NOT LISTED FOR SALE

1501 Park Ave River Forest, IL 60305

Estimated Value: $1,358,000 - $1,538,000

5 Beds
6 Baths
4,486 Sq Ft
$323/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $1,100,000 $245 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,587/month

190 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • Corner Lot
  • Willard Elementary School Rated A
  • Recreation Room
  • 4-minute walk to Constitution Park

About This Home

As of May 2015

Strikingly Elegant 3-Story 5 BR/5.1 BA French Normandy. Tastefully & Thoughtfully Renovated-Many Energy Efficient Comforts. Everything You Always Wanted! Traditionally Classic Living & Dining Rooms-Large Updated Eat-In Kitchen Effortlessly Connects to Inviting Family Room. 3 En-Suites, Office, & Fab LL Rec Room w/ Full Bath. Adaptable Floor Plan Accomodates Many Lifestyles-Nanny, In-Law. Much More-See Feature Sheet!!

Last Agent to Sell the Property

Sarah O'Shea Munoz

Berkshire Hathaway HomeServices Chicago License #475125503 Listed on: 08/04/2014

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Kurt Fiedler

Compass License #475137356

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,231

Year Built

  • 1941

Lot Details

  • Dog Run
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot

Parking

  • Attached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Slate Roof
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Home Office
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Brick Porch or Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,231

Year Built

1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Type Detached: 3 Stories
  • Estimated Year Built: 1941
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, Heated Floors, In-Law Arrangement
  • Number Of Rooms: 11
  • Living Room: Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Equipment: TV-Cable, Security System, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Air Cleaner
  • Fireplace Details: Wood Burning, Gas Logs
  • Attic: Finished, Interior Stair
  • Fireplace Location: Family Room, Living Room, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 24X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, Office, Recreation Room
  • Master Bedroom: Dimensions: 15X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X14, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 21X8, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 21X18, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 15X14, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 4486
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Stone
  • Roof Type: Slate
  • Exterior Property Features: Patio, Dog Run, Brick Paver Patio
  • Acreage: 0.3075

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Parking Details: Off Street, Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Radiant, 2+ Sep Heating Systems, Zoned

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: 75 X 180
  • Lot Description: Corner, Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 15011040080000

Tax Info

  • Taxes: 24905.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2017
Sold by
Blaber David and Blaber Pilar
Bought by
Shumpert Odis W and Shumpert Tanya C
Current Estimated Value
$1,450,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$109,965
Interest Rate
3.85%
Mortgage Type
Unknown
Estimated Equity
$1,336,411

Purchase Details

Listed on
Aug 4, 2014
Closed on
May 15, 2015
Sold by
Brandt Gene S and Holland Elizabeth A
Bought by
Blaber David and Blaber Pilar
Seller's Agent
Sarah O'Shea Munoz
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Kurt Fiedler
Compass
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$825,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2012
Sold by
Brandt Gene S
Bought by
Brandt Gene S and Holland Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$838,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Brandt Gene S and Holland Elizabeth A
Bought by
Brandt Gene S

Purchase Details

Closed on
May 21, 2001
Sold by
Mehta Manoj K and Mehta Avani V
Bought by
Brandt Gene S and Holland Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.37%

Purchase Details

Closed on
Oct 22, 1999
Sold by
Rodriguez Dr Alberto E and Rodriguez Olga
Bought by
Mehta Manoj K and Mehta Avani V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7.37%
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
Shumpert Odis W $880,000 Prairie Title
Blaber David $1,100,000 Chicago Title Insurance Co
Brandt Gene S -- Cti
Brandt Gene S -- None Available
Brandt Gene S $975,000 Prairie Title
Mehta Manoj K $760,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shumpert Odis W $130,000
Previous Owner Blaber David $825,000
Previous Owner Brandt Gene S $838,000
Previous Owner Brandt Gene S $972,000
Previous Owner Brandt Gene S $980,000
Previous Owner Brandt Gene S $780,000
Previous Owner Mehta Manoj K $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $1,100,000 -12.0% $245 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
08/04/2014 08/04/14 For Sale $1,250,000 -- $279 / 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 $20,231 $109,000 $20,426 $88,574
2023 $24,399 $109,000 $20,426 $88,574
2022 $24,399 $82,398 $17,747 $64,651
2021 $23,553 $82,398 $17,747 $64,651
2020 $23,153 $82,398 $17,747 $64,651
2019 $30,287 $100,991 $16,072 $84,919
2018 $28,670 $100,991 $16,072 $84,919
2017 $29,768 $105,031 $16,072 $88,959
2016 $25,616 $82,126 $13,394 $68,732
2015 $25,125 $82,126 $13,394 $68,732
2014 $23,030 $82,126 $13,394 $68,732
2013 $24,906 $90,899 $13,394 $77,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08691614

Midwest Real Estate Data (MRED)

APN: 15-01-104-008-0000