Seller's Agent in 2023
Tommy Choi
Keller Williams ONEChicago
(773) 851-5840
5 in this area
655 Total Sales
4701 N Drake Ave Unit 3 Chicago, IL 60625
Albany Park NeighborhoodEstimated Value: $282,000 - $316,263
2
Beds
2
Baths
--
Sq Ft
$267/mo
HOA Fee
Highlights
- Wood Flooring
- Resident Manager or Management On Site
- Forced Air Heating and Cooling System
- Whirlpool Bathtub
- Storage
- 1-minute walk to Drake Gardens
About This Home
As of April 2023You don't want to miss this absolutely stunning 2 bedroom, 2 bathroom home in the Albany Park neighborhood! This beautiful and bright home spanning nearly 1,000 SF lies in an all brick, quaint, corner building and features sophisticated elegance from the moment you enter the entryway foyer. This city oasis is flooded with an abundance of natural sunlight from the many expansive windows. The gorgeous space offers a perfectly appointed, open concept floor plan and is complemented by hardwood floors and soaring ceilings throughout. The upgraded kitchen boasts granite countertops, beautiful cabinetry, stainless steel appliances, an eat-in island, and separate sun-filled dining room. The primary suite includes en-suite bath and ample closet spaces. The home includes a coveted private, walk-out, back balcony, perfect for lounging and grilling for family and friends. This amazing home lies in a great location within walking distance to public transportation options, and many local shops, cafes and restaurants. In-unit washer/dryer included and permit street parking in the neighborhood. Welcome home!
Last Agent to Sell the Property
Keller Williams ONEChicago License #471004140 Listed on: 02/28/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,311
Year Built
- Built in 1910
Lot Details
- 7,362
HOA Fees
- $267 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 4-Story Property
- Combination Dining and Living Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, lawn care, scavenger, snow removal
- 14 Units
- Ned Pelinkaj Association, Phone Number (773) 414-3113
- Property managed by Property Hill Management
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2023
Closed on
Apr 7, 2023
Sold by
King Margaret and King Joseph
Bought by
Morrow Scott
Seller's Agent
Tommy Choi
Keller Williams ONEChicago
Buyer's Agent
Ashley Kammrath
Baird & Warner
List Price
$259,900
Sold Price
$270,000
Premium/Discount to List
$10,100
3.89%
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,566
Avg. Annual Appreciation
3.21%
Original Mortgage
$243,000
Outstanding Balance
$236,406
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$56,160
Purchase Details
Closed on
Jul 30, 2008
Sold by
Drake Avenue Condominiums Llc
Bought by
Ferguson Joseph and King Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,110
Interest Rate
6.51%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 18, 2006
Sold by
4701 N Drake Llc
Bought by
Drake Avenue Condominiums Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,299,000
Interest Rate
6.82%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 20, 2006
Sold by
Panovich Radovan
Bought by
4701 N Drake Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
7.25%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morrow Scott | $270,000 | Old Republic Title | |
| Ferguson Joseph | $218,000 | Multiple | |
| Drake Avenue Condominiums Llc | $1,460,000 | Chicago Title Insurance Co | |
| 4701 N Drake Llc | $1,250,000 | Ticor Title Insurance Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morrow Scott | $243,000 | |
| Previous Owner | Ferguson Joseph | $196,110 | |
| Previous Owner | Drake Avenue Condominiums Llc | $2,299,000 | |
| Previous Owner | 4701 N Drake Llc | $1,020,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $270,000 | +3.9% | -- |
| 03/03/2023 03/03/23 | Pending | -- | -- | -- |
| 02/28/2023 02/28/23 | For Sale | $259,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,528 | $29,233 | $2,057 | $27,176 |
| 2023 | $4,392 | $24,700 | $1,646 | $23,054 |
| 2022 | $4,392 | $24,700 | $1,646 | $23,054 |
| 2021 | $4,311 | $24,699 | $1,645 | $23,054 |
| 2020 | $3,603 | $19,218 | $852 | $18,366 |
| 2019 | $3,650 | $21,537 | $852 | $20,685 |
| 2018 | $3,587 | $21,537 | $852 | $20,685 |
| 2017 | $3,314 | $18,717 | $764 | $17,953 |
| 2016 | $3,260 | $18,717 | $764 | $17,953 |
| 2015 | $2,959 | $18,717 | $764 | $17,953 |
| 2014 | $2,493 | $15,955 | $705 | $15,250 |
| 2013 | $2,432 | $15,955 | $705 | $15,250 |
Source: Public Records
Agents Affiliated with this Home
-
Tommy Choi
-
Anthony Magnone
Seller Co-Listing Agent in 2023
Anthony Magnone
Keller Williams ONEChicago
(818) 439-6601
2 in this area
124 Total Sales
-
Ashley Kammrath
Buyer's Agent in 2023
Ashley Kammrath
Baird Warner
(917) 544-2498
2 in this area
15 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11727037
APN: 13-14-201-035-1011
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