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5431 Brookbank Road

5431 Brookbank Road, Downers Grove, IL 60515
Property in Downers Grove
Sold Feb 23, 2023
$516,000
$412,800 by Us Bank National Association
Mortgage Due Mar 01, 2053
Sold Aug 07, 2013
$272,500
$258,875 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2043
5431 Brookbank Road in Downers Grove, IL was first built in 1922 and is 102 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5431 Brookbank Road has 1,572 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 900 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 228 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 10, 2023 for $516,000. That's $208.74 per sqft. Prior to that sales transaction, the property was also sold in Jul 22, 2013 for $272,500. 5431 Brookbank Road was last assessed in 2022. The total value of the property was assessed at $126,800. Specifically, the land the property is located on was valued at $54,770. While improvements on the property were assessed at a total of $72,030. 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 $7,110. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 900
  • Garage Type: Garage
  • Garage Square Area: 228
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,472
  • Gross Building Area: 2,472
  • Building Area: 1,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,572
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REMINGTONS SUB
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REMINGTONS SUB OF LOT 40

Ownership

  • Current Owner : BEER JASON
  • Current Owner 2: BEER EMILY
  • Previous Owner : RAUCH FAMILY TRUST
  • Owner Before Previous Owner: FANNIE MAE
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Community High School District 99
  • School Tax School District: DOWNERS GROVE
  • Census Tract: 845702

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3144-C3
  • Parcel: 09-07-414-012
  • Lot: 40
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7881
  • Longitude: -88.0146

    Address

  • Full Address: 5431 Brookbank Rd
  • Address - House Number: 5431
  • Address - Street Name: Brookbank
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Downers Grove
  • Carrier Code: C002
  • 4-Digit Zip Code: 4842
  • Zip Code: 60515

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,110
  • Tax Rate Code Area: 9026

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 486,408
  • High Value: 569,582
  • Low Value: 403,234

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,800
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Feb 23, 2023
  • First Open Lien Mortgage Loan Amount: $412,800
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $380,400
  • Market Land Value: $164,310
  • Market Improvement Value: $216,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $126,800
  • Assessed Land Value: $54,770
  • Assessed Improvements Value: $72,030

    Sales

  • Current Sale Contract Date: Jan 10, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Transaction ID: 11902431738
  • Current Sale Price: $516,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10897
  • Previous Sale Recording Date: Aug 07, 2013
  • Previous Sale Contract Date: Jul 22, 2013
  • Previous Sale Amount: $272,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Feb 23, 2023
  • First Mortgage Loan Amount: $412,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 07, 2013
  • Previous Mortgage Loan Amount: $258,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About Downers Grove



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Frequently Asked Questions

What neighborhood is 5431 Brookbank Road located in?
The 5431 Brookbank Road is a located in the neighborhood of Downers Grove in Downers Grove, Downers Grove.
What is the average sales price for listings in 5431 Brookbank Road?
The average sales price for units in 5431 Brookbank Road is $0 currently.

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