724 N 5th Ave Addison, IL 60101
Estimated Value: $576,000 - $631,000
3
Beds
4
Baths
3,176
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- 0.36 Acre Lot
- Whirlpool Bathtub
- 2 Car Attached Garage
- Recreation Room
- Formal Dining Room
- Bidet
About This Home
As of April 2022Stately and Sophisticated Home in Addison! Conveniently located on a sizeable 0.36-acre lot, this magnificent 3BR/4BA, 3,176sqft as-is abode has timeless style and is rich with possibilities. Conveying natural elegance, the brick exterior offers subtle dapper charm, while the meticulous landscaping adds a luxurious touch of class and femininity. Once inside, you discover an organically flowing floorplan, soaring two-story ceilings, a marvelous and curving staircase, neutral paint hues, gleaming floors, and tons of luminous natural light. Entertainment-ready, the living room and eat-in kitchen offer an ideal space for gatherings and parties. Prepare delicious meals in the kitchen featuring sprawling countertops, ample wood cabinetry, side-by-side refrigerator, built-in microwave, dishwasher, pantry cabinet, recessed lighting, and a center island. Intimate gatherings of close friends and family may be enjoyed in the formal dining room beneath the chandelier. Envision relaxing and sipping wine in the family room, which includes a fireplace with a beautiful surround, recessed lighting, and parquet wood flooring. During the summertime, the expansive backyard has an enormous concrete patio and a generously sized greenspace for frolicking and playing! For restful sleep, retire and have sweet dreaming the master bedroom, featuring a large closet and an in suite w/soaking tub. Two additional bedrooms may also be used as offices, telecommuting areas, or accommodating guest spaces. For weekend recreation and chic shopping, downtown Chicago is only a 30-minute drive away! Other features: attached 2-car garage, laundry area, partially finished basement w/tons of flex space, close to schools, shopping, and restaurants, and so much more. Bring your imagination and make this well-loved home into a remodeled vision of beauty! Call now to schedule your private showing! Being Sold As-Is
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,543
Year Built
- Built in 1988
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 100x154
Parking
- 2 Car Attached Garage
- Parking Space is Owned
Home Design
- Asphalt Roof
Interior Spaces
- 3,176 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Attached Fireplace Door
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Recreation Room
- Unfinished Attic
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 4 Full Bathrooms
- Bidet
- Whirlpool Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2021
Closed on
Apr 1, 2022
Sold by
Martinez Jorge C
Bought by
Pizarro Juan and Grano Jessica
Seller's Agent
Carmen Salerno
Compass
Buyer's Agent
Kandyce Williams
Mark Allen Realty ERA Powered
Sold Price
$390,000
Total Days on Market
386
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
$204,220
Avg. Annual Appreciation
14.21%
Original Mortgage
$338,000
Outstanding Balance
$321,359
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$272,861
Purchase Details
Closed on
Oct 16, 2006
Sold by
Mccormick Iracema
Bought by
Martinez Jorge C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 30, 2002
Sold by
Santos Iracema and Mccormick Iracema
Bought by
Mccormick Iracema
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.08%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 20, 2001
Sold by
Lepore Lepore Anna Anna and Lepore Noia Anna
Bought by
Santos Iracema
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.11%
Similar Homes in Addison, IL
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 |
|---|---|---|---|
| Pizarro Juan | $390,000 | Heritage Title | |
| Martinez Jorge C | $489,000 | Attorneys Title Guaranty Fun | |
| Mccormick Iracema | -- | -- | |
| Santos Iracema | $370,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pizarro Juan | $338,000 | |
| Previous Owner | Martinez Jorge C | $140,000 | |
| Previous Owner | Mccormick Iracema | $40,000 | |
| Previous Owner | Mccormick Iracema | $87,000 | |
| Previous Owner | Santos Iracema | $91,000 | |
| Previous Owner | Lepore Anna | $27,528 | |
| Previous Owner | Lepore Anna | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2022 04/01/22 | Sold | $390,000 | -0.2% | $123 / Sq Ft |
| 03/06/2022 03/06/22 | For Sale | -- | -- | -- |
| 03/05/2022 03/05/22 | Pending | -- | -- | -- |
| 06/17/2021 06/17/21 | Pending | -- | -- | -- |
| 04/16/2021 04/16/21 | For Sale | $390,900 | 0.0% | $123 / Sq Ft |
| 04/13/2021 04/13/21 | Pending | -- | -- | -- |
| 02/26/2021 02/26/21 | For Sale | $390,900 | 0.0% | $123 / Sq Ft |
| 02/17/2021 02/17/21 | Pending | -- | -- | -- |
| 02/12/2021 02/12/21 | For Sale | $390,900 | -- | $123 / 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 |
|---|---|---|---|---|
| 2023 | $13,623 | $185,060 | $62,030 | $123,030 |
| 2022 | $12,484 | $180,500 | $60,510 | $119,990 |
| 2021 | $11,957 | $172,890 | $57,960 | $114,930 |
| 2020 | $11,628 | $165,610 | $55,520 | $110,090 |
| 2019 | $11,543 | $159,240 | $53,380 | $105,860 |
| 2018 | $11,781 | $156,120 | $52,340 | $103,780 |
| 2017 | $9,650 | $149,210 | $50,020 | $99,190 |
| 2016 | $10,232 | $137,760 | $46,180 | $91,580 |
| 2015 | $10,868 | $127,260 | $42,660 | $84,600 |
| 2014 | $11,076 | $128,720 | $44,000 | $84,720 |
| 2013 | $10,853 | $131,350 | $44,900 | $86,450 |
Source: Public Records
Agents Affiliated with this Home
-
Carmen Salerno
Seller's Agent in 2022
Carmen Salerno
Compass
(708) 935-4224
3 in this area
43 Total Sales
-
Michael Mandile
Seller Co-Listing Agent in 2022
Michael Mandile
Compass
(630) 546-0254
44 in this area
256 Total Sales
-
Kandyce Williams
Buyer's Agent in 2022
Kandyce Williams
Mark Allen Realty ERA Powered
(312) 566-7238
1 in this area
7 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10993716
APN: 03-20-305-037
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