NOT LISTED FOR SALE

540 Forest Ave Oak Park, IL 60302

Estimated Value: $857,000 - $1,020,000

5 Beds
3 Baths
2,431 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $705,000 $290 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,439/month

1 Day on Market

Highlights

  • The property is located in a historic district
  • Deck
  • American Four Square Architecture
  • Oliver W Holmes Elementary School Rated A-
  • Recreation Room
  • 4-minute walk to Holmes School Playground

About This Home

As of May 2016

Geographically correct! Center of town location. 5 BR, 2.1 baths in 4 comfortable levels of living space. Lots of new improvements to this turn of the century (1902) American Foursquare style beauty. Exterior newly painted a crisp cadet grey with accenting white trim. New wood fence with black iron automated security gate. All new baths and newly finished 3rd floor with huge bedroom and full bath. New windows throughout, new kitchen appliances & W/D. Kitchen is large enough for any gathering! An abundance of natural woodwork and stained glass windows. Honestly, very close to everything!

Last Agent to Sell the Property

Diane Davis

Coldwell Banker Realty License #475125456 Listed on: 03/16/2016

Co-Listed By

Patsy Bonniwell

Coldwell Banker Realty License #475125445

Last Buyer's Agent

Steve Nasralla

Compass License #475130818

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,805

Year Built

  • 1903

Lot Details

  • 7,405

Parking

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

Home Design

  • American Four Square Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Partial Air Conditioning Available
  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Fenced Yard
  • The property is located in a historic district

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,805

Year Built

1903

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: American 4-Sq.
  • Type Detached: 3 Stories
  • Estimated Year Built: 1903
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1903

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 9
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Attic: Finished, Interior Stair
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 13X19, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X23, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: 5th Bedroom, Deck, Recreation Room
  • Master Bedroom: Dimensions: 25X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X13, On Level: 3rd Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 18X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 14X11, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X13, On Level: Main Level
  • Additional Room 5 Name: Deck, Dimensions: 20X12, On Level: Main Level
  • Estimated Sq Ft: 2431
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch, Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • 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: Circuit Breakers
  • Air Conditioner: Central Air, Partial, 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • School District: 200
  • Elementary School: OLIVER W HOLMES ELEMENTARY SCHOO
  • Middle School: GWENDOLYN BROOKS MIDDLE SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 50X148
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 16063200160000

Tax Info

  • Taxes: 17,082.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2021
Sold by
Dauphinee Matthew and Dauphinee Jill A
Bought by
Dauphinee Matthew and Dauphinee Jill
Current Estimated Value
$914,408

Purchase Details

Listed on
Mar 16, 2016
Closed on
Apr 9, 2016
Sold by
Hepdogan Ahmet S and Artega Juan Carlos
Bought by
Dauphinee Matthew and Dauphinee Jill A
Seller's Agent
Diane Davis
Coldwell Banker Realty
Buyer's Agent
Steve Nasralla
Compass
List Price
$695,000
Sold Price
$705,000
Premium/Discount to List
$10,000
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$564,000
Outstanding Balance
$455,702
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$393,467

Purchase Details

Closed on
Mar 23, 2015
Sold by
Hepdogan Ahmet S and Arteaga Juan Carlos
Bought by
Hepdogan Ahmet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,619
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2013
Closed on
Sep 16, 2013
Sold by
Goldstein Robert F and Bernstein Amy J
Bought by
Hepdogan Ahmer S
Seller's Agent
Marcee Gavula
Baird & Warner
Buyer's Agent
Patsy Bonniwell
Coldwell Banker Realty
List Price
$589,000
Sold Price
$565,000
Premium/Discount to List
-$24,000
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$452,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dauphinee Matthew -- Attorney
Dauphinee Matthew $705,000 None Available
Hepdogan Ahmet S -- Fidelity Natl Title Ins Co
Hepdogan Ahmer S $565,000 Baird And Warner Title Servi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dauphine Matthew J $564,000
Previous Owner Hepdogan Ahmet S $450,619
Previous Owner Hepdogan Ahmer S $452,000
Previous Owner Goldstein Robert F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $705,000 +1.4% $290 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $695,000 +23.0% $286 / Sq Ft
10/01/2013 10/01/13 Sold $565,000 -4.1% $268 / Sq Ft
08/25/2013 08/25/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $589,000 -- $279 / 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 $18,805 $61,000 $9,620 $51,380
2023 $16,543 $61,000 $9,620 $51,380
2022 $16,543 $46,502 $8,325 $38,177
2021 $16,155 $46,502 $8,325 $38,177
2020 $15,843 $46,502 $8,325 $38,177
2019 $18,651 $52,043 $7,585 $44,458
2018 $17,950 $52,043 $7,585 $44,458
2017 $21,801 $60,360 $7,585 $52,775
2016 $17,664 $43,887 $6,290 $37,597
2015 $18,383 $50,975 $6,290 $44,685
2014 $17,082 $50,975 $6,290 $44,685
2013 $13,877 $45,269 $6,290 $38,979
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09167330

Midwest Real Estate Data (MRED)

APN: 16-06-320-016-0000