NOT LISTED FOR SALE

4601 Oakwood Ave Downers Grove, IL 60515

Estimated Value: $607,946 - $664,000

3 Beds
1.5 Baths
1,892 Sq Ft
$335/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $520,000 $275 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,998/month

1 Day on Market

Highlights

  • Mature Trees
  • Property is near a park
  • Sitting Room
  • Pierce Downer Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2023

Seller Has Accepted an Offer! Fabulous location for this 50 X 296 lot! 1/2 block to highly sought after Pierce Downer and blocks from Herrick and Downers North. Home had an addition in the past with a family room added and expanded primary bedroom above it. Tons of potential here. Can rehab or tear down and start fresh on this deep lot. Walk to train, town, library, restaurants & shopping. Easy access to expressways. Walk to Prince Pond and park. Highly sought after neighborhood and street. Home being Sold As-Is.

Last Agent to Sell the Property

Patti Michels

Compass License #475141453 Listed on: 04/28/2023

Compass

Co-Listed By

Chase Michels

Compass License #475154454

Last Buyer's Agent

Melissa Walsh

Coldwell Banker Real Estate Group License #475171350

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,945

Year Built

  • Built in 1949

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50x296
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,892 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

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

  • Patio
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,945

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1892
  • Room Type: Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 832
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Dimensions: 50X296
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6944.98
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 15, 2023
Sold by
Mcconachie Ann E
Bought by
Mazza Michael and Mazza Abigail
Seller's Agent
Patti Michels
Compass
Buyer's Agent
Melissa Walsh
Coldwell Banker Real Estate Group
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Views
39
Current Estimated Value
$633,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,487
Avg. Annual Appreciation
8.46%
Original Mortgage
$494,000
Outstanding Balance
$480,239
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$153,248

Purchase Details

Closed on
Jun 5, 2001
Sold by
Heflin Edward B
Bought by
Mcconachie Ann E

Purchase Details

Closed on
Mar 11, 1996
Sold by
Mcconachie Ann E
Bought by
Heflin Edward B and Mcconachie Ann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.06%
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
Mazza Michael $520,000 Chicago Title Insurance Compan
Mcconachie Ann E -- --
Heflin Edward B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazza Michael $494,000
Previous Owner Heflin Edward B $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $520,000 +4.2% $275 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $499,000 -- $264 / 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 $8,188 $151,019 $70,522 $80,497
2023 $7,777 $138,830 $64,830 $74,000
2022 $7,420 $132,080 $61,680 $70,400
2021 $6,945 $130,580 $60,980 $69,600
2020 $6,815 $127,990 $59,770 $68,220
2019 $6,597 $122,810 $57,350 $65,460
2018 $6,432 $118,540 $57,020 $61,520
2017 $6,226 $114,070 $54,870 $59,200
2016 $6,101 $108,870 $52,370 $56,500
2015 $6,031 $102,430 $49,270 $53,160
2014 $6,033 $99,590 $47,900 $51,690
2013 $5,910 $99,130 $47,680 $51,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11739677

Midwest Real Estate Data (MRED)

APN: 09-06-413-012