$105,500
SOLD DEC 22, 2016

4941 S Michigan Ave Unit 1N Chicago, IL 60615

Grand Boulevard Neighborhood
3 Beds
2 Baths
1,100 Sq Ft
$300/mo HOA Fee

Recently Sold

$96 Per Sq Ft

11% Below List Price

101 Days on Market

About This Home

As of November 2023

EXTRAORDINARY UNIT! VERY WELL THOUGHT OUT SPACE. HIGH CEILINGS AND HUGE ROOMS. PROPERTY FEATURES 3 BEDROOMS AND 2 BATHS. YOU HAVE TO SEE IT TO BELIEVE IT! FANNIE MAE HOMEPATH PROPERTY.

Last Agent to Sell the Property

Jason Shapiro

RISING REALTY LLC License #471007942 Listed on: 07/29/2016

Last Buyer's Agent

Christian Arrecis

Coldwell Banker Realty License #475162168

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,050

Year Built

  • 1920

HOA Fees

  • $300 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • $5,500 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,050

Year Built

1920

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1920
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 13X14, On Level: Main Level
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level
  • Bedroom 2: Dimensions: 11X15, On Level: Main Level
  • Bedroom 3: Dimensions: 16X8, On Level: Main Level
  • Estimated Sq Ft: 1100

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 20
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 300
  • Management Contact Name: Unknown
  • Management Phone: 773-855-2394

Fee Information

  • Management Company: VICTORIA ON MICHIGAN CONDO ASSOCIATION

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Parcel Identification Number: 20101140311003

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 3

Tax Info

  • Taxes: 1882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2023
Closed on
Nov 10, 2023
Sold by
Selman Phillip
Bought by
Carter Crystal
Seller's Agent
Briana Cattledge
Coldwell Banker Realty
Buyer's Agent
Stephanie Pagone
Compass
List Price
$220,000
Sold Price
$206,500
Premium/Discount to List
-$13,500
-6.14%
Views
67
Current Estimated Value
$232,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,109
Avg. Annual Appreciation
2.82%
Original Mortgage
$196,175
Outstanding Balance
$193,758
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$23,475

Purchase Details

Listed on
Jul 29, 2016
Closed on
Dec 21, 2016
Sold by
Fannie Mae
Bought by
Selman Phillip
Seller's Agent
Jason Shapiro
RISING REALTY LLC
Buyer's Agent
Christian Arrecis
Coldwell Banker Realty
List Price
$118,000
Sold Price
$105,500
Premium/Discount to List
-$12,500
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$101,808
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2014
Sold by
Seaton Chenell E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 19, 2005
Sold by
4943-45 S Michigan Avenue Llc
Bought by
Seaton Chenell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed $206,500 Chicago Title
Special Warranty Deed -- First American Title Insuran
Sheriffs Deed -- None Available
Warranty Deed $213,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,175 New Conventional
Previous Owner $97,500 New Conventional
Previous Owner $101,808 New Conventional
Previous Owner $245,900 Unknown
Previous Owner $213,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $206,500 -6.1% $188 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/10/2023 09/10/23 For Sale $220,000 +108.5% $200 / Sq Ft
12/22/2016 12/22/16 Sold $105,500 +0.6% $96 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
10/13/2016 10/13/16 Price Changed $104,900 -11.1% $95 / Sq Ft
09/02/2016 09/02/16 For Sale $118,000 0.0% $107 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $118,000 -- $107 / 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 $2,050 $20,175 $3,569 $16,606
2023 $1,976 $13,000 $3,569 $9,431
2022 $1,976 $13,000 $3,569 $9,431
2021 $1,950 $12,999 $3,568 $9,431
2020 $1,323 $9,043 $1,733 $7,310
2019 $2,014 $10,024 $1,733 $8,291
2018 $1,980 $10,024 $1,733 $8,291
2017 $1,364 $6,335 $1,427 $4,908
2016 $1,269 $6,335 $1,427 $4,908
2015 $1,778 $9,704 $1,427 $8,277
2014 $1,946 $10,487 $1,223 $9,264
2013 $1,907 $10,487 $1,223 $9,264
Source: Public Records

Agents Affiliated with this Home

  • Briana Cattledge

    Seller's Agent in 2023

    Briana Cattledge

    Coldwell Banker Realty

    (847) 363-2230

    2 in this area

    30 Total Sales

    Briana Cattledge
    Section Image
  • Stephanie Pagone

    Buyer's Agent in 2023

    Stephanie Pagone

    Compass

    (847) 791-0924

    1 in this area

    93 Total Sales

    Stephanie Pagone
    Section Image

  • J

    Seller's Agent in 2016

    Jason Shapiro

    RISING REALTY LLC

    1 in this area

    31 Total Sales

    Jason Shapiro
    Section Image

  • C

    Buyer's Agent in 2016

    Christian Arrecis

    Coldwell Banker Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09301627

Midwest Real Estate Data (MRED)

APN: 20-10-114-031-1003

Illinois Cook County Chicago 60615 Grand Boulevard

4941 S Michigan Ave Unit 1N, Chicago, IL

This home is located at 4941 S Michigan Ave Unit 1N, Chicago, IL 60615 and is currently priced at $105,500, approximately $95 per square foot. This property was built in 1920. 4941 S Michigan Ave Unit 1N is a home located in Cook County with nearby schools including Burke Elementary School, Wendell Phillips Academy High School, and Cambridge Classical Academy.

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