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4913 Oakwood Avenue

4913 Oakwood Avenue, Downers Grove, IL 60515
Property in Downers Grove
Sold Jul 28, 2021
$1,224,500
$979,239 by Summit Funding Inc
Mortgage Due Aug 01, 2051
Sold Oct 20, 2020
$326,000
4913 Oakwood 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 1897 and is 127 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 4913 Oakwood Avenue has 1,425 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 853 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 1,320 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,534 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. 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. 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, 4913 Oakwood Avenue was last sold in Jul 19, 2021 for $1,224,500. According to our calculations, that's $537.53 per sqft. Prior to that sales transaction, the property was sold for $326,000 in Aug 20, 2020. Current property owners are expected to pay $21,832 in taxes per year. The property on 4913 Oakwood Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $376,950. To break that down further, the land itself was valued at $60,530. While improvements to the property were assessed at a total of $316,420. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Condition

New Construction

Parking

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

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 853
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,278
  • Gross Building Area: 2,278
  • Building Area: 1,425
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,425
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRINCE & COS 3RD ADD
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRINCE & COS 3RD ADD

Ownership

  • Current Owner : ASAY KYLE
  • Current Owner 2: ASAY SARAH
  • Previous Owner : HIGHVIEW HOMES INC
  • Owner Before Previous Owner: MCELLIGOTT DAVID J
  • Owner Before Previous Owner 2: MCELLIGOTT HILARY S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

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-B2
  • Parcel: 09-07-214-003
  • Block: 40
  • Lot: 26
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7978
  • Longitude: -88.0177

    Address

  • Full Address: 4913 Oakwood Ave
  • Address - House Number: 4913
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Downers Grove
  • Carrier Code: C012
  • 4-Digit Zip Code: 3452
  • Zip Code: 60515

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,832
  • Tax Rate Code Area: 9026

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 929,748
  • High Value: 1,124,627
  • Low Value: 734,870

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $979,239
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 28, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $979,239
  • 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, 2051

    Market Valuation

  • Market Total Value: $1,130,850
  • Market Land Value: $181,590
  • Market Improvement Value: $949,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $376,950
  • Assessed Land Value: $60,530
  • Assessed Improvements Value: $316,420

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11845808246
  • Current Sale Price: $1,224,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-114125
  • Previous Sale Recording Date: Oct 20, 2020
  • Previous Sale Contract Date: Aug 20, 2020
  • Previous Sale Amount: $326,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Jul 28, 2021
  • First Mortgage Loan Amount: $979,239
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Downers Grove



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Nearby Rentals

Unit for rent at

$3,250 /mo

  • 4 Beds
  • 3 Baths
  • 2,170 ft²
Listing by Daniela Duta

Frequently Asked Questions

What neighborhood is 4913 Oakwood Avenue located in?
The 4913 Oakwood Avenue is a located in the neighborhood of Downers Grove in Downers Grove, Downers Grove.
What is the average sales price for listings in 4913 Oakwood Avenue?
The average sales price for units in 4913 Oakwood Avenue is $0 currently.

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