NOT LISTED FOR SALE

4700 N Talman Ave Unit 2 Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $416,000 - $477,000

2 Beds
2 Baths
1,400 Sq Ft
$270/mo HOA Fee

Last Sold September 23, 2021

Last sale price $325,000 $232 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,257/month

72 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Rockwell Station
  • Formal Dining Room
  • Waters Elementary School Rated A-
  • Heated Sun or Florida Room
  • 2-minute walk to Jacob Park

About This Home

As of September 2021

Renovated home in Lincoln Square location. 2 bedroom/2 bath with a semi-open floor plan. Large sunny 2nd-floor southeast corner unit with lots of natural light! The home has original hardwood floors throughout, a separate dining room, eat-in kitchen with stainless steel appliances; the large living room features a wood-burning fireplace that opens to the sunroom, which is all windows, a master suite with an ensuite bath with an oversized tub, and a second bedroom. Generous closets in both bedrooms. Includes full-size in-unit Washer/Dryer, individually controlled heat, and air conditioning-large back deck off the kitchen. Near the renovated Rockwell brown line, one block away. Shops, grocery stores, bakeries, and diverse restaurants in the center of coveted Ravenswood Manor; Lots of street parking. Floor Plans available. There is one exclusion. Close to everything! * Harvestime grocery store at the end of the block * Great coffee shop & yoga studio on the corner * Lovely friendly neighborhood for all ages with lots of restaurants, shops, boutiques, the Davis movie theater, and the Old Town School of Folk music. * Jacob park just down the street * Community Garden nearby * Bike and jogging trail close by * Located in Water's school district. The 2020 Taxes have been posted showing a 45% reduction.

Last Agent to Sell the Property

Kenneth Arrizola

Baird & Warner License #475142549 Listed on: 05/30/2021

Baird & Warner

Last Buyer's Agent

Ginny Leamy

Compass License #475126031

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,702

Year Built

  • Built in 1925 | Remodeled in 1998

Lot Details

  • 4,922

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Wood Flooring
  • Intercom

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 10 Units

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,702

Year Built

Built in 1925 | Remodeled in 1998

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Vintage
  • Year Built: 1925
  • Age: 91-100 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: 2
  • Rehab Year: 1998
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 1998

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, 1st Floor Laundry, 9' Ceiling, Some Insulated Wndws
  • LivingArea: 1400
  • Other Equipment: TV-Cable, Intercom
  • Room Type: Heated Sun Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1400
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1400
  • Fireplace Location: Living Room
  • Total Sq Ft: 1400
  • Main Level Sq Ft: 1400
  • Window Features: Double Pane Windows,Insulated Windows
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Ceramic Tile
  • Kitchen: Eating Area-Breakfast Bar,Eating Area-Table Space,Pantry-Closet
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 13X10

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 325000
  • Roof: Rubber
  • 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, Indv Controls
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 270
  • Association Amenities: Bike Room/Bike Trails, 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: N/A
  • Management Phone: 000-000-0000

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 6701.77
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Sep 17, 2021
Sold by
Hicks Sarah M
Bought by
Metzler Timothy Andrew and Metzler Elizabeth Kuhn
Seller's Agent
Kenneth Arrizola
Baird & Warner
Buyer's Agent
Ginny Leamy
Compass
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$445,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,432
Avg. Annual Appreciation
8.07%
Original Mortgage
$225,000
Outstanding Balance
$204,733
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$240,699

Purchase Details

Listed on
Oct 30, 2012
Closed on
Mar 4, 2013
Sold by
Ryan Dennis and Ryan Gabriela
Bought by
Hicks Sarah M
Seller's Agent
Anne Victorin
@properties Christie's International Real Estate
Buyer's Agent
Kenneth Arrizola
Baird & Warner
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$180,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Ludwig Leslie A
Bought by
Ryan Dennis and Ryan Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 1999
Sold by
Albany Bank & Trust Company
Bought by
Ludwig Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,450
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Metzler Timothy Andrew $325,000 Baird & Warner Ttl Svcs Inc
Hicks Sarah M $200,000 Lakeshore Title Agency
Ryan Dennis $315,000 Multiple
Ludwig Leslie A $159,500 Mercury Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metzler Timothy Andrew $225,000
Previous Owner Hicks Sarah M $180,000
Previous Owner Ryan Dennis $63,000
Previous Owner Ludwig Leslie A $143,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2021 09/23/21 Sold $325,000 0.0% $232 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $325,000 +62.5% $232 / Sq Ft
03/08/2013 03/08/13 Sold $200,000 -20.0% $143 / Sq Ft View Prior Sale
11/26/2012 11/26/12 Pending -- -- --
11/14/2012 11/14/12 Price Changed $250,000 -9.1% $179 / Sq Ft
10/30/2012 10/30/12 For Sale $275,000 -- $196 / 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 $7,806 $39,440 $2,263 $37,177
2023 $7,610 $37,000 $1,530 $35,470
2022 $7,610 $37,000 $1,530 $35,470
2021 $6,770 $36,999 $1,529 $35,470
2020 $6,737 $33,345 $1,529 $31,816
2019 $6,702 $36,786 $1,529 $35,257
2018 $6,588 $36,786 $1,529 $35,257
2017 $4,012 $22,013 $1,338 $20,675
2016 $3,909 $22,013 $1,338 $20,675
2015 $3,553 $22,013 $1,338 $20,675
2014 $3,319 $20,457 $1,242 $19,215
2013 $5,663 $33,764 $1,242 $32,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11105399

Midwest Real Estate Data (MRED)

APN: 13-13-202-037-1002