NOT LISTED FOR SALE

4900 N Drake Ave Unit 1 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $253,000 - $300,000

2 Beds
1 Bath
1,200 Sq Ft
$248/mo HOA Fee

Last Sold September 22, 2021

Last sale price $205,000 $171 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,935/month

61 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Formal Dining Room
  • Wood Flooring
  • End Unit
  • Fenced Yard

About This Home

As of September 2021

Waste no time & come see this sunny & charming, freshly painted, & updated 2 bed/1 bed condo in Albany Park, located on a quiet, tree-lined, one-way street. This corner unit features granite countertops, espresso cabinets, newly-restored hardwood floors throughout, Jacuzzi tub, new in-unit washer/dryer, new water heater, new furnace, & plenty of natural light. Close to the Brown Line, I-90/94 expressway, restaurants, coffee shops & grocery stores. Schedule your private tour today or check our 3D tour.

Last Agent to Sell the Property

Mircea Campean

Berkshire Hathaway HomeServices Chicago License #475169965 Listed on: 06/11/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Erick Matos

Realty of America, LLC License #475154198

Realty of America, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1920

Lot Details

  • End Unit
  • Fenced Yard

HOA Fees

  • $248 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 30 Units
  • Manager Association, Phone Number (312) 829-8900
  • Low-Rise Condominium
  • Property managed by First Community Management

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,618

Year Built

Built in 1920

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Year Built: 1920
  • Age: 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: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Storage
  • LivingArea: 1200
  • Other Equipment: Security System, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Living Room Flooring: Hardwood
  • MRD_MBB: None
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 14X9

Exterior Features

  • ExteriorFeatures: Balcony, Deck, End Unit
  • List Price: 205000
  • Lot Features: Fenced Yard
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Size Limit
  • Association Fee: 248
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Management
  • Management Contact Name: manager
  • Management Phone: 312-829-8900

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, 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: 30

Tax Info

  • Tax Annual Amount: 2618.37
  • Tax Year: 2019

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Sep 21, 2021
Sold by
Coloji Andreea
Bought by
Zamora Edgar
Seller's Agent
Mircea Campean
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Erick Matos
Realty of America, LLC
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$269,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,074
Avg. Annual Appreciation
6.86%
Original Mortgage
$201,286
Outstanding Balance
$181,960
Interest Rate
2.37%
Mortgage Type
FHA
Estimated Equity
$87,114

Purchase Details

Listed on
Mar 5, 2015
Closed on
Jun 10, 2015
Sold by
Bryant Patrik
Bought by
Coloji Andrea
Seller's Agent
Joe Wilcox
The Wilcox Company
Buyer's Agent
Joe Wilcox
The Wilcox Company
List Price
$139,000
Sold Price
$115,000
Premium/Discount to List
-$24,000
-17.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$92,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
4900 Drake Llc
Bought by
Bryant Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac
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
Zamora Edgar $205,000 Altima Title Llc
Coloji Andrea $115,000 None Available
Bryant Patrick $220,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamora Edgar $201,286
Previous Owner Coloji Andrea $92,000
Previous Owner Bryant Patrick $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2021 09/22/21 Sold $205,000 0.0% $171 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $205,000 0.0% $171 / Sq Ft
06/15/2020 06/15/20 Rented $1,300 0.0% --
04/05/2020 04/05/20 Off Market $1,300 -- --
04/03/2020 04/03/20 For Rent $1,300 +4.0% --
12/15/2018 12/15/18 Rented $1,250 0.0% --
12/11/2018 12/11/18 For Rent $1,250 0.0% --
12/10/2018 12/10/18 Off Market $1,250 -- --
11/20/2018 11/20/18 Price Changed $1,250 -3.8% $1 / Sq Ft
10/31/2018 10/31/18 For Rent $1,300 0.0% --
06/12/2015 06/12/15 Sold $115,000 -17.3% $96 / Sq Ft View Prior Sale
03/09/2015 03/09/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $139,000 -- $116 / 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 $3,311 $19,072 $1,707 $17,365
2023 $3,228 $15,641 $1,366 $14,275
2022 $3,228 $15,641 $1,366 $14,275
2021 $3,155 $15,639 $1,365 $14,274
2020 $2,591 $11,592 $707 $10,885
2019 $2,618 $12,989 $707 $12,282
2018 $2,574 $12,989 $707 $12,282
2017 $1,845 $8,541 $633 $7,908
2016 $1,716 $8,541 $633 $7,908
2015 $1,571 $8,541 $633 $7,908
2014 $1,328 $7,129 $585 $6,544
2013 -- $7,129 $585 $6,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11120666

Midwest Real Estate Data (MRED)

APN: 13-11-416-033-1009