NOT LISTED FOR SALE

5237 Fairmount Ave Downers Grove, IL 60515

Estimated Value: $1,451,852 - $1,830,000

5 Beds
6 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold May 20, 2013

Last sale price $973,000

Est. 64% increase in value since last sale

Current estimated payment $10,541/month

30 Days on Market

Highlights

  • Whirlpool Bathtub
  • Formal Dining Room
  • Zoned Heating and Cooling
  • Whittier Elementary School Rated A-
  • Double Oven
  • 3-minute walk to Randall Park

About This Home

As of May 2013

This Oakley coastal home showcases unparalleled quality and craftsmanship in a prime Randall Park location. Features include hardwood floors, natural stone, millwork and four finished levels. Chefs Kitchen with upgraded appliances and cabinetry. Luxury Master Suite with spa. Lower level recreation with fireplace, bar & theatre. Beautiful new professional landscaping and patio. Walk to town, train, school & parks.

Last Agent to Sell the Property

Tamy Bobbitt

Berkshire Hathaway HomeServices Chicago License #471019782 Listed on: 03/02/2013

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Patty Wardlow

@properties Christie's International Real Estate License #475143618

@properties Christie's International Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $22,495

Year Built

  • 2011

Lot Details

  • 4,792

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar

Kitchen

  • Double Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • Whittier Elementary School
  • Downers Grove North High School

Additional Features

  • Formal Dining Room
  • Zoned Heating and Cooling

Property Details

Home Type

Other

Est. Annual Taxes

$22,495

Year Built

2011

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 14
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Fireplace Type/Details: Wood Burning
  • Fireplaces: 2
  • Attic: Finished
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 15X19
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 12X14
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 14X14
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 13X13
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Full Body Spray Shower, Soaking Tub
  • Living Room Level: Main Level
  • Living Room Size: 14X12
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 12X14
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 16X18
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Butler, Pantry-Walk-in
  • Kitchen Level: Main Level
  • Kitchen Size: 14X17
  • Kitchen Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar, Frame, Other
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s)
  • Driveway: Concrete

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Heat/Fuel: Gas, Forced Air, 2+ Sep Heating Systems

Schools

  • Elementary School: Whittier Elementary School
  • High School: Downers Grove North
  • Junior High Dist: 58
  • Junior High: Herrick Middle School

Lot Info

  • Lot Dimensions: 50 X 131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2013
Closed on
May 20, 2013
Sold by
Principe Joseph D and Principe Elcna M
Bought by
Werner Mark and Werner Mindy
Seller's Agent
Tamy Bobbitt
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Patty Wardlow
@properties Christie's International Real Estate
List Price
$1,000,000
Sold Price
$973,000
Premium/Discount to List
-$27,000
-2.7%
Current Estimated Value
$1,593,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,463
Avg. Annual Appreciation
4.09%
Original Mortgage
$97,300
Outstanding Balance
$69,540
Interest Rate
3.52%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,523,923

Purchase Details

Closed on
May 17, 2011
Sold by
Oakley Home Builders Inc
Bought by
Principe Joseph D and Principe Eleram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2010
Sold by
Palmer Gregg H
Bought by
Oakley Home Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2008
Sold by
Chicago Title Land Trust Co
Bought by
Palmer Gregg H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Werner Mark $973,000 Premier Title
Principe Joseph D $950,000 Ctic
Oakley Home Builders Inc $195,000 First American Title
Palmer Gregg H -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werner Mark $97,300
Previous Owner Principe Joseph D $724,000
Previous Owner Principe Joseph D $760,000
Previous Owner Oakley Home Builders Inc $546,750
Previous Owner Oakley Home Builders Inc $146,250
Previous Owner Palmer Gregg H $127,000
Previous Owner Palmer Edythe $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $973,000 -2.7% --
04/01/2013 04/01/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $1,000,000 -- --
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 $22,495 $400,920 $59,155 $341,765
2023 $21,433 $368,560 $54,380 $314,180
2022 $20,185 $348,970 $51,490 $297,480
2021 $18,898 $345,000 $50,900 $294,100
2020 $18,557 $338,170 $49,890 $288,280
2019 $17,986 $324,480 $47,870 $276,610
2018 $17,659 $314,970 $47,610 $267,360
2017 $17,115 $303,080 $45,810 $257,270
2016 $15,475 $266,930 $43,720 $223,210
2015 $15,331 $251,130 $41,130 $210,000
2014 $13,303 $212,370 $36,350 $176,020
2013 $13,034 $211,380 $36,180 $175,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08282425

Midwest Real Estate Data (MRED)

APN: 09-08-408-006