NOT LISTED FOR SALE

3512 W Leland Ave Unit 1 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $273,000 - $341,000

2 Beds
2 Baths
1,500 Sq Ft
$275/mo HOA Fee

Last Sold August 01, 2014

Last sale price $120,000 $80 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,028/month

144 Days on Market

Highlights

  • Deck
  • End Unit
  • Property is near a bus stop
  • Wood Flooring
  • Breakfast Bar
  • 1-minute walk to Drake Gardens

About This Home

As of August 2014

Spacious and conveniently located unit just 2 blocks to the Brown Line. Over 1500 sq ft of space in this duplex. Great master bedroom with bath in lower level! Hardwood floors, w/d in unit, central air, deck and storage. Extra area (15x12) could be an exercise room or office space. Well managed building with only 1 rental. No rental cap currently in place. Short sale, subject to bank approval.

Last Agent to Sell the Property

Megan Oswald

Coldwell Banker Realty License #471010557 Listed on: 10/24/2013

Coldwell Banker Realty

Last Buyer's Agent

Loyda Paredes

ProCasa Realty, Ltd. License #471006928

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,483

Year Built

  • 1925

Lot Details

  • End Unit
  • Southern Exposure

HOA Fees

  • $275 per month

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Breakfast Bar
  • Wood Flooring
  • Deck
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,483

Year Built

1925

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Unit Floor Level: 1
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Condo-Duplex
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 19X17, On Level: Lower, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1500
  • Dining Room Type: L-shaped

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Deck, End Unit
  • Exposure: S (South)

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 275
  • Management Phone: 999-999-9999

Fee Information

  • Management Company: Chicago Property Services

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 13142010331011

Multi Family

  • Total Number Unitsin Building: 13
  • Number Stories: 2

Tax Info

  • Taxes: 2615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2013
Closed on
Jul 24, 2014
Sold by
Landaverde Oscar and Lopez Yasshira
Bought by
Stone John H and Stone Suzanne Q
Seller's Agent
Megan Oswald
Coldwell Banker Realty
Buyer's Agent
Loyda Paredes
ProCasa Realty, Ltd.
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Current Estimated Value
$311,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,142
Avg. Annual Appreciation
8.84%
Original Mortgage
$114,000
Outstanding Balance
$85,110
Interest Rate
3.64%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$226,032

Purchase Details

Closed on
Jul 31, 2007
Sold by
Landaverde Oscar
Bought by
Landaverde Oscar and Lopez Yasshira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,750
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Otscheretiany Adam and Otscheretiany Rebekah
Bought by
Landaverde Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.47%
Mortgage Type
Unknown

Purchase Details

Closed on
May 27, 2003
Sold by
Steinbeigle Edward J
Bought by
Otscheretiany Adam and Otscheretiany Rebekah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,625
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2000
Sold by
Albany Bank & Trust Company Na
Bought by
Steinbeigle Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,900
Interest Rate
7.84%
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
Stone John H $120,000 Chicago Title Insurance Co
Landaverde Oscar -- Lawyers Title Direct Retail
Landaverde Oscar $260,000 Multiple
Landaverde Oscar $260,000 Multiple
Otscheretiany Adam $227,500 Stewart Title Of Illinois
Otscheretiany Adam $227,500 Stewart Title Of Illinois
Steinbeigle Edward J $134,000 Mercury Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone John H $114,000
Previous Owner Landaverde Oscar $266,750
Previous Owner Landaverde Oscar $208,000
Previous Owner Otscheretiany Adam $170,625
Previous Owner Steinbeigle Edward J $128,900
Closed Otscheretiany Adam $56,875
Closed Landaverde Oscar $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2014 08/01/14 Sold $120,000 -14.3% $80 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $140,000 0.0% $93 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
10/24/2013 10/24/13 For Sale $140,000 -- $93 / 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 $1,483 $25,626 $2,585 $23,041
2023 $1,491 $22,142 $2,068 $20,074
2022 $1,491 $22,142 $2,068 $20,074
2021 $1,419 $22,140 $2,067 $20,073
2020 $1,465 $18,721 $1,070 $17,651
2019 $1,460 $20,980 $1,070 $19,910
2018 $1,438 $20,980 $1,070 $19,910
2017 $1,540 $13,956 $960 $12,996
2016 $1,944 $13,956 $960 $12,996
2015 $2,398 $17,535 $960 $16,575
2014 $2,146 $14,094 $886 $13,208
2013 $2,634 $17,057 $886 $16,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08474565

Midwest Real Estate Data (MRED)

APN: 13-14-201-033-1011