NOT LISTED FOR SALE

1031 Forest Ave Oak Park, IL 60302

Estimated Value: $816,000 - $1,061,000

3 Beds
2 Baths
2,500 Sq Ft
$367/Sq Ft Est. Value

Last Sold March 27, 2014

Last sale price $535,000 $214 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,352/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Breakfast Room
  • Breakfast Bar
  • Horace Mann Elementary School Rated A
  • Detached Garage
  • 5-minute walk to Lindberg Park

About This Home

As of March 2014

This beautiful red brick center entrance Colonial has so much to offer.Lovely arched doorways to LR/DR from foyer.Hdwd flrs T/O exc Fam Rm.Crown molding T/O,Kit remodeled 5 yrs w/granite,cypress panelled cabinetry.Brkfast RM,Dble-sided wdbg FP,2 staircases to bsmt.gracious staircase to 2nd floor,3 BRs,1.1 BAs,full bsmt,tons of closet space,2c det gar, large lot,shed,close to park & trans.Exclusions in agent remarks

Last Agent to Sell the Property

Mari Hans

Berkshire Hathaway HomeServices Chicago Listed on: 02/03/2014

Co-Listed By

Charlotte Messina

Gagliardo Realty Associates LLC

Last Buyer's Agent

David Gullo

Gullo & Associates License #471004288

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,546

Year Built

  • 1932

Lot Details

  • 8,320

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Breakfast Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,546

Year Built

1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1932
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1932

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X28, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Disposal
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 10X17, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Breakfast Room
  • Master Bedroom: Dimensions: 14X20, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 2500
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X19, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 50X166
  • Parcel Identification Number: 16061150170000

Tax Info

  • Taxes: 14814.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 27, 2014
Sold by
Hara James M O and Hara Mary G O
Bought by
Gullo David and Melin Cynthia A
Seller's Agent
Mari Hans
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
David Gullo
Gullo & Associates
List Price
$519,900
Sold Price
$535,000
Premium/Discount to List
$15,100
2.9%
Current Estimated Value
$916,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,304
Avg. Annual Appreciation
4.75%
Original Mortgage
$417,000
Outstanding Balance
$320,308
Interest Rate
4.62%
Mortgage Type
Unknown
Estimated Equity
$595,996
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
Gullo David $535,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gullo David $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2014 03/27/14 Sold $535,000 +2.9% $214 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $519,900 -- $208 / 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 $18,546 $60,205 $12,658 $47,547
2023 $14,626 $60,205 $12,658 $47,547
2022 $14,626 $41,511 $10,998 $30,513
2021 $14,286 $41,509 $10,997 $30,512
2020 $14,020 $41,509 $10,997 $30,512
2019 $17,562 $49,205 $9,960 $39,245
2018 $16,902 $49,205 $9,960 $39,245
2017 $17,226 $51,068 $9,960 $41,108
2016 $16,289 $42,968 $8,300 $34,668
2015 $15,871 $46,633 $8,300 $38,333
2014 $14,766 $46,633 $8,300 $38,333
2013 $14,776 $48,031 $8,300 $39,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08528515

Midwest Real Estate Data (MRED)

APN: 16-06-115-017-0000