5428 Fairview Ave Downers Grove, IL 60515
Estimated Value: $488,060 - $517,000
3
Beds
2
Baths
2,083
Sq Ft
$241/Sq Ft
Est. Value
Highlights
- Spa
- Community Lake
- Property is near a park
- Whittier Elementary School Rated A-
- Deck
- Wood Flooring
About This Home
As of May 2023Tucked away in a premium location just steps from all the amenities of saught after Randall Park including Downers Grove Swim & Racquet Club, Patriots Park, Barth Pond and Randall Park with tennis courts, this hidden gem is a must see. Set on a premium 297 foot deep lot, this updated 2-story home does not disappoint. A fooler from the curb, as soon as you turn the corner, you will be pleasantly surprised by the vast open space of the driveway, backyard and spacious home with over 2,000SF of living space including a finsihed walkout basement. An addition in 1997 doubled the size of the house. The 2015 kitchen features all stainless steel JennAir appliances, granite countertops and travertine floors and an adjacent dining room and breakfast nook. Don't miss the attached 2-car garage, the hot tub overlooking the backyard, the Brazilian walnut (IPE) deck perfect for having your morning coffee while enjoying nature, 2 office spaces and a workshop. Exterior siding freshly painted (2022), new tear off roof (2021) and updated primary bath with Kohler BubbleMassage soaker tub (2016). Just a few blocks to multiple Metra train stations and 1.2 miles to all that Downtown Downers Grove has to offer. Located in the highly rated Whittier Elementary and Downers Grove North High School districts, buy with confidence in one of the most sought-after communities in the western suburbs. Randall Park is known for its neighborhood events including the annual holiday luminaria, Easter egg hunt, soap box derby and more. ** Hot tub and washer/dryer are negotiable. ** Welcome Home!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475140619 Listed on: 04/14/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,331
Year Built
- Built in 1916 | Remodeled in 1997
Lot Details
- 0.35
Parking
- 2 Car Attached Garage
- Parking Included in Price
Home Design
- Block Foundation
Interior Spaces
- 2,083 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Breakfast Room
- Combination Kitchen and Dining Room
- Home Office
- Workshop
- Lower Floor Utility Room
- Laundry Room
- Utility Room with Study Area
- Finished Basement
- Walk-Out Basement
Kitchen
- Gas Cooktop
- Range Hood
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Travertine
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Spa
- Deck
- Porch
Schools
- Whittier Elementary School
- Herrick Middle School
- North High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Additional Features
- Lot Dimensions are 52 x 297
- Property is near a park
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Randall Park Subdivision
- Community Lake
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2023
Closed on
May 17, 2023
Sold by
Kompare Gary Charles
Bought by
Chibe Douglas and Chibe Maryjo
Seller's Agent
Samantha Schroeder
@properties Christie's International Real Estate
Buyer's Agent
Edwin Hojnacki
Baird & Warner
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Total Days on Market
6
Views
65
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
$62,765
Avg. Annual Appreciation
6.79%
Original Mortgage
$127,000
Outstanding Balance
$124,074
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$378,691
Purchase Details
Closed on
Apr 3, 1995
Sold by
Kochan Edward and Kochan Roman
Bought by
Kompare Gary Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,642
Interest Rate
8.91%
Mortgage Type
FHA
Similar Homes in Downers Grove, IL
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chibe Douglas | $440,000 | Elevation Title | |
| Kompare Gary Charles | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chibe Douglas | $127,000 | |
| Previous Owner | Kompaze Gary Charles | $182,500 | |
| Previous Owner | Kompare Gary C | $92,000 | |
| Previous Owner | Kompare Gary Charles | $105,000 | |
| Previous Owner | Kompare Gary Charles | $225,000 | |
| Previous Owner | Kompare Gary Charles | $200,000 | |
| Previous Owner | Kompare Gary Charles | $74,642 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/25/2023 05/25/23 | Sold | $440,000 | -2.2% | $211 / Sq Ft |
| 04/21/2023 04/21/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | For Sale | $450,000 | -- | $216 / Sq Ft |
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 | $7,118 | $127,740 | $63,350 | $64,390 |
| 2022 | $6,764 | $120,930 | $59,970 | $60,960 |
| 2021 | $6,331 | $119,560 | $59,290 | $60,270 |
| 2020 | $6,212 | $117,200 | $58,120 | $59,080 |
| 2019 | $6,012 | $112,460 | $55,770 | $56,690 |
| 2018 | $5,514 | $102,470 | $55,500 | $46,970 |
| 2017 | $4,995 | $92,710 | $53,410 | $39,300 |
| 2016 | $4,602 | $83,590 | $50,970 | $32,620 |
| 2015 | $4,543 | $78,640 | $47,950 | $30,690 |
| 2014 | $4,301 | $72,720 | $41,640 | $31,080 |
| 2013 | $4,212 | $72,370 | $41,440 | $30,930 |
Source: Public Records
Agents Affiliated with this Home
-
Samantha Schroeder
Seller's Agent in 2023
Samantha Schroeder
@ Properties
(708) 712-0727
42 in this area
104 Total Sales
-
Edwin Hojnacki
Buyer's Agent in 2023
Edwin Hojnacki
Baird Warner
(630) 235-8017
2 in this area
11 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11755870
APN: 09-08-418-038
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