NOT LISTED FOR SALE

737 Summit St Downers Grove, IL 60515

Estimated Value: $1,230,000 - $1,341,000

4 Beds
4 Baths
3,367 Sq Ft
$385/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $880,000 $261 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,393/month

8 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Wine Refrigerator
  • Whittier Elementary School Rated A-
  • Whirlpool Bathtub
  • 4-minute walk to Randall Park

About This Home

As of April 2022

This home is located at 737 Summit St, Downers Grove, IL 60515 since 01 March 2022 and is currently estimated at $1,295,664, approximately $384 per square foot. This property was built in 2005. 737 Summit St is a home located in DuPage County with nearby schools including Whittier Elementary School, Herrick Middle School, and Downer Grove North High School.

Last Agent to Sell the Property

Michael Odeh

Redfin Corporation License #471018678 Listed on: 03/01/2022

Redfin Corporation

Last Buyer's Agent

Laura McGreal

@properties Christie's International Real Estate License #471005048

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,816

Year Built

  • Built in 2005

Lot Details

  • 6,098

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 3,367 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Includes Fireplace Accessories
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Screens
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Rough-In Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Pergola
  • Porch

Schools

  • Whittier Elementary School
  • Herrick Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Paved or Partially Paved Lot
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Mallard Landing Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,816

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Mallard Landing
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Includes Accessories
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 3367
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 3367
  • Basement Description: Partially Finished,Bathroom Rough-In
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Door Features: French Doors,Sliding Doors,36" Minimum Entry Door,Lever Style Door Handles
  • Window Features: Double Pane Windows,Screens,Skylight(s)

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storms/Screens
  • List Price: 874900
  • OtherStructures: Pergola
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar,Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Whittier Elementary School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Lot Dimensions: 6098
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 14815.68
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 6, 2022
Sold by
Trust No Bev-3816
Bought by
Ochoa John Charles and Ochoa Christie
Seller's Agent
Michael Odeh
Redfin Corporation
Buyer's Agent
Laura McGreal
@properties Christie's International Real Estate
List Price
$874,900
Sold Price
$880,000
Premium/Discount to List
$5,100
0.58%
Current Estimated Value
$1,295,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,664
Avg. Annual Appreciation
8.73%
Original Mortgage
$660,000
Outstanding Balance
$620,634
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$556,802

Purchase Details

Closed on
Jul 31, 2014
Sold by
Grossi Richard and Fraser Jane
Bought by
Chicago Trust Company Na and Trust #Bev-3816

Purchase Details

Closed on
May 10, 2005
Sold by
Sven Mollberg Services Llc
Bought by
Grossi Richard and Fraser Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.13%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 20, 2004
Sold by
Heisner Amy M
Bought by
Sven Mollberg Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 1996
Sold by
Heisner Tracy D
Bought by
Heisner Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.12%
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
Ochoa John Charles $880,000 Chicago Title
Chicago Trust Company Na -- None Available
Grossi Richard $733,000 Chicago Title Insurance Comp
Sven Mollberg Services Llc $210,000 --
Heisner Amy M -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa John Charles $660,000
Previous Owner Grossi Richard $355,000
Previous Owner Sven Mollberg Services Llc $210,000
Previous Owner Heisner Amy M $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $880,000 +0.6% $261 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $874,900 -- $260 / 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 $18,288 $327,439 $57,893 $269,546
2023 $17,417 $301,010 $53,220 $247,790
2022 $16,127 $285,020 $50,390 $234,630
2021 $15,095 $281,780 $49,820 $231,960
2020 $14,816 $276,200 $48,830 $227,370
2019 $14,345 $265,010 $46,850 $218,160
2018 $14,896 $271,630 $46,610 $225,020
2017 $14,425 $261,380 $44,850 $216,530
2016 $14,142 $249,450 $42,800 $206,650
2015 $14,303 $234,690 $40,270 $194,420
2014 $12,412 $198,550 $35,590 $162,960
2013 $12,161 $197,620 $35,420 $162,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11316583

Midwest Real Estate Data (MRED)

APN: 09-08-412-002