NOT LISTED FOR SALE

7223 Oak Ave River Forest, IL 60305

Estimated Value: $964,000 - $1,290,000

5 Beds
4 Baths
3,107 Sq Ft
$349/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $826,000 $266 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,476/month

10 Days on Market

Highlights

  • Deck
  • Double Shower
  • Victorian Architecture
  • Roosevelt Middle School Rated A
  • Wood Flooring
  • 5-minute walk to Cummings Square

About This Home

As of June 2014

Victorian house in the River Forest Lincoln District, walk to shops and Metra/Green Line. Recent gut rehab with all new bathrooms, kitchen, electrical, plumbing and HVAC. Cherry cabinets, stainless appls, granite. Large master bedroom with a walk-in closet and a master bathroom with upscale shower and Jacuzzi bathtub, upstairs laundry. Hardwood floors. Full bath in bsmt guest suite, with bathtub and shower.

Last Agent to Sell the Property

Scott Berg

Berg Properties License #475110440 Listed on: 04/12/2014

Last Buyer's Agent

Daniel Halperin

@properties Christie's International Real Estate License #475106485

@properties   Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,969

Year Built

  • 1906

Lot Details

  • Fenced Yard

Parking

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

Home Design

  • Victorian Architecture
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,969

Year Built

1906

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Victorian
  • Type Detached: 3 Stories
  • Estimated Year Built: 1906
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 14X27, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Compactor-Trash, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan, Radon Mitigation System(s)
  • Fireplace Details: Wood Burning
  • Attic: Finished, Full
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Full Body Spray Shower, Double Shower, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 4X8, On Level: 2nd Level
  • Dining Room: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Eating Area
  • Master Bedroom: Dimensions: 16X16, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 10X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: 5th Bdrm, Dimensions: 14X14, On Level: 3rd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X15, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3107
  • Dining Room Type: Separate
  • Family Room: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Exterior Property Features: Deck, Porch
  • Acreage: 0.24

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage, Space/s
  • Parking Details: Off Alley
  • Number Parking Spaces: 1
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

  • School District: 200
  • Elementary School: LINCOLN ELEMENTARY SCHOOL
  • Middle School: ROOSEVELT SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: 50X206
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 15122110050000

Tax Info

  • Taxes: 15969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2014
Closed on
Jun 19, 2014
Sold by
Powell Steven Brian and Galban Maria Victoria Silveira
Bought by
Chien Peter and Rath Stephanie S
Seller's Agent
Scott Berg
Berg Properties
Buyer's Agent
Daniel Halperin
@properties Christie's International Real Estate
List Price
$825,000
Sold Price
$826,000
Premium/Discount to List
$1,000
0.12%
Current Estimated Value
$1,084,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,112
Avg. Annual Appreciation
2.62%
Original Mortgage
$578,200
Outstanding Balance
$446,303
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$656,517

Purchase Details

Closed on
Oct 11, 2007
Sold by
Javaras Paul B and Javaras Barbara K
Bought by
Powell Steven Brian and Galban Maria Victoria Silveira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.49%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Chien Peter $826,000 Atgf Inc
Powell Steven Brian $587,500 Cst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chien Peter $300,000
Closed Chein Peter I $211,000
Open Chien Peter $578,200
Previous Owner Powell Steven Brian $402,000
Previous Owner Powell Steven Brian $200,000
Previous Owner Powell Steven Brian $417,000
Previous Owner Javaras Raul B $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $826,000 +0.1% $266 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/12/2014 04/12/14 For Sale $825,000 -- $266 / 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 $18,969 $72,607 $13,390 $59,217
2023 $17,389 $80,606 $13,390 $67,216
2022 $17,389 $57,270 $11,588 $45,682
2021 $18,326 $62,259 $11,587 $50,672
2020 $17,976 $62,259 $11,587 $50,672
2019 $17,963 $61,292 $10,557 $50,735
2018 $17,737 $63,790 $10,557 $53,233
2017 $21,465 $76,678 $10,557 $66,121
2016 $20,540 $66,347 $8,755 $57,592
2015 $20,968 $66,347 $8,755 $57,592
2014 $18,463 $66,347 $8,755 $57,592
2013 $15,674 $58,179 $8,755 $49,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08583769

Midwest Real Estate Data (MRED)

APN: 15-12-211-005-0000