2861 W Palmer St Unit 3 Chicago, IL 60647
Logan Square NeighborhoodEstimated Value: $464,000 - $607,000
3
Beds
2
Baths
1,400
Sq Ft
$330/mo
HOA Fee
Highlights
- Landscaped Professionally
- 3-minute walk to California Station (Blue Line - O'hare Branch)
- Formal Dining Room
- Wood Flooring
- Granite Countertops
- Fenced Yard
About This Home
As of March 2021Great opportunity to live on a lovely tree lined street in a wonderful vintage boutique condo building in the trendy and vibrant Logan Square Neighborhood. This extremely well cared for top floor unit has north, west and south exposures providing an abundance of natural light, and with windows open, a refreshing cross breeze in the warmer months. The generous floorplan with thoughtful layout provides plenty of separation for homeowners - ideal for working and schooling from home. In addition to beautiful hardwood floors and an abundance of closets, the three large bedrooms/two bathrooms can easily accommodate a family with plenty of creative options for the future, such as converting the sunny back bedroom into a splendid family room, office/study or additional eating area off the kitchen. Complete with in-unit laundry, security system, garbage disposal, GFA heating system and central A/C, the unit features numerous upgrades, including all new stainless steel kitchen appliances (refrigerator, DW, gas range, microwave), new 50gl hot water heater, new bathroom vanity, basin, marble countertop and new window treatment throughout. The large south-facing rear porch is awash in sunlight and is a perfect spot for relaxing, grilling, etc. - plenty of space for outdoor furniture and herb garden. Assigned parking space directly behind building - easy exterior access. Bike storage in basement. Just a short walk to Palmer Square, St. Sylvesters, the Blue Line Station, award winning restaurants, breweries, retail shopping on Milwaukee, parks, 606 Trail and so much more that this amazing location has to offer. This is a fantastic home, move in ready, simply awaiting your personal touches.
Last Agent to Sell the Property
Val Realty & Mgmt Co, Inc License #475136950 Listed on: 02/10/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,637
Year Built
- Built in 1896 | Remodeled in 2002
Lot Details
- Fenced Yard
- Landscaped Professionally
HOA Fees
- $330 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Tar and Gravel Roof
Interior Spaces
- 1,400 Sq Ft Home
- 3-Story Property
- Blinds
- Entrance Foyer
- Living Room
- Formal Dining Room
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in unit
Kitchen
- Range
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Home Security
- Home Security System
- Intercom
Parking
- 1 Parking Space
- Alley Access
- Uncovered Parking
- Parking Lot
- Off Alley Parking
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 8 Units
- Low-Rise Condominium
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Storm Screens
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2021
Closed on
Mar 8, 2021
Sold by
Twiss Andrew D and Twiss Megham A
Bought by
Spungen Charles and Spungen Charles Revocable
Seller's Agent
Matthew Crowley
Val Realty & Mgmt Co, Inc
Buyer's Agent
Itai Hasak
Compass
List Price
$447,000
Sold Price
$447,000
Total Days on Market
3
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
$86,187
Avg. Annual Appreciation
2.46%
Purchase Details
Closed on
Aug 15, 2005
Sold by
Rempfer Matthew G and Rempfer Elissa K
Bought by
Twiss Andrew D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 20, 2002
Sold by
W Palmer Llc
Bought by
Rempfer Matthew G and Rempfer Elissa K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,900
Interest Rate
7%
Mortgage Type
Balloon
Similar Homes in Chicago, IL
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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 |
|---|---|---|---|
| Spungen Charles | $447,000 | Chicago Title | |
| Twiss Andrew D | $315,000 | Chicago Title Insurance Comp | |
| Rempfer Matthew G | $245,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Twiss Andrew D | $185,500 | |
| Previous Owner | Twiss Andrew D | $185,500 | |
| Previous Owner | Twiss Andrew | $202,822 | |
| Previous Owner | Twiss Andrew D | $215,000 | |
| Previous Owner | Rempfer Matthew G | $195,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2021 03/08/21 | Sold | $447,000 | 0.0% | $319 / Sq Ft |
| 02/13/2021 02/13/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $447,000 | -- | $319 / 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 | $7,207 | $37,960 | $5,967 | $31,993 |
| 2023 | $7,207 | $34,922 | $2,717 | $32,205 |
| 2022 | $7,207 | $34,922 | $2,717 | $32,205 |
| 2021 | $6,374 | $34,922 | $2,717 | $32,205 |
| 2020 | $4,648 | $23,893 | $2,717 | $21,176 |
| 2019 | $4,637 | $26,424 | $2,717 | $23,707 |
| 2018 | $4,541 | $26,424 | $2,717 | $23,707 |
| 2017 | $5,691 | $29,813 | $2,397 | $27,416 |
| 2016 | $5,471 | $29,813 | $2,397 | $27,416 |
| 2015 | $4,982 | $29,813 | $2,397 | $27,416 |
| 2014 | $4,524 | $26,950 | $2,157 | $24,793 |
| 2013 | $4,423 | $26,950 | $2,157 | $24,793 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Crowley
M
Seller's Agent in 2021
Matthew Crowley
Val Realty & Mgmt Co, Inc
(773) 551-0410
1 in this area
3 Total Sales
-
Itai Hasak
Buyer's Agent in 2021
Itai Hasak
Compass
(847) 910-3789
4 in this area
36 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10992292
APN: 13-36-111-022-1008
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