NOT LISTED FOR SALE

4N358 7th Ave Addison, IL 60101

Estimated Value: $536,000 - $589,000

4 Beds
3 Baths
3,183 Sq Ft
$178/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $339,000 $107 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,853/month

165 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attached Garage
  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Soaking Tub

About This Home

As of October 2019

Enjoy this spacious open layout complete with hardwood floors and new carpet throughout. Kitchen includes all new stainless steel appliances and a large eat-in area, great for entertaining. You'll appreciate this beautifully maintained 4 bedroom, 2.5 bath home, situated on a huge, professionally landscaped yard. Family room is accompanied with a stunning floor to ceiling fireplace, flanked with large single hung windows, letting in tons of natural light. Complete with ample storage space and a second floor laundry room, you will not want to miss out on this home! No water bill or village taxes!

Last Agent to Sell the Property

Timothy Mazur

Millennial Realty Group License #471020607 Listed on: 04/11/2019

Last Buyer's Agent

Mike Dybas

RE/MAX Suburban

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,201

Year Built | Renovated

  • 1985 | 2019

Lot Details

  • 0.34

Parking

  • Attached Garage
  • Parking Available
  • Driveway
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,201

Year Built | Renovated

1985 | 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Recent Rehab: Yes
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1985
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X23, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances, Water Softener Owned
  • Fireplace Details: Gas Logs
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X11, On Level: 2nd Level, Flooring: Wood Laminate
  • Dining Room: Dimensions: 11X13, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X18, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X17, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X17, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 3183
  • Family Room: Dimensions: 16X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.3488

Garage/Parking

  • Number of Cars: 9
  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 7
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 3183

Schools

  • School District: 88
  • Elementary School: Wesley Elementary School
  • Middle School: Indian Trail Junior High School
  • High School: Addison Trail High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 100X120
  • Parcel Identification Number: 0320303024

Tax Info

  • Taxes: 8977.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Oct 26, 2019
Sold by
Schmidt Ann M and Gerald M Schmidt And Ann M Sch
Bought by
Welch Ray and Welch Heather
Seller's Agent
Timothy Mazur
Millennial Realty Group
Buyer's Agent
Mike Dybas
RE/MAX Suburban
List Price
$375,000
Sold Price
$339,000
Premium/Discount to List
-$36,000
-9.6%
Total Days on Market
165
Current Estimated Value
$565,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,820
Avg. Annual Appreciation
9.46%
Original Mortgage
$332,859
Outstanding Balance
$296,541
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$265,391

Purchase Details

Closed on
Oct 25, 2014
Sold by
Schmidt Ann M and Ann M Schmidt Trust
Bought by
Schmidt Gerald M and Revocab Ann

Purchase Details

Closed on
Jul 2, 2002
Sold by
Schmidt Gerald M and Schmidt Ann M
Bought by
Schmidt Gerald M and Gerald M Schmidt Trust

Purchase Details

Closed on
Mar 26, 2001
Sold by
Midwest Bank & Trust Company
Bought by
Schmidt Gerald M and Schmidt Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.13%
Source: Public Records

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Range of Values:

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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
Welch Ray $339,000 Security First Title Co
Schmidt Gerald M -- None Available
Schmidt Gerald M -- --
Schmidt Gerald M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Ray $56,000
Open Welch Ray $332,859
Previous Owner Schmidt Gerald M $130,000
Previous Owner Schmidt Gerald M $20,000
Previous Owner Schmidt Gerald M $175,000
Previous Owner Schmidt Gerald M $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $339,000 -3.1% $107 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
08/09/2019 08/09/19 Price Changed $349,900 -5.4% $110 / Sq Ft
06/11/2019 06/11/19 Price Changed $369,900 -1.4% $116 / Sq Ft
04/11/2019 04/11/19 For Sale $375,000 -- $118 / 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
2023 $10,201 $170,840 $62,030 $108,810
2022 $10,011 $166,650 $60,510 $106,140
2021 $9,567 $159,630 $57,960 $101,670
2020 $9,294 $152,900 $55,520 $97,380
2019 $9,003 $147,010 $53,380 $93,630
2018 $9,186 $144,130 $52,340 $91,790
2017 $8,977 $137,750 $50,020 $87,730
2016 $8,722 $127,180 $46,180 $81,000
2015 $8,523 $117,490 $42,660 $74,830
2014 $9,174 $119,270 $44,000 $75,270
2013 $9,011 $121,710 $44,900 $76,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10339988

Midwest Real Estate Data (MRED)

APN: 03-20-303-024