NOT LISTED FOR SALE

401 W Webster Ave Unit 401 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $413,000 - $497,000

2 Beds
2 Baths
-- Sq Ft
$389/mo HOA Fee

Last Sold August 12, 2015

Last sale price $308,000

Est. 49% increase in value since last sale

Current estimated payment $3,417/month

71 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Baseboard Heating
  • Abraham Lincoln Elementary School Rated A-
  • Storage
  • 2-minute walk to Mid-North Park

About This Home

As of August 2015

Amazing location, great layout! Split 2 bedroom with large room sizes. Recently rehabbed kitchen and baths with GE Profile appliances, Grohe, Kohler, marble and granite counters. Huge living area with hardwood, brick wood-burning fireplace. Private balcony off living area. Elevator building, parking options nearby. Additional storage included. Steps to lake, restaurants and shops. Heat included in assessment.

Last Agent to Sell the Property

Janis Northon

@properties Christie's International Real Estate License #475152154 Listed on: 04/20/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Joanne Nemerovski

Compass License #471006456

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,279

Year Built

  • 1971

Lot Details

  • 0.32

HOA Fees

  • $389 per month

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Burning Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Home Security

Outdoor Features

  • Balcony

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,279

Year Built

1971

Lot Details

0

HOA Fees

$389 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 4
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1971
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1971

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 30X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 09X08, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Balcony, Dimensions: 8X5, On Level: 4th Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 14X10, On Level: Main Level, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 35
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 389
  • Management Contact Name: Genevieve Otto
  • Management Phone: 773-545-6160

Fee Information

  • Management Company: Hallmark & Johnson

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14331240501019

Multi Family

  • Total Number Unitsin Building: 36
  • Number Stories: 5

Tax Info

  • Taxes: 5186.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2015
Closed on
Aug 7, 2015
Sold by
Velayo Neal
Bought by
Hollander Jorge A
Seller's Agent
Janis Northon
@properties Christie's International Real Estate
Buyer's Agent
Joanne Nemerovski
Compass
List Price
$335,000
Sold Price
$308,000
Premium/Discount to List
-$27,000
-8.06%
Current Estimated Value
$459,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,668
Avg. Annual Appreciation
3.75%
Original Mortgage
$246,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
Sold by
Wong Jonathan and Wong Ruth
Bought by
Velayo Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,600
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2001
Sold by
Wong Ruth
Bought by
Wong Jonathan and Wong Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.87%

Purchase Details

Closed on
Nov 1, 2000
Sold by
Hau Edward M
Bought by
Wong Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.91%

Purchase Details

Closed on
Sep 30, 1998
Sold by
Kamenick Scott D and Kamenick Shannon F
Bought by
Hau Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.98%

Purchase Details

Closed on
Jul 27, 1995
Sold by
Richardson Nancy M and Knispel Nancy M
Bought by
Kamenick Scott D and Kamenick Shannon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,100
Interest Rate
7.25%
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
Hollander Jorge A -- Proper Title Llc
Velayo Neal $286,000 Multiple
Wong Jonathan -- Ticor Title
Wong Ruth $220,000 Chicago Title Insurance Co
Hau Edward M $165,000 --
Kamenick Scott D $136,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollander Tania $244,000
Closed Hollander Jorge A $246,400
Previous Owner Velayo Neal $263,423
Previous Owner Velayo Neal $228,600
Previous Owner Velayo Neal $28,575
Previous Owner Wong Jonathan $144,700
Previous Owner Wong Jonathan $440,000
Previous Owner Wong Jonathan $175,000
Previous Owner Wong Ruth $176,000
Previous Owner Hau Edward M $148,500
Previous Owner Kamenick Scott D $122,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2015 08/12/15 Sold $308,000 -6.1% --
06/30/2015 06/30/15 Pending -- -- --
05/28/2015 05/28/15 Price Changed $328,000 -2.1% --
04/20/2015 04/20/15 For Sale $335,000 -- --
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 $6,279 $34,599 $8,692 $25,907
2023 $6,100 $33,077 $7,010 $26,067
2022 $6,100 $33,077 $7,010 $26,067
2021 $5,982 $33,076 $7,009 $26,067
2020 $5,626 $28,357 $6,168 $22,189
2019 $5,499 $30,799 $6,168 $24,631
2018 $5,405 $30,799 $6,168 $24,631
2017 $5,517 $29,005 $5,046 $23,959
2016 $5,309 $29,005 $5,046 $23,959
2015 $5,315 $29,005 $5,046 $23,959
2014 $5,291 $28,519 $3,785 $24,734
2013 $5,187 $28,519 $3,785 $24,734
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08896757

Midwest Real Estate Data (MRED)

APN: 14-33-124-050-1019