$125,000
SOLD SEP 5, 2018

7346 Lake St Unit GW River Forest, IL 60305

1 Bed
1 Bath
-- Sq Ft
$254/mo HOA Fee

Recently Sold

1% Below List Price

50 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Pantry
  • Storage
  • Lincoln Elementary School Rated A
  • Patio
  • 5-minute walk to Cummings Square

About This Home

As of September 2021

Seller is Motivated! Let's Make a Deal! What's not to love?! Adorable 1-bedroom ground level condo (only 3 steps below grade) located in the center of everything! Natural light beams in from its southern exposure, this charming vintage condo features beautiful hardwood floors, neutral color palette and painted trim, large separate dining room, and updated kitchen complete with pantry, dishwasher, and lots of cabinet space. Updated bath has linen closet & bedroom has two big closets! Added bonus is a large, private covered patio overlooking the lovely common back yard! Coin laundry and storage are located right outside the back door. The location can't be beat! Across the street from River Forest Town Center which includes Panera Bread, Whole Foods, Starbucks, DSW, & more! You're also just a short walk to the Metra and Green Line and all of Downtown Oak Park's terrific shops, restaurants, and entertainment options! Seller offers to pay for 1 year of rental parking across the street.

Last Agent to Sell the Property

Bethanny Alexander

Baird & Warner License #475138745 Listed on: 06/08/2018

Baird & Warner

Last Buyer's Agent

Steve Green

Baird & Warner License #475171969

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,647

Year Built

  • 1926

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $254 per month

Parking

  • Parking Available

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Dishwasher

Outdoor Features

  • Patio

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • $2,500 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,647

Year Built

1926

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: G
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1926
  • Type Attached: Condo, Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1926

Interior Features

  • Interior Property Features: Hardwood Floors, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Equipment: TV-Cable, Ceiling Fan
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 12X08, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X09, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio
  • Exposure: S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking Fee Lease: 50
  • Parking Ownership: Fee/Leased

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry, Storage
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 254
  • Management Contact Name: Deanna
  • Management Phone: 708-111-1111

Fee Information

  • Management Company: self managed

Schools

  • School District: 200
  • Elementary School: LINCOLN ELEMENTARY SCHOOL
  • Middle School: ROOSEVELT SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 15122170371001

Multi Family

  • Total Number Unitsin Building: 7
  • Number Stories: 3

Tax Info

  • Taxes: 3330.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Sep 22, 2021
Sold by
Walker Donald M
Bought by
Sethi Paras
Seller's Agent
Steve Green
Baird & Warner
Buyer's Agent
Lisa Grimes
Compass
List Price
$145,000
Sold Price
$132,000
Premium/Discount to List
-$13,000
-8.97%
Current Estimated Value
$170,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,224
Avg. Annual Appreciation
7.35%
Original Mortgage
$125,400
Outstanding Balance
$115,587
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$57,461

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 27, 2018
Sold by
Newman Kevin J and Newman Patricia S
Bought by
Walker Donald M
Seller's Agent
Bethanny Alexander
Baird & Warner
Buyer's Agent
Steve Green
Baird & Warner
List Price
$126,000
Sold Price
$125,000
Premium/Discount to List
-$1,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$118,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2007
Sold by
Schaaf Jeremy G and Schaaf Heidi
Bought by
Newman Elizabeth E and Newman Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 4, 2004
Sold by
Kreiss Sara L
Bought by
Schaaf Jeremy G and Schaaf Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2000
Sold by
Sculles Christopher A
Bought by
Kreiss Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
8.37%

Purchase Details

Closed on
Apr 29, 1994
Sold by
Suburban Trust & Svgs Bank
Bought by
Sculles Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,605
Interest Rate
7.88%
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 $132,000 Baird & Warner Ttl Svcs Inc
Warranty Deed $125,000 Baird & Warner Title Service
Warranty Deed $168,000 Multiple
Warranty Deed $159,500 Cti
Warranty Deed $87,000 --
Deed $66,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,400 New Conventional
Previous Owner $118,750 New Conventional
Previous Owner $111,900 New Conventional
Previous Owner $134,400 Unknown
Previous Owner $126,500 Unknown
Previous Owner $122,000 Unknown
Previous Owner $8,691 Credit Line Revolving
Previous Owner $69,600 No Value Available
Previous Owner $25,000 Credit Line Revolving
Previous Owner $62,605 No Value Available
Closed $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $132,000 -9.0% --
07/14/2021 07/14/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $145,000 +16.0% --
09/05/2018 09/05/18 Sold $125,000 -0.8% --
07/30/2018 07/30/18 For Sale $126,000 0.0% --
07/28/2018 07/28/18 Pending -- -- --
07/21/2018 07/21/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $126,000 -6.0% --
06/08/2018 06/08/18 For Sale $134,000 0.0% --
07/26/2016 07/26/16 Rented $1,250 +4.2% --
07/22/2016 07/22/16 Under Contract -- -- --
07/18/2016 07/18/16 For Rent $1,200 -- --
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 $3,647 $13,324 $1,009 $12,315
2023 $3,813 $13,324 $1,009 $12,315
2022 $3,813 $11,810 $1,144 $10,666
2021 $2,637 $11,809 $1,144 $10,665
2020 $2,782 $12,258 $1,144 $11,114
2019 $4,579 $14,750 $1,047 $13,703
2018 $3,325 $14,750 $1,047 $13,703
2017 $3,331 $14,750 $1,047 $13,703
2016 $4,004 $14,944 $872 $14,072
2015 $3,894 $14,944 $872 $14,072
2014 $3,582 $14,944 $872 $14,072
2013 $3,391 $14,646 $872 $13,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09960201

Midwest Real Estate Data (MRED)

APN: 15-12-217-037-1001