NOT LISTED FOR SALE

2008 W Race Ave Unit 1 Chicago, IL 60612

West Town Neighborhood

Estimated Value: $460,625 - $721,000

2 Beds
2 Baths
-- Sq Ft
$278/mo HOA Fee

Last Sold May 01, 2015

Last sale price $342,000

Est. 72% increase in value since last sale

Current estimated payment $4,003/month

39 Days on Market

Highlights

  • Spa
  • Heated Floors
  • Recreation Room
  • Sauna
  • Deck
  • Whirlpool Bathtub

About This Home

As of May 2015

Huge duplex down (1600 sq ft) party pad with over 300 sq ft of private garage roof deck. Unique condo with two beds two baths, huge finished basement and additional den or guestroom w/private entrance. Roof deck has sauna, Jacuzzi, and a wet bar. Lower level has large bar with wine cooler. Living room has a custom wood burning fireplace large enough for pizza. Garage parking included.

Last Agent to Sell the Property

Melissa Stanley

Baird & Warner License #471004787 Listed on: 02/10/2015

Baird & Warner

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,676

Lot Details

  • 2,222

HOA Fees

  • $278 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Bar Fridge
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Family or Dining Combination
  • Den
  • Recreation Room
  • Storage Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Deck

Schools

  • Talcott Elementary School
  • Wells Community Academy Senior H High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, scavenger
  • 3 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,676

Lot Details

0

HOA Fees

$278 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Sauna/Steam Room, Hot Tub, Bar-Wet, Hardwood Floors, Heated Floors, Storage
  • Room Type: Den, Deck, Recreation Room, Storage
  • Stories Total: 3
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Fireplace Location: Living Room

Exterior Features

  • List Price: 349900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 278
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Scavenger

Schools

  • Elementary School: TALCOTT ELEMENTARY SCHOOL
  • High School: WELLS COMMUNITY ACADEMY SENIOR H
  • Middle/Junior School District: 299
  • Elementary School #2: CHOPIN ELEMENTARY SCHOOL

Lot Info

  • Lot Dimensions: 25 X 125
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7676.09
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2015
Closed on
Apr 23, 2015
Sold by
Live Life Investments Llc
Bought by
Arowcavage Joseph
Seller's Agent
Melissa Stanley
Baird & Warner
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$355,000
Sold Price
$342,000
Premium/Discount to List
-$13,000
-3.66%
Current Estimated Value
$589,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,906
Avg. Annual Appreciation
5.36%
Original Mortgage
$331,740
Outstanding Balance
$263,287
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$326,619

Purchase Details

Closed on
Mar 12, 2010
Sold by
Fannie Mae
Bought by
Live Life Investments Llc

Purchase Details

Closed on
Mar 27, 2009
Sold by
Arroyo
Bought by
Federal National Mortgage Association
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
Arowcavage Joseph $342,000 Ctt
Live Life Investments Llc $123,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arowcavage Joseph $331,740
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $342,000 -2.3% --
03/21/2015 03/21/15 Pending -- -- --
03/17/2015 03/17/15 Price Changed $349,900 -1.4% --
02/10/2015 02/10/15 For Sale $355,000 -- --
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 $7,029 $56,028 $9,136 $46,892
2023 $6,810 $36,530 $4,170 $32,360
2022 $6,810 $36,530 $4,170 $32,360
2021 $6,676 $36,529 $4,169 $32,360
2020 $6,227 $31,053 $4,169 $26,884
2019 $6,182 $34,199 $4,169 $30,030
2018 $6,077 $34,199 $4,169 $30,030
2017 $6,901 $35,432 $3,678 $31,754
2016 $6,596 $35,432 $3,678 $31,754
2015 $6,012 $35,432 $3,678 $31,754
2014 $7,842 $44,835 $3,127 $41,708
2013 -- $44,835 $3,127 $41,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08835758

Midwest Real Estate Data (MRED)

APN: 17-07-121-060-1001