NOT LISTED FOR SALE

550 N Central Ave Addison, IL 60101

Estimated Value: $526,000 - $781,000

5 Beds
3 Baths
3,100 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $495,000 $160 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,444/month

17 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Fenced Yard
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Attached Garage

About This Home

As of October 2018

New remodel from top to bottom. Modern home with open floor plan with 4/5 oversized bedrms, 3 full bths, generous living space on a large lot with lots of mature trees and a brick paver driveway. You'll enjoy a perfect setting for relaxing and entertaining. Hand scraped solid hardwood floors thru-out entire house and plenty of natural light flow throughout the home's open, airy layout. Other special highlights include recessed lighting and ceiling fans in every bedroom, marble master bathroom with oversized walk-in shower, extra large walk-in closet. Oversized hallway, top of the line 95% high-efficiency Trane furnace, spray foam insulation and much more. Sliding door that leads out to the rear deck. The gourmet kitchen will inspire your inner chef with its marble counters, center island with seating, tons of kitchen cabinets, Samsung stainless steel appliances. The first-floor office or bedroom for inlaws/guest.

Last Agent to Sell the Property

Chris Rosenburg

United Real Estate - Chicago License #475120234 Listed on: 09/05/2018

United Real Estate - Chicago

Last Buyer's Agent

Rachael Real

Independent Property Consultants License #471019605

Home Details

Home Type

  • Single Family

Year Renovated

  • 2018

Lot Details

  • Fenced Yard
  • Wooded Lot

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonite

Interior Spaces

  • Vaulted Ceiling
  • Wood Flooring
  • Crawl Space
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Utilities

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

Home Details

Home Type

Single Family

Year Renovated

2018

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2018
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 2nd Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X19, On Level: Main Level, Flooring: Hardwood
  • Equipment: Ceiling Fan, Sump Pump
  • Basement: Crawl
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 8X10, On Level: 2nd Level, Flooring: Porcelain Tile
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X28, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 20X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 16X15, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3100

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick, Masonite
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.2741

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 2

Lot Info

  • Lot Dimensions: 98X123
  • Lot Description: Fenced Yard, Wooded, Rear of Lot
  • Parcel Identification Number: 0322311006

Tax Info

  • Taxes: 4339

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 25, 2018
Sold by
Treehouse Rehab Llc 4N206 Series
Bought by
Drury Rodney and Tashchyan Lusine
Seller's Agent
Chris Rosenburg
United Real Estate - Chicago
Buyer's Agent
Rachael Real
Independent Property Consultants
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%
Current Estimated Value
$654,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,651
Avg. Annual Appreciation
3.86%
Original Mortgage
$372,099
Outstanding Balance
$325,977
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$328,674

Purchase Details

Closed on
Jun 30, 2017
Sold by
Aguirre Joaquin
Bought by
Treehouse Rehab Llc 4N206 Series

Purchase Details

Closed on
Jun 7, 2017
Sold by
Fannie Mae
Bought by
Aguirre Joaquin

Purchase Details

Closed on
Jan 25, 2017
Sold by
Akrivos Hoare Vasilike B and Hoare Raul A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 10, 2000
Sold by
Hondros Stewart C and Hondros Alina
Bought by
Hoare Raul and Akrivos Hoare Vasilike B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1999
Sold by
Weldon Craig and Weldon Stella
Bought by
Hondros Stewart C and Hondros Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1999
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Weldon Craig and Weldon Stella
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Drury Rodney $495,000 Attorneys Title Guaranty Fun
Treehouse Rehab Llc 4N206 Series -- Attorney
Aguirre Joaquin -- First American Title
Federal National Mortgage Association -- None Available
Hoare Raul $182,500 First American Title Ins
Hondros Stewart C $170,000 First American Title Ins
Weldon Craig $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drury Rodney $372,099
Previous Owner Hoare Raul $164,000
Previous Owner Hondros Stewart C $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $495,000 -1.0% $160 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $499,900 -- $161 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $12,451 $184,654 $64,028 $120,626
2023 $11,907 $169,750 $58,860 $110,890
2022 $12,106 $170,380 $58,580 $111,800
2021 $11,610 $163,200 $56,110 $107,090
2020 $11,306 $156,320 $53,740 $102,580
2019 $11,237 $150,300 $51,670 $98,630
2018 $6,432 $79,230 $49,190 $30,040
2017 $4,339 $55,060 $47,010 $8,050
2016 $4,939 $69,910 $43,400 $26,510
2015 $4,864 $64,580 $40,090 $24,490
2014 $4,725 $62,020 $39,280 $22,740
2013 $4,633 $63,280 $40,080 $23,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10073403

Midwest Real Estate Data (MRED)

APN: 03-22-311-006

Your Personal Tour Guide

Ask me questions while you tour the home.