NOT LISTED FOR SALE

4421 Prospect Ave Downers Grove, IL 60515

Estimated Value: $618,000 - $668,000

4 Beds
2.5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold March 22, 2022

Last sale price $480,000

Est. 34% increase in value since last sale

Current estimated payment $4,274/month

27 Days on Market

Highlights

  • Colonial Architecture
  • Property is near a park
  • L-Shaped Dining Room
  • Lester Elementary School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of March 2022

Welcome to this spacious and bright two-story Colonial home on a tree-lined, quiet street in a desirable neighborhood of Downers Grove. There is seriously nothing to do but move in to start enjoying this home - the hardwood floors are in gleaming, newly refinished condition throughout the first floor and have been beautifully preserved in pristine condition on the second floor. The large embankments of windows throughout the first floor fill each room with natural light and provide lovely views of the neighborhood and yard. There's a highly functional kitchen with plenty of counter space and a stainless steel refrigerator, oven and microwave. The spacious floor plan and the family room with sliding glass doors to the brick patio will inspire entertaining that flows easily from inside to the outdoors. You'll find incredible storage in the full unfinished basement, floored attic above the attached garage (easily accessible from the second floor landing) and in the attic above the home (accessible through pull-down stairs). OVERSIZED 1 CAR GARAGE + EXTRA WIDE DRIVEWAY THAT CAN CCOMODATE 3 ADDITIONAL VEHICLES. Located in a prime location to enjoy downtown Downers Grove and the vibrant array of shops and restaurants and the Metra. Close to highly rated Downers Grove North High School and much-loved Lester Elementary School. Easy access to expressways, shopping and more.

Last Agent to Sell the Property

Shannon Kutchek

Compass License #475127216 Listed on: 01/26/2022

Compass

Last Buyer's Agent

Kristin Eccles

@properties Christie's International Real Estate License #475164104

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,510

Lot Details

  • Lot Dimensions are 50 x 162
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park

Schools

  • Lester Elementary School
  • Herrick Middle School
  • North High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,510

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Pull Down Stair

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 495000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lester Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Lot Dimensions: 50 X 162
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7510.08
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 21, 2022
Sold by
Hansen Trust
Bought by
Lynch Robert F and Lynch Abigail
Seller's Agent
Shannon Kutchek
Compass
Buyer's Agent
Kristin Eccles
@properties Christie's International Real Estate
List Price
$505,000
Sold Price
$480,000
Premium/Discount to List
-$25,000
-4.95%
Current Estimated Value
$641,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,634
Avg. Annual Appreciation
7.19%
Original Mortgage
$408,000
Outstanding Balance
$385,518
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$223,930

Purchase Details

Closed on
Sep 7, 1999
Sold by
Hansen Gerald R and Hansen Carol J
Bought by
Hansen Gerald R and Hansen Carol 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
Lynch Robert F $480,000 Law Office Of Catherine S Mccr
Hansen Gerald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Robert F $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $480,000 -5.0% --
02/23/2022 02/23/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $505,000 -- --
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 $9,412 $172,394 $62,918 $109,476
2023 $8,945 $158,480 $57,840 $100,640
2022 $8,185 $150,070 $54,770 $95,300
2021 $7,658 $148,370 $54,150 $94,220
2020 $7,510 $145,430 $53,080 $92,350
2019 $7,259 $139,540 $50,930 $88,610
2018 $6,860 $131,030 $50,640 $80,390
2017 $6,630 $126,090 $48,730 $77,360
2016 $6,485 $120,340 $46,510 $73,830
2015 $6,393 $113,220 $43,760 $69,460
2014 $5,815 $101,210 $38,680 $62,530
2013 $5,695 $100,740 $38,500 $62,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11309261

Midwest Real Estate Data (MRED)

APN: 09-05-404-021