NOT LISTED FOR SALE

Cinema Lofts 1635 W Belmont Ave Unit 316 Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $506,000 - $679,000

2 Beds
2 Baths
1,300 Sq Ft
39,945 Sq Ft Lot

Sale Details

Date Sold: July 15, 2014

Last sale price $386,000 $297 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,252 / mo

24 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Storage
  • Augustus H. Burley Elementary School Rated A-
  • Attached Garage
  • 1-minute walk to Burley Community Park

About This Home

As of July 2014

HIGHLY DESIRABLE CINEMA LOFTS 2 BR/2BTH W/2 CAR GARAGE SPACES INCLUDED! NEWLY REFINISHED HW FLRS, NEWLY PAINTED.VERY BRIGHT AND OPEN LIVING/ DINING RM AND KITCHEN. KITCHEN FEATURES SS APPLIANCES, GRANITE COUNTERS. MBATH FEATURES GRANITE COUNTERS, DOUBLE BOWL SINK & SOAKING TUB. HIGH CEILINGS,3 CEILING FANS,CUSTOM CLOSETS THROUGHOUT & BALCONY. STORAGE. BURLEY SCHOOL DISTRICT.ROOFTOP DECK, STORAGE AND EXERCISE ROOM!

Last Agent to Sell the Property

Michael Kaufman

Jameson Sotheby's Intl Realty License #471002018 Listed on: 04/21/2014

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Kathleen Cooper

@properties Christie's International Real Estate License #475156155

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • 1997

Lot Details

  • 0.92

HOA Fees

  • $407 per month

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Balcony
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Year Built

1997

Lot Details

0.92 Acres

HOA Fees

$407 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 16-20 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, Condo-Loft
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1997

Interior Features

  • Interior Property Features: Hardwood Floors, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 14X09, On Level: Main Level
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Balcony, Dimensions: 10X06, On Level: Main Level
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1300
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Door Person, Elevator, Exercise Room, Storage, Sundeck, Valet/Cleaner
  • Assessment Includes: Water, Common Insurance, Security, Doorman, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
  • Master Association Fee: Yes
  • Assessment Association Fees: 407
  • Management Contact Name: Sam Seguich
  • Management Phone: 312-867-1326X0000

Fee Information

  • Management Company: Delaware Realty Group

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14302040671034

Multi Family

  • Total Number Unitsin Building: 117
  • Number Stories: 4

Tax Info

  • Taxes: 5,424.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jul 15, 2014
Sold by
Bearak Justin and Bearak Jessica
Bought by
Mantz James B and Mantz Mary Lisabeth
Seller's Agent
Michael Kaufman
Jameson Sotheby's Intl Realty
Buyer's Agent
Kathleen Cooper
@properties Christie's International Real Estate
List Price
$399,900
Sold Price
$386,000
Premium/Discount to List
-$13,900
-3.48%
Current Estimated Value
$585,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,271
Avg. Annual Appreciation
3.60%
Original Mortgage
$166,700
Outstanding Balance
$125,665
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$459,606

Purchase Details

Closed on
May 21, 2009
Sold by
Willis Grady B and Willis Chantel
Bought by
Bearak Justin and Melzer Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
4.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 9, 2004
Sold by
Gaudin Antoine
Bought by
Bougoulas James A

Purchase Details

Closed on
Aug 5, 2003
Sold by
Varney Joseph P
Bought by
Willis Grady B and Carvajal Chantel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
5.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 25, 1997
Sold by
Cinema Lofts Lp
Bought by
Varney Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.54%
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
Mantz James B $386,000 Fidelity National Title
Bearak Justin $369,000 Cti
Bougoulas James A $391,000 Multiple
Willis Grady B $330,000 Pntn
Varney Joseph P $119,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mantz James B $166,700
Previous Owner Bearak Justin $298,500
Previous Owner Willis Grady B $313,500
Previous Owner Varney Joseph P $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $386,000 -3.5% $297 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $399,900 -- $308 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $8,898 $43,928 $5,571 $38,357
2024 $8,898 $43,928 $5,571 $38,357
2023 $8,669 $41,001 $4,493 $36,508
2022 $8,669 $41,001 $4,493 $36,508
2021 $8,470 $40,999 $4,492 $36,507
2020 $7,228 $31,593 $2,012 $29,581
2019 $7,115 $34,431 $2,012 $32,419
2018 $6,996 $34,431 $2,012 $32,419
2017 $6,739 $30,408 $1,796 $28,612
2016 $6,280 $30,408 $1,796 $28,612
2015 $5,757 $30,408 $1,796 $28,612
2014 $5,577 $31,589 $1,464 $30,125
2013 $5,460 $31,589 $1,464 $30,125
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael Kaufman

    Jameson Sotheby's Intl Realty

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About Cinema Lofts

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08590515

Midwest Real Estate Data (MRED)

APN: 14-30-204-067-1034

Illinois Cook County Chicago 60657 Southport Corridor

1635 W Belmont Ave Unit 316, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID

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