NOT LISTED FOR SALE

4962 N Milwaukee Ave Unit 2B Chicago, IL 60630

Jefferson Park Neighborhood

Estimated Value: $397,000 - $429,000

3 Beds
2 Baths
2,000 Sq Ft
$263/mo HOA Fee

Last Sold May 28, 2021

Last sale price $353,000 $176 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,955/month

6 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Jefferson Park Station
  • End Unit
  • Beaubien Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Jefferson (Thomas) Memorial Park

About This Home

As of May 2021

Take the elevator to the 2nd floor and see this spectacular and rare 3 bedroom 2 bathroom in the heart of Jefferson Park! This expansive private end unit has beautiful Brazilian Cherry hardwood floors and plenty of natural light flow throughout the condo's open and airy layout with 11FT ceilings throughout. The living room with a fireplace and floor to ceiling windows leads to a large covered private terrace. The kitchen has 42" cherry cabinets, granite counter-tops and stainless steel appliances. The master bedroom has 2 spacious walk-in closets and an en-suite master bathroom with double sinks. Laundry in unit, storage locker next to the unit, heated garage parking and roof top deck with city views! Steps away from shops and restaurants, Jefferson Park blue line, Metra, bus stops and easy access to expressway. Walk to the tennis courts, playground, outdoor pool, and everything that Jefferson Park has to offer! Don't let this spectacular place slip away, come see it today!

Last Agent to Sell the Property

Sarah McLean

Coldwell Banker Realty License #475173645 Listed on: 04/08/2021

Coldwell Banker Realty

Last Buyer's Agent

Monika Hajkowska

Five Star Realty Services Inc License #471018777

Five Star Realty Services Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,671

Year Built

  • Built in 2006

Lot Details

  • End Unit

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 4-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Terrace

Schools

  • Beaubien Elementary School
  • Taft High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 9 Units
  • Greg Chamopoulos Association, Phone Number (773) 617-0362

Amenities

  • Sundeck
  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,671

Year Built

Built in 2006

Lot Details

0

HOA Fees

$263 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2006
  • Age: 11-15 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: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Gas Cooktop, Intercom
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 2000
  • Room Type: Terrace
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, End Unit
  • List Price: 359900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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: 263
  • Association Amenities: Elevator(s), Storage, Sundeck
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Greg Chamopoulos
  • Management Phone: 773-617-0362

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Beaubien Elementary School
  • High School: Taft High School
  • 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: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4671.35
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 24, 2021
Sold by
Walter Clyde A and Walter Joan E
Bought by
Seth Shantanu and Pawar Aakanksha
Seller's Agent
Sarah McLean
Coldwell Banker Realty
Buyer's Agent
Monika Hajkowska
Five Star Realty Services Inc
Sold Price
$353,000
Current Estimated Value
$407,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,089
Avg. Annual Appreciation
3.40%
Original Mortgage
$335,350
Outstanding Balance
$304,695
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$102,394

Purchase Details

Listed on
Sep 8, 2014
Closed on
Nov 14, 2014
Sold by
Shear Steven M and Shear Wendy
Bought by
Walter Clyde A and Walter Joan E
Seller's Agent
Vince Keller
Keller Williams Premiere Properties
Buyer's Agent
John Forsythe
Coldwell Banker Realty
List Price
$285,000
Sold Price
$286,500
Premium/Discount to List
$1,500
0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$229,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2006
Sold by
Tozon Developers Inc
Bought by
Shear Steven M and Shear Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
6.2%
Mortgage Type
Unknown
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
Seth Shantanu $353,000 Attorneys Ttl Guaranty Fund
Walter Clyde A $286,500 1St American Title
Shear Steven M $335,000 Mgr Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seth Shantanu $335,350
Previous Owner Walter Clyde A $229,200
Previous Owner Shear Steven M $253,725
Previous Owner Shear Steven M $33,500
Previous Owner Shear Steven M $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $353,000 -1.9% $177 / Sq Ft
04/15/2021 04/15/21 For Sale -- -- --
04/14/2021 04/14/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $359,900 +25.6% $180 / Sq Ft
11/17/2014 11/17/14 Sold $286,500 +0.5% $143 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $285,000 -- $143 / 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 $5,908 $33,635 $2,786 $30,849
2023 $5,759 $28,000 $2,584 $25,416
2022 $5,759 $28,000 $2,584 $25,416
2021 $4,961 $28,000 $2,584 $25,416
2020 $4,667 $24,052 $1,302 $22,750
2019 $4,671 $26,680 $1,302 $25,378
2018 $4,592 $26,680 $1,302 $25,378
2017 $5,680 $29,761 $1,168 $28,593
2016 $5,461 $29,761 $1,168 $28,593
2015 $4,973 $29,761 $1,168 $28,593
2014 $4,549 $24,516 $1,078 $23,438
2013 $4,459 $24,516 $1,078 $23,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11046677

Midwest Real Estate Data (MRED)

APN: 13-09-318-043-1002