NOT LISTED FOR SALE

4921 N Wolcott Ave Unit 1A Chicago, IL 60640

Ravenswood Neighborhood

Estimated Value: $320,000 - $375,000

2 Beds
1 Bath
1,200 Sq Ft
$376/mo HOA Fee

Last Sold December 23, 2021

Last sale price $260,000 $217 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,566/month

69 Days on Market

About This Home

As of December 2021

Nothing to do but move in! Welcome home to Wolcott Village, your oasis in the city. This wonderfully updated condo offers everything you need in the perfect Ravenswood location. When you step into the central foyer you are greeted by gleaming newly refinished hardwood floors, which run throughout the unit. Off the foyer with its graceful arched openings is a large living room that overlooks quiet Wolcott Avenue and is bathed in warm afternoon light. To the other side of the foyer is a large separate dining room that leads to the recently updated kitchen which features all stainless steel appliances, smart granite countertops, stylish glass mosaic backsplash, and a large closet with stacked washer and dryer. The unit features 2 large, sunny bedrooms both with ample closets, hardwood floors, and ceiling fans. The hall bath has just been completely redone with tasteful new shower fixtures, wall and floor tile, vanity, medicine cabinet, and lighting. The unit features forced air heat and AC for year round comfort. All this and the lovely park-like setting of Wolcott Village make this a truly unique urban home. Enjoy city life with convenient, walkable shopping, dining, nightlife, and more. Marianos and the Metra are just a block away, the Brown Line only 3 blocks, bus options abound on Lawrence, Ashland, and Western, and dedicated bike lanes make getting around town a breeze. Easy permit street parking if you have a car. Situated perfectly between Lincoln Square and Andersonville, the best of city living is just steps from your door.

Last Agent to Sell the Property

Justin Amundson

Compass License #475169600 Listed on: 09/08/2021

Compass

Co-Listed By

Elizabeth Kelly

Jameson Sotheby's Intl Realty License #475123223

Last Buyer's Agent

Kim Kerbis

@properties Christie's International Real Estate License #471005686

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,431

Year Built

  • 1940

Lot Details

  • 2.96

HOA Fees

  • $376 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Kitchen and Dining Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 147 Units
  • Naomi Valnetino Association, Phone Number (773) 545-6160
  • Property managed by Hallmark & Johnson

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,431

Year Built

1940

Lot Details

0

HOA Fees

$376 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Co List Office Mls Id: MRD10646
  • Co List Office Phone: (312) 751-0300
  • Directions: Winnemac to Wolcott, south on Wolcott to address. Wolcott is one-way going south.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hallmark & Johnson
  • Management Contact Name: Naomi Valnetino
  • Management Phone: 773-545-6160
  • Amenities: Storage
  • Association Fee: 376
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Elementary School: Mcpherson Elementary School
  • High School: Amundsen High School
  • Junior High Dist: 299

Lot Info

  • Special Assessments: N
  • Additional Parcels: No

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: 147

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 3567.5
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Jan 18, 2022
Sold by
Rashc Jeremy J and Alston Reginald
Bought by
Dernbach Ann T
Seller's Agent
Justin Amundson
Compass
Buyer's Agent
Kim Kerbis
@properties Christie's International Real Estate
List Price
$278,000
Sold Price
$260,000
Premium/Discount to List
-$18,000
-6.47%
Current Estimated Value
$343,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,151
Avg. Annual Appreciation
7.53%
Original Mortgage
$208,000
Outstanding Balance
$192,656
Interest Rate
3.5%
Estimated Equity
$150,495

Purchase Details

Listed on
Sep 8, 2021
Closed on
Dec 8, 2021
Sold by
Rashc Jeremy J and Alston Reginald
Bought by
Dernbach Ann T
Seller's Agent
Justin Amundson
Compass
Buyer's Agent
Kim Kerbis
@properties Christie's International Real Estate
List Price
$278,000
Sold Price
$260,000
Premium/Discount to List
-$18,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$192,656
Interest Rate
3.5%
Estimated Equity
$150,495

Purchase Details

Closed on
Apr 3, 2006
Sold by
Shaevitz Lindsey and Eres Lindsey
Bought by
Eres Matthew and Eres Lindsey

Purchase Details

Closed on
Mar 31, 2004
Sold by
Dhepyasuwan Shannon
Bought by
Rasch Jeremy J and Alston Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2002
Sold by
Sommers Daniel A
Bought by
Dhepyasuwan Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.25%

Purchase Details

Closed on
Apr 29, 1999
Sold by
A & J Development Group Inc
Bought by
Sommers Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dernbach Ann T -- --
Dernbach Ann T -- --
Dernbach Ann T -- --
Eres Matthew -- None Available
Rasch Jeremy J $220,000 Multiple
Dhepyasuwan Shannon $195,000 --
Sommers Daniel A $126,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dernbach Ann T $208,000
Closed Dernbach Ann T $208,000
Previous Owner Rasch Jeremy J $176,000
Previous Owner Dhepyasuwan Shannon $175,500
Previous Owner Sommers Daniel A $110,000
Closed Rasch Jeremy J $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $260,000 -6.5% $217 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $278,000 0.0% $232 / Sq Ft
06/15/2017 06/15/17 Rented $1,725 -1.4% --
06/06/2017 06/06/17 For Rent $1,750 -- --
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 $4,431 $25,421 $9,083 $16,338
2023 $4,319 $21,000 $7,303 $13,697
2022 $4,319 $21,000 $7,303 $13,697
2021 $3,553 $20,999 $7,303 $13,696
2020 $3,586 $19,200 $3,834 $15,366
2019 $3,568 $21,186 $3,834 $17,352
2018 $3,506 $21,186 $3,834 $17,352
2017 $2,999 $17,307 $3,286 $14,021
2016 $2,966 $17,307 $3,286 $14,021
2015 $2,691 $17,307 $3,286 $14,021
2014 $2,511 $16,101 $2,464 $13,637
2013 $2,450 $16,101 $2,464 $13,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11212259

Midwest Real Estate Data (MRED)

APN: 14-07-418-018-1044