NOT LISTED FOR SALE

Estimated Value: $567,000 - $846,702

4 Beds
3.5 Baths
3,987 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $540,000 $135 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,513/month

6 Days on Market

Highlights

  • Bonus Room
  • Living Room
  • Central Air
  • Fairmount Elementary School Rated A-
  • Laundry Room
  • Dining Room

About This Home

As of July 2024

Welcome home! This 5 bedroom, 3.5 bathroom has so much potential. Great location--- minutes from downtown Downers Grove. Primary bedroom has a huge walk in closet & full bathroom. Eat in kitchen includes plenty of cabinets, table space and sliding glass door to the back deck. Bonus room is located on the main floor- perfect for an office space. Sump pump & Water heater are two months old. Furnace is 8 years old. Washer -2 years old & 5 yr old Dryer. Roof is 20 years old. This is the perfect opportunity to transform this house into your dream home. *Home is being sold AS-IS*

Last Agent to Sell the Property

Veronica Gonzalez

Parkvue Realty Corporation License #475199315 Listed on: 05/30/2024

Parkvue Realty Corporation

Last Buyer's Agent

Mythreyi Thirunarayanan

International Realty Solutions LLC License #471009583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,673

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 80x100

Parking

  • 2 Car Garage

Interior Spaces

  • 3,987 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms

Basement

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

Schools

  • Fairmount Elementary School
  • O Neill Middle School
  • South High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,673

Year Built

Built in 1983

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
  • Year Built: 1983
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • LivingArea: 3987
  • Room Type: Bedroom 5, Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 555000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Attached, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fairmount Elementary School
  • High School: South High School
  • Middle/Junior School: O Neill Middle School
  • Middle/Junior School District: 58

Lot Info

  • Lot Dimensions: 80X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9673
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 30, 2024
Sold by
Jayalakshmi S Chari Declaration Of Trust and Chari Jayalakshmi S
Bought by
Veeramani Ganesh and Ramanathan Pavithra
Seller's Agent
Veronica Gonzalez
Parkvue Realty Corporation
Buyer's Agent
Mythreyi Thirunarayanan
International Realty Solutions LLC
List Price
$585,000
Sold Price
$540,000
Premium/Discount to List
-$45,000
-7.69%
Views
26
Current Estimated Value
$661,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,676
Avg. Annual Appreciation
20.91%
Original Mortgage
$513,000
Outstanding Balance
$509,219
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$152,457

Purchase Details

Closed on
Oct 4, 2022
Sold by
Chari Jayalakshmi
Bought by
Jayalakshmi S Chari Declaration Of Trust

Purchase Details

Closed on
Apr 15, 1994
Sold by
Chari Sridhar N and Chari Manjula S
Bought by
Chari Sridhar N and Chari Jayalakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.66%
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
Veeramani Ganesh $540,000 None Listed On Document
Jayalakshmi S Chari Declaration Of Trust -- --
Chari Sridhar N -- Intercounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veeramani Ganesh $513,000
Previous Owner Chari Sridhar N $183,000
Previous Owner Chari Sridhar N $121,000
Previous Owner Chari Sridhar N $240,000
Previous Owner Chari Sridhar N $90,000
Previous Owner Chari Sridhar N $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $540,000 -2.7% $135 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
06/06/2024 06/06/24 Price Changed $555,000 -5.1% $139 / Sq Ft
05/31/2024 05/31/24 For Sale $585,000 -- $147 / 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 $10,883 $187,983 $66,497 $121,486
2023 $10,351 $172,810 $61,130 $111,680
2022 $9,673 $166,830 $59,020 $107,810
2021 $8,998 $164,930 $58,350 $106,580
2020 $8,829 $161,660 $57,190 $104,470
2019 $8,558 $155,110 $54,870 $100,240
2018 $8,345 $148,920 $54,840 $94,080
2017 $8,057 $143,300 $52,770 $90,530
2016 $7,896 $136,760 $50,360 $86,400
2015 $7,781 $128,670 $47,380 $81,290
2014 $7,713 $125,110 $46,070 $79,040
2013 $7,499 $124,520 $45,850 $78,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12069297

Midwest Real Estate Data (MRED)

APN: 09-16-110-006