NOT LISTED FOR SALE

988 N Babbit Ave Addison, IL 60101

Estimated Value: $395,000 - $443,000

3 Beds
2.5 Baths
1,254 Sq Ft
$327/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $380,000 $303 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,770/month

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Central Air
  • Beamed Ceilings
  • Fire Pit
  • Combination Dining and Living Room

About This Home

As of April 2024

Welcome to 988 N. Babbit Avenue, in the heart of Addison's delightful Michael Lane area. Immaculate all-brick ranch home is situated on a quiet corner lot of a one-block long street - yet still has convenient access to both I-355 and I-290. As you enter this sunny home, you'll truly appreciate the flowing, open floorplan and natural hardwood floors throughout the kitchen and main living space. Updated kitchen cabinets, counter tops, fixtures, stainless appliances, and large chef's island complete the tastefully modern look. All bedrooms also have gleaming hardwood floors and ample closet space, with the Primary having its own private half bathroom. The updated full bathroom completes the main floor. Huge basement rec room has a classic retro feel, and is complete with its own bathroom. Back yard is fenced in with convenient patio access from both the kitchen and the garage. This home has been lovingly cared for, and you may call it your very own...

Last Agent to Sell the Property

David Oros

Avian Realty License #475138969 Listed on: 03/16/2024

Last Buyer's Agent

David Stob

RE/MAX Enterprises License #475159988

RE/MAX Enterprises

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,360

Year Built

  • Built in 1967

Lot Details

  • 8,712

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,254 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Partially Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Fire Pit
  • Lot Dimensions are 50 x 125

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,360

Year Built

Built in 1967

Lot Details

0

Parking

2

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: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Beamed Ceilings
  • LivingArea: 1254
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Fire Pit
  • List Price: 359000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: 50 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6360
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
Apr 12, 2024
Sold by
Flodin Christina M and West Phillip K
Bought by
Marshall Steven and Marshall Valerie
Seller's Agent
David Oros
Avian Realty
Buyer's Agent
David Stob
RE/MAX Enterprises
List Price
$359,000
Sold Price
$380,000
Premium/Discount to List
$21,000
5.85%
Views
64
Current Estimated Value
$410,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,494
Avg. Annual Appreciation
5.43%
Original Mortgage
$304,000
Outstanding Balance
$299,238
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$111,256

Purchase Details

Closed on
Nov 28, 2008
Sold by
Western Springs National Bank & Trust
Bought by
West Philip K and Flodin Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,361
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2001
Sold by
Papastratakos Peter and Papastratakos Harriet
Bought by
Western Springs National Bank & Trust and Trust #3560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,375
Interest Rate
7.02%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 14, 2001
Sold by
Western Springs National Bank & Trust
Bought by
Papastratakos Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,375
Interest Rate
7.02%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 30, 1996
Sold by
Papastratakos Peter and Papastratakos Harriet
Bought by
Western Springs National Bank & Trust and Trust #3560
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 Buyer Sale Price Title Company
Marshall Steven $380,000 Greater Illinois Title
West Philip K $231,500 Rtc
Western Springs National Bank & Trust -- --
Papastratakos Peter -- Absolute Title Services Inc
Western Springs National Bank & Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Steven $304,000
Previous Owner West Philip K $227,361
Previous Owner Papastratakos Peter $174,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $380,000 +5.8% $303 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $359,000 -- $286 / 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 $7,118 $108,998 $40,749 $68,249
2023 $6,787 $100,200 $37,460 $62,740
2022 $6,360 $92,360 $34,520 $57,840
2021 $6,090 $88,460 $33,060 $55,400
2020 $5,921 $84,730 $31,670 $53,060
2019 $5,877 $81,470 $30,450 $51,020
2018 $5,807 $77,530 $28,980 $48,550
2017 $5,653 $74,100 $27,700 $46,400
2016 $5,493 $68,410 $25,570 $42,840
2015 $5,346 $63,190 $23,620 $39,570
2014 $4,929 $58,390 $21,660 $36,730
2013 $4,832 $59,580 $22,100 $37,480
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12005408

Midwest Real Estate Data (MRED)

APN: 03-20-205-003