NOT LISTED FOR SALE

5425 N Paulina St Unit 1S Chicago, IL 60640

Andersonville Neighborhood

Estimated Value: $229,000 - $300,000

2 Beds
1 Bath
1,100 Sq Ft
$312/mo HOA Fee

Last Sold February 21, 2023

Last sale price $195,000 $177 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,938/month

40 Days on Market

Highlights

  • Intercom
  • Dining Room
  • Baseboard Heating
  • Living Room
  • Ceiling Fan
  • 4-minute walk to Andersonville Community Garden

About This Home

As of February 2023

Prime Andersonville location on a quiet mature tree-lined corner. Large and wide sun-filled 2 bedroom, 1 bath with in-unit laundry hookup, separate dining room, hardwood floors throughout , two large bedrooms with large closets and plenty of common living space; a combination and layout rarely found in Chicago's housing stock. Low assessment includes hot water and heat. This is a First floor (not a Garden unit!), at grade condo with north, south, east and west sun exposure in the living room. Front door leads to foyer and back door leads directly to kitchen providing the feeling of a private home with direct access and intimacy. Also includes large assigned storage space in basement, shared free washer and dryer for bigger loads, space for bikes, and a shared common deck for outside entertaining, bbq'ing and relaxation. Great proximity to variety of schools, small shops and grocers, the Andersonville farmer's market, within a short walk to three neighborhood centers: Ravenswood, Edgewater, and Andersonville. 1.5 miles to Foster Beach and Chicago's Worldclass lakefront park system. Zero thru traffic and the nearby Metra tracks at Ravenswood make this tree-lined corner location among the quietest and most tranquil in the city. Pets welcome. 2 of 15 units currently rented with no rental cap. Short term rentals are not allowed. Home needs some TLC, a touch of design flair; a perfect opportunity for the buyer, investor or flipper that knows how to add value and find a great location.

Last Agent to Sell the Property

Patrick Smith

@properties Christie's International Real Estate License #475128846 Listed on: 12/09/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Melanie Everett

Compass License #471020093

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1959 | Remodeled in 1997

Lot Details

  • 9,845

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 15 Units
  • Laura Vola Association, Phone Number (773) 929-7000
  • Low-Rise Condominium
  • Property managed by Wald Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,749

Year Built

Built in 1959 | Remodeled in 1997

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 1997
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 1997

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1100
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 215000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas, Steam, Baseboard, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 312
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Wald Management
  • Management Contact Name: Laura Vola
  • Management Phone: 773-929-7000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: NA

Tax Info

  • Tax Annual Amount: 2748.65
  • Tax Year: 2021

Multi Family

  • Units in Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 14, 2023
Sold by
Sheets Erin K
Bought by
Lugo Ronald and Silver David
Seller's Agent
Patrick Smith
@properties Christie's International Real Estate
Buyer's Agent
Melanie Everett
Compass
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%
Views
46
Current Estimated Value
$264,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,121
Avg. Annual Appreciation
11.99%
Original Mortgage
$185,250
Outstanding Balance
$179,490
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$84,631

Purchase Details

Closed on
Aug 7, 2001
Sold by
Shelton Jennifer L
Bought by
Sheets Erin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 1999
Sold by
Firstar Bank Illinois
Bought by
Shelton Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Lugo Ronald $195,000 Proper Title
Sheets Erin K $146,000 --
Shelton Jennifer L $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Ronald $185,250
Previous Owner Sheets Erin K $116,800
Previous Owner Shelton Jennifer L $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2023 02/21/23 Sold $195,000 -9.3% $177 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
12/09/2022 12/09/22 For Sale $215,000 -- $195 / 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 $2,887 $19,977 $8,322 $11,655
2023 $2,793 $17,000 $6,691 $10,309
2022 $2,793 $17,000 $6,691 $10,309
2021 $2,749 $16,999 $6,690 $10,309
2020 $2,953 $16,360 $3,847 $12,513
2019 $2,948 $18,102 $3,847 $14,255
2018 $2,897 $18,102 $3,847 $14,255
2017 $1,604 $10,828 $3,345 $7,483
2016 $1,669 $10,828 $3,345 $7,483
2015 $1,504 $10,828 $3,345 $7,483
2014 $1,835 $12,460 $2,550 $9,910
2013 $1,788 $12,460 $2,550 $9,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11686075

Midwest Real Estate Data (MRED)

APN: 14-07-209-035-1008