NOT LISTED FOR SALE

Estimated Value: $218,000 - $246,000

2 Beds
2 Baths
1,030 Sq Ft
$292/mo HOA Fee

Last Sold August 23, 2022

Last sale price $185,000 $180 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,763/month

31 Days on Market

Highlights

  • Waterfront
  • Lock-and-Leave Community
  • Party Room
  • C E Miller Elementary School Rated A
  • Property is near a park
  • Stainless Steel Appliances

About This Home

As of August 2022

LIGHT & BRIGHT! COMPLETLEY REMODELED. FRESHLY PAINTED, BRAND NEW KITCHEN , NEW APPLIANCES, NEW BATHROOMS, NEW CARPETING, PATIO DOOR & WINDOWS! MOVE-IN CONDITION. NEW FURNACE AND A/C BEFORE CLOSE. BALCONY OVERLOOKS POND. 3RD FLR UNIT IN SECURE, ELEVATOR BLDG. GREAT LOCATION - WALK TO TRAIN, SHOPPING & LIBRARY. THIS IS A TRUE 10!

Last Agent to Sell the Property

Linda Feinstein

Compass License #471004664 Listed on: 06/27/2022

Compass

Last Buyer's Agent

Eddie Alsalhani

Coldwell Banker Realty License #475187777

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1975 | Remodeled in 2022

Lot Details

  • 2.09

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Flexicore

Interior Spaces

  • 1,030 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Westmont High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • Waterfront
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 51 Units
  • Arlene Association, Phone Number (708) 403-0140
  • Parkwood Subdivision
  • Property managed by CAMBRIDGE Management
  • Lock-and-Leave Community

Amenities

  • Party Room
  • Coin Laundry
  • Community Storage Space
  • Elevator

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,030

Year Built

Built in 1975 | Remodeled in 2022

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Parkwood
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Storage, Flexicore
  • LivingArea: 1030
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 199000
  • Lot Features: Park Adjacent
  • Waterfront: Yes
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Parking Features: Unassigned, Off Street, Visitor Parking
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 292
  • Association Amenities: Coin Laundry, Elevator(s), Storage, Party Room, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: CAMBRIDGE Management
  • Management Contact Name: Arlene
  • Management Phone: 708-403-0140
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • High School: Westmont High School
  • Middle/Junior School District: 201

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 000

Tax Info

  • Tax Annual Amount: 2029.52
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 23, 2022
Sold by
Hart Samuel H
Bought by
Rackauskas Michael and Szudzinski Joanna
Seller's Agent
Linda Feinstein
Compass
Buyer's Agent
Eddie Alsalhani
Coldwell Banker Realty
List Price
$208,000
Sold Price
$185,000
Premium/Discount to List
-$23,000
-11.06%
Current Estimated Value
$230,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,965
Avg. Annual Appreciation
5.11%
Original Mortgage
$138,750
Outstanding Balance
$133,131
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$82,335

Purchase Details

Closed on
Apr 12, 2008
Sold by
Huang Mark and Huang Linda
Bought by
Hart Samuel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2000
Sold by
Forbes Mary E
Bought by
Huang Mark and Huang Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2000
Sold by
Chiaracharuwat Pithayawat
Bought by
Forbes Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1996
Sold by
Chen Ellen
Bought by
Chiaracharuwat Pithayawat and Forbes Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1994
Sold by
Chen Kuo Chiang
Bought by
Chen Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
8.58%
Mortgage Type
Purchase Money Mortgage
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
Rackauskas Michael $185,000 Citywide Title
Hart Samuel H $145,000 Chicago Title Insurance Co
Huang Mark $95,000 --
Forbes Mary E -- --
Chiaracharuwat Pithayawat $88,000 --
Chen Ellen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rackauskas Michael $138,750
Previous Owner Hart Samuel H $115,000
Previous Owner Huang Mark $55,000
Previous Owner Chiaracharuwat Pithayawat $83,600
Previous Owner Chen Ellen $60,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $185,000 -7.0% $180 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $199,000 -4.3% $193 / Sq Ft
06/27/2022 06/27/22 For Sale $208,000 -- $202 / 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 $2,879 $52,573 $11,476 $41,097
2023 $2,690 $48,330 $10,550 $37,780
2022 $2,167 $38,620 $8,430 $30,190
2021 $2,079 $38,180 $8,330 $29,850
2020 $2,030 $37,420 $8,160 $29,260
2019 $1,948 $35,900 $7,830 $28,070
2018 $1,781 $32,640 $7,120 $25,520
2017 $1,721 $31,410 $6,850 $24,560
2016 $1,679 $29,980 $6,540 $23,440
2015 $1,393 $24,980 $6,150 $18,830
2014 $1,478 $25,560 $6,290 $19,270
2013 $1,391 $25,440 $6,260 $19,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11447990

Midwest Real Estate Data (MRED)

APN: 09-03-315-038