NOT LISTED FOR SALE

1241 W Ardmore Ave Unit 3 Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $208,000 - $297,000

2 Beds
1 Bath
-- Sq Ft
$288/mo HOA Fee

Last Sold December 07, 2018

Last sale price $175,000

Est. 48% increase in value since last sale

Current estimated payment $1,899/month

53 Days on Market

Highlights

  • Hot Water Heating System
  • 5-minute walk to Thorndale Station
  • 3-minute walk to Broadway Armory Park

About This Home

As of December 2018

Beautifully updated and well maintained top floor vintage two bed/one bath condo in fantastic Edgewater location. Updated kitchen features 42" maple cabinets, granite counter tops and stainless steel fridge, oven and microwave. Beautiful hardwood floors. In unit W/D, custom closets in bedrooms, large walk in hall closet. Additional storage locker in basement. Common area patio. Low assessments include heat. All windows replaced in 2017. Well managed and financially sound HOA. Pet Friendly. Quiet street with easy street parking. Quick walk to Red Line, lakefront parks and trails, Whole Foods and Andersonville dining and shopping!

Last Agent to Sell the Property

Eric Cochrane

Coldwell Banker Residential Listed on: 09/13/2018

Coldwell Banker Residential

Last Buyer's Agent

Michael Laman

Berkshire Hathaway HomeServices Chicago License #475132784

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,887

Lot Details

  • 4,704

HOA Fees

  • $288 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • $5,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,887

Lot Details

0

HOA Fees

$288 per month

Listing Details

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

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 12X7, On Level: Main Level, Flooring: Other
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 288
  • Management Contact Name: Christine Wilson
  • Management Phone: 773-255-6400

Fee Information

  • Management Company: Self-Managed

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 14053140221010

Multi Family

  • Total Number Unitsin Building: 13
  • Number Stories: 3

Tax Info

  • Taxes: 3272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Dec 3, 2018
Sold by
Bayers Anna P and Bayers Jonathan M
Bought by
Smith Denver
Seller's Agent
Eric Cochrane
Coldwell Banker Residential
Buyer's Agent
Michael Laman
Berkshire Hathaway HomeServices Chicago
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$258,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,526
Avg. Annual Appreciation
5.88%
Original Mortgage
$166,250
Outstanding Balance
$104,284
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$154,242

Purchase Details

Closed on
Dec 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Ruszaj Anna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2004
Sold by
Richards Lisa
Bought by
Kirsch Lance and Seckman Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 10, 1998
Sold by
Ardmore Square Ltd
Bought by
Richards Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.27%
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
Smith Denver $175,000 Chicago Title Company
Ruszaj Anna E $107,500 Attorneys Title Guaranty Fun
Kirsch Lance $196,000 Chicago Title Insurance Comp
Richards Lisa $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Denver $166,250
Previous Owner Ruszaj Anna E $86,000
Previous Owner Kirsch Lance $156,800
Previous Owner Richards Lisa $73,500
Closed Kirsch Lance $39,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2018 12/07/18 Sold $175,000 0.0% --
11/05/2018 11/05/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $175,000 +62.8% --
02/28/2013 02/28/13 Sold $107,500 -1.4% -- View Prior Sale
12/21/2012 12/21/12 Pending -- -- --
12/07/2012 12/07/12 For Sale $109,000 -- --
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 $2,887 $21,141 $3,712 $17,429
2023 $2,793 $17,000 $2,984 $14,016
2022 $2,793 $17,000 $2,984 $14,016
2021 $2,749 $16,999 $2,984 $14,015
2020 $2,770 $15,535 $1,715 $13,820
2019 $3,453 $17,189 $1,715 $15,474
2018 $2,717 $17,189 $1,715 $15,474
2017 $3,271 $15,196 $1,492 $13,704
2016 $3,044 $15,196 $1,492 $13,704
2015 $2,785 $15,196 $1,492 $13,704
2014 $2,370 $12,776 $1,137 $11,639
2013 $2,324 $12,776 $1,137 $11,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10081509

Midwest Real Estate Data (MRED)

APN: 14-05-314-022-1010