NOT LISTED FOR SALE

516 W Oakdale Ave Unit 2W Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $647,000 - $903,000

3 Beds
2 Baths
1,775 Sq Ft
$250/mo HOA Fee

Last Sold September 15, 2015

Last sale price $585,000 $330 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,863/month

38 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Central Air
  • Nettelhorst Elementary School Rated A-

About This Home

As of September 2015

BEAUTIFUL 3BR/2BA CONDO IN ELEVATOR BLDG. FANTASTIC EAST LAKEVIEW LOCATION! SPACIOUS LR W/SEP DINING AREA. GOURMET KIT W/SS APPS, MPL CABS, GRANITE & BRKFST BAR. HDWFLRS, CROWN MOLDING, LGE MSTR STE W/2WALK-IN CLST, SPA-LIKE MSTR BA W/DBL BOWL, SEP SHWR & WHRPL. W/D IN UNIT, FPLC, DECK. VERY BRIGHT. GARAGE PKG INCL. WALK TO LAKE, RESTAURANTS, SHOPPING, PUBLIC TRANS. ROOF TOP DECK. NETTELHORST SCHOOL.

Last Agent to Sell the Property

Pamela Raia

Baird & Warner License #475148413 Listed on: 07/09/2015

Baird & Warner

Last Buyer's Agent

Kelli Johannesen

@properties Christie's International Real Estate License #475144508

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,795

Year Built

  • 2001

Lot Details

  • 7,057

HOA Fees

  • $250 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Flooring
  • Washer and Dryer Hookup

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,795

Year Built

2001

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 2
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 2001

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 20X19, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 8X6, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X14, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1775

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 250
  • Management Contact Name: A
  • Management Phone: 312-000-0000X000

Fee Information

  • Management Company: A

Schools

  • School District: 299
  • Elementary School: NETTELHORST ELEMENTARY SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14281120311006

Multi Family

  • Total Number Unitsin Building: 10
  • Number Stories: 5

Tax Info

  • Taxes: 7550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Sep 10, 2015
Sold by
Rathnakumar Avinash and Rathnakumar Maureen
Bought by
Allen Kristopher and Phelan Elizabeth
Seller's Agent
Pamela Raia
Baird & Warner
Buyer's Agent
Kelli Johannesen
@properties Christie's International Real Estate
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Current Estimated Value
$741,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,377
Avg. Annual Appreciation
2.37%
Original Mortgage
$468,000
Outstanding Balance
$365,563
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$375,814

Purchase Details

Closed on
Feb 16, 2010
Sold by
Bunnin Donald Patrick and Thornton Noley
Bought by
Rathnakumar Avinash and Rathnakumar Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2007
Sold by
Potter Julie K and Potter Jeffrey M
Bought by
Bunnin Donald Patrick and Thornton Noley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,400
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2004
Sold by
Zeglis Julie Kathryn and Potter Julie K
Bought by
Potter Jeffrey M and Potter Julie K

Purchase Details

Closed on
Dec 10, 2001
Sold by
Jasper Construction Inc
Bought by
Zeglis Julie Kathryn
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
Allen Kristopher $585,000 Baird & Warner Title Svcs In
Rathnakumar Avinash $525,000 Chicago Title Insurance Co
Bunnin Donald Patrick $553,000 Ctic
Potter Jeffrey M -- --
Zeglis Julie Kathryn $476,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Kristopher $468,000
Previous Owner Rathnakumar Avinash $417,000
Previous Owner Bunnin Donald Patrick $442,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $585,000 -2.3% $330 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $599,000 +2.4% $337 / Sq Ft
07/16/2015 07/16/15 Off Market $585,000 -- --
07/09/2015 07/09/15 For Sale $599,000 -- $337 / 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 $8,795 $55,310 $8,742 $46,568
2023 $8,552 $45,000 $7,050 $37,950
2022 $8,552 $45,000 $7,050 $37,950
2021 $8,379 $45,000 $7,050 $37,950
2020 $10,984 $52,410 $4,653 $47,757
2019 $10,844 $57,404 $4,653 $52,751
2018 $10,661 $57,404 $4,653 $52,751
2017 $9,159 $45,922 $4,089 $41,833
2016 $8,698 $45,922 $4,089 $41,833
2015 $7,934 $45,922 $4,089 $41,833
2014 $7,714 $44,144 $3,348 $40,796
2013 $7,550 $44,144 $3,348 $40,796
Source: Public Records

Agents Affiliated with this Home

  • Pamela Raia

    Seller's Agent in 2015

    Pamela Raia

    Baird Warner

    (312) 446-3148

    5 in this area

    91 Total Sales

    Pamela Raia
    Section Image

  • K

    Buyer's Agent in 2015

    Kelli Johannesen

    @ Properties

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08976830

Midwest Real Estate Data (MRED)

APN: 14-28-112-031-1006

Illinois Cook County Chicago 60657 Lakeview East

516 W Oakdale Ave Unit 2W, Chicago, IL

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