$70,000
SOLD NOV 25, 2014

641 Garfield St Unit 3 Oak Park, IL 60304

1 Bed
1 Bath
-- Sq Ft
$291/mo HOA Fee

Recently Sold

6% Above List Price

51 Days on Market

Highlights

  • Property is near a bus stop
  • 5-minute walk to Oak Park Station (Blue Line)
  • 1-minute walk to Oak Park Conservatory
  • Washington Irving School Rated A-
  • Hot Water Heating System

About This Home

As of June 2020

Beautiful top-floor unit converted in 2001. This is a one bedroom with a very large Den, Up-dated Kitchen, hardwood floors, in unit-laundry, large storage unit and courtyard with deck for grilling. Very convenient location steps from CTA Blue Line and I-90 expressway, shopping, restaurants, park and pool. 24 hour permit parking available.

Last Agent to Sell the Property

Joseph Magdaleno

CHI Properties Inc. License #475140802 Listed on: 07/08/2014

Last Buyer's Agent

Zak Knebel

@properties Christie's International Real Estate License #475131969

@properties   Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,721

Year Built

  • 1927

HOA Fees

  • $291 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • Leasehold Lot
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,721

Year Built

1927

Lot Details

0

HOA Fees

$291 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Leasehold
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1927
  • Type Attached: Condo
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1927

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X18, On Level: Main Level
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 11X7, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X8, On Level: Main Level
  • Family Room: Dimensions: 11X11, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 291

Schools

  • School District: 97
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 16184050141023

Multi Family

  • Total Number Unitsin Building: 59
  • Number Stories: 3

Tax Info

  • Taxes: 2935.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Jun 25, 2020
Sold by
Knebel Matthew
Bought by
Szymczak Christopher P
Seller's Agent
Zak Knebel
@properties Christie's International Real Estate
Buyer's Agent
Joe Thorne
@properties Christie's International Real Estate
List Price
$110,000
Sold Price
$102,500
Premium/Discount to List
-$7,500
-6.82%
Current Estimated Value
$148,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,689
Avg. Annual Appreciation
7.25%

Purchase Details

Listed on
Jul 8, 2014
Closed on
Dec 3, 2014
Sold by
Ardam Paul M
Bought by
Knebel Matthew
Seller's Agent
Joseph Magdaleno
CHI Properties Inc.
Buyer's Agent
Zak Knebel
@properties Christie's International Real Estate
List Price
$65,900
Sold Price
$70,000
Premium/Discount to List
$4,100
6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$66,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2005
Sold by
Baran Marzena
Bought by
Stelmach Erik

Purchase Details

Closed on
Jul 9, 2004
Sold by
Schwanderlik Kenneth R and Tulacz Rowena T
Bought by
Ardam Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,700
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2002
Sold by
Fox Partners Lp
Bought by
Schwanderlik Kenneth R and Tulacz Rowena T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,700
Interest Rate
7.23%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $102,500 Chicago Title
Warranty Deed $70,000 --
Warranty Deed $70,000 --
Warranty Deed $70,000 --
Quit Claim Deed -- --
Warranty Deed $138,000 Prairie Title
Warranty Deed $108,500 Prairie Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $66,500 New Conventional
Previous Owner $122,200 Stand Alone First
Previous Owner $128,000 New Conventional
Previous Owner $24,000 Credit Line Revolving
Previous Owner $20,700 Credit Line Revolving
Previous Owner $19,000 Credit Line Revolving
Previous Owner $7,500 Credit Line Revolving
Previous Owner $102,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $102,500 -6.8% --
05/28/2020 05/28/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $110,000 +57.1% --
01/30/2015 01/30/15 Off Market $70,000 -- --
11/25/2014 11/25/14 Sold $70,000 +16.9% --
08/28/2014 08/28/14 Pending -- -- --
08/10/2014 08/10/14 Price Changed $59,900 -9.1% --
07/08/2014 07/08/14 For Sale $65,900 -- --
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 $3,721 $11,416 $684 $10,732
2023 $3,335 $11,416 $684 $10,732
2022 $3,335 $8,687 $501 $8,186
2021 $3,250 $8,685 $500 $8,185
2020 $2,038 $8,685 $500 $8,185
2019 $965 $5,944 $452 $5,492
2018 $2,195 $5,944 $452 $5,492
2017 $2,147 $5,944 $452 $5,492
2016 $2,204 $5,476 $378 $5,098
2015 $2,468 $6,845 $378 $6,467
2014 $2,043 $8,665 $378 $8,287
2013 $2,893 $11,519 $378 $11,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08666746

Midwest Real Estate Data (MRED)

APN: 16-18-405-014-1023