NOT LISTED FOR SALE

4502 N Magnolia Ave Unit 1 Chicago, IL 60640

Sheridan Park Neighborhood

Estimated Value: $525,501 - $864,000

4 Beds
3 Baths
2,700 Sq Ft
$427/mo HOA Fee

Last Sold June 28, 2019

Last sale price $508,000 $188 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,766/month

57 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Corner Lot
  • Wood Flooring
  • Whirlpool Bathtub
  • 1-minute walk to Broncho Billy Playlot Park

About This Home

As of June 2019

Just around the corner from the beautifully restored Wilson CTA and the Uptown theater district, this stunning four bedroom, three bath Sheridan Park duplex down has been completely renovated by a boutique hotel and restaurant designer. Sunny living room with fireplace and access to a grand front porch for summer dining. Stunning European kitchen with re-claimed wood, marble and Boos butcher block counters, breakfast bar, high-end appliances and a dedicated dining area. Master suites on both the main and lower levels with custom tile and spa shower assemblies. Lower level has an expansive master suite and a huge family room with re-claimed wood, exposed, painted brick, custom flooring and a beautiful corner bar. Fantastic use of space, and too many unique details to mention. Only a short walk away from nightlife and restaurants, galore! Mechanicals new in 2015 with Nest thermostat system. Transferable rental parking.

Last Agent to Sell the Property

Lyle Harlow

EXIT Strategy Realty License #471008947 Listed on: 04/03/2019

EXIT Strategy Realty

Last Buyer's Agent

Katherine McClelland

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,385

Year Built | Renovated

  • 1911 | 2015

Lot Details

  • East or West Exposure
  • Fenced Yard

HOA Fees

  • $427 per month

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Wood Burning Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Bar Refrigerator
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Parking Available
  • Off Alley Driveway
  • Off-Street Parking
  • Off Alley Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Radiant Heating System

Additional Features

  • North or South Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,385

Year Built | Renovated

1911 | 2015

Lot Details

0

HOA Fees

$427 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2015
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 1911
  • Tax Exemptions: Homeowner
  • Type Attached: Condo-Duplex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1911
  • Year Renovated: 2015

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Washer, Dryer
  • Equipment: TV-Cable, CO Detectors
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 05X05, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X23, On Level: Lower, Flooring: Other
  • Bedroom 2: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X11, On Level: Lower, Flooring: Other
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 20X23, On Level: Lower, Flooring: Other

Exterior Features

  • Foundation: Stone
  • Exterior Building Type: Brick, Stone
  • Roof Type: Rubber
  • Exterior Property Features: Deck, Porch
  • Exposure: N (North), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley, Off Street
  • Number Parking Spaces: 1
  • Driveway: Off Alley
  • Parking Fee Lease: 100
  • Parking Ownership: Fee/Leased

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiant

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Internet Access
  • Assessment Association Fees: 427
  • Management Contact Name: Beth Bullock
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self Managed
  • Lowest Parking Fee: 100
  • Highest Parking Fee: 100

Schools

  • School District: 299
  • Elementary School: Courtenay Elementary School Lang
  • High School: Senn Achievement Academy High Sc
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Corner, Fenced Yard
  • Parcel Identification Number: 14171170201004
  • Zero Lot Line: No

Multi Family

  • Total Number Unitsin Building: 11
  • Number Stories: 2

Tax Info

  • Taxes: 3722.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jun 28, 2019
Sold by
Schaller Christian W and Lu Thanh
Bought by
Ned Tyler Elizabeth S and Brien Ned O
Seller's Agent
Lyle Harlow
EXIT Strategy Realty
Buyer's Agent
Katherine McClelland
Compass
List Price
$550,000
Sold Price
$508,000
Premium/Discount to List
-$42,000
-7.64%
Current Estimated Value
$704,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,375
Avg. Annual Appreciation
5.31%
Original Mortgage
$250,000
Outstanding Balance
$219,381
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$484,994

Purchase Details

Closed on
May 18, 2015
Sold by
Finch Ermit L and Snider Louis B
Bought by
Schaller Christian W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,350
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1997
Sold by
Mid Town Bank & Trust Company Of Chicago
Bought by
Snider Louis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
7.42%
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
Ned Tyler Elizabeth S $508,000 Affinity Title Services
Schaller Christian W $233,000 First American
Snider Louis B $73,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ned Tyler Elizabeth S $250,000
Previous Owner Schaller Christian W $221,350
Previous Owner Snider Louis B $79,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $508,000 -3.2% $188 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/06/2019 05/06/19 Price Changed $525,000 -4.5% $194 / Sq Ft
04/03/2019 04/03/19 For Sale $550,000 -- $204 / 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 $7,385 $35,819 $5,364 $30,455
2023 $7,199 $35,000 $4,320 $30,680
2022 $7,199 $35,000 $4,320 $30,680
2021 $7,038 $35,000 $4,320 $30,680
2020 $5,366 $24,086 $3,312 $20,774
2019 $4,234 $24,505 $3,312 $21,193
2018 $4,162 $24,505 $3,312 $21,193
2017 $3,723 $20,668 $2,880 $17,788
2016 $4,140 $20,668 $2,880 $17,788
2015 $3,787 $20,668 $2,880 $17,788
2014 $3,736 $20,136 $2,196 $17,940
2013 $3,662 $20,136 $2,196 $17,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10331531

Midwest Real Estate Data (MRED)

APN: 14-17-117-020-1004