NOT LISTED FOR SALE

Cherry Creek Towers 18400 Cherry Creek Dr Unit 511 Homewood, IL 60430

Estimated Value: $125,000 - $192,000

2 Beds
2 Baths
1,100 Sq Ft
$350/mo HOA Fee

Last Sold January 30, 2023

Last sale price $135,000 $123 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,356/month

34 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • 1 Car Detached Garage
  • Homewood-Flossmoor High School Rated A-
  • Elevator
  • Intercom

About This Home

As of January 2023

Beautiful 2-bedroom 2 Full bath condo unit. Unit features spacious family-living and dining room combo with ample space for entertaining. Kitchen includes updated cabinets and all appliances are included with sale. Master Bathroom and Large walk in closet in Spacious Master bedroom. Building offers a secure entrance and updated lobby with intercom system. Each Floor has it's own laundry room with phone application to use the washer/dryer. There is also a one car detached garage. Never miss a visitor, intercom system calls your phone when your guest arrives. Watch the sun rise with a cup of coffee in hand and set on the balcony with a glass of choice. Motivated Seller!

Last Agent to Sell the Property

LaTosha Brown

NowEquity Real Estate License #475178462 Listed on: 11/09/2022

NowEquity Real Estate

Last Buyer's Agent

Artavia Smith

Exit Strategy Realty / EMA Management License #475148812

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1973

Lot Details

  • 2.43

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • Living Room
  • Dining Room
  • Storage Room
  • Intercom

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

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

Schools

  • Homewood-Flossmoor High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, exterior maintenance, lawn care, snow removal
  • 70 Units
  • Tricia Heramb Association, Phone Number (815) 806-9990
  • Property managed by HSR Properties, LLC
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,716

Year Built

Built in 1973

Lot Details

0

HOA Fees

$350 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
  • Year Built: 1973
  • Age: 41-50 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: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Storage, Walk-In Closet(s), Some Carpeting, Lobby
  • LivingArea: 1100
  • Room Type: Storage, Walk In Closet
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 350
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: HSR Properties, LLC
  • Management Contact Name: Tricia Heramb
  • Management Phone: 815-806-9990X140
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • High School: Homewood-Flossmoor High School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1715.56
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 22, 2023
Sold by
Smith Christyle
Bought by
Williams Raynard
Seller's Agent
LaTosha Brown
NowEquity Real Estate
Buyer's Agent
Artavia Smith
Exit Strategy Realty / EMA Management
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Views
46
Current Estimated Value
$151,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,542
Avg. Annual Appreciation
4.11%
Original Mortgage
$130,950
Outstanding Balance
$126,341
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$25,201

Purchase Details

Closed on
Sep 8, 2017
Sold by
Bernard April Payton
Bought by
Smith Christyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,140
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2013
Closed on
Aug 16, 2013
Sold by
Kotlarski Dorothy H
Bought by
Bernard April Payton
Seller's Agent
Gail O'Donnell
Coldwell Banker Residential
Buyer's Agent
Gail O'Donnell
Coldwell Banker Residential
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%

Purchase Details

Closed on
Feb 2, 2001
Sold by
Kotlarski Dorothy
Bought by
Dorothy H Kotlarski Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Raynard $135,000 None Listed On Document
Smith Christyle $62,000 None Available
Bernard April Payton $42,000 Bt
Dorothy H Kotlarski Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Raynard $130,950
Previous Owner Smith Christyle $60,140
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2023 01/30/23 Sold $135,000 -3.5% $123 / Sq Ft
12/15/2022 12/15/22 For Sale $139,900 0.0% $127 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/01/2022 12/01/22 Price Changed $139,900 -4.1% $127 / Sq Ft
11/16/2022 11/16/22 For Sale $145,900 +8.1% $133 / Sq Ft
11/10/2022 11/10/22 Off Market $135,000 -- --
11/10/2022 11/10/22 For Sale $145,900 +8.1% $133 / Sq Ft
11/09/2022 11/09/22 Off Market $135,000 -- --
11/09/2022 11/09/22 For Sale $145,900 +247.4% $133 / Sq Ft
08/27/2013 08/27/13 Sold $42,000 -15.8% $38 / Sq Ft View Prior Sale
08/17/2013 08/17/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $49,900 -- $45 / 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 $2,502 $9,846 $651 $9,195
2023 $1,633 $9,846 $651 $9,195
2022 $1,633 $6,748 $651 $6,097
2021 $1,677 $6,747 $651 $6,096
2020 $1,716 $6,747 $651 $6,096
2019 $864 $5,181 $612 $4,569
2018 $3,184 $6,631 $612 $6,019
2017 $1,535 $6,631 $612 $6,019
2016 $1,475 $5,521 $574 $4,947
2015 $1,418 $5,521 $574 $4,947
2014 $1,415 $5,521 $574 $4,947
2013 $3,586 $8,169 $574 $7,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11669834

Midwest Real Estate Data (MRED)

APN: 31-01-224-011-1059