NOT LISTED FOR SALE

616 Iowa St Oak Park, IL 60302

Estimated Value: $871,000 - $959,563

3 Beds
3 Baths
2,459 Sq Ft
$366/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $615,000 $250 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,761/month

26 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Detached Garage
  • Horace Mann Elementary School Rated A
  • Breakfast Room
  • Butlers Pantry

About This Home

As of August 2019

SUCCESSFUL TAX APPEAL SHOULD REDUCE 2019 TAXES TO $18,701. SEE LETTER UNDER "ADDITIONAL INFORMATION" TAB...A GATED PRIVATE DRIVEWAY LEADS TO THIS COMPLETELY RESTORED HOME. IT'S IN PERFECT CONDITION AND IN A GORGEOUS NEIGHBORHOOD! 32 MATCHING ART GLASS WINDOWS AND UNIQUE ARCHITECTURE MAKE THIS HOME ONE OF THE MOST BEAUTIFUL IN OAK PARK! ALL NEW ELECTRIC/WIRING, ALL NEW PLUMBING AND 1 1/2 INCH WATER LINE TO THE STREET, ALL NEW ZONED HEAT AND CENTRAL AIR. NEW CHERRY AND GRANITE KITCHEN IS OPEN TO THE FAMILY ROOM AND BREAKFAST ROOM AREA. BEAUTIFUL OAK FLOORS AND ORIGINAL WOODWORK, TILE ROOF, GAS FIREPLACE, ALL NEW BATHS. FULLY INSULATED ATTIC AND FULLY WATERPROOFED BASEMENT. LARGE BACK YARD WITH PATIO. WALK TO SCHOOLS, THE FARMERS' MARKET, AND PARKS.

Last Agent to Sell the Property

Margaret McSheehy

Historic Homes Realty License #471005355 Listed on: 06/02/2019

Last Buyer's Agent

Jennifer Schreiber

Baird & Warner License #475170744

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,717

Year Built | Renovated

  • 1914 | 2014

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Side Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • Gas Log Fireplace
  • Entrance Foyer
  • Breakfast Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Butlers Pantry
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Irregular Lot
  • The property is located in a historic district

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,717

Year Built | Renovated

1914 | 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2014
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1914
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1914
  • Year Renovated: 2014

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Equipment: Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level
  • Kitchen Type: Pantry-Butler
  • Additional Rooms: Breakfast Room, Foyer
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 13X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 20X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Breakfast Rm, Dimensions: 12X08, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 21X09, On Level: 2nd Level, Flooring: Hardwood
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X16, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Tile
  • Exterior Property Features: Patio
  • Acreage: 0.163

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Side Drive
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 2459

Schools

  • School District: 200
  • Elementary School: Horace Mann Elementary School
  • Middle School: Percy Julian Middle School
  • High School: Oak Park & River Forest High Sch
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 50X135
  • Lot Description: Irregular
  • Parcel Identification Number: 16064150170000

Tax Info

  • Taxes: 24069.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Jul 29, 2019
Sold by
Kopel Benjamin C and Kopel Nicole M
Bought by
Gutierrez Muriel and Mccue Leonard Thomas
Seller's Agent
Margaret McSheehy
Historic Homes Realty
Buyer's Agent
Jennifer Schreiber
Baird & Warner
List Price
$624,900
Sold Price
$615,000
Premium/Discount to List
-$9,900
-1.58%
Current Estimated Value
$900,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,391
Avg. Annual Appreciation
5.62%
Original Mortgage
$492,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2015
Closed on
Oct 29, 2015
Sold by
Bauman Dennis M and Bauman Carol J
Bought by
Kopel Benjamin C and Kopel Nicole M
Seller's Agent
Margaret McSheehy
Historic Homes Realty
Buyer's Agent
Jill Hare
Jameson Sotheby's Intl Realty
List Price
$759,000
Sold Price
$710,000
Premium/Discount to List
-$49,000
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.81%
Original Mortgage
$532,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Bednar Marilyn A
Bought by
Bauman Dennis M and Bauman Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2002
Sold by
Bednar Marilyn A and Bednar Charles J
Bought by
Bednar Marilyn A and Marilyn A Bednar Trust

Purchase Details

Closed on
Nov 21, 2001
Sold by
Taglia James
Bought by
Bednar Charles J and Bednar Marilyn A
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
Gutierrez Muriel $615,000 Attorney
Kopel Benjamin C $710,000 Chicago Title
Bauman Dennis M $405,000 Baird & Warner Title Service
Bednar Marilyn A -- --
Bednar Charles J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Muriel $474,000
Closed Gutierrez Muriel $492,000
Previous Owner Kopel Benjamin C $417,000
Previous Owner Kopel Benjamin C $532,500
Previous Owner Bauman Dennis M $75,000
Previous Owner Bauman Dennis M $292,800
Previous Owner Bauman Dennis M $297,400
Previous Owner Bauman Dennis M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $615,000 -1.6% $250 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/02/2019 06/02/19 For Sale $624,900 -12.0% $254 / Sq Ft
11/27/2015 11/27/15 Sold $710,000 +1.6% $289 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
09/14/2015 09/14/15 Price Changed $699,000 -5.4% $284 / Sq Ft
08/30/2015 08/30/15 Price Changed $739,000 -2.6% $301 / Sq Ft
08/13/2015 08/13/15 For Sale $759,000 -- $309 / 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 $22,717 $69,374 $9,940 $59,434
2023 $22,303 $73,000 $9,940 $63,060
2022 $22,303 $61,500 $7,455 $54,045
2021 $21,767 $61,500 $7,455 $54,045
2020 $22,451 $61,500 $7,455 $54,045
2019 $18,839 $52,532 $6,745 $45,787
2018 $24,586 $70,015 $6,745 $63,270
2017 $24,069 $70,015 $6,745 $63,270
2016 $15,296 $40,500 $5,680 $34,820
2015 $13,659 $40,500 $5,680 $34,820
2014 $12,096 $40,500 $5,680 $34,820
2013 $13,180 $40,500 $5,680 $34,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10401190

Midwest Real Estate Data (MRED)

APN: 16-06-415-017-0000