NOT LISTED FOR SALE

8032 Highland Ave Downers Grove, IL 60516

Estimated Value: $501,000 - $531,000

3 Beds
2 Baths
2,250 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $410,000 $182 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,383/month

3 Days on Market

Highlights

  • Boat Dock
  • Landscaped Professionally
  • Community Lake
  • Prairieview Elementary School Rated A-
  • Mature Trees
  • Property is near a park

About This Home

As of May 2022

Prepare to fall in love with this wonderful home in the coveted Bruce Lake subdivision of unincorporated Downers Grove! A rare opportunity awaits. Get the location you've dreamed about! This spacious, mostly brick exterior split level has been lovingly maintained by its owners. Just bring your updating and decorating ideas to make it all your own. Loads of square footage and entertaining space including a living room, family room and lower-level recreation room with dry bar and above-grade windows keeping it bright. The shimmering stone of the family room fireplace is simply beautiful. Vaulted ceilings in the kitchen and living room provide even more drama. Large windows throughout the home flood the spaces with light. The kitchen with center island has tons of storage space including a pantry cabinet that seems to go on forever with its shelves that swivel to reveal more space and access to everything. Under and over cabinet Iighting provide even more functionality. 3 bedrooms upstairs are relaxing, boast hardwood floors and have large closets with double hanging rods. The lower level contains access to the concrete crawl space and the laundry room, with even more storage options for exceptional organization and a convenient utility sink. The private yard allows for endless entertaining possibilities. The property is over half an acre of lush green grass, perennial beds and borders and mature trees. The enormous concrete patio 25'x27' is easily large enough to accommodate the biggest summer barbecues. Your guests will be able to park comfortably in the double wide concrete drive that can accommodate as many as six cars. Roofs on the garage and shed replaced in 2021. Roof on the house is newer. Exterior of home, shed and garage painted in 2021. Furnace is newer. Most windows have been replaced. Commuting and transportation options galore, easy access to highways, shopping, restaurants, and today's conveniences. Downtown Downers Grove only minutes away. Beautifully maintained in a picturesque location yet close to everything. Bruce Lake offers loads of resident-only amenities and social activities including a playground, private beach, pavilion, fishing pier, volleyball, ice skating, hockey and more. Appreciate daily sunsets and gorgeous seasonal lake views. Low taxes and low HOA fees. So much for the money. Don't wait! This exceptionally maintained home will be conveyed in AS-IS condition. Check out the virtual tours of Bruce Lake and the property website too. Floor plans in images.

Last Agent to Sell the Property

Shanon Tully

Platinum Partners Realtors License #475163874 Listed on: 03/28/2022

Platinum Partners Realtors

Last Buyer's Agent

Jennifer Lechner

Coldwell Banker Gladstone License #475134992

Coldwell Banker Gladstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,636

Year Built

  • Built in 1960

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 110x220
  • Partially Fenced Property
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Level Lot
  • Mature Trees

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Bi-Level Home
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,250 Sq Ft Home
  • Dry Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Partial Basement
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Crawl Space

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Tideland Water Rights
  • Patio
  • Shed

Location

  • Property is near a park

Schools

  • Elizabeth Ide Elementary School
  • Lakeview Junior High School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include lake rights
  • Bruce Lake Subdivision
  • Community Lake

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,636

Year Built

Built in 1960

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Subdivision Name: Bruce Lake
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: 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, Trash Compactor, Range Hood
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Dry, Hardwood Floors, Beamed Ceilings, Some Carpeting, Some Wood Floors
  • LivingArea: 2250
  • Other Equipment: CO Detectors, Sump Pump
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Crawl,Rec/Family Area
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: Above grade finished square feet 1725. Basement finished square feet 525. Total finished square feet 2250.
  • Total Sq Ft: 0
  • Door Features: Mirrored Closet Door(s),Sliding Glass Door(s)

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 400000
  • Lot Features: Landscaped, Water Rights, Mature Trees, Level, Partial Fencing, Streetlights
  • OtherStructures: Shed(s), Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Number of Cars: 8
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Dock, Water Rights, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights, Other

Schools

  • Elementary School: Elizabeth Ide Elementary School
  • High School: South High School
  • Middle/Junior School: Lakeview Junior High School
  • Middle/Junior School District: 66
  • Elementary School #2: Prairieview Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.55
  • Lot Dimensions: 110X220
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4635.88
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 16, 2022
Sold by
Anne T Peters Revocable Living Trust
Bought by
Coombs Kate Lizabeth
Seller's Agent
Shanon Tully
Platinum Partners Realtors
Buyer's Agent
Jennifer Lechner
Coldwell Banker Gladstone
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%
Current Estimated Value
$517,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,276
Avg. Annual Appreciation
7.10%
Original Mortgage
$328,000
Outstanding Balance
$311,732
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$205,544

Purchase Details

Closed on
Oct 23, 1996
Sold by
Peters Anne T
Bought by
Peters Anne T and Anne T Peters Revocable Living
Source: Public Records

Range of Values:

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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
Coombs Kate Lizabeth $410,000 First American Title
Peters Anne T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coombs Kate Lizabeth $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $410,000 +2.5% $182 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $400,000 -- $178 / 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 $7,308 $135,637 $71,740 $63,897
2023 $7,000 $124,690 $65,950 $58,740
2022 $6,253 $116,480 $62,160 $54,320
2021 $4,127 $115,150 $61,450 $53,700
2020 $4,636 $112,870 $60,230 $52,640
2019 $4,696 $108,300 $57,790 $50,510
2018 $4,773 $108,680 $57,440 $51,240
2017 $4,806 $104,580 $55,270 $49,310
2016 $4,826 $99,810 $52,750 $47,060
2015 $5,591 $93,900 $49,630 $44,270
2014 $5,148 $91,290 $48,250 $43,040
2013 $5,278 $86,320 $48,020 $38,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11358439

Midwest Real Estate Data (MRED)

APN: 09-32-101-011