NOT LISTED FOR SALE

1223 N Elmwood Ave Oak Park, IL 60302

Estimated Value: $512,000 - $620,000

4 Beds
2 Baths
1,278 Sq Ft
$429/Sq Ft Est. Value

About This Home

This home is located at 1223 N Elmwood Ave, Oak Park, IL 60302 and is currently estimated at $548,737, approximately $429 per square foot. 1223 N Elmwood Ave is a home located in Cook County with nearby schools including William Hatch Elementary School, Gwendolyn Brooks Middle School, and Oak Park and River Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Bovell Flemming and Bovell Heather L
Bought by
Bovell Family Trust and Bovell
Current Estimated Value
$533,969

Purchase Details

Closed on
Jul 31, 2006
Sold by
Schumann Paul F and Schumann Mary F
Bought by
Bovell Flemming and Bovell Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 9, 2003
Sold by
Srajer George and Srajer Donna
Bought by
Schumann Paul F and Schumann Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
3.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 7, 1997
Sold by
Watembach Thomas W and Kordik Ellen R
Bought by
Srajer George and Srajer Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Bovell Family Trust -- None Listed On Document
Bovell Flemming $535,000 Multiple
Schumann Paul F $420,000 Prairie Title
Srajer George $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bovell Heather L $319,000
Previous Owner Bovell Flemming $398,790
Previous Owner Bovell Flemming $417,000
Previous Owner Schuman Paul F $340,000
Previous Owner Schumann Paul F $20,000
Previous Owner Schumann Paul F $322,700
Previous Owner Srajer George $183,000
Previous Owner Srajer George $180,000
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 $11,421 $41,000 $9,577 $31,423
2023 $8,781 $41,000 $9,577 $31,423
2022 $8,781 $29,025 $8,321 $20,704
2021 $9,615 $29,025 $8,321 $20,704
2020 $10,383 $31,546 $8,321 $23,225
2019 $9,546 $28,312 $7,536 $20,776
2018 $9,735 $29,454 $7,536 $21,918
2017 $9,537 $29,454 $7,536 $21,918
2016 $11,181 $29,961 $6,280 $23,681
2015 $9,981 $29,961 $6,280 $23,681
2014 $9,301 $29,961 $6,280 $23,681
2013 $10,726 $35,587 $6,280 $29,307
Source: Public Records

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