NOT LISTED FOR SALE

1016 Fair Oaks Ave Oak Park, IL 60302

Estimated Value: $815,933 - $885,000

3 Beds
2 Baths
1,976 Sq Ft
$424/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $555,000 $281 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,099/month

5 Days on Market

Highlights

  • Rooftop Deck
  • Georgian Architecture
  • Home Office
  • William Hatch Elementary School Rated A-
  • Mud Room
  • 4-minute walk to Taylor Park

About This Home

As of July 2015

CLASSIC HOME WITH CHARM & MODERN CONVENIENCES. LIVING RM.WITH FIREPLACE FABULOUS GOURMET KITCHEN HAS PREP AREA OPENING INTO DINING RM. WITH BREAKFAST BAR.SS APPL., 6 BURNER COMMERCIAL STOVE. FAMILY ROOM IS CONVENIENTLY LOCATED OFF DIN. RM.BATHROOM & PWD.RM HAVE BEEN COMPLETELY REMODELED. 3 BR. PLUS OFFICE ON 2ND FLR. MUD ROOM LEADS TO A LG. YARD FOR GATHERINGS. UNFINISHED BSMT. SO MANY UPGRADES. SEE ADDITIONAL INFO.

Last Agent to Sell the Property

Barbara Kohut

Berkshire Hathaway HomeServices Chicago License #475125531 Listed on: 05/17/2015

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Cory Kohut

Compass License #475160455

Last Buyer's Agent

Nicole Verlotta

d'aprile properties License #475162388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,479

Year Built

  • 1927

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Garage Transmitter
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Interior Spaces

  • Mud Room
  • Home Office
  • Storm Screens
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Patio

Location

  • Property is near a bus stop

Utilities

  • Zoned Heating and Cooling
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,479

Year Built

1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1927
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 23X13, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Location: Living Room
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Dimensions: 19X10, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Mud Room, Office
  • Master Bedroom: Dimensions: 15X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 8X6, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Mud, Dimensions: 6X6, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Family Room: Dimensions: 15X11, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick
  • Exterior Property Features: Patio, Roof Deck, Storms/Screens
  • Acreage: 0.1791

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • School District: 200
  • Elementary School: WILLIAM HATCH ELEMENTARY SCHOOL
  • Middle School: GWENDOLYN BROOKS MIDDLE SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 50X157
  • Parcel Identification Number: 16062210080000

Tax Info

  • Taxes: 13789.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2015
Sold by
Prouty John A and Prouty Clara N
Bought by
Veeraldi Frank M and Starr Catherine M
Current Estimated Value
$838,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2010
Sold by
Girardi Richard J and Girardi Marilyn R
Bought by
Prouty John A and Prouty Clara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.97%
Mortgage Type
New Conventional
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
Veeraldi Frank M $555,000 Git
Prouty John A $450,000 Baird & Warner Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veraldi Frank M $250,000
Closed Veraldi Frank M $370,000
Previous Owner Veeraldi Frank M $417,000
Previous Owner Prouty John A $49,950
Previous Owner Prouty John A $400,000
Previous Owner Prouty John A $403,000
Previous Owner Prouty John A $405,000
Previous Owner Prouty John A $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $555,000 -0.7% $281 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/17/2015 05/17/15 For Sale $559,000 -- $283 / 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 $18,479 $60,000 $11,895 $48,105
2023 $14,307 $60,000 $11,895 $48,105
2022 $14,307 $40,679 $10,335 $30,344
2021 $13,976 $40,679 $10,335 $30,344
2020 $13,717 $40,679 $10,335 $30,344
2019 $18,067 $50,522 $9,360 $41,162
2018 $17,388 $50,522 $9,360 $41,162
2017 $17,029 $50,522 $9,360 $41,162
2016 $16,698 $43,984 $7,800 $36,184
2015 $14,916 $43,984 $7,800 $36,184
2014 $13,879 $43,984 $7,800 $36,184
2013 $13,789 $45,000 $7,800 $37,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08925439

Midwest Real Estate Data (MRED)

APN: 16-06-221-008-0000