NOT LISTED FOR SALE

5510 S Woodlawn Ave Unit 401 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $248,000 - $407,000

3 Beds
1 Bath
1,100 Sq Ft
$498/mo HOA Fee

Last Sold March 25, 2022

Last sale price $292,000 $265 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,496/month

6 Days on Market

Highlights

  • Wood Flooring
  • Party Room
  • Intercom
  • Kenwood Academy High School Rated A-
  • Formal Dining Room
  • Park

About This Home

As of March 2022

Beautifully renovated Penthouse. Keck & Keck home. On University of Chicago Campus. Assigned Parking. Best of all, almost an acre of beautifully landscaped Yard for picnics, outdoor parties and entertaining, football, volleyball, you name it! Sunny three bedroom condo beautifully renovated and designed on the corner of 55th and Woodlawn inside a quiet, gated community with parking and large side and back yard. The renovation boast a beautifully renovated kitchen with new appliances & new cabinets. There is new hardwood flooring throughout the home. The new bathroom is lovely. Home is steps away from the University of Chicago and faces east for beautiful morning and evening sunlight. Across the street from Starbucks, this Keck & Keck designed building features new, large windows in every room plus a smart floor plan maximizing space and sunlight. Wood-burning fireplace in the living room. Assigned outdoor parking space. Heat, gas and water included in assessment. Pets allowed.

Last Agent to Sell the Property

Kimberly Chase-Harding

Berkshire Hathaway HomeServices Chicago License #471007476 Listed on: 03/07/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Tijana Velarde

@properties Christie's International Real Estate License #475186218

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,119

Year Built

  • Built in 1951

Lot Details

  • 0.78

HOA Fees

  • $498 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 19 Units
  • Bebe Ferenac Association, Phone Number (773) 684-5400
  • Property managed by Marian Realty

Amenities

  • Party Room
  • Community Storage Space

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,119

Year Built

Built in 1951

Lot Details

0

HOA Fees

$498 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1951
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1100
  • Other Equipment: Intercom
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room

Exterior Features

  • List Price: 289900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Street, Visitor Parking
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 498
  • Association Amenities: Bike Room/Bike Trails, Storage, Park, Party Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Marian Realty
  • Management Contact Name: Bebe Ferenac
  • Management Phone: 773-684-5400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4119
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Mar 25, 2022
Sold by
Ho Sherwin and Ho Mary
Bought by
Budina Iva-Nicole Roumenova
Seller's Agent
Kimberly Chase-Harding
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Tijana Velarde
@properties Christie's International Real Estate
List Price
$289,900
Sold Price
$292,000
Premium/Discount to List
$2,100
0.72%
Current Estimated Value
$310,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,219
Avg. Annual Appreciation
1.70%

Purchase Details

Listed on
Jan 11, 2019
Closed on
Mar 28, 2019
Sold by
Ong Jeremy and Heise Ann
Bought by
Ho Sherwin and Paulson Mary
Seller's Agent
Kimberly Chase-Harding
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Barbara Kohut
Berkshire Hathaway HomeServices Chicago
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$180,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Boarman Leroy
Bought by
Ong Jeremy and Heise Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,125
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1997
Sold by
Graf Lloyd
Bought by
Boarman Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.54%

Purchase Details

Closed on
Aug 9, 1994
Sold by
Liao Jane
Bought by
Graf Lloyd
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Budina Iva-Nicole Roumenova $292,000 Chicago Title
Ho Sherwin $225,000 Attorney
Ong Jeremy $245,500 First American Title
Boarman Leroy $63,333 First American Title
Graf Lloyd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Sherwin $180,000
Previous Owner Ong Jeremy $184,125
Previous Owner Boarman Leroy $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $292,000 +0.7% $265 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $289,900 +28.8% $264 / Sq Ft
03/28/2019 03/28/19 Sold $225,000 -10.0% $205 / Sq Ft View Prior Sale
02/18/2019 02/18/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $249,900 -- $227 / 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 $4,446 $27,901 $12,087 $15,814
2023 $4,319 $21,000 $9,748 $11,252
2022 $4,319 $21,000 $9,748 $11,252
2021 $4,223 $20,999 $9,747 $11,252
2020 $4,112 $18,458 $7,798 $10,660
2019 $3,350 $20,101 $7,798 $12,303
2018 $3,292 $20,101 $7,798 $12,303
2017 $3,347 $18,921 $6,433 $12,488
2016 $3,289 $18,921 $6,433 $12,488
2015 $2,987 $18,921 $6,433 $12,488
2014 $1,711 $11,792 $5,263 $6,529
2013 $1,666 $11,792 $5,263 $6,529
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11340548

Midwest Real Estate Data (MRED)

APN: 20-14-106-031-1016