NOT LISTED FOR SALE

5201 N Magnolia Ave Unit 1C Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $384,000 - $441,376

3 Beds
2 Baths
1,600 Sq Ft
$400/mo HOA Fee

Last Sold April 01, 2022

Last sale price $365,000 $228 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,050/month

6 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Wood Flooring
  • Formal Dining Room
  • 4-minute walk to Carmen Park

About This Home

As of April 2022

Perfectly located, bright & airy 3 bed/2 bath duplex down in the heart of Andersonville: the number 2 neighborhood in the world according to a recent article by Time Out Magazine! First floor features a large, open living/dining room, modernized kitchen with white cabinets, granite countertops and stainless steel appliances, primary bedroom and full bath. Additional features for first floor include: hardwood floors throughout, large south facing windows bringing in tons of natural light and decorative fireplace in the living room. The lower level features an additional large living space, two additional bedrooms, full bath and extra-large laundry room including sink and separate storage closet. Unit is bright throughout, freshly painted and has tons of storage! Located near all Andersonville has to offer including shops, fine dining, parks, lakefront & CTA. Easy street parking. Welcome home!

Last Agent to Sell the Property

Stephanie Pagone

Compass License #475169581 Listed on: 02/24/2022

Compass

Last Buyer's Agent

Olin Eargle

@properties Christie's International Real Estate License #475133539

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 1913 | Remodeled in 2014

Lot Details

  • 5,532

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Brick Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger
  • 6 Units
  • Lakewood Balmoral Subdivision
  • Lock-and-Leave Community

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,354

Year Built

Built in 1913 | Remodeled in 2014

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Duplex,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Duplex,Vintage
  • Subdivision Name: Lakewood Balmoral
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2014
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Storage
  • LivingArea: 1600
  • Other Equipment: Intercom, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Brick/Mortar
  • List Price: 374900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 400
  • Association Amenities: Bike Room/Bike Trails, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: n/a
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • 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: N/A

Tax Info

  • Tax Annual Amount: 6353.84
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Vlasic Thomas Philip and Tuan-Mu Lung-Chieh
Bought by
Schriver Michael and Schriver Christina
Current Estimated Value
$415,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 15, 2022
Sold by
Johnson Timothy
Bought by
Vlasic Thomas Philip and Mu Lung-Chieh Tuan
Seller's Agent
Stephanie Pagone
Compass
Buyer's Agent
Olin Eargle
@properties Christie's International Real Estate
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$346,750
Interest Rate
3.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 28, 2022
Sold by
Johnson Timothy
Bought by
Vlasic Thomas Philip and Mu Lung-Chieh Tuan
Seller's Agent
Stephanie Pagone
Compass
Buyer's Agent
Olin Eargle
@properties Christie's International Real Estate
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
3.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 23, 2022
Sold by
Johnson Timothy
Bought by
Vlasic Thomas Philip and Tuan-My Lung-Chieh
Seller's Agent
Stephanie Pagone
Compass
Buyer's Agent
Olin Eargle
@properties Christie's International Real Estate
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
3.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2014
Closed on
Mar 17, 2015
Sold by
Brandies Julie
Bought by
Johnson Timothy
Seller's Agent
Liz Lassner
@properties Christie's International Real Estate
Buyer's Agent
Katherine Otto-Sullivan
Compass
List Price
$299,900
Sold Price
$288,750
Premium/Discount to List
-$11,150
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$231,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 1999
Sold by
Aviles Marco A and Aviles Virginia A
Bought by
Diamond David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,640
Interest Rate
7.17%

Purchase Details

Closed on
Oct 29, 1993
Sold by
Transamerica Financial Services Inc
Bought by
Aviles Marco A and Aviles Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,350
Interest Rate
7%
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
Schriver Michael $385,000 None Listed On Document
Vlasic Thomas Philip -- --
Vlasic Thomas Philip -- --
Vlasic Thomas Philip -- Citywide Title
Johnson Timothy $289,000 None Available
Diamond David M $141,000 --
Aviles Marco A $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schriver Michael $365,750
Previous Owner Vlasic Thomas Philip $346,750
Previous Owner Vlasic Thomas Philip $346,750
Previous Owner Johnson Timothy $231,000
Previous Owner Brandies Julie $190,000
Previous Owner Diamond David M $112,640
Previous Owner Aviles Marco A $88,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $365,000 -2.6% $228 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $374,900 +29.8% $234 / Sq Ft
03/26/2015 03/26/15 Sold $288,750 -3.7% --
02/25/2015 02/25/15 Pending -- -- --
09/04/2014 09/04/14 For Sale $299,900 -- --
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 $36,101 $9,131 $26,970
2023 $3,821 $22,000 $7,342 $14,658
2022 $3,821 $22,000 $7,342 $14,658
2021 $4,424 $21,999 $7,341 $14,658
2020 $6,354 $28,522 $4,404 $24,118
2019 $6,290 $31,307 $4,404 $26,903
2018 $6,184 $31,307 $4,404 $26,903
2017 $5,238 $24,332 $3,854 $20,478
2016 $4,873 $24,332 $3,854 $20,478
2015 $4,459 $24,332 $3,854 $20,478
2014 $4,739 $25,543 $2,959 $22,584
2013 $4,646 $25,543 $2,959 $22,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11331914

Midwest Real Estate Data (MRED)

APN: 14-08-128-027-1003