NOT LISTED FOR SALE

4905 Elm St Downers Grove, IL 60515

Estimated Value: $971,000 - $1,184,000

5 Beds
5 Baths
2,813 Sq Ft
$389/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $850,000 $302 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,215/month

Highlights

  • Mature Trees
  • Deck
  • Vaulted Ceiling
  • Lester Elementary School Rated A-
  • Property is near a park
  • Traditional Architecture

About This Home

As of April 2020

IDEAL location! Coveted Washington Park is just two houses away and 4 blocks from vibrant downtown shopping, restaurants and Main Street train station. This 5-bedroom, updated home exudes sophistication and contemporary details. The open floorplan showcases hardwood floors and designer lighting with great flow through the living and dining rooms leads you to the NEW all-white chef's kitchen with Sub-Zero/Wolf appliances. Impressive pantry reveal tons of storage and flows into stylish family room equipped with surround sound and custom built-ins and fireplace. Large windows and French doors allow natural light in from backyard, where a Trex deck, brick paver patio and gas fire pit await guests for summer parties or a quiet dinner al fresco! All the closets have been custom created by Closets by Design! All overlooking the professional landscaped yard and NEW garage! Finished basement with home theater room is perfect for entertaining. Bonus 1st floor bedroom (potential in-law suite) and 2nd-floor bedrooms and spacious master suite with on-trend spa bath.

Last Agent to Sell the Property

Patrick Lally

@properties Christie's International Real Estate License #475158385 Listed on: 02/21/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Jessica DeVries

Southwestern Real Estate, Inc. License #475160694

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,384

Year Built

  • Built in 1927 | Remodeled in 2006

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,813 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom
  • Basement Window Egress

Outdoor Features

  • Deck
  • Brick Porch or Patio
  • Fire Pit

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Tennis Courts
  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,384

Year Built

Built in 1927 | Remodeled in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2006

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, Second Floor Laundry, First Floor Full Bath, Built-in Features
  • LivingArea: 2813
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2813
  • Basement Description: Finished,Egress Window
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Full,Pull Down Stair,Unfinished

Exterior Features

  • ExteriorFeatures: Deck, Brick Paver Patio, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 850000
  • Lot Features: Park Adjacent, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

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: 0.17
  • Lot Dimensions: 50 X 150
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12384.14
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 6, 2020
Sold by
Graham Benedict and Graham Gina
Bought by
Mcgowan Michael G and Mcgowan Renee B
Seller's Agent
Patrick Lally
@properties Christie's International Real Estate
Buyer's Agent
Jessica DeVries
Southwestern Real Estate, Inc.
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,093,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,452
Avg. Annual Appreciation
4.64%
Original Mortgage
$722,500
Outstanding Balance
$638,219
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$455,233

Purchase Details

Closed on
Jun 17, 2008
Sold by
Jemco Builders Inc
Bought by
Graham Benedict and Graham Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2006
Sold by
Parker Stephen J and Parker Dawn
Bought by
Jemco Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
7.79%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 15, 2002
Sold by
Rissing Deborah and Baurac Deborah
Bought by
Parker Stephen J and Parker Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,950
Interest Rate
6.92%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 1999
Sold by
Larsen David and Larsen Allison
Bought by
Baurac Deborah

Purchase Details

Closed on
Nov 28, 1996
Sold by
Freibert Ralph William
Bought by
Larsen David and Larsen Allison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,800
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Mcgowan Michael G $850,000 Chicago Title
Graham Benedict $675,000 Ticor Title
Jemco Builders Inc $295,000 First American Title
Parker Stephen J $206,000 First American Title Ins
Baurac Deborah $157,000 --
Larsen David $113,500 Premier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowan Michael G $722,500
Previous Owner Graham Benedict $380,000
Previous Owner Jemco Builders Inc $535,000
Previous Owner Parker Stephen J $202,950
Previous Owner Larsen David $107,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2020 04/08/20 Sold $850,000 0.0% $302 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $850,000 -- $302 / 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 $17,216 $308,706 $62,918 $245,788
2023 $16,394 $283,790 $57,840 $225,950
2022 $15,460 $268,690 $54,770 $213,920
2021 $13,157 $265,640 $54,150 $211,490
2020 $14,211 $260,380 $53,080 $207,300
2019 $13,157 $249,840 $50,930 $198,910
2018 $12,384 $234,850 $50,640 $184,210
2017 $11,999 $225,990 $48,730 $177,260
2016 $11,773 $215,680 $46,510 $169,170
2015 $12,147 $201,330 $43,760 $157,570
2014 $11,738 $188,090 $38,680 $149,410
2013 $11,500 $187,210 $38,500 $148,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10644422

Midwest Real Estate Data (MRED)

APN: 09-08-202-002