NOT LISTED FOR SALE

4520 Sterling Rd Downers Grove, IL 60515

Estimated Value: $1,243,000 - $1,422,000

4 Beds
5 Baths
3,300 Sq Ft
$402/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $820,000 $248 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,723/month

39 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • Lester Elementary School Rated A-
  • Whirlpool Bathtub
  • 2-minute walk to Sterling Park

About This Home

As of November 2015

Beautiful new construction in North Downers Grove with an open floor plan, gourmet kitchen including Stainless Steel appliances and granite, a first floor den, family room with fireplace, custom bookcases, and dining room with wainscoting. The second floor features 4 bedrooms, 3 full baths, and laundry room with skylight. The luxurious master suite is complete with an Aerofeel Therapeutic whirlpool tub, separate shower, double sinks, and his and her walk in closets. The lookout basement has an office/workout room, full bath and media room wired for surround sound. Other features include "Abus" Sound System throughout the home, dual zone heating and cooling, and 4" Red Oak Hardwood flooring. All of the high end upgrades make this home a must see !

Last Agent to Sell the Property

Lucy Matune

Baird & Warner License #475128184 Listed on: 08/28/2015

Baird & Warner

Co-Listed By

Eric Sutherland

Baird & Warner License #475161460

Last Buyer's Agent

Patti Michels

Compass License #475141453

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,583

Year Built

  • 2015

Lot Details

  • 9,148

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Garage Is Owned

Interior Spaces

  • Den
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom
  • Storm Screens
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Utilities

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

Additional Features

  • Deck
  • East or West Exposure

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,583

Year Built

2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: NEW Ready for Occupancy
  • New Construction: Y
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 8
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Location: Family Room
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X10, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 17X18, On Level: 2nd Level
  • Additional Room 1 Name: Den, Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X14, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 3300
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X17, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • 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: 50 X 183
  • Parcel Identification Number: 0905409015

Tax Info

  • Taxes: 3902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2015
Closed on
Nov 13, 2015
Sold by
Misty Harbor Builders Inc
Bought by
Morris Jason M and Morris Nicole
Seller's Agent
Lucy Matune
Baird & Warner
Buyer's Agent
Patti Michels
Compass
List Price
$880,000
Sold Price
$820,000
Premium/Discount to List
-$60,000
-6.82%
Current Estimated Value
$1,327,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,020
Avg. Annual Appreciation
4.31%
Original Mortgage
$656,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 13, 2013
Closed on
Jan 24, 2014
Sold by
Thomas Jeffrey
Bought by
Misty Harbor Builders Inc
Seller's Agent
Lucy Matune
Baird & Warner
Buyer's Agent
Lucy Matune
Baird & Warner
List Price
$242,500
Sold Price
$235,000
Premium/Discount to List
-$7,500
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.23%
Original Mortgage
$25,009
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2005
Sold by
Downers Grove National Bank
Bought by
Thomas Jeffrey R
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
Morris Jason M $820,000 Fidelity National Title
Misty Harbor Builders Inc $235,000 Baird & Warner Title Service
Thomas Jeffrey R $200,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Jason $591,000
Closed Morris Jason M $656,000
Previous Owner Misty Harbor Builders Inc $573,750
Previous Owner Misty Harbor Builders Inc $25,009
Previous Owner Misty Harbor Builders Inc $176,250
Previous Owner Downers Grove National Bank $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $820,000 -4.7% $248 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
09/14/2015 09/14/15 Price Changed $860,000 -2.3% $261 / Sq Ft
08/28/2015 08/28/15 For Sale $880,000 +274.5% $267 / Sq Ft
01/24/2014 01/24/14 Sold $235,000 -3.1% $206 / Sq Ft
12/17/2013 12/17/13 Pending -- -- --
12/13/2013 12/13/13 For Sale $242,500 -- $212 / 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 $18,583 $332,584 $62,918 $269,666
2023 $17,699 $305,740 $57,840 $247,900
2022 $16,686 $289,510 $54,770 $234,740
2021 $15,621 $286,220 $54,150 $232,070
2020 $15,234 $280,550 $53,080 $227,470
2019 $14,763 $269,190 $50,930 $218,260
2018 $14,026 $253,200 $50,630 $202,570
2017 $13,592 $243,650 $48,720 $194,930
2016 $13,337 $230,880 $46,560 $184,320
2015 $4,424 $47,900 $39,780 $8,120
2014 $2,274 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09024753

Midwest Real Estate Data (MRED)

APN: 09-05-409-023