NOT LISTED FOR SALE

7021 40th St Berwyn, IL 60402

Estimated Value: $309,000 - $359,000

3 Beds
2 Baths
954 Sq Ft
$353/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $244,000 $256 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,405/month

67 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Steam Shower
  • Deck
  • Main Floor Bedroom
  • Detached Garage

About This Home

As of March 2018

Spectacular Remolded Single Family with Huge 2.5 Car Garage and Gigantic Rear Deck.Everything inside this home brand new and no detail was overlooked. Spacious bedrooms with good size closets. New Stainless steel appliances including new refrigerator,stove and microwave. Full finished basement with seaprate laundry area. Schedule your private viewing today.

Last Agent to Sell the Property

Irma Mejia

Coldwell Banker Realty License #475128899 Listed on: 12/18/2017

Coldwell Banker Realty

Last Buyer's Agent

The Galarza Team

Century 21 New Beginnings License #475113749

Century 21 New Beginnings

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,896

Year Built | Renovated

  • 1919 | 2017

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Steam Shower
  • Separate Shower

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Dining Area
  • North or South Exposure
  • Deck
  • Landscaped Professionally

Listing and Financial Details

  • $7,320 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,896

Year Built | Renovated

1919 | 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 3000
  • Style Of House: Bungalow
  • Type Detached: 2 Stories
  • Estimated Year Built: 1919
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919
  • Year Renovated: 2017

Interior Features

  • Interior Property Features: Hardwood Floors, Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Refrigerator
  • Attic: Finished, Full, Interior Stair
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Separate Shower, Steam Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X20, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 12X16, On Level: Main Level
  • Additional Room 1 Name: Eating Area, Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level
  • Bedroom 3: Dimensions: 16X20, On Level: 2nd Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 954
  • Estimated Total Finished Sq Ft: 3000
  • Lower Level Sq Ft: 900
  • Main Level Sq Ft: 1200
  • Upper Level Sq Ft: 900
  • Dining Room Type: Combined w/ FamRm

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: N (North)
  • Acreage: 0.0847

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 201
  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: 30 X 123
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 19061050110000

Tax Info

  • Taxes: 3633.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2017
Closed on
Mar 22, 2018
Sold by
Hernandez George
Bought by
Vargas Michelle
Seller's Agent
Irma Mejia
Coldwell Banker Realty
Buyer's Agent
The Galarza Team
Century 21 New Beginnings
List Price
$249,900
Sold Price
$244,000
Premium/Discount to List
-$5,900
-2.36%
Current Estimated Value
$336,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,547
Avg. Annual Appreciation
4.82%
Original Mortgage
$239,580
Outstanding Balance
$211,756
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$134,699

Purchase Details

Closed on
Mar 12, 2017
Sold by
V Mortgage Reo 1 Llc
Bought by
Hernandez George

Purchase Details

Closed on
Dec 19, 2016
Sold by
Banahan Kathy
Bought by
Vmortgage Reo 1 Llc

Purchase Details

Closed on
Nov 11, 2005
Sold by
Schoessling Kathleen M
Bought by
Banahan Thomas and Banahan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 22, 1995
Sold by
Gray Laverne and Gray James W
Bought by
Bank Of Lyons

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
8.26%
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
Vargas Michelle $244,000 Greater Illinois Title
Hernandez George $82,000 Attorney
Vmortgage Reo 1 Llc -- None Available
Banahan Thomas -- Tristar Title Llc
Bank Of Lyons -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Michelle $21,845
Closed Vargas Michelle $24,004
Open Vargas Michelle $239,580
Previous Owner Banahan Kathy $258,174
Previous Owner Banahan Thomas $254,359
Previous Owner Banahan Thomas $248,776
Previous Owner Banahan Thomas $204,000
Previous Owner Banahan Thomas $34,500
Previous Owner Banahan Thomas $224,000
Previous Owner Schoessling Kathleen M $106,000
Previous Owner Schoessling Kathleen M $35,000
Previous Owner Schoessling Kathleen M $27,800
Previous Owner Schoessling Kathleen M $50,000
Previous Owner Schoessling Kathleen M $113,500
Previous Owner Schoessling Kathleen M $17,000
Previous Owner Schoessling Kathleen M $110,092
Previous Owner Bank Of Lyons $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold $244,000 -2.4% $256 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $249,900 -- $262 / 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 $6,896 $24,000 $3,321 $20,679
2023 $7,148 $24,000 $3,321 $20,679
2022 $7,148 $21,892 $2,860 $19,032
2021 $6,955 $21,429 $2,859 $18,570
2020 $6,921 $21,429 $2,859 $18,570
2019 $5,208 $15,591 $2,583 $13,008
2018 $6,518 $15,591 $2,583 $13,008
2017 $3,741 $12,584 $2,583 $10,001
2016 $3,808 $11,174 $2,121 $9,053
2015 $3,633 $11,174 $2,121 $9,053
2014 $3,554 $11,174 $2,121 $9,053
2013 $3,824 $13,399 $2,121 $11,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09819119

Midwest Real Estate Data (MRED)

APN: 19-06-105-011-0000