NOT LISTED FOR SALE

7007 40th St Berwyn, IL 60402

Estimated Value: $300,000 - $339,821

4 Beds
2 Baths
1,700 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 13, 2014

Last sale price $129,100 $76 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,323/month

120 Days on Market

About This Home

As of March 2014

Very good maintained 4 beds Home, 1/1 bath, finished basement, 2 car garage. Nice area close to shopping center. Above ground pool.

Last Agent to Sell the Property

Pedro Malca

Buenavista Properties Corporation License #471006971 Listed on: 07/17/2013

Last Buyer's Agent

Mark Malave

American International Realty License #475143601

American International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,896

Year Built

  • 1954

Lot Details

  • 0.25

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,896

Year Built

1954

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: 2 Stories
  • Estimated Year Built: 1954
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X12, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 15X13, On Level: Lower
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level
  • Bedroom 4: Dimensions: 12X10, On Level: Main Level
  • Estimated Sq Ft: 1700
  • Family Room: Dimensions: 22X17, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.25

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 201
  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: 30X123
  • Parcel Identification Number: 19061050180000

Tax Info

  • Taxes: 5756

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2013
Closed on
Feb 24, 2014
Sold by
Pacheco Maria and Vasquez Eduardo
Bought by
Vargas Everardo and Vargas Nina
Seller's Agent
Pedro Malca
Buenavista Properties Corporation
Buyer's Agent
Mark Malave
American International Realty
List Price
$155,000
Sold Price
$129,100
Premium/Discount to List
-$25,900
-16.71%
Current Estimated Value
$316,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,355
Avg. Annual Appreciation
8.10%
Original Mortgage
$126,761
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2006
Sold by
Vasquez Eduardo
Bought by
Vasquez Eduardo and Pacheco Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.06%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 4, 2004
Sold by
Gruber Joseph V and Gruber Laura A
Bought by
Vasquez Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 1999
Sold by
Coffey James N and Slezak Jerry R
Bought by
Gruber Joseph V and Finley Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,950
Interest Rate
7.9%

Purchase Details

Closed on
Dec 30, 1997
Sold by
Hud
Bought by
Coffey James N and Slezak Jerry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,100
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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
Vargas Everardo $129,500 Chicago Title Insurance Co
Vasquez Eduardo -- Law Title Insurance
Vasquez Eduardo $232,500 Atg
Gruber Joseph V $134,000 --
Coffey James N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Everardo $207,570
Closed Vargas Everardo $126,761
Previous Owner Vasquez Eduardo $245,000
Previous Owner Vasquez Eduardo $188,000
Previous Owner Vasquez Eduardo $47,000
Previous Owner Vasquez Eduardo $186,000
Previous Owner Gruber Joseph $151,200
Previous Owner Gruber Joseph $37,800
Previous Owner Gruber Joseph $49,496
Previous Owner Gruber Joseph V $129,950
Previous Owner Coffey James N $63,100
Closed Vasquez Eduardo $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2014 03/13/14 Sold $129,100 +0.1% $76 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
10/17/2013 10/17/13 Price Changed $129,000 -2.3% $76 / Sq Ft
10/04/2013 10/04/13 Price Changed $132,000 -4.7% $78 / Sq Ft
09/19/2013 09/19/13 Price Changed $138,500 -1.4% $81 / Sq Ft
09/05/2013 09/05/13 Price Changed $140,500 -2.1% $83 / Sq Ft
08/28/2013 08/28/13 Price Changed $143,500 -2.7% $84 / Sq Ft
08/14/2013 08/14/13 Price Changed $147,500 -1.7% $87 / Sq Ft
07/29/2013 07/29/13 Price Changed $150,000 -3.2% $88 / Sq Ft
07/17/2013 07/17/13 For Sale $155,000 -- $91 / 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 $6,896 $27,606 $3,321 $24,285
2023 $4,828 $27,606 $3,321 $24,285
2022 $4,828 $19,194 $2,860 $16,334
2021 $4,709 $15,586 $2,859 $12,727
2020 $4,714 $15,586 $2,859 $12,727
2019 $5,115 $15,375 $2,583 $12,792
2018 $7,372 $17,634 $2,583 $15,051
2017 $7,164 $17,634 $2,583 $15,051
2016 $5,084 $14,082 $2,121 $11,961
2015 $5,984 $14,082 $2,121 $11,961
2014 $4,754 $14,082 $2,121 $11,961
2013 $5,865 $17,994 $2,121 $15,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08397064

Midwest Real Estate Data (MRED)

APN: 19-06-105-018-0000