NOT LISTED FOR SALE

11050 S Artesian Ave Unit AVE1B Chicago, IL 60655

Morgan Park Neighborhood

Estimated Value: $78,903 - $137,000

-- Bed
1 Bath
500 Sq Ft
0.45 Acres

Last Sold October 26, 2020

Last sale price $63,000 $126 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $633/month

19 Days on Market

About This Home

As of October 2020

Picture perfect 1st floor studio in the heart of one of the best neighborhoods in Chicago. New HVAC, SS appliances, in unit laundry, assigned parking, rentable, low assessment fees. Close to restaurants, shopping, transportation. Why rent when you can own?

Last Agent to Sell the Property

Erin Smith

HomeSmart Realty Group License #475162695 Listed on: 08/01/2020

HomeSmart Realty Group

Last Buyer's Agent

Wanda Marshall

Kale Realty License #475147305

Kale Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $888

Year Built

  • 1960

Lot Details

  • 0.45

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price

Location

  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • $1,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$888

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 1
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1960
  • Type Attached: Condo, Studio
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1960

Interior Features

  • Number Of Rooms: 2
  • Living Room: Dimensions: 14X14, On Level: Main Level
  • Kitchen Type: Dimensions: 9X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Estimated Sq Ft: 500

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Management Contact Name: self
  • Management Phone: 708-267-1524

Fee Information

  • Management Company: Beverly Courtyard Condo Association

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 24134300401010

Multi Family

  • Total Number Unitsin Building: 24
  • Number Stories: 3

Tax Info

  • Taxes: 1347.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2023
Sold by
Stokes Fatima S
Bought by
Chicago Trust Company Na
Current Estimated Value
$106,726

Purchase Details

Listed on
Aug 1, 2020
Closed on
Oct 21, 2020
Sold by
Smith Charles G
Bought by
Stokes Fatima
Seller's Agent
Erin Smith
HomeSmart Realty Group
Buyer's Agent
Wanda Marshall
Kale Realty
List Price
$69,999
Sold Price
$63,000
Premium/Discount to List
-$6,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$59,850
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2019
Sold by
Smith Charles M and Smith Deborah K
Bought by
Smith Charles G

Purchase Details

Closed on
Oct 16, 2006
Sold by
Cooney Gregory D
Bought by
Cook Thomas

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
6.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2005
Sold by
Standard Bank & Trust Co
Bought by
Smith Charles and Smith Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 24, 2005
Sold by
Standard Bank & Trust Co
Bought by
Cooney Gregory D
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 Buyer Sale Price Title Company
Chicago Trust Company Na -- None Listed On Document
Stokes Fatima $63,000 Saturn Title Llc
Smith Charles G -- None Available
Cook Thomas $104,000 Chicago Title Insurance Co
Smith Charles $85,000 Pntn
Cooney Gregory D $53,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stokes Fatima $59,850
Previous Owner Cook Thomas $83,200
Previous Owner Smith Charles $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $63,000 -8.7% $126 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $68,999 -1.4% $138 / Sq Ft
08/01/2020 08/01/20 For Sale $69,999 -- $140 / 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 $888 $4,732 $520 $4,212
2023 $866 $4,200 $416 $3,784
2022 $866 $4,200 $416 $3,784
2021 $847 $4,199 $415 $3,784
2020 $793 $3,549 $395 $3,154
2019 $783 $3,889 $395 $3,494
2018 $1,347 $6,804 $395 $6,409
2017 $1,395 $6,466 $353 $6,113
2016 $1,298 $6,466 $353 $6,113
2015 $1,188 $6,466 $353 $6,113
2014 $1,050 $5,647 $332 $5,315
2013 $1,029 $5,647 $332 $5,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10803200

Midwest Real Estate Data (MRED)

APN: 24-13-430-040-1010