NOT LISTED FOR SALE

4908 N Drake Ave Unit 3 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $245,000 - $262,000

2 Beds
1 Bath
1,000 Sq Ft
$262/mo HOA Fee

Last Sold July 14, 2021

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

Est. 22% increase in value since last sale

Current estimated payment $1,874/month

71 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Community Storage Space
  • Storage
  • Dogs and Cats Allowed

About This Home

As of July 2021

Welcome home! This top floor 2 bedroom condo is perfect in every way. From the natural sunlight in the staircase via huge skylight, to south facing balcony, this condo has it all. From custom designed hardwood floors, 42 inch cherry oak kitchen cabinets and matching doors baseboards and trim, granite countertops, crown molding, jacuzzi tub, to central AC, stainless steel appliances and high end in unit STEAM washer/dryer. Huge closets provide plenty of storage and additional storage in the basement allow you to stay clean and organized all year round. We are walking distance to the (kimball) brown line, tons of restaurants, supermarkets, North Branch Chicago River, Chicago Parks and Northeastern Illinois University.

Last Agent to Sell the Property

Jerzy Mastalerczyk

Compass License #475171335 Listed on: 03/18/2021

Compass

Last Buyer's Agent

Ramsley Merentie

Berkshire Hathaway HomeServices Chicago License #475189301

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,084

Year Renovated

  • 2012

Lot Details

  • 0.34

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Volta Elementary School
  • Roosevelt High Middle School
  • Roosevelt High School

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
  • Manager Association, Phone Number (312) 829-8900
  • Property managed by First Community Management

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,084

Year Renovated

2012

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2012
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2012

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1000
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Square Footage Comments: please verify
  • Total Sq Ft: 0

Exterior Features

  • List Price: 207900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 262
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • 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, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Volta Elementary School
  • High School: Roosevelt High School
  • Middle/Junior School: Roosevelt High School
  • Middle/Junior School District: 299
  • Junior High/Middle School #2: Northside College Preparatory Senior High School

Lot Info

  • Additional Parcels: No
  • 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: 99

Tax Info

  • Tax Annual Amount: 2084.27
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jul 13, 2021
Sold by
Darlosan Andrei
Bought by
Lys Steve
Seller's Agent
Jerzy Mastalerczyk
Compass
Buyer's Agent
Ramsley Merentie
Berkshire Hathaway HomeServices Chicago
List Price
$209,900
Sold Price
$206,000
Premium/Discount to List
-$3,900
-1.86%
Current Estimated Value
$251,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,785
Avg. Annual Appreciation
4.80%
Original Mortgage
$195,700
Outstanding Balance
$177,730
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$74,055

Purchase Details

Closed on
May 20, 2019
Sold by
Darlosan Andrei and Darlosan Alina
Bought by
Darlosan Andrei

Purchase Details

Closed on
Mar 11, 2006
Sold by
4900 Drake Llc
Bought by
Darlosan Andrei and Darlosan Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,430
Interest Rate
6.38%
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
Lys Steve $206,000 Alliance Title Corporation
Darlosan Andrei -- Attorney
Darlosan Andrei $219,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lys Steve $195,700
Previous Owner Darlosan Andrei $212,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2021 07/14/21 Sold $206,000 -0.9% $206 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/26/2021 05/26/21 Price Changed $207,900 -1.0% $208 / Sq Ft
03/18/2021 03/18/21 For Sale $209,900 0.0% $210 / Sq Ft
03/15/2017 03/15/17 Rented $1,250 0.0% --
03/05/2017 03/05/17 Under Contract -- -- --
02/23/2017 02/23/17 Price Changed $1,250 -2.0% $1 / Sq Ft
02/08/2017 02/08/17 For Rent $1,275 -- --
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 $3,506 $20,217 $1,809 $18,408
2023 $3,418 $16,560 $1,448 $15,112
2022 $3,418 $16,560 $1,448 $15,112
2021 $3,341 $16,558 $1,447 $15,111
2020 $2,747 $12,287 $749 $11,538
2019 $2,084 $13,769 $749 $13,020
2018 $2,048 $13,769 $749 $13,020
2017 $1,227 $9,055 $672 $8,383
2016 $1,318 $9,055 $672 $8,383
2015 $1,183 $9,055 $672 $8,383
2014 $929 $7,557 $620 $6,937
2013 $899 $7,557 $620 $6,937
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: 11025189

Midwest Real Estate Data (MRED)

APN: 13-11-416-033-1027