NOT LISTED FOR SALE

1502 Forest Ave River Forest, IL 60305

Estimated Value: $1,194,787 - $1,238,000

4 Beds
2.5 Baths
3,572 Sq Ft
$342/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $880,000 $246 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,417/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • Home Office
  • Willard Elementary School Rated A
  • Recreation Room
  • Breakfast Room

About This Home

As of May 2022

Classic center entrance red brick colonial on private cul de sac street. The first floor features a living room with fireplace, separate dining room, family room addition with fireplace, den with gas fireplace and marble floors. There is an open kitchen with a breakfast room that overlooks the private backyard and in-ground pool, heated/ac cabana w fireplace, built-in grill, and 3 car garage. The second floor includes 4 large bedrooms, 2 full baths, and a gas fireplace in the primary bedroom. There is a full rec room in the basement with an additional fireplace. All in all, seven fireplaces! There is a new roof over the back bedroom and den. This is a great house for entertaining!

Last Agent to Sell the Property

Andrew Gagliardo

Compass License #471001960 Listed on: 02/15/2022

Compass

Last Buyer's Agent

Joseph Lozano

eXp Realty License #475147493

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,975

Year Built

  • Built in 1936

Lot Details

  • 10,123 Sq Ft Lot
  • Lot Dimensions are 53 x 175

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Side Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,572 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • 7 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Schools

  • Willard Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,975

Year Built

Built in 1936

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1936
  • Age: 81-90 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

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 7
  • LivingArea: 3572
  • Room Type: Den, Breakfast Room, Recreation Room, Foyer, Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement,Other,Bedroom,Den/Library
  • Total Sq Ft: 0
  • Bathroom: Full

Exterior Features

  • List Price: 940000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Side Drive
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Type: Eating Area-Breakfast Bar,Island,Breakfast Room,Granite Counters

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.2324
  • Lot Dimensions: 53 X 175
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 23975
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2005
Sold by
Kagan Gary A and Pyrce Janice M
Bought by
Durbin Thomas J and Durbin Svetlana A
Current Estimated Value
$1,221,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$450,532
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$771,165

Purchase Details

Closed on
Jan 30, 1998
Sold by
Kagan Gary A and Pyrce Janice M
Bought by
Kagan Gary A and Pyrce Janice M
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
Durbin Thomas J $1,050,000 Prairie Title
Kagan Gary A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durbin Thomas J $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2022 05/09/22 Sold $880,000 -6.4% $246 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $940,000 -- $263 / 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 $23,269 $85,000 $12,148 $72,852
2023 $26,480 $85,000 $12,148 $72,852
2022 $26,480 $82,000 $10,629 $71,371
2021 $24,465 $82,000 $10,629 $71,371
2020 $23,975 $82,000 $10,629 $71,371
2019 $22,834 $76,984 $9,616 $67,368
2018 $21,615 $76,984 $9,616 $67,368
2017 $24,003 $85,342 $9,616 $75,726
2016 $21,198 $68,393 $8,098 $60,295
2015 $22,377 $73,430 $8,098 $65,332
2014 $24,555 $87,392 $8,098 $79,294
2013 $23,484 $85,860 $8,098 $77,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11324921

Midwest Real Estate Data (MRED)

APN: 15-01-102-035-0000