$325,000
SOLD APR 7, 2025

686 Madisen Ln University Park, IL 60484

4 Beds
2.5 Baths
2,696 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$121 Per Sq Ft

2% Above List Price

23 Days on Market

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • Dining Room
  • Laundry Room

About This Home

As of April 2025

Start 2025 in this spacious and beautifully designed 4-bedroom, 2.5-bathroom home located in the highly desirable community of University Park! This home offers plenty of space for comfortable living, featuring a 2-car attached garage, a large backyard, and a full unfinished basement ready for you to bring your creative vision to life. With a brand-new A/C unit and thoughtful updates throughout the house, you'll surely fall in love with every detail. Don't miss this opportunity-schedule your showing today and make this house your home!

Last Agent to Sell the Property

Sebastian Regium

LPT Realty License #475202014 Listed on: 01/10/2025

LPT Realty

Last Buyer's Agent

Sheri Herring

Prospect Equities Real Estate License #475157753

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,896

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 65x118

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,696 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,896

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 2696
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2696
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: Sq. footage is an estimate; buyer's agent to do due diligence.
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 315000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 201U

Lot Info

  • Lot Dimensions: 65X118
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9895.88
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Mar 27, 2025
Sold by
Hines Alesia R
Bought by
Way George
Seller's Agent
Sebastian Regium
LPT Realty
Buyer's Agent
Sheri Herring
Prospect Equities Real Estate
List Price
$319,900
Sold Price
$325,000
Premium/Discount to List
$5,100
1.59%
Views
67
Current Estimated Value
$332,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,218
Avg. Annual Appreciation
4.49%
Original Mortgage
$325,000
Outstanding Balance
$323,442
Interest Rate
6.25%
Mortgage Type
VA
Estimated Equity
$8,776

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 8, 2022
Sold by
Mfra Trust
Bought by
Hines Alesia R
Seller's Agent
Steve Meeker
Meeker Real Estate Inc
Buyer's Agent
Sebastian Regium
LPT Realty
List Price
$249,900
Sold Price
$262,500
Premium/Discount to List
$12,600
5.04%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$257,744
Interest Rate
7.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2022
Sold by
Sheriff Of Will County
Bought by
Mfra Trust and Household Finance Corporation Iii

Purchase Details

Closed on
May 22, 2012
Sold by
Owens Craig
Bought by
Parker Owens Benita

Purchase Details

Closed on
Oct 26, 2005
Sold by
Owens Benita P
Bought by
Owens Craig A and Owens Benita P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2004
Sold by
First National Bank Of Illinois
Bought by
Owens Benita P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,350
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 None Listed On Document
Special Warranty Deed $262,500 --
Sheriffs Deed -- Ira T Nevel Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Aegis Title Services
Deed $253,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,000 VA
Previous Owner $257,744 FHA
Previous Owner $247,000 Purchase Money Mortgage
Previous Owner $240,350 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2025 04/07/25 Sold $325,000 +3.2% $121 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/28/2025 01/28/25 Price Changed $315,000 -1.5% $117 / Sq Ft
01/10/2025 01/10/25 For Sale $319,900 +21.9% $119 / Sq Ft
10/28/2022 10/28/22 Sold $262,500 +5.0% $97 / Sq Ft View Prior Sale
08/30/2022 08/30/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $249,900 -- $93 / 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 $10,756 $93,699 $14,222 $79,477
2023 $10,756 $80,775 $12,260 $68,515
2022 $9,169 $71,055 $10,785 $60,270
2021 $9,087 $67,613 $9,807 $57,806
2020 $8,578 $62,758 $9,489 $53,269
2019 $8,678 $59,515 $8,999 $50,516
2018 $8,477 $57,229 $8,811 $48,418
2017 $8,379 $55,531 $8,564 $46,967
2016 $8,453 $55,884 $8,234 $47,650
2015 $7,767 $53,083 $7,808 $45,275
2014 $7,767 $53,766 $7,783 $45,983
2013 $7,767 $56,300 $8,150 $48,150
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12268949

Midwest Real Estate Data (MRED)

APN: 21-14-12-414-006