NOT LISTED FOR SALE

550 E Armitage Ave Addison, IL 60101

Estimated Value: $590,000 - $706,000

4 Beds
3 Baths
2,759 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 14, 2012

Last sale price $317,000 $115 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,528/month

59 Days on Market

Highlights

  • Vaulted Ceiling
  • Whirlpool Bathtub
  • First Floor Utility Room
  • Wood Flooring
  • Loft
  • Formal Dining Room

About This Home

As of May 2012

Meticulously maintained 10-yr old beauty with 4 or 5 bedrooms plus full unfinished basement! 2-story entrance, hardwood floors, loft/office could be 5th bedroom, dressing room in master could have multitude of other uses! Palladium windows, Jacuzzi tub, open floorplan, 1st floor laundry private backyard wooded setting....what more could you ask for? Perhaps a convenient close to everything location? It's all here

Last Agent to Sell the Property

Janet Baier

RE/MAX Liberty License #471001019 Listed on: 02/10/2012

RE/MAX Liberty

Last Buyer's Agent

Margee Gustin

RE/MAX Top Performers License #475140912

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $11,276

Year Built

  • 2001

Lot Details

  • 7,405

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Formal Dining Room
  • Loft
  • First Floor Utility Room
  • Laundry on main level
  • Tandem Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

  • Patio
  • Storage Shed

Utilities

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

Additional Features

  • Southern Exposure
  • Property is near a bus stop

Property Details

Home Type

Other

Est. Annual Taxes

$11,276

Year Built

2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Architectural Style: Traditional
  • Type Detached: 2 Stories
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplaces: 1
  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Equipment: Humidifier, TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 16X14
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 12X11
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 12X10
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 12X10
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 15X12
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 15X11
  • Dining Room Flooring: Carpet
  • Family Room Level: Main Level
  • Family Room Size: 20X15
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler
  • Kitchen Level: Main Level
  • Kitchen Size: 18X15
  • Kitchen Flooring: Hardwood
  • Laundry Level: Main Level
  • Laundry Size: 10X9
  • Laundry Flooring: Ceramic Tile
  • Additional Rooms: Loft, Tandem Room, Utility Room-1st Floor
  • Additional Room 1 Name: Tandem Rm
  • Additional Room 1 Level: 2nd Level
  • Additional Room 1 Size: 13X10
  • Additional Room 1 Flooring: Carpet
  • Additional Room 2 Name: Loft
  • Additional Room 2 Level: 2nd Level
  • Additional Room 2 Size: 13X10
  • Additional Room 2 Flooring: Hardwood
  • Additional Room 3 Name: Utility Room-1st Floor
  • Additional Room 3 Level: Main Level
  • Additional Room 3 Size: 10X9
  • Additional Room 3 Flooring: Ceramic Tile

Exterior Features

  • Roof: Asphalt/Glass (Rolled)
  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Patio, Storage Shed
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete

Utilities

  • Cooling: Central Air
  • Electricity: Circuit Breakers, 200+ Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • Elementary School: FULLERTON ELEMENTARY SCHOOL
  • Middle School: INDIAN TRAIL JUNIOR HIGH SCHOOL
  • High School: ADDISON TRAIL HIGH SCHOOL
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 63 X 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
May 11, 2012
Sold by
Long Alan E and Long Eva M
Bought by
Farooqui Fasih and Farooqui Marya
Seller's Agent
Janet Baier
RE/MAX Liberty
Buyer's Agent
Margee Gustin
RE/MAX Top Performers
List Price
$339,000
Sold Price
$317,000
Premium/Discount to List
-$22,000
-6.49%
Total Days on Market
59
Current Estimated Value
$639,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,061
Avg. Annual Appreciation
5.51%
Original Mortgage
$167,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2001
Sold by
C R C Construction Inc
Bought by
Long Alan E and Long Eva M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.03%

Purchase Details

Closed on
Oct 25, 2000
Sold by
Hoehn Daniel C
Bought by
C R C Construction Inc
Source: Public Records

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
Farooqui Fasih $317,000 None Available
Long Alan E $320,000 --
C R C Construction Inc $80,500 --
C R C Construction Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farooqui Fasih $167,000
Previous Owner Long Eva M $205,387
Previous Owner Long Alan E $234,000
Previous Owner Long Alan E $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2012 05/14/12 Sold $317,000 -6.5% $115 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $339,000 0.0% $123 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
03/12/2012 03/12/12 Price Changed $339,000 -2.9% $123 / Sq Ft
02/10/2012 02/10/12 For Sale $349,000 -- $126 / 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 $11,276 $161,180 $28,260 $132,920
2022 $10,737 $151,790 $26,280 $125,510
2021 $10,295 $145,390 $25,170 $120,220
2020 $10,023 $139,260 $24,110 $115,150
2019 $9,959 $133,900 $23,180 $110,720
2018 $9,584 $124,060 $23,190 $100,870
2017 $9,344 $118,570 $22,160 $96,410
2016 $9,107 $109,470 $20,460 $89,010
2015 $8,893 $101,130 $18,900 $82,230
2014 $8,969 $101,330 $22,280 $79,050
2013 $9,208 $103,390 $22,730 $80,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07993796

Midwest Real Estate Data (MRED)

APN: 03-34-116-005