NOT LISTED FOR SALE

Trace Point Condos 4655 N Cumberland Ave Unit 513 Norridge, IL 60706

Estimated Value: $303,000 - $394,000

2 Beds
2 Baths
1,170 Sq Ft
$240/mo HOA Fee

Last Sold April 15, 2022

Last sale price $270,000 $231 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,542/month

33 Days on Market

Highlights

  • Lock-and-Leave Community
  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • J Leigh Elementary School Rated A-
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of April 2022

Desirable top floor 2 bedroom/2 bath condo in sought after Terrace Point Condominiums boasting 1,170 sf of living space. Home features large master bedroom with full bath, walk in shower and abundant closet space. Light and bright kitchen with barely used stainless steel appliances is open to the living room and dining room. Windows have been upgraded recently with new trim and weatherstripping. Expansive balcony offers south facing views. With the snowy winter approaching you will appreciate the heated, underground parking space and additional storage area. Laundry located in unit. Beautiful, well maintained building with low assessments and ample reserves. Convenient location close to expressway and the Blue Line.

Last Agent to Sell the Property

Diane Portincaso

Coldwell Banker Real Estate Group License #475153809 Listed on: 01/22/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Ewa Kocoj

Chicagoland Brokers, Inc. License #475128731

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1996

Lot Details

  • 2.2

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,170 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Combination Dining and Living Room
  • Storage
  • Partially Carpeted

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 80 Units
  • Fox Management Group Association, Phone Number (847) 831-8822
  • Terrace Point Condos Subdivision
  • Property managed by Fox Management Group
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Lobby
  • Community Storage Space
  • Elevator

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,571

Year Built

Built in 1996

Lot Details

0

HOA Fees

$240 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Terrace Point Condos
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit, Storage, Some Carpeting, Lobby
  • LivingArea: 1170
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: 6 Panel Door(s),Sliding Glass Door(s)
  • Window Features: Blinds,Screens

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 274000
  • OtherStructures: Garage(s), Storage
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 240
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s), Ceiling Fan
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Fox Management Group
  • Management Contact Name: Fox Management Group
  • Management Phone: 847-831-8822
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 80

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3570.62
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Piton Jan
Bought by
Jan Piton Land Trust
Current Estimated Value
$338,561

Purchase Details

Listed on
Jan 22, 2022
Closed on
Apr 18, 2022
Sold by
Masco Louis J
Bought by
Piton Jan
Seller's Agent
Diane Portincaso
Coldwell Banker Real Estate Group
Buyer's Agent
Ewa Kocoj
Chicagoland Brokers, Inc.
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$243,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2022
Closed on
Apr 13, 2022
Sold by
Mascoa Louis J
Bought by
Piton Jan
Seller's Agent
Diane Portincaso
Coldwell Banker Real Estate Group
Buyer's Agent
Ewa Kocoj
Chicagoland Brokers, Inc.
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2013
Sold by
Corrado Mark
Bought by
Masco Louis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,750
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2012
Sold by
Corrado Albert J and Corrado Edith
Bought by
Corrado Mark and Edith Corrado Irrevocable Trust

Purchase Details

Closed on
Dec 15, 2011
Sold by
Corrado Albert J and Corrado Edith
Bought by
Corrado Albert J and Corrado Edith

Purchase Details

Closed on
Jul 19, 2007
Sold by
Corrado Albert J and Corrado Edith
Bought by
Corrado Albert J and Albert J Corrado Declaration Of Trust

Purchase Details

Closed on
Jun 21, 1999
Sold by
Parkway Bank & Trust Company
Bought by
Corrado Albert J and Corrado Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.06%
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
Jan Piton Land Trust -- None Listed On Document
Piton Jan $270,000 --
Piton Jan $270,000 None Listed On Document
Piton Jan $270,000 --
Masco Louis S $173,000 None Available
Corrado Mark -- None Available
Corrado Albert J -- None Available
Corrado Albert J -- None Available
Corrado Albert J $189,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piton Jan $243,000
Previous Owner Masco Louis S $129,750
Previous Owner Masco Louis $358,000
Previous Owner Corrado Albert J $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $270,000 -3.6% $231 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $280,000 -- $239 / 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 $4,986 $21,637 $1,470 $20,167
2023 $3,478 $21,637 $1,470 $20,167
2022 $3,478 $21,637 $1,470 $20,167
2021 $3,559 $19,987 $1,299 $18,688
2020 $3,571 $19,987 $1,299 $18,688
2019 $3,575 $22,437 $1,299 $21,138
2018 $4,456 $17,445 $1,073 $16,372
2017 $4,346 $17,445 $1,073 $16,372
2016 $4,097 $17,445 $1,073 $16,372
2015 $3,632 $14,261 $1,102 $13,159
2014 $3,578 $14,261 $1,102 $13,159
2013 $3,505 $14,261 $1,102 $13,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11271645

Midwest Real Estate Data (MRED)

APN: 12-14-200-089-1073