NOT LISTED FOR SALE

1027 N Elmwood Ave Oak Park, IL 60302

Estimated Value: $796,000 - $893,000

3 Beds
2 Baths
2,362 Sq Ft
$360/Sq Ft Est. Value

About This Home

This home is located at 1027 N Elmwood Ave, Oak Park, IL 60302 and is currently estimated at $849,423, approximately $359 per square foot. 1027 N Elmwood Ave is a home located in Cook County with nearby schools including William Hatch Elementary School, Gwendolyn Brooks Middle School, and Oak Park and River Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2010
Sold by
Korbet Stephen
Bought by
Korbet Stephen and Korbet Sheri L
Current Estimated Value
$849,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2008
Sold by
Varnado Robin and Foreman Robin Varnado
Bought by
Korbet Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2006
Sold by
Foreman Michael and Foreman Robin
Bought by
Foreman Robin Varnado and Robin Varnado Foreman Trust

Purchase Details

Closed on
Jun 15, 2001
Sold by
Jablonski Hellweg Volker and Jablonski Hellweg Nancy
Bought by
Foreman Michael and Foreman Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 29, 1998
Sold by
Diamond Michael I and Diamond Barbara C
Bought by
Jablonski Hellweg Volker and Jablonski Hellweg Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
7%

Purchase Details

Closed on
Mar 14, 1994
Sold by
Diamond Michael I and Diamond Barbara C
Bought by
Diamond Michael I and Diamond Barbara C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Korbet Stephen -- Multiple
Korbet Stephen $640,000 Commonwealth Land Title Insu
Foreman Robin Varnado -- None Available
Foreman Michael $527,500 Prairie Title
Jablonski Hellweg Volker $331,000 Prairie Title
Diamond Michael I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Korbet Stephen $210,500
Closed Korbet Stephen $315,500
Closed Korbet Stephen $346,250
Closed Korbet Stephen $350,000
Closed Korbet Stephen $350,000
Previous Owner Foreman Michael $100,000
Previous Owner Foreman Michael $516,000
Previous Owner Foreman Michael $50,250
Previous Owner Foreman Michael $474,750
Previous Owner Jablonski Hellweg Volker $263,000
Source: Public Records

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 $18,397 $62,400 $9,751 $52,649
2023 $16,771 $62,400 $9,751 $52,649
2022 $16,771 $49,832 $8,472 $41,360
2021 $16,403 $49,831 $8,472 $41,359
2020 $16,152 $49,831 $8,472 $41,359
2019 $16,434 $49,007 $7,672 $41,335
2018 $15,814 $49,007 $7,672 $41,335
2017 $16,481 $49,007 $7,672 $41,335
2016 $16,724 $44,049 $6,394 $37,655
2015 $14,939 $44,049 $6,394 $37,655
2014 $13,900 $44,049 $6,394 $37,655
2013 $13,249 $43,341 $6,394 $36,947
Source: Public Records

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