NOT LISTED FOR SALE

516 Wakeman Ave Wheaton, IL 60187

Hawthorne Neighborhood

Estimated Value: $459,000 - $560,000

3 Beds
2 Baths
1,321 Sq Ft
$399/Sq Ft Est. Value

Last Sold December 05, 2024

Last sale price $520,000 $394 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,421/month

2 Days on Market

Highlights

  • Property is near a park
  • Recreation Room
  • Wood Flooring
  • Hawthorne Elementary School Rated A
  • Ranch Style House
  • 2-minute walk to Hawthorn Junction

About This Home

As of December 2024

Welcome to 516 Wakeman Ave - a beautiful 3-bedroom, 2-bath ranch home nestled in one of Wheaton's most sought-after neighborhoods. Just blocks from top-rated Hawthorne Elementary and a short stroll to the vibrant downtown area, this home offers unmatched access to the very best Wheaton has to offer! Enjoy boutique shopping, a variety of dining options, the Wheaton French Market, the proximity to parks, Franklin Middle School, the Metra and more. Inside, this well-appointed ranch features a large galley kitchen with rich Cherry cabinetry and plenty of countertop space and storage, a spacious main bathroom with double sinks, and a full finished basement, providing flexibility and room to grow. With 1,321 square feet plus basement space, this home offers plenty of space and options. The outdoor paver patio is a perfect retreat for morning coffee or summer gatherings and local gem Hawthorne Junction Park is just across the street. Furnace (2024), A/C (2024), Dryer (2021), Dishwasher (2020), Refrigerator (2020), Washer (2020), Secondary Refrigerator (2020). Don't miss out - set up a showing today!

Last Agent to Sell the Property

Michael Thornton

Keller Williams Premiere Properties License #475159142 Listed on: 11/07/2024

Last Buyer's Agent

Craig Doherty

@properties Christie?s International Real Estate License #475142563

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,570

Year Built

  • Built in 1963

Lot Details

  • 8,233 Sq Ft Lot
  • Lot Dimensions are 52x159x51x159
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,321 Sq Ft Home
  • Whole House Fan
  • Skylights
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Storage Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Brick Porch or Patio
  • Outdoor Grill

Schools

  • Hawthorne Elementary School
  • Franklin Middle School
  • Wheaton North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Power Generator
  • Gas Water Heater

Additional Features

  • Air Purifier
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,570

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1321
  • Other Equipment: Fan-Whole House, Sump Pump, Air Purifier, Generator, Water Heater-Gas
  • Room Type: Eating Area, Office, Recreation Room, Storage, Bonus Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hawthorne Elementary School
  • High School: Wheaton North High School
  • Middle/Junior School: Franklin Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.189
  • Lot Dimensions: 52X159X51X159
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 7570.32
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Dec 2, 2024
Sold by
Ellingsen Timothy and Ellingsen Jennifer
Bought by
Kadam Mihir and Storm Madeline
Seller's Agent
Michael Thornton
Keller Williams Premiere Properties
Buyer's Agent
Craig Doherty
@properties Christie?s International Real Estate
List Price
$465,000
Sold Price
$520,000
Premium/Discount to List
$55,000
11.83%
Views
44
Current Estimated Value
$527,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,411
Avg. Annual Appreciation
1.34%
Original Mortgage
$416,000
Outstanding Balance
$412,858
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$114,553

Purchase Details

Listed on
Nov 5, 2014
Closed on
Dec 15, 2014
Sold by
Hall Terry and Hall Karen R
Bought by
Ellingsen Timothy and Ellingsen Jennifer
Seller's Agent
Eric Logan
Realty Executives Premier Illinois
Buyer's Agent
Becky VanderVeen
Realty Executives Premier Illinois
List Price
$344,516
Sold Price
$322,500
Premium/Discount to List
-$22,016
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$258,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kadam Mihir $520,000 Chicago Title
Ellingsen Timothy $322,500 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadam Mihir $416,000
Previous Owner Ellingsen Timothy $258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2024 12/05/24 Sold $520,000 +11.8% $394 / Sq Ft
11/10/2024 11/10/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $465,000 +44.2% $352 / Sq Ft
12/15/2014 12/15/14 Sold $322,500 -6.4% $253 / Sq Ft View Prior Sale
11/18/2014 11/18/14 Pending -- -- --
11/05/2014 11/05/14 For Sale $344,516 -- $270 / 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 $7,888 $130,389 $35,438 $94,951
2023 $7,570 $120,020 $32,620 $87,400
2022 $7,440 $113,430 $30,830 $82,600
2021 $7,413 $110,740 $30,100 $80,640
2020 $7,389 $109,710 $29,820 $79,890
2019 $7,217 $106,810 $29,030 $77,780
2018 $7,033 $103,100 $27,350 $75,750
2017 $6,924 $99,300 $26,340 $72,960
2016 $6,829 $95,340 $25,290 $70,050
2015 $6,771 $90,960 $24,130 $66,830
2014 $6,180 $87,220 $18,330 $68,890
2013 $6,023 $87,480 $18,380 $69,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Thornton

    Seller's Agent in 2024

    Michael Thornton

    Keller Williams Premiere Properties

    (630) 532-9246

    25 in this area

    328 Total Sales

    Michael Thornton
    Section Image
  • Craig Doherty

    Buyer's Agent in 2024

    Craig Doherty

    @ Properties

    (630) 670-8334

    11 in this area

    159 Total Sales

    Craig Doherty
    Section Image
  • Eric Logan

    Seller's Agent in 2014

    Eric Logan

    Realty Executives

    (630) 675-1737

    47 in this area

    357 Total Sales

    Eric Logan
    Section Image
  • Becky VanderVeen

    Buyer's Agent in 2014

    Becky VanderVeen

    Realty Executives

    (630) 220-1447

    45 in this area

    332 Total Sales

    Becky VanderVeen
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12200075

Midwest Real Estate Data (MRED)

APN: 05-09-405-014

Illinois DuPage County Wheaton 60187 Hawthorne

516 Wakeman Ave, Wheaton, IL

Not Listed for Sale

Detached

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