NOT LISTED FOR SALE

405 Lathrop Ave Unit 1C River Forest, IL 60305

Estimated Value: $164,000 - $182,000

1 Bed
1 Bath
720 Sq Ft
$243/mo HOA Fee

Last Sold October 18, 2024

Last sale price $170,000 $236 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,424/month

5 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Laundry Room
  • Lincoln Elementary School Rated A
  • Living Room
  • Central Air

About This Home

As of October 2024

Discover the charm and comfort of this beautifully updated one-bedroom condo in the highly sought-after River Forest neighborhood. Step inside to find a spacious open floor plan that seamlessly connects the living and dining areas, adorned with stunning hardwood floors. The generous bedroom boasts a roomy closet, providing ample storage space. The modern kitchen features sleek granite countertops, stainless steel appliances, 42-inch cabinetry, and a breakfast bar with a built-in wine fridge-perfect for entertaining or casual dining. The newly renovated bathroom is equipped with elegant glass shower doors, adding a touch of luxury to your daily routine. This unit has new central air conditioner. Convenient parking with two tandem spaces right underneath your unit. In building laundry facilities. You'll love the location, just a short walk to downtown River Forest, Oak Park, and Forest Park, where various shopping and dining options await. With easy access to transportation via the Metra, Green Line, or Blue Line, commuting to the city is a breeze. Don't miss this opportunity to own a well-appointed condo in a vibrant and connected community!

Last Agent to Sell the Property

Laura Garcia

Compass License #475146684 Listed on: 09/24/2024

Compass

Last Buyer's Agent

Anita DiMarca

Coldwell Banker Realty License #475187933

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1959

Lot Details

  • 0.44

HOA Fees

  • $243 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 720 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Lincoln Elementary School
  • Oak Park & River Forest High Sch

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 22 Units
  • Lauren Cagney Association, Phone Number (630) 941-0135
  • Property managed by Real Estate Investors

Amenities

  • Laundry Facilities

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,683

Year Built

Built in 1959

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1959
  • Age: 61-70 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom
  • LivingArea: 720
  • 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
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 243
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Real Estate Investors
  • Management Contact Name: Lauren Cagney
  • Management Phone: 630-941-0135
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2683
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Oct 10, 2024
Sold by
Luis E Garcia Trust and Garcia Luis E
Bought by
Schroeder Phillip C
Seller's Agent
Laura Garcia
Compass
Buyer's Agent
Anita DiMarca
Coldwell Banker Realty
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$173,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,775
Avg. Annual Appreciation
1.88%
Original Mortgage
$105,000
Outstanding Balance
$102,495
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$71,280

Purchase Details

Closed on
May 5, 2019
Sold by
Garcia Luis E
Bought by
Garcia Luis E and Luis E Garcia Trust

Purchase Details

Closed on
Jun 15, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Garcia Luis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2013
Sold by
Garcia Luis
Bought by
Chicago Title Land Trust Company and Trust #8002363587

Purchase Details

Closed on
Nov 13, 2009
Sold by
Trujillo Diana
Bought by
Garcia Luis

Purchase Details

Closed on
Feb 28, 2001
Sold by
Siriano Anthony M
Bought by
Garcia Luis E and Trujillo Diana

Purchase Details

Closed on
Dec 21, 2000
Sold by
Flores Jennifer
Bought by
Siriano Anthony M

Purchase Details

Closed on
Mar 30, 2000
Sold by
Manata Frank J and Manata Gloria J
Bought by
Siriano Anthony M and Flores Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
10.2%

Purchase Details

Closed on
Aug 15, 1996
Sold by
Mccormack Adriana and Iglesias Adriana
Bought by
Manata Frank J and Manata Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
8.27%

Purchase Details

Closed on
May 16, 1994
Sold by
Helmke John E C
Bought by
Iglesias Adriana

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
8.48%
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
Schroeder Phillip C $170,000 None Listed On Document
Garcia Luis E -- Fidelity National Title
Garcia Luis E -- Chicago Title Insurance
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Garcia Luis -- None Available
Garcia Luis E $81,000 Chicago Title Insurance Co
Siriano Anthony M -- Chicago Title Insurance Co
Siriano Anthony M $73,000 --
Manata Frank J $65,000 Attorneys Natl Title Network
Iglesias Adriana $52,500 Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Phillip C $105,000
Previous Owner Garcia Luis E $67,500
Previous Owner Siriano Anthony M $58,400
Previous Owner Manata Frank J $58,500
Previous Owner Iglesias Adriana $47,250
Closed Siriano Anthony M $14,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $170,000 +0.1% $236 / Sq Ft
09/26/2024 09/26/24 For Sale $169,900 0.0% $236 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $169,900 -- $236 / 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 $3,219 $11,760 $842 $10,918
2023 $2,683 $11,760 $842 $10,918
2022 $2,683 $8,309 $1,429 $6,880
2021 $2,583 $8,307 $1,428 $6,879
2020 $2,524 $8,307 $1,428 $6,879
2019 $2,071 $6,671 $1,291 $5,380
2018 $1,961 $6,671 $1,291 $5,380
2017 $1,953 $6,671 $1,291 $5,380
2016 $1,964 $6,105 $1,076 $5,029
2015 $1,929 $6,105 $1,076 $5,029
2014 $1,767 $6,105 $1,076 $5,029
2013 $2,674 $9,477 $1,076 $8,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12160563

Midwest Real Estate Data (MRED)

APN: 15-12-219-036-1003