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4837 Montgomery Avenue

4837 Montgomery Avenue, Downers Grove, IL 60515
Property in Downers Grove
Sold Aug 09, 2016
$1,514,500
$417,100 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2046
Sold Sep 02, 2015
$315,000
$190,000 by Countryside Bank
Mortgage
Local assessors in Downers Grove, IL have categorized 4837 Montgomery Avenue as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 10,019 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4837 Montgomery Avenue has a total of 3,702 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 full basement that is 1,748 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 560 sqft. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4837 Montgomery Avenue was last sold in Aug 4, 2016 for $1,514,500. According to our calculations, that's $277.89 per sqft. Prior to that sales transaction, the property was sold for $315,000 in Jul 28, 2015. Current property owners are expected to pay $23,221 in taxes per year. The property on 4837 Montgomery Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $400,550. To break that down further, the land itself was valued at $85,010. While improvements to the property were assessed at a total of $315,540. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 4
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,748
  • Garage Type: Garage
  • Garage Square Area: 560
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 5,450
  • Gross Building Area: 5,450
  • Building Area: 3,702
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,702
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLEYS MONTGOMERY PLAT OF CONSOLIDATION
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAKLEYS MONTGOMERY PLAT OF CONSOLIDATION SUB ALL

Ownership

  • Current Owner : SPROAT JEFFREY A
  • Current Owner 2: SPROAT ANN J
  • Previous Owner : OAKLEY HOME BUILDERS INC
  • Owner Before Previous Owner: MOSORA DAVID M
  • Owner Before Previous Owner 2: MOSORA CHRISTINE J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Community High School District 99
  • School Tax School District: DOWNERS GROVE
  • Census Tract: 844902

Geography

  • Parcel: 09-07-210-052
  • Lot: 1
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7984
  • Longitude: -88.0189

    Address

  • Full Address: 4837 Montgomery Ave
  • Address - House Number: 4837
  • Address - Street Name: Montgomery
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Downers Grove
  • Carrier Code: C012
  • 4-Digit Zip Code: 3421
  • Zip Code: 60515

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,221
  • Tax Rate Code Area: 9026

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 1,270,418
  • High Value: 1,470,110
  • Low Value: 1,070,726

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $944,600
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 09, 2016
  • First Open Lien Mortgage Loan Amount: $417,100
  • 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: Sep 01, 2046
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 04, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $527,500
  • Second Open Lien Mortgage Term: 418
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 28, 2051

    Market Valuation

  • Market Total Value: $1,201,650
  • Market Land Value: $255,030
  • Market Improvement Value: $946,620

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $400,550
  • Assessed Land Value: $85,010
  • Assessed Improvements Value: $315,540

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 04, 2016
  • Current Sale Recording Date: Aug 09, 2016
  • Current Sale Transaction ID: 1704206507
  • Current Sale Price: $1,514,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2016-082891
  • Previous Sale Recording Date: Sep 02, 2015
  • Previous Sale Contract Date: Jul 28, 2015
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 09, 2016
  • First Mortgage Loan Amount: $417,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYSIDE BANK
  • Previous Mortgage Transaction Date: Sep 02, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Downers Grove



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Frequently Asked Questions

What neighborhood is 4837 Montgomery Avenue located in?
The 4837 Montgomery Avenue is a located in the neighborhood of Downers Grove in Downers Grove, Downers Grove.
What is the average sales price for listings in 4837 Montgomery Avenue?
The average sales price for units in 4837 Montgomery Avenue is $0 currently.

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