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$982,500 Sold Price

SOLD ON 09/04/14

5540 Fairmount Ave Downers Grove, IL 60516

  • Single-Family Home
  • 4 full, 1 partial Bathrooms
  • 4,202 sqft
  • Lot size: 0.62 acres
  • Built in 2006
  • Edit Home Facts
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Property Details for 5540 Fairmount Ave


Description provided by Trulia
5540 Fairmount Ave This Single-Family Home located at 5540 Fairmount Avenue, Downers Grove IL sold for $982,500on Sep 4, 2014. 5540 Fairmount Ave has 4 ½ baths and approximately 4,202 square feet. The property has a lot size of 0.62 acres and was built in 2006. The average listing price for similar homes for sale is $884,637 and the average sales price for similar recently sold homes is $888,230. 5540 Fairmount Ave is in the 60516 ZIP code in Downers Grove, IL. The average price per square foot for homes for sale in 60516 is $166.

Public Records for 5540 Fairmount Ave


Official property, sales, and tax information from county (public) records as of 08/2014:
    • Single Family Residential
    • 4,202 sqft
    • Stories: 2 story with basement
    • Construction: Frame
    • Tax Rate Code Area: 9026
    • 4 Bathrooms
    • Lot Size: 0.62 acres
    • Parking: Garage
    • Basement: Full Basement
    • 1 Partial Bathroom
    • Built In 2006
    • Parking Spaces: 4
    • County: DuPage

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Property Taxes and Assessment for 5540 Fairmount Ave


Land
Improvement
Total
$70,860
+
$159,700
=
$230,560
Year Tax Assessment Market
2013 $14,251 $230,560  N/A
Source: Public Records

Price History for 5540 Fairmount Ave


Date Event Price Source Agents
09/04/2014 Sold view detail $982,500 Public records Public records  
  • Recording Date
    09/04/2014
  • Contract Date
    08/25/2014
  • Sale Price
    $982,500
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • County Transfer Tax
    $1,474
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed
05/18/2004 Sold view detail $975,000 Public records Public records  
  • Recording Date
    05/18/2004
  • Contract Date
    04/06/2004
  • Sale Price
    $975,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • Total Transfer Tax
    $1,463
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed
05/05/1999 Sold view detail $170,000 Public records Public records  
  • Recording Date
    05/05/1999
  • Contract Date
    04/14/1999
  • Sale Price
    $170,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • Total Transfer Tax
    $255
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    REO Resale

Real Estate Trends in 60516


Sale price for 5540 Fairmount Ave $982,500  
Average listing price for similar homes $884,637 10% below sale price
Average sale price for similar homes $888,230 10% below sale price
Average listing price for all homes in 60516 $402,168 144% below sale price
Median sale price for all homes in 60516 $285,250 71% below sale price

Comparables and Estimates around 5540 Fairmount Ave


$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm

Contact Info

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