Hernandez
Century 21 Circle
Buyer's Agent
Dave Shalabi
RE/MAX 10
List Price
$274,000
Sold Price
$290,000
Premium/Discount to List
$16,000
5.84%
Views
141
Current Estimated Value
$320,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,010
Avg. Annual Appreciation
8.63%
Original Mortgage
$275,500
Outstanding Balance
$273,177
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$46,323

Purchase Details

Closed on
Oct 15, 1999
Sold by
Garcia Carmen and Lopez Maria
Bought by
Lopez Maria L and Lopez Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.78%
Source: Public Records
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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
Dillon Brian John $290,000 Carrington Title
Dillon Brian John $290,000 Carrington Title
Lopez Maria L -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillon Brian John $275,500
Closed Dillon Brian John $275,500
Previous Owner Lopez Maria L $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $290,000 +5.8% $273 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $274,000 0.0% $258 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
10/06/2024 10/06/24 For Sale $274,000 -- $258 / 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 $5,575 $87,100 $37,551 $49,549
2023 $5,305 $80,070 $34,520 $45,550
2022 $5,079 $74,960 $32,220 $42,740
2021 $4,860 $71,800 $30,860 $40,940
2020 $4,721 $68,770 $29,560 $39,210
2019 $4,682 $66,120 $28,420 $37,700
2018 $4,621 $62,930 $27,050 $35,880
2017 $4,494 $60,140 $25,850 $34,290
2016 $4,359 $55,530 $23,870 $31,660
2015 $4,235 $51,300 $22,050 $29,250
2014 $4,087 $49,440 $20,210 $29,230
2013 $4,008 $50,450 $20,620 $29,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12181765

Midwest Real Estate Data (MRED)

APN: 03-27-314-007