NOT LISTED FOR SALE

247 W Scott St Unit 408 Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $426,000 - $561,000

2 Beds
2 Baths
1,250 Sq Ft
$447/mo HOA Fee

Last Sold March 08, 2023

Last sale price $421,000 $337 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,621/month

10 Days on Market

Highlights

  • 1 Car Attached Garage
  • Entrance Foyer
  • Combination Dining and Living Room
  • Lincoln Park High School Rated A
  • Forced Air Heating and Cooling System
  • 4-minute walk to Seward Park

About This Home

As of March 2023

Welcome home to Old Town. Quietly nestled at the end of a cul-de-sac, this bright and airy top floor corner unit will make you completely fine with staying in and getting cozy by the fire. Feel like getting out? No problem, you're steps away from restaurants, bars, gyms, Second City, North Avenue Beach, public transportation, and everything else one of Chicago's most vibrant neighborhoods has to offer. Composite Deck perfect for grilling, hardwood floors throughout, second bedroom can serve as your sunny office or easily situate a queen size bed. Located within a well maintained, elevator building. Deeded garage parking included in price.

Last Agent to Sell the Property

Keith Kimble

Compass License #475186752 Listed on: 01/05/2023

Compass

Last Buyer's Agent

Ali Bakir

MorphEasy Realty License #471020523

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,869

Year Built

  • Built in 2002

Lot Details

  • 0.55

HOA Fees

  • $447 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • 4-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance
  • 30 Units
  • Abby Reynolds Association, Phone Number (312) 829-8900
  • Property managed by 1st Community Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,869

Year Built

Built in 2002

Lot Details

0

HOA Fees

$447 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2002
  • 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): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 1250
  • Room Type: Foyer
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 419000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 447
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: 1st Community Management
  • Management Contact Name: Abby Reynolds
  • Management Phone: 312-829-8900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance

Schools

  • 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: 7869
  • Tax Year: 2020

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 20, 2023
Sold by
Peterson Dirk
Bought by
Hussey Megan
Seller's Agent
Keith Kimble
Compass
Buyer's Agent
Ali Bakir
MorphEasy Realty
List Price
$419,000
Sold Price
$421,000
Premium/Discount to List
$2,000
0.48%
Views
8
Current Estimated Value
$483,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,396
Avg. Annual Appreciation
4.51%
Original Mortgage
$336,800
Outstanding Balance
$328,203
Interest Rate
7.26%
Mortgage Type
New Conventional
Estimated Equity
$142,327

Purchase Details

Closed on
Aug 2, 2013
Sold by
Graff Mary Elizabeth and Peterson Mary Beth
Bought by
Peterson Dirk

Purchase Details

Closed on
Oct 2, 2006
Sold by
Mahler Tim
Bought by
Peterson Dirk and Peterson Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,200
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2001
Sold by
Melk Development/Mcl Scott Sedgwick Lp
Bought by
Mahler Tim
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hussey Megan $421,000 Chicago Title
Peterson Dirk -- None Available
Peterson Dirk $394,500 Cti
Mahler Tim $323,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussey Megan $336,800
Previous Owner Peterson Dirk $247,500
Previous Owner Peterson Dirk $271,425
Previous Owner Peterson Dirk $276,000
Previous Owner Peterson Dirk $277,250
Previous Owner Peterson Dirk $284,000
Previous Owner Peterson Dirk $315,200
Previous Owner Mahler Tim J $270,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $421,000 +0.5% $337 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $419,000 -- $335 / 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 $7,186 $40,145 $13,339 $26,806
2023 $6,967 $40,028 $3,750 $36,278
2022 $6,967 $40,028 $3,750 $36,278
2021 $6,844 $40,027 $3,750 $36,277
2020 $7,869 $38,426 $9,035 $29,391
2019 $7,724 $41,873 $9,035 $32,838
2018 $7,593 $41,873 $9,035 $32,838
2017 $6,743 $34,699 $7,314 $27,385
2016 $6,950 $34,699 $7,314 $27,385
2015 $6,358 $34,699 $7,314 $27,385
2014 $5,903 $31,814 $5,421 $26,393
2013 $5,786 $31,814 $5,421 $26,393
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11695577

Midwest Real Estate Data (MRED)

APN: 17-04-220-059-1028