NOT LISTED FOR SALE

1221 W Rosemont Ave Unit 1 Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $242,854 - $343,000

2 Beds
1 Bath
838 Sq Ft
$166/mo HOA Fee

Last Sold February 27, 2014

Last sale price $180,000 $215 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,035/month

11 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Storage
  • Southern Exposure

About This Home

As of February 2014

BEAUTIFULLY RENOVATED 2BED/1BATH CONDO IN EDGEWATER. NEWLY REF HDWD FLRS W/DRK WALNUT STAIN. KITCH W/42" FLAT PANEL DRK CABS, SS APPLS, ASPEN SNOW QUARTZ CNTRS, & STONE/MARBLE TILE BACKSPLSH. BTHRM W/ITALIAN PORCELAIN TILE FLRING & QUARTZ TOP. LARGE LIVING/DINING W/TONS OF WINDOWS. SM DECK OUT BACK. IN UNIT W/D. CENTRAL AIR. EZ STREET PERMIT PRKG. GRT LOCATN WALKING DIST TO LAKE, RED LINE, RESTAURANTS & SHOPS.

Last Agent to Sell the Property

Elizabeth Lothamer

Compass License #475130853 Listed on: 01/06/2014

Compass

Co-Listed By

Marjorie Morgenstern

@properties Christie's International Real Estate License #475159232

Last Buyer's Agent

Ryan Gossett

Compass License #475146874

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,363

Year Built

  • 1926

Lot Details

  • 0.28

HOA Fees

  • $166 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Deck
  • Southern Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,363

Year Built

1926

Lot Details

0

HOA Fees

$166 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1926
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1926

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 3X8, On Level: Main Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 17X9, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Rooms: Deck
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Deck, Dimensions: 8X8, On Level: Main Level
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck
  • Exposure: N (North), S (South)

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 166
  • Management Contact Name: Steve
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self-Managed

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14051150301019

Multi Family

  • Total Number Unitsin Building: 26
  • Number Stories: 3

Tax Info

  • Taxes: 2,755.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Feb 27, 2014
Sold by
Lothamer Development Company Llc
Bought by
Miller Michael
Seller's Agent
Elizabeth Lothamer
Compass
Buyer's Agent
Ryan Gossett
Compass
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$286,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,964
Avg. Annual Appreciation
4.08%
Original Mortgage
$162,000
Outstanding Balance
$124,083
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$162,881

Purchase Details

Listed on
Oct 4, 2013
Closed on
Oct 29, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Lothamer Development Company Llc
Seller's Agent
Jason Shapiro
RISING REALTY LLC
Buyer's Agent
Elizabeth Lothamer
Compass
List Price
$124,900
Sold Price
$114,000
Premium/Discount to List
-$10,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
383.09%

Purchase Details

Closed on
Nov 19, 2012
Sold by
Samani Farida
Bought by
Deutsche Bank National Trust Co and Mortgageit Trust 2005-5

Purchase Details

Closed on
Feb 18, 2005
Sold by
Samani Sulaiman and Dyara Samira F
Bought by
Samani Shabuddin N

Purchase Details

Closed on
Jul 8, 2002
Sold by
Albany Bank & Trust Company Na
Bought by
Samani Sulaiman and Dyara Samira F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,100
Interest Rate
5%
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
Miller Michael $180,000 Fidelity National Title
Lothamer Development Company Llc $114,000 Cti
Deutsche Bank National Trust Co -- None Available
Samani Shabuddin N -- --
Samani Sulaiman $155,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Michael $162,000
Previous Owner Samani Sulaiman $149,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2014 02/27/14 Sold $180,000 -5.2% $215 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $189,900 +66.6% $227 / Sq Ft
11/13/2013 11/13/13 Sold $114,000 -8.7% $143 / Sq Ft View Prior Sale
10/15/2013 10/15/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $124,900 -- $156 / 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 $4,363 $21,717 $3,949 $17,768
2023 $4,253 $20,680 $3,175 $17,505
2022 $4,253 $20,680 $3,175 $17,505
2021 $4,158 $20,678 $3,174 $17,504
2020 $3,307 $14,846 $1,825 $13,021
2019 $3,300 $16,426 $1,825 $14,601
2018 $3,245 $16,426 $1,825 $14,601
2017 $3,116 $14,473 $1,587 $12,886
2016 $2,899 $14,473 $1,587 $12,886
2015 $2,652 $14,473 $1,587 $12,886
2014 $2,849 $15,354 $1,210 $14,144
2013 $2,793 $15,354 $1,210 $14,144
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Lothamer

    Seller's Agent in 2014

    Elizabeth Lothamer

    Compass

    (773) 655-5344

    6 in this area

    291 Total Sales

    Elizabeth Lothamer
    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Marjorie Morgenstern

    @ Properties

  • Ryan Gossett

    Buyer's Agent in 2014

    Ryan Gossett

    Compass

    (312) 724-8670

    6 in this area

    196 Total Sales

    Ryan Gossett
    Section Image

  • J

    Seller's Agent in 2013

    Jason Shapiro

    RISING REALTY LLC

    34 Total Sales

    Jason Shapiro
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08511956

Midwest Real Estate Data (MRED)

APN: 14-05-115-030-1019

Illinois Cook County Chicago 60660 Edgewater

1221 W Rosemont Ave Unit 1, Chicago, IL

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