NOT LISTED FOR SALE

3241 W Palmer St Unit 2W Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $513,000 - $576,000

3 Beds
2 Baths
1,500 Sq Ft
$162/mo HOA Fee

Last Sold August 06, 2020

Last sale price $415,000 $277 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,731/month

6 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Laundry Room
  • Stainless Steel Appliances
  • Living Room
  • 3-minute walk to Maple Park

About This Home

As of August 2020

Right in the heart of all that Logan Sq has to offer, this 3 bed/2 bath sunny corner unit has an open floor plan with a big kitchen island, separate dining area, SS appliances, hardwood floors, large living room with fireplace and awesome private deck, perfect for entertaining! The master suite has a walk-in closet, dual vanity, and a large walk-in shower. 2 more large bedrooms with beautiful west-facing windows and great closet space. in-unit Side by side washer/dryer and to top it off parking included! Quiet block but steps away from the blue line, Palmer Sq, 606 train, shopping, restaurants and nightlife.

Last Agent to Sell the Property

Michael Maggio

@properties Christie's International Real Estate License #475197494 Listed on: 06/23/2020

@properties Christie's International Real Estate

Last Buyer's Agent

George Morgan

Compass License #475129411

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,432

Year Built

  • Built in 2010

Lot Details

  • 7,492

HOA Fees

  • $162 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

  • Darwin Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger
  • 7 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,432

Year Built

Built in 2010

Lot Details

0

HOA Fees

$162 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: 2010
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Rebuilt Year: 2010
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1500
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 420000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 162
  • Association Fee Frequency: Monthly
  • Management Company: Self Managed
  • Management Contact Name: n/a
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger

Schools

  • Elementary School: Darwin Elementary School
  • Middle/Junior School: Darwin Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6432.38
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 6, 2020
Sold by
Falkof Adam J and Falkof Emily L
Bought by
Dafoe Elizabeth Anne and Chia Edward
Seller's Agent
Michael Maggio
@properties Christie's International Real Estate
Buyer's Agent
George Morgan
Compass
List Price
$420,000
Sold Price
$415,000
Premium/Discount to List
-$5,000
-1.19%
Current Estimated Value
$549,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,436
Avg. Annual Appreciation
5.52%
Original Mortgage
$352,750
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2015
Closed on
Dec 14, 2015
Sold by
Southwell Eric Steven and Southwell Nikki Yuen
Bought by
Adam Ironside Emily and Adam Falfok
Seller's Agent
Mark Jak
@properties Christie's International Real Estate
Buyer's Agent
Vikas Wadhwa
Urban Living Properties, LLC
List Price
$359,000
Sold Price
$360,000
Premium/Discount to List
$1,000
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$324,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2015
Sold by
Yuen Nikki
Bought by
Southwell Eric Steven and Southwell Nikki Yuen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2011
Sold by
Yuen Nikki
Bought by
Liberty 3241 Palmer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
Liberty 3241 Palmer Llc
Bought by
Yuen Nikkin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2011
Sold by
Liberty 3241 Palmer Llc
Bought by
Yuen Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
4.58%
Mortgage Type
New Conventional
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
Dafoe Elizabeth Anne $415,000 Attorney
Adam Ironside Emily $360,000 Baird & Warner Title Svcs In
Southwell Eric Steven -- Fidelity National Title
Liberty 3241 Palmer Llc -- None Available
Yuen Nikkin -- None Available
Yuen Nikki -- None Available
Yuen Nikki $268,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dafoe Elizabeth Anne $352,750
Previous Owner Adam Ironside Emily $324,000
Previous Owner Southwell Eric Steven $204,000
Previous Owner Yuen Nikki $214,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2020 08/06/20 Sold $415,000 -1.2% $277 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $420,000 +16.7% $280 / Sq Ft
12/18/2015 12/18/15 Sold $360,000 +0.3% $240 / Sq Ft View Prior Sale
10/25/2015 10/25/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $359,000 -- $239 / 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 $8,258 $41,670 $3,501 $38,169
2023 $8,049 $39,000 $2,838 $36,162
2022 $8,049 $39,000 $2,838 $36,162
2021 $7,868 $38,999 $2,838 $36,161
2020 $6,474 $32,061 $1,371 $30,690
2019 $6,567 $35,999 $1,371 $34,628
2018 $6,432 $35,999 $1,371 $34,628
2017 $5,508 $28,963 $1,229 $27,734
2016 $5,301 $28,963 $1,229 $27,734
2015 $4,827 $28,963 $1,229 $27,734
2014 $4,453 $26,569 $1,135 $25,434
2013 $4,354 $26,569 $1,135 $25,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10756817

Midwest Real Estate Data (MRED)

APN: 13-35-226-036-1005