NOT LISTED FOR SALE

1042 S East Ave Oak Park, IL 60304

Estimated Value: $465,000 - $520,000

3 Beds
2 Baths
1,230 Sq Ft
$405/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $381,500 $310 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,642/month

48 Days on Market

Highlights

  • Home Office
  • 2 Car Detached Garage
  • Central Air
  • Percy Julian Middle School Rated A-
  • Laundry Room
  • 4-minute walk to Oak Park Conservatory

About This Home

As of July 2018

Classic Charm blends with modern design ever so effortlessly with this classic 2 story home in the heart of Oak Park. This home has undergone a top to bottom renovation and everything is new! From the moment you enter this home you will be amazed with the gleaming hardwood floors, modern paint scheme, gourmet kitchen with granite counters, decorative fireplace in living room, tons of light shine in with all the windows! The list goes on and you will not be disappointed! Not only are the updates flawless, let's not overlook the amazing location!!!! Being just blocks from Rehm Park/Pool and minutes from I-290, it does not get much better than this!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 04/19/2018

RE/MAX Premier

Last Buyer's Agent

Dina Alikakos

RE/MAX At Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,648

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 25 x 125

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Irving Elementary School
  • Percy Julian Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • American

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,648

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Fireplace Location: Living Room

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: IRVING ELEMENTARY SCHOOL
  • Middle/Junior School: PERCY JULIAN MIDDLE SCHOOL

Lot Info

  • Lot Dimensions: 25 X 125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8648.11
  • Tax Year: 2016
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jun 21, 2018
Sold by
Mtglq Investors L P
Bought by
Romero Liliana and Romero Roberto
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Dina Alikakos
RE/MAX At Home
List Price
$379,500
Sold Price
$381,500
Premium/Discount to List
$2,000
0.53%
Current Estimated Value
$498,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,138
Avg. Annual Appreciation
3.68%
Original Mortgage
$362,425
Outstanding Balance
$314,139
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$184,499

Purchase Details

Closed on
Sep 29, 2017
Sold by
Chang Helen N
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jul 2, 2007
Sold by
Duignan James and Duignan Celeste
Bought by
Chang Helen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 1996
Sold by
Mcintyre Kathleen Mary
Bought by
Duignan James and Duignan Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,150
Interest Rate
8.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romero Liliana $381,500 Chicago Title
Mtglq Investors Lp -- Ticor Title Insurance Compan
Chang Helen N $329,000 Pntn
Duignan James $107,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Liliana $362,425
Previous Owner Chang Helen N $263,000
Previous Owner Duignan James $106,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2018 07/18/18 Sold $381,500 +0.5% $310 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $379,500 -- $309 / 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 $12,316 $35,775 $4,410 $31,365
2023 $10,404 $37,780 $4,410 $33,370
2022 $10,404 $27,096 $3,308 $23,788
2021 $12,024 $32,132 $3,307 $28,825
2020 $11,730 $32,132 $3,307 $28,825
2019 $11,100 $28,933 $2,992 $25,941
2018 $9,871 $30,165 $2,992 $27,173
2017 $9,676 $30,165 $2,992 $27,173
2016 $8,648 $23,984 $2,520 $21,464
2015 $7,703 $23,984 $2,520 $21,464
2014 $7,176 $23,984 $2,520 $21,464
2013 $8,652 $29,216 $2,520 $26,696
Source: Public Records

Agents Affiliated with this Home

  • Ryan Smith

    Seller's Agent in 2018

    Ryan Smith

    RE/MAX Premier

    (312) 810-9680

    11 in this area

    788 Total Sales

    Ryan Smith
    Section Image

  • D

    Buyer's Agent in 2018

    Dina Alikakos

    RE/MAX At Home

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09921083

Midwest Real Estate Data (MRED)

APN: 16-18-411-013-0000

Illinois Cook County Oak Park 60304

1042 S East Ave, Oak Park, IL

Not Listed for Sale

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