NOT LISTED FOR SALE

4931 Cornell Ave Downers Grove, IL 60515

Estimated Value: $1,102,000 - $1,328,000

4 Beds
4 Baths
3,000 Sq Ft
$404/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $700,000 $233 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,987/month

23 Days on Market

Highlights

  • Above Ground Pool
  • Landscaped Professionally
  • Deck
  • Pierce Downer Elementary School Rated A-
  • Mature Trees
  • Recreation Room

About This Home

As of August 2020

Lovely sought after Pierce Downer. You will love the block and walk to train & town location. Inviting covered front porch. Open, light and bright floor plan. 1st floor has a great flex room; living room or office with fireplace. Soaring ceiling in family room with dramatic stone fireplace open to kitchen. Entertaining kitchen with white custom cabinets, stainless steel appliances, granite counters, and island. Large eat in area and also separate dining room. Generous master suite with lovely bath and walk in closet. All other bedrooms are good size with lots of windows. Fabulous 300' deep lot with mature trees. Screened porch and oversized trex deck. An above ground pool was removed so ready for another one to be put in if you want one. Large mudroom and 2nd floor laundry. Owner has painted trim white and refinished hardwood floors. Large basement, partially finished. This home really checks all the boxes. Pierce Downer, Herrick, and Downers North. Easy access to highways. Walk to downtown Downers, restaurants, library, Tivoli theatre, shopping. Awesome home.

Last Agent to Sell the Property

Patti Michels

Compass License #475141453 Listed on: 05/23/2020

Compass

Co-Listed By

Chase Michels

Compass License #475154454

Last Buyer's Agent

Joanne Sebby

john greene, Realtor License #471007856

john greene, Realtor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,659

Year Built

  • 2002

Lot Details

  • East or West Exposure
  • Landscaped Professionally
  • Mature Trees

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Shake Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Mud Room
  • Breakfast Room
  • Recreation Room
  • Screened Porch
  • Wood Flooring
  • Storm Screens

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,659

Year Built

2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: Commuter Train
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 2nd Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 10
  • Living Room: Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X10, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: Breakfast Room, Enclosed Porch, Mud Room, Recreation Room
  • Master Bedroom: Dimensions: 19X18, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 16X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Mud, Dimensions: 14X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Enclosed Porch, Dimensions: 14X11, On Level: Main Level, Flooring: Other
  • Bedroom 3: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Recreation Rm, Dimensions: 19X15, On Level: Basement
  • Bedroom 4: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 3000
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X15, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Shakes, Concrete
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch, Porch Screened, Pool Above Ground, Storms/Screens
  • Exposure: W (West)
  • Acreage: 0.41

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 2916

Schools

  • School District: 99
  • 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
  • Lot Description: Landscaped Professionally, Mature Trees
  • Parcel Identification Number: 0907107017

Tax Info

  • Taxes: 12515.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2020
Closed on
Aug 24, 2020
Sold by
Tracy John H and Tracy Devynn J
Bought by
Hanes Jeffrey and Hanes Bethany
Seller's Agent
Patti Michels
Compass
Buyer's Agent
Joanne Sebby
john greene, Realtor
List Price
$739,000
Sold Price
$700,000
Premium/Discount to List
-$39,000
-5.28%
Current Estimated Value
$1,213,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,179
Avg. Annual Appreciation
11.36%
Original Mortgage
$500,000
Outstanding Balance
$442,708
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$770,471

Purchase Details

Listed on
Feb 15, 2018
Closed on
May 11, 2018
Sold by
Gallagher Timothy and Gallagher Judith
Bought by
Tracy John H and Tracy Devynn J
Seller's Agent
Patty Wardlow
@properties Christie's International Real Estate
Buyer's Agent
Brent Jensen
Coldwell Banker Realty
List Price
$729,999
Sold Price
$675,000
Premium/Discount to List
-$54,999
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$607,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2001
Sold by
Stancliff Charles D and Stancliff Julie
Bought by
Gallagher Timothy and Gallagher Judith

Purchase Details

Closed on
Jun 20, 1997
Sold by
Veselik Randall J and Veselik Jennifer L
Bought by
Stancliff Charles D and Stancliff Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
8%
Mortgage Type
VA
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
Hanes Jeffrey $700,000 Chicago Title
Tracy John H -- Attorney
Gallagher Timothy -- Mid America Title Company
Stancliff Charles D $175,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanes Jeffrey $500,000
Previous Owner Tracy John H $607,500
Previous Owner Stancliff Charles D $178,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2020 08/26/20 Sold $700,000 -1.4% $233 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $710,000 -3.9% $237 / Sq Ft
05/23/2020 05/23/20 For Sale $739,000 +9.5% $246 / Sq Ft
05/14/2018 05/14/18 Sold $675,000 -4.5% $225 / Sq Ft View Prior Sale
04/14/2018 04/14/18 Pending -- -- --
03/27/2018 03/27/18 Price Changed $707,000 -1.8% $236 / Sq Ft
03/02/2018 03/02/18 Price Changed $719,999 -1.4% $240 / Sq Ft
02/15/2018 02/15/18 For Sale $729,999 -- $243 / 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 $18,659 $333,911 $90,614 $243,297
2023 $17,771 $306,960 $83,300 $223,660
2022 $13,949 $243,010 $78,880 $164,130
2021 $13,058 $240,240 $77,980 $162,260
2020 $12,821 $235,490 $76,440 $159,050
2019 $12,422 $225,950 $73,340 $152,610
2018 $12,516 $224,980 $72,920 $152,060
2017 $14,029 $249,510 $70,170 $179,340
2016 $13,767 $238,130 $66,970 $171,160
2015 $13,637 $224,040 $63,010 $161,030
2014 $13,296 $212,260 $55,690 $156,570
2013 $13,027 $211,270 $55,430 $155,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10723769

Midwest Real Estate Data (MRED)

APN: 09-07-107-017