$385,000
SOLD FEB 27, 2015

1516 W Grand Ave Unit 4W Chicago, IL 60642

West Town Neighborhood
2 Beds
2 Baths
1,460 Sq Ft
$152/mo HOA Fee

Recently Sold

$264 Per Sq Ft

1% Above List Price

Highlights

  • Rooftop Deck
  • Whirlpool Bathtub
  • Balcony
  • Wood Flooring
  • Sundeck
  • 2-minute walk to Bickerdike (George) Square Park

About This Home

As of October 2022

SOLD BEFORE PRINT

Last Agent to Sell the Property

David Faber

Coldwell Banker Realty Listed on: 01/06/2015

Last Buyer's Agent

Geno Petro

Gene D Petro License #471018331

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,539

Year Built

  • Built in 2001

HOA Fees

  • $152 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,460 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, security, exterior maintenance, snow removal
  • 8 Units
  • Mid-Rise Condominium

Amenities

  • Sundeck
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,539

Year Built

Built in 2001

Lot Details

0

HOA Fees

$152 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Year Built: 2001
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1460
  • Room Type: Deck
  • Stories Total: 4
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck
  • List Price: 380000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 152
  • Association Amenities: Bike Room/Bike Trails, Storage, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Management Company: Self Managed
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Exterior Maintenance, Snow Removal, Other

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 5539
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Oct 14, 2022
Sold by
Munley Patrick A
Bought by
Wilson Robert
Seller's Agent
Kirk Giannola
Compass
Buyer's Agent
Eugene Fu
@properties Christie's International Real Estate
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Total Days on Market
0
Current Estimated Value
$547,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,485
Avg. Annual Appreciation
4.73%
Original Mortgage
$285,000
Outstanding Balance
$276,828
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$270,657

Purchase Details

Listed on
Jan 6, 2015
Closed on
Feb 26, 2015
Sold by
Mcneilly Stella and Mcneilly Ryan
Bought by
Munley Patrick A
Seller's Agent
David Faber
Coldwell Banker Realty
Buyer's Agent
Geno Petro
Gene D Petro
List Price
$380,000
Sold Price
$385,000
Premium/Discount to List
$5,000
1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Original Mortgage
$320,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2012
Sold by
Shon Stella and Mcneilly Strela
Bought by
Mcneilly Stella and Mcneilly Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,963
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2008
Sold by
Sears John and Sears Angela
Bought by
Shon Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,890
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2004
Sold by
T & B Ventures Llc
Bought by
Sears John and Downey Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 None Listed On Document
Warranty Deed $385,000 Heritage Title Company
Interfamily Deed Transfer -- Lakeshore Title Agency
Warranty Deed $402,500 Ticor Title Insurance Co
Warranty Deed $340,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $352,963 FHA
Previous Owner $364,000 FHA
Previous Owner $361,890 Purchase Money Mortgage
Previous Owner $26,480 Credit Line Revolving
Previous Owner $340,000 Unknown
Previous Owner $310,500 Fannie Mae Freddie Mac
Previous Owner $306,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $485,000 -0.8% $323 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $489,000 -2.0% $326 / Sq Ft
07/29/2022 07/29/22 For Sale $499,000 0.0% $333 / Sq Ft
11/06/2021 11/06/21 Rented -- -- --
10/16/2021 10/16/21 Under Contract -- -- --
09/23/2021 09/23/21 For Rent $2,850 -3.4% --
11/01/2019 11/01/19 Rented $2,950 0.0% --
08/30/2019 08/30/19 Under Contract -- -- --
08/14/2019 08/14/19 For Rent $2,950 0.0% --
02/27/2015 02/27/15 Sold $385,000 +1.3% $264 / Sq Ft
01/06/2015 01/06/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $380,000 -- $260 / 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 $7,307 $47,312 $5,883 $41,429
2023 $7,307 $38,947 $2,685 $36,262
2022 $7,307 $38,947 $2,685 $36,262
2021 $7,162 $38,945 $2,684 $36,261
2020 $7,350 $36,097 $2,684 $33,413
2019 $7,298 $39,753 $2,684 $37,069
2018 $7,174 $39,753 $2,684 $37,069
2017 $7,708 $39,182 $2,369 $36,813
2016 $7,348 $39,182 $2,369 $36,813
2015 $6,699 $39,182 $2,369 $36,813
2014 $5,662 $33,083 $2,013 $31,070
2013 $5,539 $33,083 $2,013 $31,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08811019

Midwest Real Estate Data (MRED)

APN: 17-08-121-043-1008