NOT LISTED FOR SALE

7042 98th St Unit 3B Chicago Ridge, IL 60415

Estimated Value: $158,000 - $182,000

2 Beds
2 Baths
1,029 Sq Ft
$262/mo HOA Fee

Last Sold October 27, 2023

Last sale price $150,000 $146 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,363/month

3 Days on Market

Highlights

  • Lock-and-Leave Community
  • Balcony
  • Walk-In Closet
  • Stainless Steel Appliances
  • Intercom
  • 3-minute walk to Frontier Park

About This Home

As of October 2023

***MULTIPLE OFFERS RECEIVED. H&B BY 6:00 /9/18/2023*** Welcome to this cozy and freshly painted 2 bedroom 2 bathroom condo. Nothing to do but move in! The bedrooms are a great size and feature new carpet, a primary ensuite and walk-in closet in the primary bedroom as well. There is an in-unit laundry space, outdoor storage on the balcony, and the living area is all so spacious, come take a look!

Last Agent to Sell the Property

Jasmine Popoca

Redfin Corporation License #475177970 Listed on: 09/15/2023

Redfin Corporation

Last Buyer's Agent

Annette Wagner

Baird & Warner License #475099077

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,146

Year Built

  • Built in 1979

Lot Details

  • 0.73

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,029 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Aluminum Window Frames
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Intercom

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • European Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Doors are 36 inches wide or more
  • Balcony

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Sales Association, Phone Number (708) 425-8700
  • Property managed by Erickson Management
  • Lock-and-Leave Community

Pet Policy

  • Pets up to 75 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,146

Year Built

Built in 1979

Lot Details

0

HOA Fees

$262 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: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1029
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: European Shower
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: 36" Minimum Entry Door
  • Window Features: Aluminum Frames,Blinds
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 150000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, Fuses
  • Heating: Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 262
  • Association Amenities: Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Erickson Management
  • Management Contact Name: Sales
  • Management Phone: 708-425-8700
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ernest F Kolb Elementary School
  • High School: Oak Lawn Comm High School
  • Middle/Junior School: Simmons Middle School
  • Middle/Junior School District: 122

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 75

Tax Info

  • Tax Annual Amount: 2146.43
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 24, 2023
Sold by
Juma Michael
Bought by
Leon Ruben
Seller's Agent
Jasmine Popoca
Redfin Corporation
Buyer's Agent
Annette Wagner
Baird & Warner
List Price
$150,000
Sold Price
$150,000
Views
86
Current Estimated Value
$170,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,891
Avg. Annual Appreciation
6.74%
Original Mortgage
$135,000
Outstanding Balance
$132,090
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$38,801

Purchase Details

Closed on
Apr 29, 2020
Sold by
Juma Micheal A and Ochoa Yesenia
Bought by
Juma Micheal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2010
Sold by
Serban Constantin N and Serban Ionela C
Bought by
Juma Michael A and Ochoa Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Bram Patricia and Majka Edward A
Bought by
Serban Constantin N and Serban Ionela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2003
Sold by
Bram Patricia
Bought by
Bram Patricia and Majka Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2002
Sold by
Acton Charles and Acton Diane
Bought by
Bram Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,100
Interest Rate
7.13%

Purchase Details

Closed on
Apr 17, 1998
Sold by
Pavela Timothy J and Pavela Dawn M
Bought by
Acton Charles and Acton Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.87%

Purchase Details

Closed on
Apr 26, 1996
Sold by
Lindaman Walter A
Bought by
Pavela Timothy J and Pavela Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,950
Interest Rate
7.5%
Source: Public Records

Range of Values:

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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
Leon Ruben $150,000 First American Title
Juma Micheal A -- Attorney
Juma Michael A $107,000 None Available
Serban Constantin N $115,000 Ticor
Bram Patricia -- Cti
Bram Patricia $87,500 Chicago Title Insurance Co
Acton Charles $82,500 Professional National Title
Pavela Timothy J $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Ruben $135,000
Previous Owner Juma Micheal A $83,600
Previous Owner Juma Michael A $96,300
Previous Owner Serban Constantin N $92,000
Previous Owner Bram Patricia $84,800
Previous Owner Bram Patricia $83,100
Previous Owner Acton Charles $80,000
Previous Owner Pavela Timothy J $74,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $150,000 0.0% $146 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $150,000 -- $146 / 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 $2,454 $10,923 $1,096 $9,827
2023 $2,204 $10,923 $1,096 $9,827
2022 $2,204 $9,221 $2,631 $6,590
2021 $2,146 $9,220 $2,630 $6,590
2020 $2,168 $9,220 $2,630 $6,590
2019 $1,636 $8,137 $2,411 $5,726
2018 $1,560 $8,137 $2,411 $5,726
2017 $1,584 $8,137 $2,411 $5,726
2016 $1,457 $6,602 $2,017 $4,585
2015 $1,394 $6,602 $2,017 $4,585
2014 $1,391 $6,602 $2,017 $4,585
2013 $1,756 $8,221 $2,017 $6,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11883045

Midwest Real Estate Data (MRED)

APN: 24-07-111-013-1014