NOT LISTED FOR SALE

1503 Marengo Ave Forest Park, IL 60130

Estimated Value: $239,000 - $346,000

3 Beds
1 Bath
1,035 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $240,000 $232 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,236/month

11 Days on Market

Highlights

  • Raised Ranch Architecture
  • Main Floor Bedroom
  • Patio
  • Wood Flooring
  • 2 Car Detached Garage
  • 3-minute walk to Reiger Park

About This Home

As of September 2022

Welcome to this well maintained home in Forest Park. Do not miss out on this nice 3 bedroom 1 bath home with a full unfinished basement. Hardwood throughout the main level. Corner kitchen with table seating and extra light with view of front yard. Very spacious hallway closet. Brand new sewer line & basement waterproofed. Bring your ideas to the unfinished, wide open basement. Well maintained backyard. Walk to the blue line and easy access to I-290.

Last Agent to Sell the Property

Steve Jasinski

Baird & Warner License #475151442 Listed on: 08/11/2022

Baird & Warner

Co-Listed By

Michael Walus

Berkshire Hathaway HomeServices Chicago License #475197383

Last Buyer's Agent

Viola Mims

Vintage REALTORS & Associates License #471008361

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,109

Year Built

  • Built in 1962

Lot Details

  • 3,781 Sq Ft Lot
  • Lot Dimensions are 30 x125.77
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,035 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,109

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1035
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1035
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 3105
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0868
  • Lot Dimensions: 30 X125.77
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5109.26
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Sep 10, 2018
Sold by
Sullivan Robert and Sullivan Barbara
Bought by
Cunningham Timothy B
Seller's Agent
Al Rossell
Jack Carpenter Orgn.
Buyer's Agent
Danielle Bayze
Crosstown Realtors, Inc.
List Price
$220,000
Sold Price
$195,000
Premium/Discount to List
-$25,000
-11.36%
Current Estimated Value
$303,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,157
Avg. Annual Appreciation
6.20%
Original Mortgage
$156,000
Outstanding Balance
$134,914
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$168,243

Purchase Details

Closed on
Aug 3, 2001
Sold by
Sullivan Robert and Sullivan Barbara
Bought by
Sullivan Robert and Sullivan Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cunningham Timothy B $195,000 Greater Illinois Title
Sullivan Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Timothy B $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2022 09/29/22 Sold $240,000 0.0% $232 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $240,000 +23.1% $232 / Sq Ft
09/14/2018 09/14/18 Sold $195,000 -3.0% $188 / Sq Ft View Prior Sale
07/21/2018 07/21/18 Pending -- -- --
07/09/2018 07/09/18 Price Changed $201,000 -8.6% $194 / Sq Ft
06/05/2018 06/05/18 For Sale $220,000 -- $213 / 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
2025 $7,809 $26,000 $2,835 $23,165
2024 $7,809 $26,000 $2,835 $23,165
2023 $5,406 $26,000 $2,835 $23,165
2022 $5,406 $18,505 $2,174 $16,331
2021 $5,165 $18,503 $2,173 $16,330
2020 $5,109 $18,503 $2,173 $16,330
2019 $4,776 $16,992 $1,984 $15,008
2018 $5,860 $16,992 $1,984 $15,008
2017 $1,227 $16,992 $1,984 $15,008
2016 $2,145 $16,079 $1,795 $14,284
2015 $2,218 $16,079 $1,795 $14,284
2014 $2,131 $16,079 $1,795 $14,284
2013 $2,039 $20,611 $1,795 $18,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11489442

Midwest Real Estate Data (MRED)

APN: 15-24-214-019-0000