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6541 Lyman Avenue

6541 Lyman Avenue, Downers Grove, IL 60516
Sold Jul 17, 2020
$334,000
$267,200 by Key Mortgage Services Inc
Mortgage Due Aug 01, 2050
Sold Jan 22, 2019
$267,000
$200,250 by Key Mortgage Services Inc
Mortgage Due Feb 01, 2049
Local assessors in Downers Grove, IL have categorized 6541 Lyman Avenue as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 11,326 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6541 Lyman Avenue has a total of 1,200 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 624 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 6541 Lyman Avenue sold most recently in Jun 26, 2020 for a total of $334,000. If you work out the math, that's approximately a cost of $183.11 per sqft. Before that, the property was also sold for $267,000 in Jan 7, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,685 in taxes each year. 6541 Lyman Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $119,580. If we break it down further, the land itself was valued at $63,350. Improvements to the property, however, were assessed at a total of $56,230. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Cedar Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Frame
  • Building Style: Split level
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 624
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,824
  • Gross Building Area: 1,824
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNRIDGE RESUBDIVISION
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNRIDGE RESUBDIVISION

Ownership

  • Current Owner : BOYLE RYAN
  • Current Owner 2: WOLZ KATHRYN
  • Previous Owner : WILLIAMS ANDREW
  • Previous Owner 2: WILLIAMS FORREST ANDREW
  • Owner Before Previous Owner: OBEE KURT W
  • Owner Before Previous Owner 2: OBEE LISLIE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 3144-D6
  • Parcel: 09-20-204-023
  • Block: 2
  • Lot: 13
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7677
  • Longitude: -88.0031

    Address

  • Full Address: 6541 Lyman Ave
  • Address - House Number: 6541
  • Address - Street Name: Lyman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Downers Grove
  • Carrier Code: C048
  • 4-Digit Zip Code: 2918
  • Zip Code: 60516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,685
  • Tax Rate Code Area: 9026

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 421,318
  • High Value: 493,290
  • Low Value: 349,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $267,200
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Jul 17, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $267,200
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $358,740
  • Market Land Value: $190,050
  • Market Improvement Value: $168,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,580
  • Assessed Land Value: $63,350
  • Assessed Improvements Value: $56,230

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Transaction ID: 11774183879
  • Current Sale Price: $334,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020-076273
  • Previous Sale Recording Date: Jan 22, 2019
  • Previous Sale Contract Date: Jan 07, 2019
  • Previous Sale Amount: $267,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Jul 17, 2020
  • First Mortgage Loan Amount: $267,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: KEY MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: Jan 22, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $200,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2049

About Downers Grove



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Frequently Asked Questions

What neighborhood is 6541 Lyman Avenue located in?
The 6541 Lyman Avenue is a house located in the neighborhood of Downers Grove in Downers Grove, Downers Grove.
What is the average sales price for listings in 6541 Lyman Avenue?
The average sales price for units in 6541 Lyman Avenue is $0 currently.

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