NOT LISTED FOR SALE

8620 Waukegan Rd Unit 509 Morton Grove, IL 60053

Estimated Value: $244,309 - $348,000

2 Beds
2 Baths
1,250 Sq Ft
$328/mo HOA Fee

Last Sold August 04, 2016

Last sale price $177,000 $142 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,144/month

218 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Storage
  • Hynes Elementary School Rated A
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

Please click the virtual tour link to virtually walk through the property. Come see the remodeled kitchen with shaker style maple cabinets with soft closing doors and drawers, granite counters, sleek, tumbled marble mosaic backsplash and brand new stainless steel appliances. Kitchen has large breakfast bar open to the living/dining area. Unit features oak engineered hardwood flooring throughout. LED recessed lighting throughout with dimmers provide tons of light without the cost. Huge balcony with room for a large grill. Master bedroom is huge with 2 separate closets and attached, private bathroom. Well run building with no special assessments in place. Move in ready, can close quickly. Parking Spot 242 indoor and 121 Outdoor.

Last Agent to Sell the Property

Joe Silverberg

Organic Realty License #475152783 Listed on: 11/04/2015

Last Buyer's Agent

Fraz Haque

Property Economics, Inc. License #475155129

Property Details

Home Type

  • Condominium

Lot Details

  • 0.36

HOA Fees

  • $328 per month

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Visitor Parking
  • Parking Included in Price
  • Garage Is Owned
  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage
  • Wood Flooring

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Balcony
  • East or West Exposure

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $600 Seller Concession

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$328 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 5
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Equipment: Intercom
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 15X09, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1250

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Parking Details: Assigned Spaces, Visitor Parking
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets
  • Common Area Amenities: Coin Laundry, Elevator, Storage
  • Assessment Includes: Water, Parking, Common Insurance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 328
  • Management Contact Name: Scott Schimmel
  • Management Phone: 847-498-6033

Fee Information

  • Management Company: Hillcrest Property Management

Schools

  • Junior High Dist: 67

Lot Info

  • Parcel Identification Number: 10191090441057

Multi Family

  • Total Number Unitsin Building: 60
  • Number Stories: 5

Tax Info

  • Taxes: 1451.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Aug 4, 2016
Sold by
Tz8620 Llc
Bought by
Darakshan Arther Farhan and Darakshan Anwer
Seller's Agent
Joe Silverberg
Organic Realty
Buyer's Agent
Fraz Haque
Property Economics, Inc.
List Price
$199,900
Sold Price
$177,000
Premium/Discount to List
-$22,900
-11.46%
Current Estimated Value
$285,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,327
Avg. Annual Appreciation
5.22%
Original Mortgage
$159,300
Outstanding Balance
$128,199
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$157,128

Purchase Details

Closed on
Mar 26, 2015
Sold by
Brown Gustave
Bought by
Tz8620 Llc

Purchase Details

Closed on
Nov 21, 2005
Sold by
Brown Gustave
Bought by
The Gustave Brown Declaration Of Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Darakshan Arther Farhan $177,000 Chicago Title Insurance Comp
Tz8620 Llc $111,000 Ct
The Gustave Brown Declaration Of Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darakshan Arther Farhan $159,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2016 08/04/16 Sold $177,000 0.0% $142 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
06/09/2016 06/09/16 Off Market $177,000 -- --
04/26/2016 04/26/16 Price Changed $189,000 -3.0% $151 / Sq Ft
03/13/2016 03/13/16 Price Changed $194,900 -2.5% $156 / Sq Ft
11/04/2015 11/04/15 For Sale $199,900 -- $160 / 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 $3,792 $17,258 $363 $16,895
2023 $3,596 $17,258 $363 $16,895
2022 $3,596 $17,258 $363 $16,895
2021 $3,345 $14,625 $255 $14,370
2020 $4,253 $14,625 $255 $14,370
2019 $4,265 $16,325 $255 $16,070
2018 $3,381 $11,624 $221 $11,403
2017 $3,394 $11,624 $221 $11,403
2016 $3,210 $11,624 $221 $11,403
2015 $3,262 $10,775 $188 $10,587
2014 $1,451 $10,775 $188 $10,587
2013 -- $10,775 $188 $10,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09079462

Midwest Real Estate Data (MRED)

APN: 10-19-109-044-1057