NOT LISTED FOR SALE

4900 Forest Ave Unit 402 Downers Grove, IL 60515

Estimated Value: $319,000 - $398,000

2 Beds
2 Baths
1,100 Sq Ft
$268/mo HOA Fee

Last Sold March 01, 2013

Last sale price $200,000 $182 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,537/month

57 Days on Market

Highlights

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

About This Home

As of March 2013

Top floor end unit immaculate condo with 1 or 2 optional indoor garage spaces!Walk to train & downtown! Features inc: granite counters, stainless appliances,hardwood floors thruout, ceramic floor baths,white doors and woodwork, washer/dryer, ceiling fans,upgraded shelving units,much more!Private balcony, intercom, workout/exercise room; short walk to train. It's a 10!

Last Agent to Sell the Property

Mary Anne D'Ambrosio

RE/MAX of Naperville License #475140311 Listed on: 12/01/2012

RE/MAX of Naperville

Last Buyer's Agent

Daniel Firks

Coldwell Banker Real Estate Group License #475141739

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,112

Year Built

  • 1968

Lot Details

  • 0.92

HOA Fees

  • $268 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Rubber Roof

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

$5,112

Year Built

1968

Lot Details

0

HOA Fees

$268 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Type Attached: Condo
  • Unit Floor Level: 4
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1968

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 19X17, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X17, On Level: Main Level, Flooring: Carpet, Windows: Blinds,Curtains/Drapes
  • Bedroom 2: Dimensions: 10X16, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1100

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • 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: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Developer Controls
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Storage
  • Assessment/Association Fees: 268
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: AMERICAN COMMUNITY MGMT

Schools

  • School District: 99
  • Elementary School: PIERCE DOWNER ELEMENTARY SCHOOL
  • Middle School: HERRICK MIDDLE SCHOOL
  • High School: DOWNERS GROVE NORTH
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: CONDOMINIUM

Multi Family

  • Total Number Unitsin Building: 32
  • Number Stories: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Weltler Ronald J and Weltler Alvera J
Bought by
Ronald J Weltler Revocable Trust and Alvera J Weltler Revocable Trust
Current Estimated Value
$347,566

Purchase Details

Listed on
Dec 1, 2012
Closed on
Feb 28, 2013
Sold by
Culen Bradley K and Rausch Jamie L
Bought by
Weltler Ronald J and Weltler Alvera J
Seller's Agent
Mary Anne D'Ambrosio
RE/MAX of Naperville
Buyer's Agent
Daniel Firks
Coldwell Banker Real Estate Group
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$160,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2008
Sold by
Marquette Bank
Bought by
Culen Bradley K and Rausch Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,440
Interest Rate
5.75%
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
Ronald J Weltler Revocable Trust -- First American Title
Weltler Ronald J $300,000 First American Title
Culen Bradley K $282,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weltler Ronald J $160,000
Previous Owner Culen Bradley K $225,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2013 03/01/13 Sold $200,000 -9.0% $182 / Sq Ft
01/27/2013 01/27/13 Pending -- -- --
12/01/2012 12/01/12 For Sale $219,900 -- $200 / 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 $5,112 $97,293 $18,025 $79,268
2023 $4,841 $89,440 $16,570 $72,870
2022 $4,539 $83,120 $15,400 $67,720
2021 $4,246 $82,170 $15,220 $66,950
2020 $4,164 $80,540 $14,920 $65,620
2019 $4,026 $77,280 $14,320 $62,960
2018 $3,766 $71,890 $13,320 $58,570
2017 $3,640 $69,180 $12,820 $56,360
2016 $3,270 $61,130 $12,230 $48,900
2015 $3,222 $57,520 $11,510 $46,010
2014 $3,618 $62,130 $12,430 $49,700
2013 $3,885 $67,210 $13,440 $53,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08227971

Midwest Real Estate Data (MRED)

APN: 09-08-137-026