NOT LISTED FOR SALE

515 W Memory Ln Addison, IL 60101

Estimated Value: $354,000 - $390,000

3 Beds
2 Baths
1,064 Sq Ft
$351/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $310,000 $291 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,520/month

39 Days on Market

Highlights

  • Detached Garage
  • Combination Dining and Living Room
  • Storm Doors

About This Home

As of December 2021

THIS IS IT- Close to schools, parks, shopping and more! This move-in-ready 3 bed, 2 bath split-level home has been freshly painted and features beautifully refinished hardwood floors throughout. The main level living boasts an open concept living room, dining room, and a beautiful kitchen with plenty of cabinet space, granite countertops, newer SS appliances PLUS a BONUS walk-in pantry with built-ins. Retreat to the LARGE lower level FLEX SPACE with all new wood laminate flooring plus a full bath and separate laundry room with tons of storage space. The backyard is fully fenced + an EXTRA LARGE 2.5 car garage! You HAVE to see this beautiful home! Updates include a new roof (2016) new HVAC(2016) HWH (2017) | Crawl space sealed (2015) | Driveway resealed (2021)

Last Agent to Sell the Property

Sylvana Menolascino

RE/MAX Enterprises License #475137109 Listed on: 09/25/2021

RE/MAX Enterprises

Co-Listed By

Angela Sarni

RE/MAX Enterprises License #475184681

Last Buyer's Agent

Gamaliel Marin

Smart Home Realty License #475169908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,366

Year Built

  • 1959

Lot Details

  • 8,712

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home

Interior Spaces

  • Insulated Windows
  • Combination Dining and Living Room
  • Crawl Space
  • Storm Doors

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,366

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Split Level
  • Property Sub Type: Split Level
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Co List Office Mls Id: MRD8808
  • Co List Office Phone: (708) 456-4040
  • Directions: West on Army Trail to Memory Ln then S to the home.
  • Lot Size: 77X124X80.09X104.2
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1959

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1064
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Storm Door(s)
  • Window Features: Insulated Windows
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, Granite Counters
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Features: Porch, Storms/Screens
  • Exterior Building Type: Vinyl Siding,Brick
  • Lot Features: Cul-De-Sac, Fenced Yard
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: Sink
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Army Trail Elementary School
  • High School: Addison Trail High School
  • Junior High Dist: 88
  • Middle Or Junior School: Indian Trail Junior High School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 5406.86
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Dec 13, 2021
Sold by
Chaparro Janet
Bought by
Espinoza Korayma and Blancas Alejandro
Seller's Agent
Sylvana Menolascino
RE/MAX Enterprises
Buyer's Agent
Gamaliel Marin
Smart Home Realty
List Price
$324,900
Sold Price
$310,000
Premium/Discount to List
-$14,900
-4.59%
Current Estimated Value
$373,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,729
Avg. Annual Appreciation
5.03%
Original Mortgage
$304,385
Outstanding Balance
$279,464
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$94,265

Purchase Details

Closed on
Sep 15, 2006
Sold by
Derosa Gina M
Bought by
Chaparro Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Donahue Ryan and Donahue Colleen
Bought by
Derosa Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,200
Interest Rate
6.01%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 2, 2004
Sold by
Ahlstrom Bo
Bought by
Donahue Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage
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
Espinoza Korayma $310,000 Attorneys Ttl Guaranty Fund
Chaparro Janet $285,000 Republic Title Company
Derosa Gina M $221,500 Burnet Title Llc
Donahue Ryan $190,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Korayma $304,385
Previous Owner Chaparro Janet $228,000
Previous Owner Derosa Gina M $177,200
Previous Owner Donahue Ryan $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $310,000 -4.6% $291 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $324,900 -- $305 / 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 $6,366 $98,326 $37,703 $60,623
2023 $6,065 $90,390 $34,660 $55,730
2022 $5,810 $84,890 $32,540 $52,350
2021 $5,562 $81,310 $31,170 $50,140
2020 $5,407 $77,890 $29,860 $48,030
2019 $5,364 $74,890 $28,710 $46,180
2018 $5,182 $69,830 $27,320 $42,510
2017 $5,042 $66,740 $26,110 $40,630
2016 $4,895 $61,620 $24,110 $37,510
2015 $4,760 $56,920 $22,270 $34,650
2014 $4,790 $56,910 $20,420 $36,490
2013 $4,696 $58,070 $20,840 $37,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11218696

Midwest Real Estate Data (MRED)

APN: 03-29-205-015