NOT LISTED FOR SALE

314 Lathrop Ave River Forest, IL 60305

Estimated Value: $614,000 - $626,000

2 Beds
2 Baths
1,689 Sq Ft
$367/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $500,000 $296 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,323/month

24 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • 2 Car Detached Garage
  • Lincoln Elementary School Rated A
  • Home Office
  • Patio

About This Home

As of February 2022

Located in the hub of River Forest is this adorable, perfectly maintained home that checks off all the boxes for the first-time homebuyer or empty nester. Gutted to the studs in 2004 means updated electric, plumbing, lawn irrigation, and a new chimney liner for the wood-burning fireplace located in the first-floor family room. Two bedrooms (+nursery) are upstairs along with a large, full bath with jacuzzi tub, shower, and double vanity. The finished basement has been waterproofed and features a rec room, laundry room, storage room, and the second full bathroom with a Kohler, body spray shower. The deep setback in the front allows for an expansive, quiet front yard while the spacious backyard offers a patio and covered walkway from the 2-car garage. Walk to everything- Metra, Green Line, schools, local shops, Madison St., and steps to Lathrop House Cafe. A fantastic alternative to attached living!

Last Agent to Sell the Property

Victoria Freund

@properties Christie's International Real Estate License #475146650 Listed on: 12/04/2021

@properties   Christie's International Real Estate

Last Buyer's Agent

Sharon Rizzo

Compass License #471014385

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,992

Year Built

  • Built in 1906 | Remodeled in 2004

Lot Details

  • Lot Dimensions are 45x181

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,689 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Recreation Room
  • Play Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Sink Near Laundry

Finished Basement

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

Outdoor Features

  • Patio
  • Breezeway

Schools

  • Lincoln Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Baseboard Heating
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,992

Year Built

Built in 1906 | Remodeled in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2004
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2004

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Finished Sq Ft: 897
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1689
  • Room Type: Office, Nursery, Recreation Room
  • Estimated Total Finished Sq Ft: 2586
  • Assessed Sq Ft: 1459
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1689
  • Basement Sq Ft: 897
  • Fireplace Location: Family Room
  • Total Sq Ft: 2586
  • Upper Level Sq Ft: 779
  • Main Level Sq Ft: 910
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio, Breezeway
  • List Price: 500000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: 200+ Amp Service
  • Heating: Baseboard, Radiator(s)
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School
  • Middle/Junior School District: 90

Lot Info

  • Lot Dimensions: 45X181
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 9992.05
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Feb 23, 2022
Sold by
Smith Adam and Smith Christy
Bought by
Mathes David and Mathes Sharon Sarah
Seller's Agent
Victoria Freund
@properties Christie's International Real Estate
Buyer's Agent
Sharon Rizzo
Compass
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$619,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,276
Avg. Annual Appreciation
5.95%
Original Mortgage
$450,000
Outstanding Balance
$387,173
Interest Rate
2.88%
Estimated Equity
$232,103

Purchase Details

Listed on
Dec 4, 2021
Closed on
Feb 17, 2022
Sold by
Smith Adam and Smith Christy
Bought by
Mathes David and Mathes Sharon Sarah
Seller's Agent
Victoria Freund
@properties Christie's International Real Estate
Buyer's Agent
Sharon Rizzo
Compass
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$387,173
Interest Rate
2.88%
Estimated Equity
$232,103

Purchase Details

Closed on
Mar 30, 2004
Sold by
Parkway Bank & Trust Co
Bought by
Smith Adam and Smith Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2003
Sold by
Serritella Anthony J
Bought by
Parkway Bank & Trust Co and Trust #13589

Purchase Details

Closed on
Oct 17, 2000
Sold by
Cole Taylor Bank
Bought by
Serritella Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
12.15%
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
Mathes David $500,000 --
Mathes David $500,000 --
Smith Adam $345,000 Multiple
Parkway Bank & Trust Co -- --
Serritella Anthony $242,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathes David $450,000
Previous Owner Smith Adam $276,000
Previous Owner Serritella Anthony $237,500
Closed Smith Adam $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2022 02/17/22 Sold $500,000 0.0% $296 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $500,000 -- $296 / 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 $12,780 $50,001 $8,756 $41,245
2023 $10,516 $52,000 $8,756 $43,244
2022 $10,516 $35,985 $7,534 $28,451
2021 $10,155 $35,985 $7,534 $28,451
2020 $9,992 $35,985 $7,534 $28,451
2019 $10,202 $36,293 $6,923 $29,370
2018 $9,656 $36,293 $6,923 $29,370
2017 $10,165 $38,087 $6,923 $31,164
2016 $8,963 $30,358 $5,701 $24,657
2015 $8,765 $30,358 $5,701 $24,657
2014 $8,045 $30,358 $5,701 $24,657
2013 $9,100 $34,881 $5,701 $29,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11280031

Midwest Real Estate Data (MRED)

APN: 15-12-305-022-0000