SOLD AUG 15, 2024
RENTED SEP 21, 2024
561 W Stratford Place Unit 2C Chicago, IL 60657
Lakeview East Neighborhood
--
Bed
1
Bath
430
Sq Ft
$178/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Elevator
- Security Service
- Nettelhorst Elementary School Rated A-
- Intercom
- Bike Trail
About This Home
As of August 2024Lovely, updated studio in the heart of Lakeview. Close to the lake, bike paths, transportation, restaurants, shopping and everything this vibrant neighborhood has to offer. A large, well-lit foyer welcomes you with easy elevator access. Unit has a Murphy bed so living space can be maximized (mattress not included). Track lighting, spacious closets, abundant cabinet space. Each unit has its own air conditioning unit and individually controlled thermostat with heating system valve. Well-run building offers laundry facility, bike room, assigned storage unit, and when available an assigned covered/uncovered parking spot for an additional low fee. Improvements include new roof with added insulation (2021), new garage door motor (2023), boiler (2022), hallways and lobby repainted (2018), security system (2017), parking lot resurfaced (2017), new laundry room washers/dryers (2016), building front repaired/repainted (2015), newer windows and extensions (2014). No specials assessments. Building is well-maintained with low HOA fees as a result. No increase in HOA fees in over 15 years due to high reserve funds. As of June 2024, reserves are about $60,000. Investor friendly with no rental cap. Don't miss this great opportunity today!
Last Agent to Sell the Property
Century 21 Circle License #475199562 Listed on: 06/19/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,748
Year Built
- Built in 1965
HOA Fees
- $178 Monthly HOA Fees
Home Design
- Studio
- Brick Exterior Construction
Interior Spaces
- 1 Full Bathroom
- 430 Sq Ft Home
- Window Treatments
- Intercom
Parking
- 1 Parking Space
- Uncovered Parking
- Assigned Parking
Utilities
- One Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include heat, water, gas, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
- 24 Units
- Mustafa (Mike) Kurtovic Association, Phone Number (773) 878-3300
- Property managed by Prarie Shores Property Management, LLC
- Lock-and-Leave Community
- 6-Story Property
Amenities
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Pets up to 50 lbs
- Dogs and Cats Allowed
Security
- Security Service
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2024
Closed on
Sep 16, 2024
Sold by
Diep Raymond
Bought by
Diep Minh Llc
Seller's Agent
Ryan Luu
Real People Realty
Buyer's Agent
Eduardo Rodriguez
Coldwell Banker Realty
Sold Price
$1,300
Views
2
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
$146,871
Avg. Annual Appreciation
7.71%
Original Mortgage
$108,000
Interest Rate
8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 17, 2024
Closed on
Aug 15, 2024
Sold by
Sowinski Stanley A and Sowinski Ewa K
Bought by
Diep Raymond
Seller's Agent
Ryan Luu
Real People Realty
Buyer's Agent
Eduardo Rodriguez
Coldwell Banker Realty
Sold Price
$1,300
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2007
Sold by
Yacoubian Hratch R and Yacoubian Sirvart S
Bought by
Sowinski Stanley A and Sowinski Ewa K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.21%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 25, 2000
Sold by
Yacoubian Shane
Bought by
Yacoubian Hratch R and Yacoubian Sirvart S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
8.12%
Purchase Details
Closed on
Dec 29, 1997
Sold by
Krol Ruth E
Bought by
Yacoubian Shahe
Similar Homes in Chicago, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $135,000 | Proper Title | |
| Warranty Deed | $105,000 | First American Title | |
| Interfamily Deed Transfer | $40,000 | -- | |
| Warranty Deed | $29,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $108,000 | New Conventional | |
| Previous Owner | $90,000 | Unknown | |
| Previous Owner | $32,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2024 09/21/24 | Rented | $1,300 | 0.0% | -- |
| 09/10/2024 09/10/24 | Price Changed | $1,300 | -3.7% | $3 / Sq Ft |
| 09/02/2024 09/02/24 | Price Changed | $1,350 | -3.6% | $3 / Sq Ft |
| 08/17/2024 08/17/24 | For Rent | $1,400 | 0.0% | -- |
| 08/15/2024 08/15/24 | Sold | $135,000 | -6.8% | $314 / Sq Ft |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 06/20/2024 06/20/24 | For Sale | $144,900 | -- | $337 / Sq Ft |
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 | $1,793 | $11,597 | $2,493 | $9,104 |
| 2023 | $1,748 | $8,500 | $2,010 | $6,490 |
| 2022 | $1,748 | $8,500 | $2,010 | $6,490 |
| 2021 | $1,709 | $8,499 | $2,010 | $6,489 |
| 2020 | $1,782 | $7,997 | $1,326 | $6,671 |
| 2019 | $1,760 | $8,759 | $1,326 | $7,433 |
| 2018 | $1,730 | $8,759 | $1,326 | $7,433 |
| 2017 | $1,299 | $6,033 | $1,166 | $4,867 |
| 2016 | $1,300 | $6,492 | $1,166 | $5,326 |
| 2015 | $1,190 | $6,492 | $1,166 | $5,326 |
| 2014 | $1,255 | $6,765 | $954 | $5,811 |
| 2013 | $1,696 | $9,327 | $954 | $8,373 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Ryan Luu
Real People Realty
(708) 315-1752
2 in this area
154 Total Sales
-
Seller's Agent in 2024
Julie Goding
Century 21 Circle
(773) 750-9325
1 in this area
39 Total Sales
-
Seller Co-Listing Agent in 2024
Robert Teverbaugh
Century 21 Circle
(773) 203-8709
3 in this area
125 Total Sales
-
Buyer's Agent in 2024
Eduardo Rodriguez
Coldwell Banker Realty
(954) 708-8821
1 in this area
32 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12088189
APN: 14-21-306-043-1003
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