NOT LISTED FOR SALE

514 Mark Ln Downers Grove, IL 60516

Estimated Value: $613,000 - $756,000

5 Beds
3 Baths
2,802 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $423,500 $151 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,302/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Prairieview Elementary School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of June 2019

Need space? Make this your dream home. Fantastic & Well situated 5 bedroom, 3 bath, home on private dead end street, Very well maintained with 2 story foyer entry, Master Suite & bedroom on 1st floor, 3 bedrooms on 2nd floor, family room with fireplace, spacious kitchen with huge breakfast room, new hardwood floors, new carpet & new paint. Full unfinished basement, deck & fenced yard.

Last Agent to Sell the Property

Mike Berg

Berg Properties License #475114838 Listed on: 04/29/2019

Last Buyer's Agent

Laura Katsis

Charles Rutenberg Realty of IL License #475149672

Charles Rutenberg Realty of IL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,221

Year Built

  • 1971

Lot Details

  • Cul-De-Sac
  • Fenced Yard

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Fireplace With Gas Starter
  • Entrance Foyer
  • Bonus Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,221

Year Built

1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Cape Cod
  • Type Detached: 2 Stories
  • Estimated Year Built: 1971
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 15X15, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 15X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 25X15, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Bonus, Foyer
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Bonus, Dimensions: 24X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 17X7, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2802
  • Family Room: Dimensions: 27X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.2411

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 2802

Schools

  • School District: 99
  • Elementary School: Elizabeth Ide Elementary School
  • Middle School: Lakeview Junior High School
  • High School: South High School
  • Junior High Dist: 66

Lot Info

  • Lot Dimensions: 75X140
  • Lot Description: Cul-de-sac, Fenced Yard
  • Parcel Identification Number: 0932205005

Tax Info

  • Taxes: 7938.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jun 11, 2019
Sold by
Schulze Joanne M
Bought by
Barry Michael D and Barry Heather J
Seller's Agent
Mike Berg
Berg Properties
Buyer's Agent
Laura Katsis
Charles Rutenberg Realty of IL
List Price
$419,000
Sold Price
$423,500
Premium/Discount to List
$4,500
1.07%
Current Estimated Value
$666,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,041
Avg. Annual Appreciation
7.44%
Original Mortgage
$338,800
Outstanding Balance
$298,782
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$367,759

Purchase Details

Closed on
Feb 4, 2013
Sold by
Schulze Paul F
Bought by
Paul Schulze Tr

Purchase Details

Closed on
Mar 14, 1997
Sold by
Kaminski Edward M and Kaminski Mary F
Bought by
Schulze Paul F and Schulze Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.93%
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
Barry Michael D $423,500 First American Title
Paul Schulze Tr -- --
Schulze Paul F $264,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry Michael D $338,800
Previous Owner Schulze Paul F $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2019 06/17/19 Sold $423,500 +1.1% $151 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $419,000 -- $150 / 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 $9,221 $171,720 $55,293 $116,427
2023 $8,841 $157,860 $50,830 $107,030
2022 $8,933 $159,280 $51,280 $108,000
2021 $8,153 $157,470 $50,700 $106,770
2020 $8,012 $154,360 $49,700 $104,660
2019 $7,470 $148,110 $47,690 $100,420
2018 $7,973 $154,500 $47,440 $107,060
2017 $7,938 $148,670 $45,650 $103,020
2016 $7,546 $141,890 $43,570 $98,320
2015 $7,440 $133,490 $40,990 $92,500
2014 $7,357 $135,530 $39,850 $95,680
2013 $7,777 $134,890 $39,660 $95,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10360279

Midwest Real Estate Data (MRED)

APN: 09-32-205-005