NOT LISTED FOR SALE

7229 Main St Downers Grove, IL 60516

South Downers Grove Neighborhood

Estimated Value: $552,000 - $664,000

4 Beds
3 Baths
2,316 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $360,000 $155 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,966/month

30 Days on Market

Highlights

  • Attached Garage
  • El Sierra Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of February 2019

Located on a rare deep lot in the heart of Downers Grove this spacious 2 story home is truly one of a kind! The home provides a floor plan unlike many homes of this size, the property has a large family room off kitchen which offers vaulted ceilings, fireplace and tons of natural sunlight! There are 4 bedrooms, the master suite is very spacious, full basement and so much more! The home is ideally located minutes from I-355 and I-55, blocks from 75th and Lemont, this is truly the heart of Downers Grove!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 12/31/2018

RE/MAX Premier

Last Buyer's Agent

Rosa Andersen

Realty Executives Midwest License #475125669

Realty Executives Midwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,305

Year Built

  • 1986

Lot Details

  • 0.32

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Frame Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,305

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1986
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 21X12, On Level: Main Level, Windows: None
  • Basement: Slab
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X9, On Level: Main Level, Windows: None
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X18, On Level: 2nd Level, Windows: None
  • Bedroom 2: Dimensions: 15X10, On Level: 2nd Level, Windows: None
  • Bedroom 3: Dimensions: 13X10, On Level: 2nd Level, Windows: None
  • Bedroom 4: Dimensions: 14X11, On Level: 2nd Level, Windows: None
  • Estimated Sq Ft: 2316
  • Family Room: Dimensions: 20X16, On Level: Main Level, Windows: None

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame
  • Acreage: 0.3239

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 2316

Schools

  • School District: 99
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 14,108
  • Parcel Identification Number: 0929101012

Tax Info

  • Taxes: 7424.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2018
Closed on
Feb 25, 2019
Sold by
Us Bank Na
Bought by
Abraham Richard S and Abraham Jennifer C
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Rosa Andersen
Realty Executives Midwest
List Price
$374,900
Sold Price
$360,000
Premium/Discount to List
-$14,900
-3.97%
Current Estimated Value
$599,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,566
Avg. Annual Appreciation
8.02%
Original Mortgage
$288,000
Outstanding Balance
$254,964
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$344,602

Purchase Details

Closed on
Sep 17, 2018
Sold by
Pantola Paul M
Bought by
Us Bank Na and Rmac Trust

Purchase Details

Closed on
Jan 19, 2006
Sold by
Pantola Paul M
Bought by
Pantola Paul M and Healy Kimberly A

Purchase Details

Closed on
Sep 8, 2005
Sold by
Alvarez Gerardo J and Alvarez Kara
Bought by
Pantola Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,800
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 1998
Sold by
Welch Stephen and Welch Karen
Bought by
Alvarez Gerardo J and Alvarez Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.72%
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
Abraham Richard S $360,000 Fidelity National Title
Us Bank Na -- Attorney
Pantola Paul M -- None Available
Pantola Paul M $421,000 First American Title
Alvarez Gerardo J $236,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Richard S $288,000
Previous Owner Pantola Paul M $336,800
Previous Owner Alvarez Gerardo J $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $360,000 -4.0% $155 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $374,900 -- $162 / 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 $9,305 $170,524 $62,984 $107,540
2023 $8,843 $156,760 $57,900 $98,860
2022 $7,232 $128,880 $54,310 $74,570
2021 $6,768 $127,410 $53,690 $73,720
2020 $6,642 $124,890 $52,630 $72,260
2019 $6,429 $119,830 $50,500 $69,330
2018 $7,411 $135,670 $50,250 $85,420
2017 $7,425 $134,880 $48,350 $86,530
2016 $7,278 $128,720 $46,140 $82,580
2015 $7,199 $121,100 $43,410 $77,690
2014 $7,204 $117,750 $42,210 $75,540
2013 $7,057 $117,200 $42,010 $75,190
Source: Public Records

Agents Affiliated with this Home

  • Ryan Smith

    Seller's Agent in 2019

    Ryan Smith

    RE/MAX Premier

    (312) 810-9680

    791 Total Sales

    Ryan Smith
    Section Image
  • Rosa Andersen

    Buyer's Agent in 2019

    Rosa Andersen

    Realty Executives

    (630) 745-0266

    3 in this area

    139 Total Sales

    Rosa Andersen
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10162809

Midwest Real Estate Data (MRED)

APN: 09-29-101-012

Illinois DuPage County Downers Grove 60516 South Downers Grove

7229 Main St, Downers Grove, IL

This home is located at 7229 Main St, Downers Grove, IL 60516 since 31 December 2018 and is currently estimated at $599,566, approximately $258 per square foot. This property was built in 1986. 7229 Main St is a home located in DuPage County with nearby schools including El Sierra Elementary School, O'Neill Middle School, and Downers Grove South High School.

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