7318 Lake St Unit 5 River Forest, IL 60305
1
Bed
1
Bath
806
Sq Ft
$185/mo
HOA Fee
Highlights
- Wood Flooring
- Walk-In Closet
- Storage
- Lincoln Elementary School Rated A
- Breakfast Bar
- 4-minute walk to Cummings Square
About This Home
As of April 2018Cute one-bedroom condo on Lake Street in River Forest, within blocks of downtown Oak Park, green line, Whole Foods and shopping. New hardwood flooring, huge walk-in closet with built-in shelving, storage unit, new water heater and assigned parking space. Laundry in building. Lots of updates to the building including new roof, stairwell lighting and carpeting, exterior paint and tuck-pointing.
Last Agent to Sell the Property
Prello Realty License #471006989 Listed on: 09/04/2014
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,898
Year Built
- 1972
HOA Fees
- $185 per month
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- Walk-In Closet
- Storage
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Oven or Range
Parking
- Parking Available
- Driveway
- Parking Included in Price
- Assigned Parking
Utilities
- One Cooling System Mounted To A Wall/Window
- Individual Controls for Heating
- Baseboard Heating
Additional Features
- East or West Exposure
- Property is near a bus stop
Community Details
- Pets Allowed
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2017
Closed on
Mar 13, 2018
Sold by
Pavlou Tasos and Pavlou Eleni
Bought by
Brennan Sean M
Seller's Agent
Neo Neophytou
Executive Realty Group LLC
Buyer's Agent
Jack Lattner
Compass
List Price
$129,900
Sold Price
$105,000
Premium/Discount to List
-$24,900
-19.17%
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
$59,061
Avg. Annual Appreciation
6.22%
Original Mortgage
$60,000
Outstanding Balance
$20,114
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$143,041
Purchase Details
Listed on
Sep 4, 2014
Closed on
Feb 27, 2015
Sold by
Steele Rachel S
Bought by
Pavlou Tasos and Pavlou Eleni
Seller's Agent
Robert Picciariello
Prello Realty
Buyer's Agent
Neo Neophytou
Executive Realty Group LLC
List Price
$98,000
Sold Price
$93,500
Premium/Discount to List
-$4,500
-4.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Purchase Details
Closed on
Aug 13, 2008
Sold by
Homesales Inc
Bought by
Steele Rachel S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.41%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 3, 2008
Sold by
Patton Renita
Bought by
Homesales Inc
Purchase Details
Closed on
Jun 20, 1997
Sold by
Continental Community Bank & Trust Co
Bought by
Patton Renita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,950
Interest Rate
8%
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $105,000 | Chicago Title | |
| Warranty Deed | $93,500 | Prairie Title | |
| Special Warranty Deed | $119,000 | First American Title | |
| Legal Action Court Order | -- | First American Title | |
| Trustee Deed | $68,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | New Conventional | |
| Previous Owner | $95,200 | Unknown | |
| Previous Owner | $71,207 | Credit Line Revolving | |
| Previous Owner | $69,000 | Unknown | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $10,000 | Credit Line Revolving | |
| Previous Owner | $67,000 | Unknown | |
| Previous Owner | $65,950 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2018 04/02/18 | Sold | $105,000 | -4.5% | $130 / Sq Ft |
| 02/06/2018 02/06/18 | Pending | -- | -- | -- |
| 01/29/2018 01/29/18 | Price Changed | $109,999 | -2.7% | $136 / Sq Ft |
| 10/22/2017 10/22/17 | Price Changed | $112,999 | -5.0% | $140 / Sq Ft |
| 10/13/2017 10/13/17 | Price Changed | $118,999 | -4.0% | $148 / Sq Ft |
| 09/17/2017 09/17/17 | Price Changed | $123,999 | -4.5% | $154 / Sq Ft |
| 08/23/2017 08/23/17 | For Sale | $129,900 | +38.9% | $161 / Sq Ft |
| 02/27/2015 02/27/15 | Sold | $93,500 | -4.6% | $116 / Sq Ft |
| 02/19/2015 02/19/15 | Pending | -- | -- | -- |
| 01/05/2015 01/05/15 | For Sale | $98,000 | 0.0% | $122 / Sq Ft |
| 10/31/2014 10/31/14 | Pending | -- | -- | -- |
| 09/04/2014 09/04/14 | For Sale | $98,000 | -- | $122 / 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 | $1,898 | $12,900 | $1,112 | $11,788 |
| 2023 | $1,059 | $12,900 | $1,112 | $11,788 |
| 2022 | $1,059 | $9,438 | $1,561 | $7,877 |
| 2021 | $1,071 | $9,437 | $1,561 | $7,876 |
| 2020 | $1,171 | $9,437 | $1,561 | $7,876 |
| 2019 | $3,194 | $10,290 | $1,411 | $8,879 |
| 2018 | $2,014 | $10,290 | $1,411 | $8,879 |
| 2017 | $2,630 | $12,356 | $1,411 | $10,945 |
| 2016 | $2,962 | $11,704 | $1,176 | $10,528 |
| 2015 | $2,870 | $11,704 | $1,176 | $10,528 |
| 2014 | $2,645 | $11,704 | $1,176 | $10,528 |
| 2013 | $2,843 | $12,706 | $1,176 | $11,530 |
Source: Public Records
Agents Affiliated with this Home
-
Neo Neophytou
N
Seller's Agent in 2018
Neo Neophytou
Executive Realty Group LLC
(630) 894-1030
1 Total Sale
-
Jack Lattner
Buyer's Agent in 2018
Jack Lattner
Compass
(630) 336-4080
1 in this area
19 Total Sales
-
Robert Picciariello
Seller's Agent in 2015
Robert Picciariello
Prello Realty
(312) 933-1591
2 in this area
1,156 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08719479
APN: 15-12-217-034-1005
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