NOT LISTED FOR SALE

7408 N Oakley Ave Unit 2C Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $100,000 - $168,000

1 Bed
1 Bath
744 Sq Ft
$206/mo HOA Fee

Last Sold November 26, 2014

Last sale price $58,500 $79 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $978/month

59 Days on Market

Highlights

  • Breakfast Bar
  • Hot Water Heating System
  • Southern Exposure

About This Home

As of November 2014

1 BEDROOM, 1 BATH RECENT CONDO CONVERSION. NEW KITCHEN, NEW BATH W/WHIRLPOOL. HARDWOOD FLOORS THROUGHOUT. VERY CLEAN LAUNDRY IN BASEMENT. ELIGIBLE UNDER FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 09/1/14. OFFERS MUST HAVE COPY OF EM IN FROM OF CERTIFIED CASHIER'S CHECK ONLY, ATTACHED AND/OR PROOF OF FUNDS WITH CASH OFFERS. ALL DOCS UNDER ADDITIONAL DOCS MUST BE COMPETED

Last Agent to Sell the Property

Tiffany Webb

Pearson Realty Group License #475147802 Listed on: 08/12/2014

Pearson Realty Group

Last Buyer's Agent

Luis Caballero

American International Realty License #475125825

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $882

Year Built

  • 1961

Lot Details

  • Southern Exposure

HOA Fees

  • $206 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tar and Gravel Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Lake Michigan Water

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$882

Year Built

1961

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1961
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1961

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 13X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 744
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Tar and Gravel
  • Exposure: S (South)

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry, Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 206
  • Management Contact Name: Management Company
  • Management Phone: 773-249-2559

Fee Information

  • Management Company: Heus Financial

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 11303030691007

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 890.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2014
Closed on
Nov 25, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Valencia Marcos
Seller's Agent
Tiffany Webb
Pearson Realty Group
Buyer's Agent
Luis Caballero
American International Realty
List Price
$69,900
Sold Price
$58,500
Premium/Discount to List
-$11,400
-16.31%
Current Estimated Value
$132,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,245
Avg. Annual Appreciation
7.78%
Original Mortgage
$38,500
Outstanding Balance
$29,846
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$102,899

Purchase Details

Closed on
Apr 25, 2014
Sold by
Aguirre Claudia
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 18, 2007
Sold by
King Phoebe
Bought by
Aguirre Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2004
Sold by
Radziszewski Ewa
Bought by
King Phoebe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Valencia Marcos $58,500 Central Illinois Title Co
Federal Home Loan Mortgage Corp -- None Available
Aguirre Claudia $135,500 First American Title
King Phoebe $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Marcos $38,500
Previous Owner Aguirre Claudia $128,700
Previous Owner King Phoebe $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $58,500 -2.3% $79 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
09/12/2014 09/12/14 Price Changed $59,900 -14.3% $81 / Sq Ft
08/12/2014 08/12/14 For Sale $69,900 -- $94 / 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 $882 $11,191 $1,714 $9,477
2023 $839 $7,500 $1,371 $6,129
2022 $839 $7,500 $1,371 $6,129
2021 $838 $7,498 $1,370 $6,128
2020 $969 $4,350 $1,294 $3,056
2019 $970 $4,827 $1,294 $3,533
2018 $954 $4,827 $1,294 $3,533
2017 $979 $4,550 $1,142 $3,408
2016 $911 $4,550 $1,142 $3,408
2015 $834 $4,550 $1,142 $3,408
2014 $908 $7,460 $1,028 $6,432
2013 $879 $7,460 $1,028 $6,432
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Webb

    Seller's Agent in 2014

    Tiffany Webb

    Pearson Realty Group

    (773) 510-5301

    33 Total Sales

    Tiffany Webb
    Section Image

  • L

    Buyer's Agent in 2014

    Luis Caballero

    American International Realty

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08700577

Midwest Real Estate Data (MRED)

APN: 11-30-303-069-1007

Illinois Cook County Chicago 60645 West Ridge

7408 N Oakley Ave Unit 2C, Chicago, IL

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