NOT LISTED FOR SALE

4900 Forest Ave Unit 404 Downers Grove, IL 60515

Estimated Value: $319,000 - $392,000

2 Beds
2 Baths
1,100 Sq Ft
$360/mo HOA Fee

Last Sold April 20, 2022

Last sale price $300,000 $273 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,545/month

3 Days on Market

Highlights

  • Fitness Center
  • Landscaped Professionally
  • Stainless Steel Appliances
  • Pierce Downer Elementary School Rated A-
  • Granite Countertops
  • 2-minute walk to Prince Pond

About This Home

As of April 2022

Great walkable location in the heart of vibrant Downers Grove. Walk to train & downtown! Top floor beautiful condo with elevator access. The updated kitchen includes granite countertops and stainless steel appliances & eating area. Living room/dining room leads to outdoor space for beautiful sunsets & barbeques. Down the hall you'll find a generous 2nd bedroom, with neighboring master suite - 2 full closets plus master suite bathroom! 6 panel white doors and trim. Washer and dryer conveniently located in unit! Building has exercise room & large bike room. Heated attached garage. Note that both water and heat are included in the HOA! New roof in 2020. They are also rentable.

Last Agent to Sell the Property

Dennis Toomey

RE/MAX Action License #471002129 Listed on: 03/17/2022

RE/MAX Action

Last Buyer's Agent

Kevin Toomey

RE/MAX Action License #471020933

RE/MAX Action

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,592

Year Built

  • Built in 1967 | Remodeled in 2013

Lot Details

  • Landscaped Professionally
  • Additional Parcels

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 4-Story Property
  • Double Pane Windows
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Partially Carpeted

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Pierce Downer Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Steam
  • Radiant Heating System
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 32 Units
  • Ellen Donavan Association, Phone Number (630) 323-8810
  • Property managed by Oak & Dale Properties

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Pets up to 20 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,592

Year Built

Built in 1967 | Remodeled in 2013

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2013
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2013

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Drapes/Blinds, Granite Counters, Some Wall-To-Wall Cp
  • LivingArea: 1100
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: 6 Panel Door(s),Sliding Glass Door(s)
  • Window Features: Double Pane Windows

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 290000
  • Lot Features: Landscaped
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 360
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Oak & Dale Properties
  • Management Contact Name: Ellen Donavan
  • Management Phone: 630-323-8810X7
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4592.2
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 20, 2022
Sold by
Rotta Louis J and Revoc Kathleen
Bought by
Seeds Scott
Seller's Agent
Dennis Toomey
RE/MAX Action
Buyer's Agent
Kevin Toomey
RE/MAX Action
List Price
$290,000
Sold Price
$300,000
Premium/Discount to List
$10,000
3.45%
Current Estimated Value
$342,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,594
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Sep 13, 2019
Sold by
Rotta Louis J and Rotta Kathleen
Bought by
Rotta Louis J and Rotta Kathleen M

Purchase Details

Listed on
Nov 9, 2011
Closed on
May 1, 2013
Sold by
Marquette Bank
Bought by
Rotta Louis J and Rotta Kathleen M
Seller's Agent
Wilfred Miller
Home Builder Marketing, Ltd.
Buyer's Agent
Dennis Toomey
RE/MAX Action
List Price
$232,900
Sold Price
$177,500
Premium/Discount to List
-$55,400
-23.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Source: Public Records

Range of Values:

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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
Seeds Scott $300,000 Old Republic Title
Rotta Louis J -- Attorney
Rotta Louis J $178,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2022 04/20/22 Sold $300,000 +3.4% $273 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $290,000 +63.4% $264 / Sq Ft
05/17/2013 05/17/13 Sold $177,500 -4.0% $161 / Sq Ft View Prior Sale
02/13/2013 02/13/13 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 -18.5% $173 / Sq Ft
11/09/2011 11/09/11 For Sale $232,900 -- $212 / 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 $4,431 $93,399 $17,318 $76,081
2023 $4,153 $85,860 $15,920 $69,940
2022 $4,695 $79,780 $14,790 $64,990
2021 $4,397 $78,870 $14,620 $64,250
2020 $4,319 $77,310 $14,330 $62,980
2019 $4,189 $74,180 $13,750 $60,430
2018 $3,944 $69,000 $12,790 $56,210
2017 $3,825 $66,400 $12,310 $54,090
2016 $3,480 $58,680 $11,750 $46,930
2015 $3,452 $55,200 $11,050 $44,150
2014 $3,844 $59,630 $11,930 $47,700
2013 $4,094 $64,510 $12,900 $51,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11349602

Midwest Real Estate Data (MRED)

APN: 09-08-137-028