NOT LISTED FOR SALE

8231 Archer Ave Unit 3 Willow Springs, IL 60480

Estimated Value: $145,000 - $160,000

1 Bed
1 Bath
808 Sq Ft
$245/mo HOA Fee

Last Sold January 12, 2022

Last sale price $110,000 $136 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,305/month

13 Days on Market

About This Home

As of January 2022

Desirable first floor condo remodeled in 2018, ready to move in and enjoy. Kitchen and dining room open up to a light-filled living room with access to balcony. Laundry and storage located right outside of unit for convenience. HOA fees include gas, heat and water! Great location if you need to get to I294 and I55. Easy access into city with Metra nearby. Pet friendly building. Close to forest preserves and bike trails.

Last Agent to Sell the Property

Izabela Omielan

Coldwell Banker Realty License #475175833 Listed on: 11/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Izabela Omielan

Coldwell Banker Realty License #475175833 Listed on: 11/09/2021

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,115

Year Built | Renovated

  • 1972 | 2018

Lot Details

  • 0.5

HOA Fees

  • $245 per month

Home Design

  • Brick Exterior Construction

Parking

  • Driveway
  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Community Details

Overview

  • 10 Units
  • Manager Association
  • Property managed by Alps Group

Pet Policy

  • Pets Allowed
  • Pets up to 15 lbs

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,115

Year Built | Renovated

1972 | 2018

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2018
  • Directions: La Grange to Archer west, on south side of Archer Ave.
  • Lot Size: 21655
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Special Features: None
  • Year Built: 1972
  • Year Renovated: 2018

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, Storage
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Alps Group
  • Management Contact Name: Manager
  • Management Phone: 000-000-0000
  • Amenities: Storage, Laundry
  • Association Fee: 245
  • Association Fee Frequency: Monthly
  • Pets Allowed: Number Limit, Size Limit

Fee Information

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

Schools

  • Elementary School: Willow Springs Elementary School
  • High School: Argo Community High School
  • Junior High Dist: 217
  • Middle Or Junior School: Willow Springs Elementary School

Lot Info

  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 15

Multi Family

  • Units in Building: 10

Tax Info

  • Tax Annual Amount: 1390.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Feb 9, 2022
Sold by
Flanagan Thomas E
Bought by
Ginger Paul J and Ginger Nancy
Seller's Agent
Izabela Omielan
Coldwell Banker Realty
Buyer's Agent
Izabela Omielan
Coldwell Banker Realty
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
$151,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,397
Avg. Annual Appreciation
8.84%
Original Mortgage
$93,500
Outstanding Balance
$86,295
Interest Rate
3.22%
Estimated Equity
$65,102

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 7, 2022
Sold by
Flanagan Thomas E
Bought by
Ginger Paul J and Ginger Nancy
Seller's Agent
Izabela Omielan
Coldwell Banker Realty
Buyer's Agent
Izabela Omielan
Coldwell Banker Realty
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Outstanding Balance
$86,295
Interest Rate
3.22%
Estimated Equity
$65,102
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
Ginger Paul J $110,000 --
Ginger Paul J $110,000 --
Ginger Paul J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ginger Paul J $93,500
Closed Ginger Paul J $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2022 01/12/22 Sold $110,000 -8.3% $136 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $119,900 0.0% $148 / Sq Ft
11/01/2020 11/01/20 Rented $975 0.0% --
10/30/2020 10/30/20 Under Contract -- -- --
10/19/2020 10/19/20 For Rent $975 +2.6% --
04/30/2019 04/30/19 Rented $950 0.0% --
04/25/2019 04/25/19 For Rent $950 0.0% --
01/10/2019 01/10/19 Rented $950 0.0% --
01/02/2019 01/02/19 For Rent $950 -- --
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 $3,115 $10,145 $1,094 $9,051
2023 $1,323 $10,145 $1,094 $9,051
2022 $1,323 $6,687 $903 $5,784
2021 $1,340 $6,686 $903 $5,783
2020 $1,390 $6,686 $903 $5,783
2019 $744 $5,261 $808 $4,453
2018 $718 $5,261 $808 $4,453
2017 $740 $5,261 $808 $4,453
2016 $1,599 $6,199 $713 $5,486
2015 $1,446 $6,199 $713 $5,486
2014 $1,440 $6,199 $713 $5,486
2013 $1,968 $8,108 $713 $7,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11266036

Midwest Real Estate Data (MRED)

APN: 18-33-214-016-1003