NOT LISTED FOR SALE

1420 Marengo Ave Forest Park, IL 60130

Estimated Value: $250,000 - $471,000

2 Beds
1 Bath
720 Sq Ft
$444/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $205,000 $285 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,295/month

1 Day on Market

Highlights

  • Enclosed patio or porch
  • 1-Story Property
  • Senior Tax Exemptions
  • Bungalow
  • Forced Air Heating System
  • 4-minute walk to Reiger Park

About This Home

As of July 2021

Great opportunity for first time home buyer.!! Charming three bedroom home in highly desired location in Forest Park. Clean and ready to move in. Oak hardwood floors in living room, bedrooms & kitchen. Eat-in kitchen overlooks enclosed rear porch, patio and garden. New front porch and new roof tear off in 2019. Huge paver patio and outside parking for three vehicles. Ready for your finishing touches.

Last Agent to Sell the Property

Dean Pelafas

Ariston Realty Corporation License #471007537 Listed on: 06/17/2021

Last Buyer's Agent

Mark Santoyo

RE/MAX Loyalty License #475144334

RE/MAX Loyalty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1924

Lot Details

  • 3,123 Sq Ft Lot
  • Lot Dimensions are 30 x 125

Home Design

  • Bungalow

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Outdoor Features

  • Enclosed patio or porch

Schools

  • Betsy Ross Elementary School
  • Forest Park Middle School
  • Proviso East High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,022

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1924
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 720
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 239000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ (Window/Wall Unit)
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Betsy Ross Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School
  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.0717
  • Lot Dimensions: 30 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 2022.24
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 13, 2021
Sold by
Furman Carole and Lantz Lester J
Bought by
Cibrook Ltd
Seller's Agent
Dean Pelafas
Ariston Realty Corporation
Buyer's Agent
Mark Santoyo
RE/MAX Loyalty
List Price
$239,000
Sold Price
$205,000
Premium/Discount to List
-$34,000
-14.23%
Current Estimated Value
$319,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,324
Avg. Annual Appreciation
9.93%
Original Mortgage
$339,250
Outstanding Balance
$311,559
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$13,271

Purchase Details

Closed on
May 31, 2016
Sold by
Furman Carole and Lindgren Margaret C
Bought by
Furman Carole and Lantz Lester J
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
Cibrook Ltd $205,000 Stewart Title
Furman Carole -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cibrook Ltd $339,250
Previous Owner Furman Carole $87,500
Previous Owner Furman Carole $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $205,000 -14.2% $285 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $239,000 -- $332 / 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 $6,307 $21,000 $2,344 $18,656
2023 $6,906 $21,000 $2,344 $18,656
2022 $6,906 $19,270 $1,797 $17,473
2021 $1,888 $19,268 $1,796 $17,472
2020 $1,714 $19,268 $1,796 $17,472
2019 $2,011 $16,731 $1,640 $15,091
2018 $1,973 $16,731 $1,640 $15,091
2017 $1,896 $16,731 $1,640 $15,091
2016 $2,896 $13,919 $1,484 $12,435
2015 $2,995 $13,919 $1,484 $12,435
2014 $2,877 $13,919 $1,484 $12,435
2013 $2,752 $17,155 $1,484 $15,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11126412

Midwest Real Estate Data (MRED)

APN: 15-24-211-010-0000