T
Seller's Agent in 2021
Thomas Carraher
Compass
1038 Home Ave Oak Park, IL 60304
Estimated Value: $486,000 - $523,000
3
Beds
2
Baths
1,371
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Wood Flooring
- Solid Surface Countertops
- Abraham Lincoln Elementary School Rated A-
- Main Floor Bedroom
- 3-minute walk to Carroll Park
About This Home
As of February 2021MULTIPLE OFFERS RECEIVED. Highest best and final by 6:00 pm on Saturday Jan 16th. Classic character and charm are found throughout this 3BR/1.5BA bungalow on one of the best blocks in all of Historic Oak Park! Gleaming Hardwood Floors, natural wood trim abound in the spacious living room with decorative fireplace flanked by built-in bookshelves and art glass windows. The beamed ceiling dining room has a gorgeous buffet and will be the site of many great meals and gatherings for years to come. So much thought and planning went in to the professionally remodeled kitchen with oversized cabinetry, fantastic millwork, granite counters, a Wolf stainless steel oven, Miele dishwasher, Kitchen Aid refrigerator and a built in microwave. This eat-in room has mature tile back splashes and a space for a planning station. The kitchen leads to the backyard deck, two plus car garage with an extra parking space and newer sidewalks. Originally a large bedroom, the first floor family room is a perfect spot to read, watch a movie or to just get away from it all. Rounding out the first floor is a full bath with ceramic tile and one of three bedrooms. On the second level you will find a very large master bedroom with space for a king sized bed. The spacious closet has an upgraded organizer set up to optimize space and utility. One more bedroom with a half bath round out the second level. The full unfinished basement has plenty of space for storage and the potential to finish part of it if needed. Central air conditioning, some copper plumbing, updated electric are all here for you. This home is located in the heart of southwest Oak Park near an award winning school, access to I-290, CTA, Maple Park, The Jewel Food Store, restaurants, music venues and so much more. Kindly exclude basement freezer. Make the smart call today to see your next home!
Last Agent to Sell the Property
Thomas Carraher
Compass License #475115569 Listed on: 01/12/2021
Last Buyer's Agent
@properties Christie's International Real Estate License #475158203
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,714
Year Built
- 1913
Lot Details
- 4,356
Parking
- Detached Garage
- Parking Available
- Off Alley Parking
- Parking Included in Price
- Garage Is Owned
Home Design
- Bungalow
- Stucco Exterior
Interior Spaces
- Built-In Features
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Updated Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2021
Closed on
Mar 1, 2021
Sold by
Koranda Kenneth A and Koranda Joyce
Bought by
Lankenau Daniel and Lankenau Wendy
Seller's Agent
Thomas Carraher
Compass
Buyer's Agent
Elizabeth Badrinath
@properties Christie's International Real Estate
List Price
$379,900
Sold Price
$398,000
Premium/Discount to List
$18,100
4.76%
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
$110,767
Avg. Annual Appreciation
5.27%
Original Mortgage
$386,060
Outstanding Balance
$348,509
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$154,354
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 |
|---|---|---|---|
| Lankenau Daniel | $398,000 | Attorneys Ttl Guaranty Fund |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lankenau Daniel | $50,000 | |
| Open | Lankenau Daniel | $386,060 | |
| Previous Owner | Koranda Kenneth A | $70,000 | |
| Previous Owner | Koranda Kenneth A | $137,830 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $398,000 | +4.8% | $290 / Sq Ft |
| 01/16/2021 01/16/21 | Pending | -- | -- | -- |
| 01/12/2021 01/12/21 | For Sale | $379,900 | -- | $277 / 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 | $12,714 | $39,000 | $6,387 | $32,613 |
| 2023 | $12,910 | $39,000 | $6,387 | $32,613 |
| 2022 | $12,910 | $33,620 | $4,790 | $28,830 |
| 2021 | $10,337 | $33,619 | $4,790 | $28,829 |
| 2020 | $10,234 | $33,619 | $4,790 | $28,829 |
| 2019 | $8,906 | $29,385 | $4,333 | $25,052 |
| 2018 | $8,568 | $29,385 | $4,333 | $25,052 |
| 2017 | $9,394 | $29,385 | $4,333 | $25,052 |
| 2016 | $10,297 | $28,080 | $3,649 | $24,431 |
| 2015 | $9,180 | $28,080 | $3,649 | $24,431 |
| 2014 | $8,549 | $28,080 | $3,649 | $24,431 |
| 2013 | $8,784 | $29,620 | $3,649 | $25,971 |
Source: Public Records
Agents Affiliated with this Home
-
-
Elizabeth Badrinath
Buyer's Agent in 2021
Elizabeth Badrinath
@ Properties
(773) 332-3166
42 in this area
75 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10969986
APN: 16-18-312-014-0000
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