NOT LISTED FOR SALE

4900 Forest Ave Unit 406 Downers Grove, IL 60515

Estimated Value: $320,000 - $372,000

2 Beds
2 Baths
1,100 Sq Ft
$375/mo HOA Fee

Last Sold April 25, 2022

Last sale price $275,000 $250 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,603/month

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed
  • Pierce Downer Elementary School Rated A-
  • Dining Room
  • 2-minute walk to Prince Pond

About This Home

As of April 2022

SOLD BEFORE PROCESSING.

Last Agent to Sell the Property

Kim Moustis

Keller Williams Experience License #471002224 Listed on: 03/26/2022

Keller Williams Experience

Co-Listed By

Lauren Borjon

Keller Williams Experience License #475168709

Last Buyer's Agent

Kim Moustis

Keller Williams Experience License #471002224 Listed on: 03/26/2022

Keller Williams Experience

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,164

Year Built

  • Built in 1967

Lot Details

  • 0.92

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 32 Units
  • Association Phone (234) 567-8901
  • Property managed by American Community Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,164

Year Built

Built in 1967

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • 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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1107
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 275000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 375
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: American Community Management
  • Management Contact Name: OOO
  • Management Phone: 123-456-7890X11
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 58

Lot Info

  • Lot Dimensions: 1100
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4164.26
  • Tax Year: 2020

Multi Family

  • Units in Building: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2012
Closed on
Dec 18, 2012
Sold by
Marquette Bank
Bought by
Presecky Timothy F
Seller's Agent
Wilfred Miller
Home Builder Marketing, Ltd.
Buyer's Agent
Jim Brady
List Price
$184,900
Sold Price
$172,000
Premium/Discount to List
-$12,900
-6.98%
Current Estimated Value
$339,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,831
Avg. Annual Appreciation
5.45%
Original Mortgage
$154,800
Outstanding Balance
$99,560
Interest Rate
1.9%
Mortgage Type
New Conventional
Estimated Equity
$240,271
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
Presecky Timothy F $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Presecky Timothy F $154,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2022 04/27/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $275,000 0.0% $250 / Sq Ft
04/25/2022 04/25/22 Sold $275,000 +59.9% $250 / Sq Ft
12/18/2012 12/18/12 Sold $172,000 -7.0% $156 / Sq Ft View Prior Sale
10/18/2012 10/18/12 Pending -- -- --
10/14/2012 10/14/12 For Sale $184,900 -- $168 / 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: 11387467

Midwest Real Estate Data (MRED)

APN: 09-08-137-030