$370,000
SOLD JAN 24, 2025

5255 N Riversedge Terrace Unit 510 Chicago, IL 60630

North Park Neighborhood
3 Beds
2 Baths
1,850 Sq Ft
$575/mo HOA Fee

Recently Sold

$200 Per Sq Ft

5% Below List Price

52 Days on Market

Highlights

  • Open Floorplan
  • Whirlpool Bathtub
  • Stainless Steel Appliances
  • Taft High School Rated A-
  • End Unit
  • Balcony

About This Home

As of January 2025

Welcome to this very large (1820 sq ft) Manchester model at Rivers Edge. Extremely rare north and west facing 3 Bedroom/ 2 Bath end unit. The separate foyer leads you into a spacious (22'x14') living room that looks out to a large (16'x6') resurfaced balcony. Experience wide vistas providing beautiful scenes of nature throughout the seasons. Adjoining large dining room adds to a sense of openness. Sunlight-filled eat-in kitchen has newer stainless steel appliances and plenty of cabinets and counter space. Radiant heat throughout the unit. Very comfortable master bedroom suite affords complete privacy with its large jacuzzi bath, separate walk-in shower and long double vanity. Second bedroom has large walk-in closet and adjoins the second large full bath. Third bedroom can serve as a guest room or office. Laundry room has newer full-sized washer/dryer and separate sink. Flexicore construction. New A/C condenser and new roof in 2021. Heated garage with separate adjacent ample storage room (110" wide, 40" deep, 104' high) Extra parking in front of building. Complex provides easy access to shopping, public transportation and highway but is quietly tucked away with walking paths and gazebo. Assessments include heat and basic cable.

Last Agent to Sell the Property

Denis Girard

HomeSmart Connect LLC License #475140316 Listed on: 10/18/2024

HomeSmart Connect LLC

Last Buyer's Agent

Augusto Torres

Chicagoland Brokers, Inc. License #475158308

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,300

Year Built

  • Built in 1996

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Flexicore

Interior Spaces

  • 1,850 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Family Room
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bar In Bathroom
  • Accessibility Features
  • No Interior Steps

Schools

  • Palmer Elementary School
  • Taft High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 52 Units
  • Nathasia Burton Association, Phone Number (847) 998-0404
  • Rivers Edge Subdivision, Manchester Floorplan
  • Property managed by NS Management
  • 5-Story Property

Amenities

  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,300

Year Built

Built in 1996

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Rivers Edge
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
  • Basement: None
  • Accessibility Features: Bath Grab Bars, No Interior Steps, Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Laundry Hook-Up in Unit, Storage, Flexicore, Walk-In Closet(s), Open Floorplan
  • LivingArea: 1850
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit, Cable Access
  • List Price: 379900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 575
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: NS Management
  • Management Contact Name: Nathasia Burton
  • Management Phone: 847-998-0404X137
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Palmer Elementary School
  • High School: Taft High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5300.24
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Jan 24, 2025
Sold by
Ohara Michael Anthony and Ohara Barbara Joan
Bought by
Torres Augusto and Garcia Magdalena I
Seller's Agent
Denis Girard
HomeSmart Connect LLC
Buyer's Agent
Augusto Torres
Chicagoland Brokers, Inc.
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%
Views
36
Current Estimated Value
$395,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,474
Avg. Annual Appreciation
11.95%
Original Mortgage
$296,000
Outstanding Balance
$294,602
Interest Rate
7.28%
Mortgage Type
New Conventional
Estimated Equity
$100,872

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 25, 2019
Sold by
Graham Julie and Lino Strazz Estate
Bought by
Joan O Hara Michael Anthony and Hara Barbara Joan O
Seller's Agent
Janet Belieff
@properties Christie's International Real Estate
Buyer's Agent
Denis Girard
HomeSmart Connect LLC
List Price
$334,900
Sold Price
$303,000
Premium/Discount to List
-$31,900
-9.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$210,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 1997
Sold by
Parkway Bank & Trust Company
Bought by
Strazzabosco Lino C and Strazzabosco Mary G
Source: Public Records

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Range of Values:

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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 $370,000 None Listed On Document
Administrators Deed $303,000 Proper Title Llc
Joint Tenancy Deed $208,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $205,000 No Value Available
Previous Owner $210,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $370,000 -2.6% $200 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
12/04/2024 12/04/24 Price Changed $379,900 -2.6% $205 / Sq Ft
10/18/2024 10/18/24 For Sale $389,900 +28.7% $211 / Sq Ft
05/01/2019 05/01/19 Sold $303,000 -6.7% $166 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
03/11/2019 03/11/19 Price Changed $324,900 -3.0% $179 / Sq Ft
02/14/2019 02/14/19 For Sale $334,900 -- $184 / 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 $5,300 $36,919 $1,997 $34,922
2023 $4,987 $31,000 $1,598 $29,402
2022 $4,987 $31,000 $1,598 $29,402
2021 $5,045 $30,999 $1,597 $29,402
2020 $4,379 $25,173 $827 $24,346
2019 $5,671 $28,131 $827 $27,304
2018 $5,575 $28,131 $827 $27,304
2017 $3,438 $21,994 $741 $21,253
2016 $4,420 $21,994 $741 $21,253
2015 $4,044 $21,994 $741 $21,253
2014 $3,994 $21,447 $684 $20,763
2013 $3,092 $21,447 $684 $20,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12186589

Midwest Real Estate Data (MRED)

APN: 13-10-200-026-1109