NOT LISTED FOR SALE

510 E Oakwood Blvd Unit 2 Chicago, IL 60653

Bronzeville Neighborhood

Estimated Value: $358,000 - $395,000

3 Beds
3 Baths
2,000 Sq Ft
$276/mo HOA Fee

Last Sold November 03, 2023

Last sale price $360,000 $180 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,858/month

42 Days on Market

Highlights

  • Balcony
  • Central Air
  • Dogs and Cats Allowed
  • Entrance Foyer

About This Home

As of November 2023

Welcome to the Historic Bronzeville neighbourhood. This massive three bedroom, three bathroom, well-maintained condo is sure to impress. It boasts 11 ft ceilings and gets a ton of natural light! Enjoy living on the quiet, tree-lined street of Oakwood Blvd, walking distance to options for dining out, grocery shopping, Lake festivities, and more. This unit is move-in ready, has been freshly painted, and offers gorgeous original hardwood flooring throughout. There are two options for outdoor space; small balcony off of the living room, and an exterior deck that's nicely shaded with room for a small grill and patio furniture. The gas burning fireplace adds the perfect ambiance to the living room, and you'll also appreciate an open kitchen and dining area for guests. The primary bedroom features an ensuite bathroom, and ample amount of closet space. In-unit washer/dryer is also available for your convenience as well as an exterior parking space and storage closet. Schedule your own personal tour today!

Last Agent to Sell the Property

Monique Neal

Compass License #475177394 Listed on: 08/21/2023

Compass

Last Buyer's Agent

Marzena Frausto

Redfin Corporation License #475180812

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,379

Year Built

  • Built in 1925 | Remodeled in 2005

Lot Details

  • 8,146

HOA Fees

  • $276 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger
  • 8 Units

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,379

Year Built

Built in 1925 | Remodeled in 2005

Lot Details

0

HOA Fees

$276 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: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2005
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2005

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 2000
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 369900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 276
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: self managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 5378.84
  • Tax Year: 2021

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Oct 27, 2023
Sold by
Gustafson Charles C and Gustafson Amber J
Bought by
Siebert Matthew D and Woodsley Jaron P
Seller's Agent
Monique Neal
Compass
Buyer's Agent
Marzena Frausto
Redfin Corporation
List Price
$369,900
Sold Price
$360,000
Premium/Discount to List
-$9,900
-2.68%
Views
275
Current Estimated Value
$385,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,588
Avg. Annual Appreciation
3.51%
Original Mortgage
$342,000
Outstanding Balance
$337,876
Interest Rate
7.99%
Mortgage Type
New Conventional
Estimated Equity
$44,644

Purchase Details

Closed on
Apr 11, 2006
Sold by
510 E Oakwood Boulevard Inc
Bought by
Gustafson Charles C and Gustafson Amber J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,380
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 3, 2003
Sold by
Smith Tiesha and Dial Betty
Bought by
Norwest Bank Minnesota Na and Amresco Residential Securities Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Siebert Matthew D $360,000 First American Title
Gustafson Charles C $302,000 Attorneys Title Guaranty Fun
Norwest Bank Minnesota Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siebert Matthew D $342,000
Previous Owner Gustafson Charles C $80,500
Previous Owner Gustafson Charles C $307,000
Previous Owner Gustafson Charles C $60,380
Previous Owner Gustafson Charles C $241,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $360,000 -2.7% $180 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $369,900 -- $185 / 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 $5,649 $31,269 $3,774 $27,495
2023 $5,484 $30,000 $3,774 $26,226
2022 $5,484 $30,000 $3,774 $26,226
2021 $5,379 $29,999 $3,774 $26,225
2020 $3,070 $16,884 $1,833 $15,051
2019 $3,051 $18,617 $1,833 $16,784
2018 $2,999 $18,617 $1,833 $16,784
2017 $2,880 $16,755 $1,509 $15,246
2016 $2,856 $16,755 $1,509 $15,246
2015 $3,100 $19,539 $1,509 $18,030
2014 $2,696 $17,101 $1,293 $15,808
2013 $2,632 $17,101 $1,293 $15,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11864246

Midwest Real Estate Data (MRED)

APN: 20-03-200-051-1005