NOT LISTED FOR SALE

4900 Forest Ave Unit 303 Downers Grove, IL 60515

Estimated Value: $320,000 - $394,000

2 Beds
2 Baths
1,100 Sq Ft
$388/mo HOA Fee

Last Sold December 17, 2021

Last sale price $283,000 $257 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,692/month

4 Days on Market

Highlights

  • Attached Garage
  • Heated Garage
  • 2-minute walk to Prince Pond
  • Pierce Downer Elementary School Rated A-

About This Home

As of December 2021

Fabulous condo located in the heart of vibrant Downers Grove. Includes all the must haves for elegant in town living: granite counters, stainless steel appliances, white cabinets, 6 panel white doors and trim. Flooring is ceramic in both kitchen & baths. Living room, dining room and hall floors are beautiful hardwood! Sliding glass doors lead to balcony looking out over mature trees and foliage. Spacious master bedroom with full master bath. In unit laundry, intercom entry, exercise room and heated attached garage parking. Note that both water and heat are included in the HOA! All this located within walking distance to shopping, restaurants, entertainment, fitness, and coffee shops! Stately brick building was rehabbed in 2011 with new roof in 2020. One block walk to train!

Last Agent to Sell the Property

Janice Junk

Keller Williams Experience License #475122430 Listed on: 11/12/2021

Keller Williams Experience

Co-Listed By

Louise Reiss

Coldwell Banker Realty License #475123823

Last Buyer's Agent

Cathie Dunn

Baird & Warner License #475185479

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,546

Year Built | Renovated

  • 1968 | 2011

Lot Details

  • 0.92

HOA Fees

  • $388 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Panel Doors

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 32 Units
  • Ellen Donovan Association, Phone Number (630) 323-8810
  • Property managed by Oak and Dale Properties

Pet Policy

  • Pets Allowed
  • Pets up to 20 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,546

Year Built | Renovated

1968 | 2011

Lot Details

0

HOA Fees

$388 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 51-60 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: 2
  • Rehab Year: 2011
  • Co List Office Mls Id: MRD20179
  • Co List Office Phone: (630) 964-9696
  • Directions: from Main St. in Downers Grove turn W on Franklin 1 blk
  • Lot Size: CONDO
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1968
  • Year Renovated: 2011

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Panel Door(s)
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms
  • Stories: 4

Exterior Features

  • Roof: Rubber
  • Exterior Features: Patio
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Visitor Parking
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Steam, Baseboard, Radiant
  • Electric: Circuit Breakers, 100 Amp Service
  • Laundry Features: In Unit
  • Sewer: Sewer-Storm
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Developer Controls
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Oak and Dale Properties
  • Management Contact Name: Ellen Donovan
  • Management Phone: 630-323-8810X7
  • Amenities: Elevator(s), Storage
  • Association Fee: 388
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exercise Facilities, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Lester Elementary School
  • High School: North High School
  • Junior High Dist: 99
  • Middle Or Junior School: Herrick Middle School

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 20

Multi Family

  • Units in Building: 32

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4418
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 17, 2021
Sold by
Kaminskas Karen Marie and Balich Karen Marie
Bought by
Swaufield Patricia A and Swaufield Peter E
Seller's Agent
Janice Junk
Keller Williams Experience
Buyer's Agent
Cathie Dunn
Baird & Warner
List Price
$287,500
Sold Price
$283,000
Premium/Discount to List
-$4,500
-1.57%
Current Estimated Value
$347,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,377
Avg. Annual Appreciation
5.50%
Original Mortgage
$226,400
Outstanding Balance
$208,943
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$138,434

Purchase Details

Closed on
Jul 15, 2011
Sold by
Marquette Bank
Bought by
Kaminskas Karen Marie
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
Swaufield Patricia A $283,000 Citywide Title Corporation
Kaminskas Karen Marie $224,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swaufield Patricia A $226,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $283,000 -1.6% $257 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $287,500 -- $261 / 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 $5,546 $96,869 $17,927 $78,942
2023 $5,293 $89,050 $16,480 $72,570
2022 $4,517 $82,750 $15,310 $67,440
2021 $4,226 $81,810 $15,140 $66,670
2020 $4,145 $80,190 $14,840 $65,350
2019 $4,006 $76,940 $14,240 $62,700
2018 $3,748 $71,580 $13,250 $58,330
2017 $3,623 $68,880 $12,750 $56,130
2016 $3,254 $60,870 $12,170 $48,700
2015 $3,207 $57,270 $11,450 $45,820
2014 $3,601 $61,870 $12,370 $49,500
2013 $3,867 $66,930 $13,380 $53,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11268712

Midwest Real Estate Data (MRED)

APN: 09-08-137-019