NOT LISTED FOR SALE

515 River Oaks Dr River Forest, IL 60305

Estimated Value: $1,597,000 - $1,832,000

4 Beds
4 Baths
5,625 Sq Ft
$301/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $1,180,000 $210 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $12,397/month

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Lincoln Elementary School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of March 2020

MODERN LIVING IN RIVER FOREST...JUST MOVE-IN AND BEGIN TO ENJOY YOUR NEW HOME! AMAZINGLY BEAUTIFUL CUSTOM HOME. LOCATED IN PRIVATE ENCLAVE SURROUNDED BY SERENE ENVIRONMENT IN FRIENDLY COMMUNITY. BREATHTAKING THE MOMENT YOU WALK IN. FLOOR TO CEILING WINDOWS IN THE TWO STORY FAMILY ROOM LEAVES YOU IN AWE. SUNLIGHT BY DAY FILLS THE SPACE AND MOON LIGHT BY NIGHT HAS A SPECIAL GLOW. PICTURESQUE REAR YARD IS THE FOCUS POINT IN THE FAMILY ROOM WITH WOOD BURNING FIREPLACE FOR COZY EVENINGS. OPEN FLOOR PLAN FLOWS INTO GREAT KITCHEN WITH CUSTOM CHERRY CABINETRY, GRANITE COUNTER TOPS, HIGH-END APPLIANCES AND SPACIOUS ISLAND. THE MAIN FLOOR HAS A BEAUTIFUL LIVING ROOM, WHICH IS THE QUIETEST ROOM, LOVELY DINING ROOM WITH ORIGINAL FIREPLACE FOR SPECIAL TIMES. NICELY APPOINTED POWDER ROOM. MAIN FLOOR BEDROOM SUITE CAN BE USED FOR HOSTING OVERNIGHT GUESTS. SECOND LEVEL HAS WIDE HALLWAY WITH LOFT OVERLOOKING FAMILY ROOM AND DIVIDES THE MASTER SUITE FROM TWO BEDROOMS WITH DUAL BATHROOM. DEN AND STORAGE ON SECOND LEVEL, 2.5 CAR GARAGE

Last Agent to Sell the Property

Vernetta Jackson

RE/MAX Premier License #475139501 Listed on: 01/18/2020

RE/MAX Premier

Last Buyer's Agent

Alfonso Valencia

Keller Williams Preferred Realty License #475146552

Keller Williams Preferred Realty

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1951 | 2007

Lot Details

  • Cul-De-Sac
  • Landscaped Professionally
  • Irregular Lot

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Breakfast Room
  • Home Office
  • Loft
  • Bonus Room
  • Storage Room
  • Gallery
  • Wood Flooring
  • Crawl Space
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $10,000 Seller Concession

Home Details

Home Type

Single Family

Year Built | Renovated

1951 | 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2007
  • Rehab Year: 2007
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1951
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951
  • Year Renovated: 2007

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 2nd Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 12
  • Living Room: Dimensions: 12X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Attic: Full, Pull Down Stair
  • Fireplace Location: Family Room
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X11, On Level: 2nd Level
  • Dining Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler
  • Additional Rooms: Breakfast Room, Loft, Bonus, Foyer, Storage, Gallery, Office, Mud Room
  • Master Bedroom: Dimensions: 17X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 8X16, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Loft, Dimensions: 10X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 16X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Bonus, Dimensions: 18X17, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Foyer, Dimensions: 9X12, On Level: Main Level, Flooring: Stone
  • Bedroom 4: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Storage, Dimensions: 9X21, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 6 Name: Gallery, Dimensions: 8X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 7 Name: Office, Dimensions: 8X6, On Level: 2nd Level
  • Additional Room 8 Name: Mud, Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 5625
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Brick Paver Patio, Storms/Screens
  • Acreage: 0.342

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems

Schools

  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: 142 X 98 X 60 X 118 X 36 X 36
  • Lot Description: Cul-de-sac, Irregular, Landscaped Professionally
  • Parcel Identification Number: 15112130080000

Green Features

  • Green Features: Tankless hot water heater

Tax Info

  • Taxes: 33930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2020
Closed on
Mar 4, 2020
Sold by
Allen Lisa M
Bought by
Desai Vikas Y and Valencia Claudia
Seller's Agent
Vernetta Jackson
RE/MAX Premier
Buyer's Agent
Alfonso Valencia
Keller Williams Preferred Realty
List Price
$1,249,000
Sold Price
$1,180,000
Premium/Discount to List
-$69,000
-5.52%
Current Estimated Value
$1,807,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,698
Avg. Annual Appreciation
6.47%
Original Mortgage
$944,000
Outstanding Balance
$836,047
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$858,263

Purchase Details

Closed on
Aug 17, 2001
Sold by
Nielsen Ruth M
Bought by
Allen Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.5%

Purchase Details

Closed on
Aug 19, 1999
Sold by
Nielsen Ruth M
Bought by
Nielsen Ruth M and Ruth M Nielsen Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Desai Vikas Y $1,180,000 Chicago Title
Allen Lisa M -- --
Nielsen Ruth M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Vikas Y $944,000
Previous Owner Allen Lisa M $414,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2020 03/04/20 Sold $1,180,000 -5.5% $210 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $1,249,000 -- $222 / 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 $34,767 $127,000 $17,875 $109,125
2023 $37,509 $127,000 $17,875 $109,125
2022 $37,509 $116,156 $15,641 $100,515
2021 $36,123 $116,155 $15,640 $100,515
2020 $34,353 $116,155 $15,640 $100,515
2019 $35,953 $119,242 $14,151 $105,091
2018 $34,034 $119,242 $14,151 $105,091
2017 $33,930 $119,242 $14,151 $105,091
2016 $32,068 $102,180 $11,916 $90,264
2015 $31,463 $102,180 $11,916 $90,264
2014 $28,836 $102,180 $11,916 $90,264
2013 $27,597 $102,316 $11,916 $90,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10614678

Midwest Real Estate Data (MRED)

APN: 15-11-213-008-0000