NOT LISTED FOR SALE

2921 W Summerdale Ave Unit 1 Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $213,000 - $247,000

2 Beds
1 Bath
1,030 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $180,000 $175 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,719/month

About This Home

As of August 2019

Charming 2 bedroom condo on tree-lined street in Budlong Woods. High first floor with abundance of natural light, generous room sizes and plenty of storage space within the unit. Inviting living room features large picture window, entry way closet, stainless steel appliances including newer dishwasher, 42" cabinets in kitchen and separate dining area. Large bedrooms have corner windows with 2" blinds and walk-in closet in first bedroom. Hardwood floors throughout, central heat/air and newer washer/dryer in unit. Enjoy the relaxing common patio with grill and city garden. Well managed building also provides composting and recycling. Deeded parking space, basic cable, bike rack and storage locker all included. Quality conversion by Belgravia in one of Chicago's premier neighborhoods located near Swedish Covenant, North Park University, Galter Life Center, beautiful parks, bike path, tennis courts and more.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Aug 13, 2019
Sold by
Tan Monica E and Ribner Stephen A
Bought by
Chapman Charles J and Chapman Lesley Fisher
Seller's Agent
Janean Altergott
Coldwell Banker Realty
Buyer's Agent
Haley Levine
Compass
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Current Estimated Value
$230,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,768
Avg. Annual Appreciation
4.10%
Original Mortgage
$173,000
Outstanding Balance
$151,516
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$79,252

Purchase Details

Closed on
Jul 27, 2004
Sold by
Bosman Joel R and Bosman Julia K
Bought by
Tan Monica E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 2002
Sold by
Summerdale Court Llc
Bought by
Bosman Joel R and Bosman Julia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,350
Interest Rate
6.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chapman Charles J $180,000 Chicago Title
Tan Monica E $228,000 Pntn
Bosman Joel R $195,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Charles J $173,000
Previous Owner Tan Monica E $158,000
Previous Owner Bosman Joel R $156,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2019 08/21/19 Sold $180,000 -5.3% $175 / Sq Ft View Prior Sale
07/22/2019 07/22/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $190,000 -5.0% $184 / Sq Ft
04/26/2019 04/26/19 For Sale $200,000 0.0% $194 / Sq Ft
07/13/2017 07/13/17 Rented $1,425 0.0% --
06/02/2017 06/02/17 For Rent $1,425 -- --

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 $2,676 $20,740 $3,220 $17,520
2023 $2,587 $16,000 $2,608 $13,392
2022 $2,587 $16,000 $2,608 $13,392
2021 $3,217 $15,999 $2,608 $13,391
2020 $3,320 $14,905 $1,548 $13,357
2019 $2,644 $16,588 $1,548 $15,040
2018 $2,598 $16,588 $1,548 $15,040
2017 $2,460 $14,803 $1,385 $13,418
2016 $2,465 $14,803 $1,385 $13,418
2015 $2,232 $14,803 $1,385 $13,418
2014 $2,087 $13,818 $1,222 $12,596
2013 $2,035 $13,818 $1,222 $12,596
Source: Public Records

Agents Affiliated with this Home

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