NOT LISTED FOR SALE

1520 W Olive Ave Unit 1W Chicago, IL 60660

Andersonville Neighborhood

Estimated Value: $448,000 - $606,000

2 Beds
2 Baths
-- Sq Ft
$324/mo HOA Fee

Last Sold August 28, 2019

Last sale price $435,000

Est. 25% increase in value since last sale

Current estimated payment $3,784/month

9 Days on Market

Highlights

  • Deck
  • Balcony
  • Living Room
  • Formal Dining Room
  • 1 Car Detached Garage
  • 3-minute walk to Mellin Park

About This Home

As of August 2019

ANDERSONVILLE! REHABBED VINTAGE FLAT WITH 2 OUTDOOR SPACES INCLUDING A COVERED FRONT TERRACE AND A BACK GRILLING DECK OFF A BIG COMMON YARD. FULLY REHABBED IN 2001, THEN UPDATED ALONG THE WAY, THIS PLACE IS EXCEPTIONAL. FRONT LIVING AREA HAS GAS FIREPLACE AND STEPS OUT ONTO THE TERRACE, MASTER BEDROOM SUITE FITS A KING AND CLOSETS ARE PROFESSIONALLY ORGANIZED, MODERN MASTER BATH (2014) HAS GREAT STORAGE AND AN OVERSIZED SHOWER. ENTERTAINING IS EASY IN THIS BRIGHT AND OPEN KITCHEN WITH 4 SEATER BREAKFAST BAR AND PHENOMENAL DINING AREA WHICH COULD DOUBLE AS FAMILY ROOM. GARAGE PARKING WITH ROOM TO HANG BIKES! WELL RUN SELF MANAGED BUILDING! STRONG RESERVES, 100% OWNER OCCUPIED 8 FLAT. WALK TO COFFEE STUDIO, BRYN MAWR EL, AND ALL THAT ANDERSONVILLE HAS TO OFFER.

Last Agent to Sell the Property

Alley Ballard

@properties Christie's International Real Estate License #475125048 Listed on: 07/09/2019

@properties Christie's International Real Estate

Co-Listed By

Glenn Bryant

@properties Christie's International Real Estate License #475176509

Last Buyer's Agent

Andrea Allen

Berkshire Hathaway HomeServices Chicago License #475136737

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,752

Year Built

  • Built in 1915 | Remodeled in 2001

Lot Details

  • 7,405

HOA Fees

  • $324 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Schools

  • Senn High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Given Upon A/I Association

Amenities

  • Common Area

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,752

Year Built

Built in 1915 | Remodeled in 2001

Lot Details

0

HOA Fees

$324 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Non-Smoking Building
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2001
  • Rebuilt Year: 2014
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2001

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • 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
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 425000
  • Lot Features: Common Grounds
  • 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: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 324
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Management Company: self managed
  • Management Contact Name: given upon a/i
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: SENN HIGH SCHOOL
  • Middle/Junior School District: 299
  • Elementary School #2: PEIRCE ELEMENTARY SCHOOL INTL STUDIES SCHOOL

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: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 6751.8
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Aug 17, 2019
Sold by
Welling Andrew M and Mullen Matthew I
Bought by
Wolfson Aaron J and Mcclure Wolfson Ashley M
Seller's Agent
Alley Ballard
@properties Christie's International Real Estate
Buyer's Agent
Andrea Allen
Berkshire Hathaway HomeServices Chicago
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Current Estimated Value
$542,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,922
Avg. Annual Appreciation
3.66%
Original Mortgage
$348,000
Outstanding Balance
$226,101
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$316,821

Purchase Details

Closed on
May 30, 2003
Sold by
Welling Andrew M and Mullen Matthew I
Bought by
Welling Andrew M and Mullen Matthew I

Purchase Details

Closed on
Dec 7, 2001
Sold by
1518 West Olive Llc
Bought by
Welling Andrew M and Mullen Matthew L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,720
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
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
Wolfson Aaron J $435,000 Proper Title Llc
Welling Andrew M -- Chicago Title Insurance Comp
Welling Andrew M -- Chicago Title Insurance Comp
Welling Andrew M $306,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfson Aaron J $348,000
Previous Owner Welling Andrew M $244,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $435,000 +2.4% --
07/18/2019 07/18/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $425,000 -- --
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 $7,083 $37,647 $9,151 $28,496
2023 $6,884 $36,890 $7,358 $29,532
2022 $6,884 $36,890 $7,358 $29,532
2021 $7,082 $38,547 $7,357 $31,190
2020 $6,882 $33,997 $4,230 $29,767
2019 $6,869 $37,616 $4,230 $33,386
2018 $6,752 $37,616 $4,230 $33,386
2017 $6,199 $32,170 $3,678 $28,492
2016 $5,943 $32,170 $3,678 $28,492
2015 $5,414 $32,170 $3,678 $28,492
2014 $4,918 $29,073 $2,805 $26,268
2013 $4,809 $29,073 $2,805 $26,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10444701

Midwest Real Estate Data (MRED)

APN: 14-05-326-066-1004