NOT LISTED FOR SALE

5340 N Winthrop Ave Unit 53401 Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $236,000 - $269,898

2 Beds
1 Bath
729 Sq Ft
$318/mo HOA Fee

Last Sold April 23, 2021

Last sale price $196,000 $269 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,004/month

3 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Entrance Foyer
  • Wood Flooring
  • Breakfast Bar
  • 2-minute walk to Bromann Park

About This Home

As of April 2021

The ideal first-time homebuyer purchase! This two-bedroom, one-bathroom Edgewater condo is perfect for those who don't want to sacrifice modern comforts, but appreciate a charming vintage building aesthetic. Freshly painted, this home features gleaming hardwood floors throughout and a kitchen fully equipped with all stainless steel appliances, granite countertops, and a breakfast bar. Other perks include in-unit laundry with brand new washer, central AC/heat, plus an enormous assigned storage space in the basement, which is unique to a limited number of units in the building. Fantastic location just steps away from the shopping and restaurants of Andersonville, and one block from the Berwyn Red line to keep you connected to all things Chicago. Foster Beach and Lake Michigan are also just a short distance from your doorstep. Contact us for a showing today!

Last Agent to Sell the Property

Ryan Douglas Wells

Keller Williams ONEChicago License #475155636 Listed on: 03/08/2021

Keller Williams ONEChicago

Last Buyer's Agent

Christopher Gaggero

@properties Christie's International Real Estate License #475145490

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,890

Year Renovated

  • 2006

Lot Details

  • 0.35

HOA Fees

  • $318 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Deck
  • East or West Exposure

Listing and Financial Details

  • $5,880 Seller Concession

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,890

Year Renovated

2006

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: Unknown
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2006
  • Square Footage Comments: Approx sq ft does not include 104 sf deck
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2006

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 11X16, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 9X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 5X5, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 8X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 729
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck
  • Exposure: N (North), E (East), W (West)

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
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 318
  • Management Contact Name: Self Management
  • Management Phone: 999-999-9999

Fee Information

  • Management Company: Self Management

Schools

  • School District: 299
  • Elementary School: Goudy Elementary School
  • High School: Senn Achievement Academy High Sc
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 14082070221016

Multi Family

  • Total Number Unitsin Building: 31
  • Number Stories: 3

Tax Info

  • Taxes: 3554.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 21, 2021
Sold by
Norwood Kameron and Cash Sara
Bought by
Justiniano Victor Javier Velez
Seller's Agent
Ryan Douglas Wells
Keller Williams ONEChicago
Buyer's Agent
Christopher Gaggero
@properties Christie's International Real Estate
List Price
$199,000
Sold Price
$196,000
Premium/Discount to List
-$3,000
-1.51%
Current Estimated Value
$248,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,751
Avg. Annual Appreciation
5.07%
Original Mortgage
$190,120
Outstanding Balance
$173,870
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$68,603

Purchase Details

Listed on
Mar 1, 2017
Closed on
Feb 17, 2017
Sold by
Ceralde Mark C and Hatlevig Tessie
Bought by
Norwood Kameron and Cash Sara
Seller's Agent
Patrick O'Brien
Compass
Buyer's Agent
Patrick O'Brien
Compass
Sold Price
$1,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$142,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2014
Closed on
Dec 19, 2014
Sold by
Oberdorf Daniel and Oberdorf Laura
Bought by
Ceralde Mark C and Hatlevig Tessie
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Dan Mercurio
Compass
List Price
$174,500
Sold Price
$149,500
Premium/Discount to List
-$25,000
-14.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$142,025
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2009
Sold by
Modelski Phillip A and Modelski Diane
Bought by
Oberdorf Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
5.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2008
Sold by
907 Margate Thc Llc
Bought by
Modelski Phillip A and Modelski Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
4%
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
Justiniano Victor Javier Velez $196,000 Chicago Title
Norwood Kameron $177,500 First American Title
Ceralde Mark C $149,500 None Available
Oberdorf Daniel $165,000 Cti
Modelski Phillip A -- Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Justiniano Victor Javier Velez $190,120
Previous Owner Norwood Kameron $142,000
Previous Owner Ceralde Mark C $142,025
Previous Owner Oberdorf Daniel $156,500
Previous Owner Modelski Phillip A $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $196,000 -1.5% $269 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $199,000 0.0% $273 / Sq Ft
04/17/2018 04/17/18 Rented $1,700 0.0% --
04/12/2018 04/12/18 For Rent $1,700 +1.5% --
03/18/2017 03/18/17 Rented $1,675 0.0% --
03/15/2017 03/15/17 Price Changed $1,675 -4.3% --
03/01/2017 03/01/17 For Rent $1,750 0.0% --
02/21/2017 02/21/17 Price Changed $179,900 +1.4% --
02/17/2017 02/17/17 Sold $177,500 -6.5% --
01/02/2017 01/02/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $189,900 +27.0% --
01/13/2015 01/13/15 Sold $149,500 0.0% --
10/18/2014 10/18/14 Pending -- -- --
10/13/2014 10/13/14 Price Changed $149,500 -9.1% --
09/08/2014 09/08/14 Price Changed $164,500 -5.7% --
09/02/2014 09/02/14 For Sale $174,500 -- --
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 $3,890 $19,768 $5,056 $14,712
2023 $3,792 $18,436 $4,065 $14,371
2022 $3,792 $18,436 $4,065 $14,371
2021 $3,707 $18,435 $4,064 $14,371
2020 $3,562 $15,988 $2,337 $13,651
2019 $3,554 $17,691 $2,337 $15,354
2018 $3,495 $17,691 $2,337 $15,354
2017 $1,328 $9,545 $2,032 $7,513
2016 $1,412 $9,545 $2,032 $7,513
2015 $1,268 $9,545 $2,032 $7,513
2014 $2,325 $15,101 $1,549 $13,552
2013 $2,268 $15,101 $1,549 $13,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11013929

Midwest Real Estate Data (MRED)

APN: 14-08-207-022-1016