$332,000
SOLD NOV 1, 2020

2043 W Farwell Ave Unit 1W Chicago, IL 60645

West Ridge Neighborhood
3 Beds
2 Baths
1,993 Sq Ft
$378/mo HOA Fee

Recently Sold

$167 Per Sq Ft

4% Below List Price

18 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Stainless Steel Appliances
  • Main Floor Bedroom
  • Walk-In Pantry
  • Detached Garage

About This Home

As of August 2023

Ideally located at the tree-lined corner of Farwell and Seeley, this exceptionally well cared for, extra-wide and sun-filled high first floor home has major curb appeal, exudes pride of ownership, offers a fantastic and well thought out floor plan, and truly shows like a masterpiece. A gracious entryway welcomes you and leads into a massive living room featuring a gas fireplace, extra-large windows on two sides with plantation shutters, original crown molding, base molding, and built-in bookshelves. The very inviting and large dining room features more gorgeous moldings, and can easily accommodate a 10 person table. Step through French doors leading into the Chef's kitchen featuring stainless steel appliances, granite countertops, lots of cabinet space, and a spacious island with seating. A massive master suite could easily accommodate a California king with room to spare. The two additional bedrooms are gracious in size. Other special features include in-unit laundry, hardwood floors throughout with the exception of the third bedroom, radiant heat, space pac air, loads of storage in the common basement, and private single car garage parking. Easy access to grocery stores, parks, a golf course, transportation, and more. In addition to the monthly assessment of $378 there is a temporary additional reserve fund assessment of $217.13. The reserve account balance is currently a healthy $41,000 and the building is in excellent condition.

Last Agent to Sell the Property

Debra Dobbs

Compass License #475094099 Listed on: 08/21/2020

Compass

Last Buyer's Agent

Stephanie LoVerde

Baird & Warner License #475156302

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,526

Year Built

  • 1925

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $378 per month

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Built-In Features
  • Decorative Fireplace
  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Utilities

  • Central Air
  • Radiator
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,526

Year Built

1925

Lot Details

0

HOA Fees

$378 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage, Built-in Features
  • Number Of Rooms: 6
  • Living Room: Dimensions: 25X16, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable, Intercom, CO Detectors, Ceiling Fan
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 4X5, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 13X8, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X9, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1993
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Cable Access
  • Exposure: N (North), S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt, Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Radiators

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: Bike Room/Bike Trails, Storage, Security Door Locks
  • Assessment Includes: Heat, Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 378
  • Management Phone: 999-999-9999

Fee Information

  • Management Company: SELF MANAGED

Schools

  • School District: 299
  • Elementary School: G Armstrong Elementary School In
  • Middle School: G Armstrong Elementary School In
  • High School: Sullivan High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: INTEGRAL
  • Lot Description: Corner
  • Parcel Identification Number: 11311240191004

Multi Family

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

Tax Info

  • Taxes: 4351.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 21, 2023
Sold by
Gandham Kasev and Gandham Jessica
Bought by
Welense Joy and Welense Timothy
Seller's Agent
Suzanne Niersbach
Baird & Warner
Buyer's Agent
William Vezo
Redfin Corporation
List Price
$375,000
Sold Price
$367,500
Premium/Discount to List
-$7,500
-2%
Views
122
Current Estimated Value
$411,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,395
Avg. Annual Appreciation
4.14%
Original Mortgage
$324,250
Outstanding Balance
$318,885
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$78,703

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 30, 2020
Sold by
Ghelfi Dorian Lelay and Hansen Elizabeth
Bought by
Gandham Kasev and Tenuta Jessica
Seller's Agent
Debra Dobbs
Compass
Buyer's Agent
Stephanie LoVerde
Baird & Warner
List Price
$347,500
Sold Price
$332,000
Premium/Discount to List
-$15,500
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$265,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2013
Closed on
Sep 24, 2013
Sold by
Drase George P and Drase Christine
Bought by
Ghelfi Dorian Lelay and Hansen Elizabeth
Seller's Agent
Dean Moss
Keller Williams Rlty Partners
Buyer's Agent
Jayne Alofs
Compass
List Price
$267,400
Sold Price
$263,500
Premium/Discount to List
-$3,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$237,150
Interest Rate
5.12%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $367,500 None Listed On Document
Warranty Deed $332,000 Citywide Title Corporation
Warranty Deed $263,500 Pntn
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,250 New Conventional
Previous Owner $265,600 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $237,150 New Conventional
Previous Owner $186,000 New Conventional
Previous Owner $188,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $200,000 Unknown
Previous Owner $155,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $367,500 -2.0% $184 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $375,000 +13.0% $188 / Sq Ft
11/01/2020 11/01/20 Sold $332,000 -4.5% $167 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $347,500 +31.9% $174 / Sq Ft
09/24/2013 09/24/13 Sold $263,500 -1.5% $132 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $267,400 -- $134 / 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 $3,526 $34,375 $3,499 $30,876
2023 $6,993 $34,000 $2,799 $31,201
2022 $6,993 $34,000 $2,799 $31,201
2021 $6,837 $33,999 $2,799 $31,200
2020 $4,345 $22,608 $2,643 $19,965
2019 $4,351 $25,087 $2,643 $22,444
2018 $4,277 $25,087 $2,643 $22,444
2017 $4,340 $23,536 $2,332 $21,204
2016 $4,214 $23,536 $2,332 $21,204
2015 $3,832 $23,536 $2,332 $21,204
2014 $2,138 $14,093 $2,099 $11,994
2013 $2,085 $14,093 $2,099 $11,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10826785

Midwest Real Estate Data (MRED)

APN: 11-31-124-019-1004