NOT LISTED FOR SALE

1S085 Spring Rd Unit 2D Oakbrook Terrace, IL 60181

Estimated Value: $250,000 - $273,000

2 Beds
2 Baths
1,164 Sq Ft
$407/mo HOA Fee

Last Sold June 30, 2022

Last sale price $192,000 $165 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,108/month

4 Days on Market

Highlights

  • Community Pool
  • 1 Car Detached Garage
  • Entrance Foyer
  • Stella May Swartz Elementary School Rated A-
  • Resident Manager or Management On Site
  • Central Air

About This Home

As of June 2022

Spacious 2 Bedroom 2 Bath Second Floor Unit in Arbor 40. All Rooms have been freshly painted in neutral tones. New carpeting just installed. Generous room sizes. Master Bedroom suite with private bath. Large covered balconies have access from the Living Room, Dining Room and Kitchen. Gas Fireplace in the Living Room. Coin Laundry and storage locker on the same floor. HOA includes Gas/Water/Exterior Landscaping. Pool in the complex. Detached 1 Car Garage and 1 Exterior Space included. No elevator in this building. You can't beat the location! Close proximity to Drury Lane, Oak Brook Shopping/Restaurants, Lifetime Fitness, Movie Theater, and much more!

Last Agent to Sell the Property

Mary Braatz

RE/MAX Enterprises License #471001728 Listed on: 05/10/2022

RE/MAX Enterprises

Last Buyer's Agent

Patricia Massey-DiVenere

Berkshire Hathaway HomeServices Chicago License #471009511

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1973

Lot Details

  • 5.39

HOA Fees

  • $407 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,164 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Salt Creek Elementary School
  • John E Albright Middle School
  • Willowbrook High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Jim Sarther Association, Phone Number (630) 627-3303
  • Arbor 40 Subdivision, 2 Bedroom Floorplan
  • Property managed by Hillcrest

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Dogs and Cats Allowed

Additional Features

  • Coin Laundry
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,894

Year Built

Built in 1973

Lot Details

0

HOA Fees

$407 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: Arbor 40
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access,Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 1164
  • Room Type: Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 407
  • Association Amenities: Coin Laundry, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Hillcrest
  • Management Contact Name: JIm Sarther
  • Management Phone: 630-627-3303
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Salt Creek Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: John E Albright Middle School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 20

Tax Info

  • Tax Annual Amount: 3893.82
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 27, 2022
Sold by
Elizabeth Rensberger Special Needs Trust
Bought by
Divenere Nicholas
Seller's Agent
Mary Braatz
RE/MAX Enterprises
Buyer's Agent
Patricia Massey-DiVenere
Berkshire Hathaway HomeServices Chicago
List Price
$200,000
Sold Price
$192,000
Premium/Discount to List
-$8,000
-4%
Current Estimated Value
$263,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,323
Avg. Annual Appreciation
9.25%
Original Mortgage
$186,240
Outstanding Balance
$177,201
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$86,122

Purchase Details

Closed on
May 28, 2019
Sold by
Mara Erin
Bought by
Mara Erin and Elizabeth Rensberger Special Needs Trust

Purchase Details

Closed on
Jun 4, 2015
Sold by
Rensberger Shiela F
Bought by
Rensberger Shiela F and The Shiela F Rensberger Revocable Trust

Purchase Details

Closed on
Feb 7, 2010
Sold by
Rensberger John H and Rensberger Shiela F
Bought by
Revocable Living Trust Of Rensberger Fam

Purchase Details

Closed on
Apr 30, 1998
Sold by
Olson Susan and Sullivan Susan
Bought by
Rensberger John H and Rensberger Shiela F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1993
Sold by
Oak Brook Bank
Bought by
Sullivan Susan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Divenere Nicholas $192,000 New Title Company Name
Mara Erin -- Attorney
Rensberger Shiela F -- None Available
Revocable Living Trust Of Rensberger Fam -- None Available
Rensberger John H $130,000 Premier Title Company
Sullivan Susan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divenere Nicholas $186,240
Previous Owner Rensberger John H $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $192,000 -1.5% $165 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/10/2022 05/10/22 Price Changed $195,000 -2.5% $168 / Sq Ft
05/10/2022 05/10/22 For Sale $200,000 -- $172 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,649 $77,504 $7,754 $69,750
2023 $3,716 $71,670 $7,170 $64,500
2022 $3,868 $75,890 $7,590 $68,300
2021 $3,894 $74,000 $7,400 $66,600
2020 $3,802 $72,380 $7,240 $65,140
2019 $3,648 $68,810 $6,880 $61,930
2018 $2,347 $44,820 $4,490 $40,330
2017 $2,293 $42,710 $4,280 $38,430
2016 $2,156 $40,230 $4,030 $36,200
2015 $1,753 $37,470 $3,750 $33,720
2014 $1,869 $38,340 $3,840 $34,500
2013 $2,549 $50,490 $5,050 $45,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11399847

Midwest Real Estate Data (MRED)

APN: 06-23-110-029