NOT LISTED FOR SALE

500 S Berkley Ave Elmhurst, IL 60126

Estimated Value: $1,420,000 - $1,785,000

0.22 Acre
$7,533,400 Price per Acre
9,583 Sq Ft Lot

Last Sold August 21, 2019

Last sale price $350,000

Est. 374% increase in value since last sale

Current estimated payment $11,837/month

133 Days on Market

Highlights

  • Property is near a bus stop
  • Lincoln Elementary School Rated A
  • Senior Tax Exemptions

About This Lot

As of August 2019

An excellent place to build your dream home. A great south Elmhurst location overlooking the Prairie Path. Lots of new construction in the million dollar range in the neighborhood. Near the Spring Road business district, and award winning Lincoln Elementary School. This is an estate sale. There currently is a home on the lot, and the home is being sold in as is condition. Value is in the land only.

Last Agent to Sell the Property

Charles Castelo

Coldwell Banker Realty License #475121742 Listed on: 03/11/2019

Coldwell Banker Realty

Last Buyer's Agent

Patricia DiCianni

DiCianni Realty Inc License #471000042

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,404

Year Built

  • 2020

Lot Details

Location

  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$30,404

Year Built

2020

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.22
  • Frontage Access: City Street
  • Front Footage: 60

Schools

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

Lot Info

  • Lot Dimensions: 60 X 141 X 81 X 140
  • Estimated Land Sq Ft: 9940
  • Parcel Identification Number: 0611123009

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 2057.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Aug 9, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Johnson Sarah Ripmaster
Seller's Agent
Charles Castelo
Coldwell Banker Realty
Buyer's Agent
Patricia DiCianni
DiCianni Realty Inc
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%
Total Days on Market
133
Current Estimated Value
$1,657,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,307,348
Avg. Annual Appreciation
30.87%

Purchase Details

Closed on
Oct 26, 2015
Sold by
Plestys Irene A
Bought by
Chicago Title Land Trust Company and Trust #8002369646
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
Johnson Sarah Ripmaster $350,000 Chicago Title Land Trust Co
Chicago Title Land Trust Company -- Attorney
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Sarah R $13,148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Sold $350,000 -1.4% --
07/22/2019 07/22/19 Pending -- -- --
07/22/2019 07/22/19 Price Changed $355,000 -2.7% --
06/15/2019 06/15/19 Price Changed $365,000 -2.7% --
04/29/2019 04/29/19 Price Changed $375,000 -5.1% --
04/15/2019 04/15/19 Price Changed $395,000 -1.2% --
03/29/2019 03/29/19 Price Changed $399,900 -5.9% --
03/11/2019 03/11/19 For Sale $425,000 -- --
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
2023 $30,404 $508,820 $107,340 $401,480
2022 $29,295 $489,120 $103,180 $385,940
2021 $28,586 $476,950 $100,610 $376,340
2020 $9,719 $98,410 $98,410 $0
2019 $2,046 $126,990 $93,570 $33,420
2018 $2,057 $122,980 $88,580 $34,400
2017 $2,116 $117,190 $84,410 $32,780
2016 $2,205 $110,400 $79,520 $30,880
2015 $2,350 $102,850 $74,080 $28,770
2014 $2,559 $90,720 $58,790 $31,930
2013 $2,495 $92,000 $59,620 $32,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10304929

Midwest Real Estate Data (MRED)

APN: 06-11-123-009