NOT LISTED FOR SALE

1507 Elgin Ave Forest Park, IL 60130

Estimated Value: $279,000 - $307,000

3 Beds
2 Baths
756 Sq Ft
$380/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $238,000 $315 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,996/month

5 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • 3-minute walk to Reiger Park

About This Home

As of January 2021

Beautiful and cozy renovated three bedroom, two bath raised ranch in turn key+++ condition! SO many updates!! Fresh paint, new hardwoods and carpet throughout, fence 2016, roof and siding 2017, sidewalks, garage door 2018. Multiple new windows and completely renovated walk out basement with one bedroom, full bath and family room/office. Amazing back yard includes a new deck and two car garage plus parking pad off alley. Convenient Quiet Block in Forest Park close to Shopping, Parks, Expressways and Public Transit. Do yourself a favor and don't delay!

Last Agent to Sell the Property

Stephanie Mead

Pink Robin Realty License #471021044 Listed on: 11/18/2020

Last Buyer's Agent

Monica Dalton

Compass License #475136127

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,612

Year Built | Renovated

  • 1924 | 2020

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Parking Available
  • Alley Access
  • Garage Door Opener
  • Off Alley Parking
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Formal Dining Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom
  • Storm Screens

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,612

Year Built | Renovated

1924 | 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 756
  • Style Of House: Bungalow
  • Type Detached: 1 Story
  • Estimated Year Built: 1924
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 756
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Separate Dining Room
  • Number Of Rooms: 7
  • Living Room: Dimensions: 19X10, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Gas Oven
  • Attic: Interior Stair, Unfinished
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X10, On Level: Lower
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Storage, Deck
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Storage, Dimensions: 10X7, On Level: Lower
  • Bedroom 3: Dimensions: 14X9, On Level: Lower, Flooring: Carpet
  • Additional Room 4 Name: Deck, Dimensions: 10X10, On Level: Main Level
  • Estimated Total Finished Sq Ft: 756
  • Main Level Sq Ft: 756
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X9, On Level: Lower, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Deck, Porch, Storms/Screens
  • Acreage: 0.086

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage, Space/s
  • Parking Details: Off Alley, Alley Access
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 756

Schools

  • School District: 209
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: 30 X 125
  • Parcel Identification Number: 15242150230000

Tax Info

  • Taxes: 5255.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 14, 2021
Sold by
Richard Eric and Richard Amy
Bought by
Johnson Karen
Seller's Agent
Stephanie Mead
Pink Robin Realty
Buyer's Agent
Monica Dalton
Compass
List Price
$244,999
Sold Price
$238,000
Premium/Discount to List
-$6,999
-2.86%
Current Estimated Value
$287,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,080
Avg. Annual Appreciation
4.03%
Original Mortgage
$214,200
Outstanding Balance
$191,708
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$95,372

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 10, 2016
Sold by
Scwartz Gretchen and Defazio Veronica
Bought by
Richard Eric and Richard Amy
Seller's Agent
Bruce Barnes
Coldwell Banker Realty
Buyer's Agent
Julie Schultz
Baird & Warner
List Price
$184,900
Sold Price
$174,000
Premium/Discount to List
-$10,900
-5.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$144,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2001
Sold by
Storino Jack
Bought by
Schwartz Veronica and Schwartz Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,450
Interest Rate
7.07%

Purchase Details

Closed on
Jan 8, 2001
Sold by
Emc Mtg Corp
Bought by
Storino Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
9%

Purchase Details

Closed on
Sep 19, 2000
Sold by
Lloyd Diana L
Bought by
Emc Mtg Corp
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
Johnson Karen $238,000 Chicago Title
Richard Eric $174,000 None Available
Schwartz Veronica $151,000 --
Storino Jack $100,000 Stewart Title
Emc Mtg Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Karen $214,200
Previous Owner Richard Eric $144,000
Previous Owner Schwartz Veronica $143,450
Previous Owner Storino Jack $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Sold $238,000 -2.9% $315 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $244,999 +40.8% $324 / Sq Ft
06/10/2016 06/10/16 Sold $174,000 -5.9% $205 / Sq Ft View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $184,900 -- $218 / 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 $5,612 $22,001 $2,813 $19,188
2023 $5,820 $22,001 $2,813 $19,188
2022 $5,820 $19,658 $2,156 $17,502
2021 $5,559 $19,658 $2,156 $17,502
2020 $5,492 $19,658 $2,156 $17,502
2019 $5,256 $18,356 $1,968 $16,388
2018 $5,145 $18,356 $1,968 $16,388
2017 $5,053 $18,356 $1,968 $16,388
2016 $5,494 $15,332 $1,781 $13,551
2015 $5,408 $15,332 $1,781 $13,551
2014 $5,306 $15,332 $1,781 $13,551
2013 $5,515 $17,052 $1,781 $15,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10937578

Midwest Real Estate Data (MRED)

APN: 15-24-215-023-0000