NOT LISTED FOR SALE

5317 Park Ave Downers Grove, IL 60515

Estimated Value: $1,022,000 - $1,089,000

4 Beds
3.5 Baths
3,032 Sq Ft
$351/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $875,000 $289 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,180/month

4 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Property is near a park
  • Whittier Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • 3-minute walk to Randall Park

About This Home

As of September 2023

Rarely available location overlooking the tennis courts of coveted Randall Park, this spacious home could be yours. Boasting over 3,500 SF of total living space, 4 beds, 3.1 baths and a partially finished basement...Enjoy this phenomenal location just a 10-minute walk to Main St. train station with multiple express trains to the city, blocks to Downtown Downers Grove and just 3 blocks to highly rated Whittier Elementary. A complete rebuild with addition was completed in 2006 and now feels like newer construction. Featuring a lovely front porch, gorgeous primary suite with a balcony, oversized staircases, 9-foot ceilings and a roomy open floor plan on the first floor, custom Amish cabinetry, sun room, butlers pantry and so much more...This home is waiting for new owners in a neighborhood that you have dreamed of with block parties, annual holiday luminaria, Easter egg hunt, soap box derby and more. P.S. This block is especially FUN! Welcome Home to North Downers Grove!

Last Agent to Sell the Property

Samantha Schroeder

@properties Christie's International Real Estate License #475140619 Listed on: 08/09/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Patrick Lally

@properties Christie's International Real Estate License #475158385

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,650

Year Built

  • Built in 1949 | Remodeled in 2006

Lot Details

  • 6,534

Parking

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

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,032 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Heatilator
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Heated Sun or Florida Room
  • Lower Floor Utility Room
  • Storage Room
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Double Oven
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

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

Outdoor Features

  • Balcony
  • Shed

Schools

  • Whittier Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Lot Dimensions are 50 x 131
  • Property is near a park

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,650

Year Built

Built in 1949 | Remodeled in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2006
  • New Construction Y/N: No
  • Rebuilt Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2006

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Built-In Oven, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter, Heatilator
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Built-in Features, Walk-In Closet(s), Ceilings - 9 Foot, Open Floorplan, Some Carpeting, Separate Dining Room
  • LivingArea: 3032
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Heated Sun Room, Balcony/Porch/Lanai, Recreation Room, Utility Room-Lower Level, Storage
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 3032
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Master Bedroom
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 875000
  • Lot Features: Park Adjacent
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Lake, Curbs, Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Whittier Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 131
  • 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: 14649.94
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 7, 2023
Sold by
Book Dale R & Rosemary Raupp
Bought by
Kafer Douglas and Kafer Michelle
Seller's Agent
Samantha Schroeder
@properties Christie's International Real Estate
Buyer's Agent
Patrick Lally
@properties Christie's International Real Estate
List Price
$875,000
Sold Price
$875,000
Views
68
Current Estimated Value
$1,063,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,212
Avg. Annual Appreciation
6.70%
Original Mortgage
$625,001
Outstanding Balance
$614,970
Interest Rate
7.12%
Estimated Equity
$373,426

Purchase Details

Closed on
Jun 23, 1994
Sold by
Book Dale R and Book Rosemary Raupp
Bought by
Book Dale R and Book Rosemary Raupp
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
Kafer Douglas $875,000 None Listed On Document
Book Dale R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kafer Douglas $625,001
Previous Owner Book Dale R $400,000
Previous Owner Book Dale $128,000
Previous Owner Book Dale R $200,000
Previous Owner Book Dale R $8,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $875,000 0.0% $289 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $875,000 -- $289 / 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 $16,310 $292,880 $59,155 $233,725
2023 $15,529 $269,240 $54,380 $214,860
2022 $14,650 $254,920 $51,490 $203,430
2021 $13,715 $252,020 $50,900 $201,120
2020 $13,465 $247,030 $49,890 $197,140
2019 $13,048 $237,030 $47,870 $189,160
2018 $12,856 $230,940 $47,610 $183,330
2017 $12,457 $222,220 $45,810 $176,410
2016 $12,222 $212,080 $43,720 $168,360
2015 $12,104 $199,530 $41,130 $158,400
2014 $10,515 $169,120 $36,350 $132,770
2013 $10,302 $168,330 $36,180 $132,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11843563

Midwest Real Estate Data (MRED)

APN: 09-08-407-011