NOT LISTED FOR SALE

518 S Michigan Ave Villa Park, IL 60181

Estimated Value: $421,000 - $517,000

4 Beds
2 Baths
1,685 Sq Ft
$269/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $325,000 $193 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,006/month

9 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Stainless Steel Appliances
  • Ardmore Elementary School Rated A-
  • Wood Flooring
  • Fenced Yard

About This Home

As of March 2020

This is the home that you have been waiting for! 4 bedrooms and 2 full updated baths with a beautifully updated kitchen. So many updates that there is simply nothing to do but move in. Home features hardwood floors, stainless steel appliances, gorgeous bathrooms, a huge back yard and deck plus an extra large HEATED garage for tons of storage. Master Bedroom features huge walk in closet. Updated items include: Windows, doors, roof and garage gutters, a/c, water heater, appliances and attic insulation. 4th Bedroom is currently being used as large dining room. More storage in the unfinished basement as well. The garage has new siding and new garage door. Exterior home was painted in 2018. Located close to bike paths, schools and parks. You have to put this one on your list of favorites and come and see it quickly.

Last Agent to Sell the Property

CC Whitt

J.W. Reedy Realty License #475127483 Listed on: 01/02/2020

Last Buyer's Agent

Sue Pearce

J.W. Reedy Realty License #475115397

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,655

Year Built

  • 1949

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • Sewing Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,655

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1685
  • Unfinished Lower Sq Ft: 867
  • Style Of House: Cape Cod
  • Type Detached: 2 Stories
  • Estimated Year Built: 1949
  • Total Sq Ft: 2552
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Interior Property Features: Hardwood Floors, Walk-In Closet(s)
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 19X23, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Sewing Room
  • Master Bedroom: Dimensions: 14X16, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Sewing, Dimensions: 10X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X13, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1685
  • Estimated Total Finished Sq Ft: 1685
  • Main Level Sq Ft: 710
  • Upper Level Sq Ft: 975

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: E (East)
  • Acreage: 0.2158

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 45

Lot Info

  • Lot Dimensions: 48X192
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0609404016

Tax Info

  • Taxes: 6148.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Mar 3, 2020
Sold by
Grollo Anthony J and Grollo Madelyn
Bought by
Gallagher Patrick R and Salyers Leslie Ann
Seller's Agent
CC Whitt
J.W. Reedy Realty
Buyer's Agent
Sue Pearce
J.W. Reedy Realty
List Price
$329,900
Sold Price
$325,000
Premium/Discount to List
-$4,900
-1.49%
Current Estimated Value
$452,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,550
Avg. Annual Appreciation
6.03%
Original Mortgage
$260,000
Outstanding Balance
$230,788
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$221,762

Purchase Details

Listed on
Apr 6, 2013
Closed on
Jul 3, 2013
Sold by
Bouck Linda
Bought by
Schnierie Madelyn and Grollo Anthony J
Seller's Agent
Rhonda Wirkes
Keller Williams Chicago-Lakeview
Buyer's Agent
CC Whitt
J.W. Reedy Realty
List Price
$235,000
Sold Price
$216,500
Premium/Discount to List
-$18,500
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$173,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2003
Sold by
Story Roderick W
Bought by
Bouck Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6%
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
Gallagher Patrick R $325,000 Attorney
Schnierie Madelyn $216,500 None Available
Bouck Linda $98,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Patrick R $260,000
Previous Owner Schnierie Madelyn $173,200
Previous Owner Bouck Linda $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2020 03/06/20 Sold $325,000 0.0% $193 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
01/11/2020 01/11/20 Off Market $325,000 -- --
01/02/2020 01/02/20 For Sale $329,900 +52.4% $196 / Sq Ft
07/08/2013 07/08/13 Sold $216,500 -5.0% -- View Prior Sale
05/23/2013 05/23/13 Pending -- -- --
05/03/2013 05/03/13 Price Changed $228,000 -3.0% --
04/06/2013 04/06/13 For Sale $235,000 -- --
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 $7,655 $109,276 $32,572 $76,704
2023 $7,286 $101,050 $30,120 $70,930
2022 $7,086 $97,140 $28,950 $68,190
2021 $6,797 $94,720 $28,230 $66,490
2020 $6,634 $92,640 $27,610 $65,030
2019 $6,192 $88,080 $26,250 $61,830
2018 $6,149 $82,550 $24,600 $57,950
2017 $5,999 $78,660 $23,440 $55,220
2016 $5,827 $74,100 $22,080 $52,020
2015 $5,742 $69,030 $20,570 $48,460
2014 $6,614 $78,890 $32,850 $46,040
2013 $5,636 $72,170 $33,310 $38,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10599841

Midwest Real Estate Data (MRED)

APN: 06-09-404-016