NOT LISTED FOR SALE

1225 Fair Oaks Ave Oak Park, IL 60302

Estimated Value: $917,000 - $1,010,000

4 Beds
3 Baths
2,778 Sq Ft
$344/Sq Ft Est. Value

Last Sold July 15, 2013

Last sale price $517,000 $186 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,876/month

91 Days on Market

Highlights

  • Formal Dining Room
  • William Hatch Elementary School Rated A-
  • Central Air

About This Home

As of July 2013

Dynamic flow in this Brick Georgian in pristine condition. Upgrades:newer maple & granite kit, new furnace in 2009, Perma Seal & sump in '06. Newer addition w/non load bearing walls. Set up as a 2BR/full bth/sitting rm (w/separate entrance) for nanny or in-law suit. Fin basement adds lots of space. Cul-du-sac st. Walk-in cedar closet Successful tax appeal. $5000 buyer incentive for closed offer before May 30, 2013.

Last Agent to Sell the Property

Marcee Gavula

Baird & Warner License #475134396 Listed on: 02/25/2013

Last Buyer's Agent

Jack Silver

Berkshire Hathaway HomeServices Chicago License #471007240

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $21,739

Year Built

  • 1940

Lot Details

  • 7,797

Parking

  • 2

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Separate Shower
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • William Hatch Elementary School
  • Oak Park & River Forest High Sch

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$21,739

Year Built

1940

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 10
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan, Sump Pump
  • Fireplaces: 1
  • Basement: Full
  • Basement: Partially Finished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 15X14
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 18X12
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 13X13
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 15X10
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Separate Shower
  • Living Room Level: Main Level
  • Living Room Size: 22X14
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 22X13
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 14X12
  • Family Room Flooring: Parquet
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 19X9
  • Kitchen Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Slate

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Elementary School: William Hatch Elementary School
  • High School: Oak Park & River Forest High Sch
  • Junior High Dist: 97
  • Junior High: Gwendolyn Brooks Middle School

Lot Info

  • Lot Dimensions: 50X156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2014
Sold by
Vermani Anoop K and Vermani Kavita D
Bought by
Vermani Kavita D and Kavita D Vermani Declaration Of Trust
Current Estimated Value
$929,377

Purchase Details

Listed on
Feb 25, 2013
Closed on
Jun 21, 2013
Sold by
Curtin Timothy P and Curtin Nancy
Bought by
Vermani Anoop K and Vermani Kavita O
Seller's Agent
Marcee Gavula
Baird & Warner
Buyer's Agent
Jack Silver
Berkshire Hathaway HomeServices Chicago
List Price
$555,000
Sold Price
$517,000
Premium/Discount to List
-$38,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$413,600
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 1995
Sold by
Conant Butler C and Conant Margo
Bought by
Martinez Curtin Timothy P and Martinez Curtin Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

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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
Vermani Kavita D -- Cti
Vermani Anoop K $517,000 Baird & Warner Title Service
Martinez Curtin Timothy P $235,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vermani Kavita D $335,000
Closed Vermani Anoop K $413,600
Previous Owner Curtin Timothy P $280,000
Previous Owner Curtin Timothy P $236,000
Previous Owner Curtin Timothy P $216,000
Previous Owner Curtin Timothy P $19,800
Previous Owner Curtin Timothy P $50,000
Previous Owner Curtin Timothy P $205,000
Previous Owner Curtin Timothy P $186,500
Previous Owner Martinez Curtin Timothy P $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2013 07/15/13 Sold $517,000 -4.2% $186 / Sq Ft
05/27/2013 05/27/13 Pending -- -- --
05/13/2013 05/13/13 Price Changed $539,900 -1.8% $194 / Sq Ft
04/24/2013 04/24/13 Price Changed $549,900 -0.9% $198 / Sq Ft
02/25/2013 02/25/13 For Sale $555,000 -- $200 / 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 $21,739 $70,000 $11,895 $58,105
2023 $20,534 $70,000 $11,895 $58,105
2022 $20,534 $56,895 $10,335 $46,560
2021 $20,647 $58,506 $10,335 $48,171
2020 $21,438 $61,828 $10,335 $51,493
2019 $19,840 $55,141 $9,360 $45,781
2018 $19,956 $57,475 $9,360 $48,115
2017 $19,540 $57,475 $9,360 $48,115
2016 $19,836 $51,781 $7,800 $43,981
2015 $17,727 $51,781 $7,800 $43,981
2014 $16,491 $51,781 $7,800 $43,981
2013 $15,244 $49,470 $7,800 $41,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08277840

Midwest Real Estate Data (MRED)

APN: 16-06-204-025-0000