Seller's Agent in 2020
Diana Ivas
Berkshire Hathaway HomeServices Chicago
(630) 939-5555
12 in this area
99 Total Sales
7 Arcadia Ct Burr Ridge, IL 60527
Burr Ridge West NeighborhoodEstimated Value: $1,300,000 - $1,857,663
0.68
Acre
$2,330,718
Price per Acre
29,621
Sq Ft Lot
About This Lot
As of October 2020TOO GOOD TO BE TRUE AT THIS PRICE-IF YOU HAVE BEEN CONTEMPLATING BUILDING IN A GATED COMMUNITY-THIS ONE IS FOR YOU!!! Amazing 3/4 acre vacant wooded lot in one of the areas most prestigious gated communities. Private - Cul-de sac location with gorgeous views! Build your dream home in an upscale neighborhood surrounded by multi-million dollar residences. Falling Water is famous for the rolling topography, lakes, waterways and water falls. Call listing agent for additional information and to gain entrance to the subdivision.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #471003550 Listed on: 07/20/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $20,831
Year Built
- 2023
Lot Details
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2020
Closed on
Oct 26, 2020
Sold by
Nn & J Llc
Bought by
Savani Neil and Patel Parul
Seller's Agent
Diana Ivas
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Praseen Nath
Titanium Realty Group
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%
Total Days on Market
67
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
$1,399,888
Avg. Annual Appreciation
59.51%
Purchase Details
Closed on
Jun 25, 2002
Sold by
Anam Molla and Anam Murshida
Bought by
Donthamsetti Ajay and Bathala Kavitha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 13, 1997
Sold by
Executive Builders Inc
Bought by
Molla Anam Murshida and Molla Anam
Purchase Details
Closed on
Dec 6, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Executive Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Savani Neil | $185,000 | Attorney | |
| Donthamsetti Ajay | $312,500 | Law Title Pick Up | |
| Molla Anam Murshida | $161,500 | -- | |
| Executive Builders Inc | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Savani Neil | $1,785,000 | |
| Previous Owner | Donthamsetti Ajay | $249,600 | |
| Previous Owner | Executive Builders Inc | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $185,000 | -17.8% | -- |
| 09/25/2020 09/25/20 | Pending | -- | -- | -- |
| 07/20/2020 07/20/20 | For Sale | $225,000 | -- | -- |
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 | $20,831 | $332,910 | $130,200 | $202,710 |
| 2022 | $8,419 | $136,910 | $136,910 | $0 |
| 2021 | $8,076 | $135,350 | $135,350 | $0 |
| 2020 | $7,956 | $132,670 | $132,670 | $0 |
| 2019 | $7,655 | $127,300 | $127,300 | $0 |
| 2018 | $7,322 | $126,600 | $126,600 | $0 |
| 2017 | $7,279 | $121,820 | $121,820 | $0 |
| 2016 | $7,117 | $116,260 | $116,260 | $0 |
| 2015 | $7,119 | $109,380 | $109,380 | $0 |
| 2014 | $7,034 | $106,350 | $106,350 | $0 |
| 2013 | $6,808 | $105,850 | $105,850 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Diana Ivas
-
Charles Ivas
Seller Co-Listing Agent in 2020
Charles Ivas
Berkshire Hathaway HomeServices Chicago
(630) 254-5555
12 in this area
68 Total Sales
-
Praseen Nath
P
Buyer's Agent in 2020
Praseen Nath
Titanium Realty Group
(630) 229-9008
1 in this area
68 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10787787
APN: 10-02-411-006
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