NOT LISTED FOR SALE

8854 N Grace Ave Unit 3NW Niles, IL 60714

Ballard Terrace Neighborhood

Estimated Value: $210,935 - $377,000

2 Beds
1 Bath
-- Sq Ft
$209/mo HOA Fee

Last Sold August 12, 2019

Last sale price $145,000

Est. 73% increase in value since last sale

Current estimated payment $1,801/month

6 Days on Market

Highlights

  • Walk-In Closet
  • Baseboard Heating
  • 4-minute walk to Ballard Park
  • Maine East High School Rated A

About This Home

As of August 2019

GREATE LOCATION, GOOD SIZE CONDO! NATURAL LIGHT ALL AROUND, TWO GOOD SIZE BEDROOMS, HARDWOOD FLOOR, TWO DESIGNATED PARKING SPACES, AND STORAGE...SO FAR THE ONLY CONDO AVAILABLE IN THE BUILDING.

Last Agent to Sell the Property

Elena Iniguez

HomeSmart Connect LLC Listed on: 07/02/2019

HomeSmart Connect LLC

Last Buyer's Agent

Edmon Antar

American International Realty

American International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,141

Year Built

  • 1975

Lot Details

  • 0.61

HOA Fees

  • $209 per month

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Walk-In Closet

Parking

  • Parking Available
  • Parking Included in Price

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,141

Year Built

1975

Lot Details

0

HOA Fees

$209 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1975
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1975

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Walk In Closet
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Walk in Closet, Dimensions: 6X4, On Level: Main Level
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 209
  • Management Contact Name: Richard Ratay BS
  • Management Phone: 773-282-8100

Fee Information

  • Management Company: Rich Enterprises, Inc.

Schools

  • School District: 207
  • Junior High Dist: 63

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 09143100101015

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 3

Tax Info

  • Taxes: 3056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Aug 9, 2019
Sold by
Muro Sergio and Muro Maria
Bought by
Namroud Rakhi
Seller's Agent
Elena Iniguez
HomeSmart Connect LLC
Buyer's Agent
Edmon Antar
American International Realty
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Current Estimated Value
$250,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,635
Avg. Annual Appreciation
9.63%
Original Mortgage
$137,750
Outstanding Balance
$122,630
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$129,635

Purchase Details

Closed on
Dec 12, 2011
Sold by
Chicago Title Land Trust Company
Bought by
Muro Sergio and Muro Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Dimenna Carmela
Bought by
Chicago Title Land Trust Co and Trust #1114247
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
Namroud Rakhi $145,000 Saturn Title Llc
Muro Sergio $80,000 Chicago Title Land Trust Co
Chicago Title Land Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Namroud Rakhi $137,750
Previous Owner Muro Sergio $64,000
Previous Owner Henson Laurel $141,600
Previous Owner Henson Laurel $26,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $145,000 -9.3% --
07/08/2019 07/08/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $159,900 +10.3% --
07/02/2019 07/02/19 Off Market $145,000 -- --
07/02/2019 07/02/19 For Sale $159,900 -- --
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 $3,141 $15,509 $1,699 $13,810
2023 $2,925 $15,509 $1,699 $13,810
2022 $2,925 $15,509 $1,699 $13,810
2021 $2,205 $10,929 $1,456 $9,473
2020 $2,148 $10,929 $1,456 $9,473
2019 $2,947 $12,230 $1,456 $10,774
2018 $3,086 $11,573 $1,254 $10,319
2017 $3,056 $11,573 $1,254 $10,319
2016 $2,852 $11,573 $1,254 $10,319
2015 $1,910 $7,101 $1,051 $6,050
2014 $1,843 $7,101 $1,051 $6,050
2013 $1,810 $7,101 $1,051 $6,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10437349

Midwest Real Estate Data (MRED)

APN: 09-14-310-010-1015