NOT LISTED FOR SALE

4331 Prospect Ave Downers Grove, IL 60515

Estimated Value: $494,000 - $639,000

4 Beds
3 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold October 31, 2019

Last sale price $320,000

Est. 74% increase in value since last sale

Current estimated payment $3,589/month

17 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Lester Elementary School Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of October 2019

Opportunity awaits. Can't beat this price per SF. Great location! Close to top-rated schools in Dupage County. Walk to schools, trains, and town. This is the one you want to call Home! Walk into the living room where you will immediately feel the comfort of all the natural light and the easy flow into the spacious dining room/kitchen area. The door from the dining room leads out to a large new deck you can enjoy morning coffee or evening drinks. The fenced-in yard has plenty of room for a garden. 2 generous sized bedrooms and full bath on 1st floor. Over-sized master bedroom and 4th bedroom upstairs along with an updated full bathroom & space to expand the bath or add another. Head on down to the basement where there is a large family room for entertaining, an office area, laundry room plus 1/2 bath. All newer mechanicals and most appliances. Move-in and enjoy!

Last Agent to Sell the Property

Patricia Gibbons

@properties Christie's International Real Estate License #475159733 Listed on: 09/20/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Kathleen Turza

Berkshire Hathaway HomeServices Chicago License #475176240

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,483

Year Built | Renovated

  • 1951 | 2006

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

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

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Home Office
  • Workroom
  • Wood Flooring
  • Storm Screens

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

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

Est. Annual Taxes

$7,483

Year Built | Renovated

1951 | 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2006
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1542
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1951
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2542
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951
  • Year Renovated: 2006

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Sump Pump
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X10, On Level: Basement, Flooring: Vinyl
  • Dining Room: Dimensions: 14X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Office, Workroom
  • Master Bedroom: Dimensions: 19X19, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 13X8, On Level: Basement, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: Work Rm, Dimensions: 10X8, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Total Finished Sq Ft: 2542
  • Basement Sq Ft: 1000
  • Basement Finished Sq Ft: 1000
  • Main Level Sq Ft: 842
  • Upper Level Sq Ft: 700
  • Dining Room Type: Separate
  • Family Room: Dimensions: 34X12, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: E (East), W (West)
  • Acreage: 0.2125

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • 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: 60 X 154
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0905401008

Tax Info

  • Taxes: 5627.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Oct 17, 2019
Sold by
Merritt Robert C and Merritt Amy S
Bought by
Blaney Daniel Patrick and Blaney Gina Marie
Seller's Agent
Patricia Gibbons
@properties Christie's International Real Estate
Buyer's Agent
Kathleen Turza
Berkshire Hathaway HomeServices Chicago
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Current Estimated Value
$556,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,998
Avg. Annual Appreciation
9.81%
Original Mortgage
$285,000
Outstanding Balance
$250,937
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$306,061

Purchase Details

Closed on
Apr 21, 2015
Sold by
Merritt Robert C and Merritt Amy S
Bought by
Robert C Merritt and Merritt Joint T Amy S

Purchase Details

Closed on
Jun 5, 2008
Sold by
Lipinski Steven L and Lipinski Erin L
Bought by
Merritt Robert C and Merritt Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2002
Sold by
Group 6 Llc
Bought by
Lipinski Steven C and Lipinski Erin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
7%

Purchase Details

Closed on
Aug 28, 2001
Sold by
Krukowski Ken and Visano Steven
Bought by
Group 6 Llc

Purchase Details

Closed on
Aug 15, 2001
Sold by
Siewak Joan M and Siewak Dennis
Bought by
Krukowski Ken and Visano Steven

Purchase Details

Closed on
Jul 20, 1999
Sold by
Siewak Joseph B and Siewak Joan M
Bought by
Siewak Joan M and Siewak Dennis
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
Blaney Daniel Patrick $320,000 Old Republic Title
Robert C Merritt -- None Available
Merritt Robert C $420,000 First American Title
Lipinski Steven C $247,000 First American Title
Group 6 Llc $175,000 First American Title Ins
Krukowski Ken $160,000 First American Title
Siewak Joan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blaney Daniel Patrick $285,000
Previous Owner Merritt Robert C $336,000
Previous Owner Lipinski Steven C $197,600
Closed Lipinski Steven C $24,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $320,000 -1.5% --
10/07/2019 10/07/19 Pending -- -- --
10/02/2019 10/02/19 Price Changed $325,000 -6.9% --
09/20/2019 09/20/19 For Sale $349,000 -- --
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 $7,483 $138,705 $75,504 $63,201
2023 $7,104 $127,510 $69,410 $58,100
2022 $6,452 $115,630 $65,730 $49,900
2021 $6,038 $114,310 $64,980 $49,330
2020 $5,924 $112,040 $63,690 $48,350
2019 $5,732 $107,500 $61,110 $46,390
2018 $5,627 $104,460 $60,770 $43,690
2017 $5,445 $100,520 $58,480 $42,040
2016 $5,333 $95,930 $55,810 $40,120
2015 $5,270 $90,260 $52,510 $37,750
2014 $4,795 $80,390 $46,410 $33,980
2013 $4,697 $80,010 $46,190 $33,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10524790

Midwest Real Estate Data (MRED)

APN: 09-05-401-008