NOT LISTED FOR SALE

1038 Park Ave River Forest, IL 60305

Estimated Value: $1,433,417 - $1,675,000

6 Beds
5 Baths
4,500 Sq Ft
$345/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $1,296,700 $288 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,437/month

16 Days on Market

Highlights

  • Living Room with Fireplace
  • Formal Dining Room
  • Soaking Tub
  • Willard Elementary School Rated A
  • Detached Garage

About This Home

As of December 2021

Nestled into River Forest's Estate District, this beautiful home sits on a 75x218' lot with a massive yard and coach house to boot. 2003 gut-rehab includes new windows, plumbing, electric and roof. Gorgeous oak floors run throughout the home and coach house. 4 floors of finished living space. Expansive Living Room boasts wood burning fireplace and flows to both the Dining Room and Kitchen. The Kitchen features high end appliances, an island, ample storage, and enough space for a breakfast table with serene views of backyard. Separate Dining Room that could easily fit 10 guests connects to kitchen, sunroom, and living room. 4 season sunroom boasts heated floors, leaded glass accordion style windows and walks out to massive backyard. Four bedrooms rest on the second level, and the 3rd level is large primary en-suite with jacuzzi and 2 sinks. Four dormers in top level corners of the home make for extra storage. Finished basement includes large entertainment area, laundry room, wine cellar, and more storage spaces. 3 car garage/coach house 1 bed/1 bath, living room, and kitchen. Yard features mature trees, swing-set, and is enclosed with greenery and a fence. Willard School District!

Last Agent to Sell the Property

Brian Behan

@properties Christie's International Real Estate License #475175921 Listed on: 10/24/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Andrew Dorazio

Dorazio Real Estate LLC License #471022724

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1917 | 2003

Lot Details

  • 0.37

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement

Bedrooms and Bathrooms

  • Soaking Tub
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built | Renovated

1917 | 2003

Lot Details

0.37 Acres

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 3 Stories,Coach House
  • Property Sub Type: 3 Stories,Coach House
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2003
  • Architectural Style: Prairie
  • Directions: Park Ave north to property, just north of Augusta.
  • Lot Size: 75 X 218
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1917
  • Year Renovated: 2003

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop
  • Has Basement: Full
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Dining Room Type: Bedroom 5, Sitting Room, Foyer, Breakfast Room, Recreation Room, Den, Bedroom 6

Exterior Features

  • Exterior Features: Patio, Storms/Screens
  • Exterior Building Type: Brick,Stucco
  • Waterfront: No

Garage/Parking

  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 200
  • Middle Or Junior School: Roosevelt School

Lot Info

  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 26050.67
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2021
Closed on
Dec 15, 2021
Sold by
Cagnina Michale
Bought by
Bruce Matthew and Bruce Megan
Seller's Agent
Brian Behan
@properties Christie's International Real Estate
Buyer's Agent
Andrew Dorazio
Dorazio Real Estate LLC
List Price
$1,300,000
Sold Price
$1,296,700
Premium/Discount to List
-$3,300
-0.25%
Current Estimated Value
$1,552,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,654
Avg. Annual Appreciation
4.44%

Purchase Details

Closed on
May 28, 2003
Sold by
Epstein David Frederick and Vansteenbergh Mary Hill
Bought by
Cagnina Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,500
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2000
Sold by
Strand Jack W
Bought by
Epstein David Frederick and Vansteenbergh Mary Hill

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
7.37%

Purchase Details

Closed on
May 6, 2000
Sold by
Strand Robert H
Bought by
Strand Jack W and Estate Of Mabel M Strand

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
7.37%

Purchase Details

Closed on
Mar 3, 2000
Sold by
Strand Marilyn J
Bought by
Strand Robert H and Strand Jack W

Purchase Details

Closed on
Jan 21, 1994
Sold by
First Chicago Trust Company Of Illinois
Bought by
Strand Jacob A O and Strand Mabel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,587
Interest Rate
5.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Bruce Matthew -- --
Cagnina Michael $1,090,000 Prairie Title
Cagnina Michael $1,090,000 Prairie Title
Epstein David Frederick $622,500 Chicago Title Insurance Co
Strand Jack W -- --
Strand Jack W -- --
Strand Robert H -- --
Strand Jacob A O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cagnina Michael $817,500
Previous Owner Epstein David Frederick $350,000
Previous Owner Strand Jacob A O $227,587
Closed Strand Jacob A O $227,587
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $1,296,700 -0.3% $288 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/24/2021 10/24/21 For Sale $1,300,000 -- $289 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $29,566 $106,364 $19,710 $86,654
2024 $29,566 $106,364 $19,710 $86,654
2023 $27,581 $111,315 $19,710 $91,605
2022 $27,581 $88,833 $17,246 $71,587
2021 $26,590 $88,832 $17,246 $71,586
2020 $26,051 $88,832 $17,246 $71,586
2019 $24,816 $83,367 $15,603 $67,764
2018 $23,491 $83,367 $15,603 $67,764
2017 $23,424 $83,367 $15,603 $67,764
2016 $23,057 $74,172 $13,140 $61,032
2015 $22,612 $74,172 $13,140 $61,032
2014 $20,728 $74,172 $13,140 $61,032
2013 $24,243 $88,549 $13,140 $75,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11254399

Midwest Real Estate Data (MRED)

APN: 15-01-308-015-0000

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