NOT LISTED FOR SALE

1507 N Taft Ave Berkeley, IL 60163

Estimated Value: $256,000 - $294,000

2 Beds
1 Bath
858 Sq Ft
$325/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $250,000 $291 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,969/month

2 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Wood Flooring
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

DO NOT PASS THIS UP! Charming brick ranch, well maintained, move-in ready, in desirable Berkeley. Two bedrooms, one bath, bright living room with newly refinished hardwood floors, eat-in kitchen with new quartz countertops and white cabinets. Interior freshly painted throughout. Abundant closets for storage plus full basement with the possibility of finishing as an added living space. New front door and all new thermo-pane windows in 2023. 2020-2022 updates include top of the line HVAC system, water heater, perimeter fence, gutters, and front and back storm doors. 2016-2021 tuckpointing and cement work done. 2013 new roof installed. Two car garage. Half mile walk to Metra Train Station which is ideal for commuters and close to highway, shopping, restaurants, library, and post office.

Last Agent to Sell the Property

Mary White

Compass License #471006789 Listed on: 03/10/2023

Compass

Last Buyer's Agent

Megan Gineris Reid

Baird & Warner License #475101899

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,011

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 50 x 160

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 858 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Sunnyside Elementary School
  • Macarthur Middle School
  • Proviso West High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,011

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 858
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 858
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 240000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sunnyside Elementary School
  • High School: Proviso West High School
  • Middle/Junior School: Macarthur Middle School
  • Middle/Junior School District: 87

Lot Info

  • Lot Dimensions: 50 X 160
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5011.11
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 11, 2023
Sold by
Lachapelle Janet
Bought by
Letto Joshua R
Seller's Agent
Mary White
Compass
Buyer's Agent
Megan Gineris Reid
Baird & Warner
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%
Views
56
Current Estimated Value
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,000
Avg. Annual Appreciation
3.69%
Original Mortgage
$220,000
Outstanding Balance
$214,430
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$58,688

Purchase Details

Closed on
Dec 23, 1998
Sold by
Ware Donald D
Bought by
Lachapelle Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,250
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 1993
Sold by
Cisneros Henry G
Bought by
Ware Donald D and Ware Marisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,378
Interest Rate
7.25%
Mortgage Type
FHA
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
Letto Joshua R $250,000 First American Title
Lachapelle Janet $117,000 --
Ware Donald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Letto Joshua R $220,000
Closed Letto Joshua R $220,000
Previous Owner Lachapelle Janet $84,656
Previous Owner Lachapelle Janet A $10,000
Previous Owner Lachapelle Janet $98,500
Previous Owner Lachapelle Janet $102,250
Previous Owner Ware Donald D $83,378
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $250,000 +4.2% $291 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $240,000 -- $280 / 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 $5,940 $22,000 $4,400 $17,600
2023 $4,956 $22,000 $4,400 $17,600
2022 $4,956 $17,437 $3,000 $14,437
2021 $5,011 $17,437 $3,000 $14,437
2020 $4,895 $17,437 $3,000 $14,437
2019 $4,194 $13,325 $2,800 $10,525
2018 $4,109 $13,325 $2,800 $10,525
2017 $3,952 $13,325 $2,800 $10,525
2016 $3,603 $11,398 $2,600 $8,798
2015 $3,542 $11,398 $2,600 $8,798
2014 $3,499 $11,398 $2,600 $8,798
2013 $3,923 $13,345 $2,600 $10,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11734650

Midwest Real Estate Data (MRED)

APN: 15-07-214-062-0000