$195,000
SOLD SEP 15, 2015

5231 N Winthrop Ave Unit 2N Chicago, IL 60640

Edgewater Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
$302/mo HOA Fee

Recently Sold

$162 Per Sq Ft

25% Below List Price

307 Days on Market

Highlights

  • Deck
  • Home Office
  • Storage Room
  • Wood Flooring
  • Galley Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Unbelievable price reduction on this amazing value. Love this spacious 2BR/2BA +office in a handsome brick Edgewater 6-flat. Historic character meets modern amenities: sunlit rooms w/space to grow, master suite, cedar closets, large deck and bike room. Newer central air, furnace, hot water and in-unit laundry. Excellent transport, shopping and dining near the shores of Lake Michigan. Includes gated, deeded parking and private storage. Fantastic price in hot area! Special assessment of $147.18 through February 2016.

Last Agent to Sell the Property

David Shallow

RE/MAX Professionals Select License #475132981 Listed on: 10/03/2014

RE/MAX Professionals Select

Last Buyer's Agent

Scott Newman

Keller Williams ONEChicago License #471009246

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,642

Year Built

  • 1912

HOA Fees

  • $302 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Home Office
  • Storage Room
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • $5,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,642

Year Built

1912

Lot Details

0

HOA Fees

$302 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1912
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1912

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 14X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X7, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Galley
  • Additional Rooms: Deck, Office, Storage
  • Master Bedroom: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 7X7, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Storage, Dimensions: 11X6, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Deck, Dimensions: 10X13, On Level: Main Level, Flooring: Wood Laminate
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Parking, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 302
  • Management Phone: 773-913-8569

Fee Information

  • Management Company: Connected Property Mgmt

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14082110421002

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 1

Tax Info

  • Taxes: 3527.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 28, 2020
Sold by
Russ Patrick
Bought by
Smith Nathan D
Seller's Agent
Grigory Pekarsky
Vesta Preferred LLC
Buyer's Agent
Shlomo Arel
Kale Realty
List Price
$250,000
Sold Price
$239,000
Premium/Discount to List
-$11,000
-4.4%
Current Estimated Value
$351,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,872
Avg. Annual Appreciation
7.27%

Purchase Details

Listed on
Oct 3, 2014
Closed on
Sep 8, 2015
Sold by
Frost Sheryl L and Frost Leo Roger
Bought by
Russ Patrick
Seller's Agent
David Shallow
RE/MAX Professionals Select
Buyer's Agent
Scott Newman
Keller Williams ONEChicago
List Price
$259,000
Sold Price
$195,000
Premium/Discount to List
-$64,000
-24.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$185,250
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2010
Sold by
Leo Sheryl L and Leo Roger A
Bought by
Leo Sheryl L and Leo Roger A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2005
Sold by
Jeske Ryan and Marras Raldolph M
Bought by
Frost Sheryl L and Estate Of James Joseph Dinkel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
6.06%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 28, 2000
Sold by
Fritsch Ron and Darling David
Bought by
Dinkel James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,525
Interest Rate
12.5%
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 Type Sale Price Title Company
Warranty Deed $239,000 Attorney
Warranty Deed $195,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Executors Deed $247,000 First American
Warranty Deed $121,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,250 New Conventional
Previous Owner $184,500 New Conventional
Previous Owner $197,600 Balloon
Previous Owner $90,525 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $239,000 -4.4% $199 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $250,000 +28.2% $208 / Sq Ft
09/15/2015 09/15/15 Sold $195,000 -4.9% $163 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
07/24/2015 07/24/15 Price Changed $205,000 -6.4% $171 / Sq Ft
04/16/2015 04/16/15 Price Changed $219,000 -2.2% $183 / Sq Ft
01/19/2015 01/19/15 Price Changed $224,000 -6.3% $187 / Sq Ft
10/23/2014 10/23/14 Price Changed $239,000 -7.7% $199 / Sq Ft
10/03/2014 10/03/14 For Sale $259,000 -- $216 / 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 $4,642 $30,619 $12,552 $18,067
2023 $4,525 $22,000 $10,092 $11,908
2022 $4,525 $22,000 $10,092 $11,908
2021 $4,424 $21,999 $10,092 $11,907
2020 $3,667 $19,565 $5,802 $13,763
2019 $3,661 $21,649 $5,802 $15,847
2018 $3,598 $21,649 $5,802 $15,847
2017 $3,901 $21,499 $5,046 $16,453
2016 $3,806 $21,499 $5,046 $16,453
2015 $3,459 $21,499 $5,046 $16,453
2014 $3,527 $21,580 $3,847 $17,733
2013 $4,428 $26,975 $3,847 $23,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08744176

Midwest Real Estate Data (MRED)

APN: 14-08-211-042-1002