NOT LISTED FOR SALE

702 Maple Ave Downers Grove, IL 60515

Estimated Value: $1,498,000 - $1,836,000

5 Beds
5 Baths
4,450 Sq Ft
$363/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $880,000 $198 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,622/month

7 Days on Market

Highlights

  • The property is located in a historic district
  • Landscaped Professionally
  • Vaulted Ceiling
  • Whittier Elementary School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of March 2016

See this home & fall in love. It sits on a 68x284 ft.lot. Character abounds in this incredible light & bright farmhouse.Built in 2002 & extensively renovated in 2008. Just blocks from town,train,restaurants & shopping. Open floor plan,10 ft. ceilings,HWF's throughout. custom kitchen w/amish cabinets, stainless appliances, including a wolf stove. 1st floor den/bedroom with a door to the side patio & yard.The second floor offers 4 bdrms, 3 baths, laundry & access to the third floor that is ready to be finished. The lower level has an extra 2200 sq. ft. of living space. It has bamboo flooring, a recreation/play area, exercise area, bedroom & bath.There is also a workshop in the utility area.All these features are in understated elegance. The main floor & hallways were just painted in January 2016. There is a security system, sprinkler system, central vac & a whole house generator.The porch was just ungraded in 2014 with architectural PVC wrap on porch & steps.Also a Oversized 3 car gar.

Last Agent to Sell the Property

Linda Palamar

Charles Rutenberg Realty of IL License #475122989 Listed on: 01/18/2016

Charles Rutenberg Realty of IL

Last Buyer's Agent

Patti Michels

Compass License #475141453

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 2002

Lot Details

  • Southern Exposure
  • Landscaped Professionally

Parking

  • Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Breakfast Room
  • Den
  • Workroom
  • Recreation Room
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Butlers Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio
  • Porch

Utilities

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

Additional Features

  • North or South Exposure
  • The property is located in a historic district

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: Commuter Train, Historical District
  • Recent Rehab: Yes
  • Age: 11-15 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Farmhouse
  • Type Detached: 3 Stories
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 2nd Floor Laundry
  • Number Of Rooms: 13
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, CO Detectors, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Radon Mitigation System(s), Power Generator
  • Fireplace Details: Gas Logs
  • Attic: Full, Interior Stair, Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X6, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Island, Pantry-Butler, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Breakfast Room, Den, Foyer, Mud Room, Recreation Room, Walk In Closet, Workroom
  • Master Bedroom: Dimensions: 18X18, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 1 Name: Den, Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 2 Name: 5th Bdrm, Dimensions: 13X12, On Level: Basement, Flooring: Hardwood, Windows: Shades
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 3 Name: Breakfast Rm, Dimensions: 12X18, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 4 Name: Recreation Rm, Dimensions: 40X30, On Level: Basement, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 16X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 5 Name: Work Rm, Dimensions: 14X26, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 6 Name: Foyer, Dimensions: 12X18, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 7 Name: Mud, Dimensions: 7X6, On Level: Main Level
  • Additional Room 8 Name: Walk in Closet, Dimensions: 9X5, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 4450
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X18, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 69 X 284
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 0908401013

Tax Info

  • Taxes: 17,083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Feb 18, 2016
Sold by
Levinthal Daniel and Levinthal Debra
Bought by
Klepper Stacy and Klepper Matthew S
Seller's Agent
Linda Palamar
Charles Rutenberg Realty of IL
Buyer's Agent
Patti Michels
Compass
List Price
$899,900
Sold Price
$880,000
Premium/Discount to List
-$19,900
-2.21%
Current Estimated Value
$1,615,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$735,097
Avg. Annual Appreciation
6.33%
Original Mortgage
$704,000
Outstanding Balance
$552,874
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,062,223

Purchase Details

Closed on
Jun 8, 2008
Sold by
Kosner Jerry J and Kosner Donna L
Bought by
Levinthal Daniel and Levinthal Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2006
Sold by
Bednard Mark R and Amstadt Christine A
Bought by
Kosner Jerry J and Kosner Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2003
Sold by
Downers Grove National Bank Of Downers G
Bought by
Bednard Mark R and Amstadt Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2000
Sold by
Orange Charles H and Orange Diane H
Bought by
Downers Grove National Bank and Trust #00022
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
Klepper Stacy $880,000 Multiple
Levinthal Daniel $820,000 None Available
Kosner Jerry J $878,000 Atg
Bednard Mark R $875,000 First American Title
Downers Grove National Bank $167,500 Burnet Title Llc
Downers Grove National Bank $167,500 Burnet Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klepper Stacy $704,000
Previous Owner Levinthal Daniel $560,000
Previous Owner Kosner Jerry J $200,000
Previous Owner Bednard Mark R $650,000
Closed Bednard Mark R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2016 03/10/16 Sold $880,000 -2.2% $198 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $899,900 -- $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 $26,815 $476,369 $92,604 $383,765
2023 $25,556 $437,920 $85,130 $352,790
2022 $18,447 $325,070 $80,610 $244,460
2021 $17,270 $321,370 $79,690 $241,680
2020 $16,957 $315,000 $78,110 $236,890
2019 $18,119 $332,080 $74,950 $257,130
2018 $18,883 $336,380 $74,520 $261,860
2017 $18,302 $323,690 $71,710 $251,980
2016 $17,965 $308,920 $68,440 $240,480
2015 $17,803 $290,640 $64,390 $226,250
2014 $17,083 $271,020 $56,920 $214,100
2013 $16,738 $269,750 $56,650 $213,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09118613

Midwest Real Estate Data (MRED)

APN: 09-08-401-013