NOT LISTED FOR SALE

7030 98th St Unit 2B Chicago Ridge, IL 60415

Estimated Value: $159,000 - $179,000

2 Beds
2 Baths
950 Sq Ft
$214/mo HOA Fee

Last Sold August 19, 2021

Last sale price $131,000 $138 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,388/month

13 Days on Market

Highlights

  • Formal Dining Room
  • Resident Manager or Management On Site
  • Dogs and Cats Allowed
  • Balcony
  • Central Air
  • 3-minute walk to Frontier Park

About This Home

As of August 2021

Beautiful 2 Bedroom 2 bath second floor Chicago Ridge condo features in unit laundry, newer wood laminate flooring, fresh paint, a spacious living room with balcony with wooded view, modern kitchen with white cabinetry and brand new stainless steel refrigerator, formal dining room, large master bedroom with walk in closet and full master bath with subway tiled walk in shower, second good sized bedroom and full guest bath. Balcony storage room. Newer hot water heater in 2021. Two assigned parking spots included. Flexicore construction. Monthly assessment is $214 per month and includes water, garbage, lawn care and snow removal. Property taxes are $1,699.70 per year! Great location near a newly built park, shopping, restaurants and quick access to I-294! Rentals allowed.

Last Agent to Sell the Property

Mary Wallace

Coldwell Banker Realty License #475136800 Listed on: 06/23/2021

Coldwell Banker Realty

Last Buyer's Agent

Sara Hassan

Coldwell Banker Realty License #475179509

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1979

Lot Details

  • 0.73

HOA Fees

  • $214 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • 3-Story Property
  • Formal Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

  • Ernest F Kolb Elementary School
  • Simmons Middle School
  • Oak Lawn Comm High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Jessica Association, Phone Number (708) 425-8700
  • Property managed by Erickson Management

Pet Policy

  • Pets up to 40 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,242

Year Built

Built in 1979

Lot Details

0

HOA Fees

$214 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: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit
  • LivingArea: 950
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 214
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Erickson Management
  • Management Contact Name: Jessica
  • Management Phone: 708-425-8700

Fee Information

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

Schools

  • Elementary School: Ernest F Kolb Elementary School
  • High School: Oak Lawn Comm High School
  • Middle/Junior School: Simmons Middle School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 2241.68
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 18, 2021
Sold by
Halawa Amal
Bought by
Altash Mohammed
Seller's Agent
Mary Wallace
Coldwell Banker Realty
Buyer's Agent
Sara Hassan
Coldwell Banker Realty
List Price
$134,900
Sold Price
$131,000
Premium/Discount to List
-$3,900
-2.89%
Current Estimated Value
$166,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,694
Avg. Annual Appreciation
5.92%
Original Mortgage
$127,070
Outstanding Balance
$116,141
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$50,553

Purchase Details

Closed on
Feb 16, 2016
Sold by
Gad Khaled and Halawa Amal
Bought by
Halawa Amal

Purchase Details

Closed on
Mar 28, 2001
Sold by
Luc Leszek and Luc Halina
Bought by
Gad Khaled and Halawa Amal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
7.02%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 21, 1995
Sold by
Leyden Timothy P
Bought by
Chrobak Halina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.82%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Altash Mohammed $131,000 Old Republic Title
Halawa Amal -- Attorney
Gad Khaled $78,500 --
Chrobak Halina $77,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altash Mohammed $127,070
Previous Owner Gad Khaled $62,800
Previous Owner Chrobak Halina $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $131,000 -2.9% $138 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $134,900 -- $142 / 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 $3,602 $11,169 $1,121 $10,048
2023 $3,583 $11,169 $1,121 $10,048
2022 $3,583 $9,429 $2,690 $6,739
2021 $2,222 $9,428 $2,690 $6,738
2020 $2,242 $9,428 $2,690 $6,738
2019 $1,700 $8,321 $2,466 $5,855
2018 $1,622 $8,321 $2,466 $5,855
2017 $1,645 $8,321 $2,466 $5,855
2016 $1,510 $6,750 $2,062 $4,688
2015 $1,446 $6,750 $2,062 $4,688
2014 $1,442 $6,750 $2,062 $4,688
2013 $1,814 $8,406 $2,062 $6,344
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11133649

Midwest Real Estate Data (MRED)

APN: 24-07-111-013-1012