NOT LISTED FOR SALE

1040 Clarence Ave Oak Park, IL 60304

Estimated Value: $522,000 - $606,000

4 Beds
2 Baths
1,690 Sq Ft
$328/Sq Ft Est. Value

About This Home

This home is located at 1040 Clarence Ave, Oak Park, IL 60304 and is currently estimated at $554,013, approximately $327 per square foot. 1040 Clarence Ave is a home located in Cook County with nearby schools including Percy Julian Middle School, Oak Park and River Forest High School, and West Suburban Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2006
Sold by
Wiemeler Edward G and Wiemeler Eileen C
Bought by
Oconnor James and Oconnor Hannah West
Current Estimated Value
$554,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Outstanding Balance
$181,184
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$372,829

Purchase Details

Closed on
May 2, 1999
Sold by
Dennis Michael E
Bought by
Wiemeler Edward G and Wiemeler Eileen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Oconnor James $399,000 Multiple
Wiemeler Edward G $200,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor James $319,200
Previous Owner Wiemeler Edward G $160,000
Source: Public Records

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 $12,049 $40,275 $5,512 $34,763
2023 $11,358 $40,275 $5,512 $34,763
2022 $11,358 $32,999 $4,134 $28,865
2021 $11,102 $32,998 $4,133 $28,865
2020 $12,141 $36,361 $4,133 $32,228
2019 $11,546 $33,524 $3,740 $29,784
2018 $11,111 $33,524 $3,740 $29,784
2017 $11,711 $35,799 $3,740 $32,059
2016 $10,159 $27,739 $3,149 $24,590
2015 $9,776 $29,733 $3,149 $26,584
2014 $9,675 $31,440 $3,149 $28,291
2013 $10,047 $33,500 $3,149 $30,351
Source: Public Records

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