Seller's Agent in 2023
Sybil Martin
Coldwell Banker Realty
(773) 491-7217
17 in this area
187 Total Sales
1226 E Madison Park Unit C Chicago, IL 60615
Kenwood NeighborhoodEstimated Value: $437,000 - $572,000
3
Beds
3
Baths
2,400
Sq Ft
$500/mo
HOA Fee
Highlights
- Deck
- Wood Flooring
- Granite Countertops
- Kenwood Academy High School Rated A-
- Heated Sun or Florida Room
- 5-minute walk to Elm Park
About This Home
As of October 2023Nestled within the prestigious Madison Park Condominiums, this luxurious 3-bedroom, 3-bath residence seamlessly blends timeless elegance with modern comfort. Spanning 2,400 square feet, the meticulous remodel features hardwood floors, updated kitchens and baths, and enticing features that define upscale living. The prime location in Historic Hyde Park offers both charm and convenience. A private garage and outdoor parking space provide security and flexibility. Inside, hardwood floors exude warmth, complementing the modernized kitchen and tastefully remodeled bathrooms. A phenomenal butler's pantry enhances entertaining, while a wood-burning fireplace adds cozy ambiance. Enjoy the sunroom's natural light or retreat to the private balcony. Madison Park Condominiums' semi-gated status ensures security and community. Experience historic charm with contemporary luxury. Unveil the blend of old-world allure and modern sophistication. Arrange your private tour today and step into a world of elegance.
Last Agent to Sell the Property
Coldwell Banker Realty License #471008659 Listed on: 08/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,559
Year Built
- Built in 1918
Lot Details
- Fenced Yard
HOA Fees
- $500 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Off-Street Parking
- Parking Included in Price
- Zoned Parking Permit
- Assigned Parking
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,400 Sq Ft Home
- 3-Story Property
- Built-In Features
- Historic or Period Millwork
- Ceiling height of 9 feet or more
- Wood Burning Fireplace
- Double Pane Windows
- Insulated Windows
- Blinds
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Heated Sun or Florida Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Home Security
Outdoor Features
- Deck
- Patio
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Radiator
- Heating System Uses Steam
- 100 Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
- 3 Units
- Self Managed Association
- Property managed by Self-managed
Amenities
- Common Area
- Community Storage Space
Pet Policy
- Pets up to 100 lbs
- Dogs and Cats Allowed
Security
- Storm Screens
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2023
Closed on
Oct 11, 2023
Sold by
Murphy Timothy and Murphy Amanda
Bought by
Stern Matthew and Stern Rebecca
Seller's Agent
Sybil Martin
Coldwell Banker Realty
Buyer's Agent
Damian Albert
Albert Realty Advisors, LLC
List Price
$445,000
Sold Price
$451,000
Premium/Discount to List
$6,000
1.35%
Views
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,737
Avg. Annual Appreciation
2.51%
Original Mortgage
$338,250
Outstanding Balance
$332,883
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$138,917
Purchase Details
Closed on
Jan 17, 2017
Sold by
Erikson Ted
Bought by
Murphy Timothy and Murphy Amanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
4.37%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stern Matthew | $451,000 | Chicago Title Company | |
| Murphy Timothy | $250,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stern Matthew | $338,250 | |
| Previous Owner | Murphy Timothy | $265,000 | |
| Previous Owner | Murphy Timothy | $237,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $451,000 | +1.3% | $188 / Sq Ft |
| 09/06/2023 09/06/23 | Pending | -- | -- | -- |
| 08/29/2023 08/29/23 | For Sale | $445,000 | 0.0% | $185 / Sq Ft |
| 08/17/2023 08/17/23 | Pending | -- | -- | -- |
| 08/11/2023 08/11/23 | For Sale | $445,000 | -- | $185 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,803 | $45,100 | $17,327 | $27,773 |
| 2023 | $4,644 | $26,000 | $13,000 | $13,000 |
| 2022 | $4,644 | $26,000 | $13,000 | $13,000 |
| 2021 | $4,559 | $26,000 | $13,001 | $12,999 |
| 2020 | $4,423 | $22,956 | $11,178 | $11,778 |
| 2019 | $4,334 | $25,000 | $11,178 | $13,822 |
| 2018 | $4,938 | $25,000 | $11,178 | $13,822 |
| 2017 | $1,545 | $34,494 | $9,222 | $25,272 |
| 2016 | $8,911 | $48,770 | $9,222 | $39,548 |
| 2015 | $1,873 | $48,770 | $9,222 | $39,548 |
| 2014 | $7,088 | $42,605 | $7,545 | $35,060 |
| 2013 | $6,929 | $42,605 | $7,545 | $35,060 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Paulette Edwards
Coldwell Banker Realty
(773) 837-0383
13 in this area
159 Total Sales
-
Buyer's Agent in 2023
Damian Albert
Albert Realty Advisors, LLC
(312) 342-8422
2 in this area
32 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11856708
APN: 20-11-212-116-1003
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