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723 Hayes Avenue

723 Hayes Avenue, Oak Park, IL 60302
House in Oak Park
Sold Jul 10, 2020
$405,000
$324,000 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2050
Sold Jun 27, 2011
$353,000
$320,877 by Us Bank Na
Mortgage Due May 01, 2041
723 Hayes Avenue in Oak Park, IL was first built in 1914 and is 110 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 723 Hayes Avenue has 2,021 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 350 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 4,662 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 723 Hayes Avenue sold most recently in Apr 27, 2020 for a total of $405,000. If you work out the math, that's approximately a cost of $200.40 per sqft. Before that, the property was also sold for $353,000 in Apr 30, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,954 in taxes each year. 723 Hayes Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,000. If we break it down further, the land itself was valued at $6,061. Improvements to the property, however, were assessed at a total of $32,939. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,662
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,021
  • Gross Building Area: 2,021
  • Building Area: 2,021
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,021
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOOKERS
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SANTOS JUDE ANTHONY
  • Current Owner 2: SANTOS MARGARET ANNE
  • Previous Owner : COHEN KEVIN B
  • Previous Owner 2: SPAIN MAUREEN M
  • Owner Before Previous Owner: NORTON JOHN GAYLORD
  • Owner Before Previous Owner 2: MASON MARYANN
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 812100

Geography

  • District: 27
  • Parcel: 16-05-311-025-0000
  • Block: 5
  • Lot: 7,6
  • Meridian: SEC 05 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8992
  • Longitude: -87.7793

    Address

  • Full Address: 723 Hayes Ave
  • Address - House Number: 723
  • Address - Street Name: Hayes
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C020
  • 4-Digit Zip Code: 1705
  • Zip Code: 60302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,954
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.2279
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 514,744
  • High Value: 632,069
  • Low Value: 397,418

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $324,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $60,610
  • Market Improvement Value: $329,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $6,061
  • Assessed Improvements Value: $32,939

    Sales

  • Current Sale Contract Date: Apr 27, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Transaction ID: 11772113510
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019220045
  • Previous Sale Recording Date: Jun 27, 2011
  • Previous Sale Contract Date: Apr 30, 2011
  • Previous Sale Amount: $353,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 10, 2020
  • First Mortgage Loan Amount: $324,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Jun 27, 2011
  • Previous Mortgage Loan Amount: $320,877
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2041

About Oak Park



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Frequently Asked Questions

What neighborhood is 723 Hayes Avenue located in?
The 723 Hayes Avenue is a house located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 723 Hayes Avenue?
The average sales price for units in 723 Hayes Avenue is $0 currently.

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