NOT LISTED FOR SALE

602 W Patterson Ave Unit 3B Chicago, IL 60613

Lakeview East Neighborhood

Estimated Value: $211,000 - $287,000

1 Bed
1 Bath
-- Sq Ft
$234/mo HOA Fee

Last Sold March 25, 2015

Last sale price $151,900

Est. 62% increase in value since last sale

Current estimated payment $1,736/month

30 Days on Market

Highlights

  • Penthouse
  • Balcony
  • Resident Manager or Management On Site
  • Wood Flooring
  • Intercom
  • Entrance Foyer

About This Home

As of March 2015

Beautiful, professionally designed top floor junior 1 bedroom condo. Wood burning fireplace, exposed brick walls, Juliet balcony w/ french doors and southern exposure. Granite kitchen, espresso cabinets and breakfast bar. High ceilings, hardwood floors, custom window treatments. Extra large stone bath. Quiet tree lined street. Close to nightlife, trains, Whole Foods & lake. Rental parking nearby. Great in-town condo!

Last Agent to Sell the Property

Daniel Otto

Compass License #475125485 Listed on: 02/04/2015

Compass

Co-Listed By

Susanna Cherubin-Delisi

Compass License #471012580

Last Buyer's Agent

Jeffery Atkinson

@properties Christie's International Real Estate License #475144166

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,239

Lot Details

  • 0.28

HOA Fees

  • $234 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, scavenger, snow removal
  • 30 Units
  • Property managed by Kass

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,239

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Storage
  • Other Equipment: TV-Cable, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer
  • Stories Total: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 157900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 234
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Kass
  • Management Contact Name: n/a
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1238.98
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2015
Sold by
Anderson George E and Anderson Carole J
Bought by
Anderson Carole Jeanne
Current Estimated Value
$246,146

Purchase Details

Closed on
May 26, 2015
Sold by
Kyritsis Anthony
Bought by
Kyritsis Anthony and Velazquez William

Purchase Details

Listed on
Feb 4, 2015
Closed on
Mar 18, 2015
Sold by
Smith Ronald L
Bought by
Kyritsis Anthony
Seller's Agent
Daniel Otto
Compass
Buyer's Agent
Jeffery Atkinson
@properties Christie's International Real Estate
List Price
$157,900
Sold Price
$151,900
Premium/Discount to List
-$6,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$121,500
Outstanding Balance
$43,801
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$202,345

Purchase Details

Closed on
Aug 21, 2006
Sold by
Stengel James and Meiners Linda
Bought by
Smith Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 2004
Sold by
Larsen Douglas Bent
Bought by
Stengel James and Meiners Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,700
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2000
Sold by
Kure Darryl W
Bought by
Larsen Douglas Bent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,900
Interest Rate
8.26%
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
Anderson Carole Jeanne -- Chicago Title Insurance Co
Kyritsis Anthony -- None Available
Kyritsis Anthony $152,000 Atgf Inc
Smith Ronald L $140,000 Cti
Stengel James $102,000 First American
Larsen Douglas Bent $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kyritsis Anthony $121,500
Previous Owner Smith Ronald L $98,000
Previous Owner Stengel James $86,700
Previous Owner Larsen Douglas Bent $58,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2015 03/25/15 Sold $151,900 -3.8% --
03/06/2015 03/06/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $157,900 -- --
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 $2,532 $14,311 $2,617 $11,694
2023 $2,468 $12,000 $2,339 $9,661
2022 $2,468 $12,000 $2,339 $9,661
2021 $2,413 $11,999 $2,339 $9,660
2020 $1,715 $10,799 $1,461 $9,338
2019 $1,702 $11,902 $1,461 $10,441
2018 $1,672 $11,902 $1,461 $10,441
2017 $1,802 $11,747 $1,286 $10,461
2016 $1,853 $11,747 $1,286 $10,461
2015 $1,672 $11,747 $1,286 $10,461
2014 $1,415 $10,193 $994 $9,199
2013 -- $10,193 $994 $9,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08830695

Midwest Real Estate Data (MRED)

APN: 14-21-108-023-1020