NOT LISTED FOR SALE

3630 N Magnolia Ave Unit 1 Chicago, IL 60613

Lakeview Neighborhood

Estimated Value: $919,000 - $979,000

4 Beds
3 Baths
2,900 Sq Ft
$190/mo HOA Fee

Last Sold September 03, 2021

Last sale price $740,000 $255 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,449/month

12 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Whirlpool Bathtub
  • Blaine Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Gallagher Way

About This Home

As of September 2021

Beautiful and spacious 4 bed, 3 bath duplex-down in the heart of vibrant Southport Corridor and award-winning Blaine School District! This inviting home features an open living/dining room with fireplace and dramatic front windows, flooding the main level with sunlight. Modern and upgraded eat-in kitchen with newer stainless-steel appliances, quartz countertops and island with loads of cabinet and counter space. Desirable floor plan features 2 bedrooms on the main level, including a spacious primary suite with walk-in closet and ensuite spa-like bath with dual sink vanity, separate soaking tub, and steam shower. Spacious back deck, accessible from the bedroom or hallway. Second bedroom and additional full bath on the first floor. Head down to the convenient lower level with HUGE family room offering space for a couch, office space, play area. Wet bar with beverage cooler makes this the perfect place to relax or entertain. Separate laundry room can double as a mudroom or small exercise area. Two large bedrooms and another full bath on the lower level. Abundant storage throughout the home including multiple closets on the lower level and an additional storage space just outside the unit. One garage parking space included! Many recent updates including new furnace (2019), kitchen cabinets painted (2018), new water heater (2017) and faux hardwood flooring in lower level (2016). This stunning property lives and feels like a single-family home. Perfect location close to Southport Corridor, North Center, Lakeview, Trader Joe's, Brown Line, and Wrigley. Building is self-managed with low HOA dues. Welcome home!

Last Agent to Sell the Property

Leigh Marcus

@properties Christie's International Real Estate License #475125223 Listed on: 06/18/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Jay Koverman

Phoenix Realty & Investment License #471008306

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,035

Year Built

  • Built in 2003 | Remodeled in 2014

Lot Details

  • 3,703

HOA Fees

  • $190 Monthly HOA Fees

Parking

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

Home Design

  • Rubber Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Deck

Schools

  • Blaine Elementary School
  • Lake View High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Water Purifier

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger
  • 3 Units

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,035

Year Built

Built in 2003 | Remodeled in 2014

Lot Details

0

HOA Fees

$190 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Duplex
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2014
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Water Purifier
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 2
  • Interior Amenities: Bar-Wet, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 2900
  • Other Equipment: Humidifier, Security System, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Foyer, Storage, Walk In Closet, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen: Island
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 17X13
  • Bedroom 3 Flooring: Carpet
  • Laundry Flooring: Ceramic Tile
  • Family Room Flooring: Carpet
  • Bedroom 4 Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 775000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

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

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 190
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: XXX
  • Management Phone: 000-000-0000

Fee Information

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

Schools

  • Elementary School: Blaine Elementary School
  • High School: Lake View High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 12034.76
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Sep 1, 2021
Sold by
Korelitz Daniel and Korelitz Jaimie
Bought by
Funk James P and Funk Kimberly A
Seller's Agent
Leigh Marcus
@properties Christie's International Real Estate
Buyer's Agent
Jay Koverman
Phoenix Realty & Investment
List Price
$775,000
Sold Price
$740,000
Premium/Discount to List
-$35,000
-4.52%
Current Estimated Value
$948,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,184
Avg. Annual Appreciation
5.10%
Original Mortgage
$592,000
Outstanding Balance
$543,200
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$362,965

Purchase Details

Listed on
Mar 5, 2013
Closed on
Jun 24, 2013
Sold by
Michaelson Ronald C and Michaelson Sarah H
Bought by
Korelitz Daniel and Korelitz Jaimie
Seller's Agent
Angela Gianfrancesco
@properties Christie's International Real Estate
Buyer's Agent
robin saichek
Coldwell Banker Realty
List Price
$699,900
Sold Price
$680,000
Premium/Discount to List
-$19,900
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.04%
Original Mortgage
$544,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 24, 2006
Sold by
Greb Peter D and Greb Pamela
Bought by
Michaelson Ronald C and Michaelson Sarah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 2, 2004
Sold by
3630 North Magnolia Llc
Bought by
Greb Peter D and Greb Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Funk James P $740,000 Chicago Title
Korelitz Daniel $680,000 Fidelity National Title
Michaelson Ronald C $695,000 Multiple
Greb Peter D $630,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funk James P $592,000
Previous Owner Korelitz Daniel $544,000
Previous Owner Michaelson Ronald C $480,000
Previous Owner Greb Peter D $504,000
Closed Greb Peter D $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $740,000 -4.5% $255 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $775,000 +14.0% $267 / Sq Ft
06/27/2013 06/27/13 Sold $680,000 -2.8% $243 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $699,900 -- $250 / 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 $14,780 $74,138 $26,159 $47,979
2023 $14,408 $70,053 $21,096 $48,957
2022 $14,408 $70,053 $21,096 $48,957
2021 $13,417 $70,051 $21,095 $48,956
2020 $12,260 $58,137 $9,000 $49,137
2019 $12,035 $63,330 $9,000 $54,330
2018 $12,510 $63,330 $9,000 $54,330
2017 $14,638 $67,999 $7,875 $60,124
2016 $13,619 $67,999 $7,875 $60,124
2015 $12,461 $67,999 $7,875 $60,124
2014 $10,394 $56,020 $6,434 $49,586
2013 $9,710 $56,020 $6,434 $49,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11127754

Midwest Real Estate Data (MRED)

APN: 14-20-125-038-1001