NOT LISTED FOR SALE

4725 Florence Ave Downers Grove, IL 60515

Estimated Value: $1,158,000 - $1,411,000

4 Beds
4 Baths
5,586 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $1,057,000 $189 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,712/month

9 Days on Market

Highlights

  • Open Floorplan
  • Landscaped Professionally
  • Recreation Room
  • Lester Elementary School Rated A-
  • Mature Trees
  • Wood Flooring

About This Home

As of August 2023

PRICE DROP ---- SO MUCH HOME FOR THE MONEY! Welcome to this exceptional all-brick home with 5586 sf of finished living space (all levels) in sought-after north Downers Grove! STUNNING .5 ACRE LOT. Dedicated first floor office; Chef's kitchen; breakfast room with access to the private back yard; laundry with mud room. Second floor boasts a spacious primary suite with his/hers walk-in closets, generously sized spa bath with custom tile shower, dual vanity, and a coffee deck overlooking the back yard; two large secondary bedrooms; a large loft with a day bed; hall bath with dual vanity; and a huge bonus room that could be a 4th upstairs bedroom/studio/ playroom/teen hangout ----the possibilities are endless! The finished basement features NEW LVP flooring, a bedroom, full bath, recreation/game room, kitchenette, interior storage, and an enclosed exterior storage room for off-season patio furniture and grill. Expansive .5 acre back yard is partially fenced, very private, and professionally landscaped with a large paver patio perfect for cookouts with family and friends. Ideally situated within walking distance to nearby schools and Hummer Park, with easy access to bike trails, the forest preserve, shopping, restaurants, METRA, and I-88/355. Features Sheet can be downloaded under Additional Information.

Last Agent to Sell the Property

Christine Salisbury

Baird & Warner Fox Valley - Geneva License #475122642 Listed on: 07/07/2023

Baird & Warner Fox Valley -  Geneva

Last Buyer's Agent

Care Biolik

Real Broker LLC License #475182703

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,704

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 89x262x89x229
  • Partially Fenced Property
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,586 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Beamed Ceilings
  • Whole House Fan
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Loft
  • Bonus Room
  • Storage Room

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • <<bathWithWhirlpoolToken>>
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage
  • Basement Window Egress

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Brick Porch or Patio

Schools

  • Lester Elementary School
  • North High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Multiple Water Heaters
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,704

Year Built

Built in 2002

Lot Details

0

Parking

3

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: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • 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, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1483
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Bar-Wet, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Beamed Ceilings, Open Floorplan
  • LivingArea: 5586
  • Other Equipment: Central Vacuum, TV-Cable, CO Detectors, Ceiling Fan(s), Fan-Whole House, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Radon Mitigation System, Multiple Water Heaters
  • Room Type: Bedroom 5, Office, Loft, Bonus Room, Recreation Room, Foyer, Storage, Breakfast Room
  • Estimated Total Finished Sq Ft: 5426
  • Basement Description: Finished,Egress Window,Rec/Family Area,Storage Space
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Bidet
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: None
  • Total Sq Ft: 3943
  • Basement Sq Ft: 1643
  • Fireplace Location: Living Room
  • Total Sq Ft: 5586
  • Unfinished Basement Sq Ft: 160
  • Main Level Sq Ft: 3943
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 1079000
  • Lot Features: Landscaped, Mature Trees, Level, Partial Fencing
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lester Elementary School
  • High School: North High School
  • Middle/Junior School District: 58

Lot Info

  • Lot Dimensions: 89X262X89X229
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 17703.9
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 28, 2023
Sold by
Alice B Corcoran Declaration Of Trust
Bought by
Shedd David and Zhang Xiaochen
Seller's Agent
Christine Salisbury
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Care Biolik
Real Broker LLC
List Price
$1,200,000
Sold Price
$1,057,000
Premium/Discount to List
-$143,000
-11.92%
Views
40
Current Estimated Value
$1,298,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,488
Avg. Annual Appreciation
10.96%
Original Mortgage
$898,450
Outstanding Balance
$883,359
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$404,524

Purchase Details

Closed on
Aug 31, 2005
Sold by
Conti Gina L and Conti Massimo
Bought by
Alice B Corcoran Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 28, 2003
Sold by
Conti Gina L
Bought by
Conti Gina L and Conti Massimo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.35%

Purchase Details

Closed on
May 14, 1999
Sold by
Hecht June R and Lyons June R
Bought by
Conti Gina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Shedd David $1,057,000 None Listed On Document
Alice B Corcoran Declaration Of Trust $890,000 Chicago Title Insurance Comp
Conti Gina L -- Chicago Title Insurance Co
Conti Gina L $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shedd David $898,450
Previous Owner Corcoran James P $352,000
Previous Owner Alice B Corcoran Declaration Of Trust $416,000
Previous Owner Corcoran James P $417,000
Previous Owner Corcoran James P $50,000
Previous Owner Alice B Corcoran Declaration Of Trust $712,000
Previous Owner Conti Massimo $550,000
Previous Owner Conti Massimo $265,000
Previous Owner Conti Massimo $93,500
Previous Owner Conti Massimo $130,000
Previous Owner Conti Gina L $107,000
Previous Owner Conti Gina L $145,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $1,057,000 -2.0% $189 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $1,079,000 -10.1% $193 / Sq Ft
07/07/2023 07/07/23 For Sale $1,200,000 -- $215 / 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
2023 $18,238 $314,820 $81,680 $233,140
2022 $17,704 $306,810 $78,460 $228,350
2021 $16,413 $303,320 $77,570 $225,750
2020 $16,116 $297,310 $76,030 $221,280
2019 $15,618 $285,270 $72,950 $212,320
2018 $15,189 $274,470 $72,520 $201,950
2017 $14,717 $261,450 $69,740 $191,710
2016 $14,442 $249,520 $66,560 $182,960
2015 $14,307 $234,750 $62,620 $172,130
2014 $14,326 $228,240 $60,880 $167,360
2013 $14,036 $227,170 $60,590 $166,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11798937

Midwest Real Estate Data (MRED)

APN: 09-09-104-037