NOT LISTED FOR SALE

4947 Cornell Ave Downers Grove, IL 60515

Estimated Value: $579,000 - $1,400,000

3 Beds
2 Baths
-- Sq Ft
0.55 Acres

Last Sold February 07, 2014

Last sale price $197,900

Est. 445% increase in value since last sale

Current estimated payment $7,300/month

603 Days on Market

Highlights

  • Wooded Lot
  • Formal Dining Room
  • Central Air
  • Pierce Downer Elementary School Rated A-

About This Home

As of February 2014

Bank Owned Cape Cod with large room sizes on a huge in-town lot! Walk to train and downtown. Great home to live in, rent out or tear down and build your dream home.

Last Agent to Sell the Property

Ryan McNaughton

Mc Naughton Realty, Inc. License #471016921 Listed on: 05/06/2012

Last Buyer's Agent

Patrick Stanton

Patrick Commercial Real Estate License #471001417

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $18,928

Year Built

  • 1954

Lot Details

  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$18,928

Year Built

1954

Lot Details

0

Interior Features

  • Total # Of Rooms: 7
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Basement: Full
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 18X12
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 18X12
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 10X10
  • Third Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 20X12
  • Living Room Flooring: Carpet
  • Dining Room: Separate, Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 11X11
  • Dining Room Flooring: Carpet
  • Family Room Level: Lower
  • Family Room Size: 15X13
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 18X10
  • Kitchen Flooring: Vinyl

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 4
  • Parking: Off Street
  • Parking Type: Space/s

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air
  • Sewer: Sewer-Storm

Schools

  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 82X195
  • Lot Description: Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Briggs Monika H
Bought by
Briggs Monika H and Monika Briggs Trust
Current Estimated Value
$1,078,558

Purchase Details

Listed on
May 6, 2012
Closed on
Feb 3, 2014
Sold by
Sb Pad Holdings Iii Llc
Bought by
Briggs Robert S and Briggs Monika H
Seller's Agent
Ryan McNaughton
Mc Naughton Realty, Inc.
Buyer's Agent
Patrick Stanton
Patrick Commercial Real Estate
List Price
$290,000
Sold Price
$197,900
Premium/Discount to List
-$92,100
-31.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.61%
Original Mortgage
$158,320
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2012
Sold by
Bradford & Kent Properties Llc
Bought by
Sb Pad Holdings Iii Llc

Purchase Details

Closed on
Sep 21, 2003
Sold by
Ebben Steven F and Ebben Jacqueline R
Bought by
Bradford & Kent Properties Llc
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
Briggs Monika H -- None Listed On Document
Briggs Robert S -- None Listed On Document
Briggs Robert S -- Accommodation
Briggs Robert S $198,000 North American Title Co
Sb Pad Holdings Iii Llc -- Ctic
Bradford & Kent Properties Llc $275,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Briggs Robert S $158,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2014 02/07/14 Sold $197,900 -14.0% --
12/30/2013 12/30/13 Pending -- -- --
12/02/2013 12/02/13 Price Changed $229,999 -4.2% --
09/05/2013 09/05/13 Price Changed $239,999 -11.0% --
02/22/2013 02/22/13 Price Changed $269,700 +3.9% --
02/20/2013 02/20/13 Price Changed $259,700 -3.7% --
08/16/2012 08/16/12 Price Changed $269,700 -7.0% --
05/06/2012 05/06/12 For Sale $290,000 -- --
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 $18,928 $338,611 $100,611 $238,000
2023 $18,028 $311,280 $92,490 $218,790
2022 $16,995 $294,760 $87,580 $207,180
2021 $15,910 $291,400 $86,580 $204,820
2020 $15,622 $285,630 $84,870 $200,760
2019 $15,139 $274,060 $81,430 $192,630
2018 $14,786 $264,700 $81,060 $183,640
2017 $14,328 $254,710 $78,000 $176,710
2016 $14,061 $243,090 $74,440 $168,650
2015 $13,732 $189,000 $70,000 $119,000
2014 $4,871 $75,560 $61,870 $13,690
2013 $5,533 $87,190 $61,580 $25,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08060454

Midwest Real Estate Data (MRED)

APN: 09-07-107-023