NOT LISTED FOR SALE

1027 S Elmwood Ave Oak Park, IL 60304

Estimated Value: $415,000 - $538,000

3 Beds
2 Baths
1,240 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $300,000 $242 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,392/month

21 Days on Market

Highlights

  • Deck
  • American Four Square Architecture
  • Walk-In Pantry
  • Washington Irving School Rated A-
  • Wood Flooring
  • 4-minute walk to Rehm Park

About This Home

As of March 2016

A very charming home located on a great block! Features all spacious rooms with beautiful hardwood floors, oak woodwork, stained art glass, wood burning fireplace, updated kitchen, cozy, finished basement, rear deck opens into a fenced backyard and a 2 car detached garage! This is a Fannie Mae HomePath Property! See Agent Remarks for more info.

Last Agent to Sell the Property

Allen Snyder

RE/MAX Partners License #471003335 Listed on: 01/14/2016

RE/MAX Partners

Co-Listed By

Alicia Snyder-Poulos

RE/MAX Partners License #471009100

Last Buyer's Agent

Dominic Irpino

IRPINO Real Estate, Inc. License #471010698

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,319

Year Built

  • 1915

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • American Four Square Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Wood Burning Fireplace
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Walk-In Pantry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,319

Year Built

1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: American 4-Sq.
  • Type Detached: 2 Stories
  • Estimated Year Built: 1915
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X15, On Level: Main Level, Flooring: Hardwood
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X18, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 10X17, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 8X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Galley, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 10X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 7X18, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Other, Dimensions: 10X15, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 10X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 9X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1240
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X18, On Level: Basement, Flooring: Ceramic Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: E (East)
  • Acreage: 0.0729

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 200
  • Elementary School: IRVING ELEMENTARY SCHOOL
  • Middle School: PERCY JULIAN MIDDLE SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 25X126
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 16184120450000

Tax Info

  • Taxes: 9527.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2019
Sold by
Torres Felix Luis and Torres Felix Melinda
Bought by
Torres Felix Luis and Torres Felix Melinda
Current Estimated Value
$463,305

Purchase Details

Listed on
Jan 14, 2016
Closed on
Mar 7, 2016
Sold by
Fannie Mae
Bought by
Felix Luis
Seller's Agent
Allen Snyder
RE/MAX Partners
Buyer's Agent
Dominic Irpino
IRPINO Real Estate, Inc.
List Price
$278,900
Sold Price
$300,000
Premium/Discount to List
$21,100
7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$244,200
Outstanding Balance
$193,090
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$270,215

Purchase Details

Closed on
Nov 5, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 12, 2006
Sold by
Cesaro Benjamin F
Bought by
Demos Kenneth Gregory

Purchase Details

Closed on
Sep 21, 1995
Sold by
Palese Garrick M
Bought by
Demos Kenneth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

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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
Torres Felix Luis -- Attorney
Felix Luis -- None Available
Federal National Mortgage Association -- Attorney
Federal National Mortgage Association -- Attorney
Demos Kenneth Gregory -- None Available
Demos Kenneth G $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felix Luis $244,200
Previous Owner Demos Kenneth G $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2016 03/15/16 Sold $300,000 +7.6% $242 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $278,900 -- $225 / 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 $11,319 $34,813 $4,445 $30,368
2023 $9,175 $38,037 $4,445 $33,592
2022 $9,175 $27,316 $3,334 $23,982
2021 $8,975 $27,314 $3,333 $23,981
2020 $10,446 $31,717 $3,333 $28,384
2019 $9,204 $27,419 $3,016 $24,403
2018 $8,857 $27,419 $3,016 $24,403
2017 $9,432 $29,490 $3,016 $26,474
2016 $3,112 $8,232 $2,540 $5,692
2015 $10,233 $30,999 $2,540 $28,459
2014 $9,527 $30,999 $2,540 $28,459
2013 $10,069 $33,569 $2,540 $31,029
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Allen Snyder

    RE/MAX

    Section Image
  • Alicia Snyder-Poulos

    Seller Co-Listing Agent in 2016

    Alicia Snyder-Poulos

    RE/MAX

    (708) 514-4949

    96 Total Sales

    Alicia Snyder-Poulos
    Section Image
  • Dominic Irpino

    Buyer's Agent in 2016

    Dominic Irpino

    IRPINO Real Estate, Inc.

    (773) 965-1871

    254 Total Sales

    Dominic Irpino
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09116982

Midwest Real Estate Data (MRED)

APN: 16-18-412-045-0000

Illinois Cook County Oak Park 60304

1027 S Elmwood Ave, Oak Park, IL

This home is located at 1027 S Elmwood Ave, Oak Park, IL 60304 since 14 January 2016 and is currently estimated at $463,305, approximately $373 per square foot. This property was built in 1915. 1027 S Elmwood Ave is a home located in Cook County with nearby schools including Washington Irving School, Percy Julian Middle School, and Oak Park and River Forest High School.

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