NOT LISTED FOR SALE

738 Forest Ave Oak Park, IL 60302

Estimated Value: $720,000 - $805,000

4 Beds
3 Baths
2,069 Sq Ft
$364/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $500,000 $242 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,852/month

21 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Home Gym
  • Horace Mann Elementary School Rated A
  • Recreation Room
  • 4-minute walk to Field Park

About This Home

As of February 2020

Fantastic home with plenty of room to grow! Live large in this 4 true bedrooms plus den, 2.5 baths shared over 3 finished levels of living all on a massive landscaped 50x173 lot. Did I mention this property is located in the Frank Lloyd Wright Historic District and walking distance to Downtown Oak Park? Many great features here! Inviting foyer, large living room with multiple seating areas, formal dining room overlooking the rear deck and landscaped backyard, spacious eat-in kitchen with tons of cabinet storage and counter space, Butler's pantry, 1st floor den & newer powder room. The 2nd floor features 4 bedrooms, master bedroom with cathedral ceiling & 2nd bedroom with timber ceiling! Entertain in the full walkout lower level rec room with wet bar, wood burning fireplace, full bath & laundry room. NEW HARDWOOD FLOORS, ALL NEW CARPETING ON 2ND FLOOR & NEW H2O HEATER. SELLERS ARE DOWNSIZING SO MAKE AN OFFER. Agent related to seller

Last Agent to Sell the Property

Linton Murphy

Baird & Warner License #475151716 Listed on: 12/10/2019

Baird & Warner

Last Buyer's Agent

Joseph Mullane

Shout Out Realty License #471021516

Home Details

Home Type

  • Single Family

Year Built

  • 1903

Lot Details

  • 8,276

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Cedar

Interior Spaces

  • Breakfast Room
  • Den
  • Recreation Room
  • Home Gym

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Deck
  • The property is located in a historic district

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1903

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1903
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1903

Interior Features

  • Number Of Rooms: 11
  • Living Room: Dimensions: 26X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Range Hood
  • Fireplace Location: Family Room
  • Basement: Walkout
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X11, On Level: Lower, Flooring: Other
  • Dining Room: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Breakfast Room, Den, Deck, Exercise Room, Pantry, Recreation Room
  • Master Bedroom: Dimensions: 19X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 2 Name: Den, Dimensions: 11X7, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Recreation Rm, Dimensions: 18X15, On Level: Lower, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: Exercise Rm, Dimensions: 30X9, On Level: Lower, Flooring: Carpet
  • Bedroom 4: Dimensions: 9X7, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 5 Name: Pantry, Dimensions: 7X6, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Deck, Dimensions: 12X9, On Level: Main Level
  • Estimated Sq Ft: 2069

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Acreage: 0.1986

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 200
  • Elementary School: Horace Mann Elementary School
  • High School: Oak Park & River Forest High Sch
  • Junior High Dist: 97
  • Elementary School #2: Percy Julian Middle School

Lot Info

  • Lot Dimensions: 50X173
  • Parcel Identification Number: 16063100030000

Tax Info

  • Taxes: 15907.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Feb 6, 2020
Sold by
Murphy Sharon M and Harris Rodney S
Bought by
Klein Eric and Klein Anja
Seller's Agent
Linton Murphy
Baird & Warner
Buyer's Agent
Joseph Mullane
Shout Out Realty
List Price
$510,000
Sold Price
$500,000
Premium/Discount to List
-$10,000
-1.96%
Current Estimated Value
$749,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,494
Avg. Annual Appreciation
7.97%
Original Mortgage
$400,000
Interest Rate
3.25%
Mortgage Type
VA

Purchase Details

Closed on
Oct 27, 2005
Sold by
Nichols William D and Nichols Jacqueline J
Bought by
Harris Rodney S and Murphy Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,400
Interest Rate
7.29%
Mortgage Type
Unknown
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
Klein Eric $500,000 Prairie Title
Harris Rodney S $588,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein Eric $380,000
Closed Klein Eric $400,000
Previous Owner Harris Rodney S $408,500
Previous Owner Harris Rodney S $417,000
Previous Owner Harris Sharon M $50,000
Previous Owner Harris Rodney S $470,400
Previous Owner Murphy Sharon M $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $500,000 -2.0% $242 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
12/10/2019 12/10/19 For Sale $510,000 -- $246 / 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 -- $62,000 $11,245 $50,755
2023 -- $62,000 $11,245 $50,755
2022 $0 $48,412 $9,731 $38,681
2021 $1,819 $48,411 $9,731 $38,680
2020 $1,819 $48,411 $9,731 $38,680
2019 $16,877 $47,418 $8,866 $38,552
2018 $16,242 $47,418 $8,866 $38,552
2017 $15,907 $47,418 $8,866 $38,552
2016 $17,070 $44,909 $7,352 $37,557
2015 $15,249 $44,909 $7,352 $37,557
2014 $14,188 $44,909 $7,352 $37,557
2013 $13,680 $44,664 $7,352 $37,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10589868

Midwest Real Estate Data (MRED)

APN: 16-06-310-003-0000