$164,000
SOLD JAN 5, 2023

7316 40th St Unit 73164F Lyons, IL 60534

2 Beds
2 Baths
1,000 Sq Ft
$275/mo HOA Fee

Recently Sold

$164 Per Sq Ft

4% Below List Price

37 Days on Market

Highlights

  • Elevator
  • Walk-In Closet
  • Park
  • Balcony
  • Living Room
  • Resident Manager or Management On Site

About This Home

As of January 2023

Spacious 2 bedroom 2 full baths condo next to the Ottawa Trail Woods! Unit features an open living area with lots of natural light, an updated kitchen with granite countertop, master bedroom with full bath and walk-in closet. Wood laminate floors throughout! Other great features include balcony off the living room, an in-unit washer and dryer, building elevator, secure storage locker(4F), and an assigned parking space(A-4F). Neat, clean and ready to move in or rent out unit. Schedule your showing today!

Last Agent to Sell the Property

Srdjan Sterleman

NS International Realty, INC License #471021426 Listed on: 10/25/2022

Last Buyer's Agent

Josue Duarte

Duarte Realty Company License #471020983

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,997

Year Built

  • Built in 2003

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Laminate Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • 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
  • 14 Units
  • Jennifer Association, Phone Number (630) 530-1122
  • Property managed by VISTA PROPERTY MANAGEMENT

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,997

Year Built

Built in 2003

Lot Details

0

HOA Fees

$275 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: 2003
  • Age: 16-20 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: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, 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), Drapes/Blinds
  • LivingArea: 1000
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 170000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 275
  • Association Amenities: Elevator(s), Storage, Park
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: VISTA PROPERTY MANAGEMENT
  • Management Contact Name: JENNIFER
  • Management Phone: 630-530-1122
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 103

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1996.95
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jan 4, 2023
Sold by
Ristic Milos
Bought by
Aguirre Maria Ines
Seller's Agent
Srdjan Sterleman
NS International Realty, INC
Buyer's Agent
Josue Duarte
Duarte Realty Company
List Price
$170,000
Sold Price
$164,000
Premium/Discount to List
-$6,000
-3.53%
Views
90
Current Estimated Value
$211,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,691
Avg. Annual Appreciation
10.85%
Original Mortgage
$155,800
Outstanding Balance
$151,320
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$61,514

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 18, 2019
Sold by
Meksraityte Edita and Vines Edita
Bought by
Ristic Milos
Seller's Agent
Rosie Gonzalez
Coldwell Banker Realty
Buyer's Agent
Srdjan Sterleman
NS International Realty, INC
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$116,400
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2009
Sold by
Jasinska Agata
Bought by
Meksraityte Edita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 2005
Sold by
Bayorgeon Stephen
Bought by
Jasinska Agata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,520
Interest Rate
7.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 6, 2003
Sold by
Sks Development Inc
Bought by
Bayorgeon Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,550
Interest Rate
6.01%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $164,000 None Listed On Document
Warranty Deed $164,000 --
Warranty Deed $120,000 Stewart Title Company
Warranty Deed $130,000 Chicago Title Insurance Co
Warranty Deed $162,000 Cti
Special Warranty Deed $149,500 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,800 New Conventional
Closed $155,800 New Conventional
Previous Owner $116,400 New Conventional
Previous Owner $104,000 Unknown
Previous Owner $166,500 New Conventional
Previous Owner $129,520 Fannie Mae Freddie Mac
Previous Owner $134,550 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $164,000 -3.5% $164 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $170,000 +41.7% $170 / Sq Ft
11/22/2019 11/22/19 Sold $120,000 0.0% $171 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $120,000 -- $171 / 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 $3,643 $15,359 $500 $14,859
2023 $1,981 $15,359 $500 $14,859
2022 $1,981 $8,876 $435 $8,441
2021 $1,909 $8,874 $434 $8,440
2020 $3,070 $8,874 $434 $8,440
2019 $964 $5,932 $391 $5,541
2018 $940 $5,932 $391 $5,541
2017 $926 $5,932 $391 $5,541
2016 $850 $4,680 $347 $4,333
2015 $783 $4,680 $347 $4,333
2014 $776 $4,680 $347 $4,333
2013 $2,432 $9,772 $347 $9,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11660338

Midwest Real Estate Data (MRED)

APN: 18-01-203-047-1013