NOT LISTED FOR SALE

588 S Swain Ave Elmhurst, IL 60126

Estimated Value: $1,453,000 - $1,575,000

5 Beds
6 Baths
4,288 Sq Ft
$352/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $975,000 $227 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $10,101/month

9 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • Vaulted Ceiling
  • Lincoln Elementary School Rated A
  • Recreation Room
  • Traditional Architecture

About This Home

As of August 2020

Better than new home, just a quick walk to Lincoln School. Builders former personal residence, the quality and luxury is impressive throughout with custom crown & cove molding, full custom hardwoods and tile flooring throughout home. The Chef's kitchen has Brakur cabinetry which provides plenty of room for entertaining; showcasing a large center island with double stacked granite, newer 42" mirror paneled Sub-Zero refrigerator and Thermador appliances - wall oven, warming drawer & microwave, 36" dual fuel range & dishwasher are both new in 2019. Butler's pantry includes custom food storage and wet bar with sink and wine refrigerator. Eat-in breakfast area opens to large Family room with coffered ceiling, gas fireplace and wall of windows with backyard views. Fine wood paneled main level office is perfect for any executive. Second level features a Master bedroom suite with balcony and luxurious spa bath that includes a whirlpool tub, spacious steam shower with body spray, rain head & handheld shower, dual vanities, linen storage, and large custom closet. Bedroom 2 includes large playroom and Jack & Jill bath to Bedroom #3 which includes a full wall of built-ins for a 2nd home office. Bedroom 4 includes walk-in custom closet w/ en-suite bath. Second floor laundry includes plenty of storage, granite folding space & deep sink. The 3rd floor features a great in-law, nanny or teen suite with a walk-in closet and full bath with linen storage. Full basement features plenty of space to play & relax with a gas fireplace and large shower with rain head & body sprays. Central vac throughout all 4 levels, HVAC zones for efficiency, humidifier and purifier. The heated garage includes hose bib, central vac, brand new epoxied floor, full paint & trim, and 220 service at garage for a generator or electric car. All pavers have recently been leveled, sanded & sealed. Fresh paint throughout with updated designer lighting, whole home audio includes back patio with in-wall speakers & Sonos amp. Property features fenced backyard, paver drive, sidewalk & patio w/ built-in fire pit & seating, Dacor gas grill, large shed and professional landscaping. Owners being relocated back out of state after a short stay.

Last Agent to Sell the Property

Michelle Scholl

Baird & Warner License #471005228 Listed on: 06/10/2020

Baird & Warner

Last Buyer's Agent

Dina Florina

Berkshire Hathaway HomeServices Starck Real Estate License #475140805

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,809

Year Built

  • 2007

Lot Details

  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding

Interior Spaces

  • Vaulted Ceiling
  • Mud Room
  • Entrance Foyer
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Finished Basement

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

Outdoor Features

  • Balcony
  • Brick Porch or Patio
  • Fire Pit
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,809

Year Built

2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 11-15 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Style Of House: Traditional
  • Type Detached: 3 Stories
  • Estimated Year Built: 2007
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Heated Floors, In-Law Arrangement, 2nd Floor Laundry
  • Number Of Rooms: 12
  • Living Room: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Equipment: Humidifier, Central Vacuum, Security System, CO Detectors, Ceiling Fan, Sump Pump, Air Cleaner, Backup Sump Pump;, Radon Mitigation System(s)
  • Fireplace Location: Family Room, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 9X4, On Level: 2nd Level, Flooring: Travertine
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 14X13, On Level: Main Level, Flooring: Travertine
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Office, Recreation Room, Foyer, Storage, Walk In Closet, Breakfast Room, Mud Room
  • Master Bedroom: Dimensions: 20X16, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 27X20, On Level: 3rd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 2 Name: Office, Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 3 Name: Recreation Rm, Dimensions: 37X30, On Level: Basement, Flooring: Vinyl
  • Bedroom 3: Dimensions: 21X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Foyer, Dimensions: 6X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 20X16, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 5 Name: Storage, Dimensions: 14X8, On Level: Basement, Flooring: Other
  • Additional Room 6 Name: Walk in Closet, Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 7 Name: Breakfast Rm, Dimensions: 14X11, On Level: Main Level
  • Additional Room 8 Name: Mud, Dimensions: 4X10, On Level: Main Level
  • Estimated Sq Ft: 4288
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X19, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Brick Paver Patio, Outdoor Grill, Fire Pit
  • Exposure: E (East), W (West)
  • Acreage: 0.1641

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Brick
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

  • Junior High Dist: 205

Lot Info

  • Lot Dimensions: 51X140
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 0611406012

Tax Info

  • Taxes: 19762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 29, 2020
Sold by
Sherman Paul and Sherman Cynthia
Bought by
Stergios Joseph and Stergios Penney
Seller's Agent
Michelle Scholl
Baird & Warner
Buyer's Agent
Dina Florina
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$990,000
Sold Price
$975,000
Premium/Discount to List
-$15,000
-1.52%
Current Estimated Value
$1,508,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,350
Avg. Annual Appreciation
8.58%
Original Mortgage
$510,400
Outstanding Balance
$451,662
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,056,688

Purchase Details

Listed on
Feb 14, 2019
Closed on
May 3, 2019
Sold by
Folkmann Jeremiah
Bought by
Sherman Paul
Seller's Agent
Ginny Leamy
Compass
Buyer's Agent
Michelle Scholl
Baird & Warner
List Price
$969,900
Sold Price
$930,000
Premium/Discount to List
-$39,900
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$790,500
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2013
Closed on
Oct 28, 2013
Sold by
588 Swain Llc
Bought by
Folkmann Jeremiah
Seller's Agent
Debbie Obradovich
@properties Christie's International Real Estate
Buyer's Agent
Ginny Leamy
Compass
List Price
$995,000
Sold Price
$973,000
Premium/Discount to List
-$22,000
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.82%
Original Mortgage
$750,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2012
Sold by
Rozdolskyy Mykola and Loyfman Alex
Bought by
588 Swain Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2012
Sold by
Miklyukh Zenoviy and Residential Funding Company
Bought by
Rozdolskyy Mykola and Loyfman Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2005
Sold by
Fischer Peter G and Fischer Jennifer
Bought by
Miklyukh Zenoviy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 19, 2001
Sold by
Schneider Mark and Schneider Catherine
Bought by
Fischer Peter G and Fischer Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
7.14%

Purchase Details

Closed on
Jan 15, 1996
Sold by
Moore Wesley E and Moore Bonnie T
Bought by
Schneider Mark and Rensel Catherine
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
Stergios Joseph $975,000 Baird & Warner Ttl Svcs Inc
Sherman Paul $930,000 First American Title
Folkmann Jeremiah $973,000 Ctic
588 Swain Llc -- Fidelity National Title
Rozdolskyy Mykola -- None Available
Miklyukh Zenoviy $400,000 Chicago Title Insurance Comp
Fischer Peter G $268,000 --
Schneider Mark $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stergios Joseph $510,400
Previous Owner Sherman Paul $790,500
Previous Owner Folkmann Jeremiah $750,000
Previous Owner 588 Swain Llc $506,250
Previous Owner Miklyukh Zenoviy $359,600
Previous Owner Fischer Peter G $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2020 08/04/20 Sold $975,000 -1.5% $227 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $990,000 +6.5% $231 / Sq Ft
05/03/2019 05/03/19 Sold $930,000 -4.1% $217 / Sq Ft View Prior Sale
03/02/2019 03/02/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $969,900 -0.3% $226 / Sq Ft
11/02/2013 11/02/13 Sold $973,000 -2.2% $227 / Sq Ft View Prior Sale
09/01/2013 09/01/13 Pending -- -- --
08/17/2013 08/17/13 For Sale $995,000 -- $232 / 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 $25,809 $436,259 $83,863 $352,396
2023 $24,006 $403,420 $77,550 $325,870
2022 $19,345 $325,020 $74,530 $250,490
2021 $18,874 $316,940 $72,680 $244,260
2020 $18,152 $310,000 $71,090 $238,910
2019 $19,395 $320,870 $67,590 $253,280
2018 $20,130 $330,930 $63,980 $266,950
2017 $19,710 $315,350 $60,970 $254,380
2016 $21,532 $330,370 $57,440 $272,930
2015 $21,359 $307,780 $53,510 $254,270
2014 $20,227 $268,470 $42,470 $226,000
2013 $20,000 $272,260 $43,070 $229,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10741736

Midwest Real Estate Data (MRED)

APN: 06-11-406-012