NOT LISTED FOR SALE

714 Park Ave River Forest, IL 60305

Estimated Value: $862,135 - $1,005,000

4 Beds
2.5 Baths
2,680 Sq Ft
$344/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $690,000 $257 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,407/month

24 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Lincoln Elementary School Rated A
  • Recreation Room
  • Breakfast Room

About This Home

As of June 2023

This classic, traditional, brick center entrance colonial is located on a great block, with a large inviting front porch. It features four bedrooms, two and one half baths and hardwood floors throughout.There are all newer systems including a state of the art heating system, zoned air conditioning, a flood control system, a re-lined fireplace chimney and newer roof. This home has been meticulously maintained. The expansive living room has a beamed ceiling, fireplace and great natural lighting. There is a separate formal dining room and a large kitchen with new stone counters. The kitchen opens to a cozy breakfast room. The family room has new doors which open to the deck and back yard. The lush yard is fully fenced with mature trees and a three car garage. The basement includes a recreation room, half bath, laundry room & office. This is a great family home on a beautiful block.

Last Agent to Sell the Property

Tony & Kathy Iwersen

@properties Christie's International Real Estate License #471005402 Listed on: 04/10/2023

@properties   Christie's International Real Estate

Co-Listed By

Kathy Iwersen

@properties Christie's International Real Estate License #475135543

Last Buyer's Agent

Steve Scheuring

Baird & Warner License #475135445

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,266

Year Built

  • Built in 1922

Lot Details

  • 9,100 Sq Ft Lot
  • Lot Dimensions are 50 x 180

Parking

  • 3 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Aluminum Window Frames
  • Window Screens
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Basement

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

Outdoor Features

  • Deck

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Community Details

  • Colonial

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,266

Year Built

Built in 1922

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Cooktop, Oven, Range Hood
  • Basement: Partially Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood
  • LivingArea: 2680
  • Room Type: Breakfast Room, Recreation Room
  • Window Features: Aluminum Frames, Screens
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Concrete, Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Zoned
  • Laundry Features: Laundry Chute
  • 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: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2089
  • Lot Dimensions: 50 X 180
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 17266
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jun 12, 2023
Sold by
Gilbert Eric P and Gilbert Laurie B
Bought by
Heerema Luke Aaron and Favor Jenny Marie
Seller's Agent
Tony & Kathy Iwersen
@properties Christie's International Real Estate
Buyer's Agent
Steve Scheuring
Baird & Warner
List Price
$745,000
Sold Price
$690,000
Premium/Discount to List
-$55,000
-7.38%
Views
50
Current Estimated Value
$921,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,034
Avg. Annual Appreciation
12.35%
Original Mortgage
$655,500
Outstanding Balance
$639,808
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$281,226

Purchase Details

Closed on
Sep 11, 1998
Sold by
Granfield Michael B and Granfield Patricia L
Bought by
Gilbert Eric P and Gilbert Laurie B

Purchase Details

Closed on
Sep 23, 1997
Sold by
Santiago Manuel D and Santiago Annarita
Bought by
Granfield Michael B and Granfield Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,300
Interest Rate
7.63%
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
Heerema Luke Aaron $690,000 Proper Title
Gilbert Eric P $407,000 Law Title Insurance Co Inc
Granfield Michael B $271,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heerema Luke Aaron $655,500
Previous Owner Granfield Michael B $366,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $690,000 -4.2% $257 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $720,000 -3.4% $269 / Sq Ft
04/10/2023 04/10/23 For Sale $745,000 -- $278 / 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 $18,803 $72,000 $11,830 $60,170
2023 $17,900 $72,000 $11,830 $60,170
2022 $17,900 $58,854 $10,238 $48,616
2021 $17,267 $58,852 $10,237 $48,615
2020 $16,941 $58,852 $10,237 $48,615
2019 $19,470 $66,149 $9,327 $56,822
2018 $18,431 $66,149 $9,327 $56,822
2017 $18,382 $66,149 $9,327 $56,822
2016 $19,161 $62,061 $7,735 $54,326
2015 $18,784 $62,061 $7,735 $54,326
2014 $17,222 $62,061 $7,735 $54,326
2013 $17,128 $63,332 $7,735 $55,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11755208

Midwest Real Estate Data (MRED)

APN: 15-12-102-028-0000