NOT LISTED FOR SALE

708 N Lombard Ave Oak Park, IL 60302

Estimated Value: $402,000 - $523,000

3 Beds
2 Baths
1,062 Sq Ft
$461/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $256,000 $241 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,269/month

21 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Detached Garage
  • Whittier Elementary School Rated A
  • Heated Enclosed Porch
  • 4-minute walk to Andersen Center & Park

About This Home

As of June 2019

Price Reduction!! Awesome opportunity to live in an Oak Park Bungalow on a great street. Newer stucco, roof, hot water tank and furnace. Both baths have been partially updated. Plenty of charm with hardwood floors in living room and bedrooms and French doors to the porch, living room and dining room. Add another 1000+ feet to this home by finishing the full attic-inside stairs in place. Plus the full basement with outside access makes this a great buy. New construction in the area. Highly rated schools and walking distance to the grammar school. Large back yard for garden and playing. Freezer and unplugged washer do not stay.

Last Agent to Sell the Property

Susan Zilligen

Exit Strategy Realty License #475112300 Listed on: 04/18/2019

Exit Strategy Realty

Last Buyer's Agent

Patricia McGowan

Baird & Warner License #475133179

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,476

Year Built

  • 1919

Lot Details

  • 4,792

Parking

  • Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Workroom
  • Heated Enclosed Porch
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $8,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,476

Year Built

1919

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1062
  • Unfinished Basement Sq Ft: 800
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1919
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2062
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 23X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Fireplace Details: Wood Burning
  • Attic: Full, Interior Stair
  • Fireplace Location: Living Room
  • Basement: Partially Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 16X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Workroom, Foyer, Enclosed Porch Heated
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Work Rm, Dimensions: 14X10, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 3 Name: Foyer, Dimensions: 9X5, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Bedroom 3: Dimensions: 14X11, On Level: Basement, Flooring: Other, Windows: Curtains/Drapes
  • Additional Room 4 Name: Enclosed Porch Heated, Dimensions: 8X23, On Level: Main Level, Flooring: Other, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1062
  • Estimated Total Finished Sq Ft: 1262
  • Basement Sq Ft: 1000
  • Basement Finished Sq Ft: 200
  • Main Level Sq Ft: 1062
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Stucco
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.1157

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 200
  • Elementary School: Whittier Elementary School
  • Middle School: Gwendolyn Brooks Middle School
  • High School: Oak Park & River Forest High Sch
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 30X120
  • Parcel Identification Number: 16053110130000

Tax Info

  • Taxes: 8506.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Schaefer Michael and Schaefer Julie
Bought by
Rich Meredith and Bolin Eric James
Current Estimated Value
$489,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,400
Outstanding Balance
$417,590
Interest Rate
6.45%
Mortgage Type
New Conventional
Estimated Equity
$72,176

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jun 14, 2019
Sold by
Livi Cairo Elvira
Bought by
Schaefer Michael and Lealiou Julie
Seller's Agent
Susan Zilligen
Exit Strategy Realty
Buyer's Agent
Patricia McGowan
Baird & Warner
List Price
$269,900
Sold Price
$256,000
Premium/Discount to List
-$13,900
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$247,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Livi Cairo Orlando J and Orlando J Cairo Revocable Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rich Meredith $452,000 None Listed On Document
Schaefer Michael $255,500 Attorney
Livi Cairo Orlando J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rich Meredith $429,400
Previous Owner Schaefer Michael $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2019 06/17/19 Sold $256,000 -0.6% $241 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/28/2019 04/28/19 Price Changed $257,500 -4.6% $242 / Sq Ft
04/18/2019 04/18/19 For Sale $269,900 -- $254 / 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 $8,476 $26,000 $6,552 $19,448
2023 $10,333 $26,000 $6,552 $19,448
2022 $10,333 $26,910 $5,670 $21,240
2021 $10,070 $26,910 $5,670 $21,240
2020 $9,824 $26,910 $5,670 $21,240
2019 $9,015 $26,926 $5,166 $21,760
2018 $8,421 $26,926 $5,166 $21,760
2017 $8,506 $26,926 $5,166 $21,760
2016 $9,764 $24,259 $4,284 $19,975
2015 $6,535 $24,259 $4,284 $19,975
2014 $5,946 $24,259 $4,284 $19,975
2013 $5,912 $23,469 $4,284 $19,185
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10348438

Midwest Real Estate Data (MRED)

APN: 16-05-311-013-0000