NOT LISTED FOR SALE

705 S Oak Park Ave Oak Park, IL 60304

Estimated Value: $667,000 - $683,000

4 Beds
2 Baths
2,400 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $575,000 $240 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,014/month

7 Days on Market

Highlights

  • Property is near a park
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Abraham Lincoln Elementary School Rated A-
  • Wood Flooring
  • 1-minute walk to Fox Park

About This Home

As of December 2022

Spacious 5 bedroom/2 bath bungalow on a large lot! A great home for entertaining. Step into the enclosed front porch where you can sit and watch the world go by...then enter the generous double-parlour living room (uniquely the width of the home) with 4 art glass windows and a fireplace flanked by gorgeous tile (and new chimney!). The separate dining room also boasts a huge art glass window and coffered ceiling. The newer kitchen (2018) features quartz countertops, white soft-close cabinets, farm sink, new garbage disposal, all new appliances and new windows with two exposures. A huge walk-in pantry provides loads of convenient storage. Tuck your shoes and backpacks in the roomy mudroom ath the back of the home before you enter your living space from the garage/back yard. First floor bedroom and full bath is great for guest room or office. The full bath on the first floor (2018) has marble wall tile, quartz countertops, slate floor, and refinished original tub is stunning. First floor bedroom has a surprisingly deep closet. Upstairs are 3 more bedrooms all with new windows. The primary bedroom has high ceilings with 3 skylights and a huge closet/storage area. The other two bedrooms are generous- one with 2 skylights and the other with a walk-in closet. There is a nicely sized hall closet that may work well for a space pac AC system plus a common bath on this floor. The basement family room is perfect for a large sectional, toys, and/or workout equipment with a high ceiling. Brand new carpeting in recreation room and stairs in the basement (2022). You will also find the fifth bedroom or office in the basement and a space that has been roughed-in for a third full bath. This home has a newer tear-off roof (2015) and the entire exterior was repainted in 2019. Enjoy your extra wide and deep backyard complete with paver patio (2021), new sod, river rock dogrun, and a lovely apple tree. Newer 2.5 extra deep car garage (2012) and a parking pad for 2 more cars. All of this close to parks, blue line, schools, Arts District and South Oak Park Avenue shops and restaurants like Sen Sushi and Addis Cafe. This home is in Lincoln School area which has a unique dual language program and Fox Park is just across the street!

Last Agent to Sell the Property

Erica Cuneen

Beyond Properties Realty Group License #471004571 Listed on: 10/24/2022

Last Buyer's Agent

George Cain

Compass License #475151246

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,678

Year Built

  • Built in 1908

Lot Details

  • Lot Dimensions are 50 x 125
  • Kennel or Dog Run
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Off Alley Parking
  • Parking Space is Owned

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Abraham Lincoln Elementary Schoo
  • Gwendolyn Brooks Middle School
  • Oak Park & River Forest High Sch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,678

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2400
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Bedroom 5, Sitting Room, Mud Room, Pantry, Enclosed Porch, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1772
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Porch, Brick Paver Patio, Other
  • List Price: 549000
  • Lot Features: Fenced Yard
  • OtherStructures: Dog Kennel
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Number of Cars: 4.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Abraham Lincoln Elementary Schoo
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Gwendolyn Brooks Middle School
  • Middle/Junior School District: 97

Lot Info

  • Lot Dimensions: 50 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 12677.66
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Dec 7, 2022
Sold by
Boughton Julie
Bought by
Arancibia Mark and Arancibia Tara
Seller's Agent
Erica Cuneen
Beyond Properties Realty Group
Buyer's Agent
George Cain
Compass
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%
Views
40
Current Estimated Value
$677,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,352
Avg. Annual Appreciation
6.50%
Original Mortgage
$540,500
Outstanding Balance
$527,388
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$155,101

Purchase Details

Closed on
Jan 30, 2004
Sold by
Kiefer James J and Kiefer Dinah L
Bought by
Boughton Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 1997
Sold by
Seifried Evelyn M
Bought by
Kiefer James Justin and Kiefer Dinah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.94%
Mortgage Type
VA
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
Arancibia Mark $575,000 None Listed On Document
Boughton Julie $319,000 Ftc
Kiefer James Justin -- Chicago Title Insurance Co
Kiefer James Justin -- Chicago Title Insurance Co
Kiefer James Justin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arancibia Mark $540,500
Previous Owner Boughton Julie $154,000
Previous Owner Boughton Julie $110,000
Previous Owner Boughton Julie $162,000
Previous Owner Boughton Julie $184,000
Previous Owner Kiefer James J $130,402
Previous Owner Kiefer James Justin $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $575,000 +4.7% $240 / Sq Ft
10/24/2022 10/24/22 For Sale $549,000 -- $229 / 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 $15,871 $52,000 $8,750 $43,250
2023 $13,214 $52,000 $8,750 $43,250
2022 $13,214 $37,831 $6,250 $31,581
2021 $12,910 $37,831 $6,250 $31,581
2020 $12,678 $37,831 $6,250 $31,581
2019 $12,447 $35,873 $5,625 $30,248
2018 $15,198 $41,155 $5,625 $35,530
2017 $13,636 $43,829 $5,625 $38,204
2016 $12,806 $34,315 $4,687 $29,628
2015 $11,429 $34,315 $4,687 $29,628
2014 $12,430 $39,662 $4,687 $34,975
2013 $10,313 $34,318 $4,687 $29,631
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11659526

Midwest Real Estate Data (MRED)

APN: 16-18-125-015-0000