Seller's Agent in 2023
John Reedy, JR
J.W. Reedy Realty
(630) 849-6495
10 in this area
49 Total Sales
501 S Cornell Ave Villa Park, IL 60181
Estimated Value: $346,000 - $381,140
3
Beds
1
Bath
1,640
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Finished Attic
- 2 Car Detached Garage
- Ardmore Elementary School Rated A-
- Heated Sun or Florida Room
- Laundry Room
About This Home
As of June 2023**Multiple offers received, highest and best due by Monday at 5pm** Excellent home in an excellent location! 501 S Cornell features hardwood oak floors throughout, an updated kitchen with granite countertops and tile back splash, front and back enclosed porches with ample light, two large first floor bedrooms with an office or third bedroom in the finished attic. This home is on a deep, 187 foot lot and offers a two-car garage and a full basement. Come and see this unique version of the classic Chicago Bungalow on a tree lined block close to shops and the freshly remodeled Villa Park public library. Villa Park is great for commuters traveling anywhere in Chicagoland, quick access to highways travelling N, S, E, and W via I88, I294, I290, and I355. Metra service to the loop via the UP West line at the Villa Park station just down Ardmore Avenue!
Last Agent to Sell the Property
J.W. Reedy Realty License #475170227 Listed on: 04/07/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,307
Year Built
- Built in 1924
Lot Details
- Lot Dimensions are 50 x 187
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Driveway
- Parking Space is Owned
Home Design
- Bungalow
- Asphalt Roof
- Stucco
Interior Spaces
- 1,640 Sq Ft Home
- 1.5-Story Property
- Blinds
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Heated Sun or Florida Room
- Wood Flooring
- Finished Attic
Kitchen
- Built-In Oven
- Electric Cooktop
- Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Sump Pump
Schools
- Ardmore Elementary School
- Jackson Middle School
- Willowbrook High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
- Gas Water Heater
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2023
Closed on
Jun 22, 2023
Sold by
Smejkal Betsy
Bought by
Veurink Jonathan D
Seller's Agent
John Reedy, JR
J.W. Reedy Realty
Buyer's Agent
David Stob
RE/MAX Enterprises
List Price
$269,900
Sold Price
$290,000
Premium/Discount to List
$20,100
7.45%
Views
230
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,035
Avg. Annual Appreciation
8.98%
Original Mortgage
$261,000
Outstanding Balance
$255,767
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$94,929
Purchase Details
Closed on
Jan 13, 2014
Sold by
Coombs Patricia and Estates Of Jeffrey A Coombs
Bought by
Smejkal Betsy
Purchase Details
Closed on
Mar 30, 1994
Sold by
Villano John L and Villano Kathleen B
Bought by
Coombs Jeffery A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.17%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Veurink Jonathan D | $290,000 | First American Title | |
| Smejkal Betsy | -- | None Available | |
| Coombs Jeffery A | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Veurink Jonathan D | $261,000 | |
| Previous Owner | Smejkal Betsy | $230,920 | |
| Previous Owner | Coombs Jeffrey A | $230,920 | |
| Previous Owner | Coombs Jeffrey A | $70,000 | |
| Previous Owner | Coombs Jeffrey A | $60,000 | |
| Previous Owner | Coombs Jeffrey A | $35,000 | |
| Previous Owner | Coombs Jeffery A | $117,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2023 06/23/23 | Sold | $290,000 | +7.4% | $177 / Sq Ft |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- |
| 04/07/2023 04/07/23 | For Sale | $269,900 | -- | $165 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,097 | $101,901 | $32,572 | $69,329 |
| 2023 | $6,752 | $94,230 | $30,120 | $64,110 |
| 2022 | $6,576 | $90,580 | $28,950 | $61,630 |
| 2021 | $6,307 | $88,330 | $28,230 | $60,100 |
| 2020 | $6,156 | $86,390 | $27,610 | $58,780 |
| 2019 | $5,743 | $82,130 | $26,250 | $55,880 |
| 2018 | $5,701 | $76,980 | $24,600 | $52,380 |
| 2017 | $5,561 | $73,350 | $23,440 | $49,910 |
| 2016 | $5,399 | $69,100 | $22,080 | $47,020 |
| 2015 | $5,317 | $64,370 | $20,570 | $43,800 |
| 2014 | $5,392 | $65,420 | $32,850 | $32,570 |
| 2013 | $5,140 | $66,340 | $33,310 | $33,030 |
Source: Public Records
Agents Affiliated with this Home
-
John Reedy, JR
-
David Stob
Buyer's Agent in 2023
David Stob
RE/MAX
(630) 337-1198
6 in this area
86 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11754194
APN: 06-10-301-014
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