Seller's Agent in 2020
Alissa Cardone
@ Properties
1 in this area
1 Total Sale
1461 N Park Ave Chicago, IL 60610
Old Town NeighborhoodEstimated Value: $3,462,000 - $3,899,000
6
Beds
6
Baths
6,000
Sq Ft
$603/Sq Ft
Est. Value
Highlights
- Heated Driveway
- Rooftop Deck
- Recreation Room
- Lincoln Park High School Rated A
- Heated Floors
- Steam Shower
About This Home
As of October 2020Seize the opportunity to customize your dream home in the heart of Old Town! Offered exclusively by premier luxury builder, Urbane Home, character abounds in this striking, solid brick + stone home that captures the perfect balance of sophisticated elegance and modern style. This urban oasis is situated on an exceptional tree-lined street and on a rarely available eastern lot, just steps to locally owned boutiques and restaurants on Wells St, city transportation, parks and the lakefront. Dwell in style amidst the thoughtfully designed 6 bedrooms, 5.1 baths, 4 living areas and multiple outdoor spaces with Chicago's world class skyline as a backdrop. With approx. 6000 square feet of distinctive living, this remarkable property features state-of-the-art finishes, sun-drenched + spacious living spaces perfect for entertaining, hardwood flooring throughout, exquisite millwork, a professional grade kitchen w/ high end appliances + custom cabinetry, spa caliber baths w/ radiant heat, master suite w/ dual vanity, steam shower and generous walk-in closet, and 2 car garage with exterior snow melt. Urbane Home constructs each home with efficiency and meticulous attention to detail at every phase of development to create the ultimate urban oasis, making this property one of Chicago's premiere residences. Late Summer/Early Fall occupancy. *ASK ABOUT OTHER HOMES BY SAME DEVELOPER/BUILDER ** Broker interest.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475177401 Listed on: 02/24/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $61,411
Year Built
- 2020
Lot Details
- Southern Exposure
- East or West Exposure
- Fenced Yard
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Heated Driveway
- Off Alley Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Slate Roof
- Rubber Roof
- Metal Roof
- Stone Siding
Interior Spaces
- Wet Bar
- Gas Log Fireplace
- Mud Room
- Great Room
- Dining Area
- Recreation Room
- Finished Basement
- Finished Basement Bathroom
Kitchen
- Walk-In Pantry
- Double Oven
- Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Soaking Tub
- Steam Shower
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Balcony
- Rooftop Deck
- Terrace
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Radiant Heating System
- Lake Michigan Water
Additional Features
- North or South Exposure
- City Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2020
Closed on
Sep 18, 2020
Sold by
Urbane Home Llc
Bought by
Majerik Michael T and Majerik Denise K
Seller's Agent
Alissa Cardone
@properties Christie's International Real Estate
Buyer's Agent
Bernard Cobb
RE/MAX of Naperville
List Price
$3,250,000
Sold Price
$3,150,000
Premium/Discount to List
-$100,000
-3.08%
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
$467,301
Avg. Annual Appreciation
0.53%
Purchase Details
Closed on
Jun 1, 2018
Sold by
Macdonald Keith and Macdonald Lisa
Bought by
Urbane Home Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,273
Interest Rate
4.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 3, 2004
Sold by
Petrow Gerald S
Bought by
Macdonald Keith and Macdonald Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
1.37%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 15, 2000
Sold by
Woolverton William D and Woolverton Linda M
Bought by
Petrow Gerald S
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 |
|---|---|---|---|
| Majerik Michael T | $3,150,000 | First American Title | |
| Urbane Home Llc | $1,225,500 | Chicago Title Insurance Comp | |
| Macdonald Keith | $599,000 | Atgf Inc | |
| Petrow Gerald S | $490,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Urbane Home Llc 1459 | $2,400,000 | |
| Previous Owner | Urbane Home Llc | $980,273 | |
| Previous Owner | Macdonald Keith | $375,000 | |
| Previous Owner | Macdonald Keith | $300,000 | |
| Previous Owner | Macdonald Keith | $480,000 | |
| Previous Owner | Macdonald Keith | $479,200 | |
| Previous Owner | Woolverton William D | $182,500 | |
| Closed | Macdonald Keith | $59,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2020 10/28/20 | Sold | $3,150,000 | -3.1% | $525 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
| 02/24/2020 02/24/20 | For Sale | $3,250,000 | -- | $542 / 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 | $61,411 | $289,835 | $39,525 | $250,310 |
| 2023 | $59,844 | $294,375 | $31,875 | $262,500 |
| 2022 | $59,844 | $294,375 | $31,875 | $262,500 |
| 2021 | $58,526 | $294,375 | $31,875 | $262,500 |
| 2020 | $5,965 | $26,775 | $26,775 | $0 |
| 2019 | $14,296 | $71,153 | $26,775 | $44,378 |
| 2018 | $14,632 | $77,508 | $26,775 | $50,733 |
| 2017 | $13,287 | $65,098 | $21,675 | $43,423 |
| 2016 | $12,538 | $65,098 | $21,675 | $43,423 |
| 2015 | $11,448 | $65,098 | $21,675 | $43,423 |
| 2014 | $9,190 | $52,099 | $16,575 | $35,524 |
| 2013 | $8,997 | $52,099 | $16,575 | $35,524 |
Source: Public Records
Agents Affiliated with this Home
-
Alissa Cardone
-
Bernard Cobb
Buyer's Agent in 2020
Bernard Cobb
RE/MAX
(630) 841-6676
1 in this area
182 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10646270
APN: 17-04-202-022-0000
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