NOT LISTED FOR SALE

Estimated Value: $167,000 - $186,000

2 Beds
2 Baths
-- Sq Ft
$254/mo HOA Fee

Last Sold September 29, 2016

Last sale price $95,000

Est. 85% increase in value since last sale

Current estimated payment $1,389/month

98 Days on Market

Highlights

  • Balcony
  • Henry Puffer School Rated A-
  • Heating Available

About This Home

As of September 2016

Great for first time home buyers and investors! Location is key with this perfect unit for you to move into or a wonderful income property opportunity! 2 bedroom, 1.5 bath, third floor condo with relaxing balcony for enjoying the sunset on warm summer nights. Walking distance to Belmont Metra Station, minutes from I-355, with nearby shopping, dining and Downers Grove fitness center conveniently located next door. New carpeting, nice kitchen with plenty of counter space, this unit is bright, comfortable with plenty of storage space. Coin laundry, private storage on first floor and 2 assigned parking spaces near front door. Association allows renting, so with price and location, this unit has great income property potential! Great opportunity to take advantage of low interest rates and down payment assist programs.

Last Agent to Sell the Property

Heidi Fornalsky

Berkshire Hathaway HomeServices Chicago License #475166237 Listed on: 03/28/2016

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Mary Braatz

RE/MAX Enterprises License #471001728

RE/MAX Enterprises

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,465

Year Built

  • 1980

Lot Details

  • 0.34

HOA Fees

  • $254 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Parking Available
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,465

Year Built

1980

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 3
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1980
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X13, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 7X10, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 10X8, On Level: 3rd Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X11, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Family Room: Windows: None

Exterior Features

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

Garage/Parking

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

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry, Storage, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 254
  • Management Contact Name: Manager
  • Management Phone: 630-717-7188

Fee Information

  • Management Company: Caruso

Schools

  • School District: 99
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0801413004

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 1255.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Sep 29, 2016
Sold by
Costello Cornelius P
Bought by
Moghaddam Nima Namdar
Seller's Agent
Heidi Fornalsky
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Mary Braatz
RE/MAX Enterprises
List Price
$104,500
Sold Price
$95,000
Premium/Discount to List
-$9,500
-9.09%
Current Estimated Value
$175,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,815
Avg. Annual Appreciation
7.03%
Original Mortgage
$61,750
Outstanding Balance
$29,971
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$145,844

Purchase Details

Closed on
Jun 26, 2006
Sold by
Dhawan Chaman Lal and Dhawan Sheil
Bought by
Costello Cornelius P
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
Moghaddam Nima Namdar $95,000 Baird & Warner Title Svcs In
Costello Cornelius P $123,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moghaddam Nima Namdar $61,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2016 09/29/16 Sold $95,000 -2.1% --
07/12/2016 07/12/16 Price Changed $97,000 -2.7% --
07/04/2016 07/04/16 Pending -- -- --
06/21/2016 06/21/16 Price Changed $99,700 -4.6% --
05/13/2016 05/13/16 For Sale $104,500 0.0% --
05/12/2016 05/12/16 Price Changed $104,500 +4.6% --
04/04/2016 04/04/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $99,900 -- --
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 $2,465 $43,094 $6,651 $36,443
2023 $2,343 $39,330 $6,070 $33,260
2022 $1,989 $33,790 $6,070 $27,720
2021 $1,816 $32,510 $5,840 $26,670
2020 $1,787 $31,920 $5,730 $26,190
2019 $1,730 $30,540 $5,480 $25,060
2018 $1,702 $29,620 $5,310 $24,310
2017 $1,659 $28,620 $5,130 $23,490
2016 $1,287 $27,580 $4,940 $22,640
2015 $1,256 $25,970 $4,650 $21,320
2014 $948 $20,630 $1,660 $18,970
2013 $1,266 $25,840 $2,070 $23,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09177781

Midwest Real Estate Data (MRED)

APN: 08-01-413-004