Seller's Agent in 2023
Eric Logan
Realty Executives
(630) 675-1737
19 in this area
367 Total Sales
516 N Gary Ave Wheaton, IL 60187
Downtown Wheaton NeighborhoodEstimated Value: $1,145,000 - $1,951,000
4
Beds
4
Baths
3,497
Sq Ft
$450/Sq Ft
Est. Value
Highlights
- New Construction
- Second Garage
- Wood Flooring
- Longfellow Elementary School Rated A
- Contemporary Architecture
- 4-minute walk to W.W. Stevens Park
About This Home
As of December 2023A PRESTIGIOUS LINCOLN AVENUE ADDRESS IS COMING TO NORTH WHEATON! Proposed new construction home offering 3500 sq ft of refined living space. Transitional design, 4 Bedroom, 4 Bath luxury residence curated by esteemed Windham Custom Homes to be built on an idyllic 65x186 corner lot just a few short blocks from the train, coveted District 200 Longfellow Elementary School, and vibrant downtown Wheaton with all its notable shops, enticing eateries and renowned seasonal French Market! Collaborate with our team to build and customize your new dream home! Expansive open first floor living space is designed for today's family and entertaining lifestyles and includes: a covered Front Porch; an elegant Foyer; a state of the art chef's Kitchen with 12 ft island, walk-in pantry, 48" range, two sinks/dishwashers provides plenty of space for multiple cooks; a Great Room and Dining Room featuring 10 ft ceilings that open to a western facing Covered Bluestone Porch - the perfect spot for winding down the day while watching a beautiful midwestern sunset; a Flex Room for use as a Home Office or Guest Bedroom with its adjacent Full Bath; and a spacious Mudroom with Walk-In-Closet. Second floor offers: a serene private Primary Bedroom retreat with on-suite luxury Bath and impressive Walk-In-Closet; Bedrooms 2 & 3 with Walk-In-Closets and Jack & Jill Bath; Bedroom 4 with Walk-In-Closet and private Full Bath; and a convenient Laundry Room. Other notable features of this stately residence include: dramatic windows offering natural light in any season; a staircase with open risers; 2 car attached garage thoughtfully located with entrance from Gary Avenue to maximize your outdoor entertainment and play spaces; and a separate detached garage perfect for storage. UNIQUE OPPORTUNITY TO COLLABORATE WITH WINDHAM CUSTOM HOMES TO BUILD YOUR DREAM HOME AT THIS UNRIVALED LOCATION IN GORGEOUS NORTH WHEATON!
Last Agent to Sell the Property
Realty Executives Premier Illinois License #475140303 Listed on: 03/03/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,573
Year Built
- Built in 2022 | New Construction
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 65 x 187
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 3 Car Detached Garage
- Second Garage
- Garage ceiling height seven feet or more
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Contemporary Architecture
- Traditional Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,497 Sq Ft Home
- 2-Story Property
- Historic or Period Millwork
- Ceiling height of 10 feet or more
- Heatilator
- Fireplace With Gas Starter
- ENERGY STAR Qualified Windows
- Window Screens
- Mud Room
- Family Room with Fireplace
- Great Room
- Formal Dining Room
- Den
- Unfinished Attic
- Carbon Monoxide Detectors
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Bathroom on Main Level
- 4 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry on upper level
- Sink Near Laundry
- Gas Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- 9 Foot Basement Ceiling Height
- Sump Pump
- Rough-In Basement Bathroom
Outdoor Features
- Porch
Schools
- Longfellow Elementary School
- Franklin Middle School
- Wheaton North High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Two Heating Systems
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
- Custom
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2022
Closed on
Dec 18, 2023
Sold by
Windham Homes Inc
Bought by
Spisovskiy Sergey and Spisovskiy Liliya
Seller's Agent
Eric Logan
Realty Executives Premier Illinois
Buyer's Agent
Lance Kammes
RE/MAX Suburban
List Price
$1,395,000
Sold Price
$1,866,101
Premium/Discount to List
$471,101
33.77%
Views
153
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$293,577
Avg. Annual Appreciation
-9.32%
Original Mortgage
$1,480,000
Interest Rate
8.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2021
Sold by
Ochwat Kevin C and Ochwat Jennifer A
Bought by
Windham Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
2.7%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 21, 2008
Sold by
Anderson James M and Anderson Margaret E
Bought by
Ochwat Kevin C and Ochwat Jennifer A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spisovskiy Sergey | $1,866,500 | Greater Illinois Title | |
| Windham Homes Inc | $362,000 | Attorneys Ttl Guaranty Fund | |
| Ochwat Kevin C | $390,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spisovskiy Sergey | $1,489,000 | |
| Closed | Spisovskiy Sergey | $1,480,000 | |
| Closed | Spisovskiy Sergey | $1,480,000 | |
| Previous Owner | Windham Homes Inc | $2,038,000 | |
| Previous Owner | Windham Homes Inc | $10,000 | |
| Previous Owner | Ochwat Kevin C | $290,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2023 12/18/23 | Sold | $1,866,101 | 0.0% | $534 / Sq Ft |
| 04/05/2023 04/05/23 | Pending | -- | -- | -- |
| 03/31/2023 03/31/23 | Off Market | $1,866,101 | -- | -- |
| 09/28/2022 09/28/22 | Pending | -- | -- | -- |
| 08/17/2022 08/17/22 | For Sale | $1,395,000 | -25.2% | $399 / Sq Ft |
| 08/16/2022 08/16/22 | Off Market | $1,866,101 | -- | -- |
| 07/20/2022 07/20/22 | For Sale | $1,395,000 | -25.2% | $399 / Sq Ft |
| 07/19/2022 07/19/22 | Off Market | $1,866,101 | -- | -- |
| 03/03/2022 03/03/22 | For Sale | $1,395,000 | -- | $399 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $32,522 | $512,585 | $54,200 | $458,385 |
| 2023 | $4,857 | $71,870 | $49,890 | $21,980 |
| 2022 | $9,018 | $130,220 | $47,150 | $83,070 |
| 2021 | $8,573 | $127,130 | $46,030 | $81,100 |
| 2020 | $8,546 | $125,940 | $45,600 | $80,340 |
| 2019 | $8,349 | $122,620 | $44,400 | $78,220 |
| 2018 | $8,112 | $118,000 | $41,830 | $76,170 |
| 2017 | $7,989 | $113,650 | $40,290 | $73,360 |
| 2016 | $8,352 | $115,270 | $38,680 | $76,590 |
| 2015 | $8,287 | $109,970 | $36,900 | $73,070 |
| 2014 | $6,530 | $86,540 | $24,020 | $62,520 |
| 2013 | $6,363 | $86,800 | $24,090 | $62,710 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Logan
-
Becky VanderVeen
Seller Co-Listing Agent in 2023
Becky VanderVeen
Realty Executives
(630) 220-1447
15 in this area
336 Total Sales
-
Lance Kammes
Buyer's Agent in 2023
Lance Kammes
RE/MAX Suburban
(630) 868-6315
32 in this area
905 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11337649
APN: 05-17-221-005
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