NOT LISTED FOR SALE

4055 N Central Park Ave Unit 3 Chicago, IL 60618

Irving Park Neighborhood

Estimated Value: $277,731 - $326,000

2 Beds
2 Baths
1,042 Sq Ft
$241/mo HOA Fee

Last Sold June 21, 2022

Last sale price $237,500 $228 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,151/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • End Unit
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Corner Lot

About This Home

As of June 2022

Don't Miss Out On This Beautifully Updated 2BR/2BA Condo Near The Heart Of Irving Park! Remodeled in 2006, You'll Be Blown Away By The Hardwood Floors Throughout, High Ceilings, Large Patio Space, And The Abundance of Natural Light! This Condo Also Boasts A Beautiful Kitchen With Granite Counters, Stainless Steel Appliances, 6 Burner Chef Stove, Breakfast Bar, Pantry, and More! You'll Love The Open Floor Plan and Spacious Master Bedroom! The Master Bathroom Includes Dual Sink Vanity, Granite Counters, Jacuzzi 6 Jet Tub, and More! Updated Appliances and Items Include: Water Heater (2017), 6 Burner Chef Stove (2017), GE Microwave (2022), Dishwasher (2017), Garbage Disposal (2017), New Windows (2017), Freshly Painted Throughout (2022)! Washer/Dryer In Unit and Storage Unit On First Floor. This Home Is Conveniently Located Near Excellent Schools, Public Transportation (Blue Line), Highways, Shopping, Library, Restaurants, and Much More! This Penthouse Condo Is Turnkey Ready! Come Check It out! (Some Pictures Used Were From Before The Current Tenant).

Last Agent to Sell the Property

Peter Lee

Real Broker LLC License #471019266 Listed on: 05/12/2022

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,282

Year Built

  • Built in 1971 | Remodeled in 2006

Lot Details

  • 6,098

HOA Fees

  • $241 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,042 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Murphy Elementary School
  • Roosevelt High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 13 Units
  • Deb Goldberg Association, Phone Number (773) 809-4384
  • Condo
  • Property managed by 5G Property Management

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,282

Year Built

Built in 1971 | Remodeled in 2006

Lot Details

0

HOA Fees

$241 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: 1971
  • Age: 51-60 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: 3
  • Rehab Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2006

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1042
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, End Unit
  • List Price: 249900
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 241
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: 5G Property Management
  • Management Contact Name: Deb Goldberg
  • Management Phone: 773-809-4384
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Murphy Elementary School
  • High School: Roosevelt High School
  • Middle/Junior School: Murphy Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3282
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 20, 2022
Sold by
Park Jennifer B and Park Byron
Bought by
Pierce Raechel
Seller's Agent
Peter Lee
Real Broker LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$275,000
Sold Price
$237,500
Premium/Discount to List
-$37,500
-13.64%
Current Estimated Value
$302,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,433
Avg. Annual Appreciation
7.51%
Original Mortgage
$230,375
Outstanding Balance
$218,441
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$84,492

Purchase Details

Closed on
May 9, 2017
Sold by
Dee Brian L and Dee Ellen
Bought by
Park Jennifer B and Park Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2006
Sold by
Butcher Lochert Llc
Bought by
Dee Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.38%
Mortgage Type
Fannie Mae Freddie Mac
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
Pierce Raechel $237,500 None Listed On Document
Park Jennifer B $212,000 Proper Title
Dee Brian L $251,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Raechel $230,375
Previous Owner Park Jennifer B $190,800
Previous Owner Dee Brian L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $237,500 -5.0% $228 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/18/2022 05/18/22 Price Changed $249,900 -9.1% $240 / Sq Ft
05/12/2022 05/12/22 For Sale $275,000 -- $264 / 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 $3,849 $22,241 $2,672 $19,569
2023 $3,046 $18,178 $2,155 $16,023
2022 $3,046 $18,178 $2,155 $16,023
2021 $3,667 $18,176 $2,154 $16,022
2020 $3,282 $14,683 $948 $13,735
2019 $3,296 $16,351 $948 $15,403
2018 $3,240 $16,351 $948 $15,403
2017 $2,211 $13,613 $861 $12,752
2016 $2,234 $13,613 $861 $12,752
2015 $2,021 $13,613 $861 $12,752
2014 $1,689 $11,638 $775 $10,863
2013 $1,644 $11,638 $775 $10,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11402077

Midwest Real Estate Data (MRED)

APN: 13-14-424-034-1009