NOT LISTED FOR SALE

540 W Moreland Ave Unit 4 Addison, IL 60101

Estimated Value: $317,000 - $377,159

3 Beds
2 Baths
1,026 Sq Ft
$338/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $335,000 $327 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,347/month

9 Days on Market

Highlights

  • Recreation Room
  • Home Office
  • Living Room
  • Wood Flooring
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of September 2023

Don't miss this opportunity to own a ranch style home in a desirable neighborhood. This spacious property offers 3 bedrooms, 2 bathrooms, a large living room, a dining area, and a kitchen with plenty of cabinet space. You will love the hardwood floors throughout the house, the natural light from the windows. The backyard is perfect for entertaining, with a patio, a lawn, and a 2 car detached garage with a side drive. This home is conveniently located close to schools, shops, parks, and public transportation. Schedule your showing today and see for yourself what this home has to offer.

Last Agent to Sell the Property

Airel Hermosillo

Smart Home Realty License #471015973 Listed on: 08/18/2023

Last Buyer's Agent

Brandon Trujillo

AIR Real Estate License #475200210

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,877

Year Built

  • Built in 1958

Lot Details

  • 7,784 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Side Driveway
  • Parking Included in Price

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,877

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1958
  • 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

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1026
  • Room Type: Office, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 340000
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 44

Lot Info

  • Lot Size Acres: 0.1787
  • Lot Dimensions: 6980
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4877.04
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 25, 2023
Sold by
Hernandez Raul and Hernandez Olga
Bought by
Martinez Rosa Rodriguez
Seller's Agent
Airel Hermosillo
Smart Home Realty
Buyer's Agent
Brandon Trujillo
AIR Real Estate
List Price
$340,000
Sold Price
$335,000
Premium/Discount to List
-$5,000
-1.47%
Total Days on Market
9
Views
104
Current Estimated Value
$346,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,790
Avg. Annual Appreciation
0.83%
Original Mortgage
$310,400
Outstanding Balance
$306,337
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$33,561

Purchase Details

Closed on
Feb 7, 2017
Sold by
Aguilar Raul Hernandez and Esparza Juana
Bought by
Hernandez Raul and Hernandez Olga

Purchase Details

Closed on
Jan 30, 2015
Sold by
Hernandez Raul and Hernandez Olga
Bought by
Aguilar Raul Hernandez

Purchase Details

Closed on
Dec 27, 2010
Sold by
Fannie Mae
Bought by
Hernandez Raul

Purchase Details

Closed on
Aug 27, 2010
Sold by
Sanchez Simona
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 11, 2004
Sold by
Aaa Investments Llc
Bought by
Sanchez Praxedis and Sanchez Simona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,065
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1999
Sold by
Murillo Ruben and Murillo Efrain
Bought by
Murillo Ruben and Murillo Rosa Elva

Purchase Details

Closed on
May 20, 1996
Sold by
Murillo Luis and Murillo Luis
Bought by
Murillo Ruben and Murillo Efrain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,340
Interest Rate
8.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 1993
Sold by
Porter Stanley and Porter Joanne R
Bought by
Murillo Luis and Murillo Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Martinez Rosa Rodriguez $335,000 None Listed On Document
Hernandez Raul -- Attorney
Aguilar Raul Hernandez -- None Available
Hernandez Raul $100,000 Atg
Federal National Mortgage Association -- None Available
Sanchez Praxedis $239,000 Chicago Title Insurance Comp
Murillo Ruben -- World Title
Murillo Ruben $133,000 First American Title Ins
Murillo Luis $121,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Rosa Rodriguez $310,400
Previous Owner Hernandez Raul $66,250
Previous Owner Sanchez Praxedis $216,000
Previous Owner Sanchez Praxedis $203,065
Previous Owner Aaa Investments Llc $3,000,000
Previous Owner Murillo Ruben $141,500
Previous Owner Murillo Ruben $134,450
Previous Owner Murillo Ruben $131,340
Previous Owner Murillo Luis $119,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $335,000 -1.5% $327 / Sq Ft
09/08/2023 09/08/23 Price Changed $340,000 0.0% $331 / Sq Ft
09/08/2023 09/08/23 For Sale $340,000 -2.9% $331 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $350,000 -- $341 / 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
2023 $5,071 $76,880 $34,660 $42,220
2022 $4,877 $72,220 $32,540 $39,680
2021 $4,666 $69,180 $31,170 $38,010
2020 $4,533 $66,270 $29,860 $36,410
2019 $4,495 $63,720 $28,710 $35,010
2018 $4,435 $60,630 $27,320 $33,310
2017 $4,312 $57,950 $26,110 $31,840
2016 $4,181 $53,510 $24,110 $29,400
2015 $4,060 $49,430 $22,270 $27,160
2014 $4,129 $49,880 $20,420 $29,460
2013 $4,049 $50,900 $20,840 $30,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11859810

Midwest Real Estate Data (MRED)

APN: 03-29-208-031