NOT LISTED FOR SALE

575 W Fay Ave Elmhurst, IL 60126

Estimated Value: $551,000 - $645,000

4 Beds
2 Baths
550 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $450,000 $818 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,747/month

Highlights

  • Deck
  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Emerson Elementary School Rated A
  • Wood Flooring
  • 3 Car Detached Garage

About This Home

As of August 2021

3+ bedroom split level home with new 3 car garage, custom shed and sub basement. Bathrooms and kitchen updated in 2017. Kitchen has paneled appliances. New hardwood floors in kitchen, living room and bedroom. Vaulted ceiling with skylights, crown molding and new staircase. Below grade office/4th bedroom, freshly painted. Sub basement has laundry facility. Nicely landscaped, cedar fence, large deck, large driveway. Forest preserve across street, low taxes, 3 blocks to Berens Park. Move in ready. Agent related to owner.

Last Agent to Sell the Property

Susan Polay

L.W. Reedy Real Estate License #475123931 Listed on: 06/09/2021

L.W. Reedy Real Estate

Last Buyer's Agent

Mimi Aquino

Coldwell Banker Real Estate Group License #471021072

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,628

Year Built

  • Built in 1996 | Remodeled in 2017

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x186

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Split Level with Sub
  • Tri-Level Property
  • Concrete Perimeter Foundation

Interior Spaces

  • 550 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Sump Pump
  • Sub-Basement
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Intercom
  • Storm Screens

Outdoor Features

  • Deck
  • Shed

Schools

  • Emerson Elementary School
  • Churchville Middle School
  • York Community High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,628

Year Built

Built in 1996 | Remodeled in 2017

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1996
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Built-in Features
  • LivingArea: 550
  • Other Equipment: TV-Cable, Security System, Intercom, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1858
  • Assessed Sq Ft: 1250
  • Basement Description: Finished,Sub-Basement
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1858
  • Basement Sq Ft: 532
  • Square Footage Comments: 550 Sq Ft 1st floor, 700 sq ft 2nd floor. 532 Sub, 608 sq ft fam room
  • Total Sq Ft: 2390
  • Upper Level Sq Ft: 700
  • Main Level Sq Ft: 550
  • Lower Level Sq Ft: 608

Exterior Features

  • DirectionFaces: South
  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 435000
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt,Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Emerson Elementary School
  • High School: York Community High School
  • Middle/Junior School: Churchville Middle School
  • Middle/Junior School District: 205

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 50X186
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6628.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 28, 2021
Sold by
Polay Brandon D and Polay Michelle M
Bought by
Anderson Jessica
Seller's Agent
Susan Polay
L.W. Reedy Real Estate
Buyer's Agent
Mimi Aquino
Coldwell Banker Real Estate Group
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Current Estimated Value
$577,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,236
Avg. Annual Appreciation
6.78%
Original Mortgage
$300,000
Outstanding Balance
$275,719
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$314,744

Purchase Details

Closed on
Feb 18, 2009
Sold by
Polay Brandon D and Polay Michelle M
Bought by
Polay Brandon D and Polay Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,635
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2002
Sold by
Li Qinghong and Lu Hongqing
Bought by
Polay Brandon D and Lopez Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.79%

Purchase Details

Closed on
Nov 6, 1996
Sold by
Jackson John
Bought by
Li Qinghong and Lu Hongqing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
8.18%
Mortgage Type
Balloon

Purchase Details

Closed on
May 28, 1996
Sold by
Gracous Roberta L and Fobes Patricia L
Bought by
Jackson John
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
Anderson Jessica $450,000 Chicago Title
Polay Brandon D -- Ticor Title
Polay Brandon D $270,000 First American Title
Li Qinghong $159,000 First American Title Ins
Jackson John $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Jessica $300,000
Previous Owner Polay Brandon D $327,635
Previous Owner Polay Brandon D $256,500
Previous Owner Li Qinghong $127,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $450,000 +3.4% $818 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $435,000 -- $791 / 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 $8,383 $144,884 $71,501 $73,383
2023 $7,726 $133,190 $65,730 $67,460
2022 $7,364 $126,220 $62,300 $63,920
2021 $7,047 $120,900 $59,670 $61,230
2020 $6,628 $115,800 $57,150 $58,650
2019 $6,558 $111,340 $54,950 $56,390
2018 $6,235 $105,560 $52,340 $53,220
2017 $6,111 $100,880 $50,020 $50,860
2016 $5,849 $93,140 $46,180 $46,960
2015 $5,563 $86,040 $42,660 $43,380
2014 $5,164 $74,640 $35,200 $39,440
2013 $5,145 $76,160 $35,920 $40,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11115444

Midwest Real Estate Data (MRED)

APN: 03-34-403-033