NOT LISTED FOR SALE

5540 W 103rd St Unit 2A Oak Lawn, IL 60453

Estimated Value: $113,000 - $174,000

2 Beds
1.5 Baths
900 Sq Ft
$165/mo HOA Fee

Last Sold May 14, 2012

Last sale price $43,000 $48 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,203/month

72 Days on Market

Highlights

  • Lock-and-Leave Community
  • Living Room
  • Laundry Room
  • Sward Elementary School Rated 9+
  • Resident Manager or Management On Site
  • Central Air

About This Home

As of May 2012

LOVELY, WELL MAINTAINED BUILDING IN A GORGEOUS AREA OF OAK LAWN. THE UNIT FEATURES TWO BEDROOMS, A DINING ROOM, 1.5 BATHS AND GREAT ROOM SIZES. SHOPPING AND TRANSPORTATION ARE STEPS AWAY. THIS UNIT IS PRICED TO SELL!! LOT/ROOM SIZES ESTIMATED. THE SELLER IS OFFERING SPECIAL FINANCING WITH INCENTIVES AND AS LITTLE AS 3% DOWN!! ADDENDUMS MUST ACCOMPANY ALL OFFERS. ADDENDUMS CAN BE FOUND ON HOMEPATH WEBSITE.

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty Inc License #471004755 Listed on: 02/10/2012

Last Buyer's Agent

Saadi Ramadan

New Vison Real Estate Brokers License #471011405

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 1975

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 10 Units
  • Lock-and-Leave Community

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,870

Year Built

Built in 1975

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1975
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Special Features: 1028
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 3
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 165
  • Association Amenities: Coin Laundry, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 1870
  • Tax Year: 2009

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
May 2, 2012
Sold by
Fannie Mae
Bought by
Quad Amer
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
Saadi Ramadan
New Vison Real Estate Brokers
List Price
$45,400
Sold Price
$43,000
Premium/Discount to List
-$2,400
-5.29%
Current Estimated Value
$152,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,891
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Oct 21, 2011
Sold by
Zaremba Michael J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 8, 1999
Sold by
Midwest Trust Services Inc
Bought by
Zaremba Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
8.21%
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
Quad Amer $43,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Zaremba Michael J $96,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaremba Michael J $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2012 05/14/12 Sold $43,000 -2.3% $48 / Sq Ft
04/22/2012 04/22/12 Pending -- -- --
04/14/2012 04/14/12 Price Changed $44,000 -3.1% $49 / Sq Ft
04/06/2012 04/06/12 For Sale $45,400 0.0% $50 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $45,400 -- $50 / 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 $2,846 $12,174 $937 $11,237
2023 $2,160 $12,174 $937 $11,237
2022 $2,160 $8,901 $1,718 $7,183
2021 $2,137 $8,900 $1,718 $7,182
2020 $2,202 $8,900 $1,718 $7,182
2019 $1,213 $6,594 $1,562 $5,032
2018 $1,166 $6,594 $1,562 $5,032
2017 $2,251 $9,398 $1,562 $7,836
2016 $1,572 $6,516 $1,288 $5,228
2015 $1,500 $6,516 $1,288 $5,228
2014 $1,500 $6,516 $1,288 $5,228
2013 $1,815 $7,923 $1,288 $6,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 07993812

Midwest Real Estate Data (MRED)

APN: 24-09-316-013-1003