NOT LISTED FOR SALE

501 Malden Ave La Grange Park, IL 60526

Estimated Value: $890,000 - $1,020,000

4 Beds
3 Baths
2,548 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 14, 2012

Last sale price $487,000 $191 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,611/month

10 Days on Market

Highlights

  • Corner Lot
  • Formal Dining Room
  • Central Air
  • Ogden Ave Elementary School Rated A

About This Home

As of May 2012

Charming warm & cozy brick 4br 2.1 bath hm in Harding Woods. Joern built with lg rms, blt-in bkcases/shelving, Den & breakfast rm on 1st flr. Office adjacent to mstr br. Built-in cabinets & drawers in upper hall & bthrms. Rec rm w/ nu ceiling/can lites & carpet to be installed. Fall 2011 drain tile installed to prevent seepage, newer storms/screens, paver brk patio & sidewalk. Possible potential for 3 flr expansion.

Last Agent to Sell the Property

Marlene Chaney

Charles Rutenberg Realty of IL Listed on: 03/10/2012

Last Buyer's Agent

Theresa Olson

Compass License #475145362

Compass

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $17,424

Year Built

  • 1938

Lot Details

  • Corner Lot

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Schools

  • Ogden Ave Elementary School
  • Lyons Twp High School

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$17,424

Year Built

1938

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 11
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplaces: 2
  • Basement: Full
  • Basement: Partially Finished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 24X18
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 0X0
  • Second Bedroom Flooring: Parquet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 0X0
  • Third Bedroom Flooring: Parquet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 0X0
  • Fourth Bedroom Flooring: Parquet
  • Living Room Level: Main Level
  • Living Room Size: 21X14
  • Living Room Flooring: Parquet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 14X12
  • Dining Room Flooring: Parquet
  • Kitchen Type: Galley, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 13X10
  • Kitchen Flooring: Vinyl

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)
  • Driveway: Asphalt

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air, 2+ Sep Heating Systems

Condo/Co-op/Association

  • Fee Frequency: Not Applicable

Schools

  • Elementary School: Ogden Ave Elementary School
  • High School: Lyons Twp High School
  • Junior High Dist: 102
  • Junior High: Park Junior High School

Lot Info

  • Lot Dimensions: 132.86 X 50
  • Lot Description: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2012
Closed on
May 8, 2012
Sold by
Chicago Title Land Trust Company
Bought by
Olson Timothy and Mckee Kristen
Seller's Agent
Marlene Chaney
Charles Rutenberg Realty of IL
Buyer's Agent
Theresa Olson
Compass
List Price
$525,000
Sold Price
$487,000
Premium/Discount to List
-$38,000
-7.24%
Current Estimated Value
$946,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,962
Avg. Annual Appreciation
4.95%
Original Mortgage
$48,600
Interest Rate
3.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 13, 2003
Sold by
Eggert Timothy R and Eggert Christine A
Bought by
First National Bank Of La Grange and Trust #4283
Source: Public Records

Range of Values:

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Average Value
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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
Olson Timothy $487,000 Chicago Title Land Trust Co
First National Bank Of La Grange -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Timothy $365,000
Closed Olson Timothy $115,000
Closed Olson Timothy $399,500
Closed Olson Timothy $407,000
Closed Olson Timothy $48,600
Closed Olson Timothy $389,600
Previous Owner Chicago Title Land Trust Company $139,007
Previous Owner First National Bank Of Lagrange $163,000
Previous Owner Eggert Timothy R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2012 05/14/12 Sold $487,000 -7.2% $191 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $525,000 -- $206 / Sq Ft
03/10/2012 03/10/12 Pending -- -- --
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 $17,424 $65,484 $6,650 $58,834
2023 $15,675 $71,541 $6,650 $64,891
2022 $15,675 $54,938 $5,819 $49,119
2021 $15,093 $54,937 $5,818 $49,119
2020 $14,804 $54,937 $5,818 $49,119
2019 $11,677 $44,432 $5,320 $39,112
2018 $11,478 $44,432 $5,320 $39,112
2017 $12,235 $48,254 $5,320 $42,934
2016 $10,818 $38,302 $4,821 $33,481
2015 $11,291 $44,190 $4,821 $39,369
2014 $11,132 $44,190 $4,821 $39,369
2013 $9,757 $37,283 $4,821 $32,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08015175

Midwest Real Estate Data (MRED)

APN: 15-32-405-010-0000