$65,000
SOLD MAY 21, 2021

4920 N Marine Dr Unit S301 Chicago, IL 60640

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

Recently Sold

19% Below List Price

7 Days on Market

Highlights

  • Doorman
  • Waterfront
  • Sundeck
  • Fitness Center
  • Business Center
  • 1-minute walk to Bill Hersh Playground

About This Home

As of December 2021

Large corner unit with east and north facing windows. This is an "as is" sale, there is no stove or fridge in the unit. Only cash offers will be considered. Must submit proof of funds with offer. Great location across from Margate Park and lakefront. Building is well maintained with reserves over $3.6 mil and no planned special assessments. Owner occupancy is 60% and unit can be rented as long as it remains over 51%.

Last Agent to Sell the Property

Susan Strange

Coldwell Banker Realty License #475189307 Listed on: 04/30/2021

Coldwell Banker Realty

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1947

Lot Details

  • Waterfront

HOA Fees

  • $543 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, electricity, gas, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 570 Units
  • Unissa Khan Association, Phone Number (773) 878-5900
  • Property managed by Sudler
  • 5-Story Property

Amenities

  • Doorman
  • Sundeck
  • Business Center
  • Party Room
  • Coin Laundry
  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,209

Year Built

Built in 1947

Lot Details

0

HOA Fees

$543 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: 1947
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 80000
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: 1 (Window/Wall Unit)
  • Electric: Circuit Breakers
  • Heating: Electric, Baseboard
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • 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: 1208.91
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 570

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: MRD11071954

Midwest Real Estate Data (MRED)

APN: 14-08-412-040-1534