Seller's Agent in 2024
Dee Thompson
Berkshire Hathaway HomeServices Chicago
(312) 882-5822
11 in this area
33 Total Sales
1531 N North Park Ave Chicago, IL 60610
Old Town NeighborhoodEstimated Value: $3,926,000 - $4,537,000
5
Beds
5.5
Baths
5,600
Sq Ft
$745/Sq Ft
Est. Value
Highlights
- New Construction
- 4-minute walk to Sedgwick Station
- Heated Floors
- Lincoln Park High School Rated A
- Rooftop Deck
- Fireplace in Primary Bedroom
About This Home
As of March 2024EXCEPTIONAL NEW CONSTRUCTION home on one of Old Town's loveliest street! Recently COMPLETED LATE 2023 and designed and constructed by luxury builder, this special home is ready for immediate delivery and no detail has been missed in the delivery of excellence. Professionally designed and curated, this solid masonry luxury home offers 5 bed + office, 5.5 baths, 2 car garage, a stunning Wolf/Subzero chef's kitchen with butler pantry, large mudroom, 4 living spaces, wet bar, wine room, 2 laundry rooms and 2 large exterior living spaces (including an above ground, large walk out patio and a large rooftop with skyline views that is ready to be customized to suit). Enjoy 3 fireplaces, designer luxury marble and tile, custom millwork including reclaimed beam details and beautiful white oak rift + quartered hardwood flooring throughout. Stay extra cozy in the winter with radiant heat in all full baths and the entire lower level. No shoveling is required with the home's integrated driveway/sidewalk/porch snow melt system. This home is situated on a special, wide, tree lined street and is surrounded by beautiful, luxury homes and is in close proximity to a plethora of shops, restaurants, elite schools, entertainment and Chicago's renowned lakefront. This builder constructs its homes with the highest level of details and for future build out options such as customized outdoor spaces with pergolas, hot tub, kid/pet friendly features, additional bars and fireplaces, and garage is roughed in for electric cars and heat! This home has been professionally appointed at the first floor, office and primary suite, all which is available for purchase with the home, at an additional price. Additionally, the homeowner(s) of this lovely home will receive a 1-year builder's warranty. Extended home warranty is available upon request.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #475133731 Listed on: 01/21/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices Chicago License #475133731 Listed on: 01/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,008
Year Built
- Built in 2023 | New Construction
Lot Details
- 2,548 Sq Ft Lot
- Lot Dimensions are 25x102
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick or Stone Mason
- Asphalt Roof
- Rubber Roof
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,600 Sq Ft Home
- 3-Story Property
- Wet Bar
- Gas Log Fireplace
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
Kitchen
- Breakfast Bar
- Double Oven
- Range with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Fireplace in Primary Bedroom
- Dual Sinks
- Soaking Tub
- Steam Shower
- Separate Shower
Laundry
- Laundry in multiple locations
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- English Basement
- Finished Basement Bathroom
Outdoor Features
- Balcony
- Rooftop Deck
- Terrace
Location
- Property is near a park
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- 200+ Amp Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2024
Closed on
Feb 27, 2024
Sold by
Urbane Home Llc
Bought by
Rosemergy Benjamin and Rosemergy Leah
Seller's Agent
Dee Thompson
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Dee Thompson
Berkshire Hathaway HomeServices Chicago
List Price
$4,195,000
Sold Price
$4,185,000
Premium/Discount to List
-$10,000
-0.24%
Views
172
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
-$10,314
Avg. Annual Appreciation
-0.17%
Original Mortgage
$3,766,081
Outstanding Balance
$3,697,320
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$477,366
Purchase Details
Closed on
Jul 26, 2022
Sold by
Fbf Llc
Bought by
Urbane Home Llc-1531 North Park
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.78%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 11, 2022
Sold by
Fbf Llc
Bought by
Urbane Home Llc-1531 North Park
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.78%
Mortgage Type
Construction
Purchase Details
Listed on
Jul 15, 2021
Closed on
Oct 29, 2021
Sold by
Momo Craft Gallery Llc
Bought by
Fbf Llc
Seller's Agent
Lindsay Everest
Jameson Sotheby's Intl Realty
Buyer's Agent
Patrick Teets
Jameson Sotheby's Intl Realty
List Price
$1,095,000
Sold Price
$1,095,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.44%
Purchase Details
Closed on
Jan 29, 2003
Sold by
Steiner Momoko O
Bought by
Momo Craft Gallery Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,300
Interest Rate
5.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 31, 2001
Sold by
Mahoney Matthew L and Mahoney Sara A
Bought by
Steiner Momoko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,400
Interest Rate
6.87%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Rosemergy Benjamin | $4,185,500 | First American Title | |
| Urbane Home Llc-1531 North Park | $1,320,000 | Fidelity National Title | |
| Fbf Llc | $1,095,000 | Chicago Title | |
| Momo Craft Gallery Llc | -- | -- | |
| Steiner Momoko | $892,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rosemergy Benjamin | $3,766,081 | |
| Previous Owner | Urbane Home Llc-1531 Northpark | $2,800,000 | |
| Previous Owner | Urbane Home Llc-1531 North Park | $264,000 | |
| Previous Owner | Momo Craft Gallery Llc | $542,000 | |
| Previous Owner | Steiner Momoko O | $620,300 | |
| Previous Owner | Steiner Momoko | $624,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $4,185,000 | -0.2% | $747 / Sq Ft |
| 02/11/2024 02/11/24 | Pending | -- | -- | -- |
| 01/21/2024 01/21/24 | For Sale | $4,195,000 | +283.1% | $749 / Sq Ft |
| 10/29/2021 10/29/21 | Sold | $1,095,000 | 0.0% | $259 / Sq Ft |
| 07/16/2021 07/16/21 | Pending | -- | -- | -- |
| 07/15/2021 07/15/21 | For Sale | $1,095,000 | -- | $259 / 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 | $24,347 | $407,000 | $39,525 | $367,475 |
| 2023 | $22,008 | $115,394 | $31,875 | $83,519 |
| 2022 | $22,008 | $107,000 | $31,875 | $75,125 |
| 2021 | $21,517 | $107,000 | $31,875 | $75,125 |
| 2020 | $24,308 | $109,119 | $26,775 | $82,344 |
| 2019 | $24,359 | $121,244 | $26,775 | $94,469 |
| 2018 | $23,950 | $121,244 | $26,775 | $94,469 |
| 2017 | $21,405 | $99,433 | $21,675 | $77,758 |
| 2016 | $19,915 | $99,433 | $21,675 | $77,758 |
| 2015 | $18,221 | $99,433 | $21,675 | $77,758 |
| 2014 | $14,031 | $75,622 | $16,575 | $59,047 |
| 2013 | $13,754 | $75,622 | $16,575 | $59,047 |
Source: Public Records
Agents Affiliated with this Home
-
Dee Thompson
-
Dione Balingit
Seller Co-Listing Agent in 2024
Dione Balingit
Berkshire Hathaway HomeServices Chicago
(847) 894-4851
4 in this area
36 Total Sales
-
Lindsay Everest
Seller's Agent in 2021
Lindsay Everest
Jameson Sotheby's Intl Realty
(312) 405-8052
22 in this area
66 Total Sales
-
Rachel Rand Martell
Seller Co-Listing Agent in 2021
Rachel Rand Martell
Jameson Sotheby's Intl Realty
(763) 257-2116
20 in this area
81 Total Sales
-
Patrick Teets
Buyer's Agent in 2021
Patrick Teets
Jameson Sotheby's Intl Realty
(616) 340-2620
42 in this area
142 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11951752
APN: 17-04-202-009-0000
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