$56,660
SOLD FEB 4, 2020

8545 Arnold Ave Unit 1NE River Grove, IL 60171

1 Bed
1 Bath
800 Sq Ft
$172/mo HOA Fee

Recently Sold

$71 Per Sq Ft

29% Below List Price

78 Days on Market

Highlights

  • Baseboard Heating
  • Senior Tax Exemptions
  • 3-minute walk to River Grove Station

About This Home

As of February 2020

SPACIOUS 1 BEDROOM CONDO WITH A TON OF POTENTIAL / BEING SOLD IN AS IS CONDITION / NO SURVEY NOR DISCLOSURES / TAXES PRO RATED AT 100% / SEE AGENT REMARKS FOR OFFER SUBMISSION INSTRUCTIONS.

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 10/21/2019

Last Buyer's Agent

Jeffrey Steinberg

Beaulieu Real Estate License #475141763

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,003

Year Built

  • 1976

HOA Fees

  • $172 per month

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,003

Year Built

1976

Lot Details

0

HOA Fees

$172 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1976
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1976

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 12X9, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 11X7, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 800
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 172
  • Management Contact Name: RICHARD G.
  • Management Phone: 708-456-5920

Fee Information

  • Management Company: 8545 WEST ARNOLD COURT CONDO ASSOC

Schools

  • School District: 212
  • Junior High Dist: 85.5

Lot Info

  • Parcel Identification Number: 12261030301003

Multi Family

  • Total Number Unitsin Building: 11
  • Number Stories: 3

Tax Info

  • Taxes: 3174.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jan 15, 2020
Sold by
Towd Point Mortgage Trust
Bought by
So Holdings Llc Series Xi
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Jeffrey Steinberg
Beaulieu Real Estate
List Price
$79,900
Sold Price
$56,660
Premium/Discount to List
-$23,240
-29.09%
Current Estimated Value
$100,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,673
Avg. Annual Appreciation
17.76%

Purchase Details

Closed on
Jul 11, 2019
Sold by
Ranieri Timothy R
Bought by
Us Bank National Association and Towd Point Mortgage Trust

Purchase Details

Closed on
Nov 27, 2000
Sold by
Lalumandiere Lisa
Bought by
Ranieri Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
7.86%
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 Type Sale Price Title Company
Special Warranty Deed $57,000 Fidelity National Title
Sheriffs Deed -- None Available
Warranty Deed $78,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $845,000 Commercial
Previous Owner $105,000 Unknown
Previous Owner $69,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Rented $1,215 0.0% --
06/24/2022 06/24/22 Under Contract -- -- --
06/20/2022 06/20/22 For Rent $1,215 0.0% --
06/16/2022 06/16/22 Under Contract -- -- --
06/07/2022 06/07/22 For Rent $1,215 0.0% --
02/04/2020 02/04/20 Sold $56,660 -5.4% $71 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
12/18/2019 12/18/19 Price Changed $59,900 -14.3% $75 / Sq Ft
11/19/2019 11/19/19 Price Changed $69,900 -12.5% $87 / Sq Ft
10/21/2019 10/21/19 For Sale $79,900 -- $100 / 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 $2,003 $6,197 $991 $5,206
2023 $1,964 $6,197 $991 $5,206
2022 $1,964 $6,197 $991 $5,206
2021 $2,417 $6,429 $707 $5,722
2020 $2,296 $6,429 $707 $5,722
2019 $2,520 $8,036 $707 $7,329
2018 $3,212 $9,261 $613 $8,648
2017 $3,174 $9,261 $613 $8,648
2016 $753 $9,261 $613 $8,648
2015 $843 $7,119 $542 $6,577
2014 $817 $7,119 $542 $6,577
2013 $803 $7,119 $542 $6,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10554200

Midwest Real Estate Data (MRED)

APN: 12-26-103-030-1003