NOT LISTED FOR SALE

7003 40th Place Berwyn, IL 60402

Estimated Value: $318,000 - $360,000

6 Beds
2 Baths
1,411 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $267,000 $189 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,414/month

About This Home

As of January 2021

This home is located at 7003 40th Place, Berwyn, IL 60402 since 28 December 2020 and is currently estimated at $335,915, approximately $238 per square foot. This property was built in 1952. 7003 40th Place is a home located in Cook County with nearby schools including Edison Elementary School, George Washington Middle School, and J. Sterling Morton High School West.

Last Agent to Sell the Property

John Palomo

Coldwell Banker Realty License #475141680 Listed on: 12/28/2020

Coldwell Banker Realty

Last Buyer's Agent

John Palomo

Coldwell Banker Realty License #475141680 Listed on: 12/28/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1952

Lot Details

  • 3,920

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1952
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X14, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Below Grade Bedrooms: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X8, On Level: Basement
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level
  • Additional Rooms: 5th Bedroom, 6th Bedroom
  • Master Bedroom: Dimensions: 12X15, On Level: Main Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X12, On Level: Basement
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 12X10, On Level: Basement
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level
  • Bedroom 4: Dimensions: 12X14, On Level: Basement
  • Estimated Sq Ft: 1411

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0988

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: 35X125
  • Parcel Identification Number: 19061070420000

Tax Info

  • Taxes: 5999.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Jan 27, 2021
Sold by
Soto Luis G and Soto Jose G
Bought by
Soto Clara
Seller's Agent
John Palomo
Coldwell Banker Realty
Buyer's Agent
John Palomo
Coldwell Banker Realty
List Price
$270,000
Sold Price
$267,000
Premium/Discount to List
-$3,000
-1.11%
Current Estimated Value
$335,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,915
Avg. Annual Appreciation
4.71%
Original Mortgage
$240,300
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Procopio Salvatore and Procopio Rosina
Bought by
Soto Jose and Soto Luis

Purchase Details

Closed on
Jun 14, 2002
Sold by
Zampa Daniel E and Schott Tara
Bought by
Procopio Salvatore and Procopio Rosina

Purchase Details

Closed on
Sep 27, 1995
Sold by
Spradling Edward R and Spradling Linda S
Bought by
Zampa Daniel E and Schott Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Soto Clara $267,000 Fidelity National Title
Soto Jose $279,000 First American Title
Procopio Salvatore $185,000 Chicago Title Insurance Co
Zampa Daniel E $748,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soto Clara $240,300
Previous Owner Zampa Daniel E $114,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $267,000 -1.1% $189 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/28/2020 12/28/20 For Sale $270,000 -- $191 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $8,001 $24,001 $3,875 $20,126
2024 $8,001 $24,001 $3,875 $20,126
2023 $7,526 $24,001 $3,875 $20,126
2022 $7,526 $18,963 $3,336 $15,627
2021 $6,007 $18,962 $3,336 $15,626
2020 $5,989 $18,962 $3,336 $15,626
2019 $5,999 $17,439 $3,013 $14,426
2018 $5,854 $17,439 $3,013 $14,426
2017 $5,714 $17,439 $3,013 $14,426
2016 $5,274 $14,517 $2,475 $12,042
2015 $5,054 $14,517 $2,475 $12,042
2014 $4,934 $14,517 $2,475 $12,042
2013 $5,710 $17,587 $2,475 $15,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10959263

Midwest Real Estate Data (MRED)

APN: 19-06-107-042-0000