NOT LISTED FOR SALE

4850 Fairview Ave Downers Grove, IL 60515

Estimated Value: $1,187,000 - $1,384,000

1 Bed
3 Baths
1,864 Sq Ft
$686/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $105,000 $56 Per Sq Ft

Est. 1,118% increase in value since last sale

Current estimated payment $8,289/month

24 Days on Market

Highlights

  • Forced Air Zoned Heating and Cooling System
  • 5-minute walk to Downers Grove Fairview Avenue Station
  • 4-minute walk to Hummer Park
  • Lester Elementary School Rated A-

About This Home

As of February 2016

Prime location across from Hummer Park, brick free standing building. Water,electric,gas and sewer in building. Last use was a day care center. Residential conversion allowed. Excellent location, 2 block walk to train. Excellent schools! Zoning is R-4. Two PIN numbers, was two separate buildings, now connected in the center. Owner flexible and will consider all reasonable offers. Possible owner financing!

Last Agent to Sell the Property

John Cartina

Windsor Real Estate Services, Inc. License #471009303 Listed on: 12/26/2015

Last Buyer's Agent

Nicholas Nachich

infillRE, LLC/teardowns.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,081

Year Built

  • 1928

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction
  • Block Foundation

Unfinished Basement

  • Partial Basement

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Included in Price

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,081

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train, Interstate Access
  • Age: 81-90 Years
  • Half Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 0.3
  • Type Detached: 1 Story
  • Estimated Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Number Of Rooms: 1
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level
  • Estimated Sq Ft: 1864

Exterior Features

  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Parking Details: Off Alley
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

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

Lot Info

  • Lot Dimensions: 50X125
  • Parcel Identification Number: 0908223025

Tax Info

  • Taxes: 3438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2018
Sold by
Ktp Real Estate Llc
Bought by
Scholle Michael D and Ramirez Scholle Sonya J
Current Estimated Value
$1,279,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Scholle Michael D -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scholle Michael D $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2016 02/11/16 Sold $105,000 -23.1% $56 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
12/26/2015 12/26/15 For Sale $136,500 -- $73 / 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 $18,081 $323,827 $45,383 $278,444
2023 $17,220 $297,690 $41,720 $255,970
2022 $15,470 $268,850 $39,500 $229,350
2021 $14,483 $265,790 $39,050 $226,740
2020 $14,220 $260,530 $38,280 $222,250
2019 $13,779 $249,980 $36,730 $213,250
2018 $14,140 $247,410 $36,510 $210,900
2017 $2,413 $41,880 $35,140 $6,740
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Cartina

    Windsor Real Estate Services, Inc.

    (630) 267-5047

    28 Total Sales

    John Cartina
    Section Image

  • N

    Buyer's Agent in 2016

    Nicholas Nachich

    infillRE, LLC/teardowns.com

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09105999

Midwest Real Estate Data (MRED)

APN: 09-08-223-031

Illinois DuPage County Downers Grove 60515

4850 Fairview Ave, Downers Grove, IL

This home is located at 4850 Fairview Ave, Downers Grove, IL 60515 since 26 December 2015 and is currently estimated at $1,279,114, approximately $686 per square foot. This property was built in 1928. 4850 Fairview Ave is a home located in DuPage County with nearby schools including Lester Elementary School, Herrick Middle School, and Downer Grove North High School.

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