NOT LISTED FOR SALE

554 E Park Ave Elmhurst, IL 60126

Estimated Value: $563,000 - $678,000

3 Beds
2.5 Baths
1,444 Sq Ft
$421/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $485,000 $336 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,972/month

63 Days on Market

Highlights

  • 1 Car Attached Garage
  • Living Room
  • 1-Story Property
  • Edison Elementary School Rated A
  • Laundry Room
  • Central Air

About This Home

As of August 2023

UPDATED BRYNHAVEN RANCH IN SOUGHT AFTER LOCATION WITH CLOSE ACCESS TO DOWNTOWN ELMHURST, TRAIN AND SCHOOLS. SUNNY AND BRIGHT FIRST FLOOR FAMILY ROOM THAT OPENS TO THE PRIVATE FENCED-IN BACKYARD WITH A TWO-TIERED DECK & CONCRETE PATIO. OPEN FLOOR PLAN ON 1ST FLOOR, UPDATED KITCHEN WITH GRANITE COUNTERTOPS AND STAINLESS STEEL APPLIANCES. NEW CARPET IN FAMILY ROOM IN 2020. NOTE FORMAL LIVING ROOM CURRENTLY BEING UTILIZED AS A DINING ROOM. FINISHED BASEMENT W/ RECREATION ROOM, BEDROOM AND A FULL BATHROOM. SHARP AND METICULOUSLY MAINTAINED. Currently tenant occupied until June 30, 2023.

Last Agent to Sell the Property

AnnMarie Siriano

Gr8 Property Management & Real Estate License #471022667 Listed on: 04/23/2023

Last Buyer's Agent

Susan Nagel

L.W. Reedy Real Estate License #471007478

L.W. Reedy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,877

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 65x112

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms

Finished Basement

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

Schools

  • Edison Elementary School
  • Sandburg Middle School
  • York Community High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,877

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • 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
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 915
  • LivingArea: 1444
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2359
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 1444
  • Basement Sq Ft: 915
  • Total Sq Ft: 2359
  • Main Level Sq Ft: 1444
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 499900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • 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

  • Elementary School: Edison Elementary School
  • High School: York Community High School
  • Middle/Junior School: Sandburg Middle School
  • Middle/Junior School District: 205

Lot Info

  • Lot Dimensions: 65X112
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6877.2
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 14, 2020
Sold by
Judge Robert M and Judge Tracy
Bought by
Harris Shawn and Harris Katherine
Seller's Agent
Rick Williams
Kale Realty
Buyer's Agent
Yvonne Despinich
@properties Christie's International Real Estate
List Price
$419,900
Sold Price
$420,900
Premium/Discount to List
$1,000
0.24%
Current Estimated Value
$607,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,723
Avg. Annual Appreciation
5.30%
Original Mortgage
$399,855
Outstanding Balance
$358,665
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$189,232

Purchase Details

Closed on
Apr 28, 2015
Sold by
Judge Robert M and Judge Tracy
Bought by
Judge Robert M and Judge Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 15, 2003
Sold by
Heffley Noel Ken and Heffley Mary E
Bought by
Judge Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2001
Sold by
Rogers Joy A
Bought by
Heffley N Ken and Heffley Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.05%
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
Harris Shawn $421,000 Attorney
Judge Robert M -- Attorney
Judge Robert M $305,000 Stewart Title Company
Heffley N Ken $243,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Shawn $399,855
Previous Owner Judge Robert M $208,000
Previous Owner Judge Robert M $170,000
Previous Owner Heffley N Ken $120,000
Closed Heffley N Ken $98,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $485,000 -3.0% $336 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $499,900 0.0% $346 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $499,900 -4.8% $346 / Sq Ft
04/23/2023 04/23/23 For Sale $525,000 0.0% $364 / Sq Ft
07/19/2021 07/19/21 Rented -- -- --
05/23/2021 05/23/21 Under Contract -- -- --
05/23/2021 05/23/21 For Rent $3,200 0.0% --
05/19/2021 05/19/21 Off Market $3,200 -- --
05/14/2021 05/14/21 For Rent $3,200 0.0% --
08/17/2020 08/17/20 Sold $420,900 +0.2% $291 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $419,900 -- $291 / 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 $9,002 $157,365 $85,495 $71,870
2023 $8,349 $145,520 $79,060 $66,460
2022 $7,055 $122,340 $75,990 $46,350
2021 $6,877 $119,300 $74,100 $45,200
2020 $6,609 $116,690 $72,480 $44,210
2019 $6,464 $110,940 $68,910 $42,030
2018 $6,464 $110,340 $65,220 $45,120
2017 $6,317 $105,150 $62,150 $43,000
2016 $6,177 $99,060 $58,550 $40,510
2015 $6,107 $92,290 $54,550 $37,740
2014 $7,203 $99,470 $43,310 $56,160
2013 $7,126 $100,870 $43,920 $56,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11765983

Midwest Real Estate Data (MRED)

APN: 06-01-411-053