NOT LISTED FOR SALE

7336 40th St Unit 4 Lyons, IL 60534

Estimated Value: $200,882 - $246,000

2 Beds
2 Baths
-- Sq Ft
$255/mo HOA Fee

Last Sold July 14, 2022

Last sale price $156,000

Est. 47% increase in value since last sale

Current estimated payment $1,843/month

18 Days on Market

Highlights

  • Lock-and-Leave Community
  • Balcony
  • Resident Manager or Management On Site
  • Stainless Steel Appliances
  • Walk-In Closet
  • Storage

About This Home

As of July 2022

This sun drenched 2 bedroom, 2 bath condo is ready for a new owner! The elevator buildings offers a spacious kitchen and open concept living/dining area. Enjoy a great sized balcony steps for added relaxation. Inside the unit, you will find plenty of storage and washer dryer just off the hallway. The true master suite features a full bath and a walk in closet. The guest bedroom also has plenty of closet space and the guest bath is directly across the hallway. Storage unit located in basement. Exterior spot included. Photos of similar unit.

Last Agent to Sell the Property

Pedro Castaneda

Compass License #475159729 Listed on: 06/12/2022

Compass

Last Buyer's Agent

Carolina Ondra

Coldwell Banker Realty License #475123775

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,019

Year Built

  • Built in 2006

Lot Details

  • 1.44

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Combination Dining and Living Room
  • Storage
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available
  • 100 Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 14 Units
  • Management Association, Phone Number (630) 530-1122
  • Property managed by Management
  • Lock-and-Leave Community

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,019

Year Built

Built in 2006

Lot Details

0

HOA Fees

$255 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: 2006
  • 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Electric
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 255
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Management
  • Management Contact Name: Management
  • Management Phone: 630-530-1122
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • 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: 999

Tax Info

  • Tax Annual Amount: 2019
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Reyes Carmen
Bought by
Chicago Title Trust
Current Estimated Value
$229,221

Purchase Details

Listed on
Jun 12, 2022
Closed on
Jul 7, 2022
Sold by
Veronica Meraz Revocable Trust
Bought by
Reyes Carmen
Seller's Agent
Pedro Castaneda
Compass
Buyer's Agent
Carolina Ondra
Coldwell Banker Realty
List Price
$170,000
Sold Price
$156,000
Premium/Discount to List
-$14,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%

Purchase Details

Closed on
Jul 14, 2017
Sold by
Meraz Veronica
Bought by
Meraz Veronica and Veronica Meraz Revocable Trust

Purchase Details

Closed on
Apr 1, 2008
Sold by
Lenti James E
Bought by
Meraz Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,050
Interest Rate
6.09%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chicago Title Trust -- Chicago Title
Reyes Carmen $156,000 First American Title
Meraz Veronica -- Attorney
Meraz Veronica $165,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meraz Veronica $160,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2022 07/14/22 Sold $156,000 -8.2% --
07/01/2022 07/01/22 Pending -- -- --
06/12/2022 06/12/22 For Sale $170,000 0.0% --
01/03/2019 01/03/19 Rented $1,195 -4.0% --
10/22/2018 10/22/18 Under Contract -- -- --
08/03/2018 08/03/18 Price Changed $1,245 -3.9% $1 / Sq Ft
07/23/2018 07/23/18 For Rent $1,295 -- --
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
2025 $4,679 $15,470 $504 $14,966
2024 $4,679 $15,470 $504 $14,966
2023 $2,005 $15,470 $504 $14,966
2022 $2,005 $8,939 $438 $8,501
2021 $1,931 $8,938 $437 $8,501
2020 $2,019 $8,938 $437 $8,501
2019 $980 $5,974 $394 $5,580
2018 $956 $5,974 $394 $5,580
2017 $942 $5,974 $394 $5,580
2016 $863 $4,714 $350 $4,364
2015 $796 $4,714 $350 $4,364
2014 $788 $4,714 $350 $4,364
2013 $2,456 $9,842 $350 $9,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11432819

Midwest Real Estate Data (MRED)

APN: 18-01-203-047-1083