NOT LISTED FOR SALE

577 Homan Ave Park Forest, IL 60466

Estimated Value: $217,517 - $274,000

4 Beds
2 Baths
1,439 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $205,000 $142 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,469/month

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Room
  • Dining Room
  • Living Room
  • Forced Air Heating and Cooling System
  • 3-minute walk to Rail Fan Park

About This Home

As of October 2024

Welcome home to your beautiful 4 bedroom, 2 bathroom home in the heart of Park Forest! Enter the front door and enjoy the living room with an abundance of natural light, inviting you to relax with your morning coffee or enjoy a good book. Beyond the living room is the eating area that leads right into the kitchen complete with ample counter and storage space! Check out the 2 spacious bedrooms and updated bathrooms. Travel downstairs to the full basement with a space plumbed for a 3rd bathroom. Be sure to check out the home's backyard oasis with patio and 2 car garage! This backyard includes a privacy fence and shed. Across the street from the Metra makes transportation easy and convenient! Take the chance to catch the sun rays in your backyard with tons of space to enjoy! Schedule your private showing today!

Last Agent to Sell the Property

Mary Derman

Keller Williams Preferred Rlty License #475157788 Listed on: 09/05/2024

Keller Williams Preferred Rlty

Co-Listed By

Marc Koronkiewicz

Ellsbury Group LLC License #475201919

Last Buyer's Agent

Myrtis Betton

C T K Realty INC. License #475153218

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,243

Year Built

  • Built in 1969

Lot Details

  • 8,407 Sq Ft Lot
  • Lot Dimensions are 118.9x68.6x118.3x69.1

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Split Level Home
  • Tri-Level Property

Interior Spaces

  • 1,439 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Indiana Elementary School
  • O W Huth Middle School
  • Fine Arts And Communications Cam High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,243

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1439
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Indiana Elementary School
  • High School: Fine Arts And Communications Cam
  • Middle/Junior School: O W Huth Middle School

Lot Info

  • Lot Size Acres: 0.193
  • Lot Dimensions: 118.9X68.6X118.3X69.1
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8243.33
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 28, 2024
Sold by
Reynolds Mark and Reynolds Kiona
Bought by
Jacobs Rachel
Seller's Agent
Mary Derman
Keller Williams Preferred Rlty
Buyer's Agent
Myrtis Betton
C T K Realty INC.
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Views
68
Current Estimated Value
$234,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,879
Avg. Annual Appreciation
12.56%
Original Mortgage
$201,286
Outstanding Balance
$199,090
Interest Rate
5.63%
Mortgage Type
FHA
Estimated Equity
$35,789

Purchase Details

Closed on
Jun 23, 2017
Sold by
Buffman Scott Walter E R and Buffman Scott Latoya
Bought by
Reynolds Mark and Reynolds Yvette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,152
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 1, 2014
Closed on
Jul 17, 2014
Sold by
Fannie Mae
Bought by
Scott Walter E R
Seller's Agent
Steve Meeker
Meeker Real Estate Inc
Buyer's Agent
Donna Hanrahan
Meeker Real Estate Inc
List Price
$59,999
Sold Price
$56,000
Premium/Discount to List
-$3,999
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%

Purchase Details

Closed on
Sep 11, 2013
Sold by
Anderson David
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 10, 2006
Sold by
Lester John E and Lester Byron J
Bought by
Anderson David and Anderson Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 2003
Sold by
Greatbanc Trust Co
Bought by
Lester John E and Lester Byron J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobs Rachel $205,000 Chicago Title
Reynolds Mark $102,000 Timios Inc
Scott Walter E R -- First American Title
Federal National Mortgage Association -- None Available
Anderson David $159,000 Git
Lester John E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Rachel $201,286
Previous Owner Reynolds Mark $100,152
Previous Owner Anderson David $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2024 10/28/24 Sold $205,000 +2.6% $142 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $199,900 +257.0% $139 / Sq Ft
07/30/2014 07/30/14 Sold $56,000 -6.7% $39 / Sq Ft View Prior Sale
07/08/2014 07/08/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $59,999 0.0% $42 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $59,999 -- $42 / 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 $8,243 $16,000 $3,360 $12,640
2023 $8,716 $16,000 $3,360 $12,640
2022 $8,716 $11,721 $2,940 $8,781
2021 $8,800 $11,721 $2,940 $8,781
2020 $8,216 $11,721 $2,940 $8,781
2019 $10,630 $11,838 $2,730 $9,108
2018 $10,358 $11,838 $2,730 $9,108
2017 $7,195 $11,838 $2,730 $9,108
2016 $6,489 $10,348 $2,520 $7,828
2015 $8,357 $10,348 $2,520 $7,828
2014 $6,074 $10,348 $2,520 $7,828
2013 $6,316 $11,681 $2,520 $9,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12155821

Midwest Real Estate Data (MRED)

APN: 31-23-434-016-0000