NOT LISTED FOR SALE

4908 N Drake Ave Unit 2 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $190,000 - $260,000

2 Beds
1 Bath
800 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: August 19, 2020

Last sale price $177,900 $222 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,794 / mo

26 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Storage
  • Stainless Steel Appliances
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Magnificent 2nd Floor Unit Features 2-Bedrooms, 1-Bath, Eat In Kitchen, Granite Counter Tops, SS Appliances, Cherry Cabinets, Hardwood Floors, Jacuzzi Tub, South Facing Balcony overlooking Courtyard, Washer and Dryer in Unit, Storage in Basement, Professionally Managed. Walking Distance to Restaurants, Shopping, and Transportation. Short walk to Brown Line! FHA APPROVED BUT NOT VA APPROVED.

Last Agent to Sell the Property

Brian Caron

Option Premier LLC License #471017757 Listed on: 06/01/2020

Last Buyer's Agent

Giovanni Leopaldi

Compass License #475137160

Compass

Property Details

Home Type

  • Condominium

Lot Details

  • 0.34

HOA Fees

  • $257 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0.34 Acres

HOA Fees

$257 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Balcony, Dimensions: 9X5, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 99
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 257
  • Management Contact Name: Manager
  • Management Phone: 312-829-8900

Fee Information

  • Management Company: First Community Management

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 13114160331026

Multi Family

  • Total Number Unitsin Building: 30
  • Number Stories: 3

Tax Info

  • Taxes: 2667

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Aug 12, 2020
Sold by
Bought by
Seller's Agent
Brian Caron
Option Premier LLC
Buyer's Agent
Giovanni Leopaldi
Compass
List Price
$181,900
Sold Price
$177,900
Premium/Discount to List
-$4,000
-2.2%
Current Estimated Value
$231,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,931
Avg. Annual Appreciation
4.61%
Original Mortgage
$142,320
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2016
Closed on
Oct 13, 2016
Sold by
Bought by
Seller's Agent
Lynne Stasik
Baird & Warner
Buyer's Agent
Daniel Riney
Berkshire Hathaway HomeServices Visions Realty
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$139,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,450
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$178,000 Greater Illinois Title
$150,000 Baird & Warner Services Inc
$217,000 Multiple
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $142,320
Previous Owner $139,500
Previous Owner $210,450
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2020 08/19/20 Sold $177,900 -0.6% $222 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/23/2020 06/23/20 Price Changed $178,900 -0.6% $224 / Sq Ft
06/15/2020 06/15/20 Price Changed $179,900 -1.1% $225 / Sq Ft
06/01/2020 06/01/20 For Sale $181,900 +21.3% $227 / Sq Ft
10/18/2016 10/18/16 Sold $150,000 -5.7% $188 / Sq Ft View Prior Sale
08/25/2016 08/25/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $159,000 0.0% $199 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $159,000 -- $199 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,506 $19,759 $1,768 $17,991
2024 $3,506 $19,759 $1,768 $17,991
2023 $3,418 $16,560 $1,415 $15,145
2022 $3,418 $16,560 $1,415 $15,145
2021 $3,341 $16,558 $1,414 $15,144
2020 $1,991 $12,009 $732 $11,277
2019 $2,713 $13,457 $732 $12,725
2018 $2,667 $13,457 $732 $12,725
2017 $1,911 $8,849 $656 $8,193
2016 $1,277 $8,849 $656 $8,193
2015 $1,145 $8,849 $656 $8,193
2014 $897 $7,386 $606 $6,780
2013 $868 $7,386 $606 $6,780
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: MRD10732412

Midwest Real Estate Data (MRED)

APN: 13-11-416-033-1026

Your Personal Tour Guide

Ask me questions while you tour the home.