651 South Blvd Unit 8 Oak Park, IL 60302
Estimated Value: $101,000 - $177,000
1
Bed
1
Bath
700
Sq Ft
$220/mo
HOA Fee
Highlights
- Open Floorplan
- 2-minute walk to Oak Park Station (Green Line)
- Balcony
- Oliver W Holmes Elementary School Rated A-
- Wood Flooring
- 4-minute walk to Ernest Hemingway's Birthplace Museum
About This Home
As of September 2022Welcome home to this bright and clean condo in a perfect, walk-to-everything location! Step into the entryway with its huge hallway closet that leads into a large open-concept living and dining room combo. The kitchen boasts plenty of counter space and a flexible layout. On the other side of the hallway is a good-sized bedroom with a large closet, and a recently updated full bath. Hardwood floors throughout! This investor-friendly building is well maintained and includes additional dedicated storage space and a laundry room. You don't need parking in this location, but if you have a car, Village parking is just across the street and offers night or 24-hour permits starting at $152/quarter. But leave the car behind and take advantage of this fabulous location that's an easy walk to everything--pool, parks, restaurants, shopping, coffee, library, Oak Park Green Line, and more. Nothing to do but move in and enjoy or rent out and have a fantastic cash flow!
Last Agent to Sell the Property
Baird & Warner License #471003778 Listed on: 06/16/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,118
Year Built
- Built in 1949 | Remodeled in 2010
Lot Details
- 8,407
HOA Fees
- $220 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 700 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Schools
- Oliver W Holmes Elementary Schoo
- Gwendolyn Brooks Middle School
- Oak Park & River Forest High Sch
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Steam
- Lake Michigan Water
Additional Features
- Balcony
- Zero Lot Line
- Property is near a bus stop
Community Details
Overview
- Association fees include heat, water, insurance, lawn care, scavenger, snow removal
- 9 Units
- Scott Mcnab Association, Phone Number (708) 406-7550
- Property managed by Pennan Properties LLC
Amenities
- Common Area
- Coin Laundry
- Community Storage Space
Pet Policy
- Pets up to 99 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2022
Closed on
Sep 14, 2022
Sold by
Newnett I Llc
Bought by
Perry Ernest Properties Llc
Seller's Agent
Swati Saxena
Baird & Warner
Buyer's Agent
Britta Welbon-Rivera
Baird & Warner
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%
Total Days on Market
75
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,983
Avg. Annual Appreciation
19.87%
Purchase Details
Closed on
Feb 22, 2015
Sold by
Newnett Inc
Bought by
Newnett I Llc
Purchase Details
Closed on
May 9, 2014
Sold by
Wells Fargo Bank National Association
Bought by
Newnett Inc
Purchase Details
Closed on
Oct 10, 2013
Sold by
Kearney Joseph V and Kearney Joseph
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
May 19, 2004
Sold by
Cole Karen L
Bought by
Kearney Joseph V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 3, 1999
Sold by
Fornaro Philip M and Pontrelli Ralph
Bought by
Cole Karen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,950
Interest Rate
7.83%
Similar Homes in Oak Park, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perry Ernest Properties Llc | $80,000 | Prairie Title | |
| Newnett I Llc | -- | None Available | |
| Newnett Inc | $33,000 | None Available | |
| Wells Fargo Bank Na | -- | None Available | |
| Kearney Joseph V | $128,000 | Resource Title Llc | |
| Cole Karen L | $61,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Newnett Inc | $59,625 | |
| Previous Owner | Kearney Joseph V | $100,000 | |
| Previous Owner | Kearney Joseph V | $29,000 | |
| Previous Owner | Kearney Joseph V | $96,000 | |
| Previous Owner | Cole Karen L | $25,000 | |
| Previous Owner | Cole Karen L | $57,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2022 09/16/22 | Sold | $80,000 | -4.8% | $114 / Sq Ft |
| 08/31/2022 08/31/22 | Pending | -- | -- | -- |
| 08/17/2022 08/17/22 | Price Changed | $84,000 | -5.6% | $120 / Sq Ft |
| 06/16/2022 06/16/22 | For Sale | $89,000 | -- | $127 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,280 | $9,005 | $1,176 | $7,829 |
| 2023 | $3,280 | $9,767 | $1,176 | $8,591 |
| 2022 | $3,280 | $8,542 | $840 | $7,702 |
| 2021 | $3,196 | $8,541 | $840 | $7,701 |
| 2020 | $3,118 | $8,541 | $840 | $7,701 |
| 2019 | $3,117 | $8,123 | $756 | $7,367 |
| 2018 | $3,000 | $8,123 | $756 | $7,367 |
| 2017 | $4,154 | $11,500 | $756 | $10,744 |
| 2016 | $3,246 | $8,066 | $630 | $7,436 |
| 2015 | $2,909 | $8,066 | $630 | $7,436 |
| 2014 | $2,518 | $10,082 | $630 | $9,452 |
| 2013 | $2,437 | $11,373 | $630 | $10,743 |
Source: Public Records
Agents Affiliated with this Home
-
Swati Saxena
Seller's Agent in 2022
Swati Saxena
Baird Warner
(847) 477-3655
160 in this area
251 Total Sales
-
Britta Welbon-Rivera
Buyer's Agent in 2022
Britta Welbon-Rivera
Baird Warner
(312) 806-3297
1 in this area
69 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11436804
APN: 16-07-401-031-1008
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