NOT LISTED FOR SALE

7018 40th Place Berwyn, IL 60402

Estimated Value: $275,000 - $419,392

4 Beds
3 Baths
2,745 Sq Ft
$134/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $343,900 $125 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,450/month

164 Days on Market

Highlights

  • Open Floorplan
  • 2 Car Detached Garage
  • Double Pane Windows
  • Attic
  • Enclosed Patio or Porch
  • Living Room

About This Home

As of January 2023

BRING THOSE BUYERS OUT THEY WILL NOT BE DISSAPOINTED WITH THIS BEAUTIFUL COMPLETE REHABED BRICK RANCH. IT OFFERS 3 FINISHED LEVELS OF LIVING SPACE. THE 1ST FLOOR OFFERS ONE GOOD SIZE BEDROOM NEW CUSTOM KITCHEN CABINETS, GRANITE COUNTER TOPS AND ALL STAINLESS STEEL APPLIANCES AND A FULL CUSTOM BATH. THE SECOND FLOOR OFFERS TWO BEDROOMS AND A FULL BATH. THE BASEMENT HAS A FAMILY ROOM ONE BEDROOM AND A FULL BATH AS WELL EVERYTHING HAS BEEN REDONE, THERE'S NOTHING TO DO BUT MOVE IN AND START ENJOYING THIS BEAUTIFUL REHABED HOME....!!!!

Last Agent to Sell the Property

Zeferino Martinez

RE/MAX 10 License #475136332 Listed on: 07/02/2022

RE/MAX 10

Last Buyer's Agent

JC Gonzalez

Cloud Gate Realty LLC License #471021849

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,257

Year Built

  • Built in 1952 | Remodeled in 2022

Lot Details

  • 3,690 Sq Ft Lot
  • Lot Dimensions are 30x123

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Step Ranch
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,745 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Family Room Downstairs
  • Living Room
  • Laminate Flooring
  • Pull Down Stairs to Attic
  • Storm Screens

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Finished Basement

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

Utilities

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

Additional Features

  • Doors are 36 inches wide or more
  • Enclosed Patio or Porch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,257

Year Built

Built in 1952 | 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: Step Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Open Floorplan
  • LivingArea: 2745
  • Other Equipment: TV-Cable
  • Room Type: Attic, Enclosed Porch, Family Room
  • Estimated Total Finished Sq Ft: 2745
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Total Sq Ft: 2745
  • Attic: Interior Stair
  • Door Features: 36" Minimum Entry Door
  • Window Features: Double Pane Windows

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0847
  • Lot Dimensions: 30X123
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5257.11
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 9, 2022
Sold by
R & D Ortiz Llc
Bought by
Perez Jennyce
Seller's Agent
Allen Snyder
RE/MAX Partners
Buyer's Agent
Zeferino Martinez
RE/MAX 10
Sold Price
$166,500
Current Estimated Value
$366,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,348
Avg. Annual Appreciation
21.71%
Original Mortgage
$337,670
Interest Rate
6.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 20, 2021
Sold by
Voss Ronald and Voss Lou Wanda
Bought by
R & D Ortiz Llc
Seller's Agent
Allen Snyder
RE/MAX Partners
Buyer's Agent
Zeferino Martinez
RE/MAX 10
Sold Price
$166,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,670
Interest Rate
6.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 1997
Sold by
Pinnacle Bank
Bought by
Voss Ronald and Voss Lou Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.65%
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

Date Buyer Sale Price Title Company
Perez Jennyce $344,000 None Listed On Document
R & D Ortiz Llc $166,500 Chicago Title
Voss Ronald $78,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Jennyce $337,670
Previous Owner Voss Ronald $104,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2023 01/13/23 Sold $343,900 +1.5% $125 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
11/15/2022 11/15/22 Price Changed $338,900 -2.9% $123 / Sq Ft
11/02/2022 11/02/22 Price Changed $348,900 -5.1% $127 / Sq Ft
09/22/2022 09/22/22 Price Changed $367,500 -3.0% $134 / Sq Ft
08/16/2022 08/16/22 Price Changed $378,901 -2.8% $138 / Sq Ft
07/21/2022 07/21/22 For Sale $389,901 0.0% $142 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $389,901 +134.2% $142 / Sq Ft
12/20/2021 12/20/21 Sold $166,500 -10.0% $182 / Sq Ft View Prior Sale
11/18/2021 11/18/21 Pending -- -- --
10/29/2021 10/29/21 For Sale -- -- --
10/25/2021 10/25/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $185,000 -- $202 / 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 $6,334 $19,000 $3,321 $15,679
2023 $6,757 $19,000 $3,321 $15,679
2022 $6,757 $17,025 $2,860 $14,165
2021 $5,262 $17,024 $2,859 $14,165
2020 $5,257 $17,024 $2,859 $14,165
2019 $4,601 $14,173 $2,583 $11,590
2018 $4,489 $14,173 $2,583 $11,590
2017 $4,387 $14,173 $2,583 $11,590
2016 $4,107 $11,857 $2,121 $9,736
2015 $3,923 $11,857 $2,121 $9,736
2014 $3,836 $11,857 $2,121 $9,736
2013 $4,858 $15,355 $2,121 $13,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11453219

Midwest Real Estate Data (MRED)

APN: 19-06-105-034-0000