NOT LISTED FOR SALE

7305 40th St Lyons, IL 60534

Estimated Value: $286,000 - $411,000

3 Beds
2 Baths
2,026 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $238,000 $117 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,357/month

3 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near park and forest
  • Wood Flooring
  • Mature Trees
  • Ranch Style House
  • Walk-In Pantry

About This Home

As of October 2019

MOVE IN READY! TURNKEY SPACIOUS BRICK RANCH HOME RENOVATED AND BEAUTIFULLY UPDATED THROUGHOUT. IDEALLY LOCATED IN A PEACEFUL, GREEN SETTING NEXT TO WHITE EAGLE WOODS FOREST PRESERVE, THAT'S MINUTES TO EVERY CONVENIENCE, METRA, I-55, HARLEM AVE, PARKS & MORE! THE BRIGHT OPEN FLOOR PLAN FEATURING A CONTEMPORARY NEUTRAL DECOR W/NEW HARDWOOD FLOORS IS IDEAL FOR COMFORTABLE LIVING AND ENTERTAINING. A GRACIOUS FRENCH DOOR ENTRY FOYER OPENS TO A NEW HALF BATHROOM AND LARGE LIVING/DINING AREA FEATURING BUILT-IN SHELVING. ENJOY THE RICH AMBIANCE OF THE GREAT ROOM W/WOOD BURNING FIRE PL & HIGH PANELED CEILING. THE NEW WHITE KITCHEN HAS 42" SHAKER CABINETS AND GRANITE COUNTERS W/MARBLE BACKSPLASH, TABLE SPACE AND PANTRY CLOSET. 3 LARGE BEDROOMS ARE ADJACENT TO THE STUNNING NEW MAIN BATHROOM W/SEPARATE TUB & SHOWER + BUILT-IN CUSTOM CABINETRY. A PRIVATE PAVER PATIO IS NESTLED IN THE SURROUNDING GREEN SPACE. LAUNDRY AND GENEROUS STORAGE IN THE BASEMENT. NEWER ROOF, WINDOWS, ELECTRICAL, ++ PARKING.

Last Agent to Sell the Property

Brent Rosenbower

Berkshire Hathaway HomeServices Chicago License #475121658 Listed on: 08/01/2019

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Yvette Jones

Real People Realty License #475131567

Real People Realty

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1955 | 2018

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally
  • Mature Trees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Built-In Features
  • Wood Burning Fireplace
  • Entrance Foyer
  • Storage Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • Separate Shower

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Brick Porch or Patio
  • Property is near park and forest

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built | Renovated

1955 | 2018

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 2026
  • Unfinished Basement Sq Ft: 730
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2756
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features
  • Number Of Rooms: 7
  • Living Room: Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Freezer, Disposal, Cooktop
  • Equipment: TV-Cable, CO Detectors, Sump Pump
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished, Crawl
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X8, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 18X11, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Foyer, Storage
  • Master Bedroom: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Foyer, Dimensions: 9X7, On Level: Main Level, Flooring: Slate, Windows: None
  • Additional Room 2 Name: Storage, Dimensions: 11X9, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Estimated Sq Ft: 2026
  • Estimated Total Finished Sq Ft: 2026
  • Basement Sq Ft: 730
  • Main Level Sq Ft: 2026
  • Dining Room Type: Separate
  • Family Room: Dimensions: 28X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Brick Paver Patio, Storms/Screens
  • Exposure: N (North), S (South), E (East), W (West), Park
  • Acreage: 0.1864

Utilities

  • Electricity: Circuit Breakers
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Radiant

Schools

  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: 8119
  • Lot Description: Fenced Yard, Forest Preserve Adjacent, Landscaped Professionally, Mature Trees
  • Parcel Identification Number: 18012050140000
  • Zero Lot Line: No

Tax Info

  • Taxes: 5465.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Oct 18, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Arroyo Julian
Seller's Agent
Brent Rosenbower
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Yvette Jones
Real People Realty
List Price
$234,000
Sold Price
$238,000
Premium/Discount to List
$4,000
1.71%
Current Estimated Value
$344,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,660
Avg. Annual Appreciation
6.15%
Original Mortgage
$238,000
Outstanding Balance
$211,583
Interest Rate
4.25%
Mortgage Type
VA
Estimated Equity
$133,077

Purchase Details

Closed on
Sep 2, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Chicago Title Land Trust Company and Trust #8002353648

Purchase Details

Closed on
Feb 27, 2009
Sold by
Rubio Carmen
Bought by
Deutsche Bank National Trust Company and Long Beach Mortgage Trust 2006-1

Purchase Details

Closed on
Nov 15, 2005
Sold by
Standard Bank & Trust Co
Bought by
Rubio Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 1999
Sold by
Kerpec Alice
Bought by
East Side Bank & Trust Company and Trust #4291
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
Arroyo Julian $238,000 Proper Title
Chicago Title Land Trust Company $135,000 World Title Guaranty Inc
Deutsche Bank National Trust Company -- None Available
Rubio Carmen $235,000 Cti
East Side Bank & Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Julian $238,000
Previous Owner Rubio Carmen $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2019 10/21/19 Sold $238,000 +1.7% $117 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $234,000 -- $115 / 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 $6,610 $26,000 $4,668 $21,332
2023 $5,862 $26,000 $4,668 $21,332
2022 $5,862 $20,412 $4,060 $16,352
2021 $5,596 $20,411 $4,059 $16,352
2020 $5,720 $20,411 $4,059 $16,352
2019 $5,732 $18,460 $3,653 $14,807
2018 $5,656 $18,460 $3,653 $14,807
2017 $5,466 $18,460 $3,653 $14,807
2016 $6,689 $19,682 $3,247 $16,435
2015 $6,494 $19,682 $3,247 $16,435
2014 $6,288 $19,682 $3,247 $16,435
2013 $6,917 $22,945 $3,247 $19,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10471548

Midwest Real Estate Data (MRED)

APN: 18-01-205-014-0000