NOT LISTED FOR SALE

7115 40th Place Berwyn, IL 60402

Estimated Value: $279,000 - $341,000

2 Beds
1.5 Baths
1,008 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $245,000 $243 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,203/month

7 Days on Market

Highlights

  • Loft
  • Formal Dining Room
  • Garage ceiling height seven feet or more
  • Workshop
  • 1 Car Detached Garage
  • Living Room

About This Home

As of July 2022

Frame 1.5 story bungalow on a double lot features living room, dining room, eat-in kitchen with panty closet, two bedrooms and two walk-in closets and full bathroom on the main floor. Attic has one finished room and huge, unfinished storage area. Full basement with laundry and utility room , workshop, 3/4 bathroom and two additional rooms. Cement side driveway to huge garage / shop. Fenced in double lot. Property is sold strictly as-is with Buyer assuming all Village Compliance Repairs. Excellent potential to flip, hold and rent, or even build new.

Last Agent to Sell the Property

Alicia Snyder-Poulos

RE/MAX Partners License #471009100 Listed on: 05/10/2022

RE/MAX Partners

Co-Listed By

Allen Snyder

RE/MAX Partners License #471003335

Last Buyer's Agent

Luis Ortiz

RE/MAX Partners License #475136884

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,695

Year Built

  • Built in 1913

Lot Details

  • Additional Parcels

Parking

  • 1 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Loft
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room with Study Area
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Partially Finished Basement

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,695

Year Built

Built in 1913

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1008
  • Room Type: Loft, Storage, Workshop, Other Room, Workshop
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Interior Stair

Exterior Features

  • List Price: 249500
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete,Side Drive
  • Garage Details: 7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Fuses
  • Heating: Natural Gas
  • 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

Schools

  • Middle/Junior School District: 103

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 7380
  • 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: 5694.89
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 29, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Padilla Victor A Ponce
Seller's Agent
Alicia Snyder-Poulos
RE/MAX Partners
Buyer's Agent
Luis Ortiz
RE/MAX Partners
List Price
$249,500
Sold Price
$245,000
Premium/Discount to List
-$4,500
-1.8%
Current Estimated Value
$305,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,201
Avg. Annual Appreciation
6.88%
Source: Public Records

Range of Values:

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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
Padilla Victor A Ponce $245,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $245,000 -1.8% $243 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $249,500 -- $248 / 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 $7,001 $21,000 $3,321 $17,679
2023 $4,907 $21,000 $3,321 $17,679
2022 $4,907 $12,364 $2,860 $9,504
2021 $4,751 $12,363 $2,859 $9,504
2020 $4,669 $12,363 $2,859 $9,504
2019 $3,895 $9,095 $2,583 $6,512
2018 $3,802 $9,095 $2,583 $6,512
2017 $4,231 $10,415 $2,583 $7,832
2016 $5,056 $11,523 $2,121 $9,402
2015 $4,896 $11,523 $2,121 $9,402
2014 $4,758 $11,523 $2,121 $9,402
2013 $5,053 $13,236 $2,121 $11,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11399143

Midwest Real Estate Data (MRED)

APN: 19-06-106-020-0000