NOT LISTED FOR SALE

541 7th Ave La Grange, IL 60525

Estimated Value: $522,000 - $695,000

4 Beds
2 Baths
1,147 Sq Ft
$515/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $427,000 $372 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,725/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Lower Floor Utility Room
  • Seventh Ave Elementary School Rated A
  • Main Floor Bedroom
  • 5-minute walk to Sedgwick Park

About This Home

As of June 2015

Charming brick Cape Cod located in the desirable Sedgwick Park neighborhood of La Grange! This home features HW flrs & solid 6-panel oak doors. Inviting LR w/w/b fireplace, updated kitchen w/granite & peninsula open to DR. Two updated baths & 4 spacious BRs. Lower level FR w/ldy & storage. Amazing 3 season enclosed porch perfect for summer evenings & enjoying the backyard. Convenient to school, parks, town & train.

Last Agent to Sell the Property

Cathy Bier

Coldwell Banker Realty License #475136538 Listed on: 04/29/2015

Coldwell Banker Realty

Last Buyer's Agent

Theresa Hahn

Compass License #475129112

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,225

Year Built

  • 1956

Lot Details

  • Southern Exposure
  • East or West Exposure

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Lower Floor Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Enclosed Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $600 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,225

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X9, On Level: Basement, Flooring: Other
  • Kitchen Type: Dimensions: 17X13, On Level: Main Level, Flooring: Ceramic Tile, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Enclosed Porch, Foyer, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 18X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 4X4, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Enclosed Porch, Dimensions: 16X9, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 15X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Utility Room-Lower Level, Dimensions: 30X16, On Level: Basement, Flooring: Other
  • Bedroom 3: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Family Room: Dimensions: 27X15, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: N (North), S (South), E (East), W (West)

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 204
  • Elementary School: SEVENTH AVE ELEMENTARY SCHOOL
  • Middle School: WM F GURRIE MIDDLE SCHOOL
  • High School: LYONS TWP HIGH SCHOOL
  • Junior High Dist: 105

Lot Info

  • Lot Dimensions: 52 X134
  • Parcel Identification Number: 18092020310000

Tax Info

  • Taxes: 6319.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 30, 2015
Sold by
Gibbons Trey W and Gibbons Katherine S
Bought by
Usadel Gabriel and Christakos Panagiota
Seller's Agent
Cathy Bier
Coldwell Banker Realty
Buyer's Agent
Theresa Hahn
Compass
List Price
$437,500
Sold Price
$427,000
Premium/Discount to List
-$10,500
-2.4%
Current Estimated Value
$590,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,843
Avg. Annual Appreciation
3.20%
Original Mortgage
$384,300
Outstanding Balance
$299,759
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$291,084

Purchase Details

Closed on
Jan 30, 2006
Sold by
Osterland Otto A
Bought by
Gibbons Trey W and Gibbons Katherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 11, 2003
Sold by
Osterland Otto A
Bought by
Osterland Otto A and Eleanore A Osterland Trust 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
Usadel Gabriel $427,000 None Available
Gibbons Trey W $381,500 First American Title
Osterland Otto A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Usadel Gabriel $384,300
Previous Owner Gibbons Trey W $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $427,000 -2.4% $372 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $437,500 -- $381 / 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 $7,225 $33,860 $5,121 $28,739
2023 $6,974 $33,860 $5,121 $28,739
2022 $6,974 $28,257 $4,414 $23,843
2021 $6,719 $28,256 $4,414 $23,842
2020 $6,569 $28,256 $4,414 $23,842
2019 $6,516 $28,145 $4,061 $24,084
2018 $9,270 $39,042 $4,061 $34,981
2017 $9,022 $39,042 $4,061 $34,981
2016 $6,400 $25,907 $3,531 $22,376
2015 $6,274 $25,907 $3,531 $22,376
2014 $6,162 $25,907 $3,531 $22,376
2013 $6,319 $27,284 $3,531 $23,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08906619

Midwest Real Estate Data (MRED)

APN: 18-09-202-031-0000