NOT LISTED FOR SALE

573 S Cedar Ave Elmhurst, IL 60126

Estimated Value: $578,000 - $720,000

4 Beds
3 Baths
2,061 Sq Ft
$319/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $450,000 $218 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,619/month

57 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Double Oven
  • Jefferson Elementary School Rated A
  • Georgian Architecture
  • 5-minute walk to Van Voorst Park

About This Home

As of September 2016

Elmhurst 4 bedroom 2 and 1/2 bath solid brick Georgian walking distance to Jefferson Elementary and steps to the Illinois Prairie Path. Set on a fully fenced in 60 x 160 lot. Open floor plan with many updates including Kitchen in 2011, bathrooms in 2008 and 2012, new roof. Your choice of Bryan or Sandburg Middle School from this location.

Last Listed By

Tom Makinney

Compass License #471010975 Listed on: 06/13/2016

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,299

Year Built

  • 1950

Lot Details

  • 9,583

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Workroom
  • Recreation Room

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

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

Additional Features

  • Deck
  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,299

Year Built

1950

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: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Recreation Room, Workroom
  • Master Bedroom: Dimensions: 19X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 24X19, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Work Rm, Dimensions: 08X06, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2061
  • Dining Room Type: L-shaped

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 205
  • Elementary School: JEFFERSON ELEMENTARY SCHOOL
  • Middle School: SANDBURG MIDDLE SCHOOL
  • High School: YORK COMMUNITY HIGH SCHOOL
  • Junior High Dist: 205
  • Junior High/Middle School #2: BRYAN MIDDLE SCHOOL

Lot Info

  • Lot Dimensions: 60 X 160
  • Parcel Identification Number: 0612405008

Tax Info

  • Taxes: 8918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Sep 9, 2016
Sold by
Luka Steven and Luka Pamela
Bought by
Wang Jian and Zhong Yongfang
Seller's Agent
Tom Makinney
Compass
Buyer's Agent
Debbie Obradovich
@properties Christie's International Real Estate
List Price
$489,900
Sold Price
$450,000
Premium/Discount to List
-$39,900
-8.14%
Total Days on Market
57
Current Estimated Value
$656,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,985
Avg. Annual Appreciation
4.45%
Original Mortgage
$360,000
Outstanding Balance
$292,046
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$364,939

Purchase Details

Closed on
Jan 28, 2005
Sold by
Reddy Gordon M and Reddy Beverly J
Bought by
Luka Steve N and Luka Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Wang Jian $450,000 Fidelity National Title
Luka Steve N $450,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jian $360,000
Previous Owner Luka Steven $336,800
Previous Owner Luka Steven $40,000
Previous Owner Luka Steve $25,000
Previous Owner Luka Steve N $359,650
Previous Owner Reddy Gordon $70,000
Previous Owner Reddy Gordon M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $450,000 -8.1% $218 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $489,900 0.0% $238 / Sq Ft
07/06/2016 07/06/16 Price Changed $489,900 -2.0% $238 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $500,000 -- $243 / 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 $11,299 $194,110 $104,260 $89,850
2022 $10,951 $186,590 $100,210 $86,380
2021 $10,680 $181,950 $97,720 $84,230
2020 $10,268 $177,960 $95,580 $82,380
2019 $10,052 $169,190 $90,870 $78,320
2018 $9,407 $157,850 $86,020 $71,830
2017 $9,202 $150,420 $81,970 $68,450
2016 $9,008 $141,700 $77,220 $64,480
2015 $8,919 $132,010 $71,940 $60,070
2014 $11,048 $149,360 $57,100 $92,260
2013 $10,926 $151,460 $57,900 $93,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09256177

Midwest Real Estate Data (MRED)

APN: 06-12-405-008