NOT LISTED FOR SALE

1520 E Forest Ave Des Plaines, IL 60018

Estimated Value: $364,000 - $401,000

2 Beds
1 Bath
1,456 Sq Ft
$265/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $236,100 $162 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,598/month

48 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Attached Garage
  • Central Elementary School Rated A
  • Fenced Yard
  • 1-minute walk to Jaycee Park

About This Home

As of January 2021

INCREDIBLE INVESTMENT OPPORTUNITY FOR INVESTORS/HANDYMAN. HOME NEEDS WORK BUT POTENTIAL GALORE! THIS LARGE RANCH WITH ATTACHED GARAGE AND FENCED IN YARD IS LOCATED ON A QUIET TREE LINED STREET. SOME WORK HAS BEEN DONE, HUGE UNFINISHED BASEMENT. WOOD BURNING FIREPLACE IN LIVING ROOM. GREAT LOCATION, CLOSE TO I-294. GREAT SCHOOLS AND PARK DISTRICT.

Last Agent to Sell the Property

Patricia Monroe

Chicago Homes Connection, Inc. License #471013671 Listed on: 10/21/2020

Last Buyer's Agent

Rusmir Tufo

Prime Location Realty INC License #471019156

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,596

Year Built

  • 1954

Lot Details

  • 8,712

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Bar

Utilities

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

Additional Features

  • Deck
  • Fenced Yard

Listing and Financial Details

  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,596

Year Built

1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1456
  • Unfinished Basement Sq Ft: 1456
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Total Sq Ft: 2912
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Wood Laminate
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 16X12, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1456
  • Estimated Total Finished Sq Ft: 1456
  • Basement Sq Ft: 1456
  • Main Level Sq Ft: 1456

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.2

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1456

Schools

  • School District: 207
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 65X130
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 09204090270000

Tax Info

  • Taxes: 5674.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 15, 2020
Sold by
Fannie Mae
Bought by
Mevic Mirsada and Mevic Mirsad
Seller's Agent
Patricia Monroe
Chicago Homes Connection, Inc.
Buyer's Agent
Rusmir Tufo
Prime Location Realty INC
List Price
$205,000
Sold Price
$236,100
Premium/Discount to List
$31,100
15.17%
Current Estimated Value
$386,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,269
Avg. Annual Appreciation
9.53%
Original Mortgage
$254,645
Outstanding Balance
$230,375
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$131,428

Purchase Details

Closed on
Apr 23, 2019
Sold by
Sutton Dennis
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 9, 2016
Sold by
Sutton Dennis W
Bought by
The Bank Of New York Mellon and Cwheq Inc

Purchase Details

Closed on
Jul 25, 1997
Sold by
Ruggero Angeline M
Bought by
Sutton Dennis W and Sutton Astairre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.71%
Mortgage Type
VA

Purchase Details

Closed on
Feb 25, 1995
Sold by
Ruggero Mary F
Bought by
Mary F Ruggero Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mevic Mirsada $236,500 None Available
Federal National Mortgage Association -- None Available
The Bank Of New York Mellon -- Attorney
Sutton Dennis W $150,000 Lawyers Title Insurance Corp
Mary F Ruggero Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mevic Mirsada $254,645
Previous Owner Sutton Dennis W $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $236,100 0.0% $162 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
12/06/2020 12/06/20 Off Market $236,100 -- --
12/02/2020 12/02/20 For Sale $205,000 0.0% $141 / Sq Ft
11/28/2020 11/28/20 For Sale $205,000 -13.2% $141 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/23/2020 11/23/20 Off Market $236,100 -- --
11/17/2020 11/17/20 For Sale $205,000 -13.2% $141 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/29/2020 10/29/20 Off Market $236,100 -- --
10/21/2020 10/21/20 For Sale $205,000 -- $141 / 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 $6,596 $28,334 $6,960 $21,374
2023 $7,719 $30,000 $6,960 $23,040
2022 $7,719 $30,000 $6,960 $23,040
2021 $6,782 $22,062 $5,655 $16,407
2020 $5,730 $22,062 $5,655 $16,407
2019 $5,674 $24,514 $5,655 $18,859
2018 $5,672 $22,401 $5,002 $17,399
2017 $5,589 $22,401 $5,002 $17,399
2016 $5,531 $22,401 $5,002 $17,399
2015 $7,220 $26,506 $4,350 $22,156
2014 $7,084 $26,506 $4,350 $22,156
2013 $6,890 $26,506 $4,350 $22,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10913696

Midwest Real Estate Data (MRED)

APN: 09-20-409-027-0000