NOT LISTED FOR SALE

2863 W Leland Ave Unit 1 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $207,000 - $257,042

2 Beds
1 Bath
900 Sq Ft
$184/mo HOA Fee

Last Sold December 17, 2021

Last sale price $153,000 $170 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,795/month

127 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Francisco Station
  • Forced Air Heating and Cooling System
  • Waters Elementary School Rated A-
  • Resident Manager or Management On Site
  • 2-minute walk to Ravenswood Manor Park

About This Home

As of December 2021

High first floor unit w/ open layout in a quiet and convenient location. Easy street parking and walk distance to train, cafes, parks and more. Hardwood floor throughout. In-unit laundry. No exemptions on real estate tax. sale as-is.

Last Agent to Sell the Property

Hyun Joo Shin

iProperties License #475154596 Listed on: 07/05/2021

Last Buyer's Agent

Jena Radnay

@properties Christie's International Real Estate License #475141392

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,420

Year Built

  • Built in 1921

Lot Details

  • 8,756

HOA Fees

  • $184 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 16 Units
  • Mike Association, Phone Number (773) 878-3300
  • Property managed by Prairie Shore Property Management

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,420

Year Built

Built in 1921

Lot Details

0

HOA Fees

$184 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: 1921
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 165000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

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: 184
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Prairie Shore Property Management
  • Management Contact Name: Mike
  • Management Phone: 773-878-3300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 3420.48
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Ja Homes Inc
Bought by
Scrafford Elizabeth J
Current Estimated Value
$244,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Outstanding Balance
$206,484
Interest Rate
7.83%
Mortgage Type
New Conventional
Estimated Equity
$36,457

Purchase Details

Listed on
Jul 5, 2021
Closed on
Jan 12, 2022
Sold by
Yenperng Chatlux
Bought by
Ja Homes Inc
Seller's Agent
Hyun Joo Shin
iProperties
Buyer's Agent
Jena Radnay
@properties Christie's International Real Estate
Sold Price
$153,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%

Purchase Details

Listed on
Jul 5, 2021
Closed on
Nov 30, 2021
Sold by
Yenperng Chatlux
Bought by
Ja Homes Inc
Seller's Agent
Hyun Joo Shin
iProperties
Buyer's Agent
Jena Radnay
@properties Christie's International Real Estate
Sold Price
$153,000

Purchase Details

Listed on
Feb 8, 2016
Closed on
Aug 8, 2016
Sold by
Fannie Mae
Bought by
Yenperng Chatlux
Seller's Agent
Elizabeth Dudeck
Liz Dudeck & Assoc.
Buyer's Agent
Knight Chumsangsri
Century 21 S.G.R., Inc.
List Price
$179,900
Sold Price
$115,000
Premium/Discount to List
-$64,900
-36.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$92,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2014
Sold by
Betzen Adam J and Martikean Jennifer L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 29, 2005
Sold by
Albers Lisa
Bought by
Betzen Adam J and Martikean Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 27, 2003
Sold by
Salemi Teresa A and Salemi Michael G
Bought by
Albers Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 1998
Sold by
Ravenswood Manor Inc
Bought by
Salemi Michael G and Salemi Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,900
Interest Rate
7.18%
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
Scrafford Elizabeth J $232,500 Proper Title
Ja Homes Inc -- --
Ja Homes Inc -- --
Ja Homes Inc -- --
Yenperng Chatlux $115,000 Attorney
Federal National Mortgage Association -- None Available
Betzen Adam J $219,000 Multiple
Albers Lisa $175,500 --
Salemi Michael G $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scrafford Elizabeth J $209,250
Previous Owner Yenperng Chatlux $92,000
Previous Owner Betzen Adam J $175,200
Previous Owner Betzen Adam J $32,850
Previous Owner Albers Lisa $139,624
Previous Owner Albers Lisa $25,000
Previous Owner Albers Lisa $140,400
Previous Owner Salemi Michael G $83,900
Closed Albers Lisa $26,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $153,000 0.0% $170 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/05/2021 11/05/21 For Sale -- -- --
10/30/2021 10/30/21 Off Market $153,000 -- --
07/05/2021 07/05/21 For Sale $174,900 +52.1% $194 / Sq Ft
09/27/2016 09/27/16 Sold $115,000 0.0% --
08/01/2016 08/01/16 Pending -- -- --
07/20/2016 07/20/16 Off Market $115,000 -- --
07/13/2016 07/13/16 Price Changed $124,900 -10.7% --
06/13/2016 06/13/16 Price Changed $139,900 -6.7% --
05/13/2016 05/13/16 Price Changed $149,900 -6.3% --
04/11/2016 04/11/16 Price Changed $159,900 -5.9% --
03/10/2016 03/10/16 Price Changed $169,900 -5.6% --
02/08/2016 02/08/16 For Sale $179,900 -- --
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 $3,388 $18,587 $1,370 $17,217
2023 $3,302 $16,000 $926 $15,074
2022 $3,302 $16,000 $926 $15,074
2021 $3,228 $15,999 $926 $15,073
2020 $3,438 $15,381 $926 $14,455
2019 $3,420 $16,968 $926 $16,042
2018 $3,363 $16,968 $926 $16,042
2017 $3,188 $14,761 $810 $13,951
2016 $2,465 $14,761 $810 $13,951
2015 $2,232 $14,761 $810 $13,951
2014 $2,253 $14,666 $752 $13,914
2013 $2,197 $14,666 $752 $13,914
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11144648

Midwest Real Estate Data (MRED)

APN: 13-13-111-030-1007