NOT LISTED FOR SALE

1626 S Luther Ave Unit 49 Oakbrook Terrace, IL 60181

Estimated Value: $560,000 - $587,063

3 Beds
4 Baths
1,965 Sq Ft
$293/Sq Ft Est. Value

Last Sold December 12, 2013

Last sale price $320,000 $163 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,033/month

Highlights

  • Loft
  • Breakfast Room
  • Attached Garage
  • Stevenson School Rated A-

About This Home

As of November 2016

Excellent location backing to gorgeous water views!! 3 bedrooms, 3 and a half bath. Light and bright house, lots of windows and skylights. Three levels of luxury living. Master suite & 2nd BD on 1st floor. 3rd bedroom + large loft with full bath on 2nd floor. Basement large Rec Room with FP + granite bar + big storage RM. Large deck + patio. High ceiling, S. laundry on 1st floor.

Last Agent to Rent the Property

Talat Arain

Coldwell Banker Realty License #475129405 Listed on: 09/30/2016

Coldwell Banker Realty

Last Renter's Agent

Robert Cook

Coldwell Banker Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $11,664

Year Built

  • 1997

Lot Details

  • 17

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Breakfast Room
  • Loft

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Finished Basement

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

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$11,664

Year Built

1997

Lot Details

0

Parking

2

Rental Info

  • Available: 10/01/2016
  • Monthly Lot Rental Included: Lawn Care, Snow Removal
  • Security Deposit: 1 MO

Listing Details

  • Property Type: Residential Rental
  • Type Attached: Townhouse-2 Story
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Special Features: None
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Fireplaces: 2
  • Number Of Rooms: 9
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 14X14
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 13X12
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 13X10
  • Third Bedroom Flooring: Hardwood
  • Bathroom Amenities: Separate Shower
  • Living Room Level: Main Level
  • Living Room Size: 16X14
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 14X10
  • Dining Room Flooring: Hardwood
  • Family Room Level: Lower
  • Family Room Size: 42X17
  • Family Room Flooring: Carpet
  • Kitchen Level: Main Level
  • Kitchen Size: 11X10
  • Kitchen Flooring: Ceramic Tile
  • Additional Rooms: Breakfast Room, Loft
  • Additional Room 1 Name: Breakfast Rm
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 10X07
  • Additional Room 1 Flooring: Ceramic Tile
  • Additional Room 2 Name: Loft
  • Additional Room 2 Level: 2nd Level
  • Additional Room 2 Size: 14X11
  • Additional Room 2 Flooring: Hardwood
  • Additional Room 3 Name: Bar
  • Additional Room 3 Level: Basement
  • Additional Room 3 Size: 10X07

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pet Information: No Pets

Schools

  • Junior High Dist: 45

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Rasul Tanvir
Bought by
Akram Hina and Rasul Nasir
Current Estimated Value
$559,053

Purchase Details

Closed on
Jun 4, 2014
Sold by
Rasul Tanvir and Rasul Pervez
Bought by
Rasul Tanvir and Tanvir Rasul Living Trust

Purchase Details

Listed on
Nov 1, 2013
Closed on
Dec 12, 2013
Sold by
Colucci Nancy and Colucci Gary Anthony
Bought by
Rasul Tanvir
Seller's Agent
Linda Feinstein
Compass
Buyer's Agent
Talat Arain
Coldwell Banker Realty
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Oct 9, 2008
Sold by
Keating Dave R and Keating Nancy
Bought by
Colucci Nancy and Colucci Gary Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1999
Sold by
Bogart Thomas R and Bogart Cynthia D
Bought by
Keating Dave R

Purchase Details

Closed on
May 22, 1997
Sold by
Pinnacle Corp
Bought by
Bogart Thomas R and Bogart Cynthia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,415
Interest Rate
6.87%
Mortgage Type
Assumption
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
Akram Hina -- None Listed On Document
Rasul Tanvir -- None Available
Rasul Tanvir $320,000 Fidelity National Title
Colucci Nancy $416,000 Multiple
Keating Dave R $328,000 --
Bogart Thomas R $294,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colucci Nancy $286,000
Previous Owner Keating Dave R $250,000
Previous Owner Bogart Thomas R $240,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Rented $2,700 0.0% --
10/31/2016 10/31/16 Under Contract -- -- --
09/30/2016 09/30/16 For Rent $2,700 0.0% --
12/12/2013 12/12/13 Sold $320,000 -5.6% $163 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
11/01/2013 11/01/13 Price Changed $339,000 +3.0% $173 / Sq Ft
11/01/2013 11/01/13 For Sale $329,000 -- $167 / 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 $11,664 $158,793 $15,875 $142,918
2023 $10,964 $146,840 $14,680 $132,160
2022 $10,590 $143,330 $16,880 $126,450
2021 $10,240 $139,770 $16,460 $123,310
2020 $10,024 $136,710 $16,100 $120,610
2019 $9,481 $129,980 $15,310 $114,670
2018 $9,443 $123,040 $14,490 $108,550
2017 $8,301 $107,570 $12,670 $94,900
2016 $8,255 $101,340 $11,940 $89,400
2015 $8,087 $94,410 $11,120 $83,290
2014 $7,416 $86,240 $10,160 $76,080
2013 $7,298 $87,450 $10,300 $77,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09356206

Midwest Real Estate Data (MRED)

APN: 06-21-310-059