NOT LISTED FOR SALE

423 N Elmwood Ave Oak Park, IL 60302

Estimated Value: $865,000 - $1,010,000

3 Beds
3 Baths
2,600 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $694,000 $267 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,542/month

43 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • American Four Square Architecture
  • Whittier Elementary School Rated A
  • Recreation Room
  • Whirlpool Bathtub

About This Home

As of June 2019

Walk to the train - check! Tree shaded block with lovely Victorian and Arts & Crafts homes - check. A true gem of a home where pride of ownership is evident - double check! From the sunny front porch to the bluestone firepit under the maple tree in the yard to the 3 car garage, this home is the quintessential (and thoughtfully updated) Oak Park 4-square. Bright large foyer and large light-filled living room anchored by a woodburning fireplace have just been decorated. Sunny dining room features floor to ceiling windows. Connecting to the kitchen is a bright family room. The eat-in kitchen looks out on the fenced backyard and features Viking stove, new Bosch dishwasher, KitchenAid fridge, soapstone counters & custom Amish cabinets. The master suite is spacious with 2 closets & attached bath that features separate shower & spa soaking tub. The 3rd floor features sunny family room w/gas fireplace. There is also lower level office space. Exterior painted last fall. Updated HVAC & electric.

Last Listed By

David Gullo

Gullo & Associates License #471004288 Listed on: 03/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,021

Year Built

  • 1894

Lot Details

  • 8,276

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • American Four Square Architecture
  • Stone Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • The property is located in a historic district

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,021

Year Built

1894

Lot Details

0

Parking

3

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: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2350
  • Style Of House: American 4-Sq.
  • Type Detached: 3 Stories
  • Estimated Year Built: 1894
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2350
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1894

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Equipment: Security System, CO Detectors
  • Fireplace Details: Wood Burning, Gas Logs
  • Attic: Finished, Full, Interior Stair
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 18X15, On Level: Basement
  • Dining Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office, Recreation Room, Foyer
  • Master Bedroom: Dimensions: 15X19, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 12X11, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 36X28, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X18, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2600
  • Estimated Total Finished Sq Ft: 2350
  • Main Level Sq Ft: 1325
  • Upper Level Sq Ft: 1025
  • Dining Room Type: Separate
  • Family Room: Dimensions: 12X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete, Stone
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Porch
  • Acreage: 0.1974

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Space Pac
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 2134

Schools

  • School District: 200
  • Elementary School: Whittier Elementary School
  • Middle School: Gwendolyn Brooks Middle School
  • High School: Oak Park & River Forest High Sch
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 50X175
  • Parcel Identification Number: 16072040140000

Tax Info

  • Taxes: 17919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Jun 4, 2019
Sold by
Schoon Faith C and Schoon Eugene A
Bought by
Tanner Weston and Tanner Lisa
Seller's Agent
David Gullo
Gullo & Associates
Buyer's Agent
Victoria Witt
@properties Christie's International Real Estate
List Price
$759,000
Sold Price
$694,000
Premium/Discount to List
-$65,000
-8.56%
Total Days on Market
43
Current Estimated Value
$919,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,761
Avg. Annual Appreciation
4.70%
Original Mortgage
$555,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2013
Sold by
Schoon Faith C and Schoon Eugene A
Bought by
Schoon Faith C

Purchase Details

Closed on
May 7, 1996
Sold by
Lauck Michael J and Lauck Carol I
Bought by
Schoon Eugene A and Schoon Faith C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
7.6%

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
Tanner Weston $694,000 Chicago Title Company
Schoon Faith C -- --
Schoon Faith C -- --
Schoon Faith C -- --
Schoon Eugene A $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanner Weston $507,000
Closed Tanner Weston $510,400
Closed Tanner Weston $41,000
Closed Tanner Weston $555,200
Previous Owner Schoon Eugene A $243,000
Previous Owner Schoon Eugene A $265,000
Previous Owner Schoon Eugene A $200,000
Previous Owner Schoon Eugene A $408,500
Previous Owner Schoon Eugene A $200,000
Previous Owner Schoon Eugene A $150,000
Previous Owner Schoon Eugene A $374,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2019 06/06/19 Sold $694,000 -4.8% $267 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
03/20/2019 03/20/19 Price Changed $729,000 -4.0% $280 / Sq Ft
03/07/2019 03/07/19 For Sale $759,000 -- $292 / 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 $17,021 $69,716 $11,180 $58,536
2023 $17,021 $69,716 $11,180 $58,536
2022 $17,021 $47,747 $9,675 $38,072
2021 $17,704 $50,643 $9,675 $40,968
2020 $17,355 $50,643 $9,675 $40,968
2019 $17,094 $50,727 $8,815 $41,912
2018 $17,284 $52,989 $8,815 $44,174
2017 $17,920 $52,989 $8,815 $44,174
2016 $18,419 $48,261 $7,310 $40,951
2015 $16,458 $48,261 $7,310 $40,951
2014 $15,312 $48,261 $7,310 $40,951
2013 $15,927 $51,569 $7,310 $44,259
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10300717

Midwest Real Estate Data (MRED)

APN: 16-07-204-014-0000