NOT LISTED FOR SALE

7440 Adams St Unit 3K Forest Park, IL 60130

Estimated Value: $125,000 - $191,000

1 Bed
1 Bath
650 Sq Ft
$219/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $38,800 $60 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $1,221/month

36 Days on Market

Highlights

  • Living Room
  • Resident Manager or Management On Site
  • Dining Room

About This Home

As of January 2015

Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A." buyer responsible for fees to HOA per IL Condo Law; sold as is buyer responsible for any muni inspections/ utility connections USE FORMS ON MLS

Last Agent to Sell the Property

Alice Jennett

Berkshire Hathaway HomeServices Chicago License #471007197 Listed on: 11/03/2014

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Jeffrey Steinberg

Beaulieu Real Estate License #475141763

Property Details

Home Type

  • Co-Op

Year Built

  • 1924

Lot Details

  • 0.29

HOA Fees

  • $191 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 650 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, exterior maintenance, lawn care, scavenger, snow removal
  • 39 Units
  • Manager Association, Phone Number (708) 771-0990
  • Morgan Court Subdivision
  • Property managed by Dowling Properties

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Year Built

1924

Lot Details

0

HOA Fees

$191 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Co-op
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Morgan Court
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 3
  • Year Built: 1924

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 650
  • Room Type: No additional rooms
  • Stories Total: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 44900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 191
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Dowling Properties
  • Management Contact Name: manager
  • Management Phone: 708-771-0990
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2921.22
  • Tax Year: 2012

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2014
Closed on
Dec 8, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Sot3 Llc
Seller's Agent
Alice Jennett
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jeffrey Steinberg
Beaulieu Real Estate
List Price
$54,900
Sold Price
$38,800
Premium/Discount to List
-$16,100
-29.33%
Total Days on Market
36
Current Estimated Value
$142,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,701
Avg. Annual Appreciation
15.17%

Purchase Details

Closed on
Oct 3, 2013
Sold by
Hurley Jennifer
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Capital I Inc

Purchase Details

Closed on
Oct 31, 2005
Sold by
Three Oaks Development Inc
Bought by
Hurley Kevin and Hurley Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,948
Interest Rate
6.7%
Mortgage Type
Fannie Mae Freddie Mac
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
Sot3 Llc $39,000 Cti
Deutsche Bank National Trust Co -- None Available
Hurley Kevin $154,000 Prairie Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sot3 Llc $410,000
Previous Owner Hurley Kevin $122,948
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $38,800 -13.6% $60 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
11/30/2014 11/30/14 Price Changed $44,900 -18.2% $69 / Sq Ft
10/31/2014 10/31/14 For Sale $54,900 -- $84 / 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 $3,292 $11,058 $365 $10,693
2023 $3,292 $11,058 $365 $10,693
2022 $3,292 $9,185 $383 $8,802
2021 $3,127 $9,184 $383 $8,801
2020 $3,047 $9,184 $383 $8,801
2019 $1,993 $5,660 $346 $5,314
2018 $1,952 $5,660 $346 $5,314
2017 $1,909 $5,660 $346 $5,314
2016 $1,579 $4,406 $319 $4,087
2015 $1,554 $4,406 $319 $4,087
2014 $636 $4,406 $319 $4,087
2013 $1,709 $7,913 $319 $7,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08767080

Midwest Real Estate Data (MRED)

APN: 15-13-210-024-1036