NOT LISTED FOR SALE

1338 Park Ave River Forest, IL 60305

Estimated Value: $1,053,000 - $1,424,000

5 Beds
5 Baths
3,192 Sq Ft
$398/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $1,100,000 $345 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,680/month

100 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • Outdoor Fireplace
  • Willard Elementary School Rated A
  • Wooded Lot
  • 3-minute walk to Constitution Park

About This Home

As of February 2013

Stunning renovation of architecturally significant home designed by William Purcell in 1927. Open floor plan includes beautiful gourmet kitchen, dining and family room with original art glass windows overlooking tree lined street. Formal living room with fireplace, 5 bedrooms , 3.2 baths and 2nd floor laundry all elegantly appointed. Cozy up to the outdoor wood-burning fireplace and call this place home.

Last Agent to Sell the Property

Julie Downey

Compass License #475141756 Listed on: 08/27/2012

Compass

Last Buyer's Agent

Mario Greco

Compass License #475105845

Compass

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $22,986

Year Built

  • 1926

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot
  • Wooded Lot

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Side Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Kitchen Island
  • Laundry on upper level

Flooring

  • Wood
  • Heated Floors

Partially Finished Basement

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

Outdoor Features

  • Outdoor Fireplace
  • Brick Porch or Patio

Utilities

  • Hot Water Heating System
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$22,986

Year Built

1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Architectural Style: English
  • Type Detached: 2 Stories
  • Special Features: None
  • Year Built: 1926

Interior Features

  • Fireplaces: 2
  • Interior Property Features: Hardwood Floors, Heated Floors, 2nd Floor Laundry
  • Number Of Rooms: 9
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 25X14
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 18X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 16X14
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 15X13
  • Fourth Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 26X19
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ FamRm
  • Dining Room Level: Main Level
  • Dining Room Size: 14X15
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 25X10
  • Family Room Flooring: Hardwood
  • Kitchen Type: Island
  • Kitchen Level: Main Level
  • Kitchen Size: 14X11
  • Kitchen Flooring: Hardwood
  • Laundry Level: 2nd Level
  • Laundry Size: 8X4
  • Laundry Flooring: Hardwood
  • Additional Rooms: 5th Bedroom
  • Additional Room 1 Name: 5th Bdrm
  • Additional Room 1 Level: 2nd Level
  • Additional Room 1 Size: 12X10

Exterior Features

  • Roof: Slate
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Patio, Porch, Brick Paver Patio, Outdoor Fireplace
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Brick, Side Drive

Utilities

  • Cooling: Space Pac
  • Electricity: 200+ Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Schools

  • Elementary School: WILLARD ELEMENTARY SCHOOL
  • Middle School: ROOSEVELT SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: 60 X 189
  • Lot Description: Corner, Fenced Yard, Landscaped Professionally, Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2012
Closed on
Feb 21, 2013
Sold by
Kamco Real Estate Llc
Bought by
Hodge Jeffrey M and Hodge Megan S
Seller's Agent
Julie Downey
Compass
Buyer's Agent
Mario Greco
Compass
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Current Estimated Value
$1,269,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,676
Avg. Annual Appreciation
0.98%
Original Mortgage
$880,000
Outstanding Balance
$627,163
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$615,656

Purchase Details

Closed on
Nov 8, 2011
Sold by
Tremont Capital Corporation
Bought by
Kamco Llc

Purchase Details

Closed on
Mar 30, 2011
Sold by
Brooks Kathleen and Brooks Kathleen R
Bought by
Tremont Capital Corporation

Purchase Details

Closed on
Nov 29, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
River Forest State Bank & Trust Company
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
Hodge Jeffrey M $1,100,000 Prairie Title
Kamco Llc $610,000 First American Title
Tremont Capital Corporation -- None Available
River Forest State Bank & Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodge Jeffrey M $880,000
Previous Owner Chicago Title Land Trust Co $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $1,100,000 -3.9% $345 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
10/02/2012 10/02/12 Price Changed $1,145,000 -4.2% $359 / Sq Ft
08/27/2012 08/27/12 For Sale $1,195,000 -- $374 / 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 $22,986 $87,279 $13,320 $73,959
2023 $24,388 $93,000 $13,320 $79,680
2022 $24,388 $78,942 $11,655 $67,287
2021 $24,418 $81,847 $11,655 $70,192
2020 $25,626 $87,436 $11,655 $75,781
2019 $21,760 $73,523 $10,545 $62,978
2018 $20,598 $73,523 $10,545 $62,978
2017 $23,178 $82,525 $10,545 $71,980
2016 $27,725 $88,680 $8,880 $79,800
2015 $31,442 $102,115 $8,880 $93,235
2014 $28,817 $102,115 $8,880 $93,235
2013 $21,830 $79,997 $8,880 $71,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08146235

Midwest Real Estate Data (MRED)

APN: 15-01-103-050-0000