Check Availability

4725 Lee Avenue

4725 Lee Avenue, Downers Grove, IL 60515
Property in Downers Grove
Sold Mar 19, 2021
$940,000
$752,000 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2051
Sold Jun 03, 2004
$877,000
$275,000 by Abn Amro Mortgage Group Inc
Mortgage Due Jun 01, 2011
4725 Lee Avenue has been categorized by the local assessors in Downers Grove, IL as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4725 Lee Avenue has 3,621 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,701 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,500 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 14,810 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 672 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Mar 11, 2021 for $940,000. That's $176.63 per sqft. Prior to that sales transaction, the property was also sold in May 26, 2004 for $877,000. 4725 Lee Avenue was last assessed in 2022. The total value of the property was assessed at $350,580. Specifically, the land the property is located on was valued at $88,870. While improvements on the property were assessed at a total of $261,710. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $20,280. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Cedar Siding
Stone Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,701
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 5,322
  • Gross Building Area: 5,322
  • Building Area: 3,621
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,621
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRANIGARS WOODED HOMESI
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRANIGARS WOODED HOMESITES

Ownership

  • Current Owner : RAY STEPHEN D
  • Current Owner 2: ALLISON RAY ALLISON
  • Previous Owner : SMITH TODD G
  • Previous Owner 2: TOOHEY SMITH PAULA
  • Owner Before Previous Owner: CRONIN WILLIAM P
  • Owner Before Previous Owner 2: CRONIN MARY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Community High School District 99
  • School Tax School District: DOWNERS GROVE
  • Census Tract: 844902

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3144-A2
  • Parcel: 09-07-103-007
  • Lot: 244
  • Municipality: DOWNERS GROVE
  • Latitude: 41.8004
  • Longitude: -88.0265

    Address

  • Full Address: 4725 Lee Ave
  • Address - House Number: 4725
  • Address - Street Name: Lee
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Downers Grove
  • Carrier Code: C010
  • 4-Digit Zip Code: 3320
  • Zip Code: 60515

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,280
  • Tax Rate Code Area: 9026

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 1,177,472
  • High Value: 1,362,554
  • Low Value: 992,389

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $752,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 19, 2021
  • First Open Lien Mortgage Loan Amount: $752,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $1,051,740
  • Market Land Value: $266,610
  • Market Improvement Value: $785,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $350,580
  • Assessed Land Value: $88,870
  • Assessed Improvements Value: $261,710

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11827114577
  • Current Sale Price: $940,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-044133
  • Previous Sale Recording Date: Jun 03, 2004
  • Previous Sale Contract Date: May 26, 2004
  • Previous Sale Amount: $877,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 19, 2021
  • First Mortgage Loan Amount: $752,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Jun 03, 2004
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 83
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Jun 01, 2011

About Downers Grove



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2331 Ogden Avenue, Downers Grove, IL, 60515

$1,900 /mo

  • 2 Beds
  • 4 Baths
  • 1,200 ft²
2331 Ogden Avenue #7, Downers Grove, IL, 60515 Listing by Michael Fisher
Unit for rent at 4633 Saratoga Avenue, Downers Grove, IL, 60515

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,812 ft²
4633 Saratoga Avenue, Downers Grove, IL, 60515 Listing by Lisa Wenzel
Unit for rent at 5117 Fairview Avenue, Downers Grove, IL, 60515

$3,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,287 ft²
5117 Fairview Avenue #317, Downers Grove, IL, 60515 Listing by Denita Wuske
Unit for rent at 19w242 Old Tavern Road, Oak Brook, IL, 60523

$2,950 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,715 ft²
19w242 Old Tavern Road, Oak Brook, IL, 60523 Listing by Sophia Su
Unit for rent at 21w371 Ahlstrand Road, Lombard, IL, 60148

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,434 ft²
21w371 Ahlstrand Road, Lombard, IL, 60148 Listing by Yalan Pai

Frequently Asked Questions

What neighborhood is 4725 Lee Avenue located in?
The 4725 Lee Avenue is a located in the neighborhood of Downers Grove in Downers Grove, Downers Grove.
What is the average sales price for listings in 4725 Lee Avenue?
The average sales price for units in 4725 Lee Avenue is $0 currently.

Quantcast