NOT LISTED FOR SALE

409 S Elmwood Ave Unit 3D Oak Park, IL 60302

Estimated Value: $190,000 - $221,000

2 Beds
1 Bath
-- Sq Ft
$466/mo HOA Fee

Last Sold June 20, 2024

Last sale price $187,000

Est. 11% increase in value since last sale

Current estimated payment $1,728/month

81 Days on Market

Highlights

  • Balcony
  • Cul-De-Sac
  • Intercom
  • Longfellow Elementary School Rated A-
  • 1 Car Attached Garage
  • Resident Manager or Management On Site

About This Home

As of June 2024

Welcome to this charming condo located in the desirable Elmwood Terrace Condo community in Oak Park. Offering a convenient and vibrant lifestyle, this top floor corner unit showcases two bedrooms and one bathroom, providing a perfect space for comfortable living. Step outside onto the private balcony and soak in the picturesque views, perfect for unwinding after a long day or hosting intimate gatherings. Enjoy the pleasant breeze and create lasting memories in this serene outdoor space. Residents of Elmwood Terrace Condo have access to convenient coin laundry facilities within the building. Additionally, this unit offers two dedicated parking spaces, including one indoor and one outdoor spot, making parking a breeze. Nestled in the heart of Oak Park, this home offers easy access to local shops, restaurants, parks, and transportation options. Embrace the vibrant community and enjoy the amenities this location has to offer.

Last Agent to Sell the Property

Sheila Doyle

Baird & Warner License #475123372 Listed on: 04/19/2024

Baird & Warner

Co-Listed By

Angela Lee

Baird & Warner License #475201314

Last Buyer's Agent

Lisa Evans

Compass License #475185433

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,625

Lot Details

  • 8,538

HOA Fees

  • $466 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Longfellow Elementary School
  • Percy Julian Middle School
  • Oak Park & River Forest High Sch

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Cul-De-Sac

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, lawn care, exterior maintenance, snow removal
  • 10 Units
  • Mastercare Association
  • Low-Rise Condominium
  • Property managed by MASTERCARE

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Additional Features

  • Coin Laundry
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,625

Lot Details

0

HOA Fees

$466 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 187000
  • Lot Features: Cul-De-Sac
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned
  • ParkingTotal: 2
  • Driveway: Concrete,Side Drive
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 466
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: MASTERCARE
  • Management Contact Name: MASTERCARE
  • Management Phone: 555-555-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Longfellow Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Percy Julian Middle School
  • Middle/Junior School District: 97

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 2625.49
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 18, 2024
Sold by
Cho Young Hee
Bought by
Baker Eliza and Baker Joshua G
Seller's Agent
Sheila Doyle
Baird & Warner
Buyer's Agent
Lisa Evans
Compass
List Price
$180,000
Sold Price
$187,000
Premium/Discount to List
$7,000
3.89%
Views
121
Current Estimated Value
$207,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,874
Avg. Annual Appreciation
8.41%
Original Mortgage
$112,200
Outstanding Balance
$110,798
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$97,076

Purchase Details

Listed on
Jul 17, 2012
Closed on
Mar 18, 2013
Sold by
Robinet Linda A
Bought by
Cho Young Hee
Seller's Agent
Michael Nowicki
Ideal Location Oak Park RE
Buyer's Agent
Young Suk Lee
Core Realty & Investments, Inc
List Price
$129,000
Sold Price
$112,000
Premium/Discount to List
-$17,000
-13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$50,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2002
Sold by
Oquinn Toyia
Bought by
Robinet Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.18%

Purchase Details

Closed on
Apr 14, 1994
Sold by
Clark Blanche
Bought by
Oquinn Toyia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,775
Interest Rate
7.84%
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
Baker Eliza $187,000 None Listed On Document
Cho Young Hee $112,000 Stewart Title Company
Robinet Linda A $145,000 Prairie Title
Oquinn Toyia M $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Eliza $112,200
Previous Owner Cho Young Hee $50,000
Previous Owner Robinet Linda A $105,000
Previous Owner Oquinn Toyia M $62,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2024 06/20/24 Sold $187,000 0.0% --
05/01/2024 05/01/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $187,000 -6.0% --
04/20/2024 04/20/24 Price Changed $199,000 +10.6% --
02/09/2024 02/09/24 For Sale $180,000 +60.7% --
03/18/2013 03/18/13 Sold $112,000 -13.2% -- View Prior Sale
01/31/2013 01/31/13 Pending -- -- --
07/17/2012 07/17/12 For Sale $129,000 -- --
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 $1,950 $13,558 $1,295 $12,263
2023 $2,369 $13,558 $1,295 $12,263
2022 $2,369 $13,012 $925 $12,087
2021 $2,625 $13,011 $925 $12,086
2020 $3,617 $13,011 $925 $12,086
2019 $2,771 $10,651 $832 $9,819
2018 $3,743 $13,571 $832 $12,739
2017 $4,908 $16,964 $832 $16,132
2016 $3,710 $11,716 $693 $11,023
2015 $3,279 $11,716 $693 $11,023
2014 $3,926 $11,716 $693 $11,023
2013 $3,267 $12,668 $693 $11,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11977800

Midwest Real Estate Data (MRED)

APN: 16-07-422-030-1010