NOT LISTED FOR SALE

1508 Oak Park Ave Berwyn, IL 60402

Estimated Value: $391,000 - $487,000

4 Beds
3 Baths
1,587 Sq Ft
$273/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $415,000 $261 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,211/month

24 Days on Market

About This Home

As of February 2022

Sophisticated, Contemporary, Chic Modern Brick Bungalow. Beautifully Rehabbed from Top to Bottom. 2-Story Brick Bungalow, 4 Bedrooms and 3 Full Bathrooms is Ready to Move In. Walk To Schools, Park and Shopping. It's Minutes from Expressway (I290) and Oak Park! Home Features Hardwood Floors, Lofted 9 Foot Ceiling with Crown Molding, Updated Kitchen with White-Shaker Style Cabinets with Modern Hardwares,Quartz Countertops, Subway Tiles and Eat-In Breakfast Area and All New Stainless Steel Appliances. All 3 Bathrooms are Generously Sized. Finished [WalkOut} Basement Features Large Family Room Ideal for Movie Nights or Game Nights, Plus a Full Bathroom and Oversized 4th Bedroom.[Ideal For In-Laws or Guests] Home Features New Fenced In Yard with a Large Deck, Ideal for Entertaining. Bonus!!! New Roof, New Plumbing, New Electric, New HVAC, and New Windows. Make Your Appointment Today To See This Beautiful Home in Person!!!

Last Agent to Sell the Property

Jenny Park

Baird & Warner License #475165015 Listed on: 12/16/2021

Baird & Warner

Last Buyer's Agent

Meredith Edwards

Compass License #475174280

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,005

Year Built | Renovated

  • 1921 | 2020

Lot Details

  • 4,748

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,587 Sq Ft Home
  • 2-Story Property
  • Blinds

Finished Basement

  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage
  • Basement Window Egress

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,005

Year Built | Renovated

1921 | 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Architectural Style: Bungalow
  • Directions: Roosevelt Rd. to Oak Park Ave(South) Corner of 15th Street.
  • Lot Size: 4760
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1921
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Oven
  • Has Basement: Full, Walkout
  • Estimated Total Finished Sq Ft: 1587
  • Assessed Sq Ft: 1782
  • Basement Description: Finished,Egress Window,Rec/Family Area,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate,Combined w/ LivRm
  • Total Sq Ft: 1587
  • Basement Sq Ft: 971
  • Total Sq Ft: 2558
  • Upper Level Sq Ft: 610
  • Main Level Sq Ft: 977
  • Window Features: Blinds,Window Treatments
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, In-Law Arrangement, Ceiling - 9 Foot, Drapes/Blinds
  • Dining Room Type: Eating Area, Office, Sitting Room, Foyer, Storage, Walk In Closet

Exterior Features

  • Roof: Asphalt, Asphalt
  • Exterior Features: Deck, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Fenced Yard, Sidewalks, Streetlights, Wood Fence
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Driveway: Off Alley,Side Drive
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Prairie Oak School
  • High School: J Sterling Morton West High Scho
  • Junior High Dist: 201
  • Middle Or Junior School: Lincoln Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 7016.99
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Mar 14, 2022
Sold by
Abioye Kehinde A and Abioye Alisha
Bought by
Zolo Chloe E and Rohr Nicholas
Seller's Agent
Jenny Park
Baird & Warner
Buyer's Agent
Meredith Edwards
Compass
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$432,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,736
Avg. Annual Appreciation
1.16%
Original Mortgage
$402,550
Outstanding Balance
$374,158
Interest Rate
3.63%
Estimated Equity
$58,578

Purchase Details

Listed on
Dec 16, 2021
Closed on
Feb 7, 2022
Sold by
Abioye Kehinde A and Abioye Alisha
Bought by
Zolo Chloe E and Rohr Nicholas
Seller's Agent
Jenny Park
Baird & Warner
Buyer's Agent
Meredith Edwards
Compass
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,550
Outstanding Balance
$374,158
Interest Rate
3.63%
Estimated Equity
$58,578

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 29, 2020
Sold by
Jt Skyline Properties Llc
Bought by
Abioye Kehinde A and Abioye Alishka
Seller's Agent
Janette Coss
Realty of America, LLC
Buyer's Agent
Robert Bailey
ARNI Realty Incorporated
List Price
$399,999
Sold Price
$405,000
Premium/Discount to List
$5,001
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.37%
Original Mortgage
$405,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2019
Closed on
Jul 19, 2019
Sold by
Kennedy Jeanne M
Bought by
Jt Skyline Properties Llc
Seller's Agent
Maya Puentes
Baird & Warner
Buyer's Agent
Janette Coss
Realty of America, LLC
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
166.29%
Original Mortgage
$240,500
Interest Rate
3.73%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 23, 2002
Sold by
Kennedy Michael J and Kennedy Jeanne M
Bought by
Kennedy Michael J and Kennedy Jeanne M

Purchase Details

Closed on
Sep 1, 1995
Sold by
Neal Donald E and Neal Suzan A
Bought by
Kennedy Michael J and Kennedy Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.78%
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
Zolo Chloe E $415,000 --
Zolo Chloe E $415,000 --
Abioye Kehinde A $405,000 First American Title
Jt Skyline Properties Llc $185,000 Baird & Warner Ttl Svcs Inc
Kennedy Michael J -- --
Kennedy Michael J $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zolo Chloe E $402,550
Previous Owner Abioye Kehinde A $405,000
Previous Owner Jt Skyline Properties Llc $240,500
Previous Owner Kennedy Michael J $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $415,000 -2.4% $261 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $425,000 +4.9% $268 / Sq Ft
05/07/2020 05/07/20 Sold $405,000 +1.3% $227 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $399,999 +116.2% $224 / Sq Ft
07/20/2019 07/20/19 Sold $185,000 -7.0% $104 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $199,000 -- $112 / 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 $11,005 $29,056 $5,355 $23,701
2023 $7,566 $35,000 $5,355 $29,645
2022 $7,566 $18,878 $4,641 $14,237
2021 $7,205 $18,877 $4,641 $14,236
2020 $7,017 $18,877 $4,641 $14,236
2019 $7,883 $19,112 $4,165 $14,947
2018 $7,572 $19,112 $4,165 $14,947
2017 $7,338 $19,112 $4,165 $14,947
2016 $6,142 $14,521 $3,451 $11,070
2015 $4,161 $14,521 $3,451 $11,070
2014 $4,082 $14,521 $3,451 $11,070
2013 $4,384 $16,731 $3,451 $13,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11290355

Midwest Real Estate Data (MRED)

APN: 16-19-131-027-0000