$120,000
SOLD AUG 10, 2022
2 Beds
1.5 Baths
885 Sq Ft
$399/mo HOA Fee

Recently Sold

$136 Per Sq Ft

20% Above List Price

1 Day on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Living Room
  • Scott Elementary School Rated A
  • Soaking Tub
  • Resident Manager or Management On Site

About This Home

As of July 2024

*Multiple Offers... Highest & Best due by 7/28 at Noon* Calling all Investors!!! This handyman special is an ideal opportunity to flip as several units have recently sold for over $150,000. What makes this unit so valuable is that laundry is in the building. Many of the condos in the complex have to go to the neighboring building in order to access a laundry room. The unit needs a significant remodel, and the price reflects that. The Association fee includes Pool, Tennis court, heat, gas and water. Great location with 203 School District.

Last Agent to Sell the Property

Rob Hayes

Platinum Partners Realtors License #475153333 Listed on: 07/26/2022

Platinum Partners Realtors

Co-Listed By

Kathleen Hayes

Platinum Partners Realtors License #475184248

Last Buyer's Agent

Rob Hayes

Platinum Partners Realtors License #475153333 Listed on: 07/26/2022

Platinum Partners Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,081

Year Built

  • Built in 1972

HOA Fees

  • $399 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 885 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Soaking Tub

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Scott Elementary School
  • Lincoln Junior High School
  • Naperville Central High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, pool, exterior maintenance, lawn care, scavenger
  • 11 Units
  • Office Staff Association, Phone Number (331) 215-8635
  • Olive Trees Subdivision
  • Property managed by Real Manage

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Additional Features

  • Coin Laundry
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,081

Year Built

Built in 1972

Lot Details

0

HOA Fees

$399 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: Olive Trees
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 885
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 99900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 399
  • Association Amenities: Coin Laundry, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Real Manage
  • Management Contact Name: Office Staff
  • Management Phone: 331-215-8635
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger

Schools

  • Elementary School: Scott Elementary School
  • High School: Naperville Central High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 203

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: 999

Tax Info

  • Tax Annual Amount: 2081.02
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jul 24, 2024
Sold by
Meah Shoaib
Bought by
Roy Mary E and Forth Shawn C
Seller's Agent
Nick Perez
Century 21 Circle
Buyer's Agent
Terry Anderson
john greene, Realtor
List Price
$215,000
Sold Price
$178,500
Premium/Discount to List
-$36,500
-16.98%
Views
104
Current Estimated Value
$189,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,574
Avg. Annual Appreciation
5.47%
Original Mortgage
$133,850
Outstanding Balance
$132,587
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$56,487

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 10, 2022
Sold by
Alhood Investments Llc-Series 154
Bought by
Meah Shoaib
Seller's Agent
Rob Hayes
Platinum Partners Realtors
Buyer's Agent
Rob Hayes
Platinum Partners Realtors
List Price
$99,900
Sold Price
$120,000
Premium/Discount to List
$20,100
20.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.33%

Purchase Details

Closed on
Jun 28, 2018
Sold by
Apex Renovations Inc
Bought by
Alhood Investments Llc

Purchase Details

Closed on
Nov 21, 2017
Sold by
Kean Thomas A and Kean Janet
Bought by
Apex Renovations Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,200
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2011
Sold by
Mccarron Matthew J
Bought by
Kean Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,250
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2002
Sold by
Samsel Richard A and Samsel Billie L
Bought by
Mccarron Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,060
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1999
Sold by
Samsel Richard A
Bought by
Samsel Richard A and Samsel Billie L
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
Warranty Deed $178,500 Citywide Title
Warranty Deed $120,000 Castle Law
Quit Claim Deed -- Greater Illinois Title
Warranty Deed -- Attorney
Warranty Deed $67,500 Citywide Title Corporation
Warranty Deed $98,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,850 New Conventional
Previous Owner $128,050 Commercial
Previous Owner $84,200 Commercial
Previous Owner $47,250 New Conventional
Previous Owner $114,300 Fannie Mae Freddie Mac
Previous Owner $96,420 Unknown
Previous Owner $95,060 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $178,500 -8.5% $202 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $195,000 -4.9% $220 / Sq Ft
06/12/2024 06/12/24 Price Changed $205,000 -4.7% $232 / Sq Ft
06/03/2024 06/03/24 For Sale $215,000 +79.2% $243 / Sq Ft
08/10/2022 08/10/22 Sold $120,000 +20.1% $136 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $99,900 -- $113 / 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 $2,841 $46,370 $4,690 $41,680
2023 $2,750 $42,320 $4,280 $38,040
2022 $2,156 $33,320 $3,370 $29,950
2021 $2,081 $32,060 $3,240 $28,820
2020 $2,038 $31,480 $3,180 $28,300
2019 $1,983 $30,120 $3,040 $27,080
2018 $1,526 $23,170 $2,340 $20,830
2017 $1,497 $22,390 $2,260 $20,130
2016 $1,191 $21,580 $2,180 $19,400
2015 $1,032 $20,320 $2,050 $18,270
2014 $1,096 $20,730 $2,090 $18,640
2013 $1,288 $23,610 $2,380 $21,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11474520

Midwest Real Estate Data (MRED)

APN: 08-32-110-116