487 S Cottage Hill Ave Elmhurst, IL 60126
Estimated Value: $1,449,383 - $1,729,000
5
Beds
5
Baths
5,714
Sq Ft
$277/Sq Ft
Est. Value
Highlights
- Home Theater
- Recreation Room
- Home Office
- Hawthorne Elementary School Rated A
- Mud Room
- Lower Floor Utility Room
About This Home
As of September 2019There are reasons Island-designed homes are continually the preferred choice. Beyond the obvious distinctions in quality, there's an undeniable 'feel' that's just right. Enviably located in the true center of town-convenient to all that matters. Hawthorne elementary. Sandburg Junior High. Just steps to the Prairie Path. Fanatically well-maintained in excellent condition. Just move in. Excavated and flexicore under garage for a soundproof space. Standby generator. Kitchen features: SubZero & Wolf. A rare opportunity for a lucky family.
Last Listed By
@properties Christie's International Real Estate License #475100968 Listed on: 07/15/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,538
Year Built
- 2008
Lot Details
- Fenced Yard
Parking
- Attached Garage
- Brick Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- Bar Fridge
- Mud Room
- Entrance Foyer
- Home Theater
- Home Office
- Recreation Room
- Lower Floor Utility Room
- Storage Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Cooktop
- Bar Refrigerator
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
Laundry
- Laundry on upper level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Brick Porch or Patio
- Fire Pit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2019
Closed on
Sep 6, 2019
Sold by
Braverman Steven and Braverman Susan M
Bought by
Moratti Ryan P and Moratti Tammy L
Seller's Agent
Bryan Bomba
@properties Christie's International Real Estate
Buyer's Agent
Larry Reedy
L.W. Reedy Real Estate
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,346
Avg. Annual Appreciation
6.98%
Original Mortgage
$880,000
Outstanding Balance
$783,129
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$799,385
Purchase Details
Listed on
Jun 21, 2016
Closed on
Aug 31, 2016
Sold by
Leali David and Leali Maureen
Bought by
Braverman Steven and Braverman Susan M
Seller's Agent
Susan Nagel
L.W. Reedy Real Estate
Buyer's Agent
Bryan Bomba
@properties Christie's International Real Estate
List Price
$1,175,900
Sold Price
$1,140,000
Premium/Discount to List
-$35,900
-3.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.93%
Original Mortgage
$912,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Dec 8, 2014
Closed on
Feb 17, 2015
Sold by
Ackerberg Jeffrey C and Ackerberg Susan L
Bought by
Leali David
Seller's Agent
Jen Coyte
Coyte Advantage Realty
Buyer's Agent
Susan Nagel
L.W. Reedy Real Estate
List Price
$1,175,000
Sold Price
$1,135,000
Premium/Discount to List
-$40,000
-3.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%
Original Mortgage
$908,000
Interest Rate
4%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 1, 2010
Sold by
Ackerberg Jeffrey C and Ackerberg Susan L
Bought by
Ackerberg Jeffrey C and Ackerberg Susan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2009
Sold by
Island Construction Inc
Bought by
Ackerberg Jeffrey C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 9, 2007
Sold by
Maxwell Robert C and Maxwell Katherine P
Bought by
Island Construction Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Elmhurst, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moratti Ryan P | $1,075,000 | Proper Title Llc | |
| Braverman Steven | $1,140,000 | Old Republic Title | |
| Leali David | $1,135,000 | Indecomm Global Services | |
| Ackerberg Jeffrey C | -- | Plymouth Title Guaranty Corp | |
| Ackerberg Jeffrey C | $1,050,000 | Git | |
| Island Construction Inc | $379,000 | Pntn |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moratti Ryan P | $880,000 | |
| Previous Owner | Braverman Steven | $912,000 | |
| Previous Owner | Leali David | $908,000 | |
| Previous Owner | Ackerberg Susan L | $746,500 | |
| Previous Owner | Ackerberg Susan L | $760,000 | |
| Previous Owner | Ackerberg Jeffrey C | $800,000 | |
| Previous Owner | Ackerberg Jeffrey C | $840,000 | |
| Previous Owner | Island Construction Inc | $0 | |
| Previous Owner | Island Construction Inc | $284,000 | |
| Previous Owner | Maxwell Robert C | $50,000 | |
| Previous Owner | Maxwell Robert C | $120,000 | |
| Previous Owner | Maxwell Robert C | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2019 09/06/19 | Sold | $1,075,000 | -6.5% | $188 / Sq Ft |
| 07/25/2019 07/25/19 | Pending | -- | -- | -- |
| 07/15/2019 07/15/19 | For Sale | $1,150,000 | +0.9% | $201 / Sq Ft |
| 08/31/2016 08/31/16 | Sold | $1,140,000 | -3.1% | $310 / Sq Ft |
| 07/19/2016 07/19/16 | Pending | -- | -- | -- |
| 06/21/2016 06/21/16 | For Sale | $1,175,900 | +3.6% | $320 / Sq Ft |
| 02/20/2015 02/20/15 | Sold | $1,135,000 | -3.4% | $299 / Sq Ft |
| 01/14/2015 01/14/15 | Pending | -- | -- | -- |
| 12/08/2014 12/08/14 | For Sale | $1,175,000 | -- | $309 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $20,538 | $346,310 | $81,990 | $264,320 |
| 2022 | $19,821 | $332,880 | $78,810 | $254,070 |
| 2021 | $19,339 | $324,600 | $76,850 | $247,750 |
| 2020 | $18,599 | $317,490 | $75,170 | $242,320 |
| 2019 | $18,224 | $301,860 | $71,470 | $230,390 |
| 2018 | $20,456 | $336,200 | $67,660 | $268,540 |
| 2017 | $22,386 | $357,350 | $64,470 | $292,880 |
| 2016 | $21,948 | $336,640 | $60,730 | $275,910 |
| 2015 | $21,772 | $313,620 | $56,580 | $257,040 |
| 2014 | $20,782 | $275,670 | $44,920 | $230,750 |
| 2013 | $20,548 | $279,550 | $45,550 | $234,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Bomba
Seller's Agent in 2019
Bryan Bomba
@ Properties
(630) 286-9242
10 in this area
393 Total Sales
-
Larry Reedy
Buyer's Agent in 2019
Larry Reedy
L.W. Reedy Real Estate
(630) 334-4415
73 in this area
94 Total Sales
-
Susan Nagel
Seller's Agent in 2016
Susan Nagel
L.W. Reedy Real Estate
(630) 921-0833
32 in this area
64 Total Sales
-
Terri Vertovec
Seller Co-Listing Agent in 2016
Terri Vertovec
L.W. Reedy Real Estate
(630) 337-5961
16 in this area
36 Total Sales
-
Jen Coyte
Seller's Agent in 2015
Jen Coyte
Coyte Advantage Realty
(630) 408-5809
39 in this area
70 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10429273
APN: 06-11-216-011
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