NOT LISTED FOR SALE

497 S Fairview Ave Elmhurst, IL 60126

Estimated Value: $1,418,000 - $1,852,000

4 Beds
4.5 Baths
4,500 Sq Ft
$357/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $1,455,000 $323 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,237/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Mud Room
  • Lincoln Elementary School Rated A
  • Corner Lot
  • Home Office

About This Home

As of July 2024

This fabulous 5 bedroom, 4 1/2 bathroom home was built in 2020 and is better than new! The location is ideal - directly across from the prairie path and just blocks from the brand-new, state-of-the-art Lincoln Elementary School and dining, shopping, and nightlife on Spring Road. Upon entry you will be immediately wowed by the elevated look of the home with 10 ft ceilings, beautiful natural wood-stained floors, fabulous plantation shutters, and high-end finishes. The entire main level flows beautifully and the open floor plan is sure to impress. Upstairs there are 4 large bedrooms and three bathrooms. The primary suite features gorgeous vaulted ceilings, an enormous walk-in closet, a spacious bathroom with two sinks, an oversized shower, and a soaking tub. A laundry room with a utility sink and plenty of storage is conveniently located just down the hall. The basement is perfect for hosting guests with its custom bar, bedroom, and full bathroom. The yard is fully fenced, nicely landscaped and includes a paver brick patio. It also features a rare heated 3-car garage (no tandem) with epoxy flooring and custom shelving. There is nothing to do but move in and enjoy!

Last Agent to Sell the Property

Kelly Stetler

Compass License #475188047 Listed on: 04/04/2024

Compass

Last Buyer's Agent

Kelly Stetler

Compass License #475188047 Listed on: 04/04/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,637

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 62x141x41x141
  • Fenced Yard
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Sink Near Laundry

Finished Basement

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

Schools

  • Lincoln Elementary School
  • Bryan Middle School
  • York Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Power Generator
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,637

Year Built

Built in 2020

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2020
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Second Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 4500
  • Other Equipment: Humidifier, CO Detectors, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Generator
  • Room Type: Office, Mud Room, Bedroom 5, Breakfast Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 1399000
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Stone,Fiber Cement

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: York Community High School
  • Middle/Junior School: Bryan Middle School
  • Middle/Junior School District: 205

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 62X141X41X141
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 18637.1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 24, 2024
Sold by
Ricardo And Mary Alvarez Revocable Trust and Alvarez Ricardo
Bought by
Tiffany M King Revocable Trust and King
Seller's Agent
Kelly Stetler
Compass
Buyer's Agent
Kelly Stetler
Compass
List Price
$1,399,000
Sold Price
$1,455,000
Premium/Discount to List
$56,000
4%
Views
93
Current Estimated Value
$1,604,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,445
Avg. Annual Appreciation
8.42%
Original Mortgage
$1,164,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2024
Sold by
Mennen Sarena and Mennen Matthew
Bought by
732 67Th Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,164,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 14, 2020
Sold by
Janowski Agnieszka
Bought by
Alvarez Richardo and Ricardo Alvarez And Mary Alvarez Rev Tr
Seller's Agent
Agnes Janowski
Leader Realty, Inc.
Buyer's Agent
Chris Demos
@properties Christie's International Real Estate
List Price
$1,198,000
Sold Price
$1,155,000
Premium/Discount to List
-$43,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$355,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2019
Closed on
Sep 27, 2019
Sold by
Johnston Paul A and Nancy E Johnston Living Trust
Bought by
Janowski Agnieszka
Seller's Agent
Mike Muisenga
Berkshire Hathaway HomeServices Prairie Path REALT
Buyer's Agent
Agnes Janowski
Leader Realty, Inc.
List Price
$375,000
Sold Price
$333,000
Premium/Discount to List
-$42,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
260.45%

Purchase Details

Closed on
Aug 10, 2015
Sold by
Johnston Nancy E
Bought by
Nancy E Johnston Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tiffany M King Revocable Trust $1,455,000 Chicago Title
732 67Th Place Llc -- Fidelity National Title
Alvarez Richardo $1,155,000 Stewart Title
Janowski Agnieszka $330,000 First American Title
Nancy E Johnston Living Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tiffany M King Revocable Trust $1,164,000
Previous Owner Alvarez Richardo $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $1,455,000 +4.0% $323 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $1,399,000 +21.1% $311 / Sq Ft
09/14/2020 09/14/20 Sold $1,155,000 -3.6% $257 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $1,198,000 +259.8% $266 / Sq Ft
09/27/2019 09/27/19 Sold $333,000 -4.6% --
08/04/2019 08/04/19 Pending -- -- --
07/23/2019 07/23/19 Price Changed $349,000 -3.0% --
06/21/2019 06/21/19 Price Changed $359,900 -2.7% --
05/29/2019 05/29/19 Price Changed $369,900 -1.4% --
03/29/2019 03/29/19 For Sale $375,000 -- --
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 $20,762 $352,504 $84,511 $267,993
2023 $19,304 $325,970 $78,150 $247,820
2022 $18,637 $313,350 $75,130 $238,220
2021 $18,183 $305,560 $73,260 $232,300
2020 $10,359 $71,650 $71,650 $0
2019 $7,903 $134,300 $68,120 $66,180
2018 $7,851 $132,730 $64,490 $68,240
2017 $2,228 $126,480 $61,450 $65,030
2016 $2,321 $119,150 $57,890 $61,260
2015 $2,475 $111,000 $53,930 $57,070
2014 $2,695 $122,990 $42,810 $80,180
2013 $2,627 $124,720 $43,410 $81,310
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12011261

Midwest Real Estate Data (MRED)

APN: 06-11-123-001