NOT LISTED FOR SALE

408 Ridge Ave Unit 22-1 Evanston, IL 60202

Oakton Neighborhood

Estimated Value: $158,000 - $171,000

1 Bed
1 Bath
800 Sq Ft
$289/mo HOA Fee

Last Sold September 29, 2023

Last sale price $136,000 $170 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,434/month

3 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Laundry Room
  • Chute Middle School Rated 9+
  • Living Room
  • 5-minute walk to Ridgeville Park and Community House

About This Home

As of September 2023

Enter the St Francis Courts mid-rise building to a beautifully landscaped courtyard. This well maintained vintage condo boasts hardwood floors and oak trim throughout and good natural light. Spacious living room, with a large closet transformed into a convenient office. Enjoy gatherings with a separate formal dining room. Kitchen has great granite counter space, cabinetry space and updates SS appliances. Easy parking and a well-managed building. Laundry is just down one flight of steps. Investor friendly. No rental cap. Close to various parks, schools, and 1 mile to Evanston South Beach. Welcome Home!

Last Agent to Sell the Property

Joshua Cantres

HomeSmart Connect LLC License #475194606 Listed on: 09/07/2023

HomeSmart Connect LLC

Last Buyer's Agent

Colette Connelly

Compass License #475132938

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1920

Lot Details

  • 1.01

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

  • Oakton Elementary School
  • Chute Middle School
  • Evanston Twp High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 72 Units
  • Rebecca Wales Association, Phone Number (847) 324-8903
  • Property managed by Cagan Management- Sheridan South

Amenities

  • Common Area
  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,505

Year Built

Built in 1920

Lot Details

0

HOA Fees

$289 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: 1920
  • Age: 100+ 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: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Bookcases, Separate Dining Room
  • LivingArea: 800
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 148000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 289
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cagan Management- Sheridan South
  • Management Contact Name: Rebecca Wales
  • Management Phone: 847-324-8903
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Oakton Elementary School
  • High School: Evanston Twp High School
  • Middle/Junior School: Chute Middle School
  • Middle/Junior School District: 65

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 800
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1504.81
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Sep 27, 2023
Sold by
Ultreras Javier and Ultreras Jessica
Bought by
Wortmann Justin David
Seller's Agent
Joshua Cantres
HomeSmart Connect LLC
Buyer's Agent
Colette Connelly
Compass
List Price
$148,000
Sold Price
$136,000
Premium/Discount to List
-$12,000
-8.11%
Views
23
Current Estimated Value
$164,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,529
Avg. Annual Appreciation
10.20%
Original Mortgage
$102,000
Outstanding Balance
$100,043
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$64,486

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 22, 2021
Sold by
Vakil Kayvon M
Bought by
Ultreras Javier
Seller's Agent
Mark Nesci
Baird & Warner
Buyer's Agent
Greg Chiakulas
Main Street Real Estate Group
List Price
$130,000
Sold Price
$122,500
Premium/Discount to List
-$7,500
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Purchase Details

Listed on
Feb 23, 2019
Closed on
Jun 13, 2019
Sold by
Benitez Jacqueline L
Bought by
Vakil Kayvon M
Seller's Agent
Jen Fay
RE/MAX PREMIER
Buyer's Agent
Mark Nesci
Compass
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$114,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2002
Sold by
Weinstein Anita I
Bought by
Benitez Jacqueline L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.26%
Source: Public Records

Range of Values:

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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
Wortmann Justin David $136,000 None Listed On Document
Ultreras Javier -- --
Ultreras Javier -- --
Vakil Kayvon M $120,000 Jp Title Guaranty Inc
Benitez Jacqueline L $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wortmann Justin David $102,000
Previous Owner Vakil Kayvon M $114,000
Previous Owner Benitez Jacqueline L $89,100
Previous Owner Benitez Jacqueline L $27,000
Previous Owner Benitez Jacqueline L $17,000
Previous Owner Benitez Jacqueline L $17,000
Previous Owner Benitez Jacqueline L $109,500
Previous Owner Benitez Jacqueline L $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $136,000 -8.1% $170 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $148,000 +20.8% $185 / Sq Ft
12/22/2021 12/22/21 Sold $122,500 -5.8% $163 / Sq Ft
10/29/2021 10/29/21 For Sale $130,000 +8.3% $173 / Sq Ft
06/19/2019 06/19/19 Sold $120,000 -4.0% --
05/10/2019 05/10/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $125,000 -- --
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 $3,214 $13,104 $1,042 $12,062
2023 $3,083 $13,104 $1,042 $12,062
2022 $3,083 $13,104 $1,042 $12,062
2021 $2,736 $10,173 $822 $9,351
2020 $2,699 $10,173 $822 $9,351
2019 $2,684 $11,307 $822 $10,485
2018 $2,681 $9,659 $685 $8,974
2017 $2,611 $9,659 $685 $8,974
2016 $2,720 $10,611 $685 $9,926
2015 $1,421 $7,850 $575 $7,275
2014 $1,423 $7,850 $575 $7,275
2013 $1,550 $8,522 $575 $7,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11860424

Midwest Real Estate Data (MRED)

APN: 11-30-106-039-1065