NOT LISTED FOR SALE

1531 Oak Park Ave Berwyn, IL 60402

Estimated Value: $307,000 - $375,000

2 Beds
2 Baths
1,275 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $186,000 $146 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,492/month

111 Days on Market

Highlights

  • Wood Flooring
  • Lower Floor Utility Room
  • Detached Garage
  • Home Office
  • Fenced Yard
  • Patio

About This Home

As of May 2016

GREAT LOCATION AND BUILDING!! 5 MINUTES TO I-290 AND CTA TRAIN, PLUS FRONT DOOR PUBLIC TRANSPORTATION. 15 MINUTES TO DOWNTOWN CHICAGO. BRICK BUNGALOW WITH HARDWOOD FLOORS THROUGHOUT, LIVINGROOM, DINING ROOM, KITCHEN AND 2 BEDROOMS ON THE MAIN FLOOR, FINISTHED BASEMENT WITH A EXTRA ROOM, FAMILY ROOM AND FULL BATHROOM. REGULAR SALE!!

Last Agent to Sell the Property

Alejandra Benitez

RE/MAX Partners License #475133487 Listed on: 12/02/2015

RE/MAX Partners

Last Buyer's Agent

Mayra Reyes

Golden Homes Real Estate Inc. License #475151859

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,075

Year Built

  • 1930

Lot Details

  • 3,790

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Home Office
  • Lower Floor Utility Room
  • Wood Flooring

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,075

Year Built

1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Special Service Area: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1930
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Attic: Unfinished
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 11X14, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 11X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: Office, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Utility Room-Lower Level, Dimensions: 11X09, On Level: Basement, Flooring: Other
  • Additional Room 2 Name: Office, Dimensions: 12X12, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1275
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X32, On Level: Basement, Flooring: Ceramic Tile, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Special Assessments: Y
  • Master Association Fee: Yes

Schools

  • School District: 98
  • Junior High Dist: 98

Lot Info

  • Lot Dimensions: 30 X125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 16192240140000

Tax Info

  • Taxes: 4079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
May 27, 2016
Sold by
Marquette Bank
Bought by
Santamaria Freddie and Espinoza Rosa M
Seller's Agent
Alejandra Benitez
RE/MAX Partners
Buyer's Agent
Mayra Reyes
Golden Homes Real Estate Inc.
List Price
$189,900
Sold Price
$186,000
Premium/Discount to List
-$3,900
-2.05%
Current Estimated Value
$343,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,039
Avg. Annual Appreciation
6.54%
Original Mortgage
$176,700
Outstanding Balance
$144,186
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$192,275

Purchase Details

Closed on
Aug 1, 2014
Sold by
The Chicago Trust Company Na
Bought by
Marquette Bank Land Trust

Purchase Details

Closed on
Jul 24, 2014
Sold by
Siavichay Richard
Bought by
Suburban Bank & Trust

Purchase Details

Closed on
Sep 20, 2010
Sold by
Siavichay Rocio
Bought by
Siavichay Richard

Purchase Details

Closed on
Feb 26, 2007
Sold by
Siavichay Richard
Bought by
Siavichay Richard and Siavichay Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,630
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2001
Sold by
Clark Matthew F
Bought by
Siavichay Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,267
Interest Rate
6.97%
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
Santamaria Freddie $186,000 First American Title
Marquette Bank Land Trust $80,000 Stewart Title
Suburban Bank & Trust $79,000 None Available
Siavichay Richard -- None Available
Siavichay Richard -- First American Title
Siavichay Richard $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santamaria Freddie $176,700
Previous Owner Siavichay Richard $245,630
Previous Owner Siavichay Richard $142,267
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $186,000 -2.0% $146 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
01/29/2016 01/29/16 Price Changed $189,800 -0.1% $149 / Sq Ft
12/02/2015 12/02/15 For Sale $189,900 -- $149 / 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 $8,075 $26,007 $4,253 $21,754
2023 $4,603 $29,001 $4,253 $24,748
2022 $4,603 $14,906 $3,686 $11,220
2021 $4,418 $14,905 $3,685 $11,220
2020 $4,387 $14,905 $3,685 $11,220
2019 $4,861 $15,216 $3,307 $11,909
2018 $4,667 $15,216 $3,307 $11,909
2017 $6,508 $16,950 $3,307 $13,643
2016 $5,297 $12,523 $2,740 $9,783
2015 $5,198 $12,523 $2,740 $9,783
2014 $4,016 $12,523 $2,740 $9,783
2013 $4,079 $14,001 $2,740 $11,261
Source: Public Records

Agents Affiliated with this Home

  • Alejandra Benitez

    Seller's Agent in 2016

    Alejandra Benitez

    RE/MAX

    (708) 289-9512

    3 in this area

    83 Total Sales

    Alejandra Benitez
    Section Image

  • M

    Buyer's Agent in 2016

    Mayra Reyes

    Golden Homes Real Estate Inc.

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09095926

Midwest Real Estate Data (MRED)

APN: 16-19-224-014-0000

Illinois Cook County Berwyn 60402

1531 Oak Park Ave, Berwyn, IL

This home is located at 1531 Oak Park Ave, Berwyn, IL 60402 since 02 December 2015 and is currently estimated at $343,039, approximately $269 per square foot. This property was built in 1930. 1531 Oak Park Ave is a home located in Cook County with nearby schools including Prairie Oak School, Lincoln Middle School, and J Sterling Morton West High School.

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