NOT LISTED FOR SALE

521 N Oak Park Ave Oak Park, IL 60302

Estimated Value: $973,000 - $1,022,000

4 Beds
3.5 Baths
3,703 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $500,000 $135 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,524/month

313 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • Breakfast Room
  • Oliver W Holmes Elementary School Rated A-
  • Den
  • 4-minute walk to Holmes School Playground

About This Home

As of December 2012

Stately and elegant center entrance brick Colonial on gorgeous lot. 4 bedrooms, 3 baths, master suite with fireplace and marble bath. Granite kitchen with brkfst room, sunroom/den. 3rd floor perfect for nanny or teen. Newer roof,copper gutters and downspouts. 2 heating and central air systems. Property has 2 PIN #'s. Short Sale has been approved by the bank at $570,000. Showings Tues., Thurs., & Sat. Sold "as is."

Last Agent to Sell the Property

April Moon

@properties Christie's International Real Estate License #475139031 Listed on: 11/03/2011

@properties Christie's International Real Estate

Last Buyer's Agent

Paul Cagnina

Your Home Realty LLC License #471004272

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,555

Lot Details

  • Lot Dimensions are 75 x 171
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Schools

  • Oliver W Holmes Elementary Schoo
  • Percy Julian Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,555

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Other Equipment: TV-Cable
  • Room Type: Breakfast Room, Den
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Master Bedroom

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 579000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

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: PERCY JULIAN MIDDLE SCHOOL
  • Middle/Junior School District: 97

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 75 X 171
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 21554.84
  • Tax Year: 2011
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2011
Closed on
Dec 21, 2012
Sold by
Chicago Title Land Trust Co
Bought by
Javed Ahsan and Hasan Rafia
Seller's Agent
April Moon
@properties Christie's International Real Estate
Buyer's Agent
Paul Cagnina
Your Home Realty LLC
List Price
$579,000
Sold Price
$500,000
Premium/Discount to List
-$79,000
-13.64%
Current Estimated Value
$990,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,963
Avg. Annual Appreciation
5.80%
Original Mortgage
$350,000
Outstanding Balance
$249,081
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$771,839
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
Javed Ahsan $500,000 Baird & Warner Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Javed Ahsan $100,000
Open Javed Ahsan $350,000
Previous Owner Renzi Neil J $100,000
Previous Owner Renzi Neil J $665,000
Previous Owner Renzi Neil J $200,000
Previous Owner American National Bk&Tr Co Of Chicago $125,000
Previous Owner American National Bk & Tr Co Of Chicago $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2012 12/21/12 Sold $500,000 -13.6% $135 / Sq Ft
09/11/2012 09/11/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $579,000 0.0% $156 / Sq Ft
12/22/2011 12/22/11 Pending -- -- --
12/01/2011 12/01/11 For Sale $579,000 +15.8% $156 / Sq Ft
11/07/2011 11/07/11 Off Market $500,000 -- --
11/03/2011 11/03/11 For Sale $579,000 -- $156 / 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 $15,184 $48,235 $5,985 $42,250
2023 $17,078 $48,235 $5,985 $42,250
2022 $17,078 $46,186 $4,489 $41,697
2021 $16,659 $46,184 $4,488 $41,696
2020 $16,293 $46,184 $4,488 $41,696
2019 $16,288 $44,168 $4,061 $40,107
2018 $15,676 $44,168 $4,061 $40,107
2017 $15,343 $44,168 $4,061 $40,107
2016 $14,660 $37,673 $3,420 $34,253
2015 $13,113 $37,673 $3,420 $34,253
2014 $4,437 $14,525 $3,420 $11,105
2013 -- $25,290 $3,420 $21,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 07937653

Midwest Real Estate Data (MRED)

APN: 16-06-325-016-0000