NOT LISTED FOR SALE

701 Fourth Ave Addison, IL 60101

Estimated Value: $628,000 - $648,000

4 Beds
4 Baths
2,900 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $510,000 $176 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,591/month

94 Days on Market

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • Attached Garage
  • Whirlpool Bathtub

About This Home

As of January 2022

Brick/Cedar 2-story-home. Hardwood floors thru-out. Large living room, formal dining room, kitchen with island open to family room with fireplace. Second floor den/office area. Large master bdrm., with walk-in closet, large bdrms., with blinds. Full finished basement with extra bdrm., full bathroom and a large wet bar area.

Last Agent to Sell the Property

Peter Dravilas

PreferredCo Realty & Investments License #471005186 Listed on: 09/19/2021

Last Buyer's Agent

Christopher Prokopiak

Redfin Corporation License #475191298

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,552

Lot Details

  • 7,841

Parking

  • Attached Garage
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • Whirlpool Bathtub
  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,552

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • 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
  • Directions: Lake Street west of Mill rd., to 4th Ave, south to home or 1-mile east of route # 53 to fourth Ave, South to home
  • Lot Size: 61 X 86X 67 X 32 X 130
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet
  • Dining Room Type: Loft, Bonus Room

Exterior Features

  • Exterior Building Type: Brick,Cedar
  • Waterfront: No

Garage/Parking

  • Number of Cars: 6
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 2
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer, Sewer-Storm
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Wesley Elementary School
  • High School: Addison Trail High School
  • Junior High Dist: 88
  • Middle Or Junior School: Indian Trail Junior High School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 12190
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2021
Closed on
Jan 20, 2022
Sold by
Ruizol Ruben C and Ruizol Elizabeth A
Bought by
Beleta Aldrin and Beleta Maribeth
Seller's Agent
Peter Dravilas
PreferredCo Realty & Investments
Buyer's Agent
Christopher Prokopiak
Redfin Corporation
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%
Current Estimated Value
$635,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,514
Avg. Annual Appreciation
6.09%
Original Mortgage
$484,500
Outstanding Balance
$455,043
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$174,792

Purchase Details

Closed on
Aug 27, 2002
Sold by
Cosmopolitan Bank & Trust
Bought by
Ruizol Ruben C and Ruizol Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.41%
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
Beleta Aldrin $510,000 First American Title
Ruizol Ruben C $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beleta Aldrin $484,500
Previous Owner Ruizol Ruben C $300,000
Previous Owner Ruizol Elizabeth A $140,000
Previous Owner Ruizol Elizabeth A $200,000
Previous Owner Ruizol Ruben C $134,000
Previous Owner Ruizol Ruben C $315,000
Previous Owner Ruizol Ruben C $320,000
Previous Owner Cosmpolitan Bank & Trust $1,670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $510,000 -7.3% $176 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $549,900 -- $190 / 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 $13,552 $200,275 $58,317 $141,958
2023 $12,964 $184,110 $53,610 $130,500
2022 $13,050 $183,190 $53,340 $129,850
2021 $12,517 $175,470 $51,090 $124,380
2020 $12,190 $168,080 $48,940 $119,140
2019 $12,118 $161,620 $47,060 $114,560
2018 $12,001 $153,830 $44,780 $109,050
2017 $11,705 $147,020 $42,800 $104,220
2016 $11,419 $135,740 $39,520 $96,220
2015 $11,162 $125,400 $36,510 $88,890
2014 $11,518 $128,420 $37,070 $91,350
2013 $11,276 $131,040 $37,830 $93,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11223445

Midwest Real Estate Data (MRED)

APN: 03-20-314-015