NOT LISTED FOR SALE

4900 Forest Ave Unit 301 Downers Grove, IL 60515

Estimated Value: $254,000 - $313,000

1 Bed
2 Baths
832 Sq Ft
$291/mo HOA Fee

Last Sold August 18, 2020

Last sale price $205,000 $246 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,122/month

1 Day on Market

Highlights

  • Wood Flooring
  • Balcony
  • Storage
  • Pierce Downer Elementary School Rated A-
  • Breakfast Bar
  • 2-minute walk to Prince Pond

About This Home

As of August 2020

COZY NEIGHBORHOOD VIEWS AND WALK TO EVERYTHING!! Train, shopping, restaurants, entertainment! Nothing like living in the heart of Downers Grove- All of the benefits of city living with none of its headaches. GORGEOUS Condo with cherry floors, updated kitchen with granite, sparkling backsplash, stainless steel appliances, eat-in kitchen, and breakfast bar with space for two bar stools. Dining area opens to living room. Master Bedroom has huge closets! An additional half-bath for guests. Updated Bathrooms. Close to area amenities, highways and parks.

Last Agent to Sell the Property

Joan Wayman

Joan Wayman License #471003974 Listed on: 07/17/2020

Joan Wayman

Co-Listed By

Christopher Nava

Keller Williams Experience License #475178748

Last Buyer's Agent

Catherine Mead

Baird & Warner License #471020444

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,966

Year Built

  • 1967

Lot Details

  • 0.92

HOA Fees

  • $291 per month

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Available
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $6,000 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,966

Year Built

1967

Lot Details

0

HOA Fees

$291 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Unit Floor Level: 3
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1967
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1967

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 3
  • Living Room: Dimensions: 18X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X14, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 832
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Baseboard, Radiant

Condo/Co-op/Association

  • Max Pet Weight: 20
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Exercise Room, Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 291
  • Management Phone: 630-620-1133

Fee Information

  • Management Company: ACM

Schools

  • School District: 99
  • Elementary School: Pierce Downer Elementary School
  • Middle School: Herrick Middle School
  • High School: North High School
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0908137017

Multi Family

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

Tax Info

  • Taxes: 3128.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 13, 2020
Sold by
Grant Judith A
Bought by
Mulvihill Claire V and Upton Robert E
Seller's Agent
Joan Wayman
Joan Wayman
Buyer's Agent
Catherine Mead
Baird & Warner
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Current Estimated Value
$282,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,707
Avg. Annual Appreciation
6.41%
Original Mortgage
$198,850
Outstanding Balance
$175,733
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$106,974

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jun 14, 2016
Sold by
Sweet Carol
Bought by
Grant Judith A
Seller's Agent
Diane Coyle
Platinum Partners Realtors
Buyer's Agent
Sharon Phillips
Keller Williams Experience
List Price
$160,000
Sold Price
$143,500
Premium/Discount to List
-$16,500
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$129,150
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2012
Closed on
May 22, 2013
Sold by
Marquette Bank
Bought by
Sweet Carol
Seller's Agent
Wilfred Miller
Home Builder Marketing, Ltd.
Buyer's Agent
Diane Coyle
Platinum Partners Realtors
List Price
$139,900
Sold Price
$125,500
Premium/Discount to List
-$14,400
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
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
Mulvihill Claire V $205,000 Fidelity National Title
Grant Judith A $143,500 Attorney
Sweet Carol $125,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulvihill Claire V $198,850
Previous Owner Grant Judith A $129,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2020 08/18/20 Sold $205,000 +2.6% $246 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $199,900 +39.3% $240 / Sq Ft
06/14/2016 06/14/16 Sold $143,500 -4.3% -- View Prior Sale
04/24/2016 04/24/16 Pending -- -- --
04/19/2016 04/19/16 Price Changed $149,900 +0.6% --
04/19/2016 04/19/16 Price Changed $149,000 -3.9% --
03/31/2016 03/31/16 Price Changed $155,000 -3.1% --
03/10/2016 03/10/16 For Sale $160,000 +27.5% --
05/22/2013 05/22/13 Sold $125,500 -3.4% $132 / Sq Ft View Prior Sale
03/04/2013 03/04/13 Pending -- -- --
01/31/2013 01/31/13 Price Changed $129,900 -7.1% $137 / Sq Ft
11/16/2012 11/16/12 For Sale $139,900 -- $147 / 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 $3,966 $77,277 $14,326 $62,951
2023 $3,747 $71,040 $13,170 $57,870
2022 $3,532 $66,020 $12,240 $53,780
2021 $3,304 $65,270 $12,100 $53,170
2020 $3,239 $63,980 $11,860 $52,120
2019 $3,128 $61,390 $11,380 $50,010
2018 $2,921 $57,110 $10,590 $46,520
2017 $2,820 $54,950 $10,190 $44,760
2016 $2,524 $48,560 $9,720 $38,840
2015 $2,482 $45,680 $9,140 $36,540
2014 $2,795 $49,360 $9,880 $39,480
2013 $3,388 $53,390 $10,680 $42,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10785216

Midwest Real Estate Data (MRED)

APN: 09-08-137-017