5820 Fairview Ave Downers Grove, IL 60516
South Downers Grove NeighborhoodEstimated Value: $495,000 - $580,000
3
Beds
2
Baths
2,465
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Mature Trees
- Vaulted Ceiling
- Fairmount Elementary School Rated A-
- Recreation Room
- Wood Flooring
About This Home
As of September 2020This quality built Mid-Century Modern Split is over 2400 sqft of special that doesn't come along everyday. It is nestled on a park-like 1/2 acre lot with a professionally landscaped garden and room for the kids to play. The Master En-Suite features hardwood flooring, beamed cathedral ceilings, window seat, a generous wall of closets and master bath. The master suite sits alone on the top floor offering a quiet and private space away from the rest of the home. Stepping down to the main level you walk into the generous living room with brick fireplace and corner balcony... yep, I said it, a corner balcony. I told you this home was special. There is a sizable dining room, which leads to the light and bright kitchen with white wooden cabinets that brighten up as the light comes streaming in from the skylight above. The sizable family room which is sports a stone fireplace and is decked out in real wood "retro trending" paneling that really makes it a great place to relax. The adjoining rec room is home to your pool table. There is a separate home office area off of the family room which is now more important that ever. Also it would be very easy to finish off the 17'x12' workshop area into a wonderful space (bedroom/office). Still more there is an 8'x8' roughed-in 3rd bathroom off of the rec room. That means with very little work this could be an over 2700 sqft 5 bedroom 3 bath home. The home has been lovingly cared for and very well maintained but you will want to make any number of cosmetic updates so the seller's have made this affordable and it is a blank canvas for you to come make it your own. Don't let the Fairview location give you pause, this isn't the very busy part of Fairview this is right down from the YMCA. All that said, bring some that imagination with you as you schedule your private showing or virtual walk through of this truly special home.
Last Agent to Sell the Property
Fathom Realty IL LLC License #471009346 Listed on: 07/02/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,442
Year Built
- 1964
Lot Details
- East or West Exposure
- Landscaped Professionally
- Mature Trees
Parking
- Attached Garage
- Circular Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Tri-Level Property
- Slab Foundation
- Asphalt Shingled Roof
- Wood Siding
- Cedar
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Vaulted Ceiling
- Skylights
- Wood Burning Fireplace
- Gas Log Fireplace
- Entrance Foyer
- Home Office
- Workroom
- Recreation Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2020
Closed on
Sep 3, 2020
Sold by
Beilfuss Charles W and Beilfuss Dorothy A
Bought by
Svec Stephen J and Sowlles Holly K
Seller's Agent
Matt McGrath
Fathom Realty IL LLC
Buyer's Agent
Mike McElroy
Kale Realty
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Total Days on Market
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,074
Avg. Annual Appreciation
6.90%
Original Mortgage
$399,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 29, 1993
Sold by
Beilfuss Charles W and Beilfuss Dorothy A
Bought by
Declaration Beilfuss Charles W and Declaration Charles W Beilfuss
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Svec Stephen J | $420,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Svec Stephen J | $399,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2020 09/08/20 | Sold | $420,000 | -2.9% | $170 / Sq Ft |
| 07/27/2020 07/27/20 | Pending | -- | -- | -- |
| 07/17/2020 07/17/20 | Price Changed | $432,500 | -0.6% | $175 / Sq Ft |
| 06/26/2020 06/26/20 | For Sale | $435,000 | -- | $176 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,442 | $166,840 | $71,140 | $95,700 |
| 2022 | $8,901 | $157,240 | $67,040 | $90,200 |
| 2021 | $8,331 | $155,450 | $66,280 | $89,170 |
| 2020 | $7,898 | $152,370 | $64,970 | $87,400 |
| 2019 | $7,636 | $146,200 | $62,340 | $83,860 |
| 2018 | $8,519 | $160,050 | $79,420 | $80,630 |
| 2017 | $8,239 | $154,010 | $76,420 | $77,590 |
| 2016 | $8,064 | $146,980 | $72,930 | $74,050 |
| 2015 | $7,961 | $138,280 | $68,610 | $69,670 |
| 2014 | $7,789 | $131,840 | $66,710 | $65,130 |
| 2013 | $7,629 | $131,220 | $66,400 | $64,820 |
Source: Public Records
Agents Affiliated with this Home
-
Matt McGrath
Seller's Agent in 2020
Matt McGrath
Fathom Realty IL LLC
(630) 202-2220
2 in this area
9 Total Sales
-
Mike McElroy
Buyer's Agent in 2020
Mike McElroy
Kale Realty
(312) 561-4080
1 in this area
100 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10762986
APN: 09-17-208-026
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