NOT LISTED FOR SALE

2923 W Summerdale Ave Unit 1 Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $227,939 - $280,000

2 Beds
1 Bath
1,030 Sq Ft
$259/mo HOA Fee

Last Sold December 09, 2019

Last sale price $165,000 $160 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,799/month

69 Days on Market

Highlights

  • Wood Flooring
  • Soaking Tub
  • Storage
  • Galley Kitchen
  • Brick Porch or Patio
  • Outdoor Grill

About This Home

As of December 2019

Charming 2 bedroom, one bathroom condo in Lincoln Square/Budlong Woods! Only 7 steps up into this high, first floor beauty featuring an abundance of natural light, hardwood floors, plentiful closet/storage space throughout, separate dining room off kitchen, in unit washer/dryer, and central heat/AC. Additional storage closet and bike room conveniently located downstairs. Well managed building provides composting and recycling and a common area patio perfect for grilling! Great location and a 15 min drive to 90/94 or Lake Shore drive, close to Swedish Covenant, North Park University, Lincoln Square, Galter Life Center, bike paths, trails and parks.

Last Agent to Sell the Property

Nick Nastos

Fulton Grace Realty License #475143054 Listed on: 08/20/2019

Fulton Grace Realty

Co-Listed By

Ioannis Papasotiriou

Fulton Grace Realty License #475183149

Last Buyer's Agent

Maggie Antillon

Realty of America, LLC License #471016346

Realty of America, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,165

Year Built | Renovated

  • 1950 | 2012

Lot Details

  • East or West Exposure

HOA Fees

  • $259 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,165

Year Built | Renovated

1950 | 2012

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2012
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1950
  • Year Renovated: 2012

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Washer, Dryer, Disposal
  • Equipment: Humidifier, Intercom, CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 08X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 10X09, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 11X09, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 1030
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Brick Paver Patio, Outdoor Grill
  • Exposure: E (East), W (West)

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Storage, Security Door Locks
  • Assessment Includes: Water, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 259
  • Management Contact Name: Patrick Kane
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Kane Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 13121150491005

Multi Family

  • Total Number Unitsin Building: 21
  • Number Stories: 3

Tax Info

  • Taxes: 3060.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Dec 6, 2019
Sold by
Knight Patrica
Bought by
Raguay Jose and Raguay Ilia C
Seller's Agent
Nick Nastos
Fulton Grace Realty
Buyer's Agent
Maggie Antillon
Realty of America, LLC
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%
Current Estimated Value
$243,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,235
Avg. Annual Appreciation
6.82%
Original Mortgage
$132,000
Outstanding Balance
$114,964
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$128,271

Purchase Details

Listed on
Jan 17, 2013
Closed on
May 24, 2013
Sold by
Pfundstein Melissa and Bonales Ruben
Bought by
Knight Patricia
Seller's Agent
Connie Engel
@properties Christie's International Real Estate
Buyer's Agent
Elizabeth Vadas
@properties Christie's International Real Estate
List Price
$145,000
Sold Price
$130,000
Premium/Discount to List
-$15,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$127,645
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2007
Sold by
Pfundstein James
Bought by
Pfundstein Melissa

Purchase Details

Closed on
Jan 24, 2003
Sold by
Summerdale Court Llc
Bought by
Pfundstein James and Pfundstein Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
5%
Source: Public Records

Range of Values:

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Average Value
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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
Raguay Jose $165,000 Chicago Title
Knight Patricia $130,000 None Available
Pfundstein Melissa -- None Available
Pfundstein James $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raguay Jose $132,000
Previous Owner Knight Patricia $127,645
Previous Owner Pfundstein James $145,500
Closed Pfundstein James $18,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2019 12/09/19 Sold $165,000 -5.7% $160 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
09/21/2019 09/21/19 Price Changed $175,000 -2.8% $170 / Sq Ft
08/20/2019 08/20/19 For Sale $180,000 +38.5% $175 / Sq Ft
05/24/2013 05/24/13 Sold $130,000 -10.3% $130 / Sq Ft View Prior Sale
02/21/2013 02/21/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $145,000 -- $145 / 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 $3,165 $19,370 $3,007 $16,363
2023 $3,085 $15,000 $2,436 $12,564
2022 $3,085 $15,000 $2,436 $12,564
2021 $3,016 $14,999 $2,436 $12,563
2020 $3,101 $13,921 $1,446 $12,475
2019 $3,113 $15,493 $1,446 $14,047
2018 $3,060 $15,493 $1,446 $14,047
2017 $2,976 $13,826 $1,294 $12,532
2016 $2,769 $13,826 $1,294 $12,532
2015 $2,534 $13,826 $1,294 $12,532
2014 $2,394 $12,905 $1,141 $11,764
2013 $1,869 $12,905 $1,141 $11,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10491635

Midwest Real Estate Data (MRED)

APN: 13-12-115-049-1005