NOT LISTED FOR SALE

4703 N Drake Ave Unit 3 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $255,000 - $306,211

2 Beds
2 Baths
-- Sq Ft
$267/mo HOA Fee

Last Sold October 29, 2024

Last sale price $260,000

Est. 6% increase in value since last sale

Current estimated payment $2,148/month

5 Days on Market

Highlights

  • Penthouse
  • Deck
  • Wood Flooring
  • Open Floorplan
  • Vaulted Ceiling
  • 1-minute walk to Drake Gardens

About This Home

As of October 2024

You don't want to miss this stunning top floor 2 bedroom, 2 bathroom home in the Albany Park neighborhood! This beautiful and bright home lies in an all brick, quaint, corner building and features sophisticated elegance from the moment you enter. 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 space. The home includes a coveted walk-out rear deck, perfect for grilling and container gardening. 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. Pet friendly and investor friendly HOA. Welcome home!

Last Agent to Sell the Property

Dave Croy

Keller Williams ONEChicago License #475138607 Listed on: 09/20/2024

Keller Williams ONEChicago

Last Buyer's Agent

Maureen Duffield

eXp Realty License #475206297

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,098

Lot Details

  • 7,362

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 14 Units
  • Property Manager Association, Phone Number (312) 414-1105
  • Property managed by Property Hill management

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,098

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Rebuilt Year: 2008
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Open Floorplan, Granite Counters
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 267
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Hill management
  • Management Contact Name: Property Manager
  • Management Phone: 312-414-1105
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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: 5098.17
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Oct 25, 2024
Sold by
Nemec Jennifer A and Nemec Loise Dominic
Bought by
Valley Korry Rae
Seller's Agent
Dave Croy
Keller Williams ONEChicago
Buyer's Agent
Maureen Duffield
eXp Realty
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Views
18
Current Estimated Value
$275,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,553
Avg. Annual Appreciation
5.98%
Original Mortgage
$208,000
Outstanding Balance
$205,834
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$69,719

Purchase Details

Listed on
Nov 20, 2013
Closed on
Mar 25, 2014
Sold by
Mashburn Marika
Bought by
Loise Dominic G and Nemec Jennifer A
Seller's Agent
Austin Bader
312 Estates LLC
Buyer's Agent
Jennifer Teadt-Long
@properties Christie's International Real Estate
List Price
$179,900
Sold Price
$177,900
Premium/Discount to List
-$2,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$142,320
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2011
Sold by
Northside Community Bank
Bought by
Mashburn Marika
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
Valley Korry Rae $260,000 Old Republic Title
Loise Dominic G $178,000 None Available
Mashburn Marika $125,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valley Korry Rae $208,000
Previous Owner Loise Dominic G $142,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Sold $260,000 0.0% --
09/25/2024 09/25/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $259,900 +46.1% --
04/01/2014 04/01/14 Sold $177,900 +1.7% -- View Prior Sale
01/21/2014 01/21/14 Pending -- -- --
01/13/2014 01/13/14 Price Changed $174,900 -2.8% --
11/20/2013 11/20/13 For Sale $179,900 -- --
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 $5,230 $29,233 $2,057 $27,176
2023 $5,098 $24,700 $1,646 $23,054
2022 $5,098 $24,700 $1,646 $23,054
2021 $4,983 $24,699 $1,645 $23,054
2020 $4,296 $19,218 $852 $18,366
2019 $4,342 $21,537 $852 $20,685
2018 $4,268 $21,537 $852 $20,685
2017 $4,043 $18,717 $764 $17,953
2016 $3,761 $18,717 $764 $17,953
2015 $3,442 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12168865

Midwest Real Estate Data (MRED)

APN: 13-14-201-035-1014