Seller's Agent in 2022
Joan Eicken
@ Properties
(708) 738-5686
10 in this area
29 Total Sales
720 S Madison Ave La Grange, IL 60525
Estimated Value: $470,000 - $603,000
3
Beds
1.5
Baths
1,456
Sq Ft
$386/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is near a park
- Wood Flooring
- Spring Avenue Elementary School Rated A
- Recreation Room
- Fenced Yard
About This Home
As of June 2022Classic, brick Georgian-Colonial in sought-after Country Club location. Relaxing, covered front porch is perfect for fully enjoying summer and fall evenings. The large, bright living room features a gas fireplace and HW floors. The sun-drenched dining room opens to the updated kitchen with newer appliances (refrigerator 2020), maple cabinets, spacious granite counter tops, and a pantry closet - all overlooking the lovely, fenced backyard. A convenient powder room is also on the main floor. Upstairs you'll find a bright, roomy landing, 3 spacious bedrooms with HW floors, access to a walk-up attic, and a full bathroom. The basement features a finished rec room with built-in shelving, an office area, large storage space, and the laundry room (washer/dryer new 2020). The detached 2 1/2 car garage (new in 2004) offers a finished area on the second floor ideal for additional storage or perfecting your putt! Convenient to schools, Metra train, parks, and all of the shops and restaurants that vibrant downtown La Grange has to offer. Many improvements throughout the house, including an attic fan and whole house fan (2019). Please see additional info for complete list of "news and upgrades" that make this meticulously maintained home truly turn-key.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475137210 Listed on: 04/28/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,464
Lot Details
- Lot Dimensions are 50 x 123
- Fenced Yard
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Colonial Architecture
- Georgian Architecture
Interior Spaces
- 2-Story Property
- Whole House Fan
- Gas Log Fireplace
- Living Room with Fireplace
- Dining Room
- Recreation Room
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Spring Ave Elementary School
- Wm F Gurrie Middle School
- Lyons Twp High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Porch
- Property is near a park
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2022
Closed on
Jun 6, 2022
Sold by
Gertsmeier David A and Gertsmeier Mary M
Bought by
Korn Tracy and Mallory Samuel
Seller's Agent
Joan Eicken
@properties Christie's International Real Estate
Buyer's Agent
Maggie Diedrick
Keller Williams ONEChicago
List Price
$515,000
Sold Price
$520,000
Premium/Discount to List
$5,000
0.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,957
Avg. Annual Appreciation
2.33%
Original Mortgage
$416,000
Outstanding Balance
$396,201
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$165,756
Purchase Details
Closed on
Oct 28, 1998
Sold by
Schaeffer Raymond J and Fox Elizabeth A
Bought by
Gertsmeier David A and Gertsmeier Mary M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.78%
Purchase Details
Closed on
Aug 13, 1993
Sold by
Androwich Michael J and Androwich Joanne M
Bought by
Schaeffer Raymond J and Fox Elizabeth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
7.24%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Korn Tracy | $520,000 | None Listed On Document | |
| Gertsmeier David A | $270,000 | 1St American Title | |
| Schaeffer Raymond J | $149,333 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Korn Tracy | $416,000 | |
| Previous Owner | Gertsmeier David A | $205,000 | |
| Previous Owner | Schaeffer Raymond J | $179,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2022 06/16/22 | Sold | $520,000 | +1.0% | $357 / Sq Ft |
| 05/01/2022 05/01/22 | Pending | -- | -- | -- |
| 04/28/2022 04/28/22 | For Sale | $515,000 | -- | $354 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,191 | $46,400 | $5,996 | $40,404 |
| 2023 | $8,411 | $46,400 | $5,996 | $40,404 |
| 2022 | $8,411 | $33,372 | $5,228 | $28,144 |
| 2021 | $8,098 | $33,371 | $5,227 | $28,144 |
| 2020 | $8,464 | $35,512 | $5,227 | $30,285 |
| 2019 | $7,711 | $32,678 | $4,766 | $27,912 |
| 2018 | $8,277 | $35,226 | $4,766 | $30,460 |
| 2017 | $8,057 | $35,226 | $4,766 | $30,460 |
| 2016 | $7,696 | $30,650 | $4,151 | $26,499 |
| 2015 | $8,387 | $33,751 | $4,151 | $29,600 |
| 2014 | $8,233 | $33,751 | $4,151 | $29,600 |
| 2013 | $9,592 | $40,053 | $4,151 | $35,902 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Eicken
-
Maggie Diedrick
Buyer's Agent in 2022
Maggie Diedrick
Keller Williams ONEChicago
(773) 370-8051
5 in this area
85 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11388052
APN: 18-09-122-018-0000
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