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Market Watch: Christiana Bezanis loses over $150,000 on sale of Hinsdale home

Illinois' highest-in-the-nation property taxes are eroding home equity and depressing home values across the state. This report is part of a SYHN News Service series on recent home sales that demonstrate the consequences.

The home: 212 E. Chicago Ave., Hinsdale

The 2,775-square-foot home has 4 bedrooms, 4 baths and a gourmet kitchen.

The seller: Christiana Zouziaz Bezanis

The seller: Christiana Zouziaz Bezanis

The purchase: In June 2006, Bezanis paid $610,000 for the home, or roughly $755,308 in today's dollars, according to the U.S. Bureau of Labor Statistics

The sale: According to Zillow, Bezanis sold the home for $605,000 in December 2018, or approximately $150,308 less than the original purchase price, in today's dollars.

Bezanis originally listed the home for $569,000 in April 2010.  She raised the price briefly to $625,000 in February 2011.  In July 2017, the home was listed for rent at $4,000 per month. It was back on the market in November 2018 listed at $625,000.

The property taxes: Based on data compiled from and Zillow, Bezanis paid $83,495 in property taxes between 2007 and 2017, or about 14 percent of the sale price.


The Financial Facts in Today’s Dollars

Seller's Purchase PriceAmount Home Sold for in 2019Seller’s Property Taxes


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