NOT LISTED FOR SALE

7042 98th St Unit 1A Chicago Ridge, IL 60415

Estimated Value: $141,142 - $182,000

2 Beds
2 Baths
750 Sq Ft
$161/mo HOA Fee

Last Sold July 26, 2013

Last sale price $51,660 $69 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $1,292/month

26 Days on Market

Highlights

  • End Unit
  • Storage
  • Southern Exposure
  • Balcony
  • Central Air
  • 3-minute walk to Frontier Park

About This Home

As of July 2013

This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. Approved for HomePath Renovation Financing & Homepath Mort. financing.COME SEE THIS COMPLETELY REMODELED CONDO 2BEDROOM 2 BATH FIRST FLOOR IN THE HEART OF CHICAGO RIDG. NOTHING TO DO IN THIS UNIT, JUST MOVE RIGHT INTO IT.SPACE FOR IN UNIT WASHER AND DRYER

Last Agent to Sell the Property

Kristi Turn

Keller Williams Preferred Rlty License #475132956 Listed on: 06/06/2013

Keller Williams Preferred Rlty

Last Buyer's Agent

Steven Almasri

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,450

Year Built

  • 1978

Lot Details

  • End Unit
  • Southern Exposure

HOA Fees

  • $161 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,450

Year Built

1978

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Type Attached: Condo
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1978

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Dimensions: 9X9, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, End Unit
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment/Association Fees: 161
  • Assessment Includes: Water, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: Erikson

Schools

  • Junior High Dist: 127

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2013
Closed on
Jul 22, 2013
Sold by
Fannie Mae
Bought by
Almasri Khadejeh
Seller's Agent
Kristi Turn
Keller Williams Preferred Rlty
Buyer's Agent
Steven Almasri
Coldwell Banker Realty
List Price
$44,800
Sold Price
$51,660
Premium/Discount to List
$6,860
15.31%
Current Estimated Value
$160,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,126
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Apr 29, 2013
Sold by
Hussein Eddie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 27, 2004
Sold by
Abusharekh Salaheddin
Bought by
Hussein Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
5.89%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Almasri Khadejeh $52,000 None Available
Federal National Mortgage Association -- None Available
Hussein Eddie $118,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hussein Eddie $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $51,660 +15.3% $69 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $44,800 -- $60 / 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 $3,450 $10,698 $1,074 $9,624
2023 $3,431 $10,698 $1,074 $9,624
2022 $3,431 $9,031 $2,577 $6,454
2021 $3,290 $9,029 $2,576 $6,453
2020 $3,200 $9,029 $2,576 $6,453
2019 $1,577 $7,968 $2,361 $5,607
2018 $1,504 $7,968 $2,361 $5,607
2017 $1,528 $7,968 $2,361 $5,607
2016 $2,295 $6,465 $1,975 $4,490
2015 $2,265 $6,465 $1,975 $4,490
2014 $2,229 $6,465 $1,975 $4,490
2013 $1,703 $8,051 $1,975 $6,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08362028

Midwest Real Estate Data (MRED)

APN: 24-07-111-013-1001