NOT LISTED FOR SALE

1516 W Jefferson Ave Unit 1516JB Naperville, IL 60540

Will-O-Way Neighborhood

Estimated Value: $228,000 - $259,000

2 Beds
2 Baths
992 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $175,000 $176 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,810/month

Highlights

  • Resident Manager or Management On Site
  • Elmwood Elementary School Rated A
  • Combination Dining and Living Room

About This Home

As of December 2021

Multiple offers received, Highest and best called for by 7pm 11/28/21. Beautiful & Affordable 2 Story Condo Town home. Close to downtown Naperville & Riverwalk! 2 bedroom with 1 1/2 baths! 982 sq feet of living space! Private balcony! Bedrooms have vaulted ceilings & plenty of closet space! Open Floor Plan! Quiet, secure building with intercom! Convenient access to I-88, METRA and shopping! 2 assigned parking spaces #117 & 119 with visitor parking! Acclaimed District 203 schools!

Last Agent to Sell the Property

Jamie Lowe

James Lowe License #471003271 Listed on: 11/27/2021

Last Buyer's Agent

CC Whitt

J.W. Reedy Realty License #475127483

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1986

Lot Details

  • 4.17

HOA Fees

  • $281 per month

Interior Spaces

  • Combination Dining and Living Room

Parking

  • Driveway
  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Community Details

Overview

  • 4 Units
  • Staff Association, Phone Number (630) 620-1133
  • Property managed by ACM Community Management

Pet Policy

  • Pets Allowed
  • Pets up to 99 lbs

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Year Built

1986

Lot Details

0

HOA Fees

$281 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Townhouse-2 Story
  • Property Sub Type: Townhouse-2 Story
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Directions: Ogden to Jefferson Go East to 1516
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Jefferson West
  • Special Features: None
  • Year Built: 1986

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 992
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Built-in Features
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Aluminum Siding,Brick
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Street
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ACM Community Management
  • Management Contact Name: Staff
  • Management Phone: 630-620-1133
  • Association Fee: 281
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit

Fee Information

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

Schools

  • Elementary School: Mill Street Elementary School
  • High School: Naperville North High School
  • Junior High Dist: 203
  • Middle Or Junior School: Jefferson Junior High School

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: No
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 2565
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2023
Sold by
Kelly Erin
Bought by
Prabhu Rohan and Prabhu Anagha
Current Estimated Value
$242,477

Purchase Details

Listed on
Nov 27, 2021
Closed on
Dec 21, 2021
Sold by
Caunca Enrique
Bought by
Kelly Erin
Seller's Agent
Jamie Lowe
James Lowe
Buyer's Agent
CC Whitt
J.W. Reedy Realty
List Price
$165,000
Sold Price
$175,000
Premium/Discount to List
$10,000
6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$140,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2006
Sold by
Downers Grove National Bank
Bought by
Caunca Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,584
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac
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
Prabhu Rohan $210,000 First American Title
Kelly Erin $175,000 Chicago Title
Caunca Enrique $151,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Erin $140,000
Previous Owner Caunca Enrique $120,584
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $175,000 +6.1% $176 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/27/2021 11/27/21 For Sale $165,000 -- $166 / 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 -- $59,808 $19,287 $40,521
2023 $2,968 $53,740 $17,330 $36,410
2022 $2,678 $47,450 $15,300 $32,150
2021 $2,573 $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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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11277236

Midwest Real Estate Data (MRED)

APN: 07-23-114-044