NOT LISTED FOR SALE

507 S Yale Ave Villa Park, IL 60181

Estimated Value: $443,000 - $510,000

4 Beds
3 Baths
2,095 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $280,000 $134 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,175/month

21 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Breakfast Bar
  • Ardmore Elementary School Rated A-
  • Attached Garage
  • Patio

About This Home

As of September 2018

Amazing location and lot with great potential in this 4 bedroom split level with sub-basement! Freshly painted plus new carpet in living room, dining room, family room, hall, stairs and master bedroom. Large eat-in kitchen. Windows replaced within the past 2 years. New sump pump installed in Dec. 2017. GE 40 gallon water heater installed 2011. Roof tear off and new 1st layer roof, new soffits and gutters-all approximately 3 years ago. Master bedroom offers private 3/4 bath. 1st floor family room with access to patio and fenced rear yard. Partially finished sub basement. Half block to IL Prairie Path, plus easy access to shopping and expressways.

Last Agent to Sell the Property

Randy Stob

Randall K. Stob License #471004228 Listed on: 07/11/2018

Last Buyer's Agent

Tom Fosnot

J.W. Reedy Realty License #475137941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,371

Year Built

  • 1966

Lot Details

  • 0.36

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sub-Basement

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Primary Bathroom is a Full Bathroom
  • Patio
  • Fenced Yard

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,371

Year Built

1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1966
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Sump Pump
  • Basement: Partial
  • Basement: Partially Finished, Sub-Basement
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X09, On Level: Basement, Flooring: Other, Windows: All
  • Dining Room: Dimensions: 13X08, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 17X11, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Master Bedroom: Dimensions: 15X13, On Level: 3rd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Other, Dimensions: 18X17, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 11X10, On Level: 3rd Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 14X11, On Level: 3rd Level, Flooring: Hardwood, Windows: All
  • Bedroom 4: Dimensions: 15X11, On Level: 3rd Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 2095
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 25X13, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.3646

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 45

Lot Info

  • Lot Dimensions: 85 X 187
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0609407012

Tax Info

  • Taxes: 8949.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Sep 4, 2018
Sold by
Gerhard Earl R and Gerhard Family Trust
Bought by
Schwartz Lauren A
Seller's Agent
Randy Stob
Randall K. Stob
Buyer's Agent
Tom Fosnot
J.W. Reedy Realty
List Price
$317,900
Sold Price
$280,000
Premium/Discount to List
-$37,900
-11.92%
Current Estimated Value
$473,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,181
Avg. Annual Appreciation
7.61%
Original Mortgage
$266,000
Outstanding Balance
$231,989
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$241,192

Purchase Details

Closed on
Feb 22, 2008
Sold by
Gerhard Earl R and Gerhard Arlyne
Bought by
Gerhard Earl R and Gerhard Arlyne L
Source: Public Records

Range of Values:

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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
Schwartz Lauren A $280,000 Attorneys Title Guaranty Fun
Gerhard Earl R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Lauren A $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2018 09/04/18 Sold $280,000 -6.6% $134 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/17/2018 07/17/18 Price Changed $299,900 -5.7% $143 / Sq Ft
07/11/2018 07/11/18 For Sale $317,900 -- $152 / 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
2024 $8,371 $118,749 $50,815 $67,934
2023 $7,972 $109,810 $46,990 $62,820
2022 $7,740 $105,550 $45,170 $60,380
2021 $7,426 $102,930 $44,050 $58,880
2020 $7,249 $100,670 $43,080 $57,590
2019 $6,768 $95,710 $40,960 $54,750
2018 $9,180 $125,290 $38,770 $86,520
2017 $8,949 $119,390 $36,940 $82,450
2016 $8,683 $112,470 $34,800 $77,670
2015 $8,543 $104,780 $32,420 $72,360
2014 $7,534 $94,030 $37,570 $56,460
2013 $7,186 $95,360 $38,100 $57,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10014499

Midwest Real Estate Data (MRED)

APN: 06-09-407-012