NOT LISTED FOR SALE

4534 Oakwood Ave Downers Grove, IL 60515

Estimated Value: $1,498,000 - $2,382,836

4 Beds
6 Baths
6,000 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $1,685,000 $281 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $13,696/month

30 Days on Market

Highlights

  • New Construction
  • Multiple Garages
  • Gallery
  • Pierce Downer Elementary School Rated A-
  • Property is near a park
  • Mud Room

About This Home

As of August 2021

SOLD B4 PROCESSING. Opportunity awaits in this custom built home in Pierce Downers Neighborhood! Crafted by prominent, local builder Cypress Hill Development and renowned Parsons Architects, LLC. This brand new construction home is set on 100' X 300' lot on one of Downers Groves most desirable streets with a completion date of this October. 5 Bedrooms, 4 full bathrooms and 2 half baths. This is an extremely rare offering for one lucky family with over 5800 sq. ft. of finished living space, this residence is masterful in form and function. Envision your dream home with circular drive, 2 car side load garage and additional 1 car garage, beautiful covered terrace & and uncovered patio in premier location. A contemporary feel coupled with a modern flair with open spaces, oversized kitchen with large island, pantry and nook, designer details and finishes including mudroom with dog wash and so much more to fall in love with...

Last Agent to Sell the Property

Diane Coyle

Platinum Partners Realtors License #471005708 Listed on: 06/01/2021

Platinum Partners Realtors

Co-Listed By

Annie Kasinecz

Platinum Partners Realtors License #475163013

Last Buyer's Agent

Kelly Kirchheimer

Real Broker, LLC License #471020988

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,791

Year Built

  • Built in 2021 | New Construction

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Garage Door Opener
  • Circular Driveway
  • Parking Space is Owned

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Utility Room with Study Area
  • Gallery

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms

Finished Basement

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

Schools

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

Utilities

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

Additional Features

  • Terrace
  • Lot Dimensions are 100x300
  • Property is near a park

Community Details

  • New Construction

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,791

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Year Built: 2021
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 4
  • LivingArea: 6000
  • Room Type: Breakfast Room, Mud Room, Gallery, Foyer, Office, Study, Terrace, Bedroom 5, Family Room
  • Estimated Total Finished Sq Ft: 6000
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 6000

Exterior Features

  • DirectionFaces: East
  • Waterfront: No
  • Exterior Building Type: Stone,Concrete

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Circular
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park
  • 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

Lot Info

  • Lot Dimensions: 100X300
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8790.52
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
White Jeffrey and White Jessica
Bought by
Jeffrey White And Jessica White Trust and White
Current Estimated Value
$2,127,959

Purchase Details

Listed on
Jun 1, 2021
Closed on
Aug 6, 2021
Sold by
Richtman Leo M and Richtman Laura
Bought by
White Jeffrey and White Jessica
Seller's Agent
Diane Coyle
Platinum Partners Realtors
Buyer's Agent
Kelly Kirchheimer
Real Broker, LLC
List Price
$2,100,000
Sold Price
$1,685,000
Premium/Discount to List
-$415,000
-19.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%

Purchase Details

Listed on
Feb 8, 2020
Closed on
Apr 10, 2020
Sold by
Strauss Billie S and Strauss Michael G
Bought by
Richtman Laura and Richtman Leo M
Seller's Agent
Elaine Pagels
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Elaine Pagels
Berkshire Hathaway HomeServices Chicago
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.36%
Original Mortgage
$480,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2006
Sold by
Strauss Michael G and Strauss Billie S
Bought by
Strauss Michael G and Strauss Billie S
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
Jeffrey White And Jessica White Trust -- None Listed On Document
White Jeffrey $1,685,000 Attorney
Richtman Laura $600,000 Attorney
Strauss Michael G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richtman Laura $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2021 08/10/21 Sold $1,685,000 -19.8% $281 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $2,100,000 +250.0% $350 / Sq Ft
06/23/2020 06/23/20 For Sale $600,000 0.0% --
04/10/2020 04/10/20 Sold $600,000 -- -- View Prior Sale
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 $30,700 $568,953 $144,667 $424,286
2023 $28,693 $490,690 $132,990 $357,700
2022 $25,367 $374,670 $126,520 $248,150
2021 $16,091 $288,640 $125,080 $163,560
2020 $8,791 $168,350 $122,600 $45,750
2019 $9,616 $181,260 $117,640 $63,620
2018 $9,686 $180,480 $116,980 $63,500
2017 $9,372 $173,670 $112,570 $61,100
2016 $9,177 $165,740 $107,430 $58,310
2015 $9,065 $155,930 $101,070 $54,860
2014 $9,064 $151,610 $98,270 $53,340
2013 $8,878 $150,900 $97,810 $53,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11024166

Midwest Real Estate Data (MRED)

APN: 09-06-412-019