NOT LISTED FOR SALE

1421 Forest Ave River Forest, IL 60305

Estimated Value: $1,259,844 - $1,325,000

4 Beds
4.5 Baths
3,450 Sq Ft
$371/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $1,080,000 $313 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,099/month

104 Days on Market

Highlights

  • 1 Fireplace
  • Bonus Room
  • 2 Car Attached Garage
  • Willard Elementary School Rated A
  • Formal Dining Room
  • Living Room

About This Home

As of September 2022

This stunning custom designed home has all the space toy need Gourmet Kitchen opens to a vaulted Family room with wood burning fireplace overlooks beautifully designed back yard.=, with a slate patio. First floor bedroom and full bath makes an excellent guest bedroom. first floor library for your home office needs. This is a must see house to appreciate all the space and glory.

Last Agent to Sell the Property

Pat Cesario

Compass License #475126439 Listed on: 04/22/2022

Compass

Last Buyer's Agent

Eric Andersen

Andersen Realty Group License #471020612

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,844

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 65 x 185

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,450 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room Downstairs
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Play Room
  • Storage Room
  • Laundry Room

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Finished Basement

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

Schools

  • Oak Park & River Forest High Sch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,844

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Cooktop, Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 3450
  • Room Type: Bonus Room, Nursery, Storage, Family Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 1149000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • 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

  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School District: 90

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 65 X 185
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 25844
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2011
Sold by
Nikolov Michael P and Nikolov Magdalina B
Bought by
Nikolov Michael P and Nikolov Magdalina B
Current Estimated Value
$1,277,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 13, 2009
Sold by
Nikolov Mihail P and Argirova Magdalina B
Bought by
Nikolov Mihail P and Nikolov Magdalina B

Purchase Details

Closed on
Apr 27, 1998
Sold by
Arkin Andrew J
Bought by
Magdalina Nikolov Mihail P and Magdalina Argirova

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.18%
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
Nikolov Michael P -- First American Title
Nikolov Mihail P -- Ctic
Magdalina Nikolov Mihail P $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nikolov Michael P $436,000
Closed Nikolov Magdalina B $437,000
Closed Nikolov Magdalina B $453,000
Closed Nikolov Mihail P $600,000
Closed Nikolov Michael P $620,000
Closed Nikolov Mihail P $612,000
Closed Nikolov Mihail P $265,000
Closed Nikolov Mihail P $50,000
Closed Magdalina Nikolov Mihail P $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $1,080,000 -6.0% $313 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $1,149,000 -4.2% $333 / Sq Ft
05/24/2022 05/24/22 Price Changed $1,199,000 -2.1% $348 / Sq Ft
04/22/2022 04/22/22 For Sale $1,225,000 -- $355 / 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 $25,647 $97,000 $14,430 $82,570
2023 $25,538 $97,000 $14,430 $82,570
2022 $25,538 $82,503 $12,626 $69,877
2021 $24,622 $82,503 $12,626 $69,877
2020 $25,843 $88,150 $12,626 $75,524
2019 $23,356 $78,665 $11,423 $67,242
2018 $23,477 $83,319 $11,423 $71,896
2017 $23,410 $83,319 $11,423 $71,896
2016 $22,437 $72,243 $9,620 $62,623
2015 $22,856 $74,946 $9,620 $65,326
2014 $22,358 $79,802 $9,620 $70,182
2013 $16,455 $60,950 $9,620 $51,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11382920

Midwest Real Estate Data (MRED)

APN: 15-01-103-063-0000