NOT LISTED FOR SALE

4515 Fairview Ave Downers Grove, IL 60515

Estimated Value: $284,000 - $379,000

2 Beds
1 Bath
832 Sq Ft
$386/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $165,177 $199 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,020/month

18 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Attic
  • Lester Elementary School Rated A-
  • Main Floor Bedroom
  • 1 Car Detached Garage

About This Home

As of June 2016

REHAB OR RENTAL OPPORTUNITY! With updates, this could be a perfect home or rental investment property in an area where rentals are SCARCE. So much potential...roomy attic ready to be finished, full basement, big back yard. Right around the corner from desirable LESTER Elementary. DG North HS and walkable to Fairview Metra, downtown DG. AS-IS - reflected in price.

Last Agent to Sell the Property

Angelique Stacy

Platinum Partners Realtors Listed on: 04/04/2016

Co-Listed By

Gina Pekofske

Berkshire Hathaway HomeServices Chicago License #475141876

Last Buyer's Agent

Lindsay Lohrens

Landen Home Realty, LLC License #475162656

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,919

Year Built

  • Built in 1952

Lot Details

  • 10,197 Sq Ft Lot
  • Lot Dimensions are 51x200
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Block Exterior

Interior Spaces

  • 832 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer
  • Attic

Kitchen

  • Breakfast Bar
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Soaking Tub

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,919

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1952
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 832
  • Room Type: Attic, Eating Area
  • Basement Description: Unfinished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Attic: Full,Interior Stair,Unfinished

Exterior Features

  • List Price: 155000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Block

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee: No

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 Size Acres: 0.2341
  • Lot Dimensions: 51X200
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2919
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 24, 2016
Sold by
Vrchota Robert C
Bought by
Melrose Scott and Melrose Susan
Seller's Agent
Angelique Stacy
Platinum Partners Realtors
Buyer's Agent
Lindsay Lohrens
Landen Home Realty, LLC
List Price
$155,000
Sold Price
$165,177
Premium/Discount to List
$10,177
6.57%
Current Estimated Value
$321,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,876
Avg. Annual Appreciation
6.65%
Original Mortgage
$132,100
Interest Rate
3.87%
Mortgage Type
New Conventional
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
Melrose Scott $165,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melrose Scott $132,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2016 06/07/16 Sold $165,177 +6.6% $199 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $155,000 -- $186 / 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 $3,810 $82,542 $45,111 $37,431
2023 $3,559 $75,880 $41,470 $34,410
2022 $3,299 $67,050 $39,830 $27,220
2021 $3,182 $66,290 $39,380 $26,910
2020 $3,295 $64,980 $38,600 $26,380
2019 $3,182 $62,350 $37,040 $25,310
2018 $2,927 $57,210 $36,750 $20,460
2017 $2,826 $55,050 $35,360 $19,690
2016 $3,376 $62,920 $33,790 $29,130
2015 $3,015 $59,200 $31,790 $27,410
2014 $2,919 $56,290 $30,910 $25,380
2013 $2,857 $56,020 $30,760 $25,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09183602

Midwest Real Estate Data (MRED)

APN: 09-04-301-004