NOT LISTED FOR SALE

488 W Verret St Elmhurst, IL 60126

Estimated Value: $338,000 - $400,219

3 Beds
2 Baths
864 Sq Ft
$428/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $245,000 $284 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,428/month

1 Day on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Walk-In Closet
  • Stella May Swartz Elementary School Rated A-
  • Detached Garage
  • Patio

About This Home

As of July 2020

A VERY VERY FINE HOUSE! Solid brick ranch on a spacious lot in terrific Elmhurst location has been cared for with extreme pride! The main level features 2 nice sized bedrooms, living room opening to the formal dining area, kitchen with updated cabinetry overlooks spectacular private back yard with large patio and mature landscaping. Awesome finished basement with spacious family room with recessed lighting, 3rd bedroom, 2nd full bath and a gigantic walk in closet. Oversized 2 car garage. Low tax district 48, walking distance to Eldridge park. Hurry, this one will not last! Property is in excellent condition but is sold AS-IS. Estate sale

Last Agent to Sell the Property

Tom Fosnot

J.W. Reedy Realty License #475137941 Listed on: 06/24/2020

Last Buyer's Agent

Tom Fosnot

J.W. Reedy Realty License #475137941 Listed on: 06/24/2020

Home Details

Home Type

  • Single Family

Year Built

  • 1949

Lot Details

  • 8,712

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 864
  • Unfinished Basement Sq Ft: 132
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1949
  • Tax Exemptions: Homeowner, Senior
  • Total Sq Ft: 1728
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X22, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 10X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Additional Rooms: Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Foyer, Dimensions: 4X5, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Walk in Closet, Dimensions: 9X10, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 10X11, On Level: Basement, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 864
  • Estimated Total Finished Sq Ft: 1596
  • Basement Sq Ft: 864
  • Basement Finished Sq Ft: 732
  • Main Level Sq Ft: 864
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X17, On Level: Basement, Flooring: Carpet, Windows: None

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.2

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 864

Schools

  • Junior High Dist: 48

Lot Info

  • Lot Dimensions: 91X143X30X142
  • Parcel Identification Number: 0614304005

Tax Info

  • Taxes: 1822.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 16, 2020
Sold by
Olson Branka and Olson Jeff
Bought by
Nelson Jonathan P and Nelson Elizabeth A
Seller's Agent
Tom Fosnot
J.W. Reedy Realty
Buyer's Agent
Tom Fosnot
J.W. Reedy Realty
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%
Current Estimated Value
$373,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,950
Avg. Annual Appreciation
7.89%
Original Mortgage
$196,000
Outstanding Balance
$173,441
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$196,614

Purchase Details

Closed on
Nov 4, 2019
Sold by
Sindik Milica
Bought by
Olson Branka

Purchase Details

Closed on
Jul 25, 2003
Sold by
Lane James D and Lane Julie A
Bought by
Sindik Victor and Sindik Milica

Purchase Details

Closed on
Aug 14, 1996
Sold by
Reedy Daniel S and Reedy Christina M
Bought by
Lane James D and Lane Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,740
Interest Rate
8.18%
Mortgage Type
VA

Purchase Details

Closed on
Dec 31, 1995
Sold by
Reedy Daniel S and Reedy William H
Bought by
Reedy Daniel S and Reedy Christina M

Purchase Details

Closed on
Jul 22, 1994
Sold by
Tymusz Antonia
Bought by
Reedy Daniel S and Reedy William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
8.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nelson Jonathan P $245,000 Attorney
Olson Branka -- Attorney
Sindik Victor $220,000 None Available
Lane James D $137,000 First American Title
Reedy Daniel S -- --
Reedy Daniel S $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Jonathan P $196,000
Previous Owner Lane James D $139,740
Previous Owner Reedy Daniel S $93,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $245,000 +2.5% $284 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $239,000 -- $277 / 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 $5,555 $110,648 $41,428 $69,220
2023 $4,759 $102,320 $38,310 $64,010
2022 $3,825 $83,070 $36,830 $46,240
2021 $3,889 $81,000 $35,910 $45,090
2020 $1,775 $87,170 $35,120 $52,050
2019 $1,799 $82,880 $33,390 $49,490
2018 $1,847 $83,370 $31,610 $51,760
2017 $1,914 $79,440 $30,120 $49,320
2016 $1,920 $74,830 $28,370 $46,460
2015 $2,041 $69,710 $26,430 $43,280
2014 $2,140 $44,800 $24,120 $20,680
2013 $2,126 $45,430 $24,460 $20,970
Source: Public Records

Agents Affiliated with this Home

  • Tom Fosnot

    Seller's Agent in 2020

    Tom Fosnot

    J.W. Reedy Realty

    (630) 629-0016

    9 in this area

    287 Total Sales

    Tom Fosnot
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10758445

Midwest Real Estate Data (MRED)

APN: 06-14-304-005

Illinois DuPage County Elmhurst 60126

488 W Verret St, Elmhurst, IL

Not Listed for Sale

Detached

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