NOT LISTED FOR SALE

Washington Terrace 7443 Washington St Unit 510 Forest Park, IL 60130

Estimated Value: $162,000 - $199,000

2 Beds
1.5 Baths
900 Sq Ft
$227/mo HOA Fee

Last Sold February 16, 2024

Last sale price $155,900 $173 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,514/month

131 Days on Market

Highlights

  • Elevator
  • Baseboard Heating
  • Dogs and Cats Allowed
  • Resident Manager or Management On Site

About This Home

As of February 2024

BEAUTIFUL 2 bed and 1.5 bath 5th-floor condo waiting for you to call home. Laminate flooring throughout the home. Updated kitchen: granite kitchen countertop, maple kitchen cabinet, and appliances. Extra large pantry for your storage. Both bathrooms are also upgraded. For investors, there is no cap on rental. You don't have to do anything; pack up and move in. You will not be disappointed!

Last Agent to Sell the Property

Yong Yap

Keller Williams Infinity License #475126710 Listed on: 09/08/2023

Keller Williams Infinity

Last Buyer's Agent

Geraldine Mullen

Ziggy Realty and Builders License #475143125

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,413

Year Built

  • Built in 1975

Lot Details

  • 0.45

HOA Fees

  • $227 Monthly HOA Fees

Home Design

  • 900 Sq Ft Home
  • Brick Exterior Construction

Kitchen

  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Parking

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

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, snow removal
  • 50 Units
  • Manager Association, Phone Number (708) 452-4242
  • Property managed by Cortland Properties
  • 6-Story Property

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Additional Features

  • Elevator
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,413

Year Built

Built in 1975

Lot Details

0

HOA Fees

$227 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: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Electric, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 227
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cortland Properties
  • Management Contact Name: Manager
  • Management Phone: 708-452-4242
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 3413
  • Tax Year: 2021

Multi Family

  • Units in Building: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Feb 14, 2024
Sold by
Dawn Investment Llc
Bought by
Madun Germaris
Seller's Agent
Yong Yap
Keller Williams Infinity
Buyer's Agent
Geraldine Mullen
Ziggy Realty and Builders
List Price
$145,000
Sold Price
$155,900
Premium/Discount to List
$10,900
7.52%
Views
665
Current Estimated Value
$176,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,155
Avg. Annual Appreciation
7.41%
Original Mortgage
$140,310
Outstanding Balance
$137,722
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$38,333

Purchase Details

Listed on
Jan 13, 2013
Closed on
Mar 12, 2013
Sold by
Federal National Mortgage Association
Bought by
Dawn Investment Llc
Seller's Agent
Albert Diaz
Century 21 NuVision Real Estate
Buyer's Agent
Rich Joseph
Worth Clark Realty
List Price
$59,900
Sold Price
$54,000
Premium/Discount to List
-$5,900
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Oct 30, 2012
Sold by
Montero Francisco Jaier
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 24, 2005
Sold by
Montero Francisco Javier and Arroyo Gladys
Bought by
Montero Francisco Javier and Montero Amiee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
9.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2001
Sold by
Montero Francisco Javier
Bought by
Montero Francisco Javier and Arroyo Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.18%

Purchase Details

Closed on
Dec 5, 2001
Sold by
Arroyo Gladys
Bought by
Montero Francisco Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.18%

Purchase Details

Closed on
Apr 12, 1999
Sold by
Harris Steve L
Bought by
Montero Francisco Javier and Arroyo Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
6.99%
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
Madun Germaris $156,000 Citywide Title
Dawn Investment Llc $54,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Montero Francisco Javier -- Exeter Title Company
Montero Francisco Javier -- World Title Guaranty Inc
Montero Francisco Javier -- World Title Guaranty Inc
Montero Francisco Javier $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madun Germaris $140,310
Previous Owner Montero Francisco Javier $130,000
Previous Owner Montero Francisco Javier $75,000
Previous Owner Montero Francisco Javier $53,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $155,900 +4.0% $173 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
10/26/2023 10/26/23 Price Changed $149,900 +3.4% $167 / Sq Ft
10/26/2023 10/26/23 For Sale $145,000 -7.0% $161 / Sq Ft
10/01/2023 10/01/23 Off Market $155,900 -- --
09/13/2023 09/13/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $145,000 0.0% $161 / Sq Ft
11/29/2022 11/29/22 Rented $1,600 0.0% --
11/08/2022 11/08/22 Price Changed $1,600 -3.0% $2 / Sq Ft
10/06/2022 10/06/22 For Rent $1,650 0.0% --
09/26/2022 09/26/22 Off Market $1,650 -- --
09/20/2022 09/20/22 For Rent $1,650 0.0% --
03/29/2013 03/29/13 Sold $54,000 0.0% $60 / Sq Ft View Prior Sale
03/07/2013 03/07/13 Pending -- -- --
03/04/2013 03/04/13 Off Market $54,000 -- --
02/21/2013 02/21/13 Price Changed $54,900 -8.3% $61 / Sq Ft
01/13/2013 01/13/13 For Sale $59,900 -- $67 / 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 $4,330 $14,417 $479 $13,938
2023 $3,593 $14,417 $479 $13,938
2022 $3,593 $10,026 $323 $9,703
2021 $3,413 $10,025 $323 $9,702
2020 $3,326 $10,025 $323 $9,702
2019 $2,568 $7,292 $299 $6,993
2018 $2,515 $7,292 $299 $6,993
2017 $2,459 $7,292 $299 $6,993
2016 $1,575 $4,394 $275 $4,119
2015 $1,550 $4,394 $275 $4,119
2014 $1,521 $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: 11879771

Midwest Real Estate Data (MRED)

APN: 15-12-430-034-1049