NOT LISTED FOR SALE

Washington Terrace 7443 Washington St Unit 209 Forest Park, IL 60130

Estimated Value: $156,000 - $182,000

2 Beds
2 Baths
900 Sq Ft
$216/mo HOA Fee

Last Sold November 20, 2015

Last sale price $80,000 $89 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,435/month

141 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Heating Available

About This Home

As of November 2015

Well Maintained 2 Bed 1.5 Bath Condo in Forest Park. 1 assigned parking space included (cover space). Short distance to Downtown Forest Park & Downtown Oak Park. Easy access to I-290.

Last Agent to Sell the Property

Todd Stephenson

Premier Chicago Real Estate License #471020776 Listed on: 05/04/2015

Last Buyer's Agent

Kellye Brown

Debbie Richards Realty Group, Inc License #475142721

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,334

Lot Details

  • 0.45

HOA Fees

  • $216 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • North or South Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,334

Lot Details

0

HOA Fees

$216 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X11, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X10, On Level: Main Level
  • Kitchen Type: Dimensions: 8X7, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X10, On Level: Main Level
  • Bedroom 2: Dimensions: 14X10, On Level: Main Level
  • Estimated Sq Ft: 900

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

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, Elevator
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 216
  • Management Contact Name: Shirley Grott
  • Management Phone: 708-452-4242

Fee Information

  • Management Company: Cortland Properties Inc

Schools

  • School District: 209
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 15124300341041

Multi Family

  • Total Number Unitsin Building: 24
  • Number Stories: 6

Tax Info

  • Taxes: 1133.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Nov 20, 2015
Sold by
Osaigbovo Ebvomien Aloyeh
Bought by
Bradley Demetria
Seller's Agent
Todd Stephenson
Premier Chicago Real Estate
Buyer's Agent
Kellye Brown
Debbie Richards Realty Group, Inc
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%
Current Estimated Value
$173,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,024
Avg. Annual Appreciation
8.20%
Original Mortgage
$76,000
Outstanding Balance
$61,957
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$111,067

Purchase Details

Closed on
Nov 22, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Osaigbovo Ebvomien Aloyeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,777
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2010
Sold by
Berrios Joel
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 25, 2008
Sold by
Berrios Joel and Berrios Johanna I
Bought by
Berrios Joel and Berrios Johanna I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,955
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2005
Sold by
Khan Asadulla M and Khan Shamin Amtul
Bought by
Berrios Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Interest Rate
6.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 1998
Sold by
Khan Mazhar M and Khan Asadulla M
Bought by
Khan Asadulla M and Khan Shamin Amtul

Purchase Details

Closed on
Jul 14, 1994
Sold by
Fournier Thomas J
Bought by
Khan Asadulla M and Khan Mazhar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,300
Interest Rate
7.62%
Source: Public Records

Range of Values:

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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
Bradley Demetria $80,000 First American Title
Osaigbovo Ebvomien Aloyeh -- Stewart Title Company
The Secretary Of Housing & Urban Develop -- None Available
Berrios Joel -- Residential Title Services
Berrios Joel $130,000 Multiple
Khan Asadulla M -- --
Khan Asadulla M $53,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Demetria $76,000
Previous Owner Osaigbovo Ebvomien Aloyeh $47,777
Previous Owner Berrios Joel $168,955
Previous Owner Berrios Joel $165,000
Previous Owner Berrios Joel $126,100
Previous Owner Khan Asadulla M $25,000
Previous Owner Khan Asadulla M $39,675
Previous Owner Khan Asadulla M $42,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $80,000 -5.9% $89 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
07/30/2015 07/30/15 Price Changed $85,000 -4.5% $94 / Sq Ft
05/04/2015 05/04/15 For Sale $89,000 -- $99 / 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 $3,334 $14,417 $479 $13,938
2023 $2,367 $14,417 $479 $13,938
2022 $2,367 $10,026 $323 $9,703
2021 $2,279 $10,025 $323 $9,702
2020 $2,297 $10,025 $323 $9,702
2019 $1,360 $7,292 $299 $6,993
2018 $1,330 $7,292 $299 $6,993
2017 $1,321 $7,292 $299 $6,993
2016 $680 $4,394 $275 $4,119
2015 $625 $4,394 $275 $4,119
2014 $632 $4,394 $275 $4,119
2013 $1,133 $5,565 $275 $5,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08910854

Midwest Real Estate Data (MRED)

APN: 15-12-430-034-1041