NOT LISTED FOR SALE

5937 N Magnolia Ave Unit 2 Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $367,000 - $411,561

2 Beds
2 Baths
1,255 Sq Ft
$359/mo HOA Fee

Last Sold October 28, 2022

Last sale price $342,500 $273 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,070/month

18 Days on Market

Highlights

  • Deck
  • 2-minute walk to Thorndale Station
  • Sun or Florida Room
  • Wood Flooring
  • Whirlpool Bathtub
  • 1-minute walk to Broadway Armory Park

About This Home

As of October 2022

Welcome to this immaculate + expansive 2 bed / 2 bath + den in Edgewater's Magnolia Glen neighborhood. The home's over-sized layout offers ample space, optimized functionality, and hardwood flooring throughout. Updated in 2015, the kitchen features stainless steel appliances, quartz counters, sizable island, and generous amounts of storage. Opposite of the kitchen is a dedicated dining area fit for any entertainment needs. The oversized, sun-drenched living space offers gas fireplace, picturesque neighborhood views and leads into the charming additional space perfect for home office or reading area. Large primary suite features a walk-in closet outfitted with custom Elfa organization and a fully renovated en-suite bath. Second bedroom is generously sized with access to the secondary bathroom from both the bedroom and the hallway for guests. Back deck offers additional storage units, space for seating and grilling. Well-maintained boutique, all-brick building. Close to Lakefront trailhead, the beach, Whole Foods, CTA, shopping/dining along Broadway and more.

Last Agent to Sell the Property

Elias Masud

Compass License #475163294 Listed on: 09/27/2022

Compass

Co-Listed By

Tyler Gregory

Compass License #475184645

Last Buyer's Agent

Amie Klujian

Baird & Warner License #475143024

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,726

Year Built

  • Built in 1914 | Remodeled in 2009

Lot Details

  • 7,013

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,255 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 13 Units
  • Rebecca Wales/Rwales@Cagan.Com Association, Phone Number (847) 324-8903
  • Property managed by Cagan

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,726

Year Built

Built in 1914 | Remodeled in 2009

Lot Details

0

HOA Fees

$359 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: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2009
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2009

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1255
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: Deck, Foyer, Sun Room, Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, End Unit
  • List Price: 349999
  • 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: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 359
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cagan
  • Management Contact Name: Rebecca Wales/rwales@cagan.com
  • Management Phone: 847-324-8903
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4726.23
  • Tax Year: 2020

Multi Family

  • Units in Building: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Oct 27, 2022
Sold by
Afanador Gustavo Alexis
Bought by
Coley Katherine and Coley Brian
Seller's Agent
Elias Masud
Compass
Buyer's Agent
Amie Klujian
Baird & Warner
List Price
$349,999
Sold Price
$342,500
Premium/Discount to List
-$7,499
-2.14%
Current Estimated Value
$401,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,477
Avg. Annual Appreciation
4.50%

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 13, 2021
Sold by
Ecker Keith and Calhoun Mario
Bought by
Afanador Gustavo Alexis
Seller's Agent
Jennifer Teadt-Long
@properties Christie's International Real Estate
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$299,900
Sold Price
$320,000
Premium/Discount to List
$20,100
6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$304,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2013
Closed on
Apr 22, 2013
Sold by
Vishwanat Ramesh and Vishwanat Linda
Bought by
Ecker Keith
Seller's Agent
Jane Stahmer
@properties Christie's International Real Estate
Buyer's Agent
Lynn Pufpaf
Baird & Warner
List Price
$266,500
Sold Price
$248,500
Premium/Discount to List
-$18,000
-6.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$198,800
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2006
Sold by
Kenmore Development Ltd
Bought by
Vishwanat Ramesh and Vishwanat Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
6.66%
Mortgage Type
Fannie Mae Freddie Mac
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
Coley Katherine $342,500 None Listed On Document
Afanador Gustavo Alexis $320,000 Proper Title Llc
Ecker Keith $248,500 None Available
Vishwanat Ramesh $302,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Afanador Gustavo Alexis $304,000
Previous Owner Ecker Keith $198,800
Previous Owner Vishwanat Ramesh $238,415
Previous Owner Vishwanat Ramesh $243,500
Previous Owner Vishwanat Ramesh $241,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $342,500 -2.1% $273 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $349,999 +9.4% $279 / Sq Ft
03/01/2021 03/01/21 Sold $320,000 +6.7% $255 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $299,900 +20.7% $239 / Sq Ft
04/22/2013 04/22/13 Sold $248,500 -6.8% --
02/25/2013 02/25/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $266,500 -- --
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 $6,119 $30,990 $5,099 $25,891
2023 $5,965 $29,000 $4,100 $24,900
2022 $5,965 $29,000 $4,100 $24,900
2021 $5,162 $28,999 $4,099 $24,900
2020 $4,726 $24,318 $2,357 $21,961
2019 $4,717 $26,907 $2,357 $24,550
2018 $4,636 $26,907 $2,357 $24,550
2017 $3,725 $20,679 $2,049 $18,630
2016 $3,642 $20,679 $2,049 $18,630
2015 $3,309 $20,679 $2,049 $18,630
2014 $2,797 $17,646 $1,563 $16,083
2013 $2,731 $17,646 $1,563 $16,083
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11639562

Midwest Real Estate Data (MRED)

APN: 14-05-304-014-1007