NOT LISTED FOR SALE

281 N Forest Dr Addison, IL 60101

Estimated Value: $747,000 - $911,000

5 Beds
4 Baths
3,479 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $592,000 $170 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,677/month

20 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Bedroom
  • Attached Garage
  • Wood Flooring
  • Cul-De-Sac
  • Soaking Tub

About This Home

As of October 2020

WELCOME HOME to Oak Forest Estates! As you enter this large & luxurious home, you arrive in the 2 story grand foyer with gleaming hardwood floors. The bright & open floor plan is breathtaking in the expansive family room with a gorgeous floor to ceiling stone fireplace and full wall of windows! The home has been freshly painted a bright and neutral tone. The gourmet kitchen features 48" cabinetry, granite counter-tops and access to the tranquil patio & lighted pergola. Perfect for outdoor entertaining! Upstairs you will find the master suite retreat..with dual vanities, a deep soaking Jacuzzi tub with a separate shower and a huge walk in closet room. Three additional bedrooms are located upstairs and another room on the main level that can be used as a 5th bedroom. So much to see in this elegant home! The home also features a 3 car heated garage, paver brick driveway & patio, underground sprinkler system, intercom/security system, central vac, cable/phone lines in all rooms. and an additional 1751 st ft in the basement that is already plumbed for another full bath!

Last Agent to Sell the Property

Adrienne Michalek

Keller Williams Inspire - Geneva License #475186969 Listed on: 08/27/2020

Keller Williams Inspire - Geneva

Last Buyer's Agent

Pragna Kathrani

Hometown Real Estate Group LLC License #475160396

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,888

Year Built

  • 2004

Lot Details

  • 0.27

HOA Fees

  • $42 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Brick Driveway
  • Garage Is Owned

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Brick Porch or Patio
  • Cul-De-Sac

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,888

Year Built

2004

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 16-20 Years
  • Full Bathrooms: 4
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Square Footage Comments: Basement sq ft additional 1751. Total sq ft 5230
  • Total Full or Half Bathrooms: 4
  • Style Of House: Bi-Level
  • Type Detached: 2 Stories
  • Estimated Year Built: 2004
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 9
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Oven/Built-in
  • Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, Intercom, Ceiling Fan, Sump Pump, Sprinkler-Lawn
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 9X5, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 18X19, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 21X17, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 2 Name: Foyer, Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 3 Name: Walk in Closet, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 3479
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Brick Paver Patio
  • Acreage: 0.2756

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Brick
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 500

Schools

  • School District: 88
  • Elementary School: Fullerton Elementary School
  • Middle School: Indian Trail Junior High School
  • High School: Addison Trail High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 145X85
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 0327107020

Tax Info

  • Taxes: 13308.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 23, 2020
Sold by
Budzinski Stanley S and Budzinski Mary
Bought by
Patel Keyur and Patel Klinton
Seller's Agent
Adrienne Michalek
Keller Williams Inspire - Geneva
Buyer's Agent
Pragna Kathrani
Hometown Real Estate Group LLC
List Price
$629,500
Sold Price
$592,000
Premium/Discount to List
-$37,500
-5.96%
Current Estimated Value
$829,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,078
Avg. Annual Appreciation
7.04%
Original Mortgage
$472,000
Outstanding Balance
$425,471
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$403,109

Purchase Details

Closed on
Jun 22, 2005
Sold by
Skowron Witold
Bought by
Budzinski Stanley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Oxford Bank & Trust
Bought by
Skowron Witold
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
Patel Keyur $592,000 None Available
Budzinski Stanley S $750,000 Chicago Title Insurance Co
Skowron Witold $240,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Keyur $472,000
Previous Owner Budzinski Stanley S $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $592,000 -6.0% $170 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $629,500 -- $181 / 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 $14,888 $219,235 $64,039 $155,196
2023 $14,247 $201,540 $58,870 $142,670
2022 $14,328 $200,540 $58,580 $141,960
2021 $13,744 $192,090 $56,110 $135,980
2020 $13,387 $183,990 $53,740 $130,250
2019 $13,309 $176,910 $51,670 $125,240
2018 $13,184 $168,410 $49,190 $119,220
2017 $12,861 $160,950 $47,010 $113,940
2016 $12,550 $148,600 $43,400 $105,200
2015 $12,271 $137,270 $40,090 $97,180
2014 $12,121 $134,830 $39,280 $95,550
2013 $11,866 $137,580 $40,080 $97,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10836775

Midwest Real Estate Data (MRED)

APN: 03-27-107-020