NOT LISTED FOR SALE

4929 Forest Ave Unit 1E Downers Grove, IL 60515

Estimated Value: $548,000 - $679,000

2 Beds
2 Baths
1,890 Sq Ft
$368/mo HOA Fee

Last Sold August 16, 2018

Last sale price $420,000 $222 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,489/month

17 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Downers Grove Main Street Station
  • Stainless Steel Appliances
  • Pierce Downer Elementary School Rated A-
  • Walk-In Pantry
  • 4-minute walk to Prince Pond

About This Home

As of August 2018

Immaculate and stunning 2 bedroom, 2 bath condo with amazing open floor plan and flawless details. You will be impressed the moment you walk in the door to the inviting foyer, gorgeous hardwood floors and 10 ft. ceilings throughout. The gourmet kitchen has gleaming granite counter tops, custom cabinetry w/soft close cabinets, all stainless steel appliances, updated LED under cabinet lighting, walk-in pantry, and extra large island for entertaining. Spacious master bedroom with spa like en suite bath - his & her vanities, walk-in closet as large as a bedroom, and double shower. Guest bedroom features plush carpeting and large closet for extra storage as well. Quality finishes throughout - Pella windows, oversized crown moldings, wide plank flooring, updated designer lighting in kitchen and dining room. Everything has been freshly painted. This unit is SURE to please even the fussiest buyer! Walk to town, train, entertainment, shops and more! Make this your home today!

Last Agent to Sell the Property

Diane Coyle

Platinum Partners Realtors License #471005708 Listed on: 06/01/2018

Platinum Partners Realtors

Co-Listed By

Annie Kasinecz

Platinum Partners Realtors License #475163013

Last Buyer's Agent

Branka Poplonski

Century 21 Circle License #475125300

Century 21 Circle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,022

Year Built

  • 2008

Lot Details

  • 0.52

HOA Fees

  • $368 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Entrance Foyer
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,022

Year Built

2008

Lot Details

0

HOA Fees

$368 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Special Service Area: T
  • Unit Floor Level: 1
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2008
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 2008

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 21X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X09, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Walk-in
  • Additional Rooms: Foyer, Pantry
  • Master Bedroom: Dimensions: 20X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Pantry, Dimensions: 10X06, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Foyer, Dimensions: 15X06, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1890

Exterior Features

  • Exterior Building Type: Brick, Stone
  • Exterior Property Features: Balcony, Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Pet Count Limitation
  • Common Area Amenities: Elevator, Exercise Room, Storage, Golf Course, Party Room, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 368
  • Management Contact Name: JENNIFER RANIEIR
  • Management Phone: 630-530-1122X108

Fee Information

  • Management Company: VISTA PROPERTY MANAGEMENT

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0908136016

Multi Family

  • Total Number Unitsin Building: 27
  • Number Stories: 5

Tax Info

  • Taxes: 9232.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Sep 20, 2018
Sold by
Welch Michael and Welch Sherrie
Bought by
Welch Michael and Welch Sherrie
Seller's Agent
Diane Coyle
Platinum Partners Realtors
Buyer's Agent
Branka Poplonski
Century 21 Circle
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Current Estimated Value
$623,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,090
Avg. Annual Appreciation
5.43%
Original Mortgage
$200,000
Outstanding Balance
$124,219
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$486,237

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 15, 2018
Sold by
Matesi Daniel J and Matesi Judith A
Bought by
Welch Michael J and Welch Sherrie
Seller's Agent
Diane Coyle
Platinum Partners Realtors
Buyer's Agent
Branka Poplonski
Century 21 Circle
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$124,219
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$486,237

Purchase Details

Listed on
May 16, 2016
Closed on
Aug 16, 2016
Sold by
Wong Peter E
Bought by
Matesi Daniel J and Matesi Judith A
Seller's Agent
Linda Latsko
Coldwell Banker Residential RE
Buyer's Agent
Chad Matesi
Greymark Development Group LLC
List Price
$425,000
Sold Price
$395,000
Premium/Discount to List
-$30,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$245,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2013
Closed on
Oct 30, 2013
Sold by
Kaye Development Company Llc
Bought by
Wong Peter E
Seller's Agent
Gianna Ricci
Coldwell Banker Realty
Buyer's Agent
Linda Latsko
Coldwell Banker Residential RE
List Price
$369,900
Sold Price
$369,000
Premium/Discount to List
-$900
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%
Original Mortgage
$295,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2012
Sold by
Ash Residential Properties Llc
Bought by
Kaye Development Company Llc

Purchase Details

Closed on
Oct 9, 2012
Sold by
Lasalle 115 Holdings Llc
Bought by
Ash Residential Properties Llc

Purchase Details

Closed on
Mar 17, 2010
Sold by
4929 Forest Llc
Bought by
Lasalle 115 Holdings Llc Series 9 Forest and Harris Na

Purchase Details

Closed on
Oct 30, 2008
Sold by
4929 Forest Llc
Bought by
Mazzolini John A and Mazzolini Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2001
Sold by
Downers Grove National Bank
Bought by
Pepitone Joseph N
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Welch Michael -- None Available
Welch Michael J $420,000 Attorneys Title Guaranty Fun
Matesi Daniel J $395,000 Citywide Title Corporation
Wong Peter E $369,000 Attorneys Title Guaranty Fun
Kaye Development Company Llc -- None Available
Kaye Development Llc -- None Available
Ash Residential Properties Llc $1,286,500 None Available
Lasalle 115 Holdings Llc Series 9 Forest -- None Available
Mazzolini John A $247,500 Chicago Title Insurance Co
Pepitone Joseph N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Michael J $200,000
Previous Owner Matesi Daniel J $250,000
Previous Owner Matesi Daniel J $245,000
Previous Owner Wong Peter E $297,500
Previous Owner Wong Peter E $295,000
Previous Owner Mazzolini John A $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $420,000 -3.4% $222 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $435,000 +10.1% $230 / Sq Ft
08/16/2016 08/16/16 Sold $395,000 -3.4% $209 / Sq Ft
07/09/2016 07/09/16 Pending -- -- --
06/28/2016 06/28/16 Price Changed $409,000 -2.4% $216 / Sq Ft
06/03/2016 06/03/16 Price Changed $419,000 -1.4% $222 / Sq Ft
05/16/2016 05/16/16 For Sale $425,000 +15.2% $225 / Sq Ft
11/01/2013 11/01/13 Sold $369,000 -0.2% $195 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $369,900 0.0% $196 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $369,900 -- $196 / 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 $9,022 $173,592 $39,455 $134,137
2023 $8,535 $159,580 $36,270 $123,310
2022 $8,374 $153,290 $34,840 $118,450
2021 $7,835 $151,540 $34,440 $117,100
2020 $9,747 $148,540 $33,760 $114,780
2019 $9,401 $142,520 $32,390 $110,130
2018 $9,415 $138,370 $31,450 $106,920
2017 $9,233 $133,150 $30,260 $102,890
2016 $8,997 $127,080 $28,880 $98,200
2015 $8,806 $119,560 $27,170 $92,390
2014 $8,076 $107,640 $24,460 $83,180
2013 $7,082 $65,750 $24,350 $41,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09970250

Midwest Real Estate Data (MRED)

APN: 09-08-136-016