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7513 Florence Avenue

7513 Florence Avenue, Downers Grove, IL 60516
Sold Sep 14, 2020
$530,000
$477,000 by Loandepot.com Llc
Mortgage Due Oct 01, 2050
Sold Aug 08, 2013
$515,000
$412,000 by Wintrust Mortgage
Mortgage Due Sep 01, 2043
7513 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 1996 and is 28 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7513 Florence Avenue has 2,903 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 1,571 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 1,290 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,454 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 657 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7513 Florence Avenue sold most recently in Aug 18, 2020 for a total of $530,000. If you work out the math, that's approximately a cost of $118.46 per sqft. Before that, the property was also sold for $515,000 in Jul 30, 2013. 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 $11,249 in taxes each year. 7513 Florence Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $176,430. If we break it down further, the land itself was valued at $49,280. Improvements to the property, however, were assessed at a total of $127,150. 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: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,571
  • Garage Type: Garage
  • Garage Square Area: 657
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 800
  • Total Building Area: 4,474
  • Gross Building Area: 4,474
  • Building Area: 2,903
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,903
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLORENCE ESTATES
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FLORENCE ESTATES ALL

Ownership

  • Current Owner : DEMARS DAVID A
  • Previous Owner : CARSON SARAH E
  • Previous Owner 2: CARSON SCOTT E
  • Owner Before Previous Owner: ROTH DAVID M
  • Owner Before Previous Owner 2: DAVID M ROTH REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community High School District 99
  • School Tax School District: DOWNERS GROVE
  • Census Tract: 845802

Zoning

  • Zoning: N

Geography

  • Parcel: 09-28-301-035
  • Lot: 13
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7506
  • Longitude: -87.9899

    Address

  • Full Address: 7513 Florence Ave
  • Address - House Number: 7513
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Downers Grove
  • Carrier Code: C068
  • 4-Digit Zip Code: 4482
  • Zip Code: 60516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,249
  • Tax Rate Code Area: 9039

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 654,436
  • High Value: 755,173
  • Low Value: 553,700

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $477,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $477,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $529,290
  • Market Land Value: $147,840
  • Market Improvement Value: $381,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $176,430
  • Assessed Land Value: $49,280
  • Assessed Improvements Value: $127,150

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11788167036
  • Current Sale Price: $530,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2020-102769
  • Previous Sale Recording Date: Aug 08, 2013
  • Previous Sale Contract Date: Jul 30, 2013
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $477,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Aug 08, 2013
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $412,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2043

About Downers Grove



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Frequently Asked Questions

What neighborhood is 7513 Florence Avenue located in?
The 7513 Florence 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 7513 Florence Avenue?
The average sales price for units in 7513 Florence Avenue is $549,000 , or $174/sqft. currently.

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