NOT LISTED FOR SALE

615 Thatcher Ave River Forest, IL 60305

Estimated Value: $1,443,000 - $1,533,000

5 Beds
5.5 Baths
4,600 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $1,140,000 $248 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,648/month

26 Days on Market

Highlights

  • Mature Trees
  • Fireplace in Primary Bedroom
  • Recreation Room
  • Lincoln Elementary School Rated A
  • Property is near a park
  • Vaulted Ceiling

About This Home

As of March 2021

Historic American Gothic, exquisitely updated for modern living, on a massive 75x230' River Forest lot! **D90 schools report for in-person/hybrid schedule learning on 1/18/2021.** Four floors with flexible floor plans, multi-level stone patio, covered front porch with western and southern exposures, and a 2-car garage. White kitchen cabinets w/ high-end SS appliances (Sub-Zero, Thermador, Miele), including a 2020 48" Sub Z. Sun-drenched family room w/ gas log fireplace boasts 3 exposures and walks out to patio. First floor bedroom with attached full bath. Exquisite custom mudroom and built-ins throughout. Upstairs en suite primary w/ gas log fireplace and beautiful built-ins. Immaculately appointed 2nd floor laundry! Shared 2nd floor Jack-n-Jill bath, 2 more large bedrooms w/ secret passage access to attic, and another bedroom currently used as an office with built-in desk. Amazing 3rd floor suite lives like a private apartment featuring a study, sitting room, bedroom, and full bath. Partially finished basement with additional full bath and finished rec room could also double as an in-law/au pair suite with private entrance. Down the block from Metra Depot and Keystone Park for tennis, paddle, Little League, RFYS, Thatcher Woods and more! Nicor Gas averages $159 monthly

Last Agent to Sell the Property

Brian Behan

@properties Christie's International Real Estate License #475175921 Listed on: 01/04/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Elizabeth Badrinath

@properties Christie's International Real Estate License #475158203

@properties   Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,195

Year Built

  • Built in 1870 | Remodeled in 2004

Lot Details

  • Lot Dimensions are 75x230
  • Dog Run
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Victorian Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4,600 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room with Study Area
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Sink Near Laundry
  • Gas Dryer Hookup

Partially Finished Basement

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

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park
  • Property is near a forest

Schools

  • Lincoln Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,195

Year Built

Built in 1870 | Remodeled in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse, Victorian
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1870
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2004
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2004

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: Full, English
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 602
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, Second Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Historic/Period Mlwk, Special Millwork, Drapes/Blinds, Granite Counters, Separate Dining Room, Some Insulated Wndws
  • LivingArea: 4600
  • Room Type: Bedroom 5, Office, Study, Recreation Room, Sitting Room, Foyer, Breakfast Room, Mud Room, Walk In Closet
  • Estimated Total Finished Sq Ft: 5202
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 4600
  • Basement Sq Ft: 1422
  • Fireplace Location: Family Room,Master Bedroom
  • Total Sq Ft: 6022
  • Unfinished Basement Sq Ft: 820
  • Upper Level Sq Ft: 2700
  • Attic: Finished,Full,Interior Stair
  • Main Level Sq Ft: 1900
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch, Dog Run
  • Foundation Details: Block
  • List Price: 1175000
  • Lot Features: Forest Preserve Adjacent, Mature Trees, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame,Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Steam, Radiant
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School
  • Middle/Junior School District: 90

Lot Info

  • Lot Dimensions: 75X230
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 29195.38
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 10, 2021
Sold by
Bryan Ricchetti and Ray Ricchetti Roshiuni
Bought by
Lutz Brett M and Lutz Melissa M
Seller's Agent
Brian Behan
@properties Christie's International Real Estate
Buyer's Agent
Elizabeth Badrinath
@properties Christie's International Real Estate
List Price
$1,200,000
Sold Price
$1,140,000
Premium/Discount to List
-$60,000
-5%
Current Estimated Value
$1,496,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,381
Avg. Annual Appreciation
6.65%
Original Mortgage
$912,000
Outstanding Balance
$824,474
Interest Rate
2.52%
Mortgage Type
New Conventional
Estimated Equity
$695,813

Purchase Details

Listed on
Jul 7, 2013
Closed on
Mar 4, 2014
Sold by
Welindt Richard Tage and Welindt Kelly F
Bought by
Ricchetti Bryan and Ricchetti Roshni Ray
Seller's Agent
Tony & Kathy Iwersen
@properties Christie's International Real Estate
Buyer's Agent
Richard Szekely
Redfin Corporation
List Price
$1,299,000
Sold Price
$950,000
Premium/Discount to List
-$349,000
-26.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$760,000
Interest Rate
4.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Lutz Brett M $1,140,000 Attorney
Ricchetti Bryan $950,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Brett M $912,000
Previous Owner Ricchetti Bryan $304,000
Previous Owner Ricchetti Bryan $433,000
Previous Owner Ricchetti Bryan $760,000
Previous Owner Wallndt Richard Tage $600,000
Previous Owner Welindt Richard Tage $200,000
Previous Owner Welindt Richard T $321,000
Previous Owner Welindt Richard T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $1,140,000 -3.0% $248 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $1,175,000 -2.1% $255 / Sq Ft
01/04/2021 01/04/21 For Sale $1,200,000 +26.3% $261 / Sq Ft
04/01/2014 04/01/14 Sold $950,000 -4.9% $352 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
12/31/2013 12/31/13 Price Changed $999,000 -4.8% $370 / Sq Ft
09/23/2013 09/23/13 Price Changed $1,049,000 -90.0% $389 / Sq Ft
09/23/2013 09/23/13 Price Changed $10,490,000 +812.2% $3,885 / Sq Ft
07/31/2013 07/31/13 Price Changed $1,150,000 -11.5% $426 / Sq Ft
07/07/2013 07/07/13 For Sale $1,299,000 -- $481 / 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 $30,114 $103,974 $20,010 $83,964
2023 $25,883 $110,000 $20,010 $89,990
2022 $25,883 $80,155 $17,509 $62,646
2021 $23,891 $80,153 $17,508 $62,645
2020 $23,413 $80,153 $17,508 $62,645
2019 $29,195 $94,046 $15,841 $78,205
2018 $27,639 $94,046 $15,841 $78,205
2017 $27,540 $94,046 $15,841 $78,205
2016 $28,931 $89,934 $13,340 $76,594
2015 $28,422 $89,934 $13,340 $76,594
2014 $25,291 $89,934 $13,340 $76,594
2013 $26,534 $96,671 $13,340 $83,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10956987

Midwest Real Estate Data (MRED)

APN: 15-11-209-005-0000