NOT LISTED FOR SALE

555 Elmwood Ave Unit 3 Evanston, IL 60202

Estimated Value: $205,000 - $217,000

1 Bed
1 Bath
-- Sq Ft
$244/mo HOA Fee

Last Sold May 03, 2023

Last sale price $178,000

Est. 17% increase in value since last sale

Current estimated payment $1,725/month

4 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Stainless Steel Appliances
  • Evanston Township High School Rated A+
  • Formal Dining Room
  • 2-minute walk to Sargent Park

About This Home

As of May 2023

Get ready for summer in this lovely treetop one bedroom condo with views of Ridgeville Park. This charming place features hardwood floors throughout, 9' ceilings, a large living room with adjacent dining room which is open to the roomy kitchen with 42" maple cabinets, quartz countertops, plus all new stainless appliances. There's an entry way with double coat closet leading to the good sized bathroom. The bedroom is spacious and has room for a reading nook or office area. There's an in-unit washer/dryer. The building has an inviting outdoor patio for summer entertaining. Street parking is relatively easy. Enjoy the farmer's market and concerts across the street all summer long. Walk to Main Street shopping, restaurants and both train lines (Metra & CTA). It's not far from Northwestern University, downtown Evanston and the Lake! Welcome Home!

Last Agent to Sell the Property

Allyn Rawling

@properties Christie's International Real Estate License #471019093 Listed on: 03/30/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Altran Payne

Compass License #475146715

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,568

Year Built

  • Built in 1918 | Remodeled in 2016

Lot Details

  • 7,579

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Oakton Elementary School
  • Chute Middle School
  • Evanston Twp High School

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 15 Units
  • Elmwoodcondostuff@Gmail.Com Association, Phone Number (847) 431-2841

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,568

Year Built

Built in 1918 | Remodeled in 2016

Lot Details

0

HOA Fees

$244 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: 1918
  • Age: 100+ 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: 3
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Other Equipment: Humidifier
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 178000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 244
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Elmwoodcondostuff@gmail.com
  • Management Phone: 847-431-2841
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Oakton Elementary School
  • High School: Evanston Twp High School
  • Middle/Junior School: Chute Middle School
  • Middle/Junior School District: 65

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 3568.47
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 3, 2023
Sold by
Fane Daniel T and Fane Linda J
Bought by
Goldman Tenzin
Seller's Agent
Allyn Rawling
@properties Christie's International Real Estate
Buyer's Agent
Altran Payne
Compass
List Price
$178,000
Sold Price
$178,000
Views
57
Current Estimated Value
$208,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,904
Avg. Annual Appreciation
6.77%
Original Mortgage
$142,400
Outstanding Balance
$138,715
Interest Rate
5.63%
Mortgage Type
Construction
Estimated Equity
$67,819

Purchase Details

Closed on
Jul 1, 2020
Sold by
Magnuson Kathryn and Knotts Kathryn
Bought by
Fane Daniel T and Fane Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Romano Mariana A
Bought by
Magnuson Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2003
Sold by
551 Elmwood Development Llc
Bought by
Romano Mariana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
5%
Mortgage Type
Unknown
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
Goldman Tenzin $178,000 None Listed On Document
Fane Daniel T $145,000 Chicago Title
Magnuson Kathryn $185,000 Bt
Romano Mariana A $180,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldman Tenzin $142,400
Previous Owner Fane Daniel T $116,000
Previous Owner Magnuson Kathryn $139,400
Previous Owner Magnuson Kathryn $148,400
Previous Owner Romano Mariana A $143,900
Closed Magnuson Kathryn $27,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $178,000 0.0% --
04/04/2023 04/04/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $178,000 0.0% --
10/13/2018 10/13/18 Rented $1,395 0.0% --
09/20/2018 09/20/18 For Rent $1,395 -- --
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 $4,045 $16,490 $931 $15,559
2023 $3,880 $16,490 $931 $15,559
2022 $3,880 $16,490 $931 $15,559
2021 $3,568 $13,268 $734 $12,534
2020 $2,697 $13,268 $734 $12,534
2019 $2,686 $14,747 $734 $14,013
2018 $2,486 $12,390 $612 $11,778
2017 $2,437 $12,390 $612 $11,778
2016 $2,536 $12,390 $612 $11,778
2015 $2,871 $13,182 $514 $12,668
2014 $2,859 $13,182 $514 $12,668
2013 $2,777 $13,182 $514 $12,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11748345

Midwest Real Estate Data (MRED)

APN: 11-19-323-023-1009