524 N Hermitage Ave Unit 1 Chicago, IL 60622
West Town NeighborhoodEstimated Value: $489,000 - $574,000
2
Beds
2
Baths
1,600
Sq Ft
$139/mo
HOA Fee
About This Home
As of May 2016Sold before printi
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,980
Year Built
- 2006
Lot Details
- 5,445
HOA Fees
- $139 per month
Parking
- Attached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2016
Closed on
May 31, 2016
Sold by
Nelson Justin G and Nelson Kim M
Bought by
Coombs Nicholas Evan and Talbert Briana Caitlin
Seller's Agent
Kevin Bigoness
Dream Town Real Estate
Buyer's Agent
Joe Zimmerman
Keller Williams ONEChicago
List Price
$349,000
Sold Price
$360,000
Premium/Discount to List
$11,000
3.15%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,442
Avg. Annual Appreciation
4.45%
Original Mortgage
$270,000
Outstanding Balance
$218,990
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$313,452
Purchase Details
Closed on
May 8, 2012
Sold by
Cutright Bradley and Cutright Elizabeth
Bought by
Nelson Justin M and Nelson Kim M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,250
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 2007
Sold by
Cutright Bradley and Jones Jason P
Bought by
Cutright Bradley and Cutright Elizabeth
Purchase Details
Closed on
Oct 22, 2004
Sold by
522-26 North Hermitage Corp
Bought by
Jones Jason P and Cutright Bradley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,050
Interest Rate
4.62%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Coombs Nicholas Evan | $360,000 | Chicago Title | |
| Nelson Justin M | $302,500 | Chicago Title Insurance Co | |
| Cutright Bradley | -- | Chicago Title Insurance Co | |
| Jones Jason P | $319,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Coombs Nicholas Evan | $270,000 | |
| Previous Owner | Nelson Justin M | $272,250 | |
| Previous Owner | Cutright Bradley E | $296,000 | |
| Previous Owner | Cutright Bradley | $296,000 | |
| Previous Owner | Cutright Bradley | $6,000 | |
| Previous Owner | Jones Jason P | $303,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2016 05/31/16 | Sold | $360,000 | +3.2% | $225 / Sq Ft |
| 03/16/2016 03/16/16 | Pending | -- | -- | -- |
| 03/15/2016 03/15/16 | For Sale | $349,000 | -- | $218 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,980 | $45,288 | $5,104 | $40,184 |
| 2023 | $7,980 | $42,218 | $2,329 | $39,889 |
| 2022 | $7,980 | $42,218 | $2,329 | $39,889 |
| 2021 | $7,820 | $42,218 | $2,329 | $39,889 |
| 2020 | $7,701 | $37,673 | $2,329 | $35,344 |
| 2019 | $7,646 | $41,487 | $2,329 | $39,158 |
| 2018 | $7,517 | $41,487 | $2,329 | $39,158 |
| 2017 | $6,501 | $33,576 | $2,055 | $31,521 |
| 2016 | $6,225 | $33,576 | $2,055 | $31,521 |
| 2015 | $5,672 | $33,576 | $2,055 | $31,521 |
| 2014 | $6,324 | $34,084 | $1,747 | $32,337 |
| 2013 | $6,199 | $34,084 | $1,747 | $32,337 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Bigoness
Seller's Agent in 2016
Kevin Bigoness
Dream Town Real Estate
(773) 326-6500
26 in this area
79 Total Sales
-
Joe Zimmerman
Buyer's Agent in 2016
Joe Zimmerman
Keller Williams ONEChicago
(773) 230-0826
7 in this area
243 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09166820
APN: 17-07-221-043-1001
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