NOT LISTED FOR SALE

1113 E Division St Unit 3B Lockport, IL 60441

Estimated Value: $198,000 - $222,000

2 Beds
2 Baths
1,000 Sq Ft
$195/mo HOA Fee

Last Sold December 10, 2021

Last sale price $150,000 $150 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,711/month

2 Days on Market

Highlights

  • Detached Garage
  • Lockport Township High School East Rated A
  • Combination Dining and Living Room

About This Home

As of December 2021

Why are you paying rent when you can own this fantastic condo! Immaculate, freshly painted, move in condition, 2 bedroom, 2 full bath, 3rd floor unit condo located in Pinewood Terrace 2. Unit features a spacious kitchen with abundance of cabinets and counter space and peninsula. Newer stainless steel appliances in kitchen: oven, refrigerator, dishwasher and microwave. Additional features include a pantry with organized shelving and separate coat closet at entrance. Living room and dining room combination offers open floor plan, ceiling fan, wood laminate flooring and sliding door to balcony, with new flooring, which overlooks courtyard view of mature trees and walking trail. Both bathrooms have updated vanities, flooring and fixtures as well as laundry area, which offers newer full size, in unit, washer and dryer. Both bedrooms features custom closet shelving, new carpeting and ceiling fans. Detached 1 car garage with shelving for additional storage (Unit #38), with easy access keypad. There also is abundance of outdoor parking in the complex. Low HOA fees ($195.00), which include water, parking, common insurance, exterior maintenance, lawn care, scavenger and snow removal. Yes, rental are allowed. FHA/VA loans are not accepted. Yes, pets allowed - no weight limit. No special assessments. NO elevator. Common area offers gas grill for owners to use. Also, There is a 3/4 mile long nature walk and children's park directly behind the building. Located close to expressways, parks, schools, shopping and transportation! Must See!

Last Agent to Sell the Property

Marge Marasco

RE/MAX 1st Service License #475104349 Listed on: 10/24/2021

RE/MAX 1st Service

Last Buyer's Agent

The York Team

Realtopia Real Estate Inc License #471019464

Realtopia Real Estate Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,777

Year Built

  • 1994

Lot Details

  • 0.76

HOA Fees

  • $195 per month

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 12 Units
  • Manager Association, Phone Number (815) 609-2330
  • Property managed by Nemanich Consulting and Mgmnt

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,777

Year Built

1994

Lot Details

0

HOA Fees

$195 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Directions: Left onto S Farrell Rd., then turn right onto E Division St.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1994

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Balcony/Porch/Lanai
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Driveway: Other
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, In Bathroom
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Nemanich Consulting and Mgmnt
  • Management Contact Name: Manager
  • Management Phone: 815-609-2330
  • Association Fee: 195
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 205

Lot Info

  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Multi Family

  • Units in Building: 12

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 3999.34
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2021
Closed on
Nov 18, 2021
Sold by
Atkins Nathaniel T and Ciolino Stephanie A
Bought by
Jensen James
Seller's Agent
Marge Marasco
RE/MAX 1st Service
Buyer's Agent
The York Team
Realtopia Real Estate Inc
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$210,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,042
Avg. Annual Appreciation
9.19%
Original Mortgage
$135,000
Outstanding Balance
$124,557
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$85,485

Purchase Details

Listed on
Oct 19, 2018
Closed on
Mar 12, 2019
Sold by
Grandview Capital Llc
Bought by
Atkins Nathaniel T and Ciolino Stephanie A
Seller's Agent
Christopher Lobrillo
Grandview Realty, LLC
Buyer's Agent
Marge Marasco
RE/MAX 1st Service
List Price
$118,900
Sold Price
$110,000
Premium/Discount to List
-$8,900
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.94%
Original Mortgage
$104,500
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2018
Sold by
Mustafa Nabele
Bought by
Grandview Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2018
Sold by
Mustafa Nabele
Bought by
Mustafa Nabele and Nabele Mustafa Trust

Purchase Details

Closed on
Jun 8, 2001
Sold by
Bunch Lynn M
Bought by
Mustafa Nabele E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,200
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1994
Sold by
First National Bank Of Lockport
Bought by
Eslary David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,850
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Jensen James $150,000 None Available
Atkins Nathaniel T $110,000 Chicago Title
Grandview Capital Llc $25,000 Chicago Title
Mustafa Nabele -- Attorney
Mustafa Nabele E $94,000 Chicago Title Insurance Co
Eslary David J $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen James $135,000
Previous Owner Atkins Nathaniel T $104,500
Previous Owner Grandview Capital Llc $56,250
Previous Owner Mustafa Nabele E $89,200
Previous Owner Eslary David J $75,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2021 12/10/21 Sold $150,000 0.0% $150 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/24/2021 10/24/21 For Sale $150,000 +36.4% $150 / Sq Ft
03/13/2019 03/13/19 Sold $110,000 -1.8% $110 / Sq Ft View Prior Sale
02/11/2019 02/11/19 Pending -- -- --
02/02/2019 02/02/19 Price Changed $112,000 -1.3% $112 / Sq Ft
01/09/2019 01/09/19 Price Changed $113,500 -1.3% $114 / Sq Ft
12/07/2018 12/07/18 Price Changed $115,000 -1.3% $115 / Sq Ft
11/09/2018 11/09/18 Price Changed $116,500 -2.0% $117 / Sq Ft
10/19/2018 10/19/18 For Sale $118,900 -- $119 / 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 $4,777 $52,417 $10,474 $41,943
2023 $4,777 $47,057 $9,403 $37,654
2022 $4,357 $44,331 $8,859 $35,472
2021 $3,619 $41,660 $8,325 $33,335
2020 $3,527 $40,290 $8,051 $32,239
2019 $3,999 $38,189 $7,631 $30,558
2018 $3,423 $38,189 $7,631 $30,558
2017 $3,295 $36,051 $7,204 $28,847
2016 $3,394 $36,138 $7,222 $28,916
2015 $3,202 $31,838 $6,363 $25,475
2014 $3,202 $30,613 $6,118 $24,495
2013 $3,202 $33,641 $6,723 $26,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11254537

Midwest Real Estate Data (MRED)

APN: 11-04-25-201-009-1010