NOT LISTED FOR SALE

Estimated Value: $550,000

4 Beds
3 Baths
1,842 Sq Ft
$299/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $775,000 $421 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $3,455/month

1 Day on Market

Highlights

  • 2.36 Acre Lot
  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Kingsley Elementary School Rated A-
  • Lower Floor Utility Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Here it is ! Rarely available home on a huge, unique lot! Owner has lived there since 1975. Value is in the land but the brick home is very nice and big and will need rehabbing and will be sold " AS-IS'. Home has 4 bedrooms and 3 baths, brick 2 car garage, and space galore. This Home sits on a 2.36 acre, 155' wide x 661' deep, 102,802 sqft lot. Nothing like this is available. Lot is zoned R5-A . Many options here- keep the home and build new homes on the rest of the land, develop the complete lot or just keep the way it is , very rare space to do what you desire. Tremendous Development / Investment opportunity in highly desired Downers grove. This is a residential lot and has so much potential to let your imagination take you to Serenity! Location location location..Highly rated schools, close to shopping and restaurants, close to all Interstate X-ways. Lot is accessible ! Existing driveway off Dunham Rd and also if Lot is subdivided, both North and South access from Matthias Rd, which currently terminates very close to the north and south property lines. Please call Listing agent and walk the lot. Please look watch the drone video. Call with any questions.

Last Agent to Sell the Property

George Khalaf

Hometown Real Estate Group LLC License #475122368 Listed on: 03/27/2021

Hometown Real Estate Group LLC

Last Buyer's Agent

George Khalaf

Hometown Real Estate Group LLC License #475122368 Listed on: 03/27/2021

Hometown Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,418

Year Built

  • Built in 1955

Lot Details

  • 2.36 Acre Lot
  • Lot Dimensions are 155 x 661

Parking

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

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Lower Floor Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Schools

  • Kingsley Elementary School
  • O Neill Middle School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,418

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1842
  • Room Type: Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 899000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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: Kingsley Elementary School
  • High School: South High School
  • Middle/Junior School: O Neill Middle School
  • Middle/Junior School District: 58

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.3637
  • Lot Dimensions: 155 X 661
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5417.54
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 28, 2021
Sold by
Poovathumkal Mary C and Chacko Cyril P
Bought by
Kapovich John and Kapovich Audrey
Seller's Agent
George Khalaf
Hometown Real Estate Group LLC
Buyer's Agent
George Khalaf
Hometown Real Estate Group LLC
List Price
$899,000
Sold Price
$775,000
Premium/Discount to List
-$124,000
-13.79%
Current Estimated Value
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$225,000

Purchase Details

Closed on
Nov 24, 2020
Sold by
Poovathumkal Mary C and Poovathumkal Chacko K
Bought by
Poovathumkal Mary C and Chacko Cyril P

Purchase Details

Closed on
Apr 9, 2003
Sold by
Poovathumkal Chacko K and Poovathumkal Mary C
Bought by
Poovathumkal Chacko K and Poovathumkal Mary C
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
Kapovich John $775,000 Chicago Title
Poovathumkal Mary C -- Attorney
Poovathumkal Chacko K -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $775,000 -13.8% $421 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $899,000 -- $488 / 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
2021 $5,707 $109,090 $49,320 $59,770
2020 $5,707 $106,930 $48,340 $58,590
2019 $5,418 $102,600 $46,380 $56,220
2018 $5,102 $95,890 $41,930 $53,960
2017 $4,935 $92,270 $40,350 $51,920
2016 $5,316 $96,800 $38,510 $58,290
2015 $5,284 $91,070 $36,230 $54,840
2014 $6,033 $100,250 $35,230 $65,020
2013 $6,857 $114,800 $50,080 $64,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11034721

Midwest Real Estate Data (MRED)

APN: 09-29-100-004