NOT LISTED FOR SALE

1340 W Diversey Pkwy Unit 1 Chicago, IL 60614

Lakeview Neighborhood

Estimated Value: $924,000 - $1,034,000

3 Beds
3 Baths
2,000 Sq Ft
$153/mo HOA Fee

Last Sold March 25, 2016

Last sale price $590,000 $295 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,419/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Steam Shower
  • Prescott Elementary School Rated A-
  • Whirlpool Bathtub
  • 3-minute walk to South Lakeview Park

About This Home

As of March 2016

Magnificent large duplex with a lot of light and high end finish.Dark wood floors. Very quiet unit, a big back deck, very quite and green back yard, new Viking stainless steel appliances, master suite with walk in closet, steam shower, ample storage, on Lincoln park/lake view border, close to train, shops, bars.

Last Agent to Sell the Property

Mariola Markellos

Berkshire Hathaway HomeServices KoenigRubloff License #475165032 Listed on: 01/20/2016

Last Buyer's Agent

Matt Ohlsen

Jameson Sotheby's Intl Realty License #475132044

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,492

Year Built

  • 2005

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $153 per month

Parking

  • Detached Garage
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water
  • Mechanical Septic System

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,492

Year Built

2005

Lot Details

0

HOA Fees

$153 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2005
  • Type Attached: Condo-Duplex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry, 1st Floor Full Bath, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X23, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Steam Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 17X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X15, On Level: Main Level
  • Bedroom 2: Dimensions: 13X10, On Level: Lower, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 18X12, On Level: Lower, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 2000
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 13X23, On Level: Lower, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony
  • Exposure: S (South), E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 200
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Security, TV/Cable
  • Assessment Association Fees: 153
  • Management Phone: 000-000-0000

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14291300501001

Multi Family

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

Tax Info

  • Taxes: 7874.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Mar 16, 2016
Sold by
Markellos Michael C and Markellos Mariola
Bought by
Olson Scott and Norris Kathryn
Seller's Agent
Mariola Markellos
Berkshire Hathaway HomeServices KoenigRubloff
Buyer's Agent
Matt Ohlsen
Jameson Sotheby's Intl Realty
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$961,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,546
Avg. Annual Appreciation
5.22%
Original Mortgage
$472,000
Outstanding Balance
$373,586
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$587,960

Purchase Details

Listed on
Feb 12, 2014
Closed on
Jun 19, 2014
Sold by
Cahill Patrick S
Bought by
Markellos Michael C and Markellos Mariola
Seller's Agent
Tim Sheahan
Compass
Buyer's Agent
helene bottos
Coldwell Banker Realty
List Price
$599,900
Sold Price
$590,000
Premium/Discount to List
-$9,900
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$413,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2008
Sold by
Cahill Patrick S
Bought by
Cahill Patrick S and Patrick Cahill Living Trust

Purchase Details

Closed on
May 16, 2006
Sold by
1340 West Diversey Parkway Llc
Bought by
Cahill Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Olson Scott $590,000 Attorney
Markellos Michael C $590,000 None Available
Cahill Patrick S -- None Available
Cahill Patrick S $585,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Scott $472,000
Previous Owner Markellos Michael C $413,000
Previous Owner Cahill Patrick S $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2016 03/25/16 Sold $590,000 -1.5% $295 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $599,000 +1.5% $300 / Sq Ft
06/19/2014 06/19/14 Sold $590,000 +0.2% $227 / Sq Ft View Prior Sale
04/04/2014 04/04/14 Pending -- -- --
03/07/2014 03/07/14 Price Changed $589,000 -1.8% $227 / Sq Ft
02/12/2014 02/12/14 For Sale $599,900 -- $231 / 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 $14,492 $65,783 $24,070 $41,713
2023 $14,809 $72,000 $19,411 $52,589
2022 $14,809 $72,000 $19,411 $52,589
2021 $14,478 $71,999 $19,411 $52,588
2020 $13,643 $61,241 $7,764 $53,477
2019 $13,418 $66,786 $7,764 $59,022
2018 $13,192 $66,786 $7,764 $59,022
2017 $13,042 $60,583 $6,988 $53,595
2016 $12,134 $60,583 $6,988 $53,595
2015 $11,102 $60,583 $6,988 $53,595
2014 $7,875 $45,011 $5,693 $39,318
2013 $7,708 $45,011 $5,693 $39,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09120583

Midwest Real Estate Data (MRED)

APN: 14-29-130-050-1001