NOT LISTED FOR SALE

Forest Apartments 501 Forest Ave Unit 505 Glen Ellyn, IL 60137

Estimated Value: $509,000 - $570,000

2 Beds
2 Baths
1,723 Sq Ft
$374/mo HOA Fee

Last Sold November 16, 2021

Last sale price $440,000 $255 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,108/month

2 Days on Market

Highlights

  • Formal Dining Room
  • 4-minute walk to Glen Ellyn Station
  • Resident Manager or Management On Site
  • Forest Glen Elementary School Rated A-
  • Attached Garage
  • Accessibility Features

About This Home

As of November 2021

DONE. DONE. DONE. SERIOUSLY, MOVE RIGHT IN! HIGHLY SOUGHT AFTER GLEN ASTOR BUILDING IN THE HEART OF GLEN ELLYN! THIS UNIT HAS BEEN TOTALLY REMODELED (KITCHEN AND BOTH BATHS) WITH QUARTZ COUNTER TOPS, PLANK FLOORS, HIGH END LIGHT FIXTURES, CUSTOM GLASS DOORS IN BATHS, DOUBLE SINKS. WALLS HAVE BEEN OPENED UP FOR A MORE OPEN FLOOR PLAN. 9' CEILINGS, NEWER WOOD LAMINATE FLOORING IN THE ENTIRE UNIT. IN UNIT LAUNDRY ROOM. STORAGE UNIT ON SAME FLOOR. 2 SETS OF DOORS OPEN TO BALCONY WITH TREE TOP VIEWS. HEATED GARAGE (SPACE #18), ELEVATORS & EXERCISE ROOM. NEW A/C IN 2016, NEW ROOF 2018. WALK TO TRAIN (1 BLOCK), SHOPS, & RESTAURANTS! THIS IS A PERFECT UNIT!

Last Listed By

Margaret Giffin

Keller Williams Premiere Properties License #475155714 Listed on: 09/30/2021

Keller Williams Premiere Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,804

Year Built | Renovated

  • 1998 | 2016

Lot Details

  • 0.76

HOA Fees

  • $374 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Dual Sinks
  • Separate Shower

Additional Features

  • Formal Dining Room
  • Accessibility Features

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 39 Units
  • Manager Association, Phone Number (630) 627-3303
  • Mid-Rise Condominium
  • Property managed by HILLCREST MANAGEMENT

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,804

Year Built | Renovated

1998 | 2016

Lot Details

0

HOA Fees

$374 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Property Sub Type: Condo,Mid Rise (4-6 Stories)
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 5
  • Rehab Year: 2016
  • Co List Office Mls Id: MRD22039
  • Co List Office Phone: (630) 545-9860
  • Directions: PARK BLVD TO PENNSYLVANIA (WEST) TO CORNER OF FOREST AND PENNSYLVANIA.
  • Lot Size: COMMON
  • Master Model: ESSEX
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Glen Astor
  • Special Features: None
  • Year Built: 1998
  • Year Renovated: 2016

Interior Features

  • Has Basement: None
  • Fireplace Features: Gas Log, Gas Starter, Decorative
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Other
  • Total Sq Ft: 0
  • Accessibility Features: Hall Width 36 Inches or More, No Interior Steps, Ramp - Main Level
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Elevator, Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Dining Room Type: Office, Foyer
  • Stories: 6

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Balcony, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Corner Lot, Landscaped
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: Gas Dryer Hookup, In Unit
  • 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: HILLCREST MANAGEMENT
  • Management Contact Name: MANAGER
  • Management Phone: 630-627-3303
  • Association Fee: 374
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Number Limit

Fee Information

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

Schools

  • Elementary School: Forest Glen Elementary School
  • High School: Glenbard West High School
  • Junior High Dist: 87
  • Middle Or Junior School: Hadley Junior High School

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: No
  • Additional Parcels: Yes

Rental Info

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

Multi Family

  • Units in Building: 39

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 7974.4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2023
Sold by
Edward T Mcgoey Living Trust and Mary Mcgoey Living Trust
Bought by
Schnell Susanne
Total Days on Market
2
Current Estimated Value
$537,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 10, 2021
Sold by
Novara Leslie A and Novara Pamela M
Bought by
Megoey Edward T and Megoey Mary
Seller's Agent
Margaret Giffin
Keller Williams Premiere Properties
Buyer's Agent
Betsy Stavropoulos
L.W. Reedy Real Estate
List Price
$440,000
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Listed on
May 13, 2019
Closed on
Aug 22, 2019
Sold by
Petersen Robert S and Petersen Arlene L
Bought by
Novara Leslie A and Novara Pamela M
Seller's Agent
Diana Hardek
Keller Williams Premiere Properties
Buyer's Agent
Margaret Hamilton
Keller Williams Premiere Properties
List Price
$424,900
Sold Price
$425,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%

Purchase Details

Listed on
Jun 24, 2015
Closed on
Oct 5, 2015
Sold by
Krzysko Davis Audrey F and Krzysko Frank J
Bought by
Petersen Robert S and Petersen Arlene L
Seller's Agent
Kathy Van Teylingen
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Diana Hardek
Keller Williams Premiere Properties
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$183,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2012
Sold by
Krzysko Frank J and Krzysko Alice M
Bought by
Frank J & Alice M Krzysko Revocable Trus

Purchase Details

Closed on
Sep 6, 2000
Sold by
Tambouratzis Thomas M and Tambouratzis Sophia E
Bought by
Krzysko Frank J and Krzysko Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
7%

Purchase Details

Closed on
Oct 31, 1997
Sold by
The Glen Astor Condominium Investors Lp
Bought by
Tambouratzis Thomas M and Kavoulakis Sophia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,150
Interest Rate
7.42%

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
Schnell Susanne $494,000 First American Title
Megoey Edward T $440,000 Chicago Title
Novara Leslie A $425,000 First American Title
Petersen Robert S $245,000 Ctic
Frank J & Alice M Krzysko Revocable Trus -- None Available
Krzysko Frank J $272,000 --
Tambouratzis Thomas M $247,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schnell Susanne $355,000
Previous Owner Petersen Robert S $183,750
Previous Owner Krzysko Frank J $217,600
Previous Owner Tambouratzis Thomas M $239,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $440,000 0.0% $255 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $440,000 +3.5% $255 / Sq Ft
08/26/2019 08/26/19 Sold $425,000 0.0% $247 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $424,900 +73.4% $247 / Sq Ft
10/05/2015 10/05/15 Sold $245,000 -10.9% $142 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
08/10/2015 08/10/15 Price Changed $275,000 -8.3% $160 / Sq Ft
06/24/2015 06/24/15 For Sale $299,900 -- $174 / 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
2023 $8,804 $134,250 $20,150 $114,100
2022 $8,310 $121,990 $19,050 $102,940
2021 $7,981 $119,100 $18,600 $100,500
2020 $7,818 $117,990 $18,430 $99,560
2019 $7,866 $114,870 $17,940 $96,930
2018 $6,674 $96,130 $15,010 $81,120
2017 $6,153 $87,110 $13,600 $73,510
2016 $6,227 $83,630 $13,060 $70,570
2015 $5,782 $79,780 $12,460 $67,320
2014 $5,782 $77,290 $12,070 $65,220
2013 $5,632 $77,530 $12,110 $65,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11233887

Midwest Real Estate Data (MRED)

APN: 05-11-334-029