NOT LISTED FOR SALE

514 S Grove Ave Oak Park, IL 60304

Estimated Value: $414,278 - $554,000

2 Beds
2 Baths
1,104 Sq Ft
$429/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $268,500 $243 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,198/month

4 Days on Market

Highlights

  • Formal Dining Room
  • Central Air
  • 3-minute walk to Fox Park
  • Abraham Lincoln Elementary School Rated A-

About This Home

As of July 2012

Starting up? Winding down? This impeccable 2BR/2BA bungalow is ready for you! Many improvements over the years include newer thermopane windows, central air, finished lower level rec room to name a few. Lrg. kit w/great working space & BK room look over the fenced in backyard and large garage. Oversized living room, frml dining room, 200 amp electric all near Fox Park and convenient shopping. Check this one out!!

Last Agent to Sell the Property

Thomas Carraher

Compass License #475115569 Listed on: 05/30/2012

Compass

Last Buyer's Agent

Kimberly Wojack & Anne Ferri

Baird & Warner License #475133853

Baird & Warner

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,602

Year Built

  • 1914

Lot Details

  • 3,485

Parking

  • 2

Interior Spaces

  • Formal Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$8,602

Year Built

1914

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 7
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 10X10
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X09
  • Living Room Level: Main Level
  • Living Room Size: 20X12
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 13X12
  • Family Room Level: Basement
  • Family Room Size: 20X16
  • Kitchen Level: Main Level
  • Kitchen Size: 14X10

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Other

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 30X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2012
Closed on
Jul 27, 2012
Sold by
Thompson John W and Thompson Shirley E
Bought by
Alice E Boomhower 2011 Declaration Of Tr
Seller's Agent
Thomas Carraher
Compass
Buyer's Agent
Kimberly Wojack & Anne Ferri
Baird & Warner
List Price
$274,900
Sold Price
$268,500
Premium/Discount to List
-$6,400
-2.33%
Current Estimated Value
$473,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,570
Avg. Annual Appreciation
4.36%
Original Mortgage
$168,500
Outstanding Balance
$26,995
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$446,075

Purchase Details

Closed on
Jun 4, 2001
Sold by
Seropian Alexander and Seropian Laura M
Bought by
Kreis Kenneth W and Kreis Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.16%

Purchase Details

Closed on
Jun 16, 1994
Sold by
Chudoba Ondrej and Chudoba Maria J
Bought by
Seropian Alexander and Feddersen Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
8.58%
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
Alice E Boomhower 2011 Declaration Of Tr $268,500 Fidelity Natl Title Ins Co
Kreis Kenneth W $170,000 --
Seropian Alexander $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alice E Boomhower 2011 Declaration Of Tr $168,500
Previous Owner Kreis Kenneth W $70,000
Previous Owner Seropian Alexander $115,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $268,500 -2.3% $243 / Sq Ft
06/03/2012 06/03/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $274,900 -- $249 / 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 $8,602 $32,353 $5,250 $27,103
2023 $8,180 $32,353 $5,250 $27,103
2022 $8,180 $27,458 $3,750 $23,708
2021 $8,032 $27,458 $3,750 $23,708
2020 $7,985 $27,458 $3,750 $23,708
2019 $7,220 $24,991 $3,375 $21,616
2018 $7,960 $24,991 $3,375 $21,616
2017 $7,807 $24,991 $3,375 $21,616
2016 $7,823 $21,933 $2,812 $19,121
2015 $6,963 $21,933 $2,812 $19,121
2014 $7,307 $24,373 $2,812 $21,561
2013 $7,318 $22,485 $2,812 $19,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08079625

Midwest Real Estate Data (MRED)

APN: 16-18-108-006-0000