NOT LISTED FOR SALE

1040 Erie St Unit 202 Oak Park, IL 60302

Estimated Value: $238,000 - $312,000

2 Beds
2 Baths
-- Sq Ft
$397/mo HOA Fee

Last Sold August 18, 2016

Last sale price $184,000

Est. 45% increase in value since last sale

Current estimated payment $2,272/month

62 Days on Market

Highlights

  • Wood Flooring
  • Whirlpool Bathtub
  • Stainless Steel Appliances
  • Oliver W Holmes Elementary School Rated A-
  • End Unit
  • 3-minute walk to Austin Gardens

About This Home

As of August 2016

RARELY AVAILABLE-Front View Beautiful 2 bedroom corner unit with tree top views. 2 blocks from downtown OP. This corner unit has a recent renovated kitchen with all new stainless steel appliances, granite counter top, a cooks dream kitchen! Hardwood floors in living and dining room. Balcony faces the street not the alley! Laundry on the same floor- just steps away from the unit. INCLUDES PRKNG SPACE. The location is perfect, walking distance to Metra, El, restaurants, and Traders Joes. Sold as-is. Building anticipating new windows in the fall--no special assessment needed.

Last Agent to Sell the Property

Colleen Navigato

Compass License #475134714 Listed on: 05/10/2016

Compass

Last Buyer's Agent

Holly Scott

Coldwell Banker Realty License #475158938

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,615

Year Built

  • 1968

Lot Details

  • End Unit
  • Southern Exposure

HOA Fees

  • $397 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Home Security

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,615

Year Built

1968

Lot Details

0

HOA Fees

$397 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1968
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1968

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X13, On Level: 2nd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: Intercom, Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X11, On Level: 4th Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: 2nd Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X10, On Level: 2nd Level, Flooring: Carpet
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens, End Unit
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Baseboard

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Storage, Party Room
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 397
  • Management Contact Name: Tim Davis
  • Management Phone: 708-386-7355

Fee Information

  • Management Company: M and M Management

Schools

  • School District: 200
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 16071080411002

Multi Family

  • Total Number Unitsin Building: 40
  • Number Stories: 5

Tax Info

  • Taxes: 3191.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Aug 11, 2016
Sold by
Lydon Matthias A
Bought by
Robert Erica
Seller's Agent
Colleen Navigato
Compass
Buyer's Agent
Holly Scott
Coldwell Banker Realty
List Price
$197,000
Sold Price
$184,000
Premium/Discount to List
-$13,000
-6.6%
Current Estimated Value
$266,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,203
Avg. Annual Appreciation
4.11%
Original Mortgage
$147,200
Outstanding Balance
$118,904
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$147,299

Purchase Details

Closed on
Sep 13, 2004
Sold by
Burgoyne Barbara M
Bought by
Lydon Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
5.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 1, 1999
Sold by
Beamer Mary Jo
Bought by
Burgoyne Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.61%
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
Robert Erica $184,000 Stewart Title
Lydon Mary Ellen $229,000 First American Title Ins Co
Burgoyne Barbara M $137,500 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robert Erica $147,200
Previous Owner Lydon Mary Ellen $163,200
Previous Owner Burgoyne Barbara M $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2016 08/18/16 Sold $184,000 -4.7% --
07/11/2016 07/11/16 Pending -- -- --
06/08/2016 06/08/16 Price Changed $193,000 -2.0% --
05/10/2016 05/10/16 For Sale $197,000 -- --
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 $5,615 $20,540 $1,031 $19,509
2023 $5,611 $20,540 $1,031 $19,509
2022 $5,611 $18,034 $1,104 $16,930
2021 $5,502 $18,033 $1,104 $16,929
2020 $5,451 $18,033 $1,104 $16,929
2019 $4,670 $15,603 $1,012 $14,591
2018 $4,493 $15,603 $1,012 $14,591
2017 $4,416 $15,603 $1,012 $14,591
2016 $3,862 $12,093 $846 $11,247
2015 $3,415 $12,093 $846 $11,247
2014 $3,192 $12,093 $846 $11,247
2013 $3,181 $12,404 $846 $11,558
Source: Public Records

Agents Affiliated with this Home

  • Colleen Navigato

    Seller's Agent in 2016

    Colleen Navigato

    Compass

    (708) 989-0989

    24 in this area

    113 Total Sales

    Colleen Navigato
    Section Image

  • H

    Buyer's Agent in 2016

    Holly Scott

    Coldwell Banker Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09221182

Midwest Real Estate Data (MRED)

APN: 16-07-108-041-1002

Illinois Cook County Oak Park 60302

1040 Erie St Unit 202, Oak Park, IL

This home is located at 1040 Erie St Unit 202, Oak Park, IL 60302 since 10 May 2016 and is currently estimated at $266,203. This property was built in 1968. 1040 Erie St Unit 202 is a home located in Cook County with nearby schools including Oliver W Holmes Elementary School, Gwendolyn Brooks Middle School, and Oak Park and River Forest High School.

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