NOT LISTED FOR SALE

1617 N Hermitage Ave Unit 3S Chicago, IL 60622

Wicker Park Neighborhood

Estimated Value: $548,000 - $625,000

2 Beds
2 Baths
1,400 Sq Ft
$155/mo HOA Fee

Last Sold November 18, 2020

Last sale price $470,000 $336 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,367/month

15 Days on Market

Highlights

  • Rooftop Deck
  • Walk-In Pantry
  • Detached Garage
  • Wood Flooring
  • Stainless Steel Appliances
  • Skylights

About This Home

As of November 2020

Location, location, location! This stylish 2-bedroom penthouse condo is ideally situated in the heart of Chicago's vibrant Bucktown and Wicker Park neighborhoods, within walking distance of trendy restaurants, boutique shopping, health clubs, yoga studios, spas, the Damen el station, I-94, and much more! Freshly updated, this 1,400 sqft condo has dramatic 11-foot ceilings, a wood-burning fireplace, attractive hardwood floors, new carpet in the bedrooms, sun-filled east, south, and west views from oversized windows, and two large decks including a private roof deck with skyline views. Each of the two bedrooms includes a wall of closets. Other features include a newer en suite primary bath, a second full bath, full-size front-loading in-unit laundry, and garage parking. With relatively low property taxes, a low monthly assessment, and owned garage parking, this is an outstanding alternative to renting!

Last Agent to Sell the Property

Jennifer Ames

Engel & Voelkers Chicago License #475150488 Listed on: 09/25/2020

Engel & Voelkers Chicago

Last Buyer's Agent

Tom Diamantopoulos

Paleos Properties, LLC License #475156744

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,908

Year Built

  • 1997

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $155 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
  • Block Exterior

Interior Spaces

  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $750 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,908

Year Built

1997

Lot Details

0

HOA Fees

$155 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 3
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1997
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Low Rise (1-3 Stories), Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1997

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, Intercom, Ceiling Fan
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Deck, Foyer, Deck
  • Master Bedroom: Dimensions: 12X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Deck, Dimensions: 16X08, On Level: Main Level
  • Additional Room 2 Name: Foyer, Dimensions: 08X05, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 09X09, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Deck, Dimensions: 12X19, On Level: 2nd Level
  • Estimated Sq Ft: 1400
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Block
  • Exterior Property Features: Deck, Roof Deck
  • Exposure: S (South), E (East), W (West)

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

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, Security Door Locks
  • Assessment Includes: Parking, Common Insurance, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 155
  • Management Contact Name: Self Managed
  • Management Phone: 999-999-9999

Fee Information

  • Management Company: Self Managed

Schools

  • School District: 299
  • Elementary School: Burr Elementary School
  • Middle School: Burr Elementary School
  • High School: Wells Community Academy Senior H
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14314290491006

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 3

Tax Info

  • Taxes: 9101.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 1, 2020
Sold by
Cooper Erik H and Erik H Cooper Trust
Bought by
Tuscher James G
Seller's Agent
Jennifer Ames
Engel & Voelkers Chicago
Buyer's Agent
Tom Diamantopoulos
Paleos Properties, LLC
List Price
$489,000
Sold Price
$470,000
Premium/Discount to List
-$19,000
-3.89%
Total Days on Market
15
Current Estimated Value
$588,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,435
Avg. Annual Appreciation
5.38%
Original Mortgage
$376,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2018
Sold by
Cooper Erik
Bought by
Cooper Erik H and The Erik H Cooper Trust Dated

Purchase Details

Listed on
Feb 22, 2016
Closed on
Mar 21, 2016
Sold by
Kofoid Douglas S and Geanuleas Marie
Bought by
Cooper Erik
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Megan Kinnahan
@properties Christie's International Real Estate
List Price
$439,000
Sold Price
$460,000
Premium/Discount to List
$21,000
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%

Purchase Details

Closed on
Aug 23, 2005
Sold by
Grant Scott Hepding
Bought by
Kofoid Douglas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,800
Interest Rate
6.01%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 27, 1999
Sold by
Karzen John E
Bought by
Grant Scott Hepding

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
7.25%
Source: Public Records

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Range of Values:

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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
Tuscher James G $470,000 Old Republic Title
Cooper Erik H -- None Available
Cooper Erik $460,000 Stewart Title
Kofoid Douglas S $401,000 Ct
Grant Scott Hepding $272,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tuscher James G $376,000
Previous Owner Kofoid Douglas S $288,750
Previous Owner Kofoid Douglas S $309,000
Previous Owner Kofoid Douglas S $320,800
Previous Owner Kofoid Douglas S $40,000
Previous Owner Grant Scott Hepoing $215,000
Previous Owner Grant Scott Hepding $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $470,000 -3.9% $336 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $489,000 +6.3% $349 / Sq Ft
04/05/2016 04/05/16 Sold $460,000 +4.8% $329 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $439,000 -- $314 / 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 $10,908 $53,414 $8,352 $45,062
2023 $10,908 $56,456 $4,368 $52,088
2022 $10,908 $56,456 $4,368 $52,088
2021 $11,353 $56,455 $4,368 $52,087
2020 $8,675 $42,042 $4,368 $37,674
2019 $8,526 $45,866 $4,368 $41,498
2018 $8,381 $45,866 $4,368 $41,498
2017 $8,291 $41,891 $3,840 $38,051
2016 $7,890 $41,891 $3,840 $38,051
2015 $7,196 $41,891 $3,840 $38,051
2014 $5,332 $31,308 $3,408 $27,900
2013 $5,216 $31,308 $3,408 $27,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10881853

Midwest Real Estate Data (MRED)

APN: 14-31-429-049-1006