NOT LISTED FOR SALE

1503 Monroe Ave River Forest, IL 60305

Estimated Value: $1,009,000 - $1,230,084

4 Beds
4.5 Baths
3,279 Sq Ft
$330/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $830,000 $253 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,771/month

7 Days on Market

Highlights

  • French Provincial Architecture
  • Recreation Room
  • Wood Flooring
  • Willard Elementary School Rated A
  • Vaulted Ceiling
  • Home Office

About This Home

As of December 2023

Live in your own personal French Provincial castle with everlasting limestone walls (freshly tuck-pointed and resurfaced 2021) and a totally renovated expansive interior (completed 2021)! The regal tall columns at the entrance invite you inside to the recently refinished dark hardwood floors and neutral grey walls with new white trim throughout. 4 beds, 4.5 baths and an office with three on-suite bathrooms give you plenty of space to spread out and allows everyone their own space. The kitchen with High-End Bosch appliances, quartz counters and backsplash, large waterfall island with concealed microwave flows nicely toward the family room with great light and vaulted ceilings or into the formal dining room. Just a couple of steps down from the family room, and you can choose a wine from your humidity controlled wine cellar. Step away from the action into the living room with wood burning fireplace and access to the office (West Wing). This home has separate wings and is perfect for working from home with the second master suite (East Wing) on one side and an office (West Wing) with an on-suite on the other and cool Velux skylights in both wings. The main second level has three bedrooms and two full baths, including a master suite that boasts an excessively large walk in closet and impressive master bath with double sinks and a double shower with seats, rainfall shower heads, and custom height handheld detachable sprays. Beautiful tile work in baths with Danze and Gerber plumbing fixtures and Toto toilets. Solid core shaker style doors and functional pocket doors. Three zoned heating and cooling systems for great efficiency. All new lighting. New roof (2020) with 6 inch oversized gutters and downspouts. Mostly new double hung vinyl, thermopane, Low-E windows. Great River Forest location close to schools, park and dining! Pictures are from 2021, when the renovation was completed.

Last Agent to Sell the Property

Luca Lollino

RE/MAX Properties Northwest License #475158069 Listed on: 09/05/2023

RE/MAX Properties Northwest

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,126

Year Built

  • Built in 1941 | Remodeled in 2021

Lot Details

  • 9,400 Sq Ft Lot
  • Lot Dimensions are 50x188
  • Fenced Yard
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

  • French Provincial Architecture
  • Asphalt Roof

Interior Spaces

  • 3,279 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Shower Body Spray
  • Separate Shower

Outdoor Features

  • Brick Porch or Patio

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,126

Year Built

Built in 1941 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: French Provincial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1941
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
  • Basement: Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 3279
  • Room Type: Office, Recreation Room, Foyer, Walk In Closet, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair,Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Storms/Screens
  • List Price: 860000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stone,Limestone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 4
  • Number of Cars: 6
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights
  • 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

  • Additional Parcels Description: 15012020270000
  • Additional Parcels: Yes
  • Lot Size Acres: 0.2158
  • Lot Dimensions: 50X188
  • 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: 19125.55
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 28, 2023
Sold by
Jd Nesting Llc
Bought by
Valente Michael and Valente Amanda
Seller's Agent
Luca Lollino
RE/MAX Properties Northwest
Buyer's Agent
Non Member
NON MEMBER
List Price
$860,000
Sold Price
$830,000
Premium/Discount to List
-$30,000
-3.49%
Views
88
Current Estimated Value
$1,080,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,521
Avg. Annual Appreciation
14.98%
Original Mortgage
$581,000
Outstanding Balance
$571,880
Interest Rate
7.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$508,641

Purchase Details

Listed on
Oct 22, 2018
Closed on
May 29, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
Jd Nesting Llc
Seller's Agent
Luis O. Rojas
Turn Key Realty Solutions
Buyer's Agent
Luca Lollino
RE/MAX Properties Northwest
List Price
$529,900
Sold Price
$420,000
Premium/Discount to List
-$109,900
-20.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%
Original Mortgage
$534,950
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2017
Sold by
Cunningham Lephate
Bought by
Deutsche Bank National Trust Co and Provident Funding Mortgage Loan Trust

Purchase Details

Closed on
Jan 20, 2005
Sold by
Obx Trading Llc
Bought by
Cunningham Lephate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 2003
Sold by
Irving Robert Patrick
Bought by
Obx Trading Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Valente Michael $830,000 Saturn Title
Jd Nesting Llc $420,000 None Available
Deutsche Bank National Trust Co -- Attorney
Cunningham Lephate $825,000 Atgf Inc
Obx Trading Llc $480,000 Atgf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valente Michael $581,000
Previous Owner Jd Nesting Llc $534,950
Previous Owner Cunningham Lephate $650,000
Previous Owner Obx Trading Llc $380,000
Closed Cunningham Lephate $92,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2023 12/04/23 Sold $830,000 -3.5% $253 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $860,000 +3.6% $262 / Sq Ft
09/05/2023 09/05/23 Off Market $830,000 -- --
09/05/2023 09/05/23 For Sale $860,000 +104.8% $262 / Sq Ft
06/03/2019 06/03/19 Sold $420,000 -16.0% $128 / Sq Ft View Prior Sale
04/18/2019 04/18/19 Pending -- -- --
12/04/2018 12/04/18 Price Changed $499,900 -5.7% $152 / Sq Ft
10/22/2018 10/22/18 For Sale $529,900 -- $162 / 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 $24,707 $85,719 $14,335 $71,384
2023 $19,654 $94,000 $14,335 $79,665
2022 $19,654 $60,863 $12,455 $48,408
2021 $19,057 $61,279 $12,455 $48,824
2020 $18,312 $60,263 $12,455 $47,808
2019 $17,961 $61,285 $11,280 $50,005
2018 $20,143 $71,977 $11,280 $60,697
2017 $20,089 $71,977 $11,280 $60,697
2016 $20,533 $66,326 $9,400 $56,926
2015 $20,132 $66,326 $9,400 $56,926
2014 $18,457 $66,326 $9,400 $56,926
2013 $17,500 $64,651 $9,400 $55,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11856684

Midwest Real Estate Data (MRED)

APN: 15-01-202-014-0000