Seller's Agent in 2024
Marti Corcoran
Coldwell Banker Realty
(773) 802-5092
13 in this area
101 Total Sales
7227 W Higgins Ave Unit 106 Chicago, IL 60656
Norwood Park NeighborhoodEstimated Value: $188,000 - $219,000
2
Beds
1.5
Baths
1,100
Sq Ft
$402/mo
HOA Fee
Highlights
- Main Floor Bedroom
- 3-minute walk to Harlem Station (Blue Line - O'hare Branch)
- Party Room
- Taft High School Rated A-
- L-Shaped Dining Room
- Elevator
About This Home
As of August 2024Northwest Terrace Condominiums in Oriole Park! A complex of 3 buildings. This is the middle building. ESTATE SALE Same owner over 30 years. A very comfortable home. Good size living room and dining room, two bedrooms with shared master bathroom, plus a guest powder room. Table space in the kitchen. Patio doors off the living room to the patio and green space. Convenient location to the Blue Line, buses, expressway, shopping, restaurants. Number 48 is the assigned parking space. Two visitor parking places opposite the lobby door. No rentals allowed per Bi-Laws. Newer Security System. There is a laundry room with newer machines, a party room, and a storage room. Unit sold AS-IS as it is being sold by a Trustee. Move right in and make it your own!! So convenient for transportation with Blue line & CTA bus & Kennedy Expressway nearby.
Last Agent to Sell the Property
Coldwell Banker Realty License #475121841 Listed on: 07/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,465
Year Built
- Built in 1971
Lot Details
- 0.71
HOA Fees
- $402 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Tar and Gravel Roof
Interior Spaces
- 1,100 Sq Ft Home
- L-Shaped Dining Room
- Laminate Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
Parking
- 1 Parking Space
- Driveway
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Patio
Schools
- Oriole Park Elementary School
- William Howard Taft High School
Utilities
- One Cooling System Mounted To A Wall/Window
- Radiant Heating System
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 28 Units
- Angelika Hayslip Association, Phone Number (847) 989-0993
- Northwest Terrace Subdivision
- Property managed by Safe Property Management IL Inc,
- 5-Story Property
Amenities
- Party Room
- Coin Laundry
- Elevator
- Community Storage Space
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2024
Closed on
Aug 7, 2024
Sold by
Theresa Bonk Living Trust and Cahill Carole
Bought by
Lam Thomas E
Seller's Agent
Marti Corcoran
Coldwell Banker Realty
Buyer's Agent
Nina Konradi
Royal Family Real Estate
List Price
$169,900
Sold Price
$173,000
Premium/Discount to List
$3,100
1.82%
Views
37
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
$32,628
Avg. Annual Appreciation
16.06%
Purchase Details
Closed on
Dec 23, 2023
Sold by
Isaac Michael and Bonk Carol
Bought by
Theresa Bonk Living Trust and Cahill
Purchase Details
Closed on
Dec 16, 2023
Sold by
Bonk Theresa
Bought by
Bonk Theresa and Theresa Bonk Living Trust
Purchase Details
Closed on
Feb 27, 2002
Sold by
Bonk Theresa and Bonk Walter
Bought by
Bonk Theresa and Bonk Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.18%
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 |
|---|---|---|---|
| Lam Thomas E | $173,000 | Saturn Title | |
| Theresa Bonk Living Trust | -- | None Listed On Document | |
| Bonk Theresa | -- | None Listed On Document | |
| Bonk Theresa | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bonk Theresa | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/08/2024 08/08/24 | Sold | $173,000 | +1.8% | $157 / Sq Ft |
| 07/19/2024 07/19/24 | Pending | -- | -- | -- |
| 07/15/2024 07/15/24 | For Sale | $169,900 | -- | $154 / 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 | $2,465 | $18,284 | $2,717 | $15,567 |
| 2023 | $2,382 | $15,001 | $2,174 | $12,827 |
| 2022 | $2,382 | $15,001 | $2,174 | $12,827 |
| 2021 | $2,346 | $14,999 | $2,173 | $12,826 |
| 2020 | $1,709 | $10,775 | $1,358 | $9,417 |
| 2019 | $1,704 | $11,911 | $1,358 | $10,553 |
| 2018 | $1,674 | $11,911 | $1,358 | $10,553 |
| 2017 | $946 | $7,772 | $1,195 | $6,577 |
| 2016 | $1,056 | $7,772 | $1,195 | $6,577 |
| 2015 | $944 | $7,772 | $1,195 | $6,577 |
| 2014 | $1,627 | $11,337 | $1,141 | $10,196 |
| 2013 | $2,376 | $15,691 | $1,141 | $14,550 |
Source: Public Records
Agents Affiliated with this Home
-
Marti Corcoran
-
Nina Konradi
Buyer's Agent in 2024
Nina Konradi
Royal Family Real Estate
(847) 997-1676
1 in this area
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12111113
APN: 12-12-202-085-1004
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