NOT LISTED FOR SALE

1348 E 48th St Unit 3D Chicago, IL 60615

Kenwood Neighborhood

Estimated Value: $395,000 - $495,000

4 Beds
2.5 Baths
2,000 Sq Ft
$650/mo HOA Fee

Last Sold June 03, 2022

Last sale price $410,000 $205 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,300/month

62 Days on Market

Highlights

  • Deck
  • 5-minute walk to 47Th Street Station
  • End Unit
  • Kenwood Academy High School Rated A-
  • Wood Flooring
  • 4-minute walk to Kenwood Community Park

About This Home

As of June 2022

This spacious four bedroom - two and a half bath condominium, located on a leafy tree lined street, sits proudly among the stately homes of Hyde Park/Kenwood. Upon entering the home there is a sense of serenity and graciousness. The oversized living room overlooks the treetops and is enhanced by French doors opening onto a private balcony. A large entry foyer leads to an amazing hallway with closet, a bookcase and abundant wall space where one can create a wonderful gallery - perfect for displaying your photographs and artwork. All of the bedrooms are large, the primary with an en-suite bath with jetted tub. The spacious separate formal dining room can host the largest of dinner parties. The just updated kitchen has original maple floors, new cabinetry, quartz countertops, and new LG stainless steel appliances. Two of the baths have just been updated. The home has original hardwood floors throughout, lovely crown molding, a cedar closet along with copious closet space, the all-important in-unit laundry, built in storage in the butler's pantry area and ceiling fans throughout. Additional outdoor space is just outside the kitchen with a nice private back deck. The association backyard has a koi pond as well as an outdoor kitchen with pizza oven and grills, all for the enjoyment of the residents. The location is steps to schools, parks, Lake Michigan, multiple Metra and CTA routes and Lake Shore Drive. Only minutes to the University of Chicago campus and shopping and dining at the neighborhood's central business area, this home offers everything. Street parking is easy.

Last Agent to Sell the Property

Deborah Lewis

Berkshire Hathaway HomeServices Chicago License #475135973 Listed on: 02/20/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Melinda Jordan

Jameson Sotheby's Intl Realty License #475153530

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,639

Year Built

  • Built in 1914

Lot Details

  • End Unit
  • Fenced Yard

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, scavenger
  • 12 Units
  • Liz Lazdins Association, Phone Number (773) 484-3994
  • Property managed by Ultimate

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,639

Year Built

Built in 1914

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Separate Dining Room
  • LivingArea: 2000
  • Room Type: Foyer, Balcony/Porch/Lanai, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Porch, End Unit
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 650
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Ultimate
  • Management Contact Name: Liz Lazdins
  • Management Phone: 773-484-3994
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Scavenger

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 5639.17
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
May 26, 2022
Sold by
Vincennes Consortium Llc
Bought by
Lilly Lynette M
Seller's Agent
Deborah Lewis
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Melinda Jordan
Jameson Sotheby's Intl Realty
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%
Current Estimated Value
$446,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,458
Avg. Annual Appreciation
1.75%
Original Mortgage
$369,000
Outstanding Balance
$348,513
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$87,695

Purchase Details

Closed on
May 1, 2019
Sold by
Turner Kimberly
Bought by
Vincennes Consortium Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,775
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2018
Sold by
Voss Lonnie
Bought by
Turner Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2017
Sold by
Parrott Wade J
Bought by
Turner Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2014
Sold by
Hales Mable
Bought by
Turner Kimberly and Parrott Wade J

Purchase Details

Closed on
Dec 29, 2008
Sold by
Voss Lonnie
Bought by
Hales Mable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lilly Lynette M $410,000 Chicago Title
Vincennes Consortium Llc -- Liberty Title & Escrow Co
Turner Kimberly -- Fidelity National Title
Turner Kimberly -- Fidelity National Title
Turner Kimberly -- None Available
Hales Mable -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lilly Lynette M $369,000
Previous Owner Vincennes Consortium Llc $257,775
Previous Owner Turner Kimberly $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $410,000 -4.4% $205 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
02/20/2022 02/20/22 For Sale $429,000 -- $215 / 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
2025 $3,811 $40,203 $7,984 $32,219
2024 $3,811 $40,203 $7,984 $32,219
2023 $3,702 $18,000 $6,439 $11,561
2022 $3,702 $18,000 $6,439 $11,561
2021 $3,619 $17,999 $6,439 $11,560
2020 $5,639 $25,314 $5,151 $20,163
2019 $5,539 $27,567 $5,151 $22,416
2018 $5,445 $27,567 $5,151 $22,416
2017 $5,755 $26,732 $4,249 $22,483
2016 $5,949 $29,700 $4,249 $25,451
2015 $5,442 $29,700 $4,249 $25,451
2014 $4,012 $21,622 $3,477 $18,145
2013 $3,933 $21,622 $3,477 $18,145
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11328837

Midwest Real Estate Data (MRED)

APN: 20-11-202-032-1012