NOT LISTED FOR SALE

5132 Grand Ave Downers Grove, IL 60515

Estimated Value: $515,000 - $1,024,000

4 Beds
2.5 Baths
2,600 Sq Ft
$318/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $725,000 $279 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,441/month

3 Days on Market

Highlights

  • Heated Floors
  • 5-minute walk to Downers Grove Fairview Avenue Station
  • Landscaped Professionally
  • Whittier Elementary School Rated A-
  • Colonial Architecture
  • Community Lake

About This Home

As of July 2021

This dreamy expanded Dutch Colonial sits on a prime lot, in a prime location in walk-to-town Downers Grove. Old and charming...but totally updated with all of today's preferred finishes. The rooms are all light and bright and open to each other. Gleaming hardwood floors throughout as well as pure white millwork make this home shine! Imagine entertaining or just sitting with morning coffee on the multi-level decks in back overlooking the lush and gorgeous yard and gardens...there is even a rain garden along the back fence. Gourmet kitchen boasts white Brakur cabinetry with tons of custom storage, is open to breakfast and family room and has a long breakfast bar. The master suite is a tree-top paradise. Master sitting room has views through the beautiful arched window. Master bath has a beautiful and roomy marble walk-in shower, private WC, heated floors, double vanity...and custom organizers in the walk-in closet. Upper level bedrooms all nice sized and with beautiful views. The list of updates is extensive and available under Additional Information. There are two finished rooms in the basement, and a large unfinished area that has recently been waterproofed. Walk to vibrant downtown Downers Grove and Metra. Whittier Elementary School is at the end of the block...no street to cross! A beautiful home!

Last Agent to Sell the Property

Margy Sigerich

Coldwell Banker Realty License #475132839 Listed on: 05/20/2021

Coldwell Banker Realty

Last Buyer's Agent

Keith Schumann

@properties Christie's International Real Estate License #475158110

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,067

Year Built

  • Built in 1932 | Remodeled in 2009

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 66 x 298
  • Landscaped Professionally
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Steel Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Game Room

Kitchen

  • Built-In Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near a park

Schools

  • Whittier Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,067

Year Built

Built in 1932 | Remodeled in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1932
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2009

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 567
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Heated Floors, Walk-In Closet(s)
  • LivingArea: 2600
  • Other Equipment: Sump Pump
  • Room Type: Breakfast Room, Office, Game Room
  • Estimated Total Finished Sq Ft: 3167
  • Assessed Sq Ft: 2392
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2600
  • Basement Sq Ft: 1267
  • Fireplace Location: Living Room
  • Total Sq Ft: 3867
  • Unfinished Basement Sq Ft: 700
  • Upper Level Sq Ft: 1300
  • Main Level Sq Ft: 1300
  • Door Features: French Doors,Pocket Door(s),6 Panel Door(s)
  • Window Features: Blinds

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • List Price: 700000
  • Lot Features: Landscaped, Wooded
  • Waterfront: No
  • Exterior Building Type: Steel Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Whittier Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 66 X 298
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 10066.86
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 9, 2021
Sold by
Crossan Florence M and Crossan Florence M
Bought by
Racine Benjamin Kenneth and Racine Katherine Frances
Seller's Agent
Margy Sigerich
Coldwell Banker Realty
Buyer's Agent
Keith Schumann
@properties Christie's International Real Estate
Sold Price
$725,000
Current Estimated Value
$825,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,533
Avg. Annual Appreciation
3.07%
Original Mortgage
$425,000
Outstanding Balance
$385,622
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$439,911

Purchase Details

Closed on
Apr 1, 2006
Sold by
Crossan John D and Crossan Florence M
Bought by
Declaration Crossan Florence M and Declaration Florence M Crossan
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
Racine Benjamin Kenneth $725,000 Attorney
Declaration Crossan Florence M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Racine Benjamin Kenneth $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $725,000 +3.6% $279 / Sq Ft
05/24/2021 05/24/21 For Sale -- -- --
05/23/2021 05/23/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $700,000 -- $269 / 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 $12,929 $233,833 $99,675 $134,158
2023 $12,302 $214,960 $91,630 $123,330
2022 $11,626 $203,540 $86,760 $116,780
2021 $10,604 $201,220 $85,770 $115,450
2020 $10,404 $197,230 $84,070 $113,160
2019 $10,067 $189,250 $80,670 $108,580
2018 $10,500 $194,720 $80,220 $114,500
2017 $10,161 $187,370 $77,190 $110,180
2016 $9,953 $178,820 $73,670 $105,150
2015 $9,834 $168,240 $69,310 $98,930
2014 $9,303 $150,320 $61,260 $89,060
2013 $7,836 $149,610 $60,970 $88,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11094229

Midwest Real Estate Data (MRED)

APN: 09-08-410-014