NOT LISTED FOR SALE

701 S Michigan Ave Villa Park, IL 60181

Estimated Value: $340,061 - $374,000

2 Beds
1 Bath
925 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $227,500 $246 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,382/month

24 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Breakfast Bar
  • Ardmore Elementary School Rated A-
  • Detached Garage
  • Workroom

About This Home

As of December 2018

Nuclear bang for your buck! Terrific ranch in great South Villa Park location is a true value. Home features nice room sizes, 18 x 14 living room with hardwood flooring and wood burning fireplace. 15 x 12 master bedroom. Kitchen with nice cabinetry opens to eating area overlooking park-like rear yard. Gigantic basement features family room, shop area, laundry room and storage space. 2 car garage. Replacement windows, newer hot water heater. Hurry, will not last!!!

Last Agent to Sell the Property

Tom Fosnot

J.W. Reedy Realty License #475137941 Listed on: 10/12/2018

Last Buyer's Agent

Michelle Reboletti

Coldwell Banker Realty License #475181564

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,140

Year Built

  • 1952

Lot Details

  • East or West Exposure

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • Wood Burning Fireplace
  • Dining Area
  • Workroom
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,140

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: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 21X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 12X8, On Level: Basement, Flooring: Other
  • Kitchen Type: Dimensions: 11X7, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area, Workroom
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Eating Area, Dimensions: 10X8, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Additional Room 2 Name: Work Rm, Dimensions: 14X14, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 925
  • Family Room: Dimensions: 18X14, On Level: Basement, Flooring: Other

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: W (West)
  • Acreage: 0.2154

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 925

Schools

  • Junior High Dist: 45

Lot Info

  • Lot Dimensions: 50 X 187
  • Parcel Identification Number: 0609411016

Tax Info

  • Taxes: 4087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Dec 27, 2018
Sold by
Czarnecki Julian V and Czarnecki Revocable T Julian V
Bought by
Benton Matthew and Cimaglia Kendall V
Seller's Agent
Tom Fosnot
J.W. Reedy Realty
Buyer's Agent
Michelle Reboletti
Coldwell Banker Realty
List Price
$229,900
Sold Price
$227,500
Premium/Discount to List
-$2,400
-1.04%
Current Estimated Value
$357,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,765
Avg. Annual Appreciation
6.82%
Original Mortgage
$222,888
Outstanding Balance
$197,484
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$159,781

Purchase Details

Closed on
May 14, 2015
Sold by
Czarnecki Julian V
Bought by
Czarnecki Julian V and Julian V Czarnecki Revocable Trust

Purchase Details

Closed on
Oct 24, 2003
Sold by
Woodruff John R and Woodruff Nancy
Bought by
Czarnecki Julian V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Benton Matthew $227,500 First American Title
Czarnecki Julian V -- Attorney
Czarnecki Julian V $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benton Matthew $222,888
Previous Owner Czarnecki Julian V $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $227,500 -1.0% $246 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $229,900 -- $249 / 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 $6,140 $89,237 $32,572 $56,665
2023 $5,835 $82,520 $30,120 $52,400
2022 $5,701 $79,320 $28,950 $50,370
2021 $5,466 $77,350 $28,230 $49,120
2020 $5,333 $75,650 $27,610 $48,040
2019 $4,973 $71,920 $26,250 $45,670
2018 $4,530 $67,400 $24,600 $42,800
2017 $4,087 $64,220 $23,440 $40,780
2016 $4,663 $60,500 $22,080 $38,420
2015 $4,588 $56,360 $20,570 $35,790
2014 $4,767 $58,540 $32,850 $25,690
2013 $4,545 $59,360 $33,310 $26,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10110511

Midwest Real Estate Data (MRED)

APN: 06-09-411-016