NOT LISTED FOR SALE

514 Sherman St Downers Grove, IL 60515

Estimated Value: $1,141,000 - $1,363,047

2 Beds
1 Bath
960 Sq Ft
$1,335/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $217,500 $227 Per Sq Ft

Est. 489% increase in value since last sale

Current estimated payment $8,382/month

4 Days on Market

Highlights

  • Corner Lot
  • Home Office
  • Breakfast Bar
  • Lester Elementary School Rated A-
  • Detached Garage
  • 4-minute walk to Sterling Park

About This Home

As of March 2016

70 x 174 Large corner lot! Build your dream home! Value in Land. Downers Grove North HS. Home on property sold AS IS. Feel free to walk the lot. Lots of new construction in the neighborhood. Downers Grove has top notch schools, a vibrant downtown with commuter train and easy access to expressways.

Last Agent to Sell the Property

Jeannie LaPlaca

Berkshire Hathaway HomeServices Chicago License #471000741 Listed on: 01/12/2016

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Edward Hall

Baird & Warner License #471008452

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,371

Year Built

  • 1924

Lot Details

  • Corner Lot

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Frame Construction

Interior Spaces

  • Home Office
  • Breakfast Bar

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,371

Year Built

1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1924
  • Tax Exemptions: Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X11, On Level: Main Level, Flooring: Carpet
  • Basement: Full
  • Basement: Cellar
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X12, On Level: Main Level
  • Kitchen Type: Dimensions: 15X10, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 11X9, On Level: Main Level
  • Additional Room 1 Name: Office, Dimensions: 14X7, On Level: Main Level
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level
  • Estimated Sq Ft: 960
  • Dining Room Type: Combined w/ FamRm

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame
  • Acreage: 0.26

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 99
  • Elementary School: LESTER ELEMENTARY SCHOOL
  • Middle School: HERRICK MIDDLE SCHOOL
  • High School: NORTH HIGH SCHOOL
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 70X174
  • Lot Description: Corner
  • Parcel Identification Number: 0905416014

Tax Info

  • Taxes: 1813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Watrob Daniel J and Watrob Emilie M
Bought by
Watrob Family Trust and Watrob
Current Estimated Value
$1,281,512

Purchase Details

Closed on
Oct 11, 2017
Sold by
Donovan Thomas Homes Llc
Bought by
Watrob Daniel J and Watrob Emilie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,400
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2016
Closed on
Mar 18, 2016
Sold by
Digiacomo Merry S and Merry S Digiacomo Trust #73113
Bought by
Donovan Thomas Homes Llc
Seller's Agent
Jeannie LaPlaca
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Edward Hall
Baird & Warner
List Price
$229,000
Sold Price
$217,500
Premium/Discount to List
-$11,500
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.99%
Original Mortgage
$528,830
Interest Rate
3.65%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 31, 2013
Sold by
Digiacomo Merry S and Mildred N Engel Living Trust
Bought by
Merry S Digiacomo Trust No 73113
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Watrob Family Trust -- None Listed On Document
Watrob Daniel J $768,000 Chicago Title Insurance Comp
Donovan Thomas Homes Llc $217,500 Old Republic Title
Merry S Digiacomo Trust No 73113 -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watrob Daniel J $614,400
Previous Owner Donovan Thomas Homes Llc $528,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2016 03/28/16 Sold $217,500 -5.0% $227 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $229,000 -- $239 / 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 $19,371 $346,345 $92,496 $253,849
2023 $18,451 $318,390 $85,030 $233,360
2022 $17,282 $301,480 $80,520 $220,960
2021 $16,180 $298,050 $79,600 $218,450
2020 $15,887 $292,140 $78,020 $214,120
2019 $15,396 $280,310 $74,860 $205,450
2018 $14,783 $264,650 $74,400 $190,250
2017 $13,588 $163,120 $71,630 $91,490
2016 $5,308 $89,510 $68,440 $21,070
2015 $5,992 $101,800 $64,330 $37,470
2014 $5,494 $91,230 $56,860 $34,370
2013 $1,813 $90,800 $56,590 $34,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09114812

Midwest Real Estate Data (MRED)

APN: 09-05-416-014