NOT LISTED FOR SALE

4930 S Cornell Ave Unit D Chicago, IL 60615

Kenwood Neighborhood

Estimated Value: $256,000 - $396,000

2 Beds
2.5 Baths
1,700 Sq Ft
$317/mo HOA Fee

Last Sold May 20, 2024

Last sale price $390,000 $229 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,594/month

6 Days on Market

Highlights

  • 1 Car Attached Garage
  • Resident Manager or Management On Site
  • Dogs and Cats Allowed
  • Kenwood Academy High School Rated A-
  • Forced Air Heating and Cooling System
  • Senior Tax Exemptions

About This Home

As of May 2024

Introducing a rare gem in East Hyde Park: a stunning duplex condo featuring 2 bedrooms, 2.5 baths, an attached garage, and an extra exterior parking spot. This residence has been thoughtfully updated, featuring a renovated kitchen with all new appliances, countertops, and backsplash, as well as beautifully refinished hardwood floors and updated bathrooms. Conveniently located just a short stroll away from the UChicago campus and shuttle bus, as well as coffee shops, grocery stores, the lakefront, CTA stops, and the Metra, this residence offers unparalleled accessibility. Nestled in proximity to the Museum of Science and Industry and the Obama Library, this location truly has it all. Moreover, it enjoys a serene setting overlooking an interior courtyard, with extra height ceilings and south facing windows you will enjoy tons of natural light in this secluded retreat within the bustling city. Don't miss out on the chance to make this extraordinary space your new home!

Last Agent to Sell the Property

John Sciberras

Coldwell Banker Realty License #475189098 Listed on: 04/12/2024

Coldwell Banker Realty

Last Buyer's Agent

Miguel Flores

Baird & Warner License #475193061

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 1999

Lot Details

  • 1.41

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, lawn care, snow removal
  • 6 Units
  • Mgr Association, Phone Number (773) 913-2569
  • Property managed by Connected Prop Mgmt

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,521

Year Built

Built in 1999

Lot Details

0

HOA Fees

$317 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 1700
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • OpenParkingSpaces: 1
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 317
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Connected Prop Mgmt
  • Management Contact Name: Mgr
  • Management Phone: 773-913-2569
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5521
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 23, 2024
Sold by
Ou Dequan and Zhao Li He
Bought by
Tipnis Ramamurthy Living Trust and Tipnis
Seller's Agent
John Sciberras
Coldwell Banker Realty
Buyer's Agent
Miguel Flores
Baird & Warner
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%
Views
34
Current Estimated Value
$343,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,802
Avg. Annual Appreciation
-8.50%
Original Mortgage
$100,000
Outstanding Balance
$94,359
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$248,839

Purchase Details

Closed on
Jul 31, 2006
Sold by
Tipnis Parag and Ramamurthy Rekha
Bought by
Ou Dequan and Zhao Li He

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,625
Interest Rate
6.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2004
Sold by
Walker Leemonde H
Bought by
Tipnis Parag and Ramamurthy Rekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,600
Interest Rate
4.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 2002
Sold by
Walker Leon
Bought by
Walker Leemonde H

Purchase Details

Closed on
Nov 17, 1998
Sold by
Melk Development/Mcl Cornell Square Lp
Bought by
Walker Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
7.02%
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
Tipnis Ramamurthy Living Trust $390,000 Chicago Title
Ou Dequan $318,000 Republic Title Company
Tipnis Parag $284,500 Cti
Walker Leemonde H $225,000 --
Walker Leon $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tipnis Ramamurthy Living Trust $100,000
Previous Owner Ou Dequan $300,625
Previous Owner Tipnis Parag $227,600
Previous Owner Walker Leon $114,750
Closed Tipnis Parag $42,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2024 05/20/24 Sold $390,000 0.0% $229 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/19/2024 04/19/24 Off Market $390,000 -- --
04/12/2024 04/12/24 For Sale $415,000 -- $244 / 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 $5,724 $34,872 $9,027 $25,845
2023 $5,521 $33,001 $7,280 $25,721
2022 $5,521 $33,001 $7,280 $25,721
2021 $5,430 $32,999 $7,279 $25,720
2020 $5,605 $28,264 $5,823 $22,441
2019 $5,495 $30,780 $5,823 $24,957
2018 $5,402 $30,780 $5,823 $24,957
2017 $4,564 $24,575 $4,804 $19,771
2016 $4,422 $24,575 $4,804 $19,771
2015 $4,023 $24,575 $4,804 $19,771
2014 $4,581 $27,258 $3,930 $23,328
2013 $4,479 $27,258 $3,930 $23,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12026503

Midwest Real Estate Data (MRED)

APN: 20-11-217-040-1026