NOT LISTED FOR SALE

2041 N Magnolia Ave Unit D Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $1,009,000 - $1,351,000

3 Beds
2.5 Baths
2,800 Sq Ft
$460/mo HOA Fee

Last Sold June 24, 2022

Last sale price $1,070,000 $382 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,194/month

Highlights

  • Penthouse
  • Spa
  • Deck
  • Mayer Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of June 2022

Stunning & Architecturally Unique, this 2,800 sq ft THREE BEDROOM Lincoln Park Duplex TIMBER LOFT is located on gorgeous, tree-lined Magnolia street in LINCOLN PARK.**Unlike anything else in the neighborhood, this extraordinary home has a magazine quality vibe & boasts 22 ft barrel vaulted ceilings, 35 ft wide living/dining room, structural trusses & oversized skylights on both levels. **NO SHARED WALLS, it's incredibly private & feels/lives like a SFH.**The main floor offers sprawling living & dining space, drenched in natural light thanks to an entire wall of oversized windows, transitional gray hdwd floors, chic chandeliers, dramatic floor to ceiling fireplace surround, enormous eat-in kitchen with tons of cabinets & granite counter tops, custom 100+ bottle Subzero wine fridge, butler pantry, sunny SIDE PATIO & powder room. **Main floor 2nd BEDROOM is ensuite & showcases a murphy bed and custom built in desk/bookshelves. **The 3rd BEDROOM is currently being used as a bonus family room.**Serene and spacious 20 x 20 primary suite encompasses the entire 2nd floor.**Enormous spa like bath offers huge soaking tub, massive skylight, separate walk-in shower and his/her walk-in closets.**Sip your morning coffee or enjoy evening cocktails under the stars on the 20x12 PRIVATE DECK. And the piece de resistance: Feel your stress melt away as you relax in the HOT TUB (that can be used year-round). **Intimate 6-unit self managed condo building is 100% owner occupied ** ATTACHED GARAGE PARKING + storage INCLUDED! **PET FRIENDLY** No Rentals allowed **Approx $29k in reserves** Enjoy a short walk to all the cute shops, cool pubs and eclectic eateries on Webster, Armitage & Halsted. **Bucktown / Wicker Park is a short 10 min cab ride & super easy access to the Metra train and 90/94 @Ashland & Clybourn. **Oscar Mayer School Dist. **Come live your BEST LIFE @2041 Magnolia, Unit D in fabulous Lincoln Park! **Assessment: $460 month **2020 Taxes: $16,593 (owners just filed for home owner's exemption)

Last Agent to Sell the Property

Nancy Gaspadarek

@properties Christie's International Real Estate License #475127599 Listed on: 04/08/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Jeffrey Lowe

Compass License #475154506

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,593

Year Built

  • Built in 1930

Lot Details

  • 9,365

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Historic or Period Millwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Storage
  • Intercom

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Schools

  • Oscar Mayer Elementary School

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger, snow removal
  • 6 Units
  • Condo President Association, Phone Number (312) 312-0000

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,593

Year Built

Built in 1930

Lot Details

0

HOA Fees

$460 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex,Condo-Loft,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex,Condo-Loft,Penthouse
  • Year Built: 1930
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Trash Compactor, Wine Refrigerator, Cooktop, Water Purifier, Intercom
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hot Tub, Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Historic/Period Mlwk, Beamed Ceilings, Open Floorplan, Some Carpeting, Granite Counters
  • LivingArea: 2800
  • Room Type: Breakfast Room, Foyer, Walk In Closet, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Window Features: Blinds

Exterior Features

  • List Price: 1125000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 460
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: condo president
  • Management Phone: 312-312-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Oscar Mayer Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 16593.38
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 18, 2022
Sold by
Hovsepian Brandon W and Hovsepian Karen A
Bought by
Riffkin Rebecca W and Chodak David
Seller's Agent
Nancy Gaspadarek
@properties Christie's International Real Estate
Buyer's Agent
Jeffrey Lowe
Compass
List Price
$1,125,000
Sold Price
$1,070,000
Premium/Discount to List
-$55,000
-4.89%
Current Estimated Value
$1,181,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,041
Avg. Annual Appreciation
3.04%

Purchase Details

Listed on
Jul 11, 2017
Closed on
Feb 6, 2018
Sold by
Pozarnsky Sylvia J
Bought by
Hovsepian Brandon W and Hovsepian Karen A
Seller's Agent
Donald Hughes
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Nancy Gaspadarek
@properties Christie's International Real Estate
List Price
$989,000
Sold Price
$850,000
Premium/Discount to List
-$139,000
-14.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$678,800
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Pozarnsky Sylvia J
Bought by
Pozarnsky Sylvia J and Sylvia J Pozarnsky Living Trust

Purchase Details

Closed on
Jun 3, 2002
Sold by
Riley Thomas E
Bought by
Pozarnsky Sylvia J

Purchase Details

Closed on
Sep 24, 1993
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Riley Thomas E and Pozarnsky Sylvia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.05%
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
Riffkin Rebecca W $1,070,000 None Listed On Document
Hovsepian Brandon W $850,000 North American Title
Pozarnsky Sylvia J -- --
Pozarnsky Sylvia J $195,000 --
Riley Thomas E $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hovsepian Brandon W $678,800
Previous Owner Riley Thomas E $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2022 06/24/22 Sold $1,070,000 -4.9% $382 / Sq Ft
06/20/2022 06/20/22 For Sale $1,125,000 +32.4% $402 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
02/26/2018 02/26/18 Sold $850,000 -5.0% $304 / Sq Ft View Prior Sale
01/05/2018 01/05/18 Pending -- -- --
11/03/2017 11/03/17 Price Changed $895,000 -5.7% $320 / Sq Ft
09/05/2017 09/05/17 Price Changed $949,000 -4.0% $339 / Sq Ft
07/11/2017 07/11/17 For Sale $989,000 -- $353 / 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 $17,893 $98,691 $22,422 $76,269
2023 $16,687 $84,550 $18,082 $66,468
2022 $16,687 $84,550 $18,082 $66,468
2021 $16,332 $84,549 $18,082 $66,467
2020 $16,593 $74,487 $15,912 $58,575
2019 $16,254 $80,899 $15,912 $64,987
2018 $15,302 $80,899 $15,912 $64,987
2017 $15,234 $74,140 $13,019 $61,121
2016 $14,349 $74,140 $13,019 $61,121
2015 $13,105 $74,140 $13,019 $61,121
2014 $9,994 $56,431 $9,764 $46,667
2013 $9,785 $56,431 $9,764 $46,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11369753

Midwest Real Estate Data (MRED)

APN: 14-32-134-055-1005