Seller's Agent in 2020
Lisa Gendel
Jameson Sotheby's International Realty
(847) 476-5877
2 in this area
94 Total Sales
2048 W Farwell Ave Unit 1W Chicago, IL 60645
West Ridge NeighborhoodEstimated Value: $399,000 - $464,000
3
Beds
2
Baths
2,150
Sq Ft
$493/mo
HOA Fee
Highlights
- Wood Flooring
- Detached Garage
- Butlers Pantry
- Gallery
- Porch
- Built-In Features
About This Home
As of October 2020Spectacular vintage three bedroom two bathroom condominium in an equally impressive six unit boutique building which is on the National Register of Historic Places. Unique to this unit only is a private basement space (approximately 1000 SF) currently set up as a workshop- a woodworkers dream! This space is part of the condo and can be duplexed directly from the unit if desired or accessed through the common basement as it is now. The basement has 9' ceilings and huge natural light windows. A fantastic opportunity affording any number of uses including home offices, art studios, home gyms, or additional living space with bath. The main condo is a high first floor unit offering gracious room sizes and vintage detail throughout. A 36' long gallery hallway has arched doorways and a telephone nook and is simply stunning for displaying artwork. The elegant living room has beautiful divided light windows across the entire southern and western walls and has a showcase decorative Italianate fireplace mantle. Features include hardwood floors, 8'10" ceilings, plaster walls, period lighting fixtures, and picture and crown moldings in every room. There are generous closets everywhere for clothing, coats and linens as well as a walk in laundry room. There are 2 large bedrooms off the main hall that share a large classic white vintage bathroom and a 3rd bedroom off the kitchen with an en suite bath too. There is a banquet-sized dining room that opens to the butler's pantry with glass front cabinetry and additional workspace. The sweet kitchen with maple flooring is updated with granite counters,ample white cabinetry, and many newer appliances. The back porch offers a nice space for morning coffee and for growing herbs and hanging plants. There is grill space directly below on the common grounds. A garage directly across from the back stairs completes the package. One additional very special feature of this smaller self managed association is the furnished studio apartment on the main floor maintained and used by the 6 owners for their own guests! Pets are welcomed here. A lovely tree lined block in West Ridge just 1 block from Warren Park. Enjoy living near the lakefront and beaches. Convenient for commuters only .5 miles to the Rogers Park Metra station @Lunt & Ravenswood.
Last Agent to Sell the Property
Jameson Sotheby's International Realty License #475151585 Listed on: 08/17/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,265
Year Built
- 1928
Lot Details
- Southern Exposure
- East or West Exposure
HOA Fees
- $493 per month
Parking
- Detached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Brick Foundation
- Slab Foundation
- Rubber Roof
Interior Spaces
- Walk-In Closet
- Built-In Features
- Decorative Fireplace
- Workroom
- Storage
- Gallery
- Wood Flooring
- Unfinished Basement
- Partial Basement
Kitchen
- Butlers Pantry
- Oven or Range
- Microwave
- Dishwasher
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Radiator
- Hot Water Heating System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- North or South Exposure
- Porch
Community Details
- Pets Allowed
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2020
Closed on
Nov 9, 2020
Sold by
Treuthart Diane and Roman Diane
Bought by
Roman Diane and Roman Diane 2020
Seller's Agent
Lisa Gendel
Jameson Sotheby's International Realty
Buyer's Agent
Daniel Otto
Compass
List Price
$349,000
Sold Price
$339,000
Premium/Discount to List
-$10,000
-2.87%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,375
Avg. Annual Appreciation
5.34%
Original Mortgage
$244,000
Outstanding Balance
$215,907
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$225,468
Purchase Details
Listed on
Aug 17, 2020
Closed on
Oct 14, 2020
Sold by
Mclaughlin Peter A and Mclaughlin Marita Torres
Bought by
Treuthart Diane
Seller's Agent
Lisa Gendel
Jameson Sotheby's International Realty
Buyer's Agent
Daniel Otto
Compass
List Price
$349,000
Sold Price
$339,000
Premium/Discount to List
-$10,000
-2.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$215,907
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$225,468
Purchase Details
Closed on
Jun 11, 2004
Sold by
2044 & 48 W Farwell Building Llc
Bought by
Mclaughlin Peter A and Mclaughlin Marita Torres
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roman Diane | -- | Attorney | |
| Treuthart Diane | $339,000 | Chicago Title | |
| Mclaughlin Peter A | $324,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Treuthart Diane | $244,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2020 10/19/20 | Sold | $339,000 | -2.9% | $158 / Sq Ft |
| 08/21/2020 08/21/20 | Pending | -- | -- | -- |
| 08/17/2020 08/17/20 | For Sale | $349,000 | -- | $162 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,265 | $38,549 | $4,218 | $34,331 |
| 2023 | $6,086 | $33,012 | $3,374 | $29,638 |
| 2022 | $6,086 | $33,012 | $3,374 | $29,638 |
| 2021 | $5,969 | $33,011 | $3,374 | $29,637 |
| 2020 | $4,601 | $26,239 | $3,186 | $23,053 |
| 2019 | $4,608 | $29,107 | $3,186 | $25,921 |
| 2018 | $4,528 | $29,107 | $3,186 | $25,921 |
| 2017 | $6,036 | $31,415 | $2,530 | $28,885 |
| 2016 | $5,792 | $31,415 | $2,530 | $28,885 |
| 2015 | $4,359 | $26,413 | $2,811 | $23,602 |
| 2014 | $3,496 | $21,410 | $2,530 | $18,880 |
| 2013 | $2,118 | $14,274 | $2,530 | $11,744 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Gendel
-
Alan May
Seller Co-Listing Agent in 2020
Alan May
Jameson Sotheby's International Realty
(847) 924-3313
1 in this area
82 Total Sales
-
Daniel Otto
Buyer's Agent in 2020
Daniel Otto
Compass
(773) 425-7080
3 in this area
120 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10822808
APN: 11-31-120-063-1004
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