NOT LISTED FOR SALE

1616 W Rascher Ave Unit 3W Chicago, IL 60640

Andersonville Neighborhood

Estimated Value: $398,577 - $583,000

2 Beds
1 Bath
-- Sq Ft
$242/mo HOA Fee

Last Sold November 13, 2015

Last sale price $302,000

Est. 51% increase in value since last sale

Current estimated payment $3,099/month

41 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Storage
  • Wood Flooring
  • Detached Garage
  • 3-minute walk to Mellin Park

About This Home

As of November 2015

Location, location, location! This fantastic 2 bedroom, 1 bath condo is on a tree lined street near Clark St. in Andersonville! This top floor 2000 gut rehab of a classic vintage building has great space with a large living room, a sunroom and separate dining room. The living room has gorgeous maple built-ins for extra storage. The kitchen features maple cabinets, granite countertops and stainless steel appliances. Lots of light from south, west and north facing windows. Built in speakers for the kitchen, master bedroom and 2nd bedroom. Central heat/ac and in-unit laundry plus a large back deck. Garage parking included! This unit also has roof rights! Amazing location that is close to Andersonville shops & restaurants, public transportation, grocery stores and more!

Last Agent to Sell the Property

Christina Carmody

Fulton Grace Realty License #475135645 Listed on: 08/20/2015

Fulton Grace Realty

Last Buyer's Agent

Heather Seidelman

@properties Christie's International Real Estate License #475136886

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $242 per month

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Deck
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $9,000 Seller Concession

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$242 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X7, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck
  • Exposure: N (North), S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

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, Exterior Maintenance, Lawn Care, Scavenger
  • Assessment Association Fees: 242
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self managed

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14072070421007

Multi Family

  • Total Number Unitsin Building: 7
  • Number Stories: 3

Tax Info

  • Taxes: 3742.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2015
Closed on
Nov 2, 2015
Sold by
Malone Mark E
Bought by
Hodgson Kristina
Seller's Agent
Christina Carmody
Fulton Grace Realty
Buyer's Agent
Heather Seidelman
@properties Christie's International Real Estate
List Price
$315,000
Sold Price
$302,000
Premium/Discount to List
-$13,000
-4.13%
Current Estimated Value
$457,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,144
Avg. Annual Appreciation
4.20%
Original Mortgage
$286,900
Outstanding Balance
$229,125
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$228,019

Purchase Details

Closed on
Sep 4, 2001
Sold by
Foreit Mark F and Foreit Jennifer M
Bought by
Malone Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1999
Sold by
Foreit Properties Llc
Bought by
Foreit Mark E and Foreit Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.7%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hodgson Kristina $302,000 Fidelity National Title
Malone Mark E $275,000 Chicago Title Insurance Co
Foreit Mark E $135,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodgson Kristina $286,900
Previous Owner Malone Mark E $175,000
Previous Owner Foreit Mark E $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2015 11/13/15 Sold $302,000 -4.1% --
09/30/2015 09/30/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $315,000 -- --
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 $5,419 $35,312 $6,949 $28,363
2023 $5,261 $29,000 $5,587 $23,413
2022 $5,261 $29,000 $5,587 $23,413
2021 $5,162 $28,998 $5,586 $23,412
2020 $4,875 $24,985 $3,212 $21,773
2019 $4,865 $27,646 $3,212 $24,434
2018 $4,782 $27,646 $3,212 $24,434
2017 $4,280 $23,255 $2,793 $20,462
2016 $4,158 $23,255 $2,793 $20,462
2015 $3,781 $23,255 $2,793 $20,462
2014 $3,743 $22,741 $2,129 $20,612
2013 $3,658 $22,741 $2,129 $20,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09017235

Midwest Real Estate Data (MRED)

APN: 14-07-207-042-1007