NOT LISTED FOR SALE

1508 W Jefferson Ave Unit F Naperville, IL 60540

Will-O-Way Neighborhood

Estimated Value: $226,626

2 Beds
1.5 Baths
992 Sq Ft
$259/mo HOA Fee

Last Sold December 28, 2023

Last sale price $200,000 $202 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,806/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • End Unit
  • Balcony
  • Elmwood Elementary School Rated A
  • Formal Dining Room
  • Resident Manager or Management On Site

About This Home

As of December 2023

*Affordably priced to sell fast!* Don't miss this rare opportunity to get an amazing steal in Naperville. Come experience the best of Naperville living in this rarely available, updated 2nd-floor, 2-level end unit condo. Nestled in the award winning Naperville 203 school district, close to downtown, parks, and Rte. 59. This superb condo boasts modern amenities, abundant cabinet space, spacious closets, including a washer/dryer in-unit for utmost convenience. Revel in the allure of wide plank wood laminate floors with a beautiful walnut finish and newer stainless steel appliances, including an over-range microwave. The main bath has been tastefully updated, complementing the newer furnace, A/C, and water heater. Enjoy the serene private balcony and the luxury of TWO parking spaces conveniently close to the entry. With all these comforts and its proximity to the heart of Naperville, this condo offers the perfect blend of convenience and contemporary living." Investors: Investors are welcomed. Long-term tenant occupied below market rent. Come and maximize your investment with the highly desired 1%+ investment opportunity according to recent comparables this unit has room for even more room to cash flow! Do not wait! Schedule your tour today!

Last Listed By

LeVogne Misher

ERA Naper Realty, Inc. License #475177327 Listed on: 12/02/2023

ERA Naper Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1986 | Remodeled in 2013

Lot Details

  • 4.17

HOA Fees

  • $259 Monthly HOA Fees

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 992 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Vaulted Ceiling
  • Formal Dining Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Mill Street Elementary School
  • Jefferson Junior High School
  • Naperville North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Manager Association, Phone Number (630) 620-1330
  • Jefferson West Subdivision
  • Property managed by ACM

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,066

Year Built

Built in 1986 | Remodeled in 2013

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Jefferson West
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2013
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2013

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, Second Floor Laundry, Laundry Hook-Up in Unit, Bookcases
  • LivingArea: 992
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 200000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 259
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: ACM
  • Management Contact Name: Manager
  • Management Phone: 630-620-1330
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Mill Street Elementary School
  • High School: Naperville North High School
  • Middle/Junior School: Jefferson Junior High School
  • Middle/Junior School District: 203

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3065.9
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
Dec 18, 2023
Sold by
Key Lion Investments Llc
Bought by
Li Zechen
Seller's Agent
LeVogne Misher
ERA Naper Realty, Inc.
Buyer's Agent
Jojo Marino
Coldwell Banker Realty
List Price
$200,000
Sold Price
$200,000
Total Days on Market
7
Views
126
Current Estimated Value
$226,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,626
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Mar 18, 2021
Sold by
Procopio Anthony and Procopio Jessica Dhillon
Bought by
Kay Lion Investments Llc

Purchase Details

Closed on
Apr 29, 2020
Sold by
Drobitsch Cynthia and Wojdyla Justin
Bought by
Procopio Anthony and Procopio Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2006
Sold by
Drobitsch Cynthia
Bought by
Drobitsch Cynthia and Wojdyla Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 28, 2005
Sold by
Downers Grove National Bank
Bought by
Drobitsch Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,124
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

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
Li Zechen $200,000 None Listed On Document
Kay Lion Investments Llc -- Fidelity National Title
Procopio Anthony $145,000 Fidelity National Title
Drobitsch Cynthia -- Law Title Insurance
Drobitsch Cynthia $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Procopio Anthony $108,750
Previous Owner Drobitsch Cynthia $134,400
Previous Owner Drobitsch Cynthia $25,200
Previous Owner Drobitsch Cynthia $29,124
Previous Owner Drobitsch Cynthia $116,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $200,000 0.0% $202 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
12/02/2023 12/02/23 For Sale $200,000 0.0% $202 / Sq Ft
10/19/2020 10/19/20 Rented $1,550 -2.8% --
07/28/2020 07/28/20 Under Contract -- -- --
06/04/2020 06/04/20 Price Changed $1,595 -3.3% $2 / Sq Ft
05/16/2020 05/16/20 For Rent $1,650 +24.5% --
05/20/2016 05/20/16 Rented $1,325 0.0% --
05/04/2016 05/04/16 Under Contract -- -- --
03/23/2016 03/23/16 For Rent $1,325 -- --
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 $3,487 $53,740 $17,330 $36,410
2022 $3,066 $47,450 $15,300 $32,150
2021 $2,962 $45,750 $14,750 $31,000
2020 $2,565 $45,750 $14,750 $31,000
2019 $2,459 $43,510 $14,030 $29,480
2018 $2,082 $37,800 $12,190 $25,610
2017 $1,880 $34,290 $11,060 $23,230
2016 $1,821 $32,900 $10,610 $22,290
2015 $1,806 $31,230 $10,070 $21,160
2014 $1,768 $29,950 $9,660 $20,290
2013 $1,758 $30,160 $9,730 $20,430
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11938526

Midwest Real Estate Data (MRED)

APN: 07-23-114-036