NOT LISTED FOR SALE

5416 Lee Ave Downers Grove, IL 60515

Estimated Value: $1,216,024 - $1,440,000

4 Beds
4 Baths
4,248 Sq Ft
$319/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $835,000 $197 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,698/month

4 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Traditional Architecture
  • Hillcrest Elementary School Rated A-
  • Recreation Room
  • 4-minute walk to Memorial Park

About This Home

As of December 2015

LOVELY HOME ON BEAUTIFUL 112x182 LOT. STUNNING HEATED SUN ROOM TO ENJOY PEACEFUL BACKYARD. TRUE GOURMET KITCHEN W/VIKING STOVE, SUBZERO, GRANITE & WET BAR. ALL BRICK W/WOOD SHAKE ROOF. THIS HOME HAS BEEN SO WELL MAINTAINED AND CARED FOR. SPACIOUS AND OPEN FIRST FLOOR, LOTS OF HARDWOOD. BEAUTIFUL FINISHED BASEMENT W/COMPLETE BAR/MEDIA/EXERCISE & GAME ROOM. 3 CAR SIDE LOAD HEATED GARAGE. PAVER DRIVEWAY AND WALKWAY.

Last Agent to Sell the Property

Patti Michels

Compass License #475141453 Listed on: 11/07/2015

Compass

Last Buyer's Agent

Kora Walter

MK Real Estate Group, LLC License #471008251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,156

Year Built

  • 1999

Lot Details

  • East or West Exposure
  • Landscaped Professionally

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Gas Log Fireplace
  • Sitting Room
  • Dining Area
  • Workroom
  • Recreation Room
  • Game Room
  • Heated Sun or Florida Room
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,156

Year Built

1999

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 15
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 13X7, On Level: Main Level, Windows: None
  • Dining Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: Eating Area, Exercise Room, Game Room, Recreation Room, Sitting Room, Sun/Florida Room Heated, Workroom
  • Master Bedroom: Dimensions: 17X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 2 Name: Recreation Rm, Dimensions: 19X18, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Game Rm, Dimensions: 12X12, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Sitting, Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Work Rm, Dimensions: 13X6, On Level: Basement, Flooring: Carpet, Windows: None
  • Additional Room 6 Name: Sun/Florida Room Heated, Dimensions: 16X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Room 7 Name: Bar, Dimensions: 13X7, On Level: Basement, Flooring: Wood Laminate, Windows: Blinds
  • Additional Room 8 Name: Exercise Rm, Dimensions: 15X13, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 4248
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X16, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Deck
  • Exposure: E (East)
  • Acreage: 0.4606

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Brick
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 99
  • Elementary School: HILLCREST ELEMENTARY SCHOOL
  • Middle School: HERRICK MIDDLE SCHOOL
  • High School: NORTH HIGH SCHOOL
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 112X182
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 0907305021

Tax Info

  • Taxes: 14483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2015
Closed on
Dec 10, 2015
Sold by
Demmert William J and Demmert Patricia J
Bought by
Hayward Laurence
Seller's Agent
Patti Michels
Compass
Buyer's Agent
Kora Walter
MK Real Estate Group, LLC
List Price
$860,000
Sold Price
$835,000
Premium/Discount to List
-$25,000
-2.91%
Current Estimated Value
$1,355,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,256
Avg. Annual Appreciation
5.05%
Original Mortgage
$467,000
Outstanding Balance
$369,440
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$985,816

Purchase Details

Closed on
Sep 14, 1999
Sold by
Sns Construction Inc
Bought by
Demmert William J and Demmert Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
7.93%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Hayward Laurence $835,000 Midwest Title & Appraisal Sv
Demmert William J $759,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayward Laurence $467,000
Previous Owner Demmert William J $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2015 12/17/15 Sold $835,000 -2.9% $197 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
11/07/2015 11/07/15 For Sale $860,000 -- $202 / 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 $18,156 $317,137 $110,270 $206,867
2023 $17,330 $291,540 $101,370 $190,170
2022 $16,248 $276,070 $95,990 $180,080
2021 $15,215 $272,930 $94,900 $178,030
2020 $14,945 $267,520 $93,020 $174,500
2019 $14,496 $256,680 $89,250 $167,430
2018 $15,598 $272,920 $98,650 $174,270
2017 $15,130 $262,630 $94,930 $167,700
2016 $14,865 $250,650 $90,600 $160,050
2015 $14,749 $235,820 $85,240 $150,580
2014 $14,780 $229,290 $82,880 $146,410
2013 $14,483 $228,210 $82,490 $145,720
Source: Public Records

Agents Affiliated with this Home

  • Patti Michels

    Seller's Agent in 2015

    Patti Michels

    Compass

    (630) 638-8632

    70 in this area

    130 Total Sales

    Patti Michels
    Section Image

  • K

    Buyer's Agent in 2015

    Kora Walter

    MK Real Estate Group, LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09081914

Midwest Real Estate Data (MRED)

APN: 09-07-305-021

Illinois DuPage County Downers Grove 60515

5416 Lee Ave, Downers Grove, IL

This home is located at 5416 Lee Ave, Downers Grove, IL 60515 since 07 November 2015 and is currently estimated at $1,355,256, approximately $319 per square foot. This property was built in 1999. 5416 Lee Ave is a home located in DuPage County with nearby schools including Hillcrest Elementary School, Herrick Middle School, and Downer Grove North High School.

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