NOT LISTED FOR SALE

7000 Mather Ave Unit 105 Chicago Ridge, IL 60415

Estimated Value: $144,000 - $173,089

2 Beds
1 Bath
1,200 Sq Ft
$265/mo HOA Fee

Last Sold September 17, 2018

Last sale price $65,000 $54 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,441/month

6 Days on Market

Highlights

  • Main Floor Bedroom
  • Living Room
  • Bathroom on Main Level
  • Balcony
  • Entrance Foyer
  • 2-minute walk to Frontier Park

About This Home

As of September 2018

Great first floor condo with balcony in a quiet building/location, yet near all conveniences: shopping, I-294, schools, restaurants. Large master bedroom with lots of closet space, eat in kitchen opens to living room. Newer sliding glass door to balcony. Newer windows. Fully Applianced Kitchen with a lot of counter and cabinet space. Located adjacent to Frontier Park and has a private parking lot for residents plus a lot of street parking. Laundry on the main level with large storage closet. Few sales in this building, most recent was in 2017 and sold for $100K! Great value! This is an estate, the condo is in good shape, but sold AS IS. Paint and carpet and you have a great deal and instant equity. LOW TAXES! Heat Included in Assessments!

Last Agent to Sell the Property

Freeman Cotter Homes

Berkshire Hathaway HomeServices Chicago License #471019709 Listed on: 08/14/2018

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Richard Oudeh

Century 21 Circle License #475170269

Century 21 Circle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $274

Year Built

  • Built in 1981

Lot Details

  • 0.54

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Living Room
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 15 Units
  • Derek Elli Association, Phone Number (217) 637-1773
  • Property managed by TARA RIDGE CONDO ASSOCIATION

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$274

Year Built

Built in 1981

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1981
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1200
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1200
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1200
  • Main Level Sq Ft: 1200

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 69900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 265
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: TARA RIDGE CONDO ASSOCIATION
  • Management Contact Name: DEREK ELLI
  • Management Phone: 217-637-1773
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 122

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 274.3
  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Agha Muhammad and Kouthari Thanaa
Bought by
Cruz Luz-Angelica
Current Estimated Value
$162,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Outstanding Balance
$94,985
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$67,537

Purchase Details

Closed on
Apr 5, 2022
Sold by
Agha Muhmmad and Agha Thanaa
Bought by
Cruz Luz-Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Outstanding Balance
$94,985
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$67,537

Purchase Details

Listed on
Aug 14, 2018
Closed on
Sep 13, 2018
Sold by
Gallagher Thomas E
Bought by
Thanaa Agha Muhammad and Thanaa Kouthari
Seller's Agent
Freeman Cotter Homes
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Richard Oudeh
Century 21 Circle
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%

Purchase Details

Closed on
May 29, 2001
Sold by
Gallagher Thomas J
Bought by
Gallagher Thomas J and The Thomas J Gallagher Revocable Trust

Purchase Details

Closed on
Apr 25, 1995
Sold by
Triner Scott M and Triner Patricia A
Bought by
Gallagher Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.39%
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
Cruz Luz-Angelica $112,500 --
Cruz Luz-Angelica $112,500 Chicago Title
Thanaa Agha Muhammad $65,000 First American Title Company
Gallagher Thomas J -- --
Gallagher Thomas J $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Luz-Angelica $101,250
Previous Owner Gallagher Thomas J $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $65,000 -7.0% $54 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $69,900 -- $58 / 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 $3,892 $12,069 $1,011 $11,058
2023 $741 $12,068 $1,010 $11,058
2022 $741 $8,106 $2,425 $5,681
2021 $769 $8,105 $2,425 $5,680
2020 $893 $8,105 $2,425 $5,680
2019 $1,329 $9,999 $2,223 $7,776
2018 $3,424 $10,315 $2,223 $8,092
2017 $274 $10,315 $2,223 $8,092
2016 $1,069 $7,661 $1,859 $5,802
2015 $1,108 $7,661 $1,859 $5,802
2014 $1,756 $7,661 $1,859 $5,802
2013 $1,958 $8,864 $1,859 $7,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10051991

Midwest Real Estate Data (MRED)

APN: 24-07-107-021-1005