NOT LISTED FOR SALE

8548 40th St Lyons, IL 60534

Estimated Value: $343,000 - $389,000

3 Beds
2 Baths
2,283 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $333,000 $146 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,502/month

4 Days on Market

Highlights

  • Waterfront
  • Vaulted Ceiling
  • Wood Flooring
  • Living Room with Fireplace
  • Ranch Style House
  • Skylights

About This Home

As of March 2024

Offering unique and beautiful views of Salt Creek and the woods, this sprawling 3-bedroom 2-bathroom ranch provides easy single-floor living and over 2,000 square feet of total interior space! Highlights include a bright and open living area boasting vaulted ceilings with exposed beams, wall-to-wall windows, two skylights, two gas fireplaces, and gorgeous views year-round. Other great features include an eat-in kitchen and a large 19' by 18' family room. Outside enjoy a huge yard, a concrete patio perfect for entertaining or relaxing, and an attached garage with a long side driveway providing additional parking if needed. Recent improvements include a newer Central AC and furnace (2019), a newer concrete driveway apron, and a newer water heater (2015). Within walking distance of the Brookfield Metra station, and close to major highways (I-290 and I-55), Midway airport, the world-famous Brookfield Zoo, forest preserves, and other great nearby communities, including Riverside, Brookfield, and La Grange. Sold as is.

Last Agent to Sell the Property

Rosie Gonzalez

Coldwell Banker Realty License #475127111 Listed on: 01/04/2024

Coldwell Banker Realty

Last Buyer's Agent

David Perez

Net Realty Corp License #471022065

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,230

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 71.5 x 236.1 x 34.6 x 94.3 x 128.8
  • Waterfront
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 2,283 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Library with Fireplace
  • Wood Flooring
  • Crawl Space

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

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

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,230

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Built-In Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features
  • LivingArea: 2283
  • Other Equipment: Ceiling Fan(s), Water Heater-Gas
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room,Den/Library
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Baseboard
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 71.5 X 236.1 X 34.6 X 94.3 X 128.8
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4229.56
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 15, 2024
Sold by
Kearney Thomas A and Kearney Terese M
Bought by
Vila Gloria
Seller's Agent
Rosie Gonzalez
Coldwell Banker Realty
Buyer's Agent
David Perez
Net Realty Corp
List Price
$339,000
Sold Price
$333,000
Premium/Discount to List
-$6,000
-1.77%
Views
282
Current Estimated Value
$371,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,665
Avg. Annual Appreciation
5.91%
Original Mortgage
$249,750
Outstanding Balance
$245,245
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$124,225
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
Vila Gloria $333,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vila Gloria $249,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $333,000 -1.8% $146 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $339,000 -- $148 / 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 $6,663 $28,000 $7,400 $20,600
2023 $4,230 $28,000 $7,400 $20,600
2022 $4,230 $23,842 $6,435 $17,407
2021 $3,904 $23,841 $6,435 $17,406
2020 $3,654 $23,841 $6,435 $17,406
2019 $4,494 $23,125 $5,791 $17,334
2018 $4,402 $23,125 $5,791 $17,334
2017 $4,163 $23,125 $5,791 $17,334
2016 $5,560 $19,501 $5,148 $14,353
2015 $5,712 $19,501 $5,148 $14,353
2014 $6,222 $19,501 $5,148 $14,353
2013 $7,133 $23,578 $5,148 $18,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11947416

Midwest Real Estate Data (MRED)

APN: 18-02-103-027-0000