NOT LISTED FOR SALE

500 Redondo Dr Unit 201 Downers Grove, IL 60516

Estimated Value: $221,000 - $238,000

2 Beds
1 Bath
1,013 Sq Ft
$315/mo HOA Fee

Last Sold April 30, 2020

Last sale price $122,000 $120 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,786/month

3 Days on Market

Highlights

  • Galley Kitchen
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Prairieview Elementary School Rated A-
  • Walk-In Closet
  • Heated Garage

About This Home

As of April 2020

Live in Unincorporated Downers Grove, in the beautiful Lake in the Woods subdivision for less than you would pay for rent. This two bedroom comes complete with heated garage and large storage unit, in unit laundry located just steps off of the elevator. Master bedroom has spacious walk in closet. Don't miss your chance to call this home. Close to Shopping, entertainment and restaurants! Seller is requesting this Condo be sold as-is.

Last Agent to Sell the Property

Stephanie Herbert

RE/MAX Action License #475133207 Listed on: 03/08/2020

RE/MAX Action

Last Buyer's Agent

Frank Caliendo

United Real Estate - Chicago License #475131952

United Real Estate - Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,170

Year Built

  • 1969

Lot Details

  • 1.03

HOA Fees

  • $315 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Flexicore

Interior Spaces

  • Walk-In Closet
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,170

Year Built

1969

Lot Details

0

HOA Fees

$315 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1969
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1969

Interior Features

  • Interior Property Features: Elevator, Wood Laminate Floors, Laundry Hook-Up in Unit, Flexicore, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 13X17, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X4, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 11X8, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 9X7, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X17, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1013
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Storage, Security Door Locks
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 315
  • Management Contact Name: Wayne Rutkowski
  • Management Phone: 630-588-9500

Fee Information

  • Management Company: Red Brick Management

Schools

  • School District: 99
  • Junior High Dist: 66

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0932219015

Multi Family

  • Total Number Unitsin Building: 60
  • Number Stories: 5

Tax Info

  • Taxes: 1787

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
Apr 23, 2020
Sold by
Gruskovak Richard
Bought by
Collins James and Collins Jillian
Seller's Agent
Stephanie Herbert
RE/MAX Action
Buyer's Agent
Frank Caliendo
United Real Estate - Chicago
List Price
$123,900
Sold Price
$122,000
Premium/Discount to List
-$1,900
-1.53%
Current Estimated Value
$228,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,615
Avg. Annual Appreciation
12.33%
Original Mortgage
$91,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2017
Sold by
Johnson Kathleen M
Bought by
Gruskovak Richard

Purchase Details

Listed on
May 22, 2012
Closed on
Jul 16, 2012
Sold by
Ptacek Collette A and Oprondek Collette A
Bought by
Johnson Kathleen M
Seller's Agent
Vicki Melonas
RE/MAX 1st Service
Buyer's Agent
Vicki Melonas
RE/MAX 1st Service
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$81,557
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2006
Sold by
Lukes David B and Lukes Diane E
Bought by
Ptacek Collette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,720
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2001
Sold by
Frankowski Lisa M
Bought by
Lukes David B and Lukes Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,840
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2000
Sold by
Hobbs Jane L
Bought by
Hobbs Jane L and The Jane L Hobbs Trust
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
Collins James $122,000 Fidelity National Title
Gruskovak Richard -- First American Title
Johnson Kathleen M $85,000 Citywide Title Corporation
Ptacek Collette A $161,000 Multiple
Lukes David B $107,500 Lawyers Title Pick Up
Hobbs Jane L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins James W $122,819
Closed Collins James $91,500
Previous Owner Johnson Kathleen M $81,557
Previous Owner Ptacek Collette A $128,720
Previous Owner Lukes David B $85,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $122,000 -1.5% $120 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/08/2020 03/08/20 For Sale $123,900 +45.8% $122 / Sq Ft
08/24/2012 08/24/12 Sold $85,000 0.0% $94 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $85,000 -- $94 / 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 $3,170 $56,294 $8,844 $47,450
2023 $3,053 $51,750 $8,130 $43,620
2022 $2,715 $46,580 $7,320 $39,260
2021 $2,479 $46,050 $7,240 $38,810
2020 $2,114 $45,140 $7,100 $38,040
2019 $2,033 $43,310 $6,810 $36,500
2018 $1,787 $38,160 $6,000 $32,160
2017 $1,553 $33,910 $5,770 $28,140
2016 $1,464 $32,370 $5,510 $26,860
2015 $1,427 $30,450 $5,180 $25,270
2014 $1,526 $31,840 $5,420 $26,420
2013 $1,550 $31,690 $5,390 $26,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10660371

Midwest Real Estate Data (MRED)

APN: 09-32-219-015