NOT LISTED FOR SALE

8420 Cessna Ln Downers Grove, IL 60516

Estimated Value: $722,615 - $956,000

4 Beds
4 Baths
4,183 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 09, 2020

Last sale price $580,000 $139 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,547/month

14 Days on Market

Highlights

  • Rooftop Deck
  • Den
  • Garage ceiling height seven feet or more
  • Prairieview Elementary School Rated A-
  • Attached Garage
  • Patio

About This Home

As of June 2020

Check out our 3D Virtual Tour! This is your chance to own a beautiful custom built home featuring 4 beds 3.5 baths, with an expansive and truly unique layout. There are high ceilings, fantastic architectural details & a large hangar/garage situated on a beautiful, pond-side lot in the prestigious Brookeridge neighborhood. Easy access to I55 & I355. Close to many shops and restaurants. Home is 2 stories but lives like a ranch w/ only 1 bedroom & a studio/ den on the 2nd floor. The home has an inviting front courtyard. Entrance opens up to a spacious foyer & great room w/ dramatic high ceilings & double sided fire place that goes all the way up! Kitchen has great space, tall ceilings w/ beautiful wooden architectural details, lots of windows, cook top island. Pantry/ laundry located just off the kitchen for easy access. Family room has beautiful hardwood floors, tall/ dramatic ceilings, brick fireplace, windows all the way up. 4163 SF + 1786 SF unfinished bsmt + 45' X 35' Hangar. New roof, newer water heater and well maintained mechanicals. Family friendly neighborhood w/ great park and fun events. Dinning and family room has been repainted a more "neutral" off white color. For more info or to schedule a showing contact Real Estate Broker Mike Meglei at Platinum Partners Realtors

Last Agent to Sell the Property

Michael Meglei

Platinum Partners Realtors License #475180016 Listed on: 02/15/2020

Platinum Partners Realtors

Last Buyer's Agent

Tasadduq Vaince

Tasadduq Vaince License #471009929

Home Details

Home Type

  • Single Family

Year Built

  • 1977

Lot Details

  • 0.76

HOA Fees

  • $59 per month

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stucco Exterior
  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Den
  • Unfinished Basement
  • Partial Basement

Outdoor Features

  • Rooftop Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Year Built

1977

Lot Details

0.76 Acres

HOA Fees

$59 per month

Parking

6

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 4183
  • Unfinished Basement Sq Ft: 1786
  • Type Detached: 2 Stories
  • Estimated Year Built: 1977
  • Total Sq Ft: 5969
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 36X18, On Level: Main Level, Flooring: Carpet
  • Fireplace Location: Family Room, Living Room, Loft
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 21X7, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 17X16, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Den, Foyer
  • Master Bedroom: Dimensions: 18X15, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 18X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Foyer, Dimensions: 20X9, On Level: Main Level, Flooring: Porcelain Tile
  • Bedroom 2: Dimensions: 14X14, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 16X15, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 18X18, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 4183
  • Estimated Total Finished Sq Ft: 4183
  • Basement Sq Ft: 1786
  • Upper Level Sq Ft: 4183
  • Family Room: Dimensions: 19X17, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Cedar, Stucco
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Roof Deck

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 6
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 710

Schools

  • Junior High Dist: 66

Lot Info

  • Lot Dimensions: 0.77
  • Parcel Identification Number: 0932408002

Tax Info

  • Taxes: 13133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2024
Sold by
Abadin Shabirhusain S and Vaince Faaiza T
Bought by
Shabir Abadin Living Trust and Faaiza Vaince Living Trust
Current Estimated Value
$842,154

Purchase Details

Listed on
Feb 15, 2020
Closed on
Jun 1, 2020
Sold by
Ivkovich Janet T
Bought by
Abadin Shabirhusain S and Vaince Faaiza T
Seller's Agent
Michael Meglei
Platinum Partners Realtors
Buyer's Agent
Tasadduq Vaince
Tasadduq Vaince
List Price
$649,500
Sold Price
$580,000
Premium/Discount to List
-$69,500
-10.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$551,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2015
Sold by
Ivkovich John S and Ivkovich John S
Bought by
Ivkovich John S and Ivkovich Janet T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.34%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 26, 2013
Sold by
Ivkovich John S
Bought by
Marquette Bank

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
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2013
Sold by
Marquette Bank
Bought by
Ivkovich Jon S

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
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1998
Sold by
Ivkovich John S
Bought by
Tcf National Bank Illinois and Trust #79-2-4

Purchase Details

Closed on
Nov 10, 1997
Sold by
Tcf National Bank Illinois
Bought by
Ivkovich John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,300
Interest Rate
7%

Purchase Details

Closed on
Mar 30, 1994
Sold by
Ivkovich John S
Bought by
Bank Of Chicago
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
Shabir Abadin Living Trust -- None Listed On Document
Abadin Shabirhusain S $580,000 Multiple
Ivkovich John S -- First American Title
Marquette Bank -- None Available
Ivkovich Jon S -- Prism Title
Tcf National Bank Illinois -- --
Ivkovich John S -- Land Title Group Inc
Bank Of Chicago -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abadin Shabirhusain S $551,000
Previous Owner Ivkovich John S $938,250
Previous Owner Ivkovich Jon S $120,000
Previous Owner Ivkovich John S $134,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2020 06/09/20 Sold $580,000 -10.7% $139 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $649,500 -- $155 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $11,855 $217,005 $107,953 $109,052
2023 $11,380 $199,490 $99,240 $100,250
2022 $11,361 $199,490 $100,140 $99,350
2021 $10,377 $197,220 $99,000 $98,220
2020 $9,927 $193,310 $97,040 $96,270
2019 $12,215 $233,330 $93,110 $140,220
2018 $13,133 $245,450 $92,600 $152,850
2017 $15,813 $292,950 $89,170 $203,780
2016 $15,036 $279,580 $85,100 $194,480
2015 $14,829 $263,030 $80,060 $182,970
2014 $14,252 $250,300 $77,840 $172,460
2013 $14,483 $249,130 $77,480 $171,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10597671

Midwest Real Estate Data (MRED)

APN: 09-32-408-002

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