NOT LISTED FOR SALE

4980 N Marine Dr Unit 834 Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $215,742 - $275,000

2 Beds
1 Bath
1,000 Sq Ft
$725/mo HOA Fee

Last Sold July 17, 2020

Last sale price $165,000 $165 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,249/month

22 Days on Market

Highlights

  • Lake Front
  • Property is near a park
  • Heating Available
  • Rooftop Deck
  • Attached Garage
  • 1-minute walk to Bill Hersh Playground

About This Home

As of July 2020

Beautiful 2 bed/1 bath at Shoreline Park! Bright treetop and lake views to the east. Charming kitchen with new stainless steel appliances. Generous living and dining space. Master has a lovely corner window with beautiful lake vista! Valet parking included. Building also offers rooftop deck, bike room, fitness room and extra double-height storage. Great location on the lakefront near Margate Park and Fieldhouse and the 18-mile running/biking path, a short walk to Broadway, Argyle and Andersonville restaurants/retail, bus and train to downtown. Please see link to the 3D tour for a virtual walkthrough!

Last Agent to Sell the Property

Julie Chesne

Compass License #471003470 Listed on: 05/06/2020

Compass

Last Buyer's Agent

Matthew Thomas

Baird & Warner License #475178603

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,737

Year Built

  • 1950

Lot Details

  • Lake Front
  • East or West Exposure

HOA Fees

  • $725 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Kitchen

  • Oven or Range
  • Dishwasher

Home Security

Location

  • Property is near a park
  • Property is near a bus stop

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Additional Features

  • Water Views
  • North or South Exposure
  • Rooftop Deck

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,737

Year Built

1950

Lot Details

0

HOA Fees

$725 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Unit Floor Level: 8
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14
  • Year Built: 1950

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Equipment: TV-Cable, Ceiling Fan
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Kitchen Type: Dimensions: 15X8, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X10, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 15X10, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1000
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Waterfront: Yes
  • Exterior Property Features: Roof Deck, Storms/Screens
  • Exposure: N (North), E (East), Lake/Water, Park

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Park/Playground, Sundeck, Security Door Locks, Service Elevator
  • Assessment Includes: Heat, Water, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 725
  • Management Contact Name: Michael Frost
  • Management Phone: 773-878-5900

Fee Information

  • Management Company: Sudler Property Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Lake Front, Park Adjacent, Water View
  • Parcel Identification Number: 14084120401285

Multi Family

  • Total Number Unitsin Building: 570
  • Number Stories: 14

Tax Info

  • Taxes: 1954.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Jul 2, 2020
Sold by
Hebl Matthew J
Bought by
Decastro Mary Anne and Decastro Mary Cecille
Seller's Agent
Julie Chesne
Compass
Buyer's Agent
Matthew Thomas
Baird & Warner
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Current Estimated Value
$243,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,186
Avg. Annual Appreciation
6.74%
Original Mortgage
$162,011
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 18, 2013
Closed on
Sep 17, 2013
Sold by
Lopez Yvette
Bought by
Hebl Matthew J
Seller's Agent
Megan Oswald
Coldwell Banker Realty
Buyer's Agent
Thomas Rubin
Fulton Grace Realty
List Price
$160,000
Sold Price
$149,000
Premium/Discount to List
-$11,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%
Original Mortgage
$144,027
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2005
Sold by
Shiu Yvette S
Bought by
Shiu Yvette and Yvette Shiu Revocable Living Trust

Purchase Details

Closed on
May 17, 2002
Sold by
Shiu Yvette S
Bought by
Shiu Yvette
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Decastro Mary Anne $165,000 Chicago Title
Hebl Matthew J $149,000 Chicago Title Insruance Comp
Shiu Yvette -- None Available
Shiu Yvette -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decastro Mary Anne $162,011
Previous Owner Hebl Matthew J $136,800
Previous Owner Hebl Matthew J $144,027
Previous Owner Shiu Yvette $166,530
Previous Owner Shiu Yvette $185,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $165,000 -2.9% $165 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $170,000 +14.1% $170 / Sq Ft
09/18/2013 09/18/13 Sold $149,000 -5.4% $166 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
08/21/2013 08/21/13 Price Changed $157,500 -1.6% $175 / Sq Ft
06/18/2013 06/18/13 For Sale $160,000 -- $178 / 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 $2,737 $16,349 $2,613 $13,736
2023 $2,668 $12,972 $2,340 $10,632
2022 $2,668 $12,972 $2,340 $10,632
2021 $2,608 $12,971 $2,340 $10,631
2020 $2,003 $12,093 $1,459 $10,634
2019 $1,989 $13,328 $1,459 $11,869
2018 $1,954 $13,328 $1,459 $11,869
2017 $1,353 $9,662 $1,284 $8,378
2016 $1,435 $9,662 $1,284 $8,378
2015 $1,290 $9,662 $1,284 $8,378
2014 $993 $7,920 $992 $6,928
2013 $962 $7,920 $992 $6,928
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10707010

Midwest Real Estate Data (MRED)

APN: 14-08-412-040-1285