Seller's Agent in 2020
Nicole Heavrin
@ Properties
(312) 301-9172
15 Total Sales
5040 Fair Elms Ave Western Springs, IL 60558
Forest Hills NeighborhoodEstimated Value: $1,685,000 - $1,939,000
5
Beds
6
Baths
6,000
Sq Ft
$295/Sq Ft
Est. Value
Highlights
- Deck
- Recreation Room
- Wood Flooring
- Forest Hills Elementary School Rated A
- Traditional Architecture
- 2-minute walk to Forest Hill Park
About This Home
As of July 2020Unmatched quality from top to bottom - sophisticated and timeless! Situated on a large 85x150 lot with approx. 6,000 sq ft of living space on 4 finished levels, this elegant home features 5 bedrooms and 5.1 bathrooms. The spacious and open floor plan features gorgeous Hand Scraped Hickory hardwood floors, over-sized crown molding and custom millwork throughout. A stately 1st floor office, beautifully custom-designed kitchen open to the Family Room, stunning Master with fireplace, 3rd floor suite perfect for overnight guests or in-law arrangement, and spectacular walkout lower level with a full bar, wine cellar (stores up to 800 bottles!), workout room, and full bath leaves nothing to be desired. Innovative indoor/outdoor AV system and roof-mounted Solar Panel System. Professionally landscaped lush perennial gardens. Close to town, train and local shopping. Award-winning school district and conveniently located across from Forest Hills Elementary School. Perfect for the growing family who is looking for more space in a wonderful community!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475185346 Listed on: 04/10/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,229
Year Built
- 2003
Lot Details
- 6,098
Parking
- Attached Garage
- Garage ceiling height seven feet or more
- Garage Door Opener
- Side Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Wet Bar
- Built-In Features
- Fireplace With Gas Starter
- Recreation Room
- Utility Room with Study Area
- Home Gym
- Wood Flooring
Kitchen
- Breakfast Bar
- Butlers Pantry
- Double Oven
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- In-Law or Guest Suite
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Exterior Basement Entry
- Finished Basement Bathroom
Eco-Friendly Details
- Solar Heating System
Outdoor Features
- Deck
- Patio
- Outdoor Grill
- Porch
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Heating System Uses Gas
- Community Well
- Water Softener
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2020
Closed on
Jul 8, 2020
Sold by
Gibbons Michael P and Gibbons Erin O
Bought by
Bohl David Adam and Bohl Kristy Ann
Seller's Agent
Nicole Heavrin
@properties Christie's International Real Estate
Buyer's Agent
Liz Kmet
RE/MAX Market
List Price
$1,369,000
Sold Price
$1,225,000
Premium/Discount to List
-$144,000
-10.52%
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
$544,308
Avg. Annual Appreciation
7.96%
Original Mortgage
$1,102,377
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 14, 2003
Sold by
5040 Fair Elms Llc
Bought by
Gibbons Michael P and Gibbons Erin O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
4.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 27, 2002
Sold by
Stind Phyllis O
Bought by
5040 Fair Elms Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.75%
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 |
|---|---|---|---|
| Bohl David Adam | $1,225,000 | Attorneys Ttl Guaranty Fund | |
| Gibbons Michael P | $1,289,000 | -- | |
| 5040 Fair Elms Llc | $337,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bohl David Adam | $1,102,377 | |
| Previous Owner | Gibbons Michael P | $890,000 | |
| Previous Owner | Gibbons Michael P | $375,000 | |
| Previous Owner | Gibbons Michael P | $820,000 | |
| Previous Owner | 5040 Fair Elms Llc | $1,900,000 | |
| Previous Owner | 5040 Fair Elms Llc | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2020 07/24/20 | Sold | $1,225,000 | -10.5% | $204 / Sq Ft |
| 06/12/2020 06/12/20 | Pending | -- | -- | -- |
| 04/10/2020 04/10/20 | For Sale | $1,369,000 | -- | $228 / 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 | $30,229 | $136,000 | $11,450 | $124,550 |
| 2023 | $31,355 | $136,000 | $11,450 | $124,550 |
| 2022 | $31,355 | $122,793 | $9,860 | $112,933 |
| 2021 | $29,397 | $122,791 | $9,859 | $112,932 |
| 2020 | $28,009 | $122,791 | $9,859 | $112,932 |
| 2019 | $25,151 | $112,609 | $8,905 | $103,704 |
| 2018 | $24,531 | $112,609 | $8,905 | $103,704 |
| 2017 | $23,812 | $112,609 | $8,905 | $103,704 |
| 2016 | $21,408 | $89,396 | $7,633 | $81,763 |
| 2015 | $21,040 | $89,396 | $7,633 | $81,763 |
| 2014 | $20,721 | $89,396 | $7,633 | $81,763 |
| 2013 | $16,453 | $71,756 | $7,633 | $64,123 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Liz Kmet
RE/MAX
(708) 431-0300
41 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10623754
APN: 18-07-218-049-0000
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