NOT LISTED FOR SALE

4728 Lee Ave Downers Grove, IL 60515

Estimated Value: $1,613,000 - $1,829,137

0.4 Acre
$4,296,960 Price per Acre
17,424 Sq Ft Lot

Last Sold May 16, 2016

Last sale price $387,000

Est. 344% increase in value since last sale

Current estimated payment $11,669/month

35 Days on Market

About This Lot

As of May 2016

Fantastic Opportunity to Build Your Dream Home in a Rapidly Changing and Coveted Area of Downers Grove. Walk to Hoopers Hollow Park. Excellent School Dist. All the Hard Work has been Done for You- Tear Down Completed, Land has been Graded, Trees Cleaned Out, Utilities at Site. Owners are Sad but Ready to Sell. 5200 sq ft House Plans Available. Just Imagine Creating Your Own Masterpiece

Last Agent to Sell the Property

Linda Conforti

Jameson Sotheby's International Realty License #475159420 Listed on: 02/17/2016

Jameson Sotheby's International Realty

Last Buyer's Agent

Chris Salman

Realty Executives Legacy License #475146327

Realty Executives Legacy

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,135

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$30,135

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Potential Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Cleared
  • Road Surface: Concrete

Exterior Features

  • Lot Size: .25-.49 Acre
  • Acreage: 0.4
  • Frontage Access: Public Road
  • Front Footage: 60

Schools

  • School District: 99
  • Elementary School: PIERCE DOWNER ELEMENTARY SCHOOL
  • Middle School: HERRICK MIDDLE SCHOOL
  • High School: NORTH HIGH SCHOOL
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 60X300
  • Parcel Identification Number: 0907102019

Tax Info

  • Taxes: 4,645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
May 6, 2016
Sold by
Lipinski Paul M and Lipinski Caroline M
Bought by
Robinson Benjamin L and Robinson Jennifer A
Seller's Agent
Linda Conforti
Jameson Sotheby's International Realty
Buyer's Agent
Chris Salman
Realty Executives Legacy
List Price
$389,000
Sold Price
$387,000
Premium/Discount to List
-$2,000
-0.51%
Current Estimated Value
$1,718,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,331,784
Avg. Annual Appreciation
17.68%

Purchase Details

Closed on
Apr 30, 2008
Sold by
Kusta Edward D
Bought by
Lipinski Paul M and Lipinski Caroline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,600
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 18, 2006
Sold by
Geiger Brett A and Geiger Lisa B
Bought by
Kusta Edward D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,800
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Fenter Paul A and Leong Lai Y
Bought by
Geiger Brett A and Geiger Lisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1998
Sold by
Vanek Joseph M and Vanek Laura L
Bought by
Fenter Paul A and Leong Lai Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Robinson Benjamin L $387,000 Chicago Title Insurance Co
Lipinski Paul M $452,000 None Available
Kusta Edward D $589,000 Git
Geiger Brett A $390,000 Wheatland Title
Fenter Paul A $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Benjamin L $113,400
Open Robinson Benjamin L $630,000
Open Robinson Benjamin L $939,000
Previous Owner Lipinski Paul M $361,600
Previous Owner Kusta Edward D $468,800
Previous Owner Geiger Brett A $165,000
Previous Owner Geiger Brett A $50,907
Previous Owner Geiger Brett A $312,000
Previous Owner Fenter Paul A $205,000
Previous Owner Fenter Paul A $201,600
Closed Geiger Brett A $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $387,000 -0.5% --
03/23/2016 03/23/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $389,000 -- --
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 $30,135 $526,365 $104,005 $422,360
2023 $28,763 $483,880 $95,610 $388,270
2022 $28,467 $483,680 $92,730 $390,950
2021 $26,657 $478,180 $91,680 $386,500
2020 $26,185 $468,710 $89,860 $378,850
2019 $25,399 $449,730 $86,220 $363,510
2018 $25,554 $447,100 $81,860 $365,240
2017 $12,059 $82,540 $82,540 $0
2016 $4,672 $78,780 $78,780 $0
2015 $4,636 $74,120 $74,120 $0
2014 $4,646 $72,070 $72,070 $0
2013 $4,552 $71,730 $71,730 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09141414

Midwest Real Estate Data (MRED)

APN: 09-07-102-019