See Home Value
Downers Grove 60515
425 Lake Avenue
$426,547*
House - Off Market

425 Lake Avenue

Downers Grove, IL 60515
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2052 Sqft
$342,000 - $416,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Aug 25, 2021
$365,000
$292,000 by First Guaranty Mortgage Corp
Mortgage Due Sep 01, 2051
Sold Sep 08, 2009
$308,500
$318,680 by Cherry Creek Mortgage Company
Mortgage Due Sep 01, 2039

About This Property

Home Sweet Home! Washington Park neighborhood in north Downers Grove~ Newly updated ceramic tiled bath with a whirlpool tub; Hardwood floors throughout the main level. Updated kitchen with new glass subway tile; with floor to ceiling cabinets; and a custom built in table. Large fenced back-yard; with a 20x20 new customized deck with storage.  The finished basement has carpeting; with a  3/4 bath; large closets for storage; and an office area. Newly painted, throughout. Newer high efficiency boiler and water heater~ whole house fan~  Replaced roof; and siding; whole house natural gas generator.   Mature trees, and landscape with a raised garden in the yard. New pull up/ down cellular shades added on the main level. * Perma Seal Waterproofing  in 2001.  Well maintained home; * please exclude the garage refrigerator.* Agent is related to the sellers.*

The manager has listed the unit size as 2052 square feet.
Unit Size
2,052Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$185
Property Type
House
Property Taxes
$5,822
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Oct 7, 2021 No longer available -
No longer available
Aug 25, 2021 Sold to Tracy Zoeteman $365,000
Sold to Tracy Zoeteman
Jul 2, 2021 In contract -
In contract
Jun 26, 2021 Listed $379,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Construction Type: Frame
  • Building Style: Unknown
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,026
  • Garage Type: Garage
  • Garage Square Area: 520
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 1,026
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,026
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STREETS ADD
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STREETS ADD /EX E 10 FT/ ALL E 20 FT

Ownership

  • Current Owner : ZOETEMAN TRACY
  • Previous Owner : COCHRAN JASON
  • Previous Owner 2: COCHRAN LAURA
  • Owner Before Previous Owner: WHALEN WILLIAM M
  • Owner Before Previous Owner 2: WHALEN MELISSA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Community High School District 99
  • School Tax School District: DOWNERS GROVE
  • Census Tract: 844801

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3084-E7
  • Parcel: 09-05-416-007
  • Block: 4
  • Lot: 14
  • Municipality: DOWNERS GROVE
  • Latitude: 41.8083
  • Longitude: -87.9967

    Address

  • Full Address: 425 Lake Ave
  • Address - House Number: 425
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Downers Grove
  • Carrier Code: C020
  • 4-Digit Zip Code: 3070
  • Zip Code: 60515

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,553
  • Tax Rate Code Area: 9026

    Appraisal Valuation

  • Standard Deviation: 0.1578
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 431,736
  • High Value: 499,886
  • Low Value: 363,586

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,000
  • First Open Lien Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 25, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $292,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $352,020
  • Market Land Value: $216,240
  • Market Improvement Value: $135,780

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,340
  • Assessed Land Value: $72,080
  • Assessed Improvements Value: $45,260

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Transaction ID: 11853765963
  • Current Sale Price: $365,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: R2021-128103
  • Previous Sale Recording Date: Sep 08, 2009
  • Previous Sale Contract Date: Aug 20, 2009
  • Previous Sale Amount: $308,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 25, 2021
  • First Mortgage Loan Amount: $292,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CHERRY CREEK MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: Sep 08, 2009
  • Previous Mortgage Loan Amount: $318,680
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2039



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
4 Baths
3,386 ft²
$130/ft²
$440,000 Nov 14, 2023
-
-
Multifamily
4 Beds
-
-
$410,000 Sep 29, 2023
-
$647/mo
Land
Loft
-
-
$375,000 Oct 3, 2023
-
$614/mo
Land
Loft
-
-
$325,000 Feb 28, 2023
-
$549/mo

About Downers Grove


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Frequently Asked Questions

When was property at 425 Lake Avenue built and last sold?
The property at 425 Lake Avenue was built in 1955 and last sold on Aug 12, 2021 for $365,000.
How much is this home worth?
The estimated value of the home located at 425 Lake Avenue is $399,597.
What are some comparable homes to 425 Lake Avenue?
There are currently no comparable homes to 425 Lake Avenue.

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