NOT LISTED FOR SALE

4500 Downers Dr Downers Grove, IL 60515

Estimated Value: $2,423,000 - $2,902,000

4 Beds
8 Baths
10,759 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $2,000,000 $186 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $17,764/month

44 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • 1.33 Acre Lot
  • Pierce Downer Elementary School Rated A-
  • Heated Floors
  • Fireplace in Primary Bedroom

About This Home

As of March 2024

Amazing bespoke estate property in prime Downers Grove location. Stunning high caliber and timeless details abound throughout this distinctive residence. This home was the builder's own and no stone was left unturned in the design and livabilty factors. This home could not be replicated close to this price. Show-stopping great room/family room features 18' ceilings and an abundance of natural light from the southern exposure. Impressive gourmet kitchen features gorgeous custom cabinetry, two SubZero refrigerators, 48" Dacor range and Dacor six-burner gas cooktop. Sought-after first floor luxurious primary suite with expansive views of the property. Handsome library/office, dining room, butler's pantry, breakfast room and more grace the first level. Moving on to the second, you will find an additional primary suite, two large en-suite bedrooms, a family lounge area, additional laundry room, gallery of bookcases and storage. The elevator gives access to all three levels of the home. The finished basement is exceptional with many special features. There are also amazing outdoor living features including, an expansive patio, pool and solarium and ultra private yard. Enjoy the feeling of being in your personal compound. This residence has too many special features to list. If someone wants the ultimate in quality, excellent location, top ranked D 58 and Downers Grove North High School schools, and privacy, this estate property is it. Metra train into Chicago is just minutes away.

Last Agent to Sell the Property

Karen Baker

Coldwell Banker Realty License #475136107 Listed on: 01/08/2024

Coldwell Banker Realty

Last Buyer's Agent

Jason Kilarski

@properties Christie's International Real Estate License #475173201

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,547

Year Built

  • Built in 2007

Lot Details

  • 1.33 Acre Lot
  • Lot Dimensions are 160 x 362 x 160 x 362

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Slate Roof
  • Radon Mitigation System

Interior Spaces

  • 10,759 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Beamed Ceilings
  • Vaulted Ceiling
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Library with Fireplace
  • Game Room
  • Home Gym
  • Laundry in multiple locations

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Basement Storage

Outdoor Features

  • In Ground Pool
  • Stamped Concrete Patio
  • Fire Pit

Schools

  • Pierce Downer Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Power Generator
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,547

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bathrooms: 8
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 4470
  • Fireplaces: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Elevator, Hardwood Floors, Heated Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, Second Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Beamed Ceilings, Separate Dining Room
  • LivingArea: 10759
  • Other Equipment: Sump Pump, Radon Mitigation System, Generator
  • Room Type: Breakfast Room, Great Room, Game Room, Theatre Room, Mud Room, Bedroom 5, Library, Foyer, Exercise Room
  • Estimated Total Finished Sq Ft: 4470
  • Basement Description: Finished,Storage Space
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Master Bedroom,Basement,Den/Library,Great Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Stamped Concrete Patio, In Ground Pool, Fire Pit
  • List Price: 2400000
  • Roof: Slate
  • Waterfront: No
  • Exterior Building Type: Stucco,Stone

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 8
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Radiant
  • Laundry Features: Multiple Locations
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.33
  • Lot Dimensions: 160 X 362 X 160 X 362
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 46547.04
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 8, 2024
Sold by
Lori T Buddig Revocable Trust
Bought by
Monahan Steven D and Monahan Marilynn J
Seller's Agent
Karen Baker
Coldwell Banker Realty
Buyer's Agent
Jason Kilarski
@properties Christie's International Real Estate
List Price
$2,875,000
Sold Price
$2,000,000
Premium/Discount to List
-$875,000
-30.43%
Views
202
Current Estimated Value
$2,552,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,889
Avg. Annual Appreciation
16.05%

Purchase Details

Listed on
Jan 6, 2023
Closed on
Nov 10, 2023
Sold by
Peter J Brennan 2006 Trust
Bought by
Lori T Buddig Revocable Trust and Buddig
Seller's Agent
Jason Kilarski
@properties Christie's International Real Estate
Buyer's Agent
Karen Baker
Coldwell Banker Realty
List Price
$3,250,000
Sold Price
$2,950,000
Premium/Discount to List
-$300,000
-9.23%
Views
288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-69.20%

Purchase Details

Closed on
Sep 29, 2017
Sold by
Cartus Financial Cor
Bought by
Brennan Peter J and Peter J Brennan 2006 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,664,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 2017
Sold by
Andersen Joel S and Andersen Margaret M
Bought by
Cartus Financial Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,664,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2017
Sold by
Atg Trust Co
Bought by
Andersen Joel S and Andersen Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,664,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2017
Sold by
Atg Trust Co
Bought by
Andersen Joel S and Andersen Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,664,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2005
Sold by
Andersen Joel and Andersen Margaret
Bought by
Downers Grove National Bank and Trust #05-028

Purchase Details

Closed on
May 16, 2003
Sold by
Strawbridge Kenneth R and Strawbridge Donna M
Bought by
Downers Grove National Bank and Trust #00-053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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
Monahan Steven D $2,000,000 None Listed On Document
Lori T Buddig Revocable Trust $2,950,000 Chicago Title
Brennan Peter J -- Burnet Title Post Closing
Cartus Financial Corporation -- Burnet Title Post Closing
Andersen Joel S -- Burnet Title Post Closing
Andersen Joel S -- None Available
Downers Grove National Bank -- --
Downers Grove National Bank $601,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brennan Peter J $1,664,000
Previous Owner Downers Grove National Bank $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $2,000,000 -16.7% $186 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $2,400,000 -7.7% $223 / Sq Ft
02/09/2024 02/09/24 Price Changed $2,600,000 -6.3% $242 / Sq Ft
01/18/2024 01/18/24 Price Changed $2,775,000 -3.5% $258 / Sq Ft
01/08/2024 01/08/24 For Sale $2,875,000 -2.5% $267 / Sq Ft
11/10/2023 11/10/23 Sold $2,950,000 -1.3% $274 / Sq Ft View Prior Sale
08/30/2023 08/30/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $2,990,000 -8.0% $278 / Sq Ft
01/06/2023 01/06/23 For Sale $3,250,000 -- $302 / 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 $52,495 $924,924 $235,324 $689,600
2023 $50,067 $850,270 $216,330 $633,940
2022 $46,547 $796,890 $205,820 $591,070
2021 $43,585 $787,830 $203,480 $584,350
2020 $42,806 $772,230 $199,450 $572,780
2019 $41,508 $740,960 $191,370 $549,590
2018 $43,182 $761,540 $190,230 $571,310
2017 $41,872 $732,810 $183,050 $549,760
2016 $40,558 $689,880 $174,770 $515,110
2015 $40,185 $648,500 $164,430 $484,070
2014 $35,202 $552,090 $159,870 $392,220
2013 $34,492 $549,500 $159,120 $390,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11956829

Midwest Real Estate Data (MRED)

APN: 09-06-312-024