NOT LISTED FOR SALE

701 Fourth Ave Addison, IL 60101

Estimated Value: $599,000 - $669,483

4 Beds
4 Baths
2,900 Sq Ft
$217/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2022

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

Est. 23% increase in value since last sale

Current estimated payment $4,528 / mo

94 Days on Market

Highlights

  • Family Room with Fireplace
  • Whirlpool Bathtub
  • Attached Garage
  • Addison Trail High School Rated 9+
  • Formal Dining Room

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

Home Details

Home Type

  • Single Family

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

Lot Details

7,841 Sq Ft Lot

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
  • Actual Status: Closed
  • 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
  • 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

  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2021
Closed on
Jan 20, 2022
Sold by
Bought by
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
$629,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,371
Avg. Annual Appreciation
4.90%
Original Mortgage
$484,500
Outstanding Balance
$448,082
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$181,289

Purchase Details

Closed on
Aug 27, 2002
Sold by
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$510,000 First American Title
$440,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $484,500
Previous Owner $320,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Peter Dravilas

    Seller's Agent in 2022

    Peter Dravilas

    PreferredCo Realty & Investments

    (630) 628-9200

    17 Total Sales

    Peter Dravilas
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11223445

Midwest Real Estate Data (MRED)

APN: 03-20-314-015

Illinois DuPage County Addison 60101

701 Fourth Ave, Addison, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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