NOT LISTED FOR SALE

Estimated Value: $715,000 - $853,000

3 Beds
2 Baths
-- Sq Ft
$468/mo HOA Fee

Last Sold August 14, 2023

Last sale price $765,000

Est. 4% increase in value since last sale

Current estimated payment $5,895/month

14 Days on Market

Highlights

  • Rooftop Deck
  • Open Floorplan
  • Wood Flooring
  • Lincoln Park High School Rated A
  • Lock-and-Leave Community
  • End Unit

About This Home

As of August 2023

Penthouse unit with PRIVATE rooftop in the heart of OLD TOWN! This impeccable 3 bed, 2 full bath unit will not disappoint even the most discerning of buyers. If you're looking for a top floor, ELEVATOR building in a prime location, look no further. Welcome to 225 Scott, a boutique, 12-unit building situated on a quiet street yet steps to anything you will want or need! As you walk into your foyer, you are instantly welcomed with an abundance of natural light. On this main level, you have your living room, kitchen and 2 secondary bedrooms, as well as a balcony where you can keep a grill, perfect location right off your kitchen! Speaking of the kitchen, this ALL WHITE, updated kitchen has everything you need from all SS appliances, granite counters, room for seating at the island and even a farmhouse sink! Your living room has a working fireplace to help keep cozy during those Chicago winters and has plenty of room for all your friends to come by! Right down the hall is your first full bath for guests (and yourself of course), as well as your 2 guest rooms. Both bedrooms are generous in size with built-out closets, so turn them into an office, a nursery, a guest room, a workout room, whatever your lifestyle needs! Also on this main floor is a LARGE walk-in pantry, your mechanical room (with space for extra storage) and your washer/dryer. Now we head upstairs, where you will find your massive primary bed! This room is everything and more and has more than enough space for a king size bed, nightstands, a dresser and even a Peloton if you wanted! You have a large walk-in closet that is professionally built out and an updated ensuite, with a dual vanity, porcelain tiles and a STEAM shower! As if all of this wasn't enough, head out to your massive, private, ROOFTOP deck! This is what Chicago is all about-hanging with friends and family enjoying city views! Up here you will find a water spigot for keeping your plants alive, an outdoor TV for hosting all the sporting events, freshly re-finished decking and of course tons of space for activities! This unit also comes with 1 garage spot and 1 large storage locker! There really is no better location in Old Town, with Starbucks on your corner, bars and restaurants all down Wells, brand new Dom's Market across the street, boutiques and workout studios, and of course easy access to the lake and the Red Line! DO NOT MISS OUT! This is your next home!

Last Agent to Sell the Property

Joshua Lipton

Compass License #475160957 Listed on: 06/22/2023

Compass

Co-Listed By

Heather Ditlevsen

Baird & Warner License #475189189

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,686

Year Built

  • Built in 1999 | Remodeled in 2016

Lot Details

  • End Unit

HOA Fees

  • $468 Monthly HOA Fees

Parking

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

Home Design

  • Half Duplex
  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Open Floorplan
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

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

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Manierre Elementary School
  • Lincoln Park High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Old Town Subdivision
  • Lock-and-Leave Community

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,686

Year Built

Built in 1999 | Remodeled in 2016

Lot Details

0

HOA Fees

$468 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex,Condo,Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex,Condo,Condo-Duplex
  • Subdivision Name: Old Town
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Pantry
  • Room Type: Pantry, Walk In Closet, Balcony/Porch/Lanai, Deck
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, End Unit
  • List Price: 775000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 468
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Manierre Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Manierre Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • 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: 13685.59
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 10, 2023
Sold by
Jakubowitz Randi
Bought by
Wasserman Adam and Susko Abigail
Seller's Agent
Joshua Lipton
Compass
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$775,000
Sold Price
$765,000
Premium/Discount to List
-$10,000
-1.29%
Views
54
Current Estimated Value
$794,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,683
Avg. Annual Appreciation
1.79%
Original Mortgage
$650,250
Outstanding Balance
$635,922
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$158,761

Purchase Details

Closed on
Mar 3, 2017
Sold by
Ellis Jeffrey and Keeling Lacey K
Bought by
Jakubowitz Randi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,101
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2015
Closed on
Aug 14, 2015
Sold by
Forberg Mary K
Bought by
Ellis Jeffrey and Keeling Lacy K
Seller's Agent
Christopher Mundy
@properties Christie's International Real Estate
Buyer's Agent
Jennifer Mills
Jameson Sotheby's Intl Realty
List Price
$639,000
Sold Price
$640,000
Premium/Discount to List
$1,000
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$158,900
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 10, 2004
Sold by
Mckeown Therese M and Hernandez Therese M
Bought by
Forberg Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Wasserman Adam $765,000 Chicago Title
Jakubowitz Randi $734,000 Stewart Title
Ellis Jeffrey $640,000 Fidelity National Title
Forberg Mary K $450,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wasserman Adam $650,250
Previous Owner Jakubowitz Randi $424,101
Previous Owner Ellis Jeffrey $158,900
Previous Owner Forberg Mary K $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2023 08/14/23 Sold $765,000 -1.3% --
07/07/2023 07/07/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $775,000 +21.1% --
09/18/2015 09/18/15 Sold $640,000 +0.2% -- View Prior Sale
08/03/2015 08/03/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $639,000 -- --
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 $14,362 $68,200 $11,493 $56,707
2023 $13,980 $71,389 $9,269 $62,120
2022 $13,980 $71,389 $9,269 $62,120
2021 $13,686 $71,387 $9,268 $62,119
2020 $14,246 $67,052 $7,785 $59,267
2019 $13,986 $73,044 $7,785 $65,259
2018 $13,750 $73,044 $7,785 $65,259
2017 $9,714 $48,499 $6,302 $42,197
2016 $9,214 $48,499 $6,302 $42,197
2015 $8,407 $48,499 $6,302 $42,197
2014 $7,618 $43,627 $4,671 $38,956
2013 $7,456 $43,627 $4,671 $38,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11814720

Midwest Real Estate Data (MRED)

APN: 17-04-220-053-1009