Seller's Agent in 2024
Brad Zibung
Compass
(773) 269-7609
7 in this area
232 Total Sales
605 W Arlington Place Unit 1 Chicago, IL 60614
Lincoln Park NeighborhoodEstimated Value: $339,000 - $383,000
1
Bed
1
Bath
--
Sq Ft
$240/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Wood Flooring
- Patio
- Abraham Lincoln Elementary School Rated A-
- Formal Dining Room
- 5-minute walk to North Pond Nature Sanctuary
About This Home
As of May 2024Bright, sunny and spacious first-floor 1 bed/1 bath condo in prime Lincoln Park location. Entire building was rehabbed in 2007. Plenty of room for separate living and dining rooms. In-unit washer/dryer. Kitchen features stainless steel appliances, ample cabinet space and large pantry. Hardwood floors throughout living space. Storage unit in basement. Monthly assessment of $240. 2022 tax bill of $4,113. Tenant's lease currently ends June 30th.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,113
Year Built
- Built in 1901 | Remodeled in 2007
Lot Details
- 5,227
HOA Fees
- $240 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Formal Dining Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 13 Units
- Lincoln Park Place Subdivision
- Property managed by Westward 360
- Lock-and-Leave Community
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Community Storage Space
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 23, 2024
Sold by
Mertz Morgan M and Reed Morgan M
Bought by
Mertz Morgan M and Mertz Benjamin W
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,375
Outstanding Balance
$319,943
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$40,398
Purchase Details
Listed on
Apr 30, 2024
Closed on
May 17, 2024
Sold by
Wagenbacb Michael
Bought by
Reed Morgan M
Seller's Agent
Brad Zibung
Compass
Buyer's Agent
Alexandre Stoykov
Compass
List Price
$330,000
Sold Price
$337,500
Premium/Discount to List
$7,500
2.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$327,375
Interest Rate
7.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2010
Sold by
C L S Construction Properties Llc
Bought by
Wagenbach Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
5.05%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mertz Morgan M | -- | Fidelity National Title | |
| Reed Morgan M | $337,500 | Fidelity National Title | |
| Wagenbach Michael | $274,500 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mertz Morgan M | $327,375 | |
| Previous Owner | Reed Morgan M | $327,375 | |
| Previous Owner | Wagenbach Michael | $201,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2024 05/22/24 | Sold | $337,500 | +2.3% | -- |
| 04/26/2024 04/26/24 | For Sale | $330,000 | 0.0% | -- |
| 12/17/2015 12/17/15 | Rented | $1,700 | 0.0% | -- |
| 12/14/2015 12/14/15 | Under Contract | -- | -- | -- |
| 12/08/2015 12/08/15 | For Rent | $1,700 | -- | -- |
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 | $4,220 | $32,746 | $5,234 | $27,512 |
| 2023 | $4,113 | $20,000 | $4,215 | $15,785 |
| 2022 | $4,113 | $20,000 | $4,215 | $15,785 |
| 2021 | $4,022 | $19,999 | $4,215 | $15,784 |
| 2020 | $5,210 | $23,386 | $2,529 | $20,857 |
| 2019 | $5,077 | $25,271 | $2,529 | $22,742 |
| 2018 | $4,992 | $25,271 | $2,529 | $22,742 |
| 2017 | $4,982 | $23,142 | $2,248 | $20,894 |
| 2016 | $4,635 | $23,142 | $2,248 | $20,894 |
| 2015 | $4,241 | $23,142 | $2,248 | $20,894 |
| 2014 | $4,055 | $21,856 | $1,905 | $19,951 |
| 2013 | $3,975 | $21,856 | $1,905 | $19,951 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Zibung
-
Alexandre Stoykov
Buyer's Agent in 2024
Alexandre Stoykov
Compass
(312) 593-3110
54 in this area
1,104 Total Sales
-
A
Seller's Agent in 2015
Andrew Gruesser
Kass Management Services Inc
-
h
Buyer's Agent in 2015
heather oconnor
Charles Rutenberg Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12039196
APN: 14-28-315-052-1005
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