NOT LISTED FOR SALE

547 N Myrtle Ave Elmhurst, IL 60126

Estimated Value: $429,000 - $1,530,000

4 Beds
4.5 Baths
3,439 Sq Ft
$337/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $1,450,000 $422 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $6,762/month

271 Days on Market

Highlights

  • New Construction
  • Recreation Room
  • Wine Refrigerator
  • Emerson Elementary School Rated A
  • Mud Room
  • Formal Dining Room

About This Home

As of June 2024

Multiple offers received. Highest and Best by 2pm 4/18/24. Extraordinary opportunity to own this magnificent 3 car garage New Construction Home on an 80x150 sized lot. Built by a reputable builder with 25+ years building in the beautiful community of Elmhurst. Blocks away from Beautiful Berens Park, award winning school district 205 schools, center of town and train station. Luxury living at its best! Huge back yard and an approximate 25 Ft SIDE YARD. Perfect spot to install an in-ground pool! The property encompasses 5 bedrooms and 5 baths. The main level welcomes you with an open floor plan with hardwood floors, beautiful, coffered ceilings, detailed millwork and wainscotting. Each detailed room seemingly flows into one another. A separate dining room and formal living room that can be converted to an in-home office area to suit your needs. The gourmet kitchen offers a large island with seating, custom cabinetry, high end appliances with an adjoining bar area and spacious walk-in butler's pantry. A patio door off the kitchen leads out to a sprawling and expansive back yard with a patio. An extensive mud room that offers plenty of storage cubbies adjacent to garage. The family room with a fireplace makes this room a perfect spot for unwinding. The master bedroom with hardwood floors, a spacious beautiful spa bathroom and walk in his and her closets will not disappoint. Additional 3 spacious bedrooms on upper level. Bedroom 2 is ensuite and bedrooms 3 and 4 share a Jack and Jill bath. The full finished basement offers a 5th bedroom, full bath, a well-appointed wet bar, a generously sized recreational area that friends and family will enjoy and 2 storage areas. Still time to add your touches by choosing cabinets, appliances, lighting, tiles, color palette and more. Other locations available.

Last Listed By

Maria Verbena

L.W. Reedy Real Estate License #475200532 Listed on: 07/21/2023

L.W. Reedy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,057

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 80x150

Parking

  • 3 Car Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 3,439 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Entrance Foyer
  • Formal Dining Room
  • Recreation Room
  • Storage Room

Kitchen

  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,057

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Year Built: 2023
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • 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: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Cooktop, Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1372
  • LivingArea: 3439
  • Room Type: Bedroom 5, Recreation Room, Foyer, Mud Room, Storage
  • Estimated Total Finished Sq Ft: 4811
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 3439
  • Basement Sq Ft: 1372
  • Total Sq Ft: 4811
  • Upper Level Sq Ft: 1880
  • Main Level Sq Ft: 1559
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 1450000
  • Waterfront: No
  • Exterior Building Type: Fiber Cement

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 205

Lot Info

  • Lot Dimensions: 80X150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Jun 14, 2024
Sold by
Mcsheain Inc
Bought by
Duncan Craig and Cobarrabias Yvette
Seller's Agent
Maria Verbena
L.W. Reedy Real Estate
Buyer's Agent
Paul Frischer
Berkshire Hathaway HomeServices Chicago
List Price
$1,450,000
Sold Price
$1,450,000
Total Days on Market
271
Views
258
Current Estimated Value
$1,158,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$291,337
Avg. Annual Appreciation
-22.50%
Original Mortgage
$1,087,500
Outstanding Balance
$1,079,001
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$79,662

Purchase Details

Closed on
Apr 24, 2023
Sold by
Trust Number 1981
Bought by
Mcshealn Inc

Purchase Details

Listed on
Aug 3, 2021
Closed on
Aug 31, 2021
Sold by
Kustak Lovie Ann and Lovie Ann Kustak Revocable Tru
Bought by
Oxford Bank & Trust
Seller's Agent
Mary Beth Ryan
L.W. Reedy Real Estate
Buyer's Agent
Kevin Connell
L.W. Reedy Real Estate
List Price
$275,000
Sold Price
$246,000
Premium/Discount to List
-$29,000
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.37%

Purchase Details

Closed on
Nov 6, 2015
Sold by
Kustak Lovie
Bought by
Kustak Lovie Ann and Lovie Ann Kustak Revocable Trust

Purchase Details

Closed on
Jul 3, 2003
Sold by
Coletaylor Bank
Bought by
Kustak Lovie

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
Duncan Craig $1,450,000 Fidelity National Title
Mcshealn Inc $355,000 Greater Illinois Title
Oxford Bank & Trust $246,000 Attorneys Ttl Guaranty Fund
Kustak Lovie Ann -- First American Title Ins Co
Kustak Lovie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Craig $1,087,500
Previous Owner Harris Trust & Savings Bank $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $1,450,000 0.0% $422 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
07/21/2023 07/21/23 For Sale $1,450,000 +489.4% $422 / Sq Ft
08/31/2021 08/31/21 Sold $246,000 -10.5% $160 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $275,000 -- $179 / 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 $4,057 $65,730 $65,730 $0
2022 $3,640 $65,430 $65,420 $10
2021 $6,994 $127,030 $62,650 $64,380
2020 $6,561 $121,680 $60,010 $61,670
2019 $6,475 $117,000 $57,700 $59,300
2018 $6,008 $108,930 $54,960 $53,970
2017 $3,880 $104,110 $52,530 $51,580
2016 $4,044 $96,120 $48,500 $47,620
2015 $4,312 $88,790 $44,800 $43,990
2014 $4,691 $73,250 $36,960 $36,290
2013 $4,685 $74,740 $37,710 $37,030
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11838766

Midwest Real Estate Data (MRED)

APN: 03-35-211-002