541 N Myrtle Ave Elmhurst, IL 60126
Estimated Value: $471,000 - $1,382,000
5
Beds
5
Baths
3,541
Sq Ft
$308/Sq Ft
Est. Value
Highlights
- New Construction
- 3 Car Attached Garage
- Laundry in multiple locations
- Emerson Elementary School Rated A
- Entrance Foyer
- Central Air
About This Home
As of March 2024JUST COMPLETED!! Welcome to this stunning new construction home just completed in the Berens Park East neighborhood of Elmhurst! This magnificent home boasts 5 bedrooms and 5 bathrooms, offering ample space for you and your loved ones. As you step inside, you'll be captivated by the open floor plan with high ceilings throughout, perfect for entertaining. This one of a kind kitchen features custom cabinetry, top of the line Thermador appliances, custom shelving with undermount lighting and quartz countertops making it perfect for creating culinary masterpieces. The butler's pantry adds an extra touch of elegance, providing additional storage and serving space. From your kitchen enjoy family time in your spacious living room with an elegant fireplace. The white oak wide plank hardwood floors throughout the home add a touch of warmth and sophistication to every room. The master suite is second to none with vaulted ceilings, two walk in closets, bathroom with double vanities and a makeup station along with a walk in shower and bathtub. The private balcony off the master suite allows you to enjoy your morning coffee or unwind in the evening with a glass of wine. With a three car garage, parking will never be an issue, and the expansive backyard offers endless possibilities for outdoor activities and relaxation. The large unfinished basement provides you with the opportunity to create your own personalized space. Whether you envision a home theater, a fitness area, or a playroom, this basement offers the flexibility to fulfill your unique needs. Don't miss the opportunity to make this brand new home yours. Schedule a showing today and experience the epitome of modern elegance and comfort.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,007
Year Built
- Built in 2023 | New Construction
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 65x150
Parking
- 3 Car Attached Garage
- Driveway
- Parking Space is Owned
Interior Spaces
- 3,541 Sq Ft Home
- 2-Story Property
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in multiple locations
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 5 Full Bathrooms
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2024
Closed on
Mar 11, 2024
Sold by
Tek Development Llc
Bought by
Cutshaw Chris and Cutshaw Jordan
Seller's Agent
Kyle Evans
Compass
Buyer's Agent
Nick Oosting
Listing Leaders Northwest
List Price
$1,295,000
Sold Price
$1,215,000
Premium/Discount to List
-$80,000
-6.18%
Total Days on Market
17
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,208
Avg. Annual Appreciation
-8.80%
Original Mortgage
$766,550
Outstanding Balance
$757,243
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$332,549
Purchase Details
Listed on
Oct 23, 2020
Closed on
Jan 15, 2021
Sold by
D R Horton Inc
Bought by
Tek Development Llc
Seller's Agent
Daynae Gaudio
Daynae Gaudio
Buyer's Agent
Kyle Evans
Compass
List Price
$265,000
Sold Price
$235,000
Premium/Discount to List
-$30,000
-11.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.19%
Original Mortgage
$685,750
Interest Rate
2.71%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Elmhurst, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cutshaw Chris | $1,215,000 | First American Title | |
| Tek Development Llc | $470,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cutshaw Chris | $766,550 | |
| Previous Owner | Tek Development Llc | $685,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $1,215,000 | -6.2% | $343 / Sq Ft |
| 02/11/2024 02/11/24 | Pending | -- | -- | -- |
| 01/24/2024 01/24/24 | For Sale | $1,295,000 | +451.1% | $366 / Sq Ft |
| 01/15/2021 01/15/21 | Sold | $235,000 | -11.3% | -- |
| 11/25/2020 11/25/20 | Pending | -- | -- | -- |
| 10/23/2020 10/23/20 | For Sale | $265,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,288 | $118,090 | $68,360 | $49,730 |
| 2022 | $4,007 | $65,410 | $65,410 | $0 |
| 2021 | $3,843 | $62,650 | $62,650 | $0 |
| 2020 | $3,623 | $60,010 | $60,010 | $0 |
| 2019 | $3,592 | $57,700 | $57,700 | $0 |
| 2018 | $3,442 | $54,950 | $54,950 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Evans
Seller's Agent in 2024
Kyle Evans
Compass
(331) 401-4705
5 in this area
50 Total Sales
-
Nick Oosting
Buyer's Agent in 2024
Nick Oosting
Listing Leaders Northwest
(630) 284-9624
1 in this area
203 Total Sales
-
D
Seller's Agent in 2021
Daynae Gaudio
Daynae Gaudio
(847) 787-9320
2 in this area
1,538 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11966834
APN: 03-35-211-042
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