$150,000
SOLD DEC 22, 2021

4920 N Marine Dr Unit S301 Chicago, IL 60640

Margate Park Neighborhood
1 Bed
1 Bath
775 Sq Ft
$543/mo HOA Fee

Recently Sold

$194 Per Sq Ft

6% Below List Price

33 Days on Market

Highlights

  • Detached Garage
  • Combination Dining and Living Room
  • 1-minute walk to Bill Hersh Playground
  • Resident Manager or Management On Site
  • Senior Tax Exemptions

About This Home

As of December 2021

Rarely available, NE corner unit at Shoreline Park! This sunny condo has the largest floor plan in the building. Generous windows give an expansive view of the park. Brand new modern cook's kitchen is perfect the gourmet chef. Soft-close cabinets and drawers, plenty of counter space (heat and stain resistant quartz), Frigidaire Gallery ss appliances, 5 burner gas stovetop with griddle and overhead hood, double 10" deep sink with wood block, stainless steel colander and Kohler pull-down faucet. Steps from recreation, transportation, shopping and historical music venues. Full amenity building that includes on-site management office & maintenance, 24 hr front desk staff, package receiving, laundry room, gym, business center, community center, 2 rooftop decks with 360 views of lake and city, bike rooms, and more. Assessment include all utilities. Unit can be rented out as long as owner occupancy is 51%, currently at 60%.

Last Agent to Sell the Property

Susan Strange

Coldwell Banker Realty License #475189307 Listed on: 09/24/2021

Coldwell Banker Realty

Last Buyer's Agent

Nicholas Rendleman

Real Broker LLC License #471021414

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,360

Year Built | Renovated

  • 1947 | 2021

HOA Fees

  • $543 per month

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 570 Units
  • Unissa Khan Association, Phone Number (773) 878-5900
  • Property managed by Sudler

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,360

Year Built | Renovated

1947 | 2021

Lot Details

0

HOA Fees

$543 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 71-80 Years
  • 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: 2021
  • New Construction Y/N: No
  • Directions: South of Foster, north of Lawrence on Marine Dr.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1947
  • Year Renovated: 2021

Interior Features

  • Appliances: Refrigerator, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Dining Room Type: No additional rooms
  • Stories: 5

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 0
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Cooling: Window/Wall Unit - 1
  • Heating: Electric, Baseboard
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Unissa Khan
  • Management Phone: 773-878-5900
  • Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, Sundeck, Receiving Room, Business Center, Ceiling Fan, Elevator(s)
  • Association Fee: 543
  • Association Fee Frequency: Monthly
  • Pets Allowed: Additional Pet Rent, Cats OK, Dogs OK, Number Limit

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Electricity, Gas, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Junior High Dist: 299

Lot Info

  • 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: 999

Multi Family

  • Units in Building: 570

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 2149.04
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Jan 13, 2022
Sold by
Arana Rodrigo
Bought by
Martin Deirdre
Seller's Agent
Susan Strange
Coldwell Banker Realty
Buyer's Agent
Nicholas Rendleman
Real Broker LLC
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$165,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,946
Avg. Annual Appreciation
2.68%
Original Mortgage
$147,283
Outstanding Balance
$136,034
Interest Rate
3.12%
Estimated Equity
$29,318

Purchase Details

Listed on
Sep 24, 2021
Closed on
Dec 2, 2021
Sold by
Arana Rodrigo
Bought by
Martin Deirdre
Seller's Agent
Susan Strange
Coldwell Banker Realty
Buyer's Agent
Nicholas Rendleman
Real Broker LLC
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Outstanding Balance
$136,034
Interest Rate
3.12%
Estimated Equity
$29,318

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 20, 2021
Sold by
Olin Barbara and Richardson Catherine E
Bought by
Arana Rodrigo
Seller's Agent
Susan Strange
Coldwell Banker Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
312.63%

Purchase Details

Closed on
Nov 19, 2010
Sold by
Richardson Catherine E
Bought by
Declara Richardson Catherine E and Catherine E Richardson Declaration Of Tr

Purchase Details

Closed on
Jul 9, 2001
Sold by
Shoreline Park Of Chicago Llc
Bought by
Richardson Catherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,800
Interest Rate
7.15%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 --
Warranty Deed $150,000 --
Warranty Deed $150,000 --
Warranty Deed $65,000 Greater Illinois Title
Interfamily Deed Transfer -- None Available
Special Warranty Deed $135,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,283 No Value Available
Closed $147,283 No Value Available
Previous Owner $106,250 Unknown
Previous Owner $107,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $150,000 -6.3% $194 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $160,000 +146.2% $206 / Sq Ft
05/21/2021 05/21/21 Sold $65,000 -18.8% --
05/07/2021 05/07/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $80,000 -- --
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 $2,360 $13,606 $2,175 $11,431
2023 $2,301 $11,186 $1,947 $9,239
2022 $2,301 $11,186 $1,947 $9,239
2021 $396 $11,185 $1,947 $9,238
2020 $396 $10,063 $1,214 $8,849
2019 $396 $11,091 $1,214 $9,877
2018 $0 $11,091 $1,214 $9,877
2017 $0 $8,041 $1,069 $6,972
2016 $396 $8,041 $1,069 $6,972
2015 $381 $8,041 $1,069 $6,972
2014 $378 $6,591 $826 $5,765
2013 $379 $6,591 $826 $5,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11220131

Midwest Real Estate Data (MRED)

APN: 14-08-412-040-1534