NOT LISTED FOR SALE

4916 N Hermitage Ave Unit 1S Chicago, IL 60640

Ravenswood Neighborhood

Estimated Value: $369,000 - $390,000

2 Beds
1 Bath
1,185 Sq Ft
$276/mo HOA Fee

Last Sold October 17, 2022

Last sale price $288,000 $243 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,742/month

9 Days on Market

Highlights

  • Whirlpool Bathtub
  • Central Air
  • Dogs and Cats Allowed
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of October 2022

Lovely, bright two bedroom condo in a well-run boutique building. Sunny living room and dining room overlooking tree-lined Hermitage Avenue. Updated with a white kitchen, newer bath, in-unit laundry and central air. Ample closets with additional storage in the basement. Deck perfect for a grill and bistro set. Easy street parking. Fantastic location, set on a quiet street but walkable to everything: fabulous Winnemac Park, great restaurants and shopping in Andersonville and Lincoln Square, Mariano's, CTA Brown line and much more. The Ravenswood Metra stop is a 4 minute walk - get downtown in just 13 minutes or head North for concerts at Ravinia.

Last Agent to Sell the Property

Daniel Halperin

@properties Christie's International Real Estate License #475106485 Listed on: 09/12/2022

@properties   Christie's International Real Estate

Last Buyer's Agent

John Charmelo

@properties Christie's International Real Estate License #475166223

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,781

Year Built

  • Built in 1915 | Remodeled in 1997

Lot Details

  • 8,233

HOA Fees

  • $276 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,185 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Laundry Room

Bedrooms and Bathrooms

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

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
  • 8 Units
  • Joe Rizzo Association, Phone Number (773) 275-5821

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,781

Year Built

Built in 1915 | Remodeled in 1997

Lot Details

0

HOA Fees

$276 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: 1915
  • 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: 1997
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 1997

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1185
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 295950
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Sewer-Storm
  • 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: 276
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Joe Rizzo
  • Management Phone: 773-275-5821
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4780.55
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Oct 17, 2022
Sold by
Stearns Katherine S
Bought by
Knight John A
Seller's Agent
Daniel Halperin
@properties Christie's International Real Estate
Buyer's Agent
John Charmelo
@properties Christie's International Real Estate
List Price
$295,950
Sold Price
$288,000
Premium/Discount to List
-$7,950
-2.69%
Views
1
Current Estimated Value
$381,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,567
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Nov 17, 2008
Sold by
Bailey Gregory William and Bailey Lindsay K
Bought by
Stearns Katherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2004
Sold by
Lizak Michael and Lizak Dawn Besaw
Bought by
Bailey Gregory William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 1998
Sold by
The Hermitage Condominiums Llc
Bought by
Lizak Michael and Lizak Dawn Besaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
7%

Purchase Details

Closed on
Feb 27, 1997
Sold by
Lasalle National Bank
Bought by
The Hermitage Condominium Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.82%
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
Knight John A $288,000 Chicago Title
Stearns Katherine S $263,500 Centennial Title Inc
Bailey Gregory William $244,000 Atgf Inc
Lizak Michael $150,000 --
The Hermitage Condominium Llc $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stearns Katherine S $210,800
Previous Owner Bailey Gregory William $195,200
Previous Owner Lizak Michael $142,400
Previous Owner The Hermitage Condominium Llc $650,000
Closed Bailey Gregory William $36,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $288,000 -2.7% $243 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $295,950 -- $250 / 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 $5,387 $29,176 $9,102 $20,074
2023 $5,230 $28,850 $7,318 $21,532
2022 $5,230 $28,850 $7,318 $21,532
2021 $5,765 $31,999 $7,318 $24,681
2020 $4,781 $24,562 $4,391 $20,171
2019 $4,755 $27,094 $4,391 $22,703
2018 $5,352 $27,094 $4,391 $22,703
2017 $5,188 $24,099 $3,842 $20,257
2016 $4,827 $24,099 $3,842 $20,257
2015 $4,416 $24,099 $3,842 $20,257
2014 $4,368 $23,544 $2,950 $20,594
2013 $4,282 $23,544 $2,950 $20,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11627424

Midwest Real Estate Data (MRED)

APN: 14-07-413-034-1001