NOT LISTED FOR SALE

3047 N Racine Ave Unit 2 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $584,138 - $609,000

2 Beds
2 Baths
1,200 Sq Ft
$146/mo HOA Fee

Last Sold June 06, 2016

Last sale price $400,000 $333 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,207/month

39 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Balcony
  • Lincoln Park High School Rated A
  • Whirlpool Bathtub
  • 1 Car Detached Garage

About This Home

As of June 2016

Amazing Lakeview location. Close to Southport Corridor and all the restaurants on Sheffield. Easy walk to the "L". Hardwood floors throughout. Kitchen has granite counter tops and maple cabinets. Marble bathrooms. Master bath has Whirlpool tub. Washer/dryer in unit. Large deck. Place wired with Bose speaker system. Fireplace in living room. Lots of natural light. Freshly painted. Additional storage. Garage space included.

Last Agent to Sell the Property

Scott Berg

Berg Properties License #475110440 Listed on: 02/19/2016

Last Buyer's Agent

Joanne Nemerovski

Compass License #471006456

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,055

Year Built

  • Built in 1999

Lot Details

  • 3,006

HOA Fees

  • $146 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Schools

  • Agassiz Elementary School
  • Lincoln Park High School

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 3 Units
  • Association Phone (773) 575-1435
  • Low-Rise Condominium

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,055

Year Built

Built in 1999

Lot Details

0

HOA Fees

$146 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Year Built: 1999
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1200
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • List Price: 419900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 146
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 773-575-1435
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: AGASSIZ ELEMENTARY SCHOOL
  • High School: LINCOLN PARK HIGH SCHOOL
  • Middle/Junior School: AGASSIZ ELEMENTARY SCHOOL
  • 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: 6055
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
May 23, 2016
Sold by
King Thomas M and King Laura M
Bought by
Foster Lisa Courtney and Foster Tom
Seller's Agent
Scott Berg
Berg Properties
Buyer's Agent
Joanne Nemerovski
Compass
List Price
$419,900
Sold Price
$400,000
Premium/Discount to List
-$19,900
-4.74%
Current Estimated Value
$597,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,285
Avg. Annual Appreciation
3.98%
Original Mortgage
$400,000
Outstanding Balance
$320,623
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$251,775

Purchase Details

Closed on
Dec 21, 2004
Sold by
Landamerica Onestop Inc
Bought by
King Thomas M and King Laura M

Purchase Details

Closed on
Oct 12, 2004
Sold by
Sarah Mittag Rodney and Sarah Mittg
Bought by
Onestopinc Landamerica and Executive Relocation Corp

Purchase Details

Closed on
Jul 22, 2002
Sold by
Hamm Geoffrey M and Hamm Jennifer S
Bought by
Mittag Rodney and Fithen Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.5%

Purchase Details

Closed on
Oct 29, 1999
Sold by
Boyle Dominick and Boyle Joseph B
Bought by
Hamm Geoffrey M and Hamm Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,920
Interest Rate
7.37%
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
Foster Lisa Courtney $400,000 Chicago Title Company
King Thomas M $387,000 --
Onestopinc Landamerica $393,500 --
Mittag Rodney $375,000 --
Hamm Geoffrey M $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Lisa Courtney $400,000
Previous Owner Mittag Rodney $293,500
Previous Owner Mittag Rodney $300,000
Previous Owner Hamm Geoffrey M $238,000
Previous Owner Hamm Geoffrey M $238,000
Previous Owner Hamm Geoffrey M $239,920
Closed Mittag Rodney $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $400,000 -4.7% $333 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $419,900 -- $350 / 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 $9,494 $50,370 $15,369 $35,001
2023 $9,256 $45,000 $15,709 $29,291
2022 $9,256 $45,000 $15,709 $29,291
2021 $9,049 $44,999 $15,709 $29,290
2020 $8,980 $40,310 $6,006 $34,304
2019 $8,798 $43,791 $6,006 $37,785
2018 $8,650 $43,791 $6,006 $37,785
2017 $8,164 $37,924 $5,299 $32,625
2016 $7,596 $37,924 $5,299 $32,625
2015 $6,949 $37,924 $5,299 $32,625
2014 $6,054 $32,632 $4,350 $28,282
2013 $5,457 $32,632 $4,350 $28,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09143212

Midwest Real Estate Data (MRED)

APN: 14-29-207-052-1002