NOT LISTED FOR SALE

1500 Monroe Ave River Forest, IL 60305

Estimated Value: $890,000 - $987,685

4 Beds
4 Baths
3,100 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $505,000 $163 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,400/month

89 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Attached Garage
  • Willard Elementary School Rated A
  • Steam Shower
  • Bidet

About This Home

As of May 2016

Lots of living space in this mid-century ranch in north River Forest. Sun filled corner lot with formal living room,gas fp, hw floors and beautiful views. Dining room, kitchen and den/4th bed all open to private patio. Spacious master with walk-in closet, built-ins and master bath. Large family room and two more bedrooms with Jack and Jill bath. Walking distance to new grocery store opening in the spring.

Last Agent to Sell the Property

Julie Downey

Compass License #475141756 Listed on: 01/15/2016

Compass

Last Buyer's Agent

Allison McCarthy

@properties Christie's International Real Estate License #475141646

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,887

Year Built

  • 1963

Lot Details

  • 9,148

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Wet Bar
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bidet
  • Dual Sinks
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,887

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 4
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1963
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 23X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Steam Shower, Double Sink, Bidet
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X16, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 4: Dimensions: 10X16, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 3100
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X11, On Level: Main Level, Flooring: Vinyl

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.2158

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 200
  • 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: 50 X 188
  • Parcel Identification Number: 15012010240000

Tax Info

  • Taxes: 15709.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
May 19, 2016
Sold by
Faherty Clare
Bought by
Oyama Hideki and Oyama Dawn M
Seller's Agent
Julie Downey
Compass
Buyer's Agent
Allison McCarthy
@properties Christie's International Real Estate
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%
Current Estimated Value
$944,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,421
Avg. Annual Appreciation
6.87%
Original Mortgage
$429,250
Outstanding Balance
$344,031
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$600,390

Purchase Details

Closed on
Oct 16, 2007
Sold by
Faherty Paul D and Faherty Clare E
Bought by
Faherty Clare and Clare Faherty Revocable Trust
Source: Public Records

Range of Values:

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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
Oyama Hideki $505,000 Prairie Title
Faherty Clare -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oyama Hideki $429,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2016 05/24/16 Sold $505,000 -4.5% $163 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/07/2016 04/07/16 Price Changed $529,000 -3.6% $171 / Sq Ft
04/04/2016 04/04/16 For Sale $549,000 0.0% $177 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
03/04/2016 03/04/16 Price Changed $549,000 -5.2% $177 / Sq Ft
01/15/2016 01/15/16 For Sale $579,000 -- $187 / 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 $16,887 $65,000 $14,335 $50,665
2023 $17,302 $75,000 $14,335 $60,665
2022 $17,302 $57,000 $12,455 $44,545
2021 $16,691 $57,000 $12,455 $44,545
2020 $17,479 $60,623 $12,455 $48,168
2019 $14,612 $50,500 $11,280 $39,220
2018 $13,832 $50,500 $11,280 $39,220
2017 $13,800 $50,500 $11,280 $39,220
2016 $18,581 $57,760 $9,400 $48,360
2015 $16,833 $57,760 $9,400 $48,360
2014 $15,710 $58,672 $9,400 $49,272
2013 $16,267 $62,160 $9,400 $52,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09117123

Midwest Real Estate Data (MRED)

APN: 15-01-201-024-0000