NOT LISTED FOR SALE

2431 W Lunt Ave Unit 1B Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $183,000 - $226,000

2 Beds
1.5 Baths
1,200 Sq Ft
$413/mo HOA Fee

Last Sold July 09, 2021

Last sale price $145,000 $121 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,796/month

1 Day on Market

Highlights

  • Property is near a park
  • Tennis Courts
  • Intercom
  • Wood Flooring
  • Shades
  • 1-minute walk to Indian Boundary Park

About This Home

As of July 2021

Great space in this large high 1st floor 2 bedroom condo with 1.5 baths, hardwood floors, combined living room/dining room, 2 double-door mirrored closets in each bedroom, plus a linen closet, and entry closet in front hall. Kitchen is 10' x 13' with an eating space, white appliances include gas range & large refrigerator, exhaust fan; floor is ceramic tile. Each bedroom has a ceiling fan. Includes 2 window air conditioning units. Unit has 3 exposures. Most windows have curtains/drapes. 24-unit courtyard building facing directly across the street from the beautiful Indian Boundary Park. This park has tennis courts, a playground, pond, a field house; lots of history & community activities. Assessment includes heat, and taxes are low. There are 20 exterior parking spaces in the back, first come, first served; cars must bear a sticker. Coin-op laundry and storage unit in the basement. Dogs & cats allowed. Rentals allowed.

Last Agent to Sell the Property

Susan McKenna

Third Meridian Realty LLC License #471007827 Listed on: 05/27/2021

Last Buyer's Agent

James Roth

Touchstone Group LLC License #471006744

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 1979

Lot Details

  • 0.43

HOA Fees

  • $413 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Entrance Foyer
  • Open Floorplan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Intercom
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Mirrored Closets Doors

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Boone Elementary School
  • Mather High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Exterior Lighting
  • Property is near a park

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 24 Units
  • Management Association, Phone Number (312) 473-0202
  • Property managed by E & A Associates Property Management Group

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Tennis Courts
  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,735

Year Built

Built in 1979

Lot Details

0

HOA Fees

$413 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Some Window Treatmnt, Dining Combo
  • LivingArea: 1200
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Mirrored Closet Door(s)
  • Window Features: Curtains/Drapes,Shades

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 147000
  • Lot Features: Park Adjacent, Outdoor Lighting, Sidewalks, Streetlights
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 (Window/Wall Unit)
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 413
  • Association Amenities: Coin Laundry, Storage, Park, Tennis Court/s, Ceiling Fan, Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: E & A Associates Property Management Group
  • Management Contact Name: Management
  • Management Phone: 312-473-0202

Fee Information

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

Schools

  • Elementary School: Boone Elementary School
  • High School: Mather High School
  • Middle/Junior School District: 299

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 1735.11
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 8, 2021
Sold by
2431 Lunt 1B Llc
Bought by
Ladhani Farhad
Seller's Agent
Susan McKenna
Third Meridian Realty LLC
Buyer's Agent
James Roth
Touchstone Group LLC
List Price
$147,000
Sold Price
$145,000
Premium/Discount to List
-$2,000
-1.36%
Current Estimated Value
$205,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,950
Avg. Annual Appreciation
8.06%
Original Mortgage
$106,750
Outstanding Balance
$97,832
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$102,073

Purchase Details

Closed on
Mar 25, 2017
Sold by
Naeem Mohsin
Bought by
Illinois Llc

Purchase Details

Listed on
Jul 17, 2016
Closed on
Aug 5, 2016
Sold by
Ho Ngoc V and Ho Jennifer
Bought by
Naeem Mohsin
Seller's Agent
Shawna Roongsang
HomeSmart Connect LLC
Buyer's Agent
Atiq Rehman
Core Realty & Investments Inc.
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Jul 29, 2003
Sold by
Duong Ho Ngoc V and Duong Ho
Bought by
Ho Ngoc V and Lai Hao Hong

Purchase Details

Closed on
May 27, 2003
Sold by
Declar Bernard Debra and Declar Gertrude Leiferman Self
Bought by
Duong Ho Ngoc V and Duong Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.37%
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
Ladhani Farhad $145,000 First American Title
Illinois Llc -- None Available
Naeem Mohsin $120,000 Landtrust National Title
Ho Ngoc V -- --
Duong Ho Ngoc V $145,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ladhani Farhad $106,750
Previous Owner Duong Ho Ngoc V $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $145,000 -1.4% $121 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $147,000 +22.5% $123 / Sq Ft
08/05/2016 08/05/16 Sold $120,000 -7.7% $109 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/17/2016 07/17/16 For Sale $130,000 -- $118 / 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 $3,130 $15,653 $2,241 $13,412
2023 $3,051 $14,836 $1,792 $13,044
2022 $3,051 $14,836 $1,792 $13,044
2021 $2,983 $14,835 $1,792 $13,043
2020 $1,955 $8,774 $1,299 $7,475
2019 $1,946 $9,687 $1,299 $8,388
2018 $1,914 $9,687 $1,299 $8,388
2017 $1,646 $7,644 $1,165 $6,479
2016 $1,031 $7,644 $1,165 $6,479
2015 $920 $7,644 $1,165 $6,479
2014 $1,457 $10,420 $1,075 $9,345
2013 $1,417 $10,420 $1,075 $9,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11102015

Midwest Real Estate Data (MRED)

APN: 10-36-218-043-1002