NOT LISTED FOR SALE

Estimated Value: $289,000 - $323,000

1 Bed
1 Bath
-- Sq Ft
$434/mo HOA Fee

Last Sold July 23, 2021

Last sale price $230,000

Est. 29% increase in value since last sale

Current estimated payment $2,488/month

100 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Davis Station
  • Elevator
  • Dewey Elementary School Rated A
  • Community Indoor Pool
  • 1-minute walk to Fountain Square

About This Home

As of July 2021

Bright and spacious 1 bedroom at Optima Towers with sunny northeastern exposure overlooking Sherman and Davis Streets. Kitchen was recently updated with granite countertops and stainless steel appliances. New washer and dryer, garage parking and storage included. Brand new hardwood floors are in the process of being installed in the entryway, living room and hallway.

Last Agent to Sell the Property

Katrina & George de los Reyes

Berkshire Hathaway HomeServices Chicago License #475150010 Listed on: 03/15/2021

Berkshire Hathaway HomeServices Chicago

Co-Listed By

George de los Reyes

Berkshire Hathaway HomeServices Chicago License #475113076

Last Buyer's Agent

Kira Spivack

Jameson Sotheby's International Realty License #475164818

Jameson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,278

Year Built

  • Built in 1997

Lot Details

  • 0.61

HOA Fees

  • $434 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Slab Foundation

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

  • Dewey Elementary School
  • Nichols Middle School
  • Evanston Twp High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 105 Units
  • Jennifer Armistead Association, Phone Number (847) 905-0409
  • Property managed by jennifera@buildinggroup.com
  • 12-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,278

Year Built

Built in 1997

Lot Details

0

HOA Fees

$434 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: 1997
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 12
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 235000
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 434
  • Association Amenities: Elevator(s), Exercise Room, Storage, Indoor Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: jennifera@buildinggroup.com
  • Management Contact Name: Jennifer Armistead
  • Management Phone: 847-905-0409

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Dewey Elementary School
  • High School: Evanston Twp High School
  • Middle/Junior School: Nichols Middle School
  • Middle/Junior School District: 65

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5277.87
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Kim Jung Won
Bought by
Jung Won Kim Living Trust
Current Estimated Value
$297,843

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jul 14, 2021
Sold by
Grove Michael J
Bought by
Kim Jung Won
Seller's Agent
Katrina & George de los Reyes
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Kira Spivack
Jameson Sotheby's International Realty
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$184,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2003
Sold by
Schwab Ilene and Perlove Marc
Bought by
Grove Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.06%

Purchase Details

Closed on
May 16, 2002
Sold by
Optima Center Evanston Ltd Partnership
Bought by
Schwab Ilene and Perlove Marc
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
Jung Won Kim Living Trust -- Park Swung
Kim Jung Won $230,000 Chicago Title
Grove Michael J $230,000 Chicago Title Insurance Co
Schwab Ilene $193,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jung Won $184,000
Previous Owner Grove Michael J $185,250
Previous Owner Grove Michael J $234,950
Previous Owner Grove Michael J $33,000
Previous Owner Grove Michael J $207,150
Previous Owner Grove Michael J $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $230,000 -2.1% --
06/23/2021 06/23/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $235,000 +2.2% --
04/06/2021 04/06/21 Off Market $230,000 -- --
03/15/2021 03/15/21 For Sale $235,000 0.0% --
08/28/2020 08/28/20 Rented $2,050 -2.4% --
06/18/2020 06/18/20 For Rent $2,100 +5.0% --
08/05/2018 08/05/18 Rented $2,000 -2.4% --
07/09/2018 07/09/18 For Rent $2,050 0.0% --
07/05/2018 07/05/18 Off Market $2,050 -- --
06/28/2018 06/28/18 For Rent $2,050 +2.5% --
10/01/2017 10/01/17 Rented $2,000 +8.1% --
09/25/2017 09/25/17 Off Market $1,850 -- --
08/24/2017 08/24/17 Price Changed $1,850 -5.1% --
08/18/2017 08/18/17 For Rent $1,950 -- --
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 $5,085 $21,007 $424 $20,583
2023 $5,258 $21,007 $424 $20,583
2022 $5,258 $22,637 $424 $22,213
2021 $5,466 $20,597 $279 $20,318
2020 $5,393 $20,597 $279 $20,318
2019 $5,278 $22,526 $279 $22,247
2018 $5,508 $20,104 $237 $19,867
2017 $5,364 $20,104 $237 $19,867
2016 $5,088 $20,104 $237 $19,867
2015 $4,602 $17,163 $190 $16,973
2014 $4,660 $17,163 $190 $16,973
2013 $4,557 $17,163 $190 $16,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11021532

Midwest Real Estate Data (MRED)

APN: 11-18-311-043-1028