NOT LISTED FOR SALE

1041 Susan Collins Ln Unit 501 Oak Park, IL 60302

Estimated Value: $155,000 - $208,000

1 Bed
1 Bath
-- Sq Ft
0.43 Acres

Last Sold May 05, 2017

Last sale price $103,000

Est. 71% increase in value since last sale

Current estimated payment $1,291/month

Highlights

  • Storage Room
  • Property is near a bus stop
  • Heating Available
  • Abraham Lincoln Elementary School Rated A-

About This Home

As of May 2017

Classy 1 bedroom condo in an amazing Oak Park location. The unit is located on the top floor of an elevator building with one outdoor parking space included in the price. The building features coin laundry and individual storage. The condo has a beautiful open new kitchen with granite countertops, plenty of white cabinets and a large island, hardwood floors throughout, and a spacious new bathroom. The spacious bedroom has a glass door and 2 closets. All windows and locks were just redone in the whole building. The location is amazing - walking distance to the Blue, Green and Metra lines, 4 blocks to downtown Oak Park, across the street from Rush Oak Park Hospital and 4 blocks to downtown Forest Park on Madison.

Last Agent to Rent the Property

Michael Li

Prosperity Homes Co. License #475172460 Listed on: 05/06/2017

Prosperity Homes Co.

Last Renter's Agent

Kevin Calkins

Compass License #475161523

Compass

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,390

Year Built

  • 1998

Lot Details

  • 0.43

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Heating Available
  • Lake Michigan Water

Additional Features

  • Storage Room
  • North or South Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$4,390

Year Built

1998

Lot Details

0

Rental Info

  • Available: 05/06/2017
  • Monthly Lot Rental Included: Water, Parking, Security, Security System, Lawn Care, Snow Removal, Air Conditioning

Listing Details

  • Property Type: Residential Rental
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Type Attached: Condo
  • Unit Floor Level: 5
  • Age: 16-20 Years
  • Special Features: None
  • Stories: 5
  • Year Built: 1998

Interior Features

  • Number Of Rooms: 3
  • Bedrooms All Levels: 1
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X11
  • Master Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 16X12
  • Living Room Flooring: Hardwood
  • Family Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 16X10
  • Kitchen Flooring: Hardwood
  • Laundry Level: Basement
  • Laundry Size: 15X10
  • Additional Rooms: Storage
  • Additional Room 1 Name: Storage
  • Additional Room 1 Level: Basement
  • Additional Room 1 Size: 8X4

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North)

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

  • Cooling: 2 (Window/Wall Unit)
  • Electricity: Circuit Breakers
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Management: Manager Off-site
  • Pet Information: Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Storage

Fee Information

  • Management Company: Hillcrest

Schools

  • Elementary School: ABRAHAM LINCOLN ELEMENTARY SCHOO
  • Middle School: GWENDOLYN BROOKS MIDDLE SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 97

Multi Family

  • Total Number Unitsin Building: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2017
Closed on
May 2, 2017
Sold by
Samikkannu Periasamy and Samikkannu Cecilia
Bought by
Zhou Xiaodong
Seller's Agent
Michael Li
Prosperity Homes Co.
Buyer's Agent
Kevin Calkins
Compass
Sold Price
$1,250
Current Estimated Value
$176,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,021
Avg. Annual Appreciation
6.54%
Original Mortgage
$77,250
Outstanding Balance
$65,355
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$110,916

Purchase Details

Closed on
Jul 5, 2006
Sold by
Maloney Jill Mary
Bought by
Samikkannu Periasamy and Samikkannu Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
6.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2002
Sold by
Wojtowicz Gregg and Wojtowicz Greta
Bought by
Maloney Jill Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,890
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2000
Sold by
Vahle Basma A
Bought by
Wojtowicz Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
8.31%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhou Xiaodong $103,000 Attorney
Samikkannu Periasamy $176,000 Prairie Title Inc
Maloney Jill Mary $137,000 Prairie Title
Wojtowicz Gregg $115,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Xiaodong $77,250
Previous Owner Samikkannu Periasamy $140,800
Previous Owner Maloney Jill Mary $132,890
Previous Owner Wojtowicz Gregg $109,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2017 05/19/17 Rented $1,250 0.0% --
05/14/2017 05/14/17 Under Contract -- -- --
05/06/2017 05/06/17 For Rent $1,250 0.0% --
05/05/2017 05/05/17 Sold $103,000 0.0% -- View Prior Sale
03/24/2017 03/24/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $103,000 -- --
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 $4,390 $13,468 $1,065 $12,403
2023 $4,611 $13,468 $1,065 $12,403
2022 $4,611 $12,010 $1,065 $10,945
2021 $4,494 $12,009 $1,064 $10,945
2020 $4,384 $12,009 $1,064 $10,945
2019 $4,297 $11,199 $976 $10,223
2018 $4,136 $11,199 $976 $10,223
2017 $4,045 $11,199 $976 $10,223
2016 $4,769 $11,848 $816 $11,032
2015 $4,273 $11,848 $816 $11,032
2014 $3,970 $11,848 $816 $11,032
2013 $4,124 $12,673 $816 $11,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09618445

Midwest Real Estate Data (MRED)

APN: 16-07-323-055-1017