NOT LISTED FOR SALE

4309 W Park Lane Dr Unit 1B Alsip, IL 60803

Estimated Value: $127,000 - $152,000

2 Beds
2 Baths
-- Sq Ft
$201/mo HOA Fee

Last Sold May 31, 2019

Last sale price $75,500

Est. 84% increase in value since last sale

Current estimated payment $1,157/month

68 Days on Market

Highlights

  • Main Floor Bedroom
  • Breakfast Bar
  • Entrance Foyer
  • Stainless Steel Appliances
  • Patio
  • Bathroom on Main Level

About This Home

As of May 2019

Beautifully updated 2 bedroom, 1.1 bathroom main level condo in Alsip! Updated flooring throughout includes luxury vinyl plank and newer tile in kitchen & baths! Freshly painted! The kitchen is complete with modern white raised panel cabinets with brushed nickel hardware, granite counters, and stainless steel appliances! Large master bedroom with 1/2 bath! The hallway full bath includes modern vanity & subway tiled shower with glass tile decorative inlays! Newer fixtures, newer A/C wall unit, white trim & door package, 2 private decks. HOA fee includes water bill! New roof on building 2017, new gutters in 2018! 2 assigned parking spots, laundry/storage/party room in basement all redone in 2018!

Last Agent to Sell the Property

Tim Sherry

Crosstown Realtors, Inc. License #475140818 Listed on: 02/15/2019

Crosstown Realtors, Inc.

Last Buyer's Agent

Kimberly Neill

Real Broker, LLC License #475155768

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,190

Year Built | Renovated

  • 1975 | 2014

Lot Details

  • 0.35

HOA Fees

  • $201 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Additional Features

  • Entrance Foyer
  • Patio
  • Property is near a bus stop

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,190

Year Built | Renovated

1975 | 2014

Lot Details

0

HOA Fees

$201 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Interstate Access
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2014
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1975
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1975
  • Year Renovated: 2014

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 4
  • Living Room: Dimensions: 20X12, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 15X9, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 1 Name: Foyer, Dimensions: 9X7, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry, Park/Playground, Party Room
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 201
  • Management Contact Name: Susan White
  • Management Phone: 708-945-0692

Fee Information

  • Management Company: Self Managed

Schools

  • School District: 218
  • Junior High Dist: 126

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 24274001301002

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 3816.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
May 21, 2019
Sold by
Velasquez Jorge A and Velasquez Kelli
Bought by
Lagunas Martha
Seller's Agent
Tim Sherry
Crosstown Realtors, Inc.
Buyer's Agent
Kimberly Neill
Real Broker, LLC
List Price
$84,900
Sold Price
$75,500
Premium/Discount to List
-$9,400
-11.07%
Current Estimated Value
$138,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,162
Avg. Annual Appreciation
10.30%
Original Mortgage
$73,235
Outstanding Balance
$65,532
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$71,191

Purchase Details

Closed on
Mar 2, 2018
Sold by
Velasquez Jorge A
Bought by
Velasquez Jorge A and Velasquez Margaret K

Purchase Details

Listed on
Apr 6, 2013
Closed on
Jun 24, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Velasquez Jorge
Seller's Agent
LaShandria Sanderson
Redfin Corporation
Buyer's Agent
Chris Fischer
Crosstown Realtors, Inc.
List Price
$19,900
Sold Price
$19,000
Premium/Discount to List
-$900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%

Purchase Details

Closed on
Nov 6, 2012
Sold by
Madallah Mohannad S
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 28, 2004
Sold by
4309 Park Lane Condominium Corp
Bought by
Madallah Mohanned S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.78%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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
Lagunas Martha $75,500 Fidelity National Title
Velasquez Jorge A -- None Available
Velasquez Jorge $19,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Madallah Mohanned S $102,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagunas Martha $73,235
Previous Owner Madallah Mohammad S $107,000
Previous Owner Madallah Mohannad S $102,000
Previous Owner Madallah Mohanned S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $75,500 -5.5% --
04/24/2019 04/24/19 Pending -- -- --
04/03/2019 04/03/19 Price Changed $79,900 -3.2% --
03/15/2019 03/15/19 Price Changed $82,500 -2.8% --
02/15/2019 02/15/19 For Sale $84,900 +346.8% --
07/17/2013 07/17/13 Sold $19,000 -4.5% --
06/04/2013 06/04/13 For Sale $19,900 0.0% --
05/31/2013 05/31/13 Pending -- -- --
05/08/2013 05/08/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $19,900 +4.7% --
04/08/2013 04/08/13 Off Market $19,000 -- --
04/06/2013 04/06/13 For Sale $19,900 -- --
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 $2,190 $9,926 $701 $9,225
2023 $1,121 $9,926 $701 $9,225
2022 $1,121 $6,213 $1,019 $5,194
2021 $1,101 $6,212 $1,019 $5,193
2020 $2,346 $6,212 $1,019 $5,193
2019 $3,542 $9,043 $923 $8,120
2018 $3,789 $10,048 $923 $9,125
2017 $3,816 $10,048 $923 $9,125
2016 $2,280 $5,881 $764 $5,117
2015 $2,262 $5,881 $764 $5,117
2014 $2,184 $5,881 $764 $5,117
2013 $1,389 $6,675 $764 $5,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10274053

Midwest Real Estate Data (MRED)

APN: 24-27-400-130-1002