NOT LISTED FOR SALE

4894 N Ashland Ave Unit 3E Chicago, IL 60640

Ravenswood Neighborhood

Estimated Value: $229,000 - $267,000

2 Beds
1 Bath
900 Sq Ft
$303/mo HOA Fee

Last Sold April 07, 2022

Last sale price $206,000 $229 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,912/month

1 Day on Market

Highlights

  • Living Room
  • Storage Room
  • Dogs and Cats Allowed
  • Resident Manager or Management On Site

About This Home

As of April 2022

Location is everything! Own this beautiful and spacious 2-bedroom, 1-full bath condo located in the Ravenswood neighborhood. Gorgeous wood floors and window trim throughout both bedrooms and the main living area. Outside the spacious kitchen you will find a full size washer and dryer stacked. A few updates have been made, but this is a great opportunity for you to finish and put your own stamp on this lovely home. Move in or keep the current tenants and enjoy this as a very convenient investment property! Easy parking, pets allowed, storage included. Close to trains, shopping, dining and everything Clark street has to offer nearby.

Last Agent to Sell the Property

Sandra Dita Lopez

Berkshire Hathaway HomeServices Chicago License #475125187 Listed on: 02/17/2022

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Lindsey Collier

Baird & Warner, Inc. License #475193085

Last Buyer's Agent

Eileen Meg Kravitz

Baird & Warner License #471014789

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1925

Lot Details

  • 0.29

HOA Fees

  • $303 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Storage Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 33 Units
  • Veronica Association, Phone Number (713) 313-0025
  • Property managed by Rosen Management Services

Pet Policy

  • Pets up to 125 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,499

Year Built

Built in 1925

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • 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): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: Storage
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 200000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Radiant
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 303
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Rosen Management Services
  • Management Contact Name: Veronica
  • Management Phone: 713-313-0025
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 125

Tax Info

  • Tax Annual Amount: 2499.16
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 8, 2022
Sold by
Tobin Jeffrey
Bought by
Collins Samuel
Seller's Agent
Sandra Dita Lopez
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Eileen Meg Kravitz
Baird & Warner
List Price
$200,000
Sold Price
$206,000
Premium/Discount to List
$6,000
3%
Current Estimated Value
$249,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,945
Avg. Annual Appreciation
5.58%
Original Mortgage
$195,700
Outstanding Balance
$183,032
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$66,913

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 6, 2022
Sold by
Tobin Jeffrey
Bought by
Collins Samuel
Seller's Agent
Sandra Dita Lopez
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Eileen Meg Kravitz
Baird & Warner
List Price
$200,000
Sold Price
$206,000
Premium/Discount to List
$6,000
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,700
Outstanding Balance
$183,032
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$66,913

Purchase Details

Closed on
Mar 29, 2005
Sold by
Silverstein Sabrina W
Bought by
Tobin Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2000
Sold by
Dimaso Michele M
Bought by
Silverstein Sabrina W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
8.19%

Purchase Details

Closed on
Mar 27, 1998
Sold by
Uptown National Bank Of Chicago
Bought by
Dimaso Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.26%
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
Collins Samuel $206,000 --
Collins Samuel $206,000 Chicago Title
Tobin Jeffrey $165,000 Chicago Title Insurance Comp
Silverstein Sabrina W $126,000 --
Dimaso Michele M $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Samuel $195,700
Previous Owner Tobin Jeffrey $165,000
Previous Owner Silverstein Sabrina W $116,000
Previous Owner Dimaso Michele M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2022 04/07/22 Sold $206,000 +3.0% $229 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $200,000 -- $222 / 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 $3,587 $18,700 $4,285 $14,415
2023 $2,793 $17,001 $3,446 $13,555
2022 $2,793 $17,001 $3,446 $13,555
2021 $2,749 $16,999 $3,445 $13,554
2020 $2,499 $14,321 $2,067 $12,254
2019 $2,485 $15,798 $2,067 $13,731
2018 $2,442 $15,798 $2,067 $13,731
2017 $2,431 $14,666 $1,808 $12,858
2016 $2,437 $14,666 $1,808 $12,858
2015 $2,207 $14,666 $1,808 $12,858
2014 $2,414 $15,577 $1,388 $14,189
2013 $2,355 $15,577 $1,388 $14,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11326975

Midwest Real Estate Data (MRED)

APN: 14-07-423-060-1010