NOT LISTED FOR SALE

1518 W Olive Ave Unit 1E Chicago, IL 60660

Andersonville Neighborhood

Estimated Value: $454,000 - $660,000

2 Beds
2 Baths
-- Sq Ft
$333/mo HOA Fee

Last Sold October 29, 2015

Last sale price $395,000

Est. 35% increase in value since last sale

Current estimated payment $3,763/month

4 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Home Office
  • Wood Flooring
  • Terrace
  • 3-minute walk to Mellin Park

About This Home

As of October 2015

Fantastic Andersonville home with garage parking and shared yard. Hardwood floors, breakfast room, large dining room off kitchen, granite, stainless steel appliances, 42" cabinets, wood burning fireplace, front terrace, back deck, central air, security system. Steps to Coffee Studio, restaurants, nightlife, boutiques, and the Red Line. Great, flexible floor plan.

Last Agent to Sell the Property

Elizabeth LaTour

Baird & Warner License #475143850 Listed on: 08/27/2015

Baird & Warner

Last Buyer's Agent

Sara McMurray

Coldwell Banker License #475105955

Coldwell Banker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,284

Year Built

  • 1925

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

HOA Fees

  • $333 per month

Parking

  • Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Deck
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,284

Year Built

1925

Lot Details

0

HOA Fees

$333 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1925
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, Security System, CO Detectors
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: Deck, Foyer, Office, Terrace
  • Master Bedroom: Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 12X7, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Terrace, Dimensions: 12X8, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Deck, Dimensions: 12X6, On Level: Main Level, Flooring: Other
  • Additional Room 4 Name: Foyer, Dimensions: 6X5, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Deck, Storms/Screens
  • Exposure: N (North), S (South), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Indv Controls

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 333
  • Management Contact Name: Self
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 14053260661003

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 3

Tax Info

  • Taxes: 5424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Oct 27, 2015
Sold by
Willstrom Chloe and Willstrom Grete
Bought by
Updegrove Karen Louise
Seller's Agent
Elizabeth LaTour
Baird & Warner
Buyer's Agent
Sara McMurray
Coldwell Banker
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Current Estimated Value
$533,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,962
Avg. Annual Appreciation
3.06%
Original Mortgage
$316,000
Outstanding Balance
$250,308
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$283,654

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jul 26, 2013
Sold by
Fragakis Spinosa Christopher Ryan and Fragakis Spinosa Natalie
Bought by
Williams Chloe and Hornstrom Grete
Seller's Agent
Alexander Tzallas
RE/MAX 10 Lincoln Park
Buyer's Agent
Elizabeth LaTour
Baird & Warner
List Price
$280,000
Sold Price
$330,000
Premium/Discount to List
$50,000
17.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$32,900
Interest Rate
4.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 7, 2006
Sold by
Fragakis Natalie I
Bought by
Fragakis Spinosa Christopher Ryan and Fragakis Spinosa Natalie

Purchase Details

Closed on
Feb 24, 2005
Sold by
Barwick Jeffrey S
Bought by
Fragakis Natalie I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2002
Sold by
1518 West Olive Llc
Bought by
Barwick Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,300
Interest Rate
5.75%
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
Updegrove Karen Louise $395,000 Fidelity National Title
Williams Chloe $330,000 None Available
Fragakis Spinosa Christopher Ryan -- None Available
Fragakis Natalie I $372,000 Professional National Title
Barwick Jeffrey S $300,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Updegrove Karen Louise $316,000
Previous Owner Williams Chloe $32,900
Previous Owner Fragakis Natalie I $297,600
Previous Owner Barwick Jeffrey S $237,300
Closed Fragakis Natalie I $55,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2015 10/29/15 Sold $395,000 -1.3% --
08/31/2015 08/31/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $400,000 +21.2% --
07/31/2013 07/31/13 Sold $330,000 +17.9% $236 / Sq Ft View Prior Sale
04/12/2013 04/12/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $280,000 -- $200 / 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 $7,284 $38,618 $9,387 $29,231
2023 $7,079 $37,839 $7,547 $30,292
2022 $7,079 $37,839 $7,547 $30,292
2021 $7,281 $39,540 $7,547 $31,993
2020 $7,078 $34,873 $4,339 $30,534
2019 $7,063 $38,585 $4,339 $34,246
2018 $6,943 $38,585 $4,339 $34,246
2017 $6,377 $32,999 $3,773 $29,226
2016 $6,609 $32,999 $3,773 $29,226
2015 $6,047 $32,999 $3,773 $29,226
2014 $5,533 $29,822 $2,877 $26,945
2013 $5,424 $29,822 $2,877 $26,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09023802

Midwest Real Estate Data (MRED)

APN: 14-05-326-066-1003