NOT LISTED FOR SALE

1501 E 65th St Unit 3 Chicago, IL 60637

Woodlawn Neighborhood

Estimated Value: $206,636 - $254,000

3 Beds
1 Bath
1,650 Sq Ft
$218/mo HOA Fee

Last Sold October 07, 2022

Last sale price $185,000 $112 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,586/month

5 Days on Market

Highlights

  • Corner Lot
  • Living Room
  • Dining Room
  • Double Oven
  • Forced Air Heating and Cooling System
  • 5-minute walk to Jackson Park

About This Home

As of October 2022

LOCATION! LOCATION!LOCATION! MINUTES AWAY FROM THE UPCOMING OBAMA LIBRARY!! Take a look at this beautiful TOP Unit! Featuring 3 Bedrooms and a full bath! This condo is charming! Boasting hardwood flooring and ample natural lighting!Including a front balcony to overlook the neighborhood scenery. Great sized living room and separate dining room! The kitchen has stainless steel appliances and is very well kept! Washer and Dryer in unit making this condo very convenient! Along with a storage space in the basement and two assigned parking spaces!! You're minutes from the University of Chicago, Midway Plaisance Park, Jackson Park, 63rd Street Metra Station, Lakefront, the future home of the Obama Presidential Center, and not to mention across the street from top-notch schools including Mt. Carmel High School and Hyde Park High School. Easy access to Lake Shore Drive, Museum of Science and Industry, shopping, and other neighborhood amenities. Don't miss this great opportunity!

Last Agent to Sell the Property

Clarissa Vega

Avenue Properties Chicago License #475190442 Listed on: 08/02/2022

Last Buyer's Agent

Lisa Hendricks

Cynthia Frye License #475153818

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $478

Lot Details

  • 0.32

HOA Fees

  • $218 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,650 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Double Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side or Rear Entrance to Parking
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 18 Units
  • Cordell Hopkins Association, Phone Number (773) 590-5258
  • Property managed by Cordell Hopkins

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 55 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$478

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Double Oven, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1650
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Rear/Side Entry
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 218
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cordell Hopkins
  • Management Contact Name: Cordell Hopkins
  • Management Phone: 773-590-5258
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 55

Tax Info

  • Tax Annual Amount: 478.24
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Oct 7, 2022
Sold by
Martinez Velia
Bought by
Allen Leslie
Seller's Agent
Clarissa Vega
Avenue Properties Chicago
Buyer's Agent
Lisa Hendricks
Cynthia Frye
List Price
$189,999
Sold Price
$185,000
Premium/Discount to List
-$4,999
-2.63%
Current Estimated Value
$223,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,159
Avg. Annual Appreciation
6.26%
Original Mortgage
$186,202
Outstanding Balance
$181,060
Interest Rate
7.75%
Mortgage Type
Balloon
Estimated Equity
$42,099

Purchase Details

Closed on
Jul 29, 2005
Sold by
Waits Katara
Bought by
Martinez Velia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
5.69%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Allen Leslie $185,000 None Listed On Document
Martinez Velia $200,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Leslie $186,202
Previous Owner Martinez Velia $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $185,000 -2.6% $112 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $189,999 -- $115 / 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 $2,329 $17,391 $1,126 $16,265
2023 $996 $11,000 $1,126 $9,874
2022 $996 $11,000 $1,126 $9,874
2021 $1,006 $10,999 $1,125 $9,874
2020 $478 $7,731 $990 $6,741
2019 $471 $8,518 $990 $7,528
2018 $882 $10,648 $990 $9,658
2017 $1,830 $8,499 $900 $7,599
2016 $845 $8,499 $900 $7,599
2015 $733 $8,499 $900 $7,599
2014 $706 $8,206 $743 $7,463
2013 $673 $8,206 $743 $7,463
Source: Public Records

Agents Affiliated with this Home

  • Clarissa Vega

    Seller's Agent in 2022

    Clarissa Vega

    Avenue Properties Chicago

    (312) 825-8593

    1 in this area

    158 Total Sales

    Clarissa Vega
    Section Image
  • Lisa Hendricks

    Buyer's Agent in 2022

    Lisa Hendricks

    Cynthia Frye

    (708) 945-4726

    1 in this area

    5 Total Sales

    Lisa Hendricks
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11480523

Midwest Real Estate Data (MRED)

APN: 20-23-219-030-1003

Illinois Cook County Chicago 60637 Woodlawn

1501 E 65th St Unit 3, Chicago, IL

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