NOT LISTED FOR SALE

540 E Riordan Rd Villa Park, IL 60181

Estimated Value: $271,000 - $330,000

3 Beds
1 Bath
967 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $262,500 $271 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,985/month

71 Days on Market

Highlights

  • Deck
  • Property is near a park
  • 1 Car Detached Garage
  • John E Albright Middle School Rated 9+
  • Wood Flooring
  • 1-minute walk to Westlands Park

About This Home

As of July 2023

Don't miss this amazing lot/home with so much potential! | This one level living ranch is great for downsizing, rental investment property and more | located on a 123x157 lot, the possibilities are endless | The home DOES need work but we priced for work needed | Also located next to a quite park and dead-end street making the privacy even better! | Hardwood floors throughout this 3 bedroom, 1 bath home | Located in highly rated Villa Park School District | With a new build or a little TLC on the current home, there's a great investment is waiting! | Love where you live!

Last Agent to Sell the Property

Tim Schiller

@properties Christie's International Real Estate License #475127707 Listed on: 04/13/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Sara Cervantes

Realty of America, LLC License #475202673

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,728

Year Built

  • Built in 1957

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 123 x 157

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 967 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Dormer Attic
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Salt Creek Elementary School
  • John E Albright Middle School
  • Willowbrook High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Private or Community Septic Tank

Additional Features

  • Deck
  • Property is near a park

Community Details

  • Westlands Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,728

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Westlands
  • Year Built: 1957
  • 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, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 967
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 967
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 967
  • Attic: Dormer
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Park Adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Salt Creek Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: John E Albright Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3718
  • Lot Dimensions: 123 X 157
  • 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: 3728
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jul 17, 2023
Sold by
John Dawson Revocable Trust
Bought by
Portilla Noe Reyes
Seller's Agent
Tim Schiller
@properties Christie's International Real Estate
Buyer's Agent
Sara Cervantes
Realty of America, LLC
List Price
$269,000
Sold Price
$262,500
Premium/Discount to List
-$6,500
-2.42%
Views
806
Current Estimated Value
$308,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,941
Avg. Annual Appreciation
7.30%
Original Mortgage
$236,224
Outstanding Balance
$231,085
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$77,356

Purchase Details

Closed on
Nov 29, 2006
Sold by
Chirayil Luke and Chirayil Shiji
Bought by
Dawson John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2003
Sold by
Foley Patricia A and Hannan Marilyn B
Bought by
Chirayil Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 6, 1996
Sold by
Klein Charles F and Foley Patricia A
Bought by
Foley Patricia A and Hannan Marilyn B
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
Portilla Noe Reyes $262,500 None Listed On Document
Dawson John P $248,000 Pntn
Chirayil Luke $181,500 Atg
Foley Patricia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portilla Noe Reyes $236,224
Previous Owner Dawson John P $223,200
Previous Owner Chirayil Luke $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $262,500 -2.4% $271 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $269,000 0.0% $278 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $269,000 -- $278 / 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 $4,360 $74,595 $51,150 $23,445
2023 $3,922 $68,980 $47,300 $21,680
2022 $3,738 $66,310 $45,470 $20,840
2021 $3,728 $64,660 $44,340 $20,320
2020 $3,655 $63,240 $43,370 $19,870
2019 $3,477 $60,120 $41,230 $18,890
2018 $3,441 $56,340 $38,640 $17,700
2017 $3,378 $53,690 $36,820 $16,870
2016 $3,131 $50,580 $34,690 $15,890
2015 $3,102 $47,120 $32,320 $14,800
2014 $4,037 $60,640 $37,570 $23,070
2013 $3,780 $61,490 $38,100 $23,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11758583

Midwest Real Estate Data (MRED)

APN: 06-15-405-011