NOT LISTED FOR SALE

4902 N Drake Ave Unit 1N Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $205,000 - $236,000

2 Beds
1 Bath
1,000 Sq Ft
$285/mo HOA Fee

Last Sold June 28, 2024

Last sale price $207,000 $207 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,686/month

9 Days on Market

Highlights

  • Bonus Room
  • Formal Dining Room
  • Intercom
  • Corner Lot
  • Stainless Steel Appliances
  • Central Air

About This Home

As of June 2024

Beautiful 2 bedroom open concept home. Hardwood floors throughout with inlay in the kitchen area. Granite counter tops w/stainless appliances. 42" cabinets and plenty of counter space. Tall ceilings with Crown molding. Freshly painted. Newer Hot Water Heater, Furnace and A/C unit, Stove, Dishwasher, Disposal and Microwave. Plenty of storage. Near Parks, Transportation, Shopping and Restaurants.

Last Agent to Sell the Property

Kathleen Guy

Connect Realty.com Inc. License #471005924 Listed on: 05/08/2024

Connect Realty.com Inc.

Last Buyer's Agent

James Barclay

Baird & Warner License #475142704

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,522

Year Renovated

  • 2006

Lot Details

  • 0.34

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Formal Dining Room
  • Bonus Room
  • Intercom

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,522

Year Renovated

2006

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2006

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Intercom, Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: Bonus Room
  • 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
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 210000
  • Lot Features: Corner Lot
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 285
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Management
  • Management Contact Name: Besma
  • Management Phone: 312-829-8900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

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: 2522
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 24, 2024
Sold by
Straky Erin M and Carlson Erin M
Bought by
Martin Lks Dunn And Victoria Ls Dunn Revocabl and Dunn
Seller's Agent
Kathleen Guy
Connect Realty.com Inc.
Buyer's Agent
James Barclay
Baird & Warner
List Price
$210,000
Sold Price
$207,000
Premium/Discount to List
-$3,000
-1.43%
Views
25
Current Estimated Value
$225,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,691
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Nov 10, 2005
Sold by
4900 Drake Llc
Bought by
Straky Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
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
Martin Lks Dunn And Victoria Ls Dunn Revocabl $207,000 Heritage Title
Straky Erin M $220,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Straky Erin M $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $207,000 -1.4% $207 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $210,000 -- $210 / 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 $2,609 $19,072 $1,707 $17,365
2023 $2,522 $15,641 $1,366 $14,275
2022 $2,522 $15,641 $1,366 $14,275
2021 $2,483 $15,639 $1,365 $14,274
2020 $1,893 $11,592 $707 $10,885
2019 $1,927 $12,989 $707 $12,282
2018 $1,893 $12,989 $707 $12,282
2017 $1,116 $8,541 $633 $7,908
2016 $1,215 $8,541 $633 $7,908
2015 $1,088 $8,541 $633 $7,908
2014 $849 $7,129 $585 $6,544
2013 $821 $7,129 $585 $6,544
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12049808

Midwest Real Estate Data (MRED)

APN: 13-11-416-033-1012