NOT LISTED FOR SALE

718 Lathrop Ave River Forest, IL 60305

Estimated Value: $1,531,000 - $1,909,000

6 Beds
5.5 Baths
5,160 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $1,460,000 $283 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,947/month

104 Days on Market

Highlights

  • Fireplace in Bedroom
  • Recreation Room
  • Victorian Architecture
  • Roosevelt Middle School Rated A
  • Wood Flooring
  • 2-minute walk to Centennial Park

About This Home

As of October 2023

This truly is a one-of-a-kind beauty! Stunning Victorian with 5200 square feet of classic features. The perfect blend of architectural detail from the last century modernized for the next one. Everything you want: open kitchen with all high-end appliances, a big island counter that opens to a huge family room on one side and the breakfast dining room that overlooks the expansive deck and yard. The first floor also offers a formal living and dining room, an office with fireplace and a screened-in porch The second floor offers a library with a beautiful vaulted ceiling and one of the five fireplaces; luxury primary suite with bath and spa-like features, 3 additional bedrooms, two additional bathrooms and a laundry area The third floor has two bedrooms, sitting room and full bath. Get away to the lower level for a movie in the rec room or workout in the exercise room with of course another full bath. This house will not disappoint!

Last Agent to Sell the Property

Andrew Gagliardo

Compass License #471001960 Listed on: 05/30/2023

Compass

Last Buyer's Agent

Maria Cullerton

Compass License #475163053

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,108

Year Built

  • Built in 1894

Lot Details

  • Lot Dimensions are 75 x 158

Parking

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

Home Design

  • Victorian Architecture
  • Frame Construction

Interior Spaces

  • 5,160 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Bookcases
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Workshop
  • Screened Porch
  • Home Gym
  • Wood Flooring

Kitchen

  • Built-In Double Oven
  • Indoor Grill
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,108

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1894
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Indoor Grill, Built-In Oven
  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter, More than one
  • Fireplaces: 5
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Walk-In Closet(s), Bookcases, Granite Counters, Workshop Area (Interior)
  • LivingArea: 5160
  • Other Equipment: Central Vacuum, Sump Pump
  • Room Type: Bedroom 5, Bedroom 6, Office, Library, Breakfast Room, Screened Porch, Recreation Room, Exercise Room, Sitting Room, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Full Body Spray Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Other,Bedroom,Den/Library
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Side Drive
  • 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, Zoned
  • Heating: Natural Gas, Forced Air, Steam, Baseboard
  • 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

  • Lot Dimensions: 75 X 158
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 37108
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Oct 25, 2023
Sold by
Macy Lawrence G and Macy Rebecca
Bought by
Lu Marvin and Manring Teresa
Seller's Agent
Andrew Gagliardo
Compass
Buyer's Agent
Maria Cullerton
Compass
List Price
$1,750,000
Sold Price
$1,460,000
Premium/Discount to List
-$290,000
-16.57%
Views
589
Current Estimated Value
$1,733,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,590
Avg. Annual Appreciation
7.97%
Original Mortgage
$1,000,000
Outstanding Balance
$972,433
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$761,157

Purchase Details

Closed on
Mar 23, 2000
Sold by
Espisot Michael J
Bought by
Morelli Louis and Morelli Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
8.39%

Purchase Details

Closed on
Nov 5, 1999
Sold by
Esposito Ellen M
Bought by
Esposito Michael J
Source: Public Records
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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
Lu Marvin $1,460,000 None Listed On Document
Morelli Louis $250,000 --
Esposito Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Marvin $1,000,000
Previous Owner Morelli Louis $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $1,460,000 0.0% $283 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/22/2023 08/22/23 Off Market $1,460,000 -- --
08/03/2023 08/03/23 Price Changed $1,649,000 -2.9% $320 / Sq Ft
06/15/2023 06/15/23 Price Changed $1,699,000 -2.9% $329 / Sq Ft
05/30/2023 05/30/23 For Sale $1,750,000 -- $339 / 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
2025 $35,229 $132,000 $15,405 $116,595
2024 $35,229 $132,000 $15,405 $116,595
2023 $38,503 $132,000 $15,405 $116,595
2022 $38,503 $122,654 $13,331 $109,323
2021 $37,108 $122,653 $13,331 $109,322
2020 $36,328 $122,653 $13,331 $109,322
2019 $34,946 $116,000 $12,146 $103,854
2018 $33,081 $116,000 $12,146 $103,854
2017 $36,172 $126,899 $12,146 $114,753
2016 $32,075 $102,204 $10,072 $92,132
2015 $31,471 $102,204 $10,072 $92,132
2014 $28,843 $102,204 $10,072 $92,132
2013 $28,763 $104,568 $10,072 $94,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11794429

Midwest Real Estate Data (MRED)

APN: 15-12-105-029-0000