518 N Forest Dr Addison, IL 60101
5
Beds
2.5
Baths
3,129
Sq Ft
1.25
Acres
Highlights
- 1.25 Acre Lot
- Recreation Room
- Workshop
- Family Room with Fireplace
- Ranch Style House
- Formal Dining Room
About This Home
As of November 2024Nestled on approximately 1.1 acres, this stunning five-bedroom home invites you into a world of serene elegance. Surrounded by a private wooded setting, the 3,129 square feet of living space exudes warmth and comfort. The moment you step inside, you're greeted by extensive crown moldings and gleaming hardwood floors that flow gracefully from room to room. The airy living room boasts a vaulted ceiling and is bathed in natural light from large windows and skylights, making it the perfect space for gatherings or quiet moments by the fireplace. The heart of the home is the beautifully remodeled kitchen, designed with an open flow that seamlessly connects to the family room and dining area. High-quality fixtures and a convenient pantry make it a chef's dream. Each of the five bedrooms offers generous closet space, with the master suite featuring a luxurious walk-in closet and a spa-like bath complete with heated floors. Outside, three inviting patios beckon for outdoor entertaining or peaceful reflection, while the finished basement provides additional living space with a fireplace, wet bar, and workshop. This home isn't just a residence; it's a sanctuary, blending modern conveniences with timeless charm.
Last Agent to Sell the Property
Ross Waxman
Value Add Realty Group LTD License #471019647
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,361
Year Built
- Built in 1968 | Remodeled in 2015
Lot Details
- 1.25 Acre Lot
- Lot Dimensions are 105 x 213 x 200 x 311
- Additional Parcels
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Brick or Stone Mason
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 3,129 Sq Ft Home
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Workshop
- Utility Room with Study Area
- Laundry Room
- Fireplace in Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
Schools
- Fullerton Elementary School
- Indian Trail Junior High School
- Addison Trail High School
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2024
Closed on
Nov 1, 2024
Sold by
Alan D Glassman 2018 Trust and Glassman Shepsky Caren
Bought by
Ngo Amy
Seller's Agent
Ross Waxman
Value Add Realty Group LTD
Buyer's Agent
Michele Frontier
Real 1 Realty
List Price
$619,000
Sold Price
$590,000
Premium/Discount to List
-$29,000
-4.68%
Total Days on Market
76
Views
147
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
-$39,561
Avg. Annual Appreciation
-49.10%
Original Mortgage
$450,000
Outstanding Balance
$449,563
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
-$28,645
Purchase Details
Closed on
Oct 19, 2018
Sold by
Glassman Alan
Bought by
Glassman Alan D and Alan D Glassman 2018 Trust
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $590,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Previous Owner | $78,264 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2024 11/04/24 | Sold | $590,000 | -4.7% | $189 / Sq Ft |
| 10/15/2024 10/15/24 | Pending | -- | -- | -- |
| 10/02/2024 10/02/24 | For Sale | $619,000 | 0.0% | $198 / Sq Ft |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- |
| 09/09/2024 09/09/24 | Price Changed | $619,000 | -4.6% | $198 / Sq Ft |
| 08/28/2024 08/28/24 | Price Changed | $649,000 | -3.9% | $207 / Sq Ft |
| 07/31/2024 07/31/24 | For Sale | $675,000 | -- | $216 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2023 | $379 | $5,150 | $5,150 | $0 |
| 2022 | $377 | $5,120 | $5,120 | $0 |
| 2021 | $362 | $4,900 | $4,900 | $0 |
| 2020 | $353 | $4,690 | $4,690 | $0 |
| 2019 | $351 | $4,510 | $4,510 | $0 |
| 2018 | $349 | $4,300 | $4,300 | $0 |
| 2017 | $341 | $4,110 | $4,110 | $0 |
| 2016 | $334 | $3,790 | $3,790 | $0 |
| 2015 | $327 | $3,500 | $3,500 | $0 |
| 2014 | $323 | $3,430 | $3,430 | $0 |
| 2013 | $316 | $3,500 | $3,500 | $0 |
Source: Public Records
Source: Midwest Real Estate Data (MRED)
MLS Number: 12124949
APN: 03-22-322-010
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