NOT LISTED FOR SALE

Residences of Thatcher Woods 1650 Riverwoods Dr Unit 506 Melrose Park, IL 60160

North Maywood Neighborhood

Estimated Value: $265,000 - $286,281

2 Beds
2 Baths
1,374 Sq Ft
$681/mo HOA Fee

Last Sold March 21, 2023

Last sale price $230,000 $167 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,548/month

30 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Party Room
  • Lock-and-Leave Community
  • Community Indoor Pool
  • 2-minute walk to Sunset Bridge Meadow

About This Home

As of March 2023

Located in the gated community of Thatcher Woods, you can enjoy the beautiful tree-top views from this 5th-floor end unit. The front entry welcomes you into this desirable, light-filled, two-bedroom floor plan. Sharp kitchen complete with granite counters, stainless steel appliances, 42 in cabinetry, and hardwood flooring that flows into the open-concept dining area and living room. The glass door to the south-facing balcony is conveniently located between these two spaces making it a very easy transition for grilling and dining. The spacious primary suite has wood laminate flooring, a generous walk-in closet, and a private bath. The second bedroom has western exposure and is just a few feet away from the central full bath. In-unit laundry, storage, location and... two parking spaces! One space is located in the heated parking garage while the other is right outside the front door, literally!!! Separate pin for the outdoor space. Some of the amenities include a clubhouse with an indoor heated pool and an exercise room.

Last Agent to Sell the Property

Sondra Savino

Compass License #475142425 Listed on: 01/18/2023

Compass

Last Buyer's Agent

Leslee Smith

Berkshire Hathaway HomeServices Chicago License #475201333

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 2005

Lot Details

  • 1.16

HOA Fees

  • $681 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,374 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Schools

  • Jane Addams Elementary School
  • Proviso East High School

Utilities

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

Additional Features

  • Balcony
  • Additional Parcels

Community Details

Overview

  • Association fees include heat, water, gas, insurance, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, internet
  • 60 Units
  • Gina Mincy Association, Phone Number (773) 572-0880
  • Thatcher Woods Subdivision
  • Property managed by Westward 360
  • Lock-and-Leave Community
  • 7-Story Property

Amenities

  • Party Room

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Park

Pet Policy

  • Pets up to 40 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,126

Year Built

Built in 2005

Lot Details

0

HOA Fees

$681 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Thatcher Woods
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • AttributionContact: (224) 699-5002
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1374
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Walk In Closet, Foyer
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • 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: 239000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Association Fee: 681
  • Association Amenities: Exercise Room, Park, Party Room, Indoor Pool, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360
  • Management Contact Name: Gina Mincy
  • Management Phone: 773-572-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Internet

Schools

  • Elementary School: Jane Addams Elementary School
  • High School: Proviso East High School
  • Middle/Junior School District: 89

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 4126.48
  • Tax Year: 2021

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 1, 2023
Sold by
Lane Kelvin
Bought by
Galimore Stacie R
Seller's Agent
Sondra Savino
Compass
Buyer's Agent
Leslee Smith
Berkshire Hathaway HomeServices Chicago
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%
Views
76
Current Estimated Value
$276,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,070
Avg. Annual Appreciation
10.02%
Original Mortgage
$218,500
Outstanding Balance
$212,858
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$76,920

Purchase Details

Listed on
Nov 11, 2016
Closed on
Jan 29, 2017
Sold by
Liu Shanshan and Urani Maria A
Bought by
Lane Kelvin
Seller's Agent
Paulette Rebeck
Coldwell Banker Realty
Buyer's Agent
Paulette Rebeck
Coldwell Banker Realty
List Price
$158,900
Sold Price
$152,500
Premium/Discount to List
-$6,400
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$144,875
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Galimore Stacie R $230,000 Chicago Title
Lane Kelvin $152,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galimore Stacie R $218,500
Previous Owner Lane Kelvin $144,875
Previous Owner Liu Shanshan $137,869
Closed Galimore Stacie R $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $230,000 -3.8% $167 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $239,000 +56.7% $174 / Sq Ft
01/31/2017 01/31/17 Sold $152,500 -4.0% $111 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
11/11/2016 11/11/16 For Sale $158,900 -- $116 / 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 $4,340 $20,806 $639 $20,167
2023 $2,388 $20,805 $638 $20,167
2022 $2,388 $11,486 $593 $10,893
2021 $3,433 $11,485 $592 $10,893
2020 $3,340 $11,485 $592 $10,893
2019 $3,628 $11,653 $547 $11,106
2018 $3,598 $11,653 $547 $11,106
2017 $3,520 $11,653 $547 $11,106
2016 $3,983 $12,960 $501 $12,459
2015 $3,910 $12,960 $501 $12,459
2014 $3,036 $12,960 $501 $12,459
2013 $3,489 $15,653 $501 $15,152
Source: Public Records

Agents Affiliated with this Home

  • Sondra Savino

    Seller's Agent in 2023

    Sondra Savino

    Compass

    (708) 790-6416

    2 in this area

    198 Total Sales

    Sondra Savino
    Section Image

  • L

    Buyer's Agent in 2023

    Leslee Smith

    Berkshire Hathaway HomeServices Chicago

    (708) 751-1171

    1 in this area

    10 Total Sales

    Leslee Smith
    Section Image

  • P

    Seller's Agent in 2017

    Paulette Rebeck

    Coldwell Banker Realty

    Section Image
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About Residences of Thatcher Woods

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11702899

Midwest Real Estate Data (MRED)

APN: 15-02-200-069-1036

Illinois Cook County Melrose Park 60160 North Maywood

1650 Riverwoods Dr Unit 506, Melrose Park, IL

This home is located at 1650 Riverwoods Dr Unit 506, Melrose Park, IL 60160 since 18 January 2023 and is currently estimated at $276,070, approximately $200 per square foot. This property was built in 2005. 1650 Riverwoods Dr Unit 506 is a home located in Cook County with nearby schools including Jane Addams Elementary School, Stevenson Middle School, and Proviso East High School.

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