NOT LISTED FOR SALE

586 W Babcock Ave Elmhurst, IL 60126

Estimated Value: $429,000 - $522,000

3 Beds
1.5 Baths
1,301 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 23, 2015

Last sale price $189,000 $145 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,103/month

48 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Dining Room
  • Emerson Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of March 2015

Beautiful 3 bedrooms 1.1 baths Single Family Home! Property features hardwood floors in kitchen and bedrooms, new appliances, wood deck off kitchen leads to huge and private back yard. Professionally landscaped. Great convenient location, close to downtown Elmhurst, parks, schools, shopping, entertainment. Easy access to expressways. This is Fannie Mae HomePath property. See it today! Waiting for your offers!

Last Agent to Sell the Property

Dustin Mayes

Z Team License #471019731 Listed on: 12/17/2014

Co-Listed By

Saul Zenkevicius

Z Team

Last Buyer's Agent

Sabrina Seropian

Niego Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,649

Year Built

  • Built in 1958

Lot Details

  • 9,278 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,301 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,649

Year Built

Built in 1958

Lot Details

0

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: 1958
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1301
  • Room Type: No additional rooms
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 500000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 205

Lot Info

  • Lot Size Acres: 0.213
  • Lot Dimensions: 9277 SQ.FT.
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4649
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2014
Closed on
Mar 18, 2015
Sold by
Fannie Mae
Bought by
Maior Sebastian
Seller's Agent
Dustin Mayes
Z Team
Buyer's Agent
Sabrina Seropian
Niego Real Estate
List Price
$239,900
Sold Price
$189,000
Premium/Discount to List
-$50,900
-21.22%
Current Estimated Value
$461,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,838
Avg. Annual Appreciation
7.61%
Original Mortgage
$151,200
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 5, 2013
Sold by
Trevino Valdimar and Trevino Florencia A
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Maior Sebastian $189,000 Servicelink
Federal National Mortgage Association $309,906 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maior Sebastian $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2015 03/23/15 Sold $189,000 -62.2% $145 / Sq Ft
02/23/2015 02/23/15 Price Changed $500,000 +164.6% $384 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
01/13/2015 01/13/15 Off Market $189,000 -- --
12/19/2014 12/19/14 Price Changed $235,900 -1.7% $181 / Sq Ft
12/17/2014 12/17/14 For Sale $239,900 -- $184 / 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 $7,843 $136,073 $71,501 $64,572
2023 $7,226 $125,090 $65,730 $59,360
2022 $6,886 $118,420 $62,300 $56,120
2021 $6,589 $113,420 $59,670 $53,750
2020 $6,195 $108,630 $57,150 $51,480
2019 $6,175 $105,190 $54,950 $50,240
2018 $5,429 $92,690 $52,340 $40,350
2017 $5,319 $88,580 $50,020 $38,560
2016 $5,086 $81,780 $46,180 $35,600
2015 $4,079 $62,990 $42,660 $20,330
2014 $4,665 $65,920 $35,200 $30,720
2013 $4,649 $67,270 $35,920 $31,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08803280

Midwest Real Estate Data (MRED)

APN: 03-34-205-011