NOT LISTED FOR SALE

7303 40th St Lyons, IL 60534

Estimated Value: $316,000 - $372,000

5 Beds
2 Baths
1,574 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 10, 2014

Last sale price $147,500 $94 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,361/month

52 Days on Market

Highlights

  • Property is near forest and bus stop
  • Detached Garage
  • Bathroom on Main Level
  • Ranch Style House
  • Breakfast Bar

About This Home

As of January 2014

Location, Location Location! This well kept, clean brick ranch is close to everything! Shopping, grocery stores, expressways. 5 bedrooms for the growing family! Full Basement. Big backyard. Nothing to do but move in and enjoy this great home. Quick close possible. Home is sold AS-IS. No termite or survey will be provided. Buyer will be responsible for any/all Village repairs.

Last Agent to Sell the Property

Dean Rouso

Baird & Warner Business Development License #471001875 Listed on: 10/05/2013

Baird & Warner Business Development

Co-Listed By

Steve Jasinski

Baird & Warner License #475151442

Last Buyer's Agent

Pamela Walsh

Chicagoland Brokers, Inc License #475130025

Chicagoland Brokers, Inc

Home Details

Home Type

  • Single Family

Year Built

  • 1958

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Breakfast Bar
  • Bathroom on Main Level
  • Property is near forest and bus stop

Listing and Financial Details

  • $4 Seller Concession

Home Details

Home Type

Single Family

Year Built

1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Estimated Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 23X19, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 2
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 17X19, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 12X14, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X10, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X14, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 10X14, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 4: Dimensions: 10X14, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1574

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1715

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiant

Schools

  • Junior High Dist: 96

Lot Info

  • Lot Dimensions: 7470
  • Lot Description: Forest Preserve Adjacent
  • Parcel Identification Number: 18012050150000

Tax Info

  • Taxes: 4763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2013
Closed on
Jan 16, 2014
Sold by
Pitts Walker Alvin M and Pitts Walker Brenda L
Bought by
Preciado Carlos
Seller's Agent
Dean Rouso
Baird & Warner Business Development
Buyer's Agent
Pamela Walsh
Chicagoland Brokers, Inc
List Price
$179,900
Sold Price
$147,500
Premium/Discount to List
-$32,400
-18.01%
Current Estimated Value
$346,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,397
Avg. Annual Appreciation
7.37%
Original Mortgage
$144,827
Outstanding Balance
$111,316
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$235,581

Purchase Details

Closed on
Feb 16, 1999
Sold by
Fratto Louis and Fratto Barbara
Bought by
Walker Alvin M and Pitts Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
6.92%
Mortgage Type
VA

Purchase Details

Closed on
Sep 23, 1994
Sold by
Wells Elaine V and Scanlan Rita
Bought by
Fratto Louis and Fratto Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Preciado Carlos $147,500 Baird & Warner Title Service
Walker Alvin M $139,500 --
Fratto Louis $184,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preciado Carlos $144,827
Previous Owner Walker Alvin M $139,500
Previous Owner Fratto Louis $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2014 01/10/14 Sold $147,500 -7.8% $94 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
10/25/2013 10/25/13 Price Changed $160,000 -11.1% $102 / Sq Ft
10/05/2013 10/05/13 For Sale $179,900 -- $114 / 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
2025 $6,558 $25,000 $4,295 $20,705
2024 $6,558 $25,000 $4,295 $20,705
2023 $5,596 $25,000 $4,295 $20,705
2022 $5,596 $18,825 $3,735 $15,090
2021 $5,336 $18,824 $3,735 $15,089
2020 $5,440 $18,824 $3,735 $15,089
2019 $5,440 $17,559 $3,361 $14,198
2018 $5,317 $17,559 $3,361 $14,198
2017 $5,139 $17,559 $3,361 $14,198
2016 $5,137 $15,693 $2,988 $12,705
2015 $4,976 $15,693 $2,988 $12,705
2014 $4,823 $15,693 $2,988 $12,705
2013 $4,875 $16,948 $2,988 $13,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08461077

Midwest Real Estate Data (MRED)

APN: 18-01-205-015-0000