NOT LISTED FOR SALE

2221 W Arthur Ave Unit 2 Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $151,000 - $180,000

1 Bed
1 Bath
1,000 Sq Ft
$325/mo HOA Fee

Last Sold May 29, 2015

Last sale price $61,000 $61 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,285/month

390 Days on Market

Highlights

  • Formal Dining Room
  • Ceiling Fan
  • Cats Allowed
  • Soaking Tub

About This Home

As of May 2015

Must be owner occupied. No dogs allowed in building. Lock Box is located on back fence behind building.

Last Agent to Sell the Property

Mary Reiner

Blue Mansion Realtors License #471014797 Listed on: 04/08/2014

Last Buyer's Agent

Stephanie Sullivan

Baird & Warner License #471009874

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 1930

Lot Details

  • 8,320

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Utilities

  • No Cooling
  • Radiant Heating System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance
  • 16 Units
  • Mary Reiner Association, Phone Number (847) 691-1440
  • Low-Rise Condominium
  • Property managed by Blue Mansion Realtors

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,106

Year Built

Built in 1930

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories),Vintage
  • Year Built: 1930
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • LivingArea: 1000
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Basement Description: Unfinished,Other
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room

Exterior Features

  • List Price: 59900
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Driveway: Other
  • Parking: None

Utilities

  • Sewer: Public Sewer, Other
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Radiant
  • Water Source: Public, Other

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 325
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Management Company: Blue Mansion Realtors
  • Management Contact Name: Mary Reiner
  • Management Phone: 847-691-1440
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Other

Schools

  • Middle/Junior School District: 299

Green Features

  • Green Building Verification Type: Other

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1106.17
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
Jun 2, 2015
Sold by
Restoration America Inc
Bought by
Borcuta Rebecca
Seller's Agent
Mary Reiner
Blue Mansion Realtors
Buyer's Agent
Stephanie Sullivan
Baird & Warner
List Price
$59,900
Sold Price
$61,000
Premium/Discount to List
$1,100
1.84%
Current Estimated Value
$161,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,422
Avg. Annual Appreciation
9.79%

Purchase Details

Listed on
Aug 4, 2013
Closed on
Nov 15, 2013
Sold by
Bank Of America Na
Bought by
Restoration America Inc
Seller's Agent
Linda Sanchez
Green Chicago Real Estate, LLC
Buyer's Agent
Linda Sanchez
Green Chicago Real Estate, LLC
List Price
$55,500
Sold Price
$48,100
Premium/Discount to List
-$7,400
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.94%

Purchase Details

Closed on
Jul 3, 2013
Sold by
Bernard Sarah
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Apr 16, 2003
Sold by
Escobar Victor D
Bought by
Bernard Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
9.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2000
Sold by
Boruta Carol L
Bought by
Escobar Victor D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,250
Interest Rate
8.14%
Source: Public Records

Range of Values:

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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
Borcuta Rebecca $61,000 Cti
Restoration America Inc -- None Available
Bank Of America Na $48,500 None Available
The Bank Of New York Mellon -- None Available
Bernard Sarah $115,000 Mt
Bernard Sarah $115,000 Mt
Escobar Victor D $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernard Sarah $103,500
Previous Owner Escobar Victor D $69,250
Closed Bernard Sarah $5,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2015 05/29/15 Sold $61,000 +1.8% $61 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
11/13/2014 11/13/14 For Sale $59,900 0.0% $60 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
08/28/2014 08/28/14 Price Changed $59,900 -7.7% $60 / Sq Ft
07/06/2014 07/06/14 Price Changed $64,900 0.0% $65 / Sq Ft
07/06/2014 07/06/14 For Sale $64,900 -7.2% $65 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $69,900 +45.3% $70 / Sq Ft
01/14/2014 01/14/14 Sold $48,100 -6.8% $48 / Sq Ft View Prior Sale
10/10/2013 10/10/13 Pending -- -- --
08/26/2013 08/26/13 Price Changed $51,600 -7.0% $52 / Sq Ft
08/04/2013 08/04/13 For Sale $55,500 -- $56 / 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 $1,371 $12,238 $1,279 $10,959
2023 $1,337 $6,500 $1,023 $5,477
2022 $1,337 $6,500 $1,023 $5,477
2021 $1,307 $6,499 $1,022 $5,477
2020 $869 $3,903 $965 $2,938
2019 $870 $4,329 $965 $3,364
2018 $855 $4,329 $965 $3,364
2017 $1,046 $4,857 $852 $4,005
2016 $973 $4,857 $852 $4,005
2015 $890 $4,857 $852 $4,005
2014 $1,128 $6,082 $767 $5,315
2013 $1,106 $6,082 $767 $5,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08579032

Midwest Real Estate Data (MRED)

APN: 11-31-315-041-1014