NOT LISTED FOR SALE

4845 N Springfield Ave Unit 3 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $377,000 - $461,000

3 Beds
2 Baths
1,600 Sq Ft
$231/mo HOA Fee

Last Sold November 05, 2021

Last sale price $330,000 $206 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,942/month

11 Days on Market

About This Home

As of November 2021

Top floor 3 bed in the heart of Albany Park. Super high vaulted ceilings in living space which add a ton of natural light. Newly refinished hardwood floors throughout the unit, and refinished cabinets in kitchen. New: washer/dryer, furnace, water heater. Open layout kitchen with granite countertops, stainless appliances and large pantry. Living space has a fireplace and small private balcony. All three bedrooms are large and have walk in closets. Primary bedroom includes large terrace with access off of the hallway as well as bedroom. Two parking spaces included in price. Located near Kimball brown line, shops and restaurants in Albany park.

Last Agent to Sell the Property

Kevin Binkley

Compass License #475160516 Listed on: 09/17/2021

Compass

Co-Listed By

Tom Bahnick

Compass License #475178895

Last Buyer's Agent

Kevin Binkley

Compass License #475160516 Listed on: 09/17/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,352

Year Built

  • 2005

Lot Details

  • 3,877

HOA Fees

  • $231 per month

Interior Spaces

  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units
  • Association Phone (847) 999-9999

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,352

Year Built

2005

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Co List Office Mls Id: MRD87120
  • Co List Office Phone: (773) 482-1917
  • Directions: LAWRENCE TWO BLOCKS EAST OF PULASKI NORTH ON SPRINGFIELD
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Fireplace Features: Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • Dining Room Type: No additional rooms
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding,Brick,Frame
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: SELF MANAGED
  • Management Phone: 847-999-9999
  • Association Fee: 231
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 3

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5799
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 21, 2021
Sold by
French Wesley and Olszak Karyn M
Bought by
Hampel Stefan and Okesanya Omotunde
Seller's Agent
Kevin Binkley
Compass
Buyer's Agent
Kevin Binkley
Compass
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%
Current Estimated Value
$409,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,588
Avg. Annual Appreciation
3.74%
Original Mortgage
$280,500
Outstanding Balance
$260,535
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$119,860

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jul 31, 2019
Sold by
Rempe Bryan P and Rempe Sandra F
Bought by
French Wesley and Olszak Karyn M
Seller's Agent
Abbie Joseph
Compass
Buyer's Agent
Kevin Binkley
Compass
List Price
$299,000
Sold Price
$297,000
Premium/Discount to List
-$2,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$282,150
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2005
Sold by
Metropolitan Const & Development Corp
Bought by
Rempe Bryan P and Rempe Sandra F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 2004
Sold by
Gomez Clara and Lemus Hector
Bought by
Metropolitan Const & Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hampel Stefan $330,000 Chicago Title
French Wesley $297,000 None Available
Rempe Bryan P $300,000 Atgf Inc
Metropolitan Const & Development Inc $270,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampel Stefan $280,500
Previous Owner French Wesley $282,150
Previous Owner Rempe Bryan P $240,000
Previous Owner Metropolitan Const & Development Inc $216,000
Closed Rempe Bryan P $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $330,000 -2.7% $206 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $339,000 +14.1% $212 / Sq Ft
07/31/2019 07/31/19 Sold $297,000 -0.7% $186 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $299,000 -- $187 / 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 $6,352 $36,959 $5,040 $31,919
2023 $6,192 $30,000 $4,032 $25,968
2022 $6,192 $30,000 $4,032 $25,968
2021 $6,052 $29,999 $4,032 $25,967
2020 $5,991 $26,801 $2,088 $24,713
2019 $5,800 $32,200 $2,088 $30,112
2018 $5,700 $32,200 $2,088 $30,112
2017 $3,388 $19,060 $1,872 $17,188
2016 $3,329 $19,060 $1,872 $17,188
2015 $3,023 $19,060 $1,872 $17,188
2014 $4,858 $28,658 $1,728 $26,930
2013 $4,751 $28,658 $1,728 $26,930
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11221849

Midwest Real Estate Data (MRED)

APN: 13-11-323-027-1003