Seller's Agent in 2024
Jeffrey Lowe
Compass
(312) 883-3030
58 in this area
1,081 Total Sales
502 W Armitage Ave Unit 3 Chicago, IL 60614
Lincoln Park NeighborhoodEstimated Value: $557,729 - $621,000
2
Beds
1
Bath
--
Sq Ft
$337/mo
HOA Fee
Highlights
- Deck
- Wood Flooring
- Stainless Steel Appliances
- Abraham Lincoln Elementary School Rated A-
- Den
- 3-minute walk to Bauler Park
About This Home
As of June 2024Welcome to this stunning 2-bedroom + den home in a highly desirable East Lincoln Park location! This sunlit residence features 10' ceilings, expansive windows, and elegant hardwood flooring. The spacious living room boasts a beautifully refurbished decorative marble fireplace and motorized blinds, leading to the versatile den/dining space. The kitchen has been completely updated and expanded offering all new white cabinets, quartz countertops, modern lighting, new appliances, a hood, and an island with a butcher block top. The generous primary bedroom features two closets and access to the spacious private back deck. The recently renovated bathroom features a new double vanity, designer lighting, Porcelanosa tiles, a large walk-in shower, and new plumbing. Additional highlights include a newer washer/dryer in the unit and additional storage in the building. Enjoy the convenience of walking distance to the lake, parks, restaurants, shopping and everything Lincoln Park has to offer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,610
Year Built
- Built in 1892
Lot Details
- 9,714
HOA Fees
- $337 Monthly HOA Fees
Parking
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 4-Story Property
- Ceiling Fan
- Decorative Fireplace
- Living Room with Fireplace
- Den
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
Schools
- Lincoln Elementary School
- Lincoln Park 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, exterior maintenance, lawn care, scavenger, snow removal
- 20 Units
- Association Phone (773) 572-0880
- Property managed by Westward 360
Amenities
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Storm Screens
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2024
Closed on
Jun 1, 2024
Sold by
Lacassagne Patrick and Pensivy Mailys
Bought by
Ames Nathaniel and Person Kelsey
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,932
Avg. Annual Appreciation
5.45%
Original Mortgage
$495,000
Outstanding Balance
$489,231
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$100,701
Purchase Details
Listed on
Jun 8, 2020
Closed on
Jul 24, 2020
Sold by
Barber Mary
Bought by
Pensivy Mailys and Lacassagne Patrick
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Elizabeth Caya
Redfin Corporation
List Price
$435,000
Sold Price
$427,500
Premium/Discount to List
-$7,500
-1.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$342,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 23, 2016
Closed on
Aug 25, 2016
Sold by
Johnson Susan M and Mcnally Susan
Bought by
Barber Mary
Seller's Agent
Eudice Fogel
Compass
Buyer's Agent
Jake Steinle
Compass
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Purchase Details
Closed on
Jul 15, 2005
Sold by
Breitwiser Kenneth Terry
Bought by
Mcnally Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 4, 2001
Sold by
Breitwiser Kenneth Terry
Bought by
Breitwiser Kenneth Terry and Kenneth Terry Breitwiser Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ames Nathaniel | $550,000 | First American Title | |
| Pensivy Mailys | $427,500 | Near North National Title | |
| Barber Mary | $375,000 | Chicago Title | |
| Mcnally Susan | $325,000 | Cti | |
| Breitwiser Kenneth Terry | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ames Nathaniel | $495,000 | |
| Previous Owner | Pensivy Mailys | $342,000 | |
| Previous Owner | Mcnally Susan | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2024 06/18/24 | Sold | $550,000 | +0.2% | -- | |
| 05/23/2024 05/23/24 | Pending | -- | -- | -- | |
| 05/13/2024 05/13/24 | For Sale | $549,000 | +28.4% | -- | |
| 07/31/2020 07/31/20 | Sold | $427,500 | -1.7% | -- | View Prior Sale |
| 06/16/2020 06/16/20 | Pending | -- | -- | -- | |
| 06/08/2020 06/08/20 | For Sale | $435,000 | +16.0% | -- | |
| 08/25/2016 08/25/16 | Sold | $375,000 | -3.6% | -- | View Prior Sale |
| 07/21/2016 07/21/16 | Pending | -- | -- | -- | |
| 06/23/2016 06/23/16 | For Sale | $389,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,806 | $43,511 | $6,792 | $36,719 |
| 2023 | $7,610 | $37,000 | $5,477 | $31,523 |
| 2022 | $7,610 | $37,000 | $5,477 | $31,523 |
| 2021 | $7,440 | $36,999 | $5,477 | $31,522 |
| 2020 | $6,999 | $31,419 | $4,819 | $26,600 |
| 2019 | $6,856 | $34,124 | $4,819 | $29,305 |
| 2018 | $6,741 | $34,124 | $4,819 | $29,305 |
| 2017 | $6,447 | $29,950 | $3,943 | $26,007 |
| 2016 | $5,499 | $29,950 | $3,943 | $26,007 |
| 2015 | $5,008 | $29,950 | $3,943 | $26,007 |
| 2014 | $4,819 | $28,543 | $2,957 | $25,586 |
| 2013 | $4,713 | $28,543 | $2,957 | $25,586 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Lowe
-
Katie Rienbolt
Seller Co-Listing Agent in 2024
Katie Rienbolt
Compass
(312) 320-3303
2 in this area
30 Total Sales
-
Grigory Pekarsky
Buyer's Agent in 2024
Grigory Pekarsky
Vesta Preferred LLC
(773) 974-8014
46 in this area
1,825 Total Sales
-
Elizabeth Caya
E
Buyer's Agent in 2020
Elizabeth Caya
Redfin Corporation
-
Eudice Fogel
Seller's Agent in 2016
Eudice Fogel
Compass
(312) 576-1200
5 in this area
170 Total Sales
-
Jayme Fogel
J
Seller Co-Listing Agent in 2016
Jayme Fogel
Compass
(312) 320-7771
2 in this area
93 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12050770
APN: 14-33-130-070-1023
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