NOT LISTED FOR SALE

1042 Fairoaks Ave Deerfield, IL 60015

Estimated Value: $802,000 - $845,000

3 Beds
3 Baths
2,224 Sq Ft
$367/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $725,000 $326 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,837/month

Highlights

  • Farmhouse Style Home
  • Wine Refrigerator
  • Breakfast Room
  • Walden Elementary School Rated A
  • Home Office
  • Stainless Steel Appliances

About This Home

As of May 2024

Home is where the heart is! Absolutely gorgeous, remodeled 3 bedroom, 3 bath 1908 farmhouse on double lot steps from the train station and downtown Deerfield. Home has been completed remodeled in last 5 years, beautiful white Shaker cook's kitchen with 36-inch Thermador range, large farm sink, island, inviting dry bar/ coffee station. Gleaming rich, dark walnut hardwood floors throughout with custom built oak staircase (2022). This warm and sunny home offers a Pottery Barn-inspired living room with new gas fireplace, formal dining room, cozy den and a spacious 2nd floor office that could be 4th bedroom. All new, 2-zoned HVAC (2022), roof (2020), electrical(2022), copper plumbing(2020), interior lighting and Danley 2.5-car garage. Two stunning 2nd floor luxurious bathrooms(2020,2022) will take your breath away. The extra-wide lot features endless recreation/entertaining opportunities! Inviting flagstone firepit area with plenty of seating is adjacent to a separate full-sun plot with custom built garden boxes along with an utterly charming wine sipping area underneath a grapevine trellis makes this yard one of the best in town! Tons of perennials in front and back, owners even hosted a beautiful wedding in large backyard! A rare opportunity of vintage charm combined with the updates for today's living. Preferred closing early May.

Last Agent to Sell the Property

Jennifer Noone

Berkshire Hathaway HomeServices Chicago License #475126877 Listed on: 03/14/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Jacklyn Pepoon

Compass License #475163741

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,664

Year Built

  • Built in 1908

Lot Details

  • Lot Dimensions are 100x125

Parking

  • 2.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Walden Elementary School
  • Alan B Shepard Middle School
  • Deerfield High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

  • Custom Farmhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,664

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 2224
  • Room Type: Den, Office, Breakfast Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 699000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Walden Elementary School
  • High School: Deerfield High School
  • Middle/Junior School: Alan B Shepard Middle School
  • Middle/Junior School District: 109

Lot Info

  • Lot Dimensions: 100X125
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 16664
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 22, 2024
Sold by
James L Cortesi Trust and Laura J Cortesi Trust
Bought by
Lingeman Emily and Rein Jordan
Seller's Agent
Jennifer Noone
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jacklyn Pepoon
Compass
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%
Views
29
Current Estimated Value
$815,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,382
Avg. Annual Appreciation
8.69%
Original Mortgage
$580,000
Outstanding Balance
$571,334
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$244,048

Purchase Details

Closed on
Jun 8, 2022
Sold by
Cortesi James L and Cortesi Laura J
Bought by
James L Cortesi Trust and Laura J Cortesi Trust

Purchase Details

Closed on
Oct 15, 1996
Sold by
Nitto Matthew Y and Nitto Jill M
Bought by
Cortesi James L and Cortesi Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.44%
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
Lingeman Emily $725,000 None Listed On Document
James L Cortesi Trust -- None Listed On Document
Cortesi James L $207,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lingeman Emily $580,000
Previous Owner Cortesi James L $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $725,000 +3.7% $326 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $699,000 -- $314 / 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 $18,173 $243,815 $66,187 $177,628
2023 $17,663 $201,063 $63,519 $137,544
2022 $17,663 $192,384 $68,227 $124,157
2021 $16,664 $185,484 $65,780 $119,704
2020 $15,734 $185,874 $65,918 $119,956
2019 $15,366 $185,558 $65,806 $119,752
2018 $13,404 $169,384 $69,748 $99,636
2017 $13,296 $168,844 $69,526 $99,318
2016 $12,929 $159,314 $66,898 $92,416
2015 $12,657 $149,689 $62,856 $86,833
2014 $12,019 $140,497 $63,306 $77,191
2012 $11,728 $139,258 $62,748 $76,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12004391

Midwest Real Estate Data (MRED)

APN: 16-29-402-015