G
Seller's Agent in 2019
Gary Salem
@properties
842 N Elmwood Ave Oak Park, IL 60302
Estimated Value: $448,000 - $921,566
4
Beds
3
Baths
3,000
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- American Four Square Architecture
- Home Gym
- Whittier Elementary School Rated A
- Wood Flooring
- 2-minute walk to Taylor Park
About This Home
As of May 2019Vibrant North Central Oak Park location close to outstanding park and quality schools. This welcoming home has an appealing exterior color scheme and fresh neutral interior decor with big bright rooms, gleaming hardwood floors and excellent flow. Oversized living room features built-in shelving and distinctive fireplace that provides a striking focal point. The custom cook's kitchen offers ample cabinetry, center island and the built-in cooktop awaits your culinary creativity. The kitchen also provides a sweet view of the beautifully landscaped fenced-in back yard with giant paver patio and lots of space for kids or adult play area. The spacious dining room can easily host that large family gathering. Plenty of closets and storage throughout. Brand new 2 car garage and additional parking space for guests. Near Taylor Park, CTA, METRA transit. This home is ready for you to enjoy.1 year in-depth home warranty to be provided by seller. Illinois licensed agent owned property.
Last Agent to Sell the Property
Gary Salem
@properties Listed on: 01/14/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,457
Year Built
- 1920
Lot Details
- 8,538
Parking
- Detached Garage
- Parking Available
- Garage Transmitter
- Garage Door Opener
- Off Alley Parking
- Parking Included in Price
- Garage Is Owned
Home Design
- American Four Square Architecture
- Block Foundation
- Slab Foundation
- Asphalt Shingled Roof
- Stucco Exterior
Interior Spaces
- Dry Bar
- Wood Burning Fireplace
- Entrance Foyer
- Lower Floor Utility Room
- Storage Room
- Home Gym
- Wood Flooring
- Partially Finished Basement
- Finished Basement Bathroom
- Storm Screens
Kitchen
- Walk-In Pantry
- Oven or Range
- Cooktop with Range Hood
- Microwave
- Dishwasher
- Kitchen Island
Laundry
- Dryer
- Washer
Location
- Property is near a bus stop
- The property is located in a historic district
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Radiator
- Hot Water Heating System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Enclosed Patio or Porch
- East or West Exposure
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
- $2,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2019
Closed on
May 13, 2019
Sold by
Trust Number 8002355339
Bought by
Brandt Ryan and Garoza Stephanie N
Seller's Agent
Gary Salem
@properties
Buyer's Agent
Scott Berg
Berg Properties
List Price
$575,000
Sold Price
$527,000
Premium/Discount to List
-$48,000
-8.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,646
Avg. Annual Appreciation
6.08%
Original Mortgage
$474,300
Outstanding Balance
$419,660
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$342,564
Purchase Details
Closed on
Jul 8, 2010
Sold by
Salem Gary E and Boylan Victoria A
Bought by
Chicago Title Land Trust Company and Trust #8002355339
Purchase Details
Closed on
May 18, 1998
Sold by
Gallagher J Terrence and Gallagher Mary M
Bought by
Salem Gary E and Boylan Victoria A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.27%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brandt Ryan | $527,000 | Stewart Title | |
| Chicago Title Land Trust Company | -- | Chicago Title Land Trust Co | |
| Salem Gary E | $285,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brandt Ryan | $474,300 | |
| Previous Owner | Salem Gary E | $321,500 | |
| Previous Owner | Salem Gary E | $219,500 | |
| Previous Owner | Salem Gary E | $121,000 | |
| Previous Owner | Salem Gary E | $227,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2019 05/15/19 | Sold | $527,000 | -2.0% | $176 / Sq Ft |
| 03/30/2019 03/30/19 | Pending | -- | -- | -- |
| 03/18/2019 03/18/19 | Price Changed | $537,900 | -4.8% | $179 / Sq Ft |
| 02/21/2019 02/21/19 | Price Changed | $564,900 | -1.8% | $188 / Sq Ft |
| 01/14/2019 01/14/19 | For Sale | $575,000 | -- | $192 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $19,457 | $63,000 | $11,115 | $51,885 |
| 2023 | $18,265 | $63,000 | $11,115 | $51,885 |
| 2022 | $18,265 | $51,836 | $9,619 | $42,217 |
| 2021 | $19,079 | $50,986 | $9,618 | $41,368 |
| 2020 | $18,612 | $50,986 | $9,618 | $41,368 |
| 2019 | $13,056 | $45,822 | $8,763 | $37,059 |
| 2018 | $12,589 | $45,822 | $8,763 | $37,059 |
| 2017 | $12,098 | $47,538 | $8,763 | $38,775 |
| 2016 | $15,110 | $43,933 | $7,267 | $36,666 |
| 2015 | $14,221 | $43,933 | $7,267 | $36,666 |
| 2014 | $14,908 | $47,055 | $7,267 | $39,788 |
| 2013 | $12,971 | $42,485 | $7,267 | $35,218 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Scott Berg
Berg Properties
(773) 960-2462
76 in this area
581 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10140857
APN: 16-06-406-003-0000
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