Landlord's Agent in 2024
Lori Johanneson
@ Properties
(630) 667-7562
2 in this area
363 Total Sales
516 Spring Ave Naperville, IL 60540
Downtown Naperville NeighborhoodEstimated Value: $461,000 - $753,000
5
Beds
3
Baths
1,920
Sq Ft
$328/Sq Ft
Est. Value
Highlights
- Main Floor Bedroom
- Home Office
- Bathroom on Main Level
- Naper Elementary School Rated A
- Stainless Steel Appliances
- Forced Air Heating and Cooling System
About This Home
As of September 2024Welcome to 516 Spring Avenue, a totally renovated 5 bed/3 bath rental perfectly located just half a mile outside Downtown Naperville. This home is in completely pristine, move-in ready condition - a full gut and remodel completed by professional home designers to create the perfect home for renters. When we say new, we mean it - nothing in this home is over a year old! All brand new, never lived-in everything from top to bottom. Tenants can enjoy a front porch that offers views of a desirable neighborhood and an interior offering every attention to detail. The main floor offers a beautiful, modern white kitchen featuring a full complement of stainless steel appliances and gleaming quartz counters; an adjacent living room that serves as the perfect space to host family and friends; a bedroom; one full bath; and a home office that can easily be used as a work or flex space. Upstairs, three additional bedrooms, two full bathrooms, and a home office space await! This home comes complete with an unfinished basement perfect for use as a storage space and a covered maintenance-free deck. Revel in the luxury of living within walking distance of the Metra, Centennial Beach, and all the dining, shopping, and entertainment Downtown Naperville has to offer! Don't miss your chance to call this incredible rental home! Six month minimum lease. Security deposit is one month's rent. $1000 non-refundable pet deposit. Pets must be 50 pounds or less. 600 minimum credit score. Applicants may be asked to provide paystubs during application process. Listing Agent will provide link to rental application upon request.
Last Agent to Rent the Property
@properties Christie's International Real Estate License #475131610 Listed on: 08/05/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,546
Year Built
- Built in 1906 | Remodeled in 2023
Lot Details
- Lot Dimensions are 47x175
Home Design
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,920 Sq Ft Home
- 2-Story Property
- Combination Dining and Living Room
- Home Office
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Parking
- 3 Parking Spaces
- Alley Access
- Driveway
- Uncovered Parking
- Off-Street Parking
- Off Alley Parking
- Parking Included in Price
Schools
- Naper Elementary School
- Washington Junior High School
- Naperville North High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Property Available on 8/5/24
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2023
Closed on
Dec 4, 2023
Sold by
Dirk Van Tellingen and Dirk Cheryl Quick
Bought by
Merryweather Paul and Merryweather Claire A
Seller's Agent
Connie Highland
Baird & Warner
Buyer's Agent
Lori Johanneson
@properties Christie's International Real Estate
List Price
$350,000
Sold Price
$265,000
Premium/Discount to List
-$85,000
-24.29%
Views
108
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
$364,055
Avg. Annual Appreciation
62.97%
Original Mortgage
$417,035
Outstanding Balance
$409,130
Interest Rate
6.8%
Mortgage Type
New Conventional
Estimated Equity
$219,925
Purchase Details
Closed on
Sep 21, 2007
Sold by
Vantellingen Dirk A
Bought by
Vantellingen Dirk and Quick Cheryl
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merryweather Paul | $265,000 | None Listed On Document | |
| Vantellingen Dirk | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merryweather Paul | $417,035 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2024 09/13/24 | Rented | $3,900 | -2.4% | -- |
| 09/02/2024 09/02/24 | Under Contract | -- | -- | -- |
| 08/26/2024 08/26/24 | Price Changed | $3,995 | -4.9% | $2 / Sq Ft |
| 08/19/2024 08/19/24 | Price Changed | $4,200 | -6.7% | $2 / Sq Ft |
| 08/05/2024 08/05/24 | Price Changed | $4,500 | -10.0% | $2 / Sq Ft |
| 07/03/2024 07/03/24 | For Rent | $5,000 | 0.0% | -- |
| 12/15/2023 12/15/23 | Sold | $265,000 | -24.3% | -- |
| 10/18/2023 10/18/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | For Sale | $350,000 | -- | -- |
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 | $9,546 | $155,662 | $98,570 | $57,092 |
| 2023 | $9,075 | $139,870 | $88,570 | $51,300 |
| 2022 | $8,320 | $128,760 | $81,110 | $47,650 |
| 2021 | $8,038 | $124,170 | $78,220 | $45,950 |
| 2020 | $8,012 | $124,170 | $78,220 | $45,950 |
| 2019 | $7,742 | $118,100 | $74,400 | $43,700 |
| 2018 | $7,488 | $114,390 | $71,560 | $42,830 |
| 2017 | $7,345 | $110,510 | $69,130 | $41,380 |
| 2016 | $7,179 | $106,050 | $66,340 | $39,710 |
| 2015 | $7,206 | $100,690 | $62,990 | $37,700 |
| 2014 | $7,268 | $98,460 | $61,280 | $37,180 |
| 2013 | $7,216 | $99,150 | $61,710 | $37,440 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Johanneson
-
Kimberly Marino
Tenant's Agent in 2024
Kimberly Marino
Jameson Sotheby's International Realty
(630) 732-1299
33 in this area
135 Total Sales
-
Connie Highland
Seller's Agent in 2023
Connie Highland
Baird Warner
(630) 667-5334
9 in this area
36 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12100051
APN: 07-13-220-003
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