NOT LISTED FOR SALE

5027 N Hermitage Ave Unit 2S Chicago, IL 60640

Ravenswood Neighborhood

Estimated Value: $266,000 - $306,000

1 Bed
1 Bath
872 Sq Ft
$240/mo HOA Fee

Last Sold October 29, 2020

Last sale price $216,000 $248 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,023/month

31 Days on Market

Highlights

  • Deck
  • End Unit
  • Fenced Yard
  • Wood Flooring
  • Formal Dining Room
  • Storage

About This Home

As of October 2020

This sunny, spacious, and quiet 1-bedroom oasis is everything you could ask for in a home. Located on a quiet, tree-lined street with ample parking, just steps to the heart of downtown Andersonville. The front foyer leads into an extra-large living space with crown molding, hardwood floors, and bay windows with beautiful west-facing views of the sunny treetops offering just the right balance of privacy and sunlight. Enter into the east-facing, sunny, formal dining room through the original French doors where you can entertain guests or transform the space into a proper office for working from home since the living room is large enough to be used as a combined living and dining space without sacrificing the luxuries of an over-sized armchair or a small sectional sofa (see virtually-staged photos for examples). The bright, beautiful kitchen has granite countertops and maple cabinets with stainless steel appliances and leads out to a spacious balcony where you can have your morning coffee or enjoy dinner on a warm summer evening. The sunny bedroom could comfortably fit a king or queen-sized bed with ample space for a dresser and two side tables. The hallway is adorned with decorative built-ins, perfect for extra wardrobe or storage space, and leads into an updated bathroom that has been styled in the same gorgeous, vintage design as the rest of the home. The entire building was bought and completely remodeled in 2008, offering modern updates, including in-unit laundry, which was just replaced in 2018, and central air, while still maintaining all the beautiful millwork and style of its original 1920's design. The property has an extensive, furnished courtyard that all are welcome to use for gathering, relaxing, gardening, and entertaining. There is also an extra-large storage space exclusive to the unit. The location cannot be beaten as it's walking distance to the Argyle red line and Clark street's famous dining, shopping, and entertainment. Make an appointment now to view your new home!

Last Agent to Sell the Property

Angeline Brousseau

@properties Christie's International Real Estate License #475183104 Listed on: 08/31/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Hadley Rue

Baird & Warner License #475165252

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,956

Year Built

  • Built in 1927 | Remodeled in 2008

Lot Details

  • End Unit
  • Fenced Yard

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

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, lawn care, scavenger, snow removal
  • 18 Units
  • Manager Association, Phone Number (847) 299-5740
  • Property managed by Tairre Management Services

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,956

Year Built

Built in 1927 | Remodeled in 2008

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2008
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2008

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, End Unit
  • List Price: 223900
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

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, Number Limit, Size Limit
  • Association Fee: 240
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Tairre Management Services
  • Management Contact Name: Manager
  • Management Phone: 847-299-5740

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 2956.36
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 26, 2020
Sold by
Wasserman Elizabeth E
Bought by
Hanf Susan
Seller's Agent
Angeline Brousseau
@properties Christie's International Real Estate
Buyer's Agent
Hadley Rue
Baird & Warner
List Price
$225,000
Sold Price
$216,000
Premium/Discount to List
-$9,000
-4%
Current Estimated Value
$284,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,986
Avg. Annual Appreciation
5.72%
Original Mortgage
$183,600
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2013
Closed on
Nov 18, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wasserman Elizabeth E
Seller's Agent
Rosario Terracciano
Clickinvest, Inc.
Buyer's Agent
Monique Sandberg
@properties Christie's International Real Estate
List Price
$134,900
Sold Price
$125,500
Premium/Discount to List
-$9,400
-6.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$119,225
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2013
Sold by
Fogarty Jennifer J and Fogarty Jennifer
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 31, 2005
Sold by
Ravenswood Group Llc
Bought by
Fogarty Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,020
Interest Rate
5%
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
Hanf Susan $216,000 Proper Title Llc
Wasserman Elizabeth E $125,500 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Fogarty Jennifer J $216,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanf Susan $183,600
Previous Owner Wasserman Elizabeth E $119,225
Previous Owner Fogarty Jennifer J $173,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2020 10/29/20 Sold $216,000 -3.5% $248 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/17/2020 09/17/20 Price Changed $223,900 -0.5% $257 / Sq Ft
08/31/2020 08/31/20 For Sale $225,000 +79.3% $258 / Sq Ft
12/19/2013 12/19/13 Sold $125,500 +0.5% $144 / Sq Ft View Prior Sale
11/08/2013 11/08/13 Pending -- -- --
10/25/2013 10/25/13 Price Changed $124,900 -7.4% $143 / Sq Ft
10/24/2013 10/24/13 For Sale $134,900 +7.5% $155 / Sq Ft
09/06/2013 09/06/13 Off Market $125,500 -- --
09/03/2013 09/03/13 For Sale $159,900 +27.4% $183 / Sq Ft
09/03/2013 09/03/13 Off Market $125,500 -- --
08/05/2013 08/05/13 Price Changed $159,900 -9.6% $183 / Sq Ft
07/08/2013 07/08/13 Price Changed $176,900 -6.8% $203 / Sq Ft
06/07/2013 06/07/13 For Sale $189,900 -- $218 / 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 $3,309 $22,132 $4,890 $17,242
2023 $3,204 $19,000 $3,932 $15,068
2022 $3,204 $19,000 $3,932 $15,068
2021 $3,821 $18,999 $3,931 $15,068
2020 $2,973 $16,449 $2,359 $14,090
2019 $2,956 $18,144 $2,359 $15,785
2018 $2,905 $18,144 $2,359 $15,785
2017 $3,564 $16,555 $2,064 $14,491
2016 $3,316 $16,555 $2,064 $14,491
2015 $3,034 $16,555 $2,064 $14,491
2014 $3,271 $17,629 $1,584 $16,045
2013 $2,728 $17,629 $1,584 $16,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10840566

Midwest Real Estate Data (MRED)

APN: 14-07-414-030-1015