NOT LISTED FOR SALE

551 S Edgewood Ave Lombard, IL 60148

North Lombard Neighborhood

Estimated Value: $366,715 - $438,000

3 Beds
1 Bath
1,574 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $229,000 $145 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,598/month

3 Days on Market

Highlights

  • Wooded Lot
  • Mud Room
  • Galley Kitchen
  • Willowbrook High School Rated A
  • Den
  • Attached Garage

About This Home

As of August 2016

Look no further this is the home! Bigger than it looks, make sure to check it out with 1574 square feet plus a sub basement! Great features abound~3 bedrooms, updated bath, living room, family room, den, mud room and storage. Plus wood burning fireplace, deep, attached garage, basement with laundry, work room, storage and toilet that can be expanded into a half or full bath and yard with mature trees and perennial gardens. Nothing to do here but move in as recent updates are~fresh paint, new carpet, drain tiles and new garage door opener installed (2016), flat roof resurfaced (2013), roof replaced with 30 year shingles (2012), furnace and air-conditioner (2005) plus more. Location, location, location fits this home perfectly as it sits a block from Madison Meadow Park, block and a half from Prairie Path, few blocks from Lombard Common with Paradise Bay Water Park. Near downtown Lombard with Metra, retail and dining.

Last Agent to Sell the Property

Paula Schatz

Realty Executives Premier Illinois License #475140304 Listed on: 06/10/2016

Realty Executives Premier Illinois

Last Buyer's Agent

Judy Piekarz-Heitmann

@properties Christie?s International Real Estate License #471003094

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,487

Year Built

  • 1952

Lot Details

  • 9,148

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Mud Room
  • Den
  • Workroom
  • Partially Finished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Wooded Lot
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,487

Year Built

1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1952
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 17X14, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X09, On Level: Basement
  • Kitchen Type: Dimensions: 14X08, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: Den, Workroom, Mud Room
  • Master Bedroom: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Den, Dimensions: 16X10, On Level: Main Level, Flooring: Other, Windows: Curtains/Drapes
  • Additional Room 2 Name: Work Rm, Dimensions: 13X13, On Level: Basement
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Mud, Dimensions: 10X07, On Level: Main Level
  • Bedroom 3: Dimensions: 17X10, On Level: 3rd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1574
  • Family Room: Dimensions: 23X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens
  • Acreage: 0.2145

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 45

Lot Info

  • Lot Dimensions: 53 X 147
  • Lot Description: Wooded
  • Parcel Identification Number: 0608412013

Tax Info

  • Taxes: 5787.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 25, 2016
Sold by
Burns Robert J and Burns Teresa Jo
Bought by
Sherer Scott M and Sherer Patrice M
Seller's Agent
Paula Schatz
Realty Executives Premier Illinois
Buyer's Agent
Judy Piekarz-Heitmann
@properties Christie?s International Real Estate
List Price
$229,000
Sold Price
$229,000
Current Estimated Value
$392,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,929
Avg. Annual Appreciation
6.05%
Original Mortgage
$197,395
Outstanding Balance
$157,367
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$235,562

Purchase Details

Closed on
Dec 10, 1999
Sold by
Lange La Verne R and Trust #1
Bought by
Burns Robert J and Vandenack Teresa Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.87%
Source: Public Records

Range of Values:

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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
Sherer Scott M $229,000 Fidelity National Title
Burns Robert J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherer Scott M $197,395
Previous Owner Burns Robert J $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2016 08/23/16 Sold $229,000 0.0% $145 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $229,000 -- $145 / 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
2024 $6,487 $96,094 $24,040 $72,054
2023 $6,174 $88,860 $22,230 $66,630
2022 $5,996 $85,410 $21,360 $64,050
2021 $5,790 $83,290 $20,830 $62,460
2020 $5,667 $81,460 $20,370 $61,090
2019 $5,330 $77,450 $19,370 $58,080
2018 $6,319 $86,590 $21,390 $65,200
2017 $6,160 $82,510 $20,380 $62,130
2016 $6,077 $77,730 $19,200 $58,530
2015 $5,788 $72,420 $17,890 $54,530
2014 $6,450 $79,620 $22,280 $57,340
2013 $6,352 $80,740 $22,590 $58,150
Source: Public Records

Agents Affiliated with this Home

  • Paula Schatz

    Seller's Agent in 2016

    Paula Schatz

    Realty Executives

    (630) 251-5155

    5 in this area

    165 Total Sales

    Paula Schatz
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09253872

Midwest Real Estate Data (MRED)

APN: 06-08-412-013

Illinois DuPage County Lombard 60148 North Lombard

551 S Edgewood Ave, Lombard, IL

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