NOT LISTED FOR SALE

479 N Addison Ave Unit B3 Elmhurst, IL 60126

Estimated Value: $339,000 - $573,000

2 Beds
3.5 Baths
1,428 Sq Ft
$312/Sq Ft Est. Value

Last Sold November 17, 2014

Last sale price $143,500 $100 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,869/month

Highlights

  • Loft
  • 2 Fireplaces
  • Balcony
  • Emerson Elementary School Rated A
  • Lower Floor Utility Room
  • 4-minute walk to Jaycee Tot Lot

About This Home

As of April 2023

Unbeatable location ** Close to major highways ** Townhouse with finished basement with full bath ** 2 BRs with 3.5 baths ** 1 car attached garage and one additional designated parking spot ** Spacious Living Room with hardwood Floors ** All appliances included ** Freshly painted ** Please submit attached application, W2 from last year, recent pay stubs, recent bank statement and copy of DL *** No pets preferred but landlord will allow pets based on the merits of the application. There will be either an additional security deposit or an increased monthly rent due to the pets.

Last Agent to Rent the Property

Vipin Gulati

RE/MAX Professionals Select License #471009332 Listed on: 03/20/2023

RE/MAX Professionals Select

Last Renter's Agent

Vipin Gulati

RE/MAX Professionals Select License #471009332 Listed on: 03/20/2023

RE/MAX Professionals Select

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,211

Year Built

  • Built in 1984

Lot Details

  • 871

Parking

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

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,428 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Lower Floor Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Balcony
  • Patio

Schools

  • Emerson Elementary School
  • Churchville Middle School
  • York Community High School

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Property Available on 3/1/23

Community Details

Overview

  • 10 Units
  • Lake Point Subdivision
  • Property managed by Lake Point Homeowners Association

Amenities

  • Common Area

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,211

Year Built

Built in 1984

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-03-01
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2300
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Townhouse-2 Story
  • Property Sub-Type: Attached
  • Subdivision Name: Lake Point
  • Year Built: 1984
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Fireplaces: 2
  • LivingArea: 1428
  • Other Equipment: TV-Cable, Sump Pump
  • Room Type: Balcony/Porch/Lanai, Loft, Utility Room-Lower Level
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 2300
  • Lot Features: Common Grounds
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • 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
  • Electric: 100 Amp Service
  • Heating: Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Management: Self-Management
  • Management Company: Lake Point Homeowners Association

Schools

  • Elementary School: Emerson Elementary School
  • High School: York Community High School
  • Middle/Junior School: Churchville Middle School
  • Middle/Junior School District: 205

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
Nov 13, 2014
Sold by
Fannie Mae
Bought by
Kuchipudi Lokesh
Seller's Agent
Peter Drossos
Peter Drossos Real Estate
Buyer's Agent
Deepa Kuchipudi
@properties Christie's International Real Estate
List Price
$230,900
Sold Price
$143,500
Premium/Discount to List
-$87,400
-37.85%
Current Estimated Value
$445,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,650
Avg. Annual Appreciation
10.39%
Original Mortgage
$114,800
Outstanding Balance
$40,473
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$379,529

Purchase Details

Closed on
Dec 17, 2013
Sold by
Hill Lomotan and Hill Deborah
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 19, 1999
Sold by
Patel Parag V and Desai Rupa V
Bought by
Hill Lomotan Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,300
Interest Rate
6.76%
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
Kuchipudi Lokesh -- First American Title Company
Federal National Mortgage Association -- None Available
Hill Lomotan Deborah A $154,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuchipudi Lokesh $114,800
Previous Owner Hill Lomotan Deborah A $146,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Rented $2,350 +2.2% --
03/30/2023 03/30/23 Under Contract -- -- --
03/28/2023 03/28/23 Off Market $2,300 -- --
03/20/2023 03/20/23 For Rent $2,300 0.0% --
11/17/2014 11/17/14 Sold $143,500 -7.4% $103 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
10/06/2014 10/06/14 Price Changed $154,900 -13.9% $111 / Sq Ft
09/04/2014 09/04/14 Price Changed $179,900 -5.3% $129 / Sq Ft
07/31/2014 07/31/14 Price Changed $189,900 -7.3% $136 / Sq Ft
06/14/2014 06/14/14 Price Changed $204,900 -4.7% $146 / Sq Ft
05/12/2014 05/12/14 Price Changed $215,000 -6.9% $154 / Sq Ft
04/09/2014 04/09/14 For Sale $230,900 -- $165 / 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 $6,211 $109,422 $28,892 $80,530
2023 $5,714 $100,590 $26,560 $74,030
2022 $4,989 $87,450 $23,090 $64,360
2021 $4,770 $83,770 $22,120 $61,650
2020 $4,482 $80,240 $21,190 $59,050
2019 $4,430 $77,150 $20,370 $56,780
2018 $4,456 $77,150 $20,370 $56,780
2017 $4,363 $73,740 $19,470 $54,270
2016 $4,167 $68,090 $17,980 $50,110
2015 $4,072 $62,900 $16,610 $46,290
2014 $4,430 $62,900 $16,610 $46,290
2013 $4,415 $64,180 $16,950 $47,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11740748

Midwest Real Estate Data (MRED)

APN: 03-35-406-040