NOT LISTED FOR SALE

5225 S Drexel Ave Unit 3 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $202,471 - $233,000

2 Beds
1 Bath
1,027 Sq Ft
$233/mo HOA Fee

Last Sold December 07, 2018

Last sale price $152,500 $148 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,581/month

15 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Kenwood Academy High School Rated A-
  • 5-minute walk to Coleman (Bessie) Park

About This Home

As of December 2018

HYDE PARK, TOP FLOOR CONDO WITH GREAT MODERN FEATURES! This unit features top floor, hardwood floors, in-unit washer/dryer, central heat & AC, nice size bedrooms, lots of natural light, and extra storage unit. Kitchen features granite counters, stainless steel appliances, and nice cabinetry. Walking distance to public transit, restaurants, shops, University of Chicago, Museum of Science and Industry, Hyde Park shopping mall, and more.

Last Agent to Sell the Property

Neil Hackler

Engel & Voelkers Chicago License #475144025 Listed on: 10/09/2018

Engel & Voelkers Chicago

Co-Listed By

Amy Ganbold

Vylla Home License #475172352

Last Buyer's Agent

Matt Shrake

Coldwell Banker Real Estate Group License #475143004

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,474

Year Built

  • 1919

Lot Details

  • 0.28

HOA Fees

  • $233 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,474

Year Built

1919

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 3
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1919
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1919

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 17X16, On Level: 3rd Level, Flooring: Hardwood
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 13X8, On Level: 3rd Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: 3rd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X10, On Level: 3rd Level
  • Estimated Sq Ft: 1027

Exterior Features

  • Exterior Building Type: Brick

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 233
  • Management Contact Name: Bebe Ferenac
  • Management Phone: 773-684-5400X4

Fee Information

  • Management Company: Marian Realty

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20113070221016

Multi Family

  • Total Number Unitsin Building: 22
  • Number Stories: 3

Tax Info

  • Taxes: 1349.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Nov 30, 2018
Sold by
Zheng Lin Xiliang and Zheng Wei
Bought by
White Daniel R and Swatscheno Janet M
Seller's Agent
Neil Hackler
Engel & Voelkers Chicago
Buyer's Agent
Matt Shrake
Coldwell Banker Real Estate Group
List Price
$159,900
Sold Price
$152,500
Premium/Discount to List
-$7,400
-4.63%
Current Estimated Value
$217,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,618
Avg. Annual Appreciation
5.26%
Original Mortgage
$144,875
Outstanding Balance
$128,145
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$88,973

Purchase Details

Listed on
Sep 20, 2012
Closed on
Oct 15, 2012
Sold by
Citimortgage Inc
Bought by
Zheng Lin Xiliang and Zheng Wei
Seller's Agent
Ayoub Rabah
Coldwell Banker Realty
Buyer's Agent
Steven Rapoport
Chicago Real Estate Resources
List Price
$67,978
Sold Price
$62,500
Premium/Discount to List
-$5,478
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%

Purchase Details

Closed on
Jun 11, 2012
Sold by
Bolden Marcus
Bought by
Citimortgage Inc

Purchase Details

Closed on
Feb 1, 2008
Sold by
Drexel Properties Llc
Bought by
Bolden Marcus and Bolden Serena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.09%
Mortgage Type
Unknown
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
White Daniel R $152,500 Citywide Title Corporation
Zheng Lin Xiliang $62,500 First American Title
Citimortgage Inc -- None Available
Bolden Marcus $170,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Daniel R $144,875
Previous Owner Bolden Marcus $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2018 12/07/18 Sold $152,500 -4.6% $148 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $159,900 +155.8% $156 / Sq Ft
10/26/2012 10/26/12 Sold $62,500 -8.1% $61 / Sq Ft View Prior Sale
10/08/2012 10/08/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $67,978 -- $66 / 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 $2,474 $17,447 $3,132 $14,315
2023 $2,382 $15,000 $2,526 $12,474
2022 $2,382 $15,000 $2,526 $12,474
2021 $2,346 $14,999 $2,525 $12,474
2020 $1,577 $10,182 $2,020 $8,162
2019 $1,539 $11,088 $2,020 $9,068
2018 $1,512 $11,088 $2,020 $9,068
2017 $1,350 $9,646 $1,666 $7,980
2016 $1,432 $9,646 $1,666 $7,980
2015 $1,287 $9,646 $1,666 $7,980
2014 $1,367 $9,934 $1,363 $8,571
2013 $1,328 $9,934 $1,363 $8,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10106713

Midwest Real Estate Data (MRED)

APN: 20-11-307-022-1016