NOT LISTED FOR SALE

427 Lincoln Ave Downers Grove, IL 60515

Estimated Value: $554,000 - $614,000

4 Beds
2 Baths
1,890 Sq Ft
$308/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $349,000 $185 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,808/month

10 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Walk-In Pantry
  • Lester Elementary School Rated A-
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of May 2016

Come take a look! Not your average split level w large sub basement on wider lot surrounded by new construction in beautiful, sought-after area of Downers Grove. 4 large bedrooms (all above grade!) and 2 full baths. Hrdwd floors throughout 1st and second floors, SS appl, fireplace. Sunny 1st floor family room leads to deck w fenced yard- perfect for entertaining! Desirable location with a 5 minute walk to grade school (Lester), 5 min drive to DG North H.S. and walking distance to downtown and train. You won't believe the ample living space. Add your finishing touches and you can make this special home your own!

Last Agent to Sell the Property

Angelique Stacy

Platinum Partners Realtors Listed on: 03/16/2016

Co-Listed By

Gina Pekofske

Berkshire Hathaway HomeServices Chicago License #475141876

Last Buyer's Agent

Joe Monahan

Admire USA, Inc. License #471010663

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,581

Year Built

  • 1959

Lot Details

  • 7,841

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • In-Law or Guest Suite
  • Wet Bar
  • Wood Burning Fireplace
  • Recreation Room
  • Bonus Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sub-Basement

Outdoor Features

  • Deck
  • Stamped Concrete Patio

Utilities

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

Additional Features

  • North or South Exposure
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $9,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,581

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1959
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, In-Law Arrangement
  • Number Of Rooms: 10
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished, Sub-Basement
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Bonus, Recreation Room
  • Master Bedroom: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Bonus, Dimensions: 12X26, On Level: Basement, Flooring: Wood Laminate
  • Additional Room 2 Name: Recreation Rm, Dimensions: 17X19, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 4: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1890
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Stamped Concrete Patio, Storms/Screens
  • Exposure: N (North)
  • Acreage: 0.1836

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 99
  • Elementary School: LESTER ELEMENTARY SCHOOL
  • Middle School: HERRICK MIDDLE SCHOOL
  • High School: NORTH HIGH SCHOOL
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 60X132
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0905421005

Tax Info

  • Taxes: 5185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
May 13, 2016
Sold by
Davies Todd and Davies Jennifer
Bought by
Bandemer Eric and Bandemer Tara
Seller's Agent
Angelique Stacy
Platinum Partners Realtors
Buyer's Agent
Joe Monahan
Admire USA, Inc.
List Price
$349,000
Sold Price
$349,000
Current Estimated Value
$582,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,817
Avg. Annual Appreciation
4.96%
Original Mortgage
$314,100
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2012
Sold by
Davis Donna J
Bought by
Davies Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 1997
Sold by
Kuick Verne D and Kuick Grace J
Bought by
Kuick Verne D and Kuick Grace J
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
Bandemer Eric $349,000 Old Republic Title
Davies Todd $285,000 First American Title
Kuick Verne D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bandemer Eric $25,000
Open Bandemer Tara $285,487
Closed Bandemer Eric $314,100
Previous Owner Davies Todd $279,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $349,000 0.0% $185 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $349,000 -- $185 / 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 $7,581 $140,413 $70,979 $69,434
2023 $7,197 $129,080 $65,250 $63,830
2022 $6,839 $122,210 $61,780 $60,430
2021 $6,401 $120,820 $61,080 $59,740
2020 $6,281 $118,430 $59,870 $58,560
2019 $6,079 $113,640 $57,450 $56,190
2018 $6,069 $112,180 $57,110 $55,070
2017 $5,873 $107,950 $54,960 $52,990
2016 $5,754 $103,020 $52,450 $50,570
2015 $5,687 $96,930 $49,350 $47,580
2014 $5,186 $86,450 $43,620 $42,830
2013 $5,080 $86,050 $43,420 $42,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09168066

Midwest Real Estate Data (MRED)

APN: 09-05-421-005