NOT LISTED FOR SALE

7005 40th Place Berwyn, IL 60402

Estimated Value: $254,000 - $325,000

3 Beds
2 Baths
1,200 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 10, 2017

Last sale price $210,000 $175 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,840/month

25 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Detached Garage
  • Main Floor Bedroom
  • Fenced Yard
  • Breakfast Bar

About This Home

As of November 2017

Motivated Seller will assist with Closing Costs - Complete Gut Rehab- New Electrical Service, Plumbing, HVAC, and Windows. Renovated Kitchen & Baths. Freshly refinished hardwood floors, great yard, Huge 2.5 Car Garage with Access from the yard. Brand New Appliances. Updated Finishes with modern DA cor - A Must See

Last Agent to Sell the Property

Danny Sourbis

Coldwell Banker Realty License #475163718 Listed on: 08/04/2017

Coldwell Banker Realty

Last Buyer's Agent

Christine Hutton

Century 21 S.G.R., Inc. License #475157233

Century 21 S.G.R., Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,529

Year Built

  • 1961

Lot Details

  • 3,703

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Crawl Space

Utilities

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

Additional Features

  • Wood Flooring
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,529

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 13X11, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Attic: Unfinished
  • Basement: Finished, Crawl, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X7, On Level: Walkout Basement
  • Dining Room: Dimensions: 10X9, On Level: Main Level
  • Kitchen Type: Dimensions: 10X11, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X10, On Level: 2nd Level
  • Bedroom 2: Dimensions: 13X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level
  • Estimated Sq Ft: 1200
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X13, On Level: Walkout Basement

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 201
  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: 30X123.5
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 19061070180000

Tax Info

  • Taxes: 4315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2017
Closed on
Nov 8, 2017
Sold by
Sourbis Georgio
Bought by
Malave Felipe
Seller's Agent
Danny Sourbis
Coldwell Banker Realty
Buyer's Agent
Christine Hutton
Century 21 S.G.R., Inc.
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$299,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,582
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Feb 17, 2017
Sold by
Primestar Fund I Trs Llc
Bought by
Sourbis Georgio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,655
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2016
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Primestar Fund I Trs Llc

Purchase Details

Closed on
Mar 11, 2016
Sold by
Izaguirre Camerino and Garcia Magda
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
May 9, 2008
Sold by
Standard Bank & Trust Co
Bought by
Izaguirre Camerino and Garcia Magda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,833
Interest Rate
6.04%
Mortgage Type
FHA
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
Malave Felipe $210,000 Chicago Title
Sourbis Georgio $125,000 Attorney
Primestar Fund I Trs Llc -- None Available
Wilmington Savings Fund Society Fsb -- Attorney
Izaguirre Camerino $203,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sourbis Georgio $118,655
Previous Owner Izaguirre Camerino $199,833
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2017 11/10/17 Sold $210,000 -4.1% $175 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/09/2017 10/09/17 Price Changed $219,000 -2.7% $183 / Sq Ft
09/27/2017 09/27/17 For Sale $225,000 0.0% $188 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
09/07/2017 09/07/17 Price Changed $225,000 -1.7% $188 / Sq Ft
08/16/2017 08/16/17 Price Changed $229,000 -- $191 / 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 $2,529 $21,000 $3,321 $17,679
2023 $3,106 $21,000 $3,321 $17,679
2022 $3,106 $18,292 $2,860 $15,432
2021 $4,469 $18,291 $2,859 $15,432
2020 $4,798 $18,291 $2,859 $15,432
2019 $3,371 $14,044 $2,583 $11,461
2018 $3,286 $14,044 $2,583 $11,461
2017 $4,334 $14,044 $2,583 $11,461
2016 $4,512 $12,779 $2,121 $10,658
2015 $4,315 $12,779 $2,121 $10,658
2014 $4,216 $12,779 $2,121 $10,658
2013 $5,266 $16,423 $2,121 $14,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09712340

Midwest Real Estate Data (MRED)

APN: 19-06-107-018-0000