NOT LISTED FOR SALE

4900 Forest Ave Unit 306 Downers Grove, IL 60515

Estimated Value: $342,077

2 Beds
2 Baths
1,100 Sq Ft
$311/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $234,000 $213 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,276/month

Highlights

  • Wood Flooring
  • End Unit
  • Balcony
  • Pierce Downer Elementary School Rated A-
  • Walk-In Pantry
  • 2-minute walk to Prince Pond

About This Home

As of December 2015

Great Updated and Upgraded End Unit! A few blocks from the DG Main Street train station. Completed in 2013...All Stainless Steel Appliances, Really Stylish Glass Tile Back splash ,Granite Counters, In unit Laundry, Beautiful Bamboo Floors, upgraded carpeting in Master. 2 big bedrooms and 2 full bathrooms. Bright and Sunny Home...Super Clean. You can move in today and start enjoying all that Downtown Downers Grove has to offer...fantastic schools, walk to train, Prince Pond, Parks, Tivoli Bowl and Movie Theater, Great Restaurants, Library, Shops, Coffee Shops. A/C & Large Balcony, Intercom entry, exercise rm.

Last Agent to Rent the Property

Laura Michicich

Berkshire Hathaway HomeServices Chicago License #475158582 Listed on: 11/06/2015

Berkshire Hathaway HomeServices Chicago

Last Renter's Agent

Rose Baldwin

Coldwell Banker Realty License #475133615

Coldwell Banker Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,546

Year Built

  • 1967

Lot Details

  • End Unit
  • Southern Exposure
  • East or West Exposure

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Elevator
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Walk-In Pantry

Parking

  • Parking Available
  • Driveway
  • Visitor Parking
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$5,546

Year Built

1967

Lot Details

0

Rental Info

  • Available: 12/01/2015
  • Monthly Lot Rental Included: Heat, Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Security Deposit: 1850
  • Short Term Lease Ok: Yes
  • Short Term Rent Rate: 1850

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Type Attached: Condo, Mid Rise (4-6 Stories)
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Special Features: None
  • Stories: 4
  • Year Built (Public Record): 1967

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 4
  • Equipment: TV-Cable, Intercom
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 11X21
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X19
  • Second Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 19X17
  • Living Room Flooring: Hardwood
  • Kitchen Type: Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 14X10
  • Kitchen Flooring: Ceramic Tile
  • Laundry Level: Main Level
  • Laundry Size: 3X3
  • Additional Rooms: No additional rooms

Exterior Features

  • Roof: Rubber
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Patio, End Unit
  • Exposure: S (South), W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned, Off Street, Visitor Parking
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Asphalt

Utilities

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

Condo/Co-op/Association

  • Management: Manager Off-site
  • Pet Information: No Pets
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Exercise Room, Storage, Security Door Locks

Schools

  • Elementary School: PIERCE DOWNER ELEMENTARY SCHOOL
  • Middle School: HERRICK MIDDLE SCHOOL
  • High School: NORTH HIGH SCHOOL
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: CONDO

Multi Family

  • Total Number Unitsin Building: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
Dec 13, 2015
Sold by
Cecchin Daniel A and Rechner Emma L
Bought by
Sassano Paul and Sassano Ann
Seller's Agent
Laura Michicich
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Rose Baldwin
Coldwell Banker Realty
Sold Price
$1,775
Current Estimated Value
$342,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,302
Avg. Annual Appreciation
3.93%

Purchase Details

Listed on
Nov 8, 2011
Closed on
Apr 3, 2013
Sold by
Marquette Bank
Bought by
Cecchin Daniel A and Rechner Emma L
Seller's Agent
Wilfred Miller
Home Builder Marketing, Ltd.
Buyer's Agent
Nancy Sliwa
Coldwell Banker Realty
List Price
$184,900
Sold Price
$172,000
Premium/Discount to List
-$12,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$163,400
Interest Rate
2.87%
Mortgage Type
New Conventional
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
Sassano Paul $234,000 Fort Dearborn Title
Cecchin Daniel A $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cecchin Daniel A $163,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2015 12/15/15 Rented $1,775 0.0% --
12/14/2015 12/14/15 Sold $234,000 0.0% $213 / Sq Ft View Prior Sale
11/14/2015 11/14/15 Under Contract -- -- --
11/12/2015 11/12/15 Pending -- -- --
11/06/2015 11/06/15 For Rent $1,850 0.0% --
10/21/2015 10/21/15 Price Changed $240,000 -1.0% $218 / Sq Ft
08/10/2015 08/10/15 For Sale $242,500 +41.0% $220 / Sq Ft
04/05/2013 04/05/13 Sold $172,000 -7.0% $156 / Sq Ft View Prior Sale
01/30/2013 01/30/13 Pending -- -- --
11/21/2012 11/21/12 For Sale $184,900 0.0% $168 / Sq Ft
11/05/2012 11/05/12 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 -21.5% $173 / Sq Ft
11/08/2011 11/08/11 For Sale $241,900 -- $220 / 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 $4,870 $82,750 $15,310 $67,440
2021 $4,561 $81,810 $15,140 $66,670
2020 $4,480 $80,190 $14,840 $65,350
2019 $4,345 $76,940 $14,240 $62,700
2018 $4,091 $71,580 $13,250 $58,330
2017 $3,968 $68,880 $12,750 $56,130
2016 $3,610 $60,870 $12,170 $48,700
2015 $3,582 $57,270 $11,450 $45,820
2014 $3,988 $61,870 $12,370 $49,500
2013 $4,248 $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: MRD09080934

Midwest Real Estate Data (MRED)

APN: 09-08-137-022