NOT LISTED FOR SALE

501 W Belmont Ave Unit 2 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $309,000 - $341,000

2 Beds
1 Bath
1,000 Sq Ft
$478/mo HOA Fee

Last Sold October 23, 2019

Last sale price $237,500 $238 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,652/month

37 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Bar
  • Nettelhorst Elementary School Rated A-
  • Stainless Steel Appliances
  • Entrance Foyer

About This Home

As of October 2019

Bright corner unit with 2 beds and 1bath just 2 blocks from the lake and Lakeview East shopping and dining. No rental cap makes it a great unit for investors. Newly renovated bathroom and modern kitchen with ss appliances, 42-inch cabinets and granite counters. Hardwood floors throughout the unit. Two large bedrooms with great light, tree top views and room for dressers. Master bedroom features a large organized closet. Rare in-unit laundry plus shared laundry facilities and a large storage closet. Shared courtyard provides space for outdoor grilling and entertaining. Nettlelhorst Elementary School District!

Last Agent to Sell the Property

Dana Benigno

@properties Christie's International Real Estate License #475170675 Listed on: 07/25/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Andy Sokol

The Sokol Group License #471004535

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,642

Year Built

  • 1913

Lot Details

  • 7,362

HOA Fees

  • $478 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator

Additional Features

  • North or South Exposure
  • Deck
  • East or West Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,642

Year Built

1913

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1913
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1913

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 4
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: Intercom, CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 3X4, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X8, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 5X4, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1000

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck
  • Exposure: N (North), E (East)

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: 1
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry, Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 478
  • Management Contact Name: Steve Cohen
  • Management Phone: 773-313-0025

Fee Information

  • Management Company: Rosen Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14281030591015

Multi Family

  • Total Number Unitsin Building: 19
  • Number Stories: 3

Tax Info

  • Taxes: 4027.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2019
Closed on
Oct 21, 2019
Sold by
Matthew David
Bought by
Sharos Alexander and Sharos George J
Seller's Agent
Dana Benigno
@properties Christie's International Real Estate
Buyer's Agent
Andy Sokol
The Sokol Group
List Price
$250,000
Sold Price
$237,500
Premium/Discount to List
-$12,500
-5%
Current Estimated Value
$323,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,032
Avg. Annual Appreciation
5.49%
Original Mortgage
$224,500
Outstanding Balance
$197,969
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$125,563

Purchase Details

Closed on
Jan 11, 2017
Sold by
Ouinlan Matthew David and Grady Ouinlan O
Bought by
Matthew David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2013
Closed on
Dec 9, 2013
Sold by
Korbecki Meghan and Eiden Meghan
Bought by
Quinlan Matthew David and Grady Quinlan O
Seller's Agent
Pamela Plotkin
Teva Realty
Buyer's Agent
Kimberly Becker
@properties Christie's International Real Estate
List Price
$234,900
Sold Price
$223,500
Premium/Discount to List
-$11,400
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Original Mortgage
$201,150
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2001
Sold by
Diloretta Jason J and Deloretta Jason J
Bought by
Diloretta Meghan E

Purchase Details

Closed on
Apr 28, 2000
Sold by
Serpico Andrea L
Bought by
Diloretta Jason J and Diloretta Meghan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
8.5%

Purchase Details

Closed on
Nov 23, 1994
Sold by
Sharp Nancy J
Bought by
Serpico Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.28%
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
Sharos Alexander $237,500 Proper Title Llc
Matthew David -- Attorney
Quinlan Matthew David $223,500 Ctic
Diloretta Meghan E -- --
Diloretta Jason J $157,000 First American Title
Serpico Andrea L $82,500 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharos Alexander $224,500
Previous Owner Matthew David $191,500
Previous Owner Quinlan Matthew David $201,150
Previous Owner Diloretta Meghan E $182,000
Previous Owner Eiden Meghan $35,000
Previous Owner Diloretta Meghan E $158,000
Previous Owner Diloretta Meghan E $150,000
Previous Owner Diloretta Jason J $142,000
Previous Owner Diloretta Jason J $141,300
Previous Owner Serpico Andrea L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2019 10/23/19 Sold $237,500 -3.1% $238 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/15/2019 08/15/19 Price Changed $245,000 -2.0% $245 / Sq Ft
07/25/2019 07/25/19 For Sale $250,000 +11.9% $250 / Sq Ft
12/13/2013 12/13/13 Sold $223,500 -4.9% $224 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
10/08/2013 10/08/13 For Sale $234,900 -- $235 / 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 $4,642 $27,309 $5,639 $21,670
2023 $4,525 $22,000 $4,547 $17,453
2022 $4,525 $22,000 $4,547 $17,453
2021 $4,424 $21,999 $4,547 $17,452
2020 $4,635 $20,808 $3,001 $17,807
2019 $3,890 $22,791 $3,001 $19,790
2018 $3,823 $22,791 $3,001 $19,790
2017 $4,027 $22,084 $2,637 $19,447
2016 $3,923 $22,084 $2,637 $19,447
2015 $3,566 $22,084 $2,637 $19,447
2014 $3,989 $24,068 $2,160 $21,908
2013 $4,377 $24,068 $2,160 $21,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10463425

Midwest Real Estate Data (MRED)

APN: 14-28-103-059-1015