NOT LISTED FOR SALE

4831 Cornell Ave Downers Grove, IL 60515

Estimated Value: $662,000 - $1,343,000

3 Beds
2 Baths
1,008 Sq Ft
$1,104/Sq Ft Est. Value

Last Sold November 14, 2013

Last sale price $300,000 $298 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $7,505/month

159 Days on Market

Highlights

  • Recreation Room
  • Pierce Downer Elementary School Rated A-
  • Detached Garage

About This Home

As of November 2013

HOME BEING SOLD" AS IS' . GREAT POTENTIAL FOR REHAB OR TO BUILD A NEW HOME. AMAZING DEEP WOODED LOT 60 X 300. WALK TO BELMONT STATION AND GOOD SCHOOLS.

Last Agent to Sell the Property

Linda Feinstein

Compass License #471004664 Listed on: 04/11/2013

Compass

Last Buyer's Agent

Jill Hare

Jameson Sotheby's Intl Realty License #475130581

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $18,954

Year Built

  • 1955

Lot Details

  • 0.41

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • Recreation Room

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$18,954

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Architectural Style: Tri-Level
  • Type Detached: Split Level
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Number Of Rooms: 6
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 13X9
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 14X10
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 11X9
  • Third Bedroom Flooring: Carpet
  • Family Room Level: Main Level
  • Family Room Size: 19X12
  • Family Room Flooring: Carpet
  • Kitchen Level: Main Level
  • Kitchen Size: 12X12
  • Kitchen Flooring: Vinyl
  • Additional Rooms: Recreation Room
  • Additional Room 1 Name: Recreation Rm
  • Additional Room 1 Level: Lower
  • Additional Room 1 Size: 19X18
  • Additional Room 1 Flooring: Vinyl

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

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

Lot Info

  • Lot Dimensions: 60 X 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2013
Closed on
Nov 13, 2013
Sold by
Sorensen Helen J and Estate Of John J Quinn
Bought by
Scheffki Michael L and Scheffki Carrie L
Seller's Agent
Linda Feinstein
Compass
Buyer's Agent
Jill Hare
Jameson Sotheby's Intl Realty
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%
Current Estimated Value
$1,113,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$813,009
Avg. Annual Appreciation
11.65%
Original Mortgage
$240,000
Outstanding Balance
$183,424
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$929,585
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
Scheffki Michael L $300,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheffki Michael L $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2013 11/14/13 Sold $300,000 -14.0% $298 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
08/27/2013 08/27/13 For Sale $349,000 0.0% $346 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $349,000 0.0% $346 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/16/2013 05/16/13 Price Changed $349,000 -10.3% $346 / Sq Ft
04/11/2013 04/11/13 For Sale $389,000 -- $386 / 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 $18,954 $339,068 $90,614 $248,454
2023 $17,359 $311,700 $83,300 $228,400
2022 $16,385 $296,080 $78,880 $217,200
2021 $15,339 $292,710 $77,980 $214,730
2020 $15,061 $286,920 $76,440 $210,480
2019 $14,930 $270,360 $73,340 $197,020
2018 $14,273 $255,730 $72,910 $182,820
2017 $13,831 $246,080 $70,160 $175,920
2016 $12,102 $145,700 $67,040 $78,660
2015 $4,274 $68,330 $57,280 $11,050
2014 $4,784 $80,220 $55,690 $24,530
2013 $4,686 $79,840 $55,430 $24,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08314462

Midwest Real Estate Data (MRED)

APN: 09-07-107-010