Sold Nov 01, 2021
$405,000
Buyer
Seller
$303,750
by Cornerstone National Bank & Tr
Mortgage
Sold Jan 14, 2020
$275,000
$150,000
by First Midwest Bank
Mortgage Due Feb 01, 2050
5300 Florence 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 1960 and is 64 years old.
Residents will have access to one full bathroom.
There is one partial bathroom in the home.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 5300 Florence Avenue has 1,321 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 1,296 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 1,200 ft and across the front of the lot is 660 ft.
The area measurement of the land has been determined as 7,841 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.
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 400 sqft. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of brick. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5300 Florence Avenue was last sold in Oct 7, 2021 for $405,000. According to our calculations, that's $154.76 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Jan 4, 2020. Current property owners are expected to pay $7,167 in taxes per year. The property on 5300 Florence Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $122,100. To break that down further, the land itself was valued at $59,810. While improvements to the property were assessed at a total of $62,290. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
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 400 sqft. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of brick. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5300 Florence Avenue was last sold in Oct 7, 2021 for $405,000. According to our calculations, that's $154.76 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Jan 4, 2020. Current property owners are expected to pay $7,167 in taxes per year. The property on 5300 Florence Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $122,100. To break that down further, the land itself was valued at $59,810. While improvements to the property were assessed at a total of $62,290. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
Building Info
Overview
Building
Neighborhood
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About Downers Grove
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