NOT LISTED FOR SALE

4816 Elm St Downers Grove, IL 60515

Estimated Value: $668,000 - $754,000

5 Beds
3 Baths
2,352 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $635,000 $270 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,532/month

32 Days on Market

Highlights

  • Sauna
  • Multiple Garages
  • Property is near a park
  • Lester Elementary School Rated A-
  • Open Floorplan
  • 4-minute walk to Washington Park

About This Home

As of June 2024

Multiple Offers Received!! THE ICONIC 90x197 Property Adjacent to Downtown Downers Grove's Washington Park and within 2 Blocks to Central Downtown Downers & 4 Blocks to the Main Street Metra BNSF Express Train Station. Undeniably one of the BEST LOCATIONS IN DOWNTOWN DOWNERS GROVE. THIS is where Dreams are Built and the possibilities for this property are truly open ended. Build your dream home with future pool potential, renovate for instant sweat equity, great investment property, or occupy and update as needed while enjoying Washington Park as your neighbor. THIS IS AN INCREDIBLE PROPERTY & has HUGE potential on an expansive .41 Acre Lot. Beautiful Solid Built home has 5 Bedrooms, 3 Full Bathrooms, 4 Car Garage (2 Car Attached & 2 Car Detached), Open Layout on the Main Level and Full Basement with Family Room and walkout to the stunning backyard. Major components to the home have been updated within the past few years; new vinyl windows, new roof & gutters, new furnace & ac, new water heater, new vinyl siding & fascia, walkout basement with new concrete patio & new patio door, new electrical panel, 2 of the bathrooms updated, updated stainless steel kitchen appliances, and more! Main level features solid hardwood floors throughout Living Room, Dining Room, Foyer, and 3 Bedrooms. Main level includes Bright open layout with Living Room open to the Dining Room and Kitchen. Primary bedroom with updated ensuite full bathroom with shower and 2 additional bedrooms along with a hallway updated full bathroom with soaking tub complete the Main level living areas. The walkout basement includes a large recreation family room with newer sliding glass doors that walkout to the newer concrete patio overlooking the expansive private backyard. Basement recreation area includes additional room for an eating area, full bathroom with shower, 2 additional bedrooms, flex room/office, and laundry/utility room with washer/dryer and sink. Property sits on one of the most desirable streets in town and within the most highly sought after schools; Lester Elementary, Herrick Middle, & Downers North High School. Blocks to SEVERAL Private Schools in town as well. Welcome Home to Downtown Downers Grove Living. Pre Approvals or proof of funds required to schedule a showing of the property & Buyers must be accompanied by their agent.

Last Agent to Sell the Property

Natalie Weber

Keller Williams Experience License #475141426 Listed on: 05/16/2024

Keller Williams Experience

Last Buyer's Agent

Natalie Weber

Keller Williams Experience License #475141426 Listed on: 05/16/2024

Keller Williams Experience

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,067

Year Built

  • Built in 1963

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 90x197
  • Paved or Partially Paved Lot

Parking

  • 4 Car Garage
  • Multiple Garages
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Split Level Home
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,352 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Replacement Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Sauna
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Lester Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater

Additional Features

  • Patio
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,067

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: 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, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 1120
  • Interior Amenities: Sauna/Steam Room, Hardwood Floors, First Floor Full Bath, Open Floorplan, Replacement Windows
  • LivingArea: 2352
  • Other Equipment: CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Room Type: Foyer, Bedroom 5, Office
  • Estimated Total Finished Sq Ft: 2352
  • Basement Description: Finished,Exterior Access,Rec/Family Area,Sleeping Area,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1232
  • Basement Sq Ft: 1120
  • Square Footage Comments: Includes Walkout basement.
  • Total Sq Ft: 2352
  • Main Level Sq Ft: 1232
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 600000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, 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: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Lot Size Acres: 0.41
  • Lot Dimensions: 90X197
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9067
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 5, 2024
Sold by
John C Kannaby C and John Marcia M
Bought by
Christopher S Paul Revocable Living Trust
Seller's Agent
Natalie Weber
Keller Williams Experience
Buyer's Agent
Natalie Weber
Keller Williams Experience
List Price
$600,000
Sold Price
$635,000
Premium/Discount to List
$35,000
5.83%
Views
10
Current Estimated Value
$712,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,074
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Mar 27, 2015
Sold by
Kannaby John C and Kannaby Marcia M
Bought by
Revoca John C Kannaby and Revoca Marcia M Kannaby
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Christopher S Paul Revocable Living Trust $635,000 Chicago Title
Revoca John C Kannaby -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $635,000 +5.8% $270 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $600,000 -- $255 / 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 $9,580 $183,327 $122,323 $61,004
2023 $9,067 $168,530 $112,450 $56,080
2022 $8,744 $159,570 $106,470 $53,100
2021 $8,181 $157,760 $105,260 $52,500
2020 $8,025 $154,640 $103,180 $51,460
2019 $7,759 $148,380 $99,000 $49,380
2018 $7,548 $143,060 $98,440 $44,620
2017 $7,298 $137,670 $94,730 $42,940
2016 $7,140 $131,390 $90,410 $40,980
2015 $7,043 $123,610 $85,060 $38,550
2014 $6,374 $109,880 $75,180 $34,700
2013 $6,243 $109,370 $74,830 $34,540
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12034128

Midwest Real Estate Data (MRED)

APN: 09-08-113-017