NOT LISTED FOR SALE

437 N Lombard Ave Unit 3 Oak Park, IL 60302

Estimated Value: $133,000 - $167,000

1 Bed
1 Bath
632 Sq Ft
$205/mo HOA Fee

Last Sold October 10, 2014

Last sale price $71,000 $112 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,381/month

116 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • East or West Exposure
  • Whittier Elementary School Rated A
  • Hot Water Heating System

About This Home

As of October 2014

VINTAGE OAK PARK 1 BEDROOM 1 BATH CONDO, WITH NICE HARDWOOD FLOORS. LOCATED IN A GREAT RESIDENTIAL NEIGHBORHOOD NEAR MAJOR STREETS, METRA AND PUBLIC TRANSPORTATION. MINUTES FROM NEIGHBORHOOD PARKS. EASY STREET PARKING WITH VILLAGE PERMIT. THIS IS A FANNIE MAE PROPERTY, GREAT OPPORTUNITY!!.

Last Agent to Sell the Property

Adam Wavrunek

Domain Realty License #471013415 Listed on: 05/12/2014

Last Buyer's Agent

John Teichman

RE/MAX Suburban License #475143340

RE/MAX Suburban

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,331

Year Built

  • 1928

Lot Details

  • 0.59

HOA Fees

  • $205 per month

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • North or South Exposure
  • East or West Exposure

Community Details

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,331

Year Built

1928

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1928
  • Type Attached: Condo, Vintage
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1928

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 3
  • Living Room: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 10X16, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 9X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 632

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Storms/Screens
  • Exposure: N (North), E (East), W (West)

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets
  • Common Area Amenities: Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 205
  • Management Contact Name: LAURA
  • Management Phone: 708-386-7355

Fee Information

  • Management Company: M&M PROPERTY MANAGEMENT COMAPNY

Schools

  • School District: 200
  • Elementary School: WHITTIER ELEMENTARY SCHOOL
  • Middle School: GWENDOLYN BROOKS MIDDLE SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 16081020221033

Multi Family

  • Total Number Unitsin Building: 51
  • Number Stories: 3

Tax Info

  • Taxes: 2751.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2014
Closed on
Oct 9, 2014
Sold by
Fannie Mae
Bought by
Bogan Colin A and Bogan Sarah H
Seller's Agent
Adam Wavrunek
Domain Realty
Buyer's Agent
John Teichman
RE/MAX Suburban
List Price
$72,900
Sold Price
$71,000
Premium/Discount to List
-$1,900
-2.61%
Current Estimated Value
$148,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,956
Avg. Annual Appreciation
7.05%
Original Mortgage
$53,250
Outstanding Balance
$41,451
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$107,203

Purchase Details

Closed on
Apr 8, 2014
Sold by
Wright Jonathan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 28, 2005
Sold by
Fox Partners Lp
Bought by
Wright Jonathan and Wright Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,220
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
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
Bogan Colin A $71,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Wright Jonathan $152,000 Prairie Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogan Colin A $53,250
Previous Owner Wright Jonathan $121,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $71,000 -2.6% $112 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $72,900 0.0% $115 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/18/2014 08/18/14 Price Changed $72,900 -8.8% $115 / Sq Ft
07/01/2014 07/01/14 Price Changed $79,900 -4.8% $126 / Sq Ft
06/17/2014 06/17/14 Price Changed $83,900 -6.7% $133 / Sq Ft
05/12/2014 05/12/14 For Sale $89,900 -- $142 / 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 $4,331 $13,284 $599 $12,685
2023 $4,015 $13,284 $599 $12,685
2022 $4,015 $10,457 $680 $9,777
2021 $3,913 $10,456 $679 $9,777
2020 $3,817 $10,456 $679 $9,777
2019 $3,349 $8,730 $622 $8,108
2018 $3,224 $8,730 $622 $8,108
2017 $3,153 $8,730 $622 $8,108
2016 $3,401 $8,450 $518 $7,932
2015 $3,047 $8,450 $518 $7,932
2014 $1,971 $8,450 $518 $7,932
2013 $2,708 $10,952 $518 $10,434
Source: Public Records

Agents Affiliated with this Home

  • Adam Wavrunek

    Seller's Agent in 2014

    Adam Wavrunek

    Domain Realty

    (773) 235-9142

    2 in this area

    69 Total Sales

    Section Image

  • J

    Buyer's Agent in 2014

    John Teichman

    Remax Suburban

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08613768

Midwest Real Estate Data (MRED)

APN: 16-08-102-022-1033

Illinois Cook County Oak Park 60302

437 N Lombard Ave Unit 3, Oak Park, IL

This home is located at 437 N Lombard Ave Unit 3, Oak Park, IL 60302 since 12 May 2014 and is currently estimated at $152,092, approximately $240 per square foot. This property was built in 1928. 437 N Lombard Ave Unit 3 is a home located in Cook County with nearby schools including Whittier Elementary School, Gwendolyn Brooks Middle School, and Oak Park and River Forest High School.

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