The Statesman 5601 N Sheridan Rd Unit 7C Chicago, IL 60660
Edgewater NeighborhoodEstimated Value: $126,000 - $156,000
--
Bed
1
Bath
--
Sq Ft
$365/mo
HOA Fee
Highlights
- Deck
- 4-minute walk to Bryn Mawr Station
- Storage
- Balcony
- Attached Garage
- 3-minute walk to Edgewater Dog Park
About This Home
As of November 2020Edgewater lakefront high-rise - rarely available ""Tier C" nicely decorated studio at the Statesman condominium. Bright south exposure in the living area w/ two large sliding glass doors that open to a fabulous balcony with views of the lake and park. Efficient kitchen, modern bath, neutral tone carpet. On site rental garage or parking space available, storage included. Assessments include: Heat, air conditioning, internet and cable.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $341
Year Built
- 1968
Lot Details
- 0.28
HOA Fees
- $365 per month
Parking
- Attached Garage
- Parking Available
- Assigned Parking
Home Design
- Concrete Siding
- Box Stalls
Interior Spaces
- Storage
- Door Monitored By TV
Outdoor Features
- Deck
Location
- Property is near a bus stop
Utilities
- One Cooling System Mounted To A Wall/Window
- Individual Controls for Heating
- Cable TV Available
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2020
Closed on
Oct 19, 2020
Sold by
Ferrao Ritu and Ferrao Florencio
Bought by
Tomlinson Elizabeth A and Tomlinson Susan V
Seller's Agent
Roger Joseph
Joseph Realty LTD
Buyer's Agent
Vincent Lance
Compass
List Price
$116,500
Sold Price
$100,000
Premium/Discount to List
-$16,500
-14.16%
Total Days on Market
172
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,153
Avg. Annual Appreciation
9.14%
Original Mortgage
$95,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 26, 2000
Sold by
Beyene Tsegaye and Kamberos Gigi
Bought by
Ferrao Florencio and Ferrao Ritu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.56%
Purchase Details
Closed on
Jan 15, 1999
Sold by
Leandro Ruben B
Bought by
Beyene Tsegaye and Kamberos Gigi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.04%
Purchase Details
Closed on
Jul 6, 1994
Sold by
First National Bank Of Evergreen Park
Bought by
Leandro Ruben B
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tomlinson Elizabeth A | $100,000 | First American Title Ins Co | |
| Ferrao Florencio | $68,000 | Lawyers Title Insurance Corp | |
| Beyene Tsegaye | $40,000 | Professional National Title | |
| Leandro Ruben B | $27,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tomlinson Elizabeth A | $95,000 | |
| Previous Owner | Ferrao Florencio | $125,350 | |
| Previous Owner | Ferrao Florencio | $50,000 | |
| Previous Owner | Ferrao Florencio | $50,000 | |
| Previous Owner | Beyene Tsegaye | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/23/2020 11/23/20 | Sold | $100,000 | -7.0% | -- |
| 09/08/2020 09/08/20 | Pending | -- | -- | -- |
| 08/04/2020 08/04/20 | Price Changed | $107,500 | -1.4% | -- |
| 06/23/2020 06/23/20 | Price Changed | $109,000 | -2.7% | -- |
| 04/30/2020 04/30/20 | Price Changed | $112,000 | -3.9% | -- |
| 04/01/2020 04/01/20 | For Sale | $116,500 | +16.5% | -- |
| 03/28/2020 03/28/20 | Off Market | $100,000 | -- | -- |
| 03/20/2020 03/20/20 | For Sale | $116,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $341 | $10,112 | $671 | $9,441 |
| 2023 | $341 | $8,500 | $540 | $7,960 |
| 2022 | $341 | $8,500 | $540 | $7,960 |
| 2021 | $504 | $8,499 | $539 | $7,960 |
| 2020 | $1,575 | $7,072 | $310 | $6,762 |
| 2019 | $1,572 | $7,825 | $310 | $7,515 |
| 2018 | $1,546 | $7,825 | $310 | $7,515 |
| 2017 | $1,238 | $5,750 | $269 | $5,481 |
| 2016 | $1,152 | $5,750 | $269 | $5,481 |
| 2015 | $1,054 | $5,750 | $269 | $5,481 |
| 2014 | $999 | $5,387 | $205 | $5,182 |
| 2013 | $980 | $5,387 | $205 | $5,182 |
Source: Public Records
Agents Affiliated with this Home
-
Roger Joseph
Seller's Agent in 2020
Roger Joseph
Joseph Realty LTD
(773) 230-1396
9 in this area
28 Total Sales
-
Vincent Lance
Buyer's Agent in 2020
Vincent Lance
Compass
(773) 603-6711
2 in this area
131 Total Sales
About The Statesman
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10673333
APN: 14-05-411-012-1040
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