NOT LISTED FOR SALE

3414 N Racine Ave Unit 1 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $444,000 - $572,000

2 Beds
2 Baths
-- Sq Ft
$369/mo HOA Fee

Last Sold December 01, 2021

Last sale price $450,000

Est. 14% increase in value since last sale

Current estimated payment $3,702/month

3 Days on Market

About This Home

As of December 2021

Prime Southport Corridor location. Beautiful 2-bedroom 2-bathroom unit with deeded outdoor parking. Recently repainted throughout. Repainted kitchen cabinets with new backsplash. All new kitchen appliances. Hardwood floors on main level, exposed brick. An En-suite main bedroom bathroom and En-suite 2nd bedroom bathroom. In-unit laundry. Perfect work at home environment with 2 living spaces. Large outdoor private deck (26x7) Shared greenspace. Great for dogs and children. Extra-large closets and generous storage space. Living and dining rooms wired for surround sound. Fabulous walking location to shops, restaurants and the Brown Line. Just steps from your door!

Last Agent to Sell the Property

Marilyn Knaus

@properties Christie's International Real Estate License #475171027 Listed on: 10/20/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Gary Leavenworth

Coldwell Banker Realty License #475133445

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,806

Year Built | Renovated

  • 1916 | 2007

Lot Details

  • 8,146

HOA Fees

  • $369 per month

Home Design

  • Brick Exterior Construction

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Community Details

Overview

  • 13 Units
  • Westward 360 Association, Phone Number (773) 572-0880
  • Property managed by Westward 360

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,806

Year Built | Renovated

1916 | 2007

Lot Details

0

HOA Fees

$369 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Condo-Duplex
  • Property Sub Type: Condo,Condo-Duplex
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2007
  • New Construction Y/N: No
  • Directions: Building is Southwest corner of Racine and Newport
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1916
  • Year Renovated: 2007

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Deck
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360
  • Management Contact Name: Westward 360
  • Management Phone: 773-572-0880
  • Association Fee: 369
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 13

Tax Info

  • Tax Annual Amount: 6748.04
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Jan 13, 2022
Sold by
Boeder Jeremy Nicholas and Kiernat Erin
Bought by
Russell Wayne A and Russell Katherine P
Seller's Agent
Marilyn Knaus
@properties Christie's International Real Estate
Buyer's Agent
Gary Leavenworth
Coldwell Banker Realty
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Current Estimated Value
$511,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,448
Avg. Annual Appreciation
3.33%
Original Mortgage
$250,000
Outstanding Balance
$230,346
Interest Rate
3.09%
Estimated Equity
$281,102

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 7, 2021
Sold by
Boeder Jeremy Nicholas and Kiernat Erin
Bought by
Russell Wayne A and Russell Katherine P
Seller's Agent
Marilyn Knaus
@properties Christie's International Real Estate
Buyer's Agent
Gary Leavenworth
Coldwell Banker Realty
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$230,346
Interest Rate
3.09%
Estimated Equity
$281,102

Purchase Details

Listed on
Jul 14, 2014
Closed on
Feb 11, 2015
Sold by
Farwig Andrew and Farwig Andela
Bought by
Boeder Jeremy Nicholas
Seller's Agent
Edward Jelinek
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$369,000
Sold Price
$341,500
Premium/Discount to List
-$27,500
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$273,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2007
Sold by
3414 N Racine Llc
Bought by
Farwig Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 2007
Sold by
3414 N Racine Llc
Bought by
Gabler April G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6%
Mortgage Type
Unknown
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
Russell Wayne A $450,000 --
Russell Wayne A $450,000 --
Boeder Jeremy Nicholas $341,500 First American Title
Farwig Andrew $414,000 Chicago Title Insurance Co
Gabler April G $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Wayne A $250,000
Closed Russell Wayne A $250,000
Previous Owner Boeder Jeremy Nicholas $273,200
Previous Owner Farwig Andrew $331,200
Previous Owner Gabler April G $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Sold $450,000 -2.0% --
10/24/2021 10/24/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $459,000 +34.4% --
02/11/2015 02/11/15 Sold $341,500 -2.1% -- View Prior Sale
01/12/2015 01/12/15 Pending -- -- --
09/25/2014 09/25/14 Price Changed $349,000 -5.4% --
07/14/2014 07/14/14 For Sale $369,000 -- --
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 $7,806 $43,116 $14,346 $28,770
2023 $7,610 $37,000 $11,570 $25,430
2022 $7,610 $37,000 $11,570 $25,430
2021 $6,770 $36,999 $11,569 $25,430
2020 $6,748 $33,394 $4,936 $28,458
2019 $6,620 $36,377 $4,936 $31,441
2018 $6,507 $36,377 $4,936 $31,441
2017 $6,422 $33,206 $4,319 $28,887
2016 $6,151 $33,206 $4,319 $28,887
2015 $5,604 $33,206 $4,319 $28,887
2014 $5,221 $30,710 $3,528 $27,182
2013 $5,107 $30,710 $3,528 $27,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11245269

Midwest Real Estate Data (MRED)

APN: 14-20-315-038-1001