NOT LISTED FOR SALE

726 Lyman Ave Oak Park, IL 60304

Estimated Value: $596,000 - $640,000

4 Beds
3 Baths
2,265 Sq Ft
$275/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $518,000 $229 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,558/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • Detached Garage
  • Senior Tax Exemptions
  • Longfellow Elementary School Rated A-

About This Home

As of February 2022

Spacious home in the Arts District with all the expected Oak Park features. Natural wood trim & hardwood throughout the home. The living room has a vented gas fireplace & beautiful built-ins. This lovely living space opens to a large enclosed front porch that has a newly added open window (2019) bringing in more light. The home has 5 art glass windows & a gorgeous built in dining room buffet that stretches an entire wall. The white kitchen has all new appliances (2021), a breakfast bar and eat in area that leads to a newly rebuilt deck (2021). The second floor of the home has 3 bedrooms (one master sized) plus a very sizable, window-filled tandem. This floor's bath is euro styled with a walk-in shower. The 3rd floor is a master suite with another euro-styled bathroom, oversized tub and skylights throughout. The basement recreation room, currently used as a work room, has high ceilings & new lighting (2018)- great area for more family space. There is loads of storage in the basement and the tile flooring is heated as is the tile flooring in the 1st floor 1/2 bath. The backyard has been recently landscaped (2019) and the 2-car garage recently sided as well (2019). Parking pad for 3rd car. Very family-friendly block with multiple block parties. Walk to Arts District restaurants & shops, schools, blue line and easy access to 290.

Last Agent to Sell the Property

Linda Rooney

Berkshire Hathaway HomeServices Chicago License #475162641 Listed on: 12/31/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Jennifer Barnes

@properties Christie's International Real Estate License #475129191

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,016

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Stucco

Interior Spaces

  • Separate Shower
  • 3-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 3 Stories
  • Property Sub Type: 3 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: American 4-Sq.
  • Directions: Harrison east or west to Lyman, north to address.
  • Lot Size: 35 X 126
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Fireplace Features: Electric, Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Dining Room Type: Tandem Room, Sun Room, Recreation Room

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Porch
  • Exterior Building Type: Stucco
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air, Partial, Window/Wall Units - 2
  • Heating: Steam, Baseboard, Radiator(s)
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Longfellow Elementary School
  • High School: Oak Park & River Forest High Sch
  • Junior High Dist: 200
  • Middle Or Junior School: Percy Julian Middle School

Lot Info

  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 13717
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2021
Closed on
Feb 4, 2022
Sold by
Ketchum Billy and Rooney Anna
Bought by
Liss Lauren T and Peddycoart Justin T
Seller's Agent
Linda Rooney
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jennifer Barnes
@properties Christie's International Real Estate
List Price
$499,000
Sold Price
$518,000
Premium/Discount to List
$19,000
3.81%
Current Estimated Value
$622,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,179
Avg. Annual Appreciation
3.56%
Original Mortgage
$414,400
Outstanding Balance
$389,258
Interest Rate
3.75%
Estimated Equity
$197,455

Purchase Details

Closed on
Mar 30, 2018
Sold by
Barry Stephen
Bought by
Ketchum Billy and Rooney Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2017
Sold by
Detombe Pieter P and Tombe Anna Tyberg De
Bought by
Ketchum Billy and Rooney Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1996
Sold by
Faulkner Frank H and Faulkner Linda S
Bought by
Detombe Pieter P and Tyberg Detombe Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
8.29%
Source: Public Records

Range of Values:

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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
Liss Lauren T $518,000 --
Liss Lauren T $518,000 --
Ketchum Billy -- Fidelity National Title
Ketchum Billy $437,500 Prairie Title
Detombe Pieter P $175,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liss Lauren T $414,400
Previous Owner Rooney Anna $283,000
Previous Owner Ketchum Billy $275,000
Previous Owner Ketchum Billy $350,000
Previous Owner Detombe Pieter $324,000
Previous Owner Detombe Pieter $287,400
Previous Owner Detombe Pieter $352,000
Previous Owner Detombe Pieter P $35,000
Previous Owner Detombe Pieter P $10,000
Previous Owner Detombe Pieter P $343,000
Previous Owner Detombe Pieter P $130,000
Previous Owner Detombe Pieter P $50,000
Previous Owner Detombe Pieter P $215,986
Previous Owner Detombe Pieter P $70,000
Previous Owner Detombe Pieter P $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $518,000 +3.8% $229 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $499,000 -- $220 / 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 $14,016 $46,309 $6,174 $40,135
2023 $14,209 $46,309 $6,174 $40,135
2022 $14,209 $44,008 $4,410 $39,598
2021 $13,907 $43,160 $4,410 $38,750
2020 $13,717 $43,160 $4,410 $38,750
2019 $12,129 $37,787 $3,969 $33,818
2018 $13,556 $40,144 $3,969 $36,175
2017 $15,596 $46,555 $3,969 $42,586
2016 $12,981 $34,749 $3,307 $31,442
2015 $11,585 $34,749 $3,307 $31,442
2014 $10,784 $34,749 $3,307 $31,442
2013 $9,699 $32,433 $3,307 $29,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11296164

Midwest Real Estate Data (MRED)

APN: 16-17-122-010-0000