NOT LISTED FOR SALE

5424 Maplewood Place Downers Grove, IL 60515

Estimated Value: $1,238,285 - $1,308,000

4 Beds
4.5 Baths
3,500 Sq Ft
$365/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $900,000 $257 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,283/month

12 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Whirlpool Bathtub
  • Hillcrest Elementary School Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of July 2021

Rarely available wooded cul-de-sac location within blocks to downtown Downers Grove, Commuter's dream! Sitting on .3 acre, the home is 3500 sft plus finished walkout basement was built for entertaining. Gorgeous entryway with sweeping staircase and refinished hardwoods, fresh paint throughout home, kitchen with island is open to family room with gas FP and built-ins, has Kitchenaid appliance package, walk-in pantry and tons of cabinets. First floor den with built-ins, formal dining room and living room, all with crown molding. Huge master bedroom with his/ her closets and with french doors leading to luxury limestone floored bath with whirlpool tub, separate shower, his/ her vanities, and separate WC. Three other bedrooms including Jack-n-Jill bathroom, all with walk-in closets. Custom laminate closets throughout home. Basement is finished with awesome play area for kids, hockey rink, theater room with bar, full bath, workout room, and additional finished storage room (currently used as 2nd home office). First floor mud room/ laundry offers great storage with cubbies and direct access to yard. Deck, patio, front porch, and 3 CAR GARAGE complete the package. This home was built for entertaining, and there is plenty of space for work-from-home. Cannot beat the location just 1/2 mile to downtown Downers Grove with its fabulous restaurants. Freshly painted, new tile flooring in laundry room, newly refinished hardwood floors, and new carpet in basement and bedrooms. Built-in speakers throughout home. Top rated DG schools including DG North high school. Will not last long, simply move in!

Last Agent to Sell the Property

Susan Hoerster

L.W. Reedy Real Estate License #475128127 Listed on: 05/19/2021

L.W. Reedy Real Estate

Last Buyer's Agent

Rick Williams

Kale Realty License #471016511

Kale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,963

Year Built

  • Built in 2003

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 50 x 171 x 141 x 120
  • Cul-De-Sac
  • Fenced Yard

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • French Doors
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Hillcrest Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,963

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Basement: Full, Walkout
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • LivingArea: 3500
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area, Recreation Room, Game Room, Exercise Room, Office, Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Door Features: French Doors

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch
  • List Price: 935000
  • Lot Features: Cul-De-Sac, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick,Fiber Cement

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air, 2+ Sep Heating Systems
  • Laundry Features: Sink
  • Water Source: Lake Michigan, Public

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

  • Elementary School: Hillcrest Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2847
  • Lot Dimensions: 50 X 171 X 141 X 120
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 14963
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 29, 2021
Sold by
Drennan Stacey A and Lindemann John
Bought by
Massey Allison Lea and Chhabra Pankaj
Seller's Agent
Susan Hoerster
L.W. Reedy Real Estate
Buyer's Agent
Rick Williams
Kale Realty
List Price
$968,900
Sold Price
$900,000
Premium/Discount to List
-$68,900
-7.11%
Current Estimated Value
$1,277,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,321
Avg. Annual Appreciation
6.43%
Original Mortgage
$720,000
Outstanding Balance
$658,956
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$513,348

Purchase Details

Closed on
Jul 18, 2003
Sold by
Balsamo Olson & Lewis Ltd
Bought by
Lindemann John and Drennan Stacey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Massey Allison Lea $900,000 Attorneys Ttl Guaranty Fund
Lindemann John $690,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massey Allison Lea $720,000
Previous Owner Lindemann John $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $900,000 -3.7% $257 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $935,000 -3.5% $267 / Sq Ft
05/19/2021 05/19/21 For Sale $968,900 -- $277 / 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 $18,127 $324,622 $83,946 $240,676
2023 $17,263 $298,420 $77,170 $221,250
2022 $16,277 $282,570 $73,070 $209,500
2021 $15,239 $279,360 $72,240 $207,120
2020 $14,963 $273,830 $70,810 $203,020
2019 $14,500 $262,740 $67,940 $194,800
2018 $14,662 $262,530 $67,550 $194,980
2017 $14,208 $252,620 $65,000 $187,620
2016 $13,942 $241,090 $62,030 $179,060
2015 $13,012 $214,420 $58,340 $156,080
2014 $12,645 $202,470 $57,330 $145,140
2013 $12,388 $201,520 $57,060 $144,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11086004

Midwest Real Estate Data (MRED)

APN: 09-08-311-031