$178,500
SOLD MAY 16, 2022

9118 W Elmwood Dr Unit 5F Niles, IL 60714

2 Beds
2 Baths
1,200 Sq Ft
$447/mo HOA Fee

Recently Sold

$149 Per Sq Ft

2% Above List Price

62 Days on Market

Highlights

  • Community Pool
  • Living Room
  • Storage
  • Maine East High School Rated A
  • Resident Manager or Management On Site
  • Accessibility Features

About This Home

As of May 2022

BRIGHT AND SPACIOUS BEAUTIFUL , WELL MAINTAINED 2 BEDROOM, 2 BATH CONDO. WOOD LAMINATE FLOOR. 2 BALCONIES ELEVATOR BUILDING. LAUNDRY AND EXTRA STORAGE ON EACH FLOOR. ENJOY THE BEAUTIFUL POOL AND THE REMODELED CLUBHOUSE. TERRACE SQUARE IS CLOSE TO PUBLIC TRANSPORTATION, SCHOOLS, SHOPPING. A FREE BUS THAT COMES TO THE COMPLEX FOR LOCAL SHOPPING. UNIT CAN BE RENTED AFTER 2 YEARS OF OWNER OCCUPANCY.

Last Agent to Sell the Property

Gregory Berdyshev

IPrice Realty, LLC License #471002645 Listed on: 02/22/2022

Last Buyer's Agent

Honi Khiziran

MK Global Realty Co License #471005195

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 1980

HOA Fees

  • $447 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Accessible Home Design

  • Accessibility Features

Schools

  • Apollo Elementary School
  • Gemini Junior High School
  • Maine East High School

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 78 Units
  • Marcel Association, Phone Number (847) 699-1324
  • Terrace Square Subdivision
  • Property managed by TERRACE SQUARE CONDO ASSOCIATES
  • 5-Story Property

Amenities

  • Coin Laundry
  • Community Storage Space
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,962

Year Built

Built in 1980

Lot Details

0

HOA Fees

$447 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Terrace Square
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • 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: 5

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Accessibility Features: Other
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 174900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Electric, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 447
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday,Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: TERRACE SQUARE CONDO ASSOCIATES
  • Management Contact Name: Marcel
  • Management Phone: 847-699-1324
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Apollo Elementary School
  • High School: Maine East High School
  • Middle/Junior School: Gemini Junior High School
  • Middle/Junior School District: 63

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 2961.73
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
May 13, 2022
Sold by
Blank Marina
Bought by
Eshaya Khoshaba and Talia Helen
Seller's Agent
Gregory Berdyshev
IPrice Realty, LLC
Buyer's Agent
Honi Khiziran
MK Global Realty Co
List Price
$174,900
Sold Price
$178,500
Premium/Discount to List
$3,600
2.06%
Current Estimated Value
$240,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,647
Avg. Annual Appreciation
9.63%
Original Mortgage
$142,800
Outstanding Balance
$137,377
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$102,375

Purchase Details

Listed on
Oct 2, 2013
Closed on
Mar 25, 2015
Sold by
Okonski Kazimierz and Okonska Danuta
Bought by
Blanc Marina
Seller's Agent
Jolanta Strzelecki
arhome realty
Buyer's Agent
Gregory Berdyshev
IPrice Realty, LLC
List Price
$224,900
Sold Price
$112,000
Premium/Discount to List
-$112,900
-50.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Oct 20, 2004
Sold by
Young Lee Sung Ik and Young Lee Sun
Bought by
Okonski Kazimierz and Okonski Danuta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2000
Sold by
Min Kyung Oh and Min Sa Han
Bought by
Young Lee Sung Ik and Young Lee Sun

Purchase Details

Closed on
May 31, 1995
Sold by
Wojdyla Anthony R and Wojdyla Connie
Bought by
Kim Young Sook and Min Sa Han

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
8.26%

Purchase Details

Closed on
Aug 8, 1993
Sold by
Wojdyla Anthony R and Wojdyla Connie
Bought by
Wojdyla Anthony R and Wojdyla Connie
Source: Public Records

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Range of Values:

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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
Warranty Deed $178,500 None Listed On Document
Warranty Deed $112,000 None Available
Warranty Deed $185,000 Multiple
Warranty Deed $129,000 --
Warranty Deed $104,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,800 New Conventional
Previous Owner $192,000 Unknown
Previous Owner $185,000 Purchase Money Mortgage
Previous Owner $83,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $178,500 +2.1% $149 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $174,900 -2.0% $146 / Sq Ft
03/31/2022 03/31/22 Off Market $178,500 -- --
03/23/2022 03/23/22 Price Changed $174,900 0.0% $146 / Sq Ft
03/23/2022 03/23/22 For Sale $174,900 0.0% $146 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $174,900 +56.2% $146 / Sq Ft
03/25/2015 03/25/15 Sold $112,000 0.0% $93 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
01/14/2015 01/14/15 Off Market $112,000 -- --
01/07/2015 01/07/15 Price Changed $100,000 -9.1% $83 / Sq Ft
12/17/2014 12/17/14 Price Changed $110,000 -4.3% $92 / Sq Ft
12/10/2014 12/10/14 Price Changed $115,000 -8.0% $96 / Sq Ft
12/01/2014 12/01/14 Price Changed $125,000 -7.4% $104 / Sq Ft
10/15/2014 10/15/14 Price Changed $135,000 -12.9% $113 / Sq Ft
09/18/2014 09/18/14 Price Changed $155,000 -31.1% $129 / Sq Ft
08/18/2014 08/18/14 For Sale $224,900 +100.8% $187 / Sq Ft
08/01/2014 08/01/14 Off Market $112,000 -- --
10/02/2013 10/02/13 For Sale $224,900 -- $187 / 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 $4,201 $16,245 $1,066 $15,179
2023 $3,117 $16,245 $1,066 $15,179
2022 $3,117 $16,245 $1,066 $15,179
2021 $3,067 $13,810 $1,640 $12,170
2020 $2,962 $13,810 $1,640 $12,170
2019 $2,859 $15,204 $1,640 $13,564
2018 $1,822 $10,162 $1,435 $8,727
2017 $1,826 $10,162 $1,435 $8,727
2016 $1,921 $10,162 $1,435 $8,727
2015 $1,198 $7,004 $1,230 $5,774
2014 $1,168 $7,004 $1,230 $5,774
2013 $1,133 $7,004 $1,230 $5,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11329768

Midwest Real Estate Data (MRED)

APN: 09-10-401-100-1373