NOT LISTED FOR SALE

4900 Forest Ave Unit 203 Downers Grove, IL 60515

Estimated Value: $320,000 - $361,000

2 Beds
2 Baths
1,200 Sq Ft
$352/mo HOA Fee

Last Sold December 05, 2018

Last sale price $220,000 $183 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,575/month

17 Days on Market

Highlights

  • Patio
  • Central Air
  • 2-minute walk to Prince Pond
  • Pierce Downer Elementary School Rated A-
  • Baseboard Heating

About This Home

As of December 2018

See document in 'Additional Info' for proof that Unit is underpriced! Over 1,200 Square Feet. 2 Bedrooms. 2 BATHS. Spacious Living and Dining Area. Cork Wood (great for your knees) Floors. Large Balcony. Kitchen w/ New Refrigerator, Garbage Disposal, 42" Upgraded Maple Cabinets, Granite Counters and Stainless Steel Appliances. Laundry Center w/ Bosch Washer and Dryer. Master Bedroom with Additional Wardrobe Cabinets. 2 exterior parking spots. Elevator Building w/ Exercise Facility, Water and Heat ALL included in assessment. Steps from Entertainment, Restaurants, Farmer's Market, Commuter Train. You are able to Rent the Unit with NO Restrictions!

Last Agent to Sell the Property

Ali Bakir

MorphEasy Realty License #471020523 Listed on: 10/30/2018

Last Buyer's Agent

Meredith Lannert

Keller Williams Experience License #475158970

Keller Williams Experience

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,067

Year Built | Renovated

  • 1968 | 2009

Lot Details

  • 0.92

HOA Fees

  • $352 per month

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Patio

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,067

Year Built | Renovated

1968 | 2009

Lot Details

0

HOA Fees

$352 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2009
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1968
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1968
  • Year Renovated: 2009

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 19X17, On Level: Main Level, Flooring: Other
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X21, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 10X19, On Level: Main Level, Flooring: Other
  • Estimated Sq Ft: 1200

Exterior Features

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

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Hot Water/Steam, Baseboard, Radiant

Condo/Co-op/Association

  • Max Pet Weight: 20
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 352
  • Management Contact Name: Manager
  • Management Phone: 630-620-1133

Fee Information

  • Management Company: ACM

Schools

  • School District: 58
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: CONDOMINIUM
  • Parcel Identification Number: 0908137011

Multi Family

  • Total Number Unitsin Building: 32
  • Number Stories: 4

Tax Info

  • Taxes: 3607.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Wolny Sophie
Bought by
The Chicago Trust Company Na and Sbl 4976
Current Estimated Value
$339,233

Purchase Details

Listed on
Oct 30, 2018
Closed on
Dec 5, 2018
Sold by
Obucina Lillian
Bought by
Wolny Sophie
Seller's Agent
Ali Bakir
MorphEasy Realty
Buyer's Agent
Meredith Lannert
Keller Williams Experience
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%

Purchase Details

Listed on
Nov 9, 2011
Closed on
Apr 4, 2013
Sold by
Marquette Bank
Bought by
Obucina Lillian
Seller's Agent
Wilfred Miller
Home Builder Marketing, Ltd.
Buyer's Agent
Christine Davis
List Price
$240,900
Sold Price
$173,000
Premium/Discount to List
-$67,900
-28.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$138,400
Interest Rate
1.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
The Chicago Trust Company Na -- Attorney
Wolny Sophie $220,000 Attorney
Obucina Lillian $173,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obucina Lillian $138,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2018 12/05/18 Sold $220,000 -4.3% $183 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $229,900 +32.9% $192 / Sq Ft
04/08/2013 04/08/13 Sold $173,000 -6.4% $157 / Sq Ft View Prior Sale
02/06/2013 02/06/13 Pending -- -- --
10/09/2012 10/09/12 Price Changed $184,900 -2.6% $168 / Sq Ft
08/08/2012 08/08/12 Price Changed $189,900 -21.2% $173 / Sq Ft
11/09/2011 11/09/11 For Sale $240,900 -- $219 / 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 $5,067 $96,498 $17,883 $78,615
2023 $4,798 $88,710 $16,440 $72,270
2022 $4,499 $82,440 $15,280 $67,160
2021 $4,209 $81,510 $15,110 $66,400
2020 $4,128 $79,890 $14,810 $65,080
2019 $3,990 $76,650 $14,210 $62,440
2018 $3,732 $71,300 $13,220 $58,080
2017 $3,607 $68,610 $12,720 $55,890
2016 $3,240 $60,630 $12,140 $48,490
2015 $3,192 $57,040 $11,420 $45,620
2014 $3,585 $61,620 $12,330 $49,290
2013 $4,231 $66,670 $13,340 $53,330
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10125755

Midwest Real Estate Data (MRED)

APN: 09-08-137-011