NOT LISTED FOR SALE

1506 Elmwood Ave Berwyn, IL 60402

Estimated Value: $371,000 - $423,000

3 Beds
2.5 Baths
2,500 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $349,000 $140 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,791/month

17 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Porch
  • Wood Flooring
  • Double Oven
  • 2 Car Attached Garage

About This Home

As of November 2022

Welcome to this recently renovated home in an amazing location! Professionally redesigned, this home offers four bedrooms, two and a half bathrooms and a full finished basement. The gorgeous kitchen features white cabinetry, granite countertops, modern fixtures, stainless-steel appliances and a spacious dining area. The second floor offers two bedrooms with impressively high ceilings, ample closet space and a full bathroom. You will find plenty of space to hangout in the full finished basement! The newer roof, flood control system, plumbing, electrical and furnace will give you additional peace of mind. Close to public transportation, parks and schools! The property has surveillance cameras.

Last Listed By

Garrett Horkan

City Gate Real Estate Inc. License #471021641 Listed on: 08/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1903 | Remodeled in 2022

Lot Details

  • Lot Dimensions are 37x125

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,337

Year Built

Built in 1903 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 2500
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Storage
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1421
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 349000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 98

Lot Info

  • Lot Dimensions: 37X125
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6336.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Nov 22, 2022
Sold by
Porter Jazmyn and Porter Tavares L
Bought by
Ejiogu Chukwudebelu and Roberts Chukwugozie Fredericka
Seller's Agent
Garrett Horkan
City Gate Real Estate Inc.
Buyer's Agent
Betty Jones
Unlimited Realty
List Price
$349,000
Sold Price
$349,000
Total Days on Market
17
Views
14
Current Estimated Value
$399,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,912
Avg. Annual Appreciation
5.05%
Original Mortgage
$342,678
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jan 31, 2018
Sold by
Ar Funding Inc
Bought by
Porter Jazmyn and Porter Tavares L
Seller's Agent
Rafael Avila
Coldwell Banker Realty
Buyer's Agent
Curtis Brady
CCB Realty Group, LLC
List Price
$309,500
Sold Price
$299,900
Premium/Discount to List
-$9,600
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$294,900
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2016
Closed on
Aug 12, 2016
Sold by
West Towns Acquisitions Llc
Bought by
Ar Funding Inc
Seller's Agent
Giovanni Arenella
Century 21 Circle
Buyer's Agent
Rafael Avila
Coldwell Banker Realty
List Price
$99,900
Sold Price
$93,000
Premium/Discount to List
-$6,900
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.78%
Original Mortgage
$360,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 11, 2016
Closed on
Jun 17, 2016
Sold by
Villalobos Arturo
Bought by
West Towns Acquisitions
Seller's Agent
Giovanni Arenella
Century 21 Circle
Buyer's Agent
Rafael Avila
Coldwell Banker Realty
List Price
$99,900
Sold Price
$93,000
Premium/Discount to List
-$6,900
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2003
Sold by
Villalobos Arturo and Botello Joaquin
Bought by
Villalobos Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 1998
Sold by
Gallegos Isidro and Gallegos Guadalupe
Bought by
Villalobos Arturo and Botello Joaquin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
6.68%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1995
Sold by
Bielski Frances and Bielski Richard J
Bought by
Gallegos Isidro and Gallegos Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,237
Interest Rate
7.76%
Mortgage Type
FHA

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ejiogu Chukwudebelu $349,000 North American Title
Porter Jazmyn $300,000 Chicago Title
Ar Funding Inc $93,000 Precision Title Company
Ar Funding Llc $93,000 Multiple
West Towns Acquisitions $73,500 Greater Illinois Title
Villalobos Arturo -- Git
Villalobos Arturo $119,000 Chicago Title Insurance Co
Gallegos Isidro $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chukwudebelu Ejiogu $342,488
Closed Ejiogu Chukwudebelu $342,678
Previous Owner Porter Jazmyn $294,900
Previous Owner Ar Funding Inc $360,000
Previous Owner Villalobos Arturo $231,200
Previous Owner Villalobos Arturo $170,000
Previous Owner Villalobos Arturo $200,000
Previous Owner Villalobos Arturo $117,900
Previous Owner Gallegos Isidro $106,237
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $349,000 0.0% $140 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $349,000 +16.4% $140 / Sq Ft
02/01/2018 02/01/18 Sold $299,900 0.0% $111 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
11/09/2017 11/09/17 Price Changed $299,900 -3.1% $111 / Sq Ft
10/23/2017 10/23/17 For Sale $309,500 +232.8% $115 / Sq Ft
08/13/2016 08/13/16 Sold $93,000 -6.9% --
07/27/2016 07/27/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $99,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,705 $29,000 $4,678 $24,322
2023 $6,705 $29,000 $4,678 $24,322
2022 $6,705 $27,650 $4,054 $23,596
2021 $6,420 $20,149 $4,054 $16,095
2020 $6,337 $20,149 $4,054 $16,095
2019 $5,892 $17,714 $3,638 $14,076
2018 $7,018 $17,714 $3,638 $14,076
2017 $5,156 $13,429 $3,638 $9,791
2016 $5,102 $14,559 $3,014 $11,545
2015 $4,954 $14,559 $3,014 $11,545
2014 $4,838 $14,559 $3,014 $11,545
2013 $4,396 $14,884 $3,014 $11,870
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11488965

Midwest Real Estate Data (MRED)

APN: 16-19-230-018-0000