$115,000
SOLD FEB 17, 2022

1501 Woodbridge Rd Unit 1B Joliet, IL 60436

Reedwood Neighborhood
1 Bed
1 Bath
863 Sq Ft
$247/mo HOA Fee

Recently Sold

$133 Per Sq Ft

4% Below List Price

6 Days on Market

Highlights

  • Attached Garage
  • Sliding Doors
  • Heated Garage
  • Resident Manager or Management On Site
  • Combination Dining and Living Room
  • Senior Freeze Tax Exemptions

About This Home

As of February 2025

Beautifully maintained & updated condo on the first floor facing the park-like, east facing courtyard at Woodlawn Terrace. Kitchen comes with oak cabinets, the most recent updates in 2019 included; New A/C, carpet, paint, kitchen faucet, dining room ceiling fan... many features have been updated over the years see documents tab for a full list. This unit is a real gem as it offers 2 parking spaces in the underground secured & climatized garage, 2 storage units and elevator access. All appliances are included. The dishwasher will convey "as is" seller never used it. This building is conveniently located across from the clubhouse that offers an in-ground heated pool, work-out/billiards room, banquet room, and a library. HOA fees of $247.00 includes unlimited softened water, scavenge, snow removal, lawn care, exterior/common area maintenance and common area insurance. Full list of HOA features are listed in the documents tab. This truly is Condo living at it's best! No investment rentals allowed per HOA CC&Rs.

Last Agent to Sell the Property

Christine Atherton

Coldwell Banker Real Estate Group License #475176679 Listed on: 01/14/2022

Co-Listed By

Judith Archer

RE/MAX Ultimate Professionals License #471002546

Last Buyer's Agent

Frank Ristucci

RE/MAX Ultimate Professionals License #475162855

RE/MAX Ultimate Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,390

Year Built | Renovated

  • 1976 | 2019

HOA Fees

  • $247 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Sliding Doors
  • Combination Dining and Living Room

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 24 Units
  • Mcgill Association, Phone Number (847) 259-1331
  • Property managed by McGill Management

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,390

Year Built | Renovated

1976 | 2019

Lot Details

0

HOA Fees

$247 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2019
  • New Construction Y/N: No
  • Co List Office Mls Id: MRD74601
  • Co List Office Phone: (815) 744-1000
  • Directions: Jefferson to South on Stryker to Woodlawn Terrace, (Woodbridge Rd) enter complex, go over the bridge and park by the clubhouse. 1501 building is across from the clubhouse.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Woodlawn Terrace
  • Special Features: None
  • Year Built: 1976
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 863
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Roof: Rubber
  • Exterior Features: Deck, Dog Run, Cable Access
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Other Structures: Gazebo, Dog Kennel
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned
  • Number of Cars: 4
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric
  • Laundry Features: In Unit, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: McGill Management
  • Management Contact Name: McGill
  • Management Phone: 847-259-1331
  • Amenities: Elevator(s), Exercise Room, Storage, Party Room, Sundeck, Indoor Pool, Security Door Lock(s), Clubhouse, Chair Lift On Stairs, In Ground Pool, Intercom, Patio
  • Association Fee: 247
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit

Fee Information

  • Association Fee Includes: Water, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Pershing Elementary School
  • High School: Joliet West High School
  • Junior High Dist: 204
  • Middle Or Junior School: Dirksen Junior High School

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: 999

Multi Family

  • Units in Building: 24

Tax Info

  • Tax Exemptions: Homeowner,Senior Freeze
  • Tax Annual Amount: 1075.8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Jan 28, 2025
Sold by
Ellinger William B
Bought by
Diaz Angel
Seller's Agent
Bobbi Zuidema
Keller Williams Infinity
Buyer's Agent
Simran Dua
RE/MAX Professionals Select
List Price
$147,500
Sold Price
$147,500
Views
9
Current Estimated Value
$148,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,111
Avg. Annual Appreciation
-2.88%
Original Mortgage
$132,750
Outstanding Balance
$132,528
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$12,539

Purchase Details

Closed on
Jun 8, 2017
Sold by
Verk Susan M
Bought by
Hendel Henry

Purchase Details

Closed on
Apr 29, 2010
Sold by
Traina Cheryl and Auriene Dawn
Bought by
Verk Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2002
Sold by
Barber Charles W
Bought by
Halley Robert W

Purchase Details

Closed on
Nov 23, 1999
Sold by
Mcshane Lynda and Barber Charles W
Bought by
Barber Charles W and Charles W Barber Declaration Of Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Executors Deed $147,500 Fidelity National Title
Warranty Deed $87,000 Attorney
Warranty Deed $80,000 Chicago Title Insurance Co
Warranty Deed $75,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,750 New Conventional
Previous Owner $11,000 Credit Line Revolving
Previous Owner $64,000 New Conventional
Previous Owner $7,920 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $147,500 0.0% $171 / Sq Ft
01/12/2025 01/12/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $147,500 +28.3% $171 / Sq Ft
02/17/2022 02/17/22 Sold $115,000 -4.1% $133 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $119,900 -- $139 / 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
2023 $1,390 $32,594 $6,593 $26,001
2022 $1,707 $29,484 $5,964 $23,520
2021 $1,077 $27,537 $5,570 $21,967
2020 $1,076 $26,151 $5,290 $20,861
2019 $1,101 $24,304 $4,916 $19,388
2018 $1,142 $22,458 $4,543 $17,915
2017 $609 $19,642 $4,130 $15,512
2016 $634 $18,077 $3,786 $14,291
2015 $730 $16,950 $3,550 $13,400
2014 $730 $16,900 $3,550 $13,350
2013 $730 $18,004 $3,930 $14,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11297550

Midwest Real Estate Data (MRED)

APN: 30-07-17-100-060-1002