NOT LISTED FOR SALE

1624 S Luther Ave Unit 48 Oakbrook Terrace, IL 60181

Estimated Value: $580,000 - $635,000

3 Beds
4 Baths
3,180 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $495,000 $156 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,797/month

61 Days on Market

Highlights

  • Recreation Room
  • Home Office
  • Entrance Foyer
  • Stevenson School Rated A-
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

World Class Luxury Living!!! It doesn't get much better than this recently updated home with the premium interior location with spectaculor water view!! The heart of the home is the kitchen and this has a brand new heart!! All new Crafts Maid cabinets with all the bells and whistles. Rollout drawers all soft close drawers and upper cabinet doors, spice cabinets, two refuse drawers with extra storage for garbage bags, corner drawers for easy access, Quartz counter tops, oversized 16 gage SS sink with touch sensitive European style faucet with pull out spray. High end appliances featuring the largest Whirlpool Refrigerator with indoor ice and water and French doors and additional freezer drawers. Kitchen-Aid 5 burner cooptop with multi zone burners for variable size pots, Kitchen-Aid SS Micro and Oven combo, Bosch SS Dishwasher and porcelain floors. Beautiful wood floors in LD, DR. All new Hunter Douglas blinds throughout entire house many with remote controls and room darkening ones in bedrooms. Newer carpeting, Furnace and Air conditioner 6 years old, roof only 3 years old. Recently refinished basement with bedroom and newer full bath and nice open office area and rec room area. Other bathrooms updated. All this plus a killer water view with nice sized deck and maintenance free yard. Association fee includes front yard landscaping and irrigation, roofs, exterior painting, gutter cleaning and insurance including structure, Truly maintenance free, Truly turnkey!! Montini Catholic High School just down the street.

Last Agent to Sell the Property

Don Romanelli

Romanelli & Associates License #471006112 Listed on: 08/04/2020

Last Buyer's Agent

Jennifer Vande Lune

@properties Christie's International Real Estate License #475141942

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,527

Year Built | Renovated

  • 1997 | 2013

Lot Details

  • 17

HOA Fees

  • $504 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • See Through Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Loft

Finished Basement

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

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,527

Year Built | Renovated

1997 | 2013

Lot Details

0

HOA Fees

$504 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Recent Rehab: Yes
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2013
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997
  • Year Renovated: 2013

Interior Features

  • Number Of Rooms: 10
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Fireplace Details: See through/Multi Sided, Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X11, On Level: Basement, Flooring: Porcelain Tile
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Dimensions: 13X15, On Level: Main Level, Flooring: Porcelain Tile
  • Additional Rooms: Loft, Foyer, Recreation Room, Office
  • Master Bedroom: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Loft, Dimensions: 11X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 2 Name: Foyer, Dimensions: 4X7, On Level: Main Level, Flooring: Porcelain Tile, Windows: Blinds
  • Bedroom 2: Dimensions: 17X20, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Recreation Rm, Dimensions: 14X15, On Level: Basement, Flooring: Porcelain Tile
  • Bedroom 3: Dimensions: 13X15, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Additional Room 5 Name: Office, Dimensions: 18X12, On Level: Basement, Flooring: Porcelain Tile
  • Estimated Sq Ft: 3180
  • Family Room: Dimensions: 17X14, On Level: Main Level, Flooring: Porcelain Tile, Windows: Shades

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 504

Schools

  • School District: 88
  • Elementary School: Westmore Elementary School
  • Middle School: Jackson Middle School
  • High School: Willowbrook High School
  • Junior High Dist: 45

Lot Info

  • Lot Dimensions: 50X47X42X40X42X47
  • Parcel Identification Number: 0621310050

Tax Info

  • Taxes: 10174.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Khan Ned C
Bought by
Khan Ned C and Ned C Khan Inheritance Trust
Current Estimated Value
$608,623

Purchase Details

Listed on
Aug 4, 2020
Closed on
Nov 19, 2020
Sold by
Sosa Manuel S and Sosa Martha E
Bought by
Khan Ned C and Kos Beth
Seller's Agent
Don Romanelli
Romanelli & Associates
Buyer's Agent
Jennifer Vande Lune
@properties Christie's International Real Estate
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Sep 5, 2017
Sold by
Caldarazzo Richard J
Bought by
Sosa Manuel A and Sosa Martha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2003
Sold by
West Suburban Bank
Bought by
Caldarazzo Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2003
Sold by
Patrevito Thomas
Bought by
West Suburban Bank and Trust #12500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2003
Sold by
Roth James H and Roth Diane F
Bought by
Patrevito Thomas

Purchase Details

Closed on
Mar 19, 1997
Sold by
Pinnacle Corp
Bought by
Roth James H and Roth Diane F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Khan Ned C -- None Available
Khan Ned C $495,000 Chicago Title
Sosa Manuel A $134,000 Stewart Title Company
Caldarazzo Richard J $345,000 Atg
West Suburban Bank -- Atg
Patrevito Thomas $385,000 Stewart Title Company
Roth James H $364,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Ned C $175,000
Closed Khan Ned C $175,000
Previous Owner Sosa Manuel A $348,000
Previous Owner Caldarazzo Richard J $396,950
Previous Owner Caldarazzo Richard J $70,000
Previous Owner Caldarazzo Richard J $245,000
Previous Owner Roth James H $220,700
Previous Owner Roth James H $60,000
Previous Owner Roth James H $225,500
Previous Owner Roth James H $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $495,000 -5.7% $156 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $525,000 -- $165 / 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 $11,527 $157,019 $15,702 $141,317
2023 $10,834 $145,200 $14,520 $130,680
2022 $11,853 $159,710 $15,970 $143,740
2021 $11,463 $155,740 $15,570 $140,170
2020 $10,838 $152,330 $15,230 $137,100
2019 $10,234 $144,830 $14,480 $130,350
2018 $10,174 $137,100 $13,710 $123,390
2017 $8,896 $119,850 $11,980 $107,870
2016 $8,824 $112,910 $11,290 $101,620
2015 $8,616 $105,190 $10,520 $94,670
2014 $9,101 $104,480 $10,450 $94,030
2013 $8,957 $105,960 $10,600 $95,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10807587

Midwest Real Estate Data (MRED)

APN: 06-21-310-050