NOT LISTED FOR SALE

480 Madison Ave Glencoe, IL 60022

Estimated Value: $624,116 - $840,000

3 Beds
2 Baths
1,211 Sq Ft
$591/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $465,000 $384 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,165/month

176 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Fenced Yard
  • Central School Rated A
  • Lower Floor Utility Room
  • 3-minute walk to Vernon Playground

About This Home

As of July 2019

Fabulous Location and Great Home!!! Move in ready, newer white kitchen, granite counter tops, most windows have been replaced, new front brick walk with sitting area, new brick patio, new upstairs bath, newer downstairs bath, new paint, and carpet beautiful hardwood floors and closet systems. Great backyard! Location, Location, Location Walk to town, parks, train, bus stop, ice rink and schools. I have a financial interest.

Last Agent to Sell the Property

Jim Clark

James Clark License #471008062 Listed on: 01/07/2019

Last Buyer's Agent

Oksana Chura

North Shore Prestige Realty License #471008202

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1962 | 2018

Lot Details

  • Fenced Yard
  • Landscaped Professionally
  • Mature Trees

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Lower Floor Utility Room
  • North or South Exposure
  • Brick Porch or Patio
  • Property is near bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Year Built | Renovated

1962 | 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Square Footage Comments: Sq. Ft. per assessor
  • Total Full or Half Bathrooms: 2
  • Style Of House: Tri-Level
  • Type Detached: 2 Stories
  • Estimated Year Built: 1962
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962
  • Year Renovated: 2018

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X18, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Attic: Unfinished
  • Basement: Walkout
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X12, On Level: Lower, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 9X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Utility Room-Lower Level
  • Master Bedroom: Dimensions: 12X13, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 1 Name: Utility Room-Lower Level, Dimensions: 8X12, On Level: Lower, Flooring: Vinyl
  • Bedroom 2: Dimensions: 11X12, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Bedroom 3: Dimensions: 9X11, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Estimated Sq Ft: 1211
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 14X20, On Level: Lower, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Brick Paver Patio
  • Exposure: N (North)

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt, Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 35
  • Elementary School #2: West School

Lot Info

  • Lot Dimensions: 48 X 182
  • Lot Description: Fenced Yard, Landscaped Professionally, Mature Trees
  • Parcel Identification Number: 05074160070000

Tax Info

  • Taxes: 8269.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jul 31, 2019
Sold by
Tone Julie
Bought by
Popa Michael and Popa Ligia C
Seller's Agent
Jim Clark
James Clark
Buyer's Agent
Oksana Chura
North Shore Prestige Realty
List Price
$549,000
Sold Price
$465,000
Premium/Discount to List
-$84,000
-15.3%
Current Estimated Value
$715,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,779
Avg. Annual Appreciation
6.87%
Original Mortgage
$372,000
Outstanding Balance
$323,310
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$392,469

Purchase Details

Closed on
Dec 7, 2015
Sold by
Tone Carol A
Bought by
Tone Carol A and Carol A Tone Declaration Of Trust

Purchase Details

Closed on
Aug 1, 1997
Sold by
Kusha Babak and Kusha Barbara B
Bought by
Hurley Patricia P

Purchase Details

Closed on
Apr 19, 1995
Sold by
Lewis Robert and Lewis Dotsy
Bought by
Kusha Babak and Kusha Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Popa Michael $465,000 Ata Gmt Title Agency
Tone Carol A -- Attorney
Hurley Patricia P $183,333 --
Kusha Babak $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popa Michael $372,000
Previous Owner Kusha Babak $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $465,000 -5.1% $384 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $489,900 -2.0% $405 / Sq Ft
06/20/2019 06/20/19 Price Changed $499,900 -1.0% $413 / Sq Ft
05/30/2019 05/30/19 Price Changed $504,900 -2.7% $417 / Sq Ft
05/08/2019 05/08/19 Price Changed $519,000 -1.9% $429 / Sq Ft
03/28/2019 03/28/19 Price Changed $529,000 -1.9% $437 / Sq Ft
03/11/2019 03/11/19 Price Changed $539,000 -1.8% $445 / Sq Ft
01/07/2019 01/07/19 For Sale $549,000 -- $453 / 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
2025 $5,373 $30,354 $12,230 $18,124
2024 $5,373 $24,920 $10,920 $14,000
2023 $4,995 $24,920 $10,920 $14,000
2022 $4,995 $24,920 $10,920 $14,000
2021 $4,887 $20,044 $7,862 $12,182
2020 $4,802 $20,044 $7,862 $12,182
2019 $4,625 $21,788 $7,862 $13,926
2018 $5,028 $19,780 $6,988 $12,792
2017 $4,135 $19,780 $6,988 $12,792
2016 $4,090 $19,780 $6,988 $12,792
2015 $4,382 $18,978 $5,787 $13,191
2014 $4,285 $18,978 $5,787 $13,191
2013 $4,075 $18,978 $5,787 $13,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10167277

Midwest Real Estate Data (MRED)

APN: 05-07-416-007-0000