NOT LISTED FOR SALE

425 E Fay Ave Addison, IL 60101

Estimated Value: $634,000 - $734,000

4 Beds
4 Baths
2,843 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $475,000 $167 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,782/month

53 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Walk-In Pantry
  • Vaulted Ceiling
  • Bonus Room
  • Skylights

About This Home

As of August 2020

LISTING AGENT IS HAPPY TO PROVIDE LIVE IN HOME VIRTUAL TOUR WITH BUYERS AGENT OR BUYERS. What a perfect custom home, built on a nice and quiet yet friendly block. Steps to playgrounds and TARGET!! NEVER LOSE POWER WITH FULL HOME BACKUP NAT GAS GENERAC GENERATOR!! Interior boast: A fantastic wide open floor plan with 9ft ceilings, a true sun drenched GREAT room with vaulted 16 ft ceilings and a beautiful brick fireplace, gourmet kitchen accompanied with stylish maple cabinets and granite, hardwood floors, tile backsplash, some newer stainless appliances and an oversized island. Upstairs offers 4 generous sized bedrooms and a true master-suite (all bedrooms have closet by design organizers). FULL FINISHED BASEMENT adds an additional 1,426 sq ft of living/entertaining space. The massive basement includes a FULL Kitchen with stainless appliances and high end granite, a full sized bar, half bath with roughed in shower drains under tile and last but not least a flex/bonus room in the basement used for play room now. This backyard is what dreams are made of offering an outdoor kitchen, very large concrete patio, a nice and clean above ground pool and a newer full sized tool shed, parks, shopping & Villa Park Metra all just a very short drive away! Possible in-law arrangement in basement. Garage door and openers brand new as well as the washing machine.

Last Agent to Sell the Property

Jordan Heneghan

HomeSmart Connect LLC License #475163728 Listed on: 05/05/2020

HomeSmart Connect LLC

Last Buyer's Agent

Brady Miller

Cadence Realty License #471022208

Home Details

Home Type

  • Single Family

Year Built

  • 2008

Lot Details

  • 0.25

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Cedar

Interior Spaces

  • Dry Bar
  • Vaulted Ceiling
  • Skylights
  • Entrance Foyer
  • Family Room Downstairs
  • Bonus Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.2
  • Total Sq Ft: 2843
  • Unfinished Basement Sq Ft: 226
  • Type Detached: 2 Stories
  • Estimated Year Built: 2008
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 4269
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Hardwood Floors, Walk-In Closet(s)
  • Number Of Rooms: 11
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Disposal
  • Equipment: TV-Cable, Ceiling Fan, Sump Pump, Backup Sump Pump;, Power Generator
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Family Room - Down, Foyer, Bonus, 2nd Kitchen
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Family Room - Down, Dimensions: 25X20, On Level: Basement
  • Additional Room 2 Name: Foyer, Dimensions: 8X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 3 Name: Bonus, Dimensions: 14X12, On Level: Basement
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 4 Name: 2nd Kitchen, Dimensions: 19X6, On Level: Basement
  • Bedroom 4: Dimensions: 22X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2843
  • Estimated Total Finished Sq Ft: 4043
  • Basement Sq Ft: 1426
  • Basement Finished Sq Ft: 1200
  • Upper Level Sq Ft: 2843
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X16, On Level: Main Level, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.2576

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 60X180
  • Parcel Identification Number: 0334301052

Tax Info

  • Taxes: 10144.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Aug 7, 2020
Sold by
Painter Scott and Painter Debora
Bought by
Stricker Jonathan David and Stricker Adrienne
Seller's Agent
Jordan Heneghan
HomeSmart Connect LLC
Buyer's Agent
Brady Miller
Cadence Realty
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Current Estimated Value
$715,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,302
Avg. Annual Appreciation
6.67%
Original Mortgage
$380,000
Outstanding Balance
$337,087
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$336,481

Purchase Details

Closed on
Mar 1, 2007
Sold by
Newcastle Home Builders Inc
Bought by
Painter Scott and Painter Debora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.02%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 3, 2006
Sold by
Dalessandro Luigi and Dalessandro Pasqua
Bought by
Newcastle Home Builders Inc and Trend Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Pikey Celeste
Bought by
Dalessandro Luigi and Dalessandro Pasqua
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stricker Jonathan David $475,000 Attorney
Painter Scott $560,000 First American Title Ins Co
Newcastle Home Builders Inc $200,000 Atg
Dalessandro Luigi $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stricker Jonathan David $380,000
Previous Owner Painter Scott $112,000
Previous Owner Painter Scott $448,000
Previous Owner Newcastle Home Builders Inc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $475,000 -2.1% $167 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $485,000 -0.8% $171 / Sq Ft
05/23/2020 05/23/20 Price Changed $489,000 -1.2% $172 / Sq Ft
05/05/2020 05/05/20 For Sale $495,000 -- $174 / 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 $12,505 $185,426 $36,093 $149,333
2023 $11,959 $170,460 $33,180 $137,280
2022 $11,306 $159,510 $30,660 $128,850
2021 $10,842 $152,790 $29,370 $123,420
2020 $10,556 $146,350 $28,130 $118,220
2019 $10,491 $140,720 $27,050 $113,670
2018 $10,144 $130,960 $27,050 $103,910
2017 $9,891 $125,160 $25,850 $99,310
2016 $9,643 $115,560 $23,870 $91,690
2015 $9,418 $106,750 $22,050 $84,700
2014 $9,511 $107,090 $25,990 $81,100
2013 $9,764 $109,270 $26,520 $82,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10706325

Midwest Real Estate Data (MRED)

APN: 03-34-301-052