$2,000,000
SOLD JAN 12, 2016
0.77 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

27% Below List Price

31 Days on Market

About This Lot

As of February 2022

INVESTMENT OPPORTUNITY!! RARELY AVAILABLE EIGHT LOT SUBDIVISION IN THE HEART OF BURR RIDGE. TRANQUIL SETTING. MATURE TREES AND WATER VIEWS IN QUIET CUL DE SAC LOCATION. FULLY IMPROVED. STREET LIGHTS, SIDEWALKS & UTILITIES IN. SURROUNDED BY LUXURY HOMES. ALL PARCELS ARE AT LEAST 2/3RD's OF AN ACRE. STEPS TO HIGHLY REGARDED GOWER SCHOOL. PLUS HINSDALE SOUTH HIGH. TWO MINUTES TO SHOPPING AND EXPRESSWAYS. AGGRESSIVELY PRICED!!

Last Agent to Sell the Property

Kim Lotka

@properties Christie's International Real Estate License #475078964 Listed on: 12/04/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Kim Lotka

@properties Christie's International Real Estate License #475078964 Listed on: 12/04/2015

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,295

Property Details

Property Type

Land

Est. Annual Taxes

$22,295

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: Interstate Access
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Subdivision Lot Number: 1-8
  • Total Listed Lots Avail: 8
  • Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Cleared, Pond/Lake, Wooded
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .50-.99 Acre
  • Waterfront: Yes
  • Frontage Access: City Street
  • Front Footage: 658

Schools

  • School District: 86
  • Elementary School: GOWER MIDDLE SCHOOL
  • Middle School: GOWER MIDDLE SCHOOL
  • High School: HINSDALE SOUTH HIGH SCHOOL
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 658 X 623 APX
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 0936300024

Tax Info

  • Taxes: 36835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Feb 3, 2022
Sold by
National Residential Nominee Services In
Bought by
Biermann Gary R and Biermann Cynthia M
Seller's Agent
Jennifer Vande Lune
@properties Christie's International Real Estate
Buyer's Agent
Jennifer Vande Lune
@properties Christie's International Real Estate
List Price
$1,399,000
Sold Price
$1,260,000
Premium/Discount to List
-$139,000
-9.94%
Current Estimated Value
$1,587,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,050
Avg. Annual Appreciation
6.92%
Original Mortgage
$1,008,000
Outstanding Balance
$930,758
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$656,292

Purchase Details

Listed on
May 15, 2019
Closed on
Jan 31, 2020
Sold by
Marquette Bank
Bought by
Adefioye O Lusegun O and Adefioye Mobolaji E
Seller's Agent
Linda Feinstein
Compass
Buyer's Agent
John Barry
Mc Naughton Realty Group
List Price
$1,395,000
Sold Price
$1,255,000
Premium/Discount to List
-$140,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.20%
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2015
Closed on
Jan 12, 2016
Sold by
Isb Land Llc
Bought by
Marquette Bank and Trust #20327
Seller's Agent
Kim Lotka
@properties Christie's International Real Estate
Buyer's Agent
Kim Lotka
@properties Christie's International Real Estate
List Price
$2,750,000
Sold Price
$2,000,000
Premium/Discount to List
-$750,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.87%
Original Mortgage
$1,400,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 12, 2008
Sold by
Husgus Llc
Bought by
Isb Land Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,700,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 14, 2007
Sold by
Downers Grove National Bank
Bought by
Husgus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2007
Sold by
Grogan Daniel L
Bought by
Downers Grove National Bank and Trust #96-346
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,260,000 Fidelity National Title
Warranty Deed $1,260,000 Fidelity National Title
Deed $1,255,000 Chicago Title
Warranty Deed $2,000,000 Stewart Title
Warranty Deed $4,000,000 Ctic
Deed $2,700,000 Ctic
Legal Action Court Order -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,008,000 New Conventional
Closed $1,008,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $3,500,000 Commercial
Previous Owner $721,255 Commercial
Previous Owner $883,945 Future Advance Clause Open End Mortgage
Previous Owner $1,200,000 Construction
Previous Owner $1,400,000 Future Advance Clause Open End Mortgage
Previous Owner $7,700,000 Stand Alone Second
Previous Owner $648,587 Construction
Previous Owner $2,600,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $1,260,000 -9.9% $209 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $1,399,000 +11.5% $232 / Sq Ft
01/31/2020 01/31/20 Sold $1,255,000 -3.5% $295 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
09/23/2019 09/23/19 Price Changed $1,299,900 -2.3% $306 / Sq Ft
08/06/2019 08/06/19 Price Changed $1,329,900 -4.7% $313 / Sq Ft
05/15/2019 05/15/19 For Sale $1,395,000 -30.3% $328 / Sq Ft
01/12/2016 01/12/16 Sold $2,000,000 -27.3% --
01/04/2016 01/04/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $2,750,000 -- --
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
2023 $22,295 $442,810 $103,470 $339,340
2022 $22,764 $457,570 $106,030 $351,540
2021 $21,900 $452,360 $104,820 $347,540
2020 $21,607 $443,400 $102,740 $340,660
2019 $4,331 $87,300 $87,300 $0
2018 $4,171 $87,300 $87,300 $0
2017 $4,308 $87,300 $87,300 $0
2016 $4,492 $83,320 $83,320 $0
2015 $4,769 $88,980 $88,980 $0
2014 $4,716 $86,510 $86,510 $0
2013 $4,604 $86,100 $86,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09097238

Midwest Real Estate Data (MRED)

APN: 09-36-300-024