Seller's Agent in 2023
Keri Meacham
RE/MAX
(773) 956-0250
6 in this area
49 Total Sales
140 Marengo Ave Unit 506 Forest Park, IL 60130
Estimated Value: $223,000 - $260,582
3
Beds
2
Baths
1,625
Sq Ft
$633/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Sundeck
- Balcony
- Party Room
- Elevator
- 1 Car Attached Garage
About This Home
As of March 2023Welcome to Ramar Towers! Rarely available sunfilled 3 bedroom, 2 bath corner unit on the 5th floor of this elevator building. Walk into the bright and spacious living room/dining room combo with access to your private balcony with views of downtown Chicago! Enjoy cooking all your favorite meals in this fully equipped eat-in kitchen to include updated appliances, ample cabinetry, under-cabinet lighting, and a garbage disposal. The main bathroom includes an adequate amount of cabinetry with a sink and a separate room to shower. Enjoy the view of downtown from the spacious master bedroom suite with a private bathroom and walk-in closet. The other 2 bedrooms are a good size and have great closet space, perfect for a guest room, office, or nursery! The possibilities are endless! Coin laundry is located on the 7th floor along with storage and a ROOFTOP deck! One garage parking space is included and conveniently located right off the elevator. Pet-friendly building! 100% owner occupied, no rentals allowed. Fabulous location close to the green line and metra trains. Walkable to downtown Forest Park and Oak Park. Schedule your showing today!
Last Agent to Sell the Property
RE/MAX In The Village License #475166249 Listed on: 01/10/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $722
Year Built
- Built in 1968
Lot Details
- 0.33
HOA Fees
- $633 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 1,625 Sq Ft Home
- Living Room
- Dining Room
- Intercom
Kitchen
- Gas Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Balcony
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- Association fees include heat, water, parking, insurance, exterior maintenance, scavenger, snow removal
- 36 Units
- Tim Davis Association, Phone Number (708) 386-7355
- Property managed by M & M Property Management
- Lock-and-Leave Community
- 7-Story Property
Amenities
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Package Room
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2023
Closed on
Mar 10, 2023
Sold by
Helen A Woodruff Trust
Bought by
Saavedra Hugo and Suthers Kelly
Seller's Agent
Keri Meacham
RE/MAX In The Village
Buyer's Agent
Cathryn Browne
CB Real Estate LLC
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Views
137
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,146
Avg. Annual Appreciation
10.65%
Original Mortgage
$166,500
Outstanding Balance
$161,140
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$80,006
Purchase Details
Closed on
Mar 27, 1998
Sold by
The Northern Trust Company
Bought by
Woodruff Helen A and Helen A Woodruff Trust #1
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saavedra Hugo | $185,000 | Chicago Title | |
| Woodruff Helen A | $114,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Saavedra Hugo | $166,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/14/2023 03/14/23 | Sold | $185,000 | -7.5% | $114 / Sq Ft |
| 02/02/2023 02/02/23 | For Sale | $200,000 | +8.1% | $123 / Sq Ft |
| 02/01/2023 02/01/23 | Pending | -- | -- | -- |
| 01/29/2023 01/29/23 | Off Market | $185,000 | -- | -- |
| 01/10/2023 01/10/23 | For Sale | $200,000 | -- | $123 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,266 | $20,172 | $425 | $19,747 |
| 2023 | $2,818 | $20,172 | $425 | $19,747 |
| 2022 | $2,818 | $14,021 | $478 | $13,543 |
| 2021 | $795 | $14,020 | $478 | $13,542 |
| 2020 | $722 | $14,020 | $478 | $13,542 |
| 2019 | $847 | $14,577 | $435 | $14,142 |
| 2018 | $831 | $14,577 | $435 | $14,142 |
| 2017 | $798 | $14,577 | $435 | $14,142 |
| 2016 | $1,663 | $14,630 | $393 | $14,237 |
| 2015 | $1,720 | $14,630 | $393 | $14,237 |
| 2014 | $1,652 | $14,630 | $393 | $14,237 |
| 2013 | $1,581 | $15,228 | $393 | $14,835 |
Source: Public Records
Agents Affiliated with this Home
-
Keri Meacham
-
Cathryn Browne
Buyer's Agent in 2023
Cathryn Browne
CB Real Estate LLC
(312) 547-9157
1 in this area
96 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11698279
APN: 15-12-420-020-1030
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