NOT LISTED FOR SALE

525 S Addison Ave Villa Park, IL 60181

Estimated Value: $358,000 - $434,000

2 Beds
1 Bath
984 Sq Ft
$387/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $315,000 $320 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,542/month

16 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Fenced Yard
  • Ardmore Elementary School Rated A-
  • Sun or Florida Room
  • 2 Car Detached Garage

About This Home

As of May 2024

**SOLD BEFORE PROCESSING** Super South Villa Park location featuring lots of updates including a fantastic kitchen w/granite counter tops, glass tile backsplash, beautiful walnut cabinets & all updated appliances. Great living room w/pretty bay window, nice size bedrooms, full bath w/newer tub and vanity. Vinyl Replacement windows throughout the house. Large family room w/wood laminate floors, Cedar wood ceiling and separate laundry room. Fabulous 3-season sun room has skylights and vaulted Cedarwood ceiling, awesome for parties and summer fun. Big back yard, fully fenced with 2 car garage. Newer vinyl siding & roof ( 9 years) boiler furnace approx. 9 year old, central air 8 years. Hot water heater new '22. A great place to call home! This home is in excellent condition but it is being sold "As Is".

Last Agent to Sell the Property

Mary Reedy O'Connor

J.W. Reedy Realty License #475103523 Listed on: 04/28/2024

Last Buyer's Agent

Tom Fosnot

J.W. Reedy Realty License #475137941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,103

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 50x188
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Split Level Home
  • Bi-Level Home
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 984 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Sun or Florida Room
  • Wood Flooring
  • Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Ardmore Elementary School
  • Jackson Middle School
  • Willowbrook High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,103

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1954
  • 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors
  • LivingArea: 984
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 1426
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1426
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ardmore Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Jackson Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X188
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 6102.6
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2024
Closed on
May 9, 2024
Sold by
Peneschi Michael T and Peneschi Kourtney H
Bought by
Cruz Carlos and Cruz Lisette
Seller's Agent
Mary Reedy O'Connor
J.W. Reedy Realty
Buyer's Agent
Tom Fosnot
J.W. Reedy Realty
List Price
$315,000
Sold Price
$315,000
Views
3
Current Estimated Value
$381,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,088
Avg. Annual Appreciation
13.83%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Peneschi Michael T and Peneschi Kourney H
Bought by
Peneschi Michael T and Peneschi Kourtnye H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2008
Sold by
Maruda Lisa K
Bought by
Peneschi Michael T and White Kourtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2005
Sold by
Jongsma Lizabeth F
Bought by
Maruda Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,750
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 18, 1998
Sold by
Jongsma Lizabeth F and Daugherty Debbie S
Bought by
Jongsma Lizabeth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,250
Interest Rate
7.27%
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
Cruz Carlos $315,000 None Listed On Document
Peneschi Michael T -- Attorney
Peneschi Michael T $210,000 Security Title
Maruda Lisa K $254,500 Midwest Title Services Llc
Jongsma Lizabeth F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peneschi Michael T $187,000
Previous Owner Peneschi Michael T $199,500
Previous Owner Maruda Lisa K $241,750
Previous Owner Jongsma Lizabeth F $98,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $315,000 0.0% $320 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $315,000 -- $320 / 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 $6,579 $95,044 $32,723 $62,321
2023 $6,255 $87,890 $30,260 $57,630
2022 $6,103 $84,490 $29,090 $55,400
2021 $5,852 $82,390 $28,370 $54,020
2020 $5,711 $80,590 $27,750 $52,840
2019 $5,328 $76,620 $26,380 $50,240
2018 $5,286 $71,810 $24,720 $47,090
2017 $5,154 $68,430 $23,560 $44,870
2016 $5,002 $64,460 $22,190 $42,270
2015 $4,924 $60,050 $20,670 $39,380
2014 $4,104 $51,230 $32,850 $18,380
2013 $3,914 $51,950 $33,310 $18,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12026755

Midwest Real Estate Data (MRED)

APN: 06-09-403-006