NOT LISTED FOR SALE

1015 Fair Oaks Ave Oak Park, IL 60302

Estimated Value: $678,000 - $968,428

3 Beds
3 Baths
2,900 Sq Ft
$283/Sq Ft Est. Value

Last Sold January 09, 2017

Last sale price $420,000 $145 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,390/month

72 Days on Market

Highlights

  • Recreation Room
  • Home Office
  • Central Air
  • William Hatch Elementary School Rated A-
  • Detached Garage
  • Baseboard Heating

About This Home

As of January 2017

2900 sq ft (one of the largest houses in the area), 2-story on beautiful wooded lot with Fair Oaks Address (Well maintained houses $600,000 $800.000) - Main level study/bedroom and 3 upper level bedrooms (one a master bedroom with bathroom), large eat-in kitchen, living room, dining room, library and 2-sided fireplace. RealAVM Value $646,292. Gas hot water heat and Central AC. Partially finished basement. Large 2.5 car garage, deck and concrete basketball court.

Last Agent to Sell the Property

George Vlasis

George Vlasis Realty License #471007458 Listed on: 09/06/2016

Last Buyer's Agent

Erica Cuneen

Beyond Properties Realty Group License #471004571

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,043

Year Built

  • 1951

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Home Office
  • Recreation Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $3,800 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,043

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1951
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Number Of Rooms: 10
  • Living Room: Dimensions: 20X12, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X13, On Level: Main Level
  • Kitchen Type: Dimensions: 19X10, On Level: Main Level
  • Additional Rooms: Recreation Room, Den, Office
  • Master Bedroom: Dimensions: 22X12, On Level: 2nd Level
  • Additional Room 1 Name: Recreation Rm, Dimensions: 20X16, On Level: Basement
  • Additional Room 2 Name: Den, Dimensions: 11X10, On Level: Main Level
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level
  • Additional Room 3 Name: Office, Dimensions: 11X10, On Level: Main Level
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level
  • Estimated Sq Ft: 2900
  • Family Room: Dimensions: 15X13, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Acreage: 0.1802

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Baseboard

Schools

  • School District: 200
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 7850
  • Parcel Identification Number: 16062200220000

Tax Info

  • Taxes: 17417.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Dec 1, 2016
Sold by
The Bank Of New York Mellon
Bought by
Loster Jeffrey and Loster Kathryn
Seller's Agent
George Vlasis
George Vlasis Realty
Buyer's Agent
Erica Cuneen
Beyond Properties Realty Group
List Price
$588,000
Sold Price
$420,000
Premium/Discount to List
-$168,000
-28.57%
Current Estimated Value
$821,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,857
Avg. Annual Appreciation
7.91%
Original Mortgage
$378,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2016
Sold by
Heinze Robert and Heinze Robert P
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 22, 2001
Sold by
Sherrell Robert and Sherrell Kathleen E
Bought by
Heinze Robert P and Heinze Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,050
Interest Rate
7.62%
Source: Public Records

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
Loster Jeffrey $420,000 Chicago Title
The Bank Of New York Mellon -- None Available
Heinze Robert P $424,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loster Kathryn $365,000
Closed Loster Jeffrey $378,000
Previous Owner Heinze Robert P $130,000
Previous Owner Heinze Robert $448,000
Previous Owner Heinze Robert P $440,000
Previous Owner Heinze Robert P $382,000
Previous Owner Heinze Robert P $382,050
Previous Owner Sherrell Robert $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2017 01/09/17 Sold $420,000 -8.7% $145 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
10/26/2016 10/26/16 Price Changed $459,900 -8.0% $159 / Sq Ft
09/13/2016 09/13/16 Price Changed $499,900 -10.5% $172 / Sq Ft
09/08/2016 09/08/16 Price Changed $558,600 -5.0% $193 / Sq Ft
09/06/2016 09/06/16 For Sale $588,000 -- $203 / Sq Ft
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 $23,043 $68,100 $11,971 $56,129
2023 $20,148 $74,000 $11,971 $62,029
2022 $20,148 $55,889 $10,401 $45,488
2021 $19,667 $55,889 $10,401 $45,488
2020 $19,270 $55,889 $10,401 $45,488
2019 $21,124 $58,488 $9,420 $49,068
2018 $20,330 $58,488 $9,420 $49,068
2017 $19,906 $58,488 $9,420 $49,068
2016 $20,949 $54,546 $7,850 $46,696
2015 $18,724 $54,546 $7,850 $46,696
2014 $17,418 $54,546 $7,850 $46,696
2013 $16,705 $53,960 $7,850 $46,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09334913

Midwest Real Estate Data (MRED)

APN: 16-06-220-022-0000