NOT LISTED FOR SALE

508 N Oak Park Ave Oak Park, IL 60302

Estimated Value: $978,000 - $1,094,000

6 Beds
3.5 Baths
3,254 Sq Ft
$311/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $880,000 $270 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,892/month

29 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Deck
  • Victorian Architecture
  • Oliver W Holmes Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Holmes School Playground

About This Home

As of June 2023

All of your vintage home dreams can come true! If you imagine swinging on a hammock in the summer breeze on your wrap around front porch or curling up with a book by the sitting room fireplace or venturing into the vast attic to see what treasures await, this is your home! The period millwork and soaring ceiling height captures your heart. The double entrance with the original tile and thick wood doors, generous foyer for proper greetings and stunning staircase perfect for photos with the stained glass in the background are all hallmarks of 508 N Oak Park Ave. The location is ideal as a member of the estate section of the Frank Lloyd Wright Historic District and provides easy access to public transportation, schools, shopping, parks, libraries and more. Owning a historic home in the renowned Village of Oak Park is a true stewardship. Come see why your next journey should begin here!

Last Agent to Sell the Property

Kara Keller

Baird & Warner License #471000649 Listed on: 03/23/2023

Baird & Warner

Co-Listed By

Jon Keller

@properties Christie's International Real Estate License #471020535

Last Buyer's Agent

Tabitha Murphy

Berkshire Hathaway HomeServices Chicago License #475132363

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,987

Year Built

  • Built in 1887

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75 x 165
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Victorian Architecture
  • Queen Anne Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,254 Sq Ft Home
  • 3-Story Property
  • Historic or Period Millwork
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Sitting Room
  • Formal Dining Room
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Schools

  • Oliver W Holmes Elementary Schoo
  • Gwendolyn Brooks Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Zoned Cooling
  • SpacePak Central Air
  • Heating System Uses Steam

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,987

Year Built

Built in 1887

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Queen Anne, Victorian
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1887
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log
  • Fireplaces: 3
  • Interior Amenities: Hardwood Floors, Historic/Period Mlwk
  • LivingArea: 3254
  • Other Equipment: Ceiling Fan(s), Sprinkler-Lawn
  • Room Type: Sitting Room, Bedroom 5, Bedroom 6, Foyer, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Master Bedroom,Other
  • Square Footage Comments: Cook County Assessor: 3,254 sq ft; Measured Breakdown by Floor: Main Flr = 1,752 Sq.Ft; 2nd Flr = 1,583 Sq.Ft; Attic = 1,473 Sq.Ft; Basement = 1,524 Sq.Ft
  • Total Sq Ft: 0
  • Attic: Full,Interior Stair,Unfinished
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 899000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete,Side Drive
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac, Zoned
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: 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: Oliver W Holmes Elementary Schoo
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Gwendolyn Brooks Middle School
  • Middle/Junior School District: 97

Lot Info

  • Lot Size Acres: 0.2841
  • Lot Dimensions: 75 X 165
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 18986.73
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 27, 2023
Sold by
Hembling Judith B and Hembling John J
Bought by
Greenwell Matthew and Greenwell Sarah
Seller's Agent
Kara Keller
Baird & Warner
Buyer's Agent
Tabitha Murphy
Berkshire Hathaway HomeServices Chicago
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Views
223
Current Estimated Value
$1,012,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,921
Avg. Annual Appreciation
7.15%
Original Mortgage
$704,000
Outstanding Balance
$690,705
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$330,076

Purchase Details

Closed on
Jul 3, 2001
Sold by
Firstar Bank Na
Bought by
Hembling John J and Hembling Judith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.82%
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
Greenwell Matthew $880,000 None Listed On Document
Hembling John J -- Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenwell Matthew $704,000
Previous Owner Us Bank Na $250,000
Previous Owner Hembling John J $75,000
Previous Owner Hembling John J $360,000
Previous Owner Firstar Bank Illinois $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $880,000 -2.1% $270 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $899,000 -- $276 / 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 $16,467 $86,000 $17,325 $68,675
2023 $20,011 $86,000 $17,325 $68,675
2022 $20,011 $75,270 $12,994 $62,276
2021 $18,987 $75,269 $12,993 $62,276
2020 $17,254 $75,269 $12,993 $62,276
2019 $20,046 $71,883 $11,756 $60,127
2018 $19,328 $71,883 $11,756 $60,127
2017 $18,574 $71,883 $11,756 $60,127
2016 $22,737 $63,840 $9,900 $53,940
2015 $21,400 $63,840 $9,900 $53,940
2014 $19,303 $63,840 $9,900 $53,940
2013 $19,529 $64,516 $9,900 $54,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11741819

Midwest Real Estate Data (MRED)

APN: 16-06-419-008-0000