NOT LISTED FOR SALE

512 Madison St Unit 3N Oak Park, IL 60302

Estimated Value: $122,000 - $155,000

1 Bed
1 Bath
900 Sq Ft
13,896 Sq Ft Lot

Sale Details

Date Sold: July 26, 2012

Last sale price $38,000 $42 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $1,230 / mo

92 Days on Market

About This Home

As of July 2012

3RD FLOOR UNIT IN BRICK BUILDING. 1BR/1BTH WITH OAK CABINETRY, HARDWOOD FLOORING AND ENCLOSED PORCH.BRING YOUR DECORATING IDEAS. THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN. THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING. SOLD AS-IS. 15 DAY FIRST LOOK FOR O/O. 3 DAY MLS EXPOSURE.

Last Agent to Sell the Property

Rosemary Signorelli

Riklin Realty License #471000505 Listed on: 03/29/2012

Last Buyer's Agent

Nutan Bansal

Coldwell Banker Realty License #475121519

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • 1914

Lot Details

  • 0.32

HOA Fees

  • $244 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Radiant Heating System

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1914

Lot Details

0.32 Acres

HOA Fees

$244 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Type Attached: Condo
  • Unit Floor Level: 3
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1914

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 900

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiant

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 244
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: PILGRIM MANAGEMENT

Schools

  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: INTEGRAL

Multi Family

  • Total Number Unitsin Building: 27
  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2013
Sold by
Raj Abhay and Raj Nalini
Bought by
Rani Associates Llc Series Cc
Current Estimated Value
$135,897

Purchase Details

Listed on
Mar 29, 2012
Closed on
Jul 16, 2012
Sold by
Federal National Mortgage Association
Bought by
Raj Abhay and Raj Nalini
Seller's Agent
Rosemary Signorelli
Riklin Realty
Buyer's Agent
Nutan Bansal
Coldwell Banker Realty
List Price
$51,500
Sold Price
$38,000
Premium/Discount to List
-$13,500
-26.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Jan 18, 2012
Sold by
Rivera Michelle R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 24, 2007
Sold by
Cobbins Fabian R
Bought by
Rivera Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,055
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2002
Sold by
Lasalle Bank National Assn
Bought by
Cobbins Fabian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
10.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rani Associates Llc Series Cc -- None Available
Raj Abhay $38,000 None Available
Federal National Mortgage Association -- None Available
Rivera Michelle R $137,000 First American
Cobbins Fabian R $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Michelle R $130,055
Previous Owner Cobbins Fabian R $80,100
Closed Cobbins Fabian R $4,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2012 07/26/12 Sold $38,000 -9.3% $42 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
06/15/2012 06/15/12 Price Changed $41,900 -11.8% $47 / Sq Ft
05/02/2012 05/02/12 Price Changed $47,500 -7.8% $53 / Sq Ft
03/29/2012 03/29/12 For Sale $51,500 -- $57 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $3,182 $9,761 $658 $9,103
2024 $3,182 $9,761 $658 $9,103
2023 $3,103 $9,761 $658 $9,103
2022 $3,103 $8,082 $529 $7,553
2021 $3,024 $8,081 $528 $7,553
2020 $2,950 $8,081 $528 $7,553
2019 $2,493 $6,498 $481 $6,017
2018 $2,400 $6,498 $481 $6,017
2017 $2,347 $6,498 $481 $6,017
2016 $2,394 $5,949 $399 $5,550
2015 $2,724 $7,553 $399 $7,154
2014 $1,670 $7,553 $399 $7,154
2013 $1,962 $8,658 $399 $8,259
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rosemary Signorelli

    Riklin Realty

    Section Image
  • Nutan Bansal

    Buyer's Agent in 2012

    Nutan Bansal

    Coldwell Banker Realty

    (630) 863-2320

    18 Total Sales

    Nutan Bansal
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08030720

Midwest Real Estate Data (MRED)

APN: 16-07-421-019-1027

Illinois Cook County Oak Park 60302

512 Madison St Unit 3N, Oak Park, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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