Seller's Agent in 2020
Moin Haque
Coldwell Banker Realty
(630) 518-0806
4 in this area
244 Total Sales
722 39th St Downers Grove, IL 60515
Estimated Value: $992,000 - $1,714,000
5
Beds
6
Baths
6,387
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Indoor Pool
- Sauna
- Recreation Room
- Highland Elementary School Rated A-
- Deck
- Double Shower
About This Home
As of September 2020INCREDIBLE OPPORTUNITY! PRICED UNDER APPRAISED VALUE! Impressive and classic Medieval Castle-style home with private gated entrance, located in the heart of Downers Grove. A true masterpiece of design and quality, mind-blowing ambiance and amenities. Impeccably landscaped and serenely surrounded by nature on over 1.8 acres, with enough room to build another home on the north west corner of property. Beautiful water features built by AQUASCAPE, including water fall and koi pond. Indoor pool, sauna, hot tub, and fountains surrounding tranquil reflection pool. Spectacular pool view and access to indoor pool from master bedroom. Updated, must see master bath with heated floor, shower, steamer and heated towel stand. Spacious great/family room to entertain over 60 people. 1st floor bedroom & full bath, ideal for in-laws. Finished Basement with gym, entertainment area, dancing floor and game room. This home is truly stunning. Recently put the brand new wrap around wood deck worth over $90K. Appraised for over $2.6MM but seller's loss is your gain!
Last Agent to Sell the Property
Coldwell Banker Realty License #471011151 Listed on: 05/05/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,592
Year Built | Renovated
- 1952 | 2010
Lot Details
- East or West Exposure
- Fenced Yard
Parking
- Attached Garage
- Parking Available
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- English Architecture
- Slab Foundation
- Slate Roof
- Stone Siding
- Limestone
Interior Spaces
- Vaulted Ceiling
- Skylights
- Wood Burning Fireplace
- Gas Log Fireplace
- Entrance Foyer
- Breakfast Room
- Home Office
- Library
- Recreation Room
- Game Room
- First Floor Utility Room
- Sauna
- Home Gym
- Storm Screens
Kitchen
- Breakfast Bar
- Butlers Pantry
- Built-In Double Oven
- Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Double Shower
- Separate Shower
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Pool
- Indoor Pool
- In Ground Pool
- Spa
Outdoor Features
- Deck
- Brick Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2020
Closed on
Aug 31, 2020
Sold by
Batchu Koteswara Rao
Bought by
Pervez Mohammed and Babar Reema
Seller's Agent
Moin Haque
Coldwell Banker Realty
Buyer's Agent
Moin Haque
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
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
$422,695
Avg. Annual Appreciation
6.65%
Original Mortgage
$1,045,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 5, 2020
Closed on
Aug 19, 2020
Sold by
Batchu Foundation
Bought by
Batchu Koteswara Roa and Koteswara Rao Batchu Living Trust
Seller's Agent
Moin Haque
Coldwell Banker Realty
Buyer's Agent
Moin Haque
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,045,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2018
Sold by
Batchu Foundation
Bought by
Batchu Kotsewara Rao and Kotsewara Rao Batchu Living Trust
Purchase Details
Closed on
May 4, 2017
Sold by
Batchu Koteswara R
Bought by
Foundation Batchu
Purchase Details
Closed on
Oct 23, 1997
Sold by
Batchu Koteswara
Bought by
Batchu Koteswara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 1994
Sold by
Batchu Koteswara and Loeb Barbara B
Bought by
Batchu Koteswara
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 |
|---|---|---|---|
| Pervez Mohammed | $1,100,000 | North American Title Company | |
| Batchu Koteswara Roa | -- | North American Title Company | |
| Batchu Kotsewara Rao | -- | Attorney | |
| Foundation Batchu | -- | None Available | |
| Batchu Koteswara | -- | First American Title | |
| Batchu Koteswara | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parvez Mohammed | $100,000 | |
| Closed | Parvez Mohammed | $60,000 | |
| Open | Parvez Mohammed | $1,235,500 | |
| Closed | Batchu Koteswara Roa | $1,045,000 | |
| Previous Owner | Batchu Koteswara | $873,000 | |
| Previous Owner | Batchu Koteswara | $1,521,000 | |
| Previous Owner | Batchu Koteswara | $351,000 | |
| Previous Owner | Batchu Koteswara | $500,000 | |
| Previous Owner | Batchu Koteswara | $670,000 | |
| Previous Owner | Batchu Koteswara R | $696,000 | |
| Previous Owner | Batchu Koteswara R | $750,000 | |
| Previous Owner | Batchu Koteswara | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2020 09/01/20 | Sold | $1,100,000 | -8.3% | $172 / Sq Ft |
| 07/27/2020 07/27/20 | For Sale | $1,200,000 | 0.0% | $188 / Sq Ft |
| 07/08/2020 07/08/20 | Pending | -- | -- | -- |
| 06/20/2020 06/20/20 | Pending | -- | -- | -- |
| 05/05/2020 05/05/20 | For Sale | $1,200,000 | -- | $188 / 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 | $23,592 | $419,508 | $106,280 | $313,228 |
| 2023 | $22,615 | $387,930 | $98,280 | $289,650 |
| 2022 | $21,618 | $372,910 | $94,470 | $278,440 |
| 2021 | $19,963 | $363,640 | $92,120 | $271,520 |
| 2020 | $34,721 | $620,720 | $90,100 | $530,620 |
| 2019 | $33,372 | $590,150 | $85,660 | $504,490 |
| 2018 | $31,974 | $558,650 | $81,090 | $477,560 |
| 2017 | $30,712 | $532,350 | $77,270 | $455,080 |
| 2016 | $29,128 | $501,500 | $72,790 | $428,710 |
| 2015 | $27,005 | $467,200 | $67,810 | $399,390 |
| 2014 | $27,112 | $450,900 | $88,650 | $362,250 |
| 2013 | $27,094 | $457,260 | $89,900 | $367,360 |
Source: Public Records
Agents Affiliated with this Home
-
Moin Haque
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10706263
APN: 06-32-400-012
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