NOT LISTED FOR SALE

532 N Oaklawn Ave Elmhurst, IL 60126

Estimated Value: $1,124,000 - $1,988,426

7 Beds
7 Baths
7,615 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $1,125,000 $148 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $10,506/month

232 Days on Market

Highlights

  • Home Theater
  • Spa
  • Landscaped Professionally
  • Emerson Elementary School Rated A
  • Sauna
  • 5-minute walk to Berens Park

About This Home

As of June 2018

MOTIVATED SELLER SAYS SELL TODAY!! YOU'VE GOT TO CHECK OUT THIS AMAZING HOME! 6 BEDROOMS, 5 FULL BATHS & 2 POWDER ROOMS. 1ST FLOOR HAS TRAVERTINE & HARDWOOD FLOORS, FORMAL DINING ROOM, HUGE FAMILY ROOM WITH GAS FP, WET BAR & FRENCH DOORS TO PATIO. GOURMET KITCHEN WITH HIGH END APPLIANCES, LARGE EATING AREA W/ FRENCH DOORS TO PATIO.1ST FLOOR OFFICE W/ WITH FULL BATH COULD BE 6TH BR, 1ST FLOOR EXERCISE ROOM & 1ST FLOOR LAUNDRY/MUD ROOM. 2ND FLOOR HAS MASTER SUITE W/ GAS FIREPLACE, BREAKFAST BAR, HIS & HER WALK-IN CLOSETS.4 MORE GENEROUSLY SIZED BEDROOMS W/ 2 JACK & JILL BATHS. LOWER LEVEL HAS ENORMOUS REC ROOM W/ GAS FP, WET BAR, INFRARED SAUNA - POSSIBLE 7TH BR, FULL BATH, HOME THEATER AND SPACE FOR AN ELEVATOR. STUNNING BACKYARD WITH BLUE STONE PATIO, BUILT IN HOT TUB & GRILL, EACH COVERED BY A PERGOLA, WATER FOUNTAIN WALL & FULLY FENCED. 3 ZONED HEAT & A/C, GENERAC GENERATOR, 3.5 CAR GARAGE W/ EPOXY FLOOR. WALK TO BERENS PARK. ALMOST 8,000 TOTAL SQ FT ON 3 FINISHED FLOORS. AMAZING!

Last Agent to Sell the Property

Dave Ricordati

Compass License #475129163 Listed on: 09/12/2017

Compass

Co-Listed By

Kathy Ricordati

Compass License #471002694

Last Buyer's Agent

Luke Chirayil

Achieve Real Estate Group Inc License #475171378

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,245

Year Built

  • 2007

Lot Details

  • East or West Exposure
  • Dog Run
  • Fenced Yard
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding

Interior Spaces

  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Dining Area
  • Home Theater
  • Recreation Room
  • Sauna
  • Home Gym
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop with Range Hood
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 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

Finished Basement

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

Outdoor Features

  • Spa
  • Brick Porch or Patio
  • Fire Pit
  • Outdoor Grill

Location

  • Property is near a park
  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,245

Year Built

2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 6-10 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.2
  • Total Sq Ft: 5500
  • Type Detached: 2 Stories
  • Estimated Year Built: 2007
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Sauna/Steam Room, Hardwood Floors, In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 14
  • Appliances: All Stainless Steel Kitchen Appliances, Cooktop, Oven/Built-in, Range Hood
  • Equipment: Humidifier, Security System, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Air Cleaner, Power Generator
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 7
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 15X08, On Level: Main Level, Flooring: Travertine, Windows: None
  • Dining Room: Dimensions: 15X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 20X14, On Level: Main Level, Flooring: Travertine, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Eating Area, Recreation Room, Exercise Room, Theatre Room, Foyer, 7th Bedroom
  • Master Bedroom: Dimensions: 22X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 26X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 3 Name: Eating Area, Dimensions: 16X12, On Level: Main Level, Flooring: Travertine, Windows: Shades
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: Shades
  • Additional Room 4 Name: Recreation Rm, Dimensions: 62X16, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: Shades
  • Additional Room 5 Name: Bar, Dimensions: 20X15, On Level: Basement, Flooring: Carpet
  • Additional Room 6 Name: Exercise Rm, Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 7 Name: Theater Rm, Dimensions: 21X15, On Level: Basement, Flooring: Carpet
  • Additional Room 8 Name: Foyer, Dimensions: 18X10, On Level: Main Level, Windows: None
  • Additional Room 10 Name: 7th Bdrm, Dimensions: 17X10, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 7615
  • Estimated Total Finished Sq Ft: 8000
  • Basement Finished Sq Ft: 2500
  • Main Level Sq Ft: 2750
  • Upper Level Sq Ft: 2750
  • Dining Room Type: Separate
  • Family Room: Dimensions: 31X16, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Hot Tub, Dog Run, Brick Paver Patio, Outdoor Grill, Fire Pit
  • Exposure: E (East), W (West)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service, 400 Amp Service or Greater
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems

Condo/Co-op/Association

  • Assessed Sq Ft: 5201

Schools

  • School District: 205
  • Elementary School: EMERSON ELEMENTARY SCHOOL
  • High School: YORK COMMUNITY HIGH SCHOOL
  • Junior High Dist: 205

Lot Info

  • Lot Dimensions: 80X150
  • Lot Description: Fenced Yard, Landscaped Professionally, Park Adjacent
  • Parcel Identification Number: 0335122042

Tax Info

  • Taxes: 19612.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Jun 14, 2018
Sold by
Patel Manish and Patel Varsha
Bought by
Chirayil Shiji Luke
Seller's Agent
Dave Ricordati
Compass
Buyer's Agent
Luke Chirayil
Achieve Real Estate Group Inc
List Price
$1,399,000
Sold Price
$1,125,000
Premium/Discount to List
-$274,000
-19.59%
Current Estimated Value
$1,559,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,607
Avg. Annual Appreciation
4.38%
Original Mortgage
$750,000
Outstanding Balance
$660,409
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$876,256

Purchase Details

Closed on
Feb 27, 2007
Sold by
Menconi Rosane
Bought by
Patel Manish and Patel Varsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 29, 2007
Sold by
Ross Gary A and Ross Ruth L
Bought by
Menconi Rosane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 15, 2001
Sold by
Menconi Rosane and Farrell Michael
Bought by
Menconi Rosane

Purchase Details

Closed on
Sep 29, 1994
Sold by
Farrell Mike and Menconi Rosane
Bought by
Farrell Mike and Menconi Rosane
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
Chirayil Shiji Luke $1,125,000 Chicago Title
Patel Manish $305,000 Git
Menconi Rosane $250,000 Ticor Title
Menconi Rosane -- None Available
Farrell Mike -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chirayil Shiji Luke $750,000
Previous Owner Patel Manish $185,000
Previous Owner Menconi Rosane $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold $1,125,000 -13.4% $148 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/11/2018 04/11/18 Price Changed $1,299,000 -2.0% $171 / Sq Ft
10/12/2017 10/12/17 Price Changed $1,325,000 -1.9% $174 / Sq Ft
10/05/2017 10/05/17 Price Changed $1,350,000 -3.5% $177 / Sq Ft
09/12/2017 09/12/17 For Sale $1,399,000 -- $184 / 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 $27,245 $452,884 $74,362 $378,522
2023 $25,201 $416,330 $68,360 $347,970
2022 $24,807 $410,970 $65,410 $345,560
2021 $23,777 $393,650 $62,650 $331,000
2020 $22,400 $377,060 $60,010 $317,050
2019 $22,199 $362,560 $57,700 $304,860
2018 $20,789 $337,940 $54,960 $282,980
2017 $20,415 $322,990 $52,530 $270,460
2016 $19,613 $298,210 $48,500 $249,710
2015 $19,286 $275,480 $44,800 $230,680
2014 $18,013 $237,360 $36,960 $200,400
2013 $17,923 $242,200 $37,710 $204,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09747823

Midwest Real Estate Data (MRED)

APN: 03-35-122-042