NOT LISTED FOR SALE

4941 N Wolcott Ave Unit 1B Chicago, IL 60640

Ravenswood Neighborhood

Estimated Value: $327,000 - $359,000

2 Beds
1 Bath
-- Sq Ft
$397/mo HOA Fee

Last Sold April 22, 2022

Last sale price $300,000

Est. 14% increase in value since last sale

Current estimated payment $2,587/month

2 Days on Market

Highlights

  • Wood Flooring
  • Resident Manager or Management On Site
  • Forced Air Heating and Cooling System
  • Formal Dining Room
  • Storage
  • Ceiling Fan

About This Home

As of April 2022

Welcome to Wolcott Village. Nestled in Andersonville, this well manicured courtyard building offers accessibility to the whole city with Metra and Brown line a short walk away. Just like the location, the unit can't be beat! This high 1st floor unit's smart layout offers 2 bedrooms, 1 bath, and a remarkable kitchen, complete with all stainless steel gas stove, DW, and refrigerator. Granite counters, and clean white cabinets complete this 2016 rehabbed space. Gleaming hardwood floors and plenty of windows make the unit inviting and comfortable. Take advantage of the gas fireplace and lovely views of the lush courtyard as well. Good sized bedrooms and an updated bath round out this delightful home. Price includes a private parking spot!! Wolcott Village is run extremely well by Hallmark&Johnson and allows pets of all shapes and sizes. Investors welcome as well. Come see this Andersonville gem now before it's gone this Spring!

Last Agent to Sell the Property

Amie Klujian

Baird & Warner License #475143024 Listed on: 03/18/2022

Baird & Warner

Co-Listed By

Michael Peterson

Dream Town Real Estate License #475171243

Last Buyer's Agent

Marci Trick

Redfin Corporation License #475165056

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,447

Year Built

  • Built in 1940 | Remodeled in 2016

Lot Details

  • 2.96

HOA Fees

  • $397 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Mcpherson Elementary School
  • Amundsen High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 147 Units
  • Naomi Valentino Association, Phone Number (773) 545-6160
  • Property managed by Hallmark & Johnson Property Management

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,447

Year Built

Built in 1940 | Remodeled in 2016

Lot Details

0

HOA Fees

$397 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: 1940
  • 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): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 279900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 397
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hallmark & Johnson Property Management
  • Management Contact Name: Naomi Valentino
  • Management Phone: 773-545-6160
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Mcpherson Elementary School
  • High School: Amundsen High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • 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: 4447.16
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 13, 2022
Sold by
Acimc Family Trust
Bought by
Whicker Adam J
Seller's Agent
Amie Klujian
Baird & Warner
Buyer's Agent
Marci Trick
Redfin Corporation
List Price
$279,900
Sold Price
$300,000
Premium/Discount to List
$20,100
7.18%
Current Estimated Value
$341,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,072
Avg. Annual Appreciation
3.74%
Original Mortgage
$240,000
Outstanding Balance
$226,587
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$114,485

Purchase Details

Closed on
Sep 18, 2015
Sold by
Clark Anthony and Clark Joan M
Bought by
Acjmc Family Trust

Purchase Details

Closed on
Apr 23, 2010
Sold by
Vikingstad Eric M
Bought by
Clark Anthony and Clark Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Guernsey Timothy A and Guernsey Carolyn E
Bought by
Vikingstad Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,800
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 2002
Sold by
Rademacher Robin A
Bought by
Guernsey Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.75%

Purchase Details

Closed on
Dec 3, 1999
Sold by
A & J Development Group Inc
Bought by
Rademacher Robin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,144
Interest Rate
7.5%
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
Whicker Adam J $300,000 None Listed On Document
Acjmc Family Trust -- Attorney
Clark Anthony $235,000 Heritage Title Company
Vikingstad Eric M $243,500 Ctic
Guernsey Timothy A $225,000 --
Rademacher Robin A $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whicker Adam J $240,000
Previous Owner Clark Anthony $188,000
Previous Owner Vikingstad Eric M $194,800
Previous Owner Guernsey Timothy A $180,000
Previous Owner Rademacher Robin A $135,144
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $300,000 +7.2% --
03/21/2022 03/21/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $279,900 -- --
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 $4,642 $26,431 $9,444 $16,987
2023 $4,525 $22,000 $7,593 $14,407
2022 $4,525 $22,000 $7,593 $14,407
2021 $4,424 $21,999 $7,593 $14,406
2020 $4,447 $19,963 $3,986 $15,977
2019 $4,426 $22,027 $3,986 $18,041
2018 $4,351 $22,027 $3,986 $18,041
2017 $3,874 $17,994 $3,416 $14,578
2016 $3,604 $17,994 $3,416 $14,578
2015 $3,297 $17,994 $3,416 $14,578
2014 $3,106 $16,741 $2,562 $14,179
2013 $3,045 $16,741 $2,562 $14,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11351002

Midwest Real Estate Data (MRED)

APN: 14-07-418-018-1068