NOT LISTED FOR SALE

5485 S Cornell Ave Unit 3 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $315,000 - $448,000

3 Beds
2 Baths
1,900 Sq Ft
$671/mo HOA Fee

Last Sold May 29, 2014

Last sale price $213,000 $112 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,930/month

62 Days on Market

Highlights

  • Heated Sun or Florida Room
  • Entrance Foyer
  • 1-minute walk to Cornell Park
  • Kenwood Academy High School Rated A-

About This Home

As of May 2014

Large 3 bedroom 1 1/2 bath condo with potential to become a 4 bedroom, 2 1/2 bath home. Top floor unit has private landing that opens to large entryway. Unit also features heated sun room, spacious living room, formal dining room, large kitchen area with family and laundry rooms, and private back porch. Building has new roof, new boiler, and strong reserves. No special assessments within last 30 years. Needs some TLC

Last Agent to Sell the Property

Jennifer Tobin

Ultimate Realty Group LLC License #475155002 Listed on: 02/18/2014

Last Buyer's Agent

Jennifer Johnson

Compass License #475136085

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,956

Year Built

  • 1910

Lot Details

  • 0.26

HOA Fees

  • $671 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Decorative Fireplace
  • Entrance Foyer
  • Heated Sun or Florida Room
  • Unfinished Basement
  • English Basement

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,956

Year Built

1910

Lot Details

0

HOA Fees

$671 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 3
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1910
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X16, On Level: Main Level, Flooring: Hardwood
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Basement: English
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X5, On Level: Main Level
  • Dining Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X10, On Level: Main Level
  • Additional Rooms: Foyer, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level
  • Additional Room 1 Name: Sun/Florida Room Heated, Dimensions: 14X9, On Level: Main Level
  • Additional Room 2 Name: Foyer, Dimensions: 7X6, On Level: Main Level
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level
  • Bedroom 3: Dimensions: 15X10, On Level: Main Level
  • Estimated Sq Ft: 1900
  • Family Room: Dimensions: 11X10, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: UNK
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 671
  • Management Contact Name: Contact Broker
  • Management Phone: 999-999-9999

Fee Information

  • Management Company: Self

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Lot Description: Common Grounds
  • Parcel Identification Number: 20121130441003

Multi Family

  • Total Number Unitsin Building: 9
  • Number Stories: 3

Tax Info

  • Taxes: 2059.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 29, 2014
Sold by
Melsheimer Marsha
Bought by
Lebamoff Craig Carlton
Seller's Agent
Jennifer Tobin
Ultimate Realty Group LLC
Buyer's Agent
Jennifer Johnson
Compass
List Price
$239,000
Sold Price
$213,000
Premium/Discount to List
-$26,000
-10.88%
Current Estimated Value
$353,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,999
Avg. Annual Appreciation
4.26%
Original Mortgage
$10,650
Outstanding Balance
$8,242
Interest Rate
4.28%
Mortgage Type
Credit Line Revolving
Estimated Equity
$331,929

Purchase Details

Closed on
Aug 31, 2007
Sold by
Melsheimer John T
Bought by
Melsheimer Marsha
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
Lebamoff Craig Carlton $213,000 First American
Melsheimer Marsha -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lebamoff Craig Carlton $10,650
Closed Lebamoff Craig Carlton $10,650
Previous Owner Melsheimer Marsha $88,000
Previous Owner Melsheimer John T $30,000
Previous Owner Melsheimer John T $85,049
Previous Owner Melsheimer John T $90,000
Previous Owner Melsheimer John T $22,303
Previous Owner Melsheimer John T $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $213,000 -10.9% $112 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $239,000 -- $126 / 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 $3,956 $27,721 $8,074 $19,647
2023 $3,821 $22,001 $6,512 $15,489
2022 $3,821 $22,001 $6,512 $15,489
2021 $3,754 $21,999 $6,511 $15,488
2020 $3,491 $18,774 $5,209 $13,565
2019 $3,419 $20,445 $5,209 $15,236
2018 $4,039 $20,445 $5,209 $15,236
2017 $4,766 $22,138 $4,297 $17,841
2016 $4,434 $22,138 $4,297 $17,841
2015 $4,057 $22,138 $4,297 $17,841
2014 $2,116 $13,974 $3,516 $10,458
2013 $2,063 $13,974 $3,516 $10,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08540037

Midwest Real Estate Data (MRED)

APN: 20-12-113-044-1003