NOT LISTED FOR SALE

1516 S Fairfield Ave Unit 20B Lombard, IL 60148

South Lombard Neighborhood

Estimated Value: $190,000 - $198,270

2 Beds
1 Bath
940 Sq Ft
$379/mo HOA Fee

Last Sold October 21, 2022

Last sale price $141,500 $151 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,696/month

3 Days on Market

Highlights

  • Balcony
  • Resident Manager or Management On Site
  • Combination Dining and Living Room
  • Pleasant Lane Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of October 2022

Super cute 2nd floor condo in Hidden Valley. Open floor plan with lots of space. Nice size closets including a linen closet. Sliding glass door opens to nice size balcony. Extra storage unit in building along with a coin laundry room. Close to highways, shopping and dining. Pets allowed!

Last Agent to Sell the Property

Roz Iaccino

@properties Christie's International Real Estate License #475157718 Listed on: 08/19/2022

@properties Christie's International Real Estate

Co-Listed By

Kathy Iaccino

@properties Christie's International Real Estate License #471005115

Last Buyer's Agent

Ginny Leamy

Compass License #475126031

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,592

Year Built

  • Built in 1976

Lot Details

  • 4.09

HOA Fees

  • $379 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 940 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

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

Outdoor Features

  • Balcony

Schools

  • Manor Hill Elementary School
  • Glenn Westlake Middle School
  • Glenbard East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Jennifer Association, Phone Number (630) 530-1122
  • Property managed by Vista Property Management

Pet Policy

  • Pets up to 35 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,592

Year Built

Built in 1976

Lot Details

0

HOA Fees

$379 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 940
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 940
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 143000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 379
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Vista Property Management
  • Management Contact Name: Jennifer
  • Management Phone: 630-530-1122X108
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Manor Hill Elementary School
  • High School: Glenbard East High School
  • Middle/Junior School: Glenn Westlake Middle School
  • Middle/Junior School District: 44

Lot Info

  • 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: 35

Tax Info

  • Tax Annual Amount: 2591.5
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 19, 2022
Sold by
Terracciano Joanna R
Bought by
Taylor-Word Kimberly and Word Bianca T
Seller's Agent
Roz Iaccino
@properties Christie's International Real Estate
Buyer's Agent
Ginny Leamy
Compass
List Price
$143,000
Sold Price
$141,500
Premium/Discount to List
-$1,500
-1.05%
Views
37
Current Estimated Value
$192,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,068
Avg. Annual Appreciation
10.06%
Original Mortgage
$138,936
Outstanding Balance
$134,821
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$50,768

Purchase Details

Listed on
Feb 25, 2016
Closed on
Apr 13, 2016
Sold by
Schroeder Stacy L
Bought by
Terracciano Joanna R
Seller's Agent
Teresa Petry
RE/MAX Hub City
Buyer's Agent
Joanne McInerney
Platinum Partners Realtors
List Price
$110,000
Sold Price
$102,000
Premium/Discount to List
-$8,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$96,900
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2005
Sold by
Lapage Catherine
Bought by
Schroeder Stacy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 13, 2000
Sold by
Schmidt John F
Bought by
Schmidt John F and John F Schmidt Trust

Purchase Details

Closed on
Nov 1, 2000
Sold by
Schmidt Catherine A
Bought by
Schmidt John F

Purchase Details

Closed on
Jun 20, 1997
Sold by
Treichel Dorothy
Bought by
Schmidt John F and Schmidt Catherine A
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
Taylor-Word Kimberly $141,500 --
Terracciano Joanna R $102,000 First American Title Company
Schroeder Stacy L $130,000 Premier Title
Schmidt John F -- --
Schmidt John F -- --
Schmidt John F $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor-Word Kimberly $138,936
Previous Owner Terracciano Joanna R $96,900
Previous Owner Schroeder Stacy L $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $141,500 -1.0% $151 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $143,000 +40.2% $152 / Sq Ft
04/15/2016 04/15/16 Sold $102,000 -7.3% $109 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $110,000 -- $117 / 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 $3,212 $49,344 $4,942 $44,402
2023 $3,026 $45,630 $4,570 $41,060
2022 $2,684 $39,630 $3,970 $35,660
2021 $2,592 $38,640 $3,870 $34,770
2020 $2,530 $37,790 $3,780 $34,010
2019 $2,387 $35,920 $3,590 $32,330
2018 $2,258 $33,210 $3,320 $29,890
2017 $2,008 $29,300 $2,930 $26,370
2016 $1,931 $27,600 $2,760 $24,840
2015 $1,798 $25,710 $2,570 $23,140
2014 $1,906 $26,300 $2,630 $23,670
2013 $1,970 $27,630 $2,790 $24,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11608566

Midwest Real Estate Data (MRED)

APN: 06-20-207-020