Seller's Agent in 2024
Katie Barreto
Compass
(630) 310-9449
2 in this area
69 Total Sales
554 Forest Ave River Forest, IL 60305
Estimated Value: $2,170,281 - $2,387,000
5
Beds
5.5
Baths
5,932
Sq Ft
$379/Sq Ft
Est. Value
Highlights
- Home Theater
- Heated Floors
- Property is near a park
- Lincoln Elementary School Rated A
- Landscaped Professionally
- 4-minute walk to Keystone Park East
About This Home
As of May 2024Welcome to 554 Forest Avenue, a truly exquisite residence exuding timeless elegance and luxury. This stunning home offers 5 bedrooms, 5.5 bathrooms, and boasts an expansive 5932 square feet of living space on a generous lot of 10741 square feet. Upon entering, you are greeted by a grand foyer that leads to the sophisticated living areas adorned with impeccable hardwood floors, 10' ceilings, custom millwork and an abundance of natural light. The chef's kitchen is a culinary masterpiece, featuring top-of-the-line Sub Zero, Wolf, and Thermador appliances, double ovens, a range hood, paneled dishwasher, fridge and freezer and an 8' island. The adjacent butlers pantry and oversized family room with a fireplace create an inviting ambiance for entertaining guests. The primary bedroom suite is a sanctuary of indulgence with multiple closets, and a spa-like ensuite bathroom featuring heated floors, Kohler bluetooth amplifier with waterproof speakers, a steam shower, and a separate helix tub for ultimate comfort. Each additional bedroom is thoughtfully designed with custom cabinetry and accompanied by its own private or adjacent bathroom, ensuring every resident's comfort and privacy. The second floor laundry room features 2 sets and washer and dryers, a sink and plenty of storage. An extra deep pour full basement offers additional space for recreation and entertaining, with a full bar and secondary kitchen area, wine cellar, game room and theater room. The spacious mudroom and catch all closet off the side door are easily closed off while providing the needed space. This home also has a whole house generator providing peace of mind during any power outages. The outdoor space is equally impressive, with a beautiful paver patio and porch, built in grill, the perfect setting for al fresco dining or relaxing amidst the lush surroundings. Down the street you have Keystone park, and you are minutes from grocery stores, downtown Oak Park, Metra, restaurants and dining!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,356
Year Built
- Built in 2018
Lot Details
- 10,742 Sq Ft Lot
- Lot Dimensions are 60 x 177
- Fenced Yard
- Landscaped Professionally
- Paved or Partially Paved Lot
- Sprinkler System
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Asphalt Roof
- Radon Mitigation System
- Concrete Perimeter Foundation
Interior Spaces
- 5,932 Sq Ft Home
- 3-Story Property
- Wet Bar
- Built-In Features
- Bar Fridge
- Coffered Ceiling
- Vaulted Ceiling
- Heatilator
- Gas Log Fireplace
- Blinds
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Home Theater
- Home Office
- Recreation Room
- Home Gym
Kitchen
- Double Oven
- Range Hood
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Heated Floors
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Steam Shower
- Shower Body Spray
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Fireplace in Basement
- Finished Basement Bathroom
Home Security
- Storm Screens
- Fire Sprinkler System
Outdoor Features
- Fire Pit
- Outdoor Grill
- Brick Porch or Patio
Location
- Property is near a park
Schools
- Lincoln Elementary School
- Roosevelt Middle School
- Oak Park & River Forest High Sch
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Power Generator
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2024
Closed on
May 13, 2024
Sold by
Tatebe Family Trust and Tatebe Ken
Bought by
Robyn M Vizzone Living Trust and Vizzone
Seller's Agent
Katie Barreto
Compass
Buyer's Agent
Victoria Krause Schutte
@properties
List Price
$1,999,900
Sold Price
$2,079,000
Premium/Discount to List
$79,100
3.96%
Views
238
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,820
Avg. Annual Appreciation
4.97%
Purchase Details
Listed on
Sep 19, 2018
Closed on
Feb 28, 2019
Sold by
Mcgovern Builders Inc
Bought by
Tatebe Ken and Tatebe Leah C
Seller's Agent
Edward Hall
Baird & Warner
Buyer's Agent
Katie Barreto
Compass
List Price
$1,950,000
Sold Price
$1,650,000
Premium/Discount to List
-$300,000
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$1,320,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2017
Sold by
Schmidt James H and Schmidt Mara R
Bought by
Mcgovern Bulders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,170,000
Interest Rate
3.97%
Mortgage Type
Construction
Purchase Details
Closed on
May 14, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Schmidt James H and Schmidt Mara R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.12%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robyn M Vizzone Living Trust | $2,079,000 | None Listed On Document | |
| Tatebe Ken | $1,650,000 | None Available | |
| Mcgovern Bulders Inc | $520,000 | Chicago Title Insurance | |
| Schmidt James H | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tatebe Ken | $1,320,000 | |
| Previous Owner | Mcgovern Bulders Inc | $2,170,000 | |
| Previous Owner | Schmidt James H | $178,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/14/2024 05/14/24 | Sold | $2,079,000 | +4.0% | $350 / Sq Ft | |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- | |
| 04/24/2024 04/24/24 | For Sale | $1,999,900 | +21.2% | $337 / Sq Ft | |
| 03/04/2019 03/04/19 | Sold | $1,650,000 | -2.9% | $278 / Sq Ft | View Prior Sale |
| 01/02/2019 01/02/19 | Pending | -- | -- | -- | |
| 12/28/2018 12/28/18 | Price Changed | $1,699,000 | -12.9% | $286 / Sq Ft | |
| 09/19/2018 09/19/18 | For Sale | $1,950,000 | -- | $329 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $45,358 | $150,548 | $13,962 | $136,586 |
| 2023 | $44,357 | $169,000 | $13,962 | $155,038 |
| 2022 | $44,357 | $140,783 | $12,083 | $128,700 |
| 2021 | $42,746 | $140,781 | $12,082 | $128,699 |
| 2020 | $41,836 | $140,781 | $12,082 | $128,699 |
| 2019 | $44,193 | $142,358 | $11,008 | $131,350 |
| 2018 | $15,994 | $54,422 | $11,008 | $43,414 |
| 2017 | $14,948 | $54,422 | $11,008 | $43,414 |
| 2016 | $12,360 | $40,918 | $9,129 | $31,789 |
| 2015 | $12,102 | $40,918 | $9,129 | $31,789 |
| 2014 | $11,988 | $43,982 | $9,129 | $34,853 |
| 2013 | $12,283 | $46,162 | $9,129 | $37,033 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Barreto
-
Victoria Krause Schutte
Buyer's Agent in 2024
Victoria Krause Schutte
@properties
(708) 214-8108
8 in this area
110 Total Sales
-
Edward Hall
Seller's Agent in 2019
Edward Hall
Baird Warner
(630) 205-4700
234 Total Sales
-
Shea Kiessling
Seller Co-Listing Agent in 2019
Shea Kiessling
Berkshire Hathaway HomeServices Chicago
(708) 710-5952
7 in this area
40 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12037276
APN: 15-12-107-039-0000
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