NOT LISTED FOR SALE

4600 Forest Ave Downers Grove, IL 60515

Estimated Value: $1,214,000 - $1,597,000

4 Beds
3.5 Baths
3,008 Sq Ft
$467/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $1,320,000 $439 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,970/month

23 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Mud Room
  • Pierce Downer Elementary School Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of February 2024

Currently under construction in an excellent location just a few blocks to all Downtown Downers Grove has to offer - Metra to the City, Restaurants, Shopping, and more. High end finishes such as large Marvin windows, LP Smartside & Stone exterior, custom cabinetry with quartz countertops, high end built in appliance package, see through double sided fireplace, 10' first floor ceilings with 8' solid interior doors, wide plank solid hardwood flooring, custom trim and molding package. The first floor has an open concept feel through the eat in kitchen, dinette, and family room along with a large flex space (office, playroom, den, etc.), a mud room with built in lockers, and an oversized 2 car garage. There are covered porches at the mud room entrance and a large covered porch off the kitchen. The second floor features a large primary suite with 12'+ vaulted ceiling, a private covered balcony, large walk in closet, and luxury bath with a large shower and soaking tub. Other 2nd floor features include a large laundry room, private office, and 3 large bedrooms with vaulted ceilings. Walk to Pierce Downer Elementary, Herrick Middle School, and Downers Grove North High School. First photo is the rendering of the house while the others are past builder projects with similar finishes.

Last Agent to Sell the Property

Shaine Muha

john greene, Realtor License #475158943 Listed on: 09/19/2023

Last Buyer's Agent

Beth Burtt

@properties Christie's International Real Estate License #471004500

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 50x132

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Combination Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,008 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling height of 10 feet or more
  • Double Sided Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Library with Fireplace
  • Utility Room with Study Area
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Gas Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height
  • Finished Basement Bathroom
  • Rough-In Basement Bathroom
  • Basement Window Egress

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,385

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

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: 2023
  • 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
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Disposal, Built-In Oven, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 801
  • Fireplace Features: Double Sided
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Walk-In Closet(s), Ceiling - 10 Foot, Beamed Ceilings, Open Floorplan
  • LivingArea: 3008
  • Room Type: Study, Office, Foyer, Walk In Closet, Mud Room
  • Estimated Total Finished Sq Ft: 3809
  • Assessed Sq Ft: 0
  • Basement Description: Partially Finished,Bathroom Rough-In,Egress Window,9 ft + pour
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 3008
  • Basement Sq Ft: 1319
  • Fireplace Location: Family Room,Den/Library
  • Total Sq Ft: 4327
  • Unfinished Basement Sq Ft: 518
  • Upper Level Sq Ft: 1689
  • Main Level Sq Ft: 1319
  • Existing Basement/Foundation: No
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Balcony, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 1295000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Combination

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 2
  • ParkingTotal: 4
  • Driveway: Brick,Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

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

  • Lot Dimensions: 50X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3385
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Feb 29, 2024
Sold by
4600 Forest Llc
Bought by
Parise Steven and Proudfoot Katy
Seller's Agent
Shaine Muha
john greene, Realtor
Buyer's Agent
Beth Burtt
@properties Christie's International Real Estate
List Price
$1,295,000
Sold Price
$1,320,000
Premium/Discount to List
$25,000
1.93%
Views
81
Current Estimated Value
$1,403,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,578
Avg. Annual Appreciation
3.86%
Original Mortgage
$820,000
Outstanding Balance
$804,237
Interest Rate
5.85%
Mortgage Type
Construction
Estimated Equity
$599,341

Purchase Details

Listed on
Oct 5, 2022
Closed on
Jan 6, 2023
Sold by
Greybar Joseph F and Greybar Jayne A
Bought by
4600 Forest Llc
Seller's Agent
Meredith Van Syckle
Jameson Sotheby's International Realty
Buyer's Agent
Shaine Muha
john greene, Realtor
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
252.49%

Purchase Details

Closed on
May 27, 2021
Sold by
Nicholas Daniel R and Nicholas Cynthia B
Bought by
Greybar Joseph F and Greybar Jayne A

Purchase Details

Closed on
Dec 3, 2010
Sold by
Chicago Title Land Trust Company
Bought by
Nicholas Daniel R and Nicholas Cynthia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$751,200
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2010
Sold by
Bradford & Kent Properties Llc
Bought by
Chicago Title Land Trust Company and Trust #8002355094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$751,200
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Mcdonald Marie J
Bought by
Bradford & Kent Properties Llc

Purchase Details

Closed on
Dec 15, 2005
Sold by
Western Springs National Bank & Trust
Bought by
Mcdonald Marie J and Mcdonald Family Declaration Of Trust
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
Parise Steven $1,320,000 None Listed On Document
4600 Forest Llc $310,000 Premier Title
Greybar Joseph F $232,500 Attorney
Nicholas Daniel R $939,000 Chicago Title Land Trust Co
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Bradford & Kent Properties Llc $350,000 M G R Title
Mcdonald Marie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parise Steven $820,000
Previous Owner Nicholas Daniel R $751,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $1,320,000 +1.9% $439 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $1,295,000 +317.7% $431 / Sq Ft
01/06/2023 01/06/23 Sold $310,000 -4.6% $71 / Sq Ft View Prior Sale
11/19/2022 11/19/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $325,000 -- $74 / 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 $18,349 $326,003 $64,496 $261,507
2023 $3,524 $59,290 $59,290 $0
2022 $3,385 $57,510 $57,510 $0
2021 $3,170 $56,860 $56,860 $0
2020 $3,113 $55,730 $55,730 $0
2019 $3,020 $53,470 $53,470 $0
2018 $3,041 $53,210 $53,210 $0
2017 $2,950 $51,200 $51,200 $0
2016 $2,898 $48,860 $48,860 $0
2015 $2,875 $45,970 $45,970 $0
2014 $2,881 $44,700 $44,700 $0
2013 $2,823 $44,490 $44,490 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11887789

Midwest Real Estate Data (MRED)

APN: 09-05-321-013