1038 Forest Ave River Forest, IL 60305
Estimated Value: $1,374,248 - $1,513,000
5
Beds
5
Baths
3,334
Sq Ft
$439/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Deck
- Recreation Room
- Willard Elementary School Rated A
- Property is near a park
- Wood Flooring
About This Home
As of March 2022This is the one! Sitting on a 50 x 219 Lot, this home has been beautifully renovated in 2018 and is on one of the prettiest streets in River Forest. Enter this showstopper and fall in love; from the moment you step up to the front porch and peer into the foyer with marble tiles, custom doors, tall ceiling height and natural sunlight beaming throughout. Designed by Walden Interiors, no detail is left untouched. Upon entry the staircase captures your attention, leading you into a large foyer featuring a mud room and a tastefully designed powder bath. The living room is a classic beauty boasting original restored 8 foot pocket sliding doors, decorative wood burning fire place with black soapstone surround and an additional 3 season sunroom. The kitchen features a 48" six burner with griddle Wolf range double oven, pot-filler, custom hood, separate built-in full height refrigerator and freezer, and porcelain countertops from countertop to ceiling. The large walk-in pantry includes a second full-sized refrigerator and plenty of storage. Chef's kitchen and dining space are drenched in sun and overlooking the yard with custom 8 foot sliding doors that lead out to a fully fenced backyard with deck and patio. The second floor features 4 bedrooms. The large primary bedroom has extra seating space, a large walk-in closet and marble bathroom with dual sinks and walk in shower. There is also a second full bath with tub on the second level. 5th bedroom is freshly carpeted and tucked away on 3rd floor, which also includes a small plumbed quarter bath plus an extra den or closet space. The finished basement has a full bathroom, yoga/workout room, storage room, laundry room with side by side washer and dryer, not to mention a good sized Rec room. The beauty is undeniable but the bones are amazing too! New full renovation in 2018 - windows, HVAC, plumbing, electric, flooring sanded and re-stained, sump pump, drain tiles and overhead sewer, so many details we could go on and on. Sellers have never used the fireplace; fireplace being sold As Is and 2 car garage being sold As Is. Tv in gym is excluded. Highest and Best offers due in by Monday at 2:30pm (2/14/22). No escalation clauses.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,040
Year Built
- Built in 1915 | Remodeled in 2018
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 50 x 219
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Radon Mitigation System
- Stucco
Interior Spaces
- 3,334 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Ceiling height of 9 feet or more
- Ceiling Fan
- Wood Burning Fireplace
- Decorative Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Family or Dining Combination
- Home Office
- Recreation Room
- Sun or Florida Room
- Screened Porch
- Lower Floor Utility Room
- Storage Room
- Home Gym
- Finished Attic
Kitchen
- Range with Range Hood
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Partially Carpeted
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Deck
- Patio
Location
- Property is near a park
Schools
- Willard Elementary School
- Roosevelt Middle School
- Oak Park & River Forest High Sch
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Community Details
- Tennis Courts
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2022
Closed on
Mar 1, 2022
Sold by
Valente Michael S and Michael S Valente Revocable Trust
Bought by
Weston Tyler and Weston Arielle
Seller's Agent
Juana Honeycutt
Compass
Buyer's Agent
Colleen Navigato
Compass
List Price
$1,150,000
Sold Price
$1,280,000
Premium/Discount to List
$130,000
11.3%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,062
Avg. Annual Appreciation
4.26%
Original Mortgage
$896,000
Outstanding Balance
$844,588
Interest Rate
3.92%
Estimated Equity
$619,474
Purchase Details
Closed on
Sep 29, 2017
Sold by
First American Bank
Bought by
Valente Michael and Michael S Valente Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,000
Interest Rate
4.5%
Mortgage Type
Construction
Similar Homes in River Forest, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weston Tyler | -- | -- | |
| Valente Michael | $695,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weston Tyler | $896,000 | |
| Previous Owner | Valente Michael | $200,000 | |
| Previous Owner | Valente Michael | $150,000 | |
| Previous Owner | Valente Michael S | $740,200 | |
| Previous Owner | Valente Michael S | $735,000 | |
| Previous Owner | Valente Michael | $735,000 | |
| Previous Owner | Valente Michael | $0 | |
| Previous Owner | Valente Michael | $687,000 | |
| Previous Owner | The Midwest Trust Services Inc | $90,000 | |
| Previous Owner | The Midwest Trust Services Inc | $399,200 | |
| Previous Owner | Ward James E | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2022 03/16/22 | Sold | $1,280,000 | +11.3% | $384 / Sq Ft |
| 02/14/2022 02/14/22 | Pending | -- | -- | -- |
| 02/11/2022 02/11/22 | For Sale | $1,150,000 | -- | $345 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $19,786 | $122,631 | $13,140 | $109,491 |
| 2023 | $19,786 | $108,000 | $13,140 | $94,860 |
| 2022 | $19,786 | $66,191 | $11,498 | $54,693 |
| 2021 | $19,083 | $64,693 | $11,497 | $53,196 |
| 2020 | $20,040 | $69,052 | $11,497 | $57,555 |
| 2019 | $18,049 | $61,571 | $10,402 | $51,169 |
| 2018 | $11,317 | $38,507 | $10,402 | $28,105 |
| 2017 | $18,518 | $66,612 | $10,402 | $56,210 |
| 2016 | $15,113 | $49,475 | $8,760 | $40,715 |
| 2015 | $16,295 | $54,184 | $8,760 | $45,424 |
| 2014 | $15,527 | $56,207 | $8,760 | $47,447 |
| 2013 | $16,444 | $60,909 | $8,760 | $52,149 |
Source: Public Records
Agents Affiliated with this Home
-
Juana Honeycutt
Seller's Agent in 2022
Juana Honeycutt
Compass
(773) 968-6625
11 in this area
153 Total Sales
-
Kaitlin Sager
Seller Co-Listing Agent in 2022
Kaitlin Sager
Compass
3 in this area
53 Total Sales
-
Colleen Navigato
Buyer's Agent in 2022
Colleen Navigato
Compass
(708) 989-0989
26 in this area
116 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11322346
APN: 15-01-307-013-0000
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