Oak Court Condominiums 1501 Oak Ave Unit 405 Evanston, IL 60201
Downtown Evanston NeighborhoodEstimated Value: $342,000 - $377,000
2
Beds
2
Baths
1,400
Sq Ft
$494/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Corner Lot
- 1 Car Attached Garage
- Dewey Elementary School Rated A
- Balcony
- 2-minute walk to Merrick Rose Garden
About This Home
As of June 2021Picture what this condo could be once you've updated it to match your personal preferences! To be clear, this is a 2 cats per unit building, no dogs. So long as you're OK with that - let your imagination run wild! When it's cold outside you enjoy the gas fireplace, and you're delighted that the elevator takes you down to your cozy garage parking space. No running through the rain to your car, no scraping off ice or getting into a hot car that's been sitting in the sun. On warm days you sit on your private balcony, perhaps you grill your dinner and enjoy the evening breeze. If it's HOT, you stay in, turn on the central air, maybe watch a movie. Laundry is in the 2nd bathroom - no sharing, no hauling clothes, no one moving your stuff when you forget to change the loads! Use your imagination - what will you do when you renovate? Will you open up the kitchen, add an island, granite, and high end appliances? Or will you just update the appliances and leave the kitchen separated from the living space? Will you replace the carpet with hardwood? Or just instead install new, plush carpet that's squishy beneath your bare feet? The bathrooms provide more options for your creativity. Perhaps a steam shower? A jetted tub? Maybe a bathroom mirror with an integrated TV or Alexa? Or both? Priced to sell as-is and ready to become whatever you imagine it to be, this prime location in the Dewey and Nichols school districts and just on the edge of downtown Evanston can be your dream home! Vacant and ready to go, schedule your showing today! Did I mention that Bennison's Bakery is just 3 blocks away?
Last Agent to Sell the Property
Coldwell Banker License #475105955 Listed on: 04/20/2021
Co-Listed By
Erin Booker
Compass License #475192053
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,197
Year Built
- Built in 1980
Lot Details
- 1.34
HOA Fees
- $494 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,400 Sq Ft Home
- Gas Log Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Bathroom
- Dryer
- Washer
Schools
- Dewey Elementary School
- Nichols Middle School
- Evanston Twp High School
Utilities
- Central Air
- Heating Available
- Lake Michigan Water
Additional Features
- Additional Parcels
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 69 Units
- Lidia Schahczinski Association, Phone Number (847) 324-8986
- Oak Court Condominiums Subdivision
- Property managed by Cagan
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Common Area
- Community Storage Space
- Elevator
Pet Policy
- Pets up to 15 lbs
- Limit on the number of pets
- Cats Allowed
Security
- Storm Screens
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2021
Closed on
Jun 11, 2021
Sold by
Gast Janeice M and Kessem Cynthia A
Bought by
Bailey Maria S and The Maria S Bailey Living Trus
Seller's Agent
Sara McMurray
Coldwell Banker
Buyer's Agent
Helen Bailey
Pioneer Realty Group LLC
List Price
$250,000
Sold Price
$250,000
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
$107,354
Avg. Annual Appreciation
10.00%
Purchase Details
Closed on
Apr 30, 2007
Sold by
Gast Janice M
Bought by
Janice M Gast Declaration Of Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,650
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 27, 2007
Sold by
Looi Pi Wen
Bought by
Gast Janice M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,650
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 12, 2001
Sold by
Schaeffer Daniel J and Schaeffer Julie Ann
Bought by
Ellis Robert J and Ellis Amy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.72%
Purchase Details
Closed on
Apr 28, 1998
Sold by
Eftekhar Kambiz
Bought by
Schaeffer Daniel J and Levin Julie Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.25%
Similar Homes in the area
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 |
|---|---|---|---|
| Bailey Maria S | $250,000 | Old Republic Title | |
| Janice M Gast Declaration Of Trust | -- | None Available | |
| Gast Janice M | $327,000 | First American Title | |
| Ellis Robert J | $257,500 | Chicago Title Insurance Co | |
| Schaeffer Daniel J | $175,000 | Professional National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gast Janice M | $310,650 | |
| Previous Owner | Looi Pi Wen | $226,400 | |
| Previous Owner | Ellis Robert J | $206,000 | |
| Previous Owner | Schaeffer Daniel J | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2021 06/30/21 | Sold | $250,000 | 0.0% | $179 / Sq Ft |
| 04/27/2021 04/27/21 | Pending | -- | -- | -- |
| 04/19/2021 04/19/21 | For Sale | $250,000 | -- | $179 / 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 | $5,274 | $27,754 | $1,752 | $26,002 |
| 2023 | $5,017 | $27,754 | $1,752 | $26,002 |
| 2022 | $5,017 | $27,754 | $1,752 | $26,002 |
| 2021 | $3,148 | $25,225 | $1,154 | $24,071 |
| 2020 | $2,893 | $25,225 | $1,154 | $24,071 |
| 2019 | $2,862 | $27,847 | $1,154 | $26,693 |
| 2018 | $3,352 | $23,452 | $955 | $22,497 |
| 2017 | $3,208 | $23,452 | $955 | $22,497 |
| 2016 | $3,757 | $23,452 | $955 | $22,497 |
| 2015 | $4,182 | $20,141 | $776 | $19,365 |
| 2014 | $4,056 | $20,141 | $776 | $19,365 |
| 2013 | $4,056 | $20,141 | $776 | $19,365 |
Source: Public Records
Agents Affiliated with this Home
-
Sara McMurray
Seller's Agent in 2021
Sara McMurray
Coldwell Banker
(847) 710-4357
5 in this area
77 Total Sales
-
E
Seller Co-Listing Agent in 2021
Erin Booker
Compass
-
Helen Bailey
Buyer's Agent in 2021
Helen Bailey
Pioneer Realty Group LLC
(773) 454-5583
1 in this area
44 Total Sales
About Oak Court Condominiums
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11059653
APN: 11-18-315-017-1046
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