NOT LISTED FOR SALE

5431 Florence Ave Downers Grove, IL 60515

Estimated Value: $467,125

3 Beds
2 Baths
1,935 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $425,000 $220 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,145/month

3 Days on Market

Highlights

  • Property is near a park
  • Ranch Style House
  • 2 Car Detached Garage
  • Whittier Elementary School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of January 2024

Location Location Location! This beautifully updated ranch is located in top rated Downers Grove North school District and just minutes from the Fairview & Main Street train stations. Boasting four bedrooms and two baths, with a fully finished basement, this home presents a remarkable layout perfect for a growing family or hosting guests. On the upper level, discover three inviting bedrooms alongside a beautifully modernized kitchen featuring an eat-in area, perfect for cozy meals. The lower level is a haven of relaxation and entertainment, showcasing a remodeled basement complete with a bar, an inviting lounge area, and an exquisite master bedroom featuring a spacious walk-in closet. This house offers the ideal blend of modern style and practicality. Outdoors you can enjoy your private fenced in yard, perfect for gatherings. Just across the street you have Patriot's Park! Don't wait to check this one out.

Last Listed By

Robert Brannigan

@properties Christie's International Real Estate License #475164040 Listed on: 11/08/2023

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,183

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x127
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 1,935 Sq Ft Home
  • Combination Dining and Living Room
  • Wood Flooring
  • Storm Screens
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Basement Window Egress

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Schools

  • Whittier Elementary School
  • Herrick Middle School
  • North High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,183

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 873
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1935
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1935
  • Basement Description: Partially Finished,Egress Window
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1062
  • Basement Sq Ft: 873
  • Total Sq Ft: 1935
  • Main Level Sq Ft: 1062
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • List Price: 425000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Whittier 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: 0.18
  • Lot Dimensions: 65X127
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6183
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2023
Sold by
Schutt Tyler J and Schutt Danielle S
Bought by
Dewald Julius and Dewald Christine Joelle
Total Days on Market
3
Current Estimated Value
$467,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2021
Closed on
Dec 14, 2021
Sold by
Ames Dustin L and Ames Stefine Nicole
Bought by
Schutt Tyler J and Schutt Danielle S
Seller's Agent
Kim Heller
Baird & Warner
Buyer's Agent
Robert Brannigan
@properties Christie's International Real Estate
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$240,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2015
Closed on
Jul 15, 2015
Sold by
Ponstein Dennis J and Ponstein Susan K
Bought by
Ames Dustin L
Seller's Agent
Joan Wayman
Joan Wayman
Buyer's Agent
Kim Heller
Baird & Warner
List Price
$294,500
Sold Price
$275,000
Premium/Discount to List
-$19,500
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$220,000
Interest Rate
3.87%
Mortgage Type
New Conventional

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
Dewald Julius $425,000 None Listed On Document
Schutt Tyler J $360,000 Stewart Title
Ames Dustin L $275,000 Midwest Title & Appraisal Sv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dewald Julius $340,000
Previous Owner Schutt Tyler J $240,000
Previous Owner Ames Dustin L $238,000
Previous Owner Ames Dustin L $220,000
Previous Owner Ponstein Dennis J $75,000
Previous Owner Ponstein Dennis J $43,675
Previous Owner Ponstein Dennis J $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $425,000 0.0% $220 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $425,000 +18.1% $220 / Sq Ft
01/07/2022 01/07/22 Sold $360,000 -4.0% $339 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/06/2021 11/06/21 For Sale $375,000 +36.4% $353 / Sq Ft
07/15/2015 07/15/15 Sold $275,000 -3.4% $259 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
05/07/2015 05/07/15 Price Changed $284,750 -1.5% $268 / Sq Ft
04/09/2015 04/09/15 Price Changed $289,000 -1.9% $272 / Sq Ft
03/19/2015 03/19/15 For Sale $294,500 -- $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
2023 $6,368 $117,960 $61,960 $56,000
2022 $6,183 $113,880 $59,810 $54,070
2021 $5,785 $112,580 $59,130 $53,450
2020 $5,821 $110,200 $57,960 $52,240
2019 $5,632 $105,730 $55,610 $50,120
2018 $5,373 $100,010 $55,450 $44,560
2017 $5,199 $96,240 $53,360 $42,880
2016 $5,091 $91,850 $50,930 $40,920
2015 $4,736 $81,730 $47,920 $33,810
2014 $4,735 $79,460 $46,590 $32,870
2013 $4,638 $79,090 $46,370 $32,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11926037

Midwest Real Estate Data (MRED)

APN: 09-09-315-003