NOT LISTED FOR SALE

1047 Fair Oaks Ave Oak Park, IL 60302

Estimated Value: $996,000 - $1,181,000

4 Beds
3 Baths
3,500 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $740,000 $211 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,351/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Breakfast Room
  • William Hatch Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of April 2016

BEAUTIFULLY MAINTAINED AND UPDATED SPACIOUS CLASSIC BRICK COLONIAL ON A LOVELY CORNER LOT! GENEROUS RMS THRU-OUT. HDWD FLRS, COVE MOLDINGS, 2 FRPLCS. REMODELED WD CABINET KIT W/GRANITE COUNTERTOPS, BAR AREA. MSTR SUITE W/NEW MARBLE BATH, DRESSING RM, 2 CLOSETS. DECK. 3 BRS + LRG TANDEM ON 2ND FLR, 1ST FLR OFC IS 4TH BR. WALK-UP ATTIC. WOOD REPLACEMENT WINDOWS, UPDATED ELECTRIC & COPPER PLUMBING. IN-GROUND SPRINKLER. SPECIAL!

Last Agent to Sell the Property

Jan Raspatello

@properties Christie's International Real Estate License #475138184 Listed on: 01/29/2016

@properties   Christie's International Real Estate

Last Buyer's Agent

Sarah Sullivan

Hearthstone Realty License #475131438

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,036

Year Built

  • 1936

Lot Details

  • 10,193

Parking

  • Attached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Dry Bar
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Breakfast Room
  • Recreation Room
  • Bonus Room
  • Tandem Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,036

Year Built

1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 3 Stories
  • Estimated Year Built: 1936
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors
  • Number Of Rooms: 12
  • Living Room: Dimensions: 28X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, Security System, CO Detectors, Ceiling Fan, Fan-Attic Exhaust, Sprinkler-Lawn
  • Fireplace Details: Wood Burning, Gas Logs
  • Attic: Full, Interior Stair
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 18X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Breakfast Room, Tandem Room, Recreation Room, Foyer, Bonus
  • Master Bedroom: Dimensions: 18X16, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 10X09, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 3 Name: Bonus, Dimensions: 08X06, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 4 Name: Recreation Rm, Dimensions: 28X13, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X09, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 5 Name: Tandem Rm, Dimensions: 20X09, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 6 Name: Foyer, Dimensions: 12X10, On Level: Main Level, Flooring: Ceramic Tile
  • Estimated Sq Ft: 3500
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Slate
  • Exterior Property Features: Balcony, Patio

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 200
  • Elementary School: WILLIAM HATCH ELEMENTARY SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 65X157
  • Parcel Identification Number: 16062200140000

Tax Info

  • Taxes: 17885.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2016
Closed on
Apr 29, 2016
Sold by
Bobco William D
Bought by
Marinov Botio and Marinova Antoaneta
Seller's Agent
Jan Raspatello
@properties Christie's International Real Estate
Buyer's Agent
Sarah Sullivan
Hearthstone Realty
List Price
$759,000
Sold Price
$740,000
Premium/Discount to List
-$19,000
-2.5%
Current Estimated Value
$1,106,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,026
Avg. Annual Appreciation
3.96%
Original Mortgage
$590,000
Outstanding Balance
$477,003
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$586,737

Purchase Details

Closed on
Jul 23, 1999
Sold by
Bobco William D and Bobco Donna D
Bought by
Bobco William D and William D Bobco Trust
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
Marinov Botio $740,000 None Available
Bobco William D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marinov Botio $590,000
Closed Marinov Botio $74,000
Previous Owner Bobco William D $100,000
Previous Owner Bobco William D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $740,000 -2.5% $211 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $759,000 -- $217 / 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 $28,036 $86,000 $15,563 $70,437
2023 $23,748 $86,000 $15,563 $70,437
2022 $23,748 $61,847 $13,522 $48,325
2021 $23,142 $61,845 $13,521 $48,324
2020 $25,546 $69,979 $13,521 $56,458
2019 $28,185 $73,465 $12,246 $61,219
2018 $27,129 $73,465 $12,246 $61,219
2017 $26,534 $73,465 $12,246 $61,219
2016 $21,986 $54,626 $10,205 $44,421
2015 $18,078 $54,626 $10,205 $44,421
2014 $17,886 $57,777 $10,205 $47,572
2013 $16,876 $56,363 $10,205 $46,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09126939

Midwest Real Estate Data (MRED)

APN: 16-06-220-014-0000