NOT LISTED FOR SALE

616 S Monterey Ave Villa Park, IL 60181

Estimated Value: $277,000 - $395,000

3 Beds
1 Bath
1,171 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $303,000 $259 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,517/month

2 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Breakfast Bar
  • Ardmore Elementary School Rated A-
  • 2 Car Detached Garage
  • Patio

About This Home

As of October 2022

Solid 3-bedroom brick ranch in Stupendous South Villa Park location is an explosive value and offers nuclear bang for your buck! The main level features a spacious light and bright living room/dining area. 3 nice sized 1st level bedrooms with ample closet space, the master is 13x12. Eat in kitchen has abundant white cabinetry and walks out to a sprawling park-like rear fenced yard with patio. Massive basement features a large family room, laundry area, storage room, and space for a 4th bedroom/office. Oversized 2.5 car garage. Newer roof and replacement windows. Terrific opportunity to BUILD INSTANT SWEAT EQUITY. Estate sale, property sold AS-IS.

Last Agent to Sell the Property

Tom Fosnot

J.W. Reedy Realty License #475137941 Listed on: 08/13/2022

Last Buyer's Agent

Kathleen Colliander

eXp Realty - Geneva License #475167697

eXp Realty - Geneva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,152

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50x250
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,171 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Ardmore Elementary School
  • Jackson Middle School
  • Willowbrook High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Reedy Ranch

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,152

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 575
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1171
  • Room Type: Eating Area, Storage
  • Estimated Total Finished Sq Ft: 1746
  • Assessed Sq Ft: 1171
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1171
  • Basement Sq Ft: 1171
  • Total Sq Ft: 2342
  • Unfinished Basement Sq Ft: 596
  • Main Level Sq Ft: 1171
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 289900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ardmore Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Jackson Middle School
  • Middle/Junior School District: 45

Lot Info

  • Lot Dimensions: 50X250
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6152.32
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2022
Closed on
Oct 17, 2022
Sold by
Kocolowski Ronald J
Bought by
Kocolowski Jeffrey Alan and Centracchio Anthony John
Seller's Agent
Tom Fosnot
J.W. Reedy Realty
Buyer's Agent
Kathleen Colliander
eXp Realty - Geneva
List Price
$289,900
Sold Price
$303,000
Premium/Discount to List
$13,100
4.52%
Views
65
Current Estimated Value
$348,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,928
Avg. Annual Appreciation
4.30%
Original Mortgage
$287,850
Outstanding Balance
$279,894
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$60,177

Purchase Details

Closed on
May 22, 2003
Sold by
Kocolowski Kenneth P and Kocolowski Jennifer L
Bought by
Kocolowski Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1998
Sold by
Kocolowski Ronald J
Bought by
Kocolowski Ronald J and Kocolowski Kenneth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
6.96%
Mortgage Type
Unknown
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
Kocolowski Jeffrey Alan $303,000 --
Kocolowski Ronald J -- Lakeshore Title Agency
Kocolowski Ronald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kocolowski Jeffrey Alan $287,850
Previous Owner Kocolowski Ronald J $167,400
Previous Owner Kocolowski Ronald J $186,400
Previous Owner Kocolowski Ronald J $154,000
Previous Owner Kocolowski Ronald J $43,000
Previous Owner Kocolowski Ronald J $107,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $303,000 +4.5% $259 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $289,900 -- $248 / 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 $7,002 $97,420 $39,760 $57,660
2022 $6,425 $93,640 $38,220 $55,420
2021 $6,152 $91,310 $37,270 $54,040
2020 $5,996 $89,310 $36,450 $52,860
2019 $5,576 $84,910 $34,650 $50,260
2018 $5,509 $79,590 $32,480 $47,110
2017 $5,353 $75,840 $30,950 $44,890
2016 $5,173 $71,450 $29,160 $42,290
2015 $5,062 $66,570 $27,170 $39,400
2014 $5,244 $68,790 $35,210 $33,580
2013 $5,005 $69,760 $35,710 $34,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11475081

Midwest Real Estate Data (MRED)

APN: 06-10-408-030