NOT LISTED FOR SALE

1342 E Madison Park Chicago, IL 60615

Kenwood Neighborhood

Estimated Value: $1,507,000 - $1,752,000

5 Beds
5 Baths
4,500 Sq Ft
$356/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $1,410,000 $313 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,022/month

86 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Terrace
  • Kenwood Academy High School Rated A-
  • Great Room
  • Home Office

About This Home

As of June 2014

Stunning contemporary SFH with vintage flair in unique private Madison Park.Light filled 5 bdrm and 4.1 baths home features exquisite finishes throughout and elegant layout.Gourmet kitchen with walk-in food pantry opens to the great room and deck.Large master suite with a balcony, walk-in closet.Library and huge deck on the 3rd floor. Surround sound. Great LL rec/play room and guest suite. 2 car-gar 2 fireplaces.

Last Agent to Sell the Property

Lilianna Sekula-Lark

Compass License #475143862 Listed on: 02/05/2014

Compass

Last Buyer's Agent

Sherri Hoke

Jameson Sotheby's Intl Realty License #475144400

Jameson Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,196

Year Built

  • 2006

Lot Details

  • Southern Exposure
  • East or West Exposure

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • Gas Log Fireplace
  • Great Room
  • Home Office
  • Library
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Terrace
  • Outdoor Grill

Utilities

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

Additional Features

  • North or South Exposure
  • Property is near a bus stop

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,196

Year Built

2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 6-10 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Type Detached: 3 Stories
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 12
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room, Living Room
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, Great Room, Library, Office, Terrace
  • Master Bedroom: Dimensions: 18X15, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X12, On Level: Lower, Flooring: Carpet
  • Additional Room 2 Name: Office, Dimensions: 18X13, On Level: Lower
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 3 Name: Library, Dimensions: 25X18, On Level: 3rd Level
  • Bedroom 3: Dimensions: 11X9, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Great Rm, Dimensions: 18X20, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X9, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 6 Name: Terrace, Dimensions: 27X18, On Level: 3rd Level
  • Estimated Sq Ft: 4500
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X18, On Level: Lower, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Rubber, Slate
  • Exterior Property Features: Balcony, Deck, Roof Deck, Outdoor Grill
  • Exposure: N (North), S (South), E (East), W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 5375
  • Parcel Identification Number: 20112120640000

Tax Info

  • Taxes: 11,763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2014
Closed on
Jun 21, 2014
Sold by
Mullangi Sundeep and Babrowski Trissa
Bought by
Austen Benjamin and Austen Danielle
Seller's Agent
Lilianna Sekula-Lark
Compass
Buyer's Agent
Sherri Hoke
Jameson Sotheby's Intl Realty
List Price
$1,575,000
Sold Price
$1,410,000
Premium/Discount to List
-$165,000
-10.48%
Current Estimated Value
$1,604,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,048
Avg. Annual Appreciation
-0.10%
Original Mortgage
$846,000
Outstanding Balance
$643,940
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$751,114

Purchase Details

Closed on
Sep 8, 2006
Sold by
Mullangi Sundeep and Babrowski Trissa
Bought by
Mullangi Sundeep and Babrowski Trissa

Purchase Details

Closed on
Feb 6, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Mullangi Sundeep and Babrowski Trissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2004
Sold by
Scherer Norbert F and Choi Seung E
Bought by
Cole Taylor Bank and Trust #01-041083
Source: Public Records

Range of Values:

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Average Value
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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
Austen Benjamin $1,410,000 First American Title Ins Co
Mullangi Sundeep -- First American Title Ins Co
Mullangi Sundeep -- None Available
Mullangi Sundeep $1,400,000 1St American Title
Cole Taylor Bank $639,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austen Benjamin $846,000
Previous Owner Mullangi Sundeep $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $1,410,000 -10.5% $313 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $1,575,000 -- $350 / 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 $16,196 $118,390 $33,325 $85,065
2023 $15,711 $79,805 $26,875 $52,930
2022 $15,711 $79,805 $26,875 $52,930
2021 $15,378 $79,805 $26,875 $52,930
2020 $17,362 $81,041 $21,500 $59,541
2019 $17,009 $88,089 $21,500 $66,589
2018 $16,722 $88,089 $21,500 $66,589
2017 $19,019 $91,724 $17,737 $73,987
2016 $17,871 $91,724 $17,737 $73,987
2015 $16,808 $91,724 $17,737 $73,987
2014 $12,148 $68,044 $14,512 $53,532
2013 $11,897 $68,044 $14,512 $53,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08531078

Midwest Real Estate Data (MRED)

APN: 20-11-212-064-0000