NOT LISTED FOR SALE

18204 Exchange Ave Unit 7 Lansing, IL 60438

Estimated Value: $53,000 - $66,849

1 Bed
1 Bath
750 Sq Ft
$175/mo HOA Fee

Last Sold July 24, 2023

Last sale price $50,000 $67 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $574/month

67 Days on Market

Highlights

  • Living Room
  • Central Air
  • Family Room
  • Laundry Room
  • Dining Room
  • 4-minute walk to Oakley Playlot

About This Home

As of July 2023

One bedroom/one bathroom condo in a quiet building with a spacious 5x17 private, covered patio. Newer windows. Assigned parking space included. Close to Metra, parks, shopping and dining. Home is being sold as-is.

Last Agent to Sell the Property

Jaeh Korwitts

Compass License #475174240 Listed on: 04/11/2023

Compass

Last Buyer's Agent

Jaeh Korwitts

Compass License #475174240 Listed on: 04/11/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1968

Lot Details

  • 0.35

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 750 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Oak Glen Elementary School
  • Memorial Junior High School
  • Thornton Fractnl So High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger
  • 8 Units
  • Melanie Ellingham Association, Phone Number (708) 474-0500
  • Fernwood Ridge Subdivision
  • Property managed by RY Properties

Amenities

  • Coin Laundry

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,465

Year Built

Built in 1968

Lot Details

0

HOA Fees

$175 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: Fernwood Ridge
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 750
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 58000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 175
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: RY Properties
  • Management Contact Name: Melanie Ellingham
  • Management Phone: 708-474-0500
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Oak Glen Elementary School
  • High School: Thornton Fractnl So High School
  • Middle/Junior School: Memorial Junior High School
  • Middle/Junior School District: 158

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2465
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Jul 14, 2023
Sold by
Fernwood Condominium Association
Bought by
Mccabe Terrence
Seller's Agent
Jaeh Korwitts
Compass
Buyer's Agent
Jaeh Korwitts
Compass
List Price
$58,000
Sold Price
$50,000
Premium/Discount to List
-$8,000
-13.79%
Total Days on Market
67
Views
132
Current Estimated Value
$60,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,616
Avg. Annual Appreciation
10.66%

Purchase Details

Closed on
Apr 1, 2009
Sold by
Household Finance Corporation Iii
Bought by
Fernwood Ridge Condominium Association

Purchase Details

Closed on
Oct 17, 2008
Sold by
Carter Avian D
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
Aug 14, 2003
Sold by
Orel John M and Orel Sherry R
Bought by
Carter Avian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
7.54%
Mortgage Type
Unknown
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
Mccabe Terrence $50,000 None Listed On Document
Fernwood Ridge Condominium Association $14,000 Forum Title Insurance Co
Household Finance Corp Iii -- None Available
Carter Avian D $52,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Avian D $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $50,000 -13.8% $67 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $58,000 0.0% $77 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $58,000 -- $77 / 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 $2,120 $4,383 $662 $3,721
2023 $2,534 $4,382 $661 $3,721
2022 $2,534 $3,901 $584 $3,317
2021 $2,465 $3,899 $583 $3,316
2020 $2,288 $3,899 $583 $3,316
2019 $1,897 $3,332 $544 $2,788
2018 $1,862 $3,332 $544 $2,788
2017 $1,880 $3,332 $544 $2,788
2016 $1,661 $3,038 $505 $2,533
2015 $1,543 $3,038 $505 $2,533
2014 $1,522 $3,038 $505 $2,533
2013 $1,657 $3,679 $505 $3,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11752432

Midwest Real Estate Data (MRED)

APN: 30-31-323-043-1007