NOT LISTED FOR SALE

701 W Merle Ave Villa Park, IL 60181

Estimated Value: $321,799 - $355,000

3 Beds
1 Bath
1,073 Sq Ft
$315/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $290,100 $270 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,181/month

6 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Stainless Steel Appliances
  • Willowbrook High School Rated A
  • Granite Countertops
  • 2.5 Car Detached Garage

About This Home

As of June 2022

Move into this completely updated 3 bedroom 1 bath ranch home with hardwoods throughout and lots of natural light. Kitchen is open to the family room with eat-in table area, granite countertops, stainless steel appliances, and breakfast bar. Kitchen appliances and washer & dryer 2022 (never been used) All three bedrooms have hardwood floors, ceiling fans, and large closet space. The laundry room is off the kitchen for convenience. Large covered concrete porch. Detached 2.5 car garage with extra storage space. New landscaping and driveway resealed May of 2022. This home is updated and ready for you to make it yours. 1073 square feet. AC 2021 and roof 2018.

Last Agent to Sell the Property

Arden Porcelli

@properties Christie's International Real Estate License #475170341 Listed on: 05/18/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Everardo Reyes

Net Realty Corp License #475146253

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,651

Year Built

  • Built in 1958 | Remodeled in 2022

Lot Details

  • 8,276

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,073 Sq Ft Home
  • Living Room

Kitchen

  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Schafer Elementary School
  • Jefferson Middle School
  • Willowbrook High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,651

Year Built

Built in 1958 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, Granite Counters
  • LivingArea: 1073
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1073
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1073

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Schafer Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Jefferson Middle School

Lot Info

  • Lot Dimensions: 8276
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1650.88
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 23, 2022
Sold by
Kostro Matthew
Bought by
Vargas Eber Bautista
Seller's Agent
Arden Porcelli
@properties Christie's International Real Estate
Buyer's Agent
Everardo Reyes
Net Realty Corp
List Price
$279,900
Sold Price
$290,100
Premium/Discount to List
$10,200
3.64%
Current Estimated Value
$338,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,100
Avg. Annual Appreciation
4.69%
Original Mortgage
$284,845
Outstanding Balance
$270,360
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$67,840

Purchase Details

Closed on
Aug 31, 2021
Sold by
Kostro Jeanne M and Nogowski Lawrence
Bought by
Kostro Matthew

Purchase Details

Closed on
Dec 4, 2020
Sold by
Kostro Jeanne M and Evelyn A Pasek Trust
Bought by
Kostro Jeanne M and Nogowski Lawrenec
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Eber Bautista $290,500 New Title Company Name
Kostro Matthew $150,000 None Available
Kostro Jeanne M -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Eber Bautista $284,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $290,100 +3.6% $270 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $279,900 -- $261 / 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 $4,929 $73,221 $13,063 $60,158
2023 $4,675 $67,710 $12,080 $55,630
2022 $4,593 $65,080 $11,610 $53,470
2021 $1,652 $63,460 $11,320 $52,140
2020 $1,651 $62,070 $11,070 $51,000
2019 $1,627 $59,010 $10,520 $48,490
2018 $1,732 $52,210 $9,310 $42,900
2017 $1,780 $49,750 $8,870 $40,880
2016 $1,845 $46,870 $8,360 $38,510
2015 $2,976 $43,670 $7,790 $35,880
2014 $1,956 $54,180 $15,540 $38,640
2013 $1,836 $54,940 $15,760 $39,180
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11323247

Midwest Real Estate Data (MRED)

APN: 06-04-107-008