NOT LISTED FOR SALE

500 Edgewood Place River Forest, IL 60305

Estimated Value: $691,000 - $841,000

3 Beds
2.5 Baths
2,250 Sq Ft
$338/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $550,000 $244 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,298/month

1 Day on Market

Highlights

  • Property is near a park
  • 4-minute walk to River Forest Station
  • Ranch Style House
  • Lincoln Elementary School Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of May 2022

Welcome to this well maintained Mid Century Classic located in sought after central River Forest. Ideally designed layout is perfect for everyday family living and entertaining. This freshly painted 3 bed 2 and a half bath Ranch features hardwood floors, two fireplaces, family room. The sun drenched living room has beautiful oak floors and stone fireplace. The modern kitchen with quartz counters and custom cabinetry opens into the bright formal dining room for easy family dinners. The large family room has an additional stone fireplace and opens to the patio perfect for family bbqs and entertaining. The large en-suite primary bedroom has a walk in closet. Two additional generously sized bedrooms with ample closet space. Convenient first floor laundry. Central Air. Expansive basement provides additional family recreation area and work out space. Ideally located within walking distance to parks, award winning schools, Metra Train, downtown Oak Park/River Forest. Easy access to city.

Last Agent to Sell the Property

Kevin Calkins

Compass License #475161523 Listed on: 03/18/2022

Compass

Last Buyer's Agent

Kara Keller

Baird & Warner License #471000649

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,467

Year Built

  • Built in 1951

Lot Details

  • 9,601 Sq Ft Lot
  • Lot Dimensions are 50x197
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,250 Sq Ft Home
  • Skylights
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Grill

Location

  • Property is near a park

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Edgewood Place Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,467

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Edgewood Place
  • Year Built: 1951
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Laundry
  • LivingArea: 2250
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2204
  • Lot Dimensions: 50X197
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 15467.44
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 9, 2022
Sold by
Thies Scott H
Bought by
Craig Bradley Revocable Trust
Seller's Agent
Kevin Calkins
Compass
Buyer's Agent
Kara Keller
Baird & Warner
List Price
$509,000
Sold Price
$550,000
Premium/Discount to List
$41,000
8.06%
Current Estimated Value
$760,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,923
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
May 13, 2020
Sold by
Thies Scott H and Thies Lea C
Bought by
Thies Scott H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2015
Closed on
Aug 17, 2015
Sold by
Ostroff Sander L and Ostroff Randall D
Bought by
Thies Scott and Thies Lea C
Seller's Agent
Colleen Vihtelic
Coldwell Banker Real Estate Group
Buyer's Agent
Jolyn Crawford
Exit Strategy Realty
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$414,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2002
Sold by
Ostroff Elaine W and Ostroff Milton M
Bought by
Ostroff Sander L and Ostroff Randall D

Purchase Details

Closed on
Nov 13, 1995
Sold by
Ostroff Elaine W
Bought by
Ostroff Elaine W and Ostroff Milton M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Craig Bradley Revocable Trust $65,333 None Listed On Document
Thies Scott H -- Closing Usa Llc
Thies Scott $460,000 Cti
Ostroff Sander L -- --
Ostroff Elaine W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thies Scott H $429,500
Previous Owner Thies Scott $414,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2022 05/19/22 Sold $550,000 +8.1% $244 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $509,000 +10.7% $226 / Sq Ft
08/21/2015 08/21/15 Sold $460,000 -3.2% $204 / Sq Ft View Prior Sale
06/09/2015 06/09/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $475,000 -- $211 / 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 $15,604 $57,000 $11,520 $45,480
2023 $16,335 $57,000 $11,520 $45,480
2022 $16,335 $54,005 $10,080 $43,925
2021 $15,759 $54,004 $10,080 $43,924
2020 $15,467 $54,004 $10,080 $43,924
2019 $13,216 $46,000 $9,120 $36,880
2018 $12,509 $46,000 $9,120 $36,880
2017 $12,482 $46,000 $9,120 $36,880
2016 $11,975 $39,723 $7,680 $32,043
2015 $11,725 $39,723 $7,680 $32,043
2014 $13,400 $46,291 $7,680 $38,611
2013 $12,980 $46,002 $7,680 $38,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11347050

Midwest Real Estate Data (MRED)

APN: 15-11-207-029-0000