NOT LISTED FOR SALE

647 W Sheridan Rd Unit 2E Chicago, IL 60613

Lakeview East Neighborhood

Estimated Value: $256,000 - $379,000

2 Beds
1 Bath
965 Sq Ft
$316/Sq Ft Est. Value

Last Sold August 28, 2012

Last sale price $174,000 $180 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,425/month

115 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • 3-minute walk to Gill (Joseph) Park

About This Home

As of August 2012

Spacious 2bed/1bath w/ tree-top views on Sheridan. Amazing and generous entertaining space with beautiful hardwood floors, living room, dining room, new open kitchen w/ stainless steel appliances. Huge bathroom, in-unit laundry, extra storage, fitness room, & common rooftop deck w/ spectacular city views! Conveniently located by the lake, dining, shopping, transportation, dog beach & nightlife! Rental parking avail.

Last Agent to Sell the Property

Brooke Grant

Dream Town Realty Listed on: 04/10/2012

Last Buyer's Agent

Gene Biondi

Baird & Warner License #475126767

Baird & Warner

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,008

Lot Details

  • 6,316

HOA Fees

  • $409 per month

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Utilities

  • Radiator
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$4,008

Lot Details

0

HOA Fees

$409 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Type Attached: Condo
  • Unit Floor Level: 2
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Equipment: Intercom, CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 11X11
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 14X8
  • Second Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 20X14
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 8X6
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 11X7
  • Kitchen Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms

Exterior Features

  • Roof: Asphalt/Glass (Rolled)
  • Foundation: Brick, Concrete
  • Exterior Building Type: Brick

Utilities

  • Cooling: 2 (Window/Wall Unit)
  • Electricity: 100 Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 409
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: Legum & Norman

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2012
Closed on
Aug 21, 2012
Sold by
Cafiero Arthur J
Bought by
Burroughs Diane K
Seller's Agent
Brooke Grant
Dream Town Realty
Buyer's Agent
Gene Biondi
Baird & Warner
List Price
$215,000
Sold Price
$174,000
Premium/Discount to List
-$41,000
-19.07%
Current Estimated Value
$304,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,479
Avg. Annual Appreciation
4.29%
Original Mortgage
$130,500
Outstanding Balance
$93,674
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$205,984

Purchase Details

Closed on
Jan 22, 2007
Sold by
Ndir Papa
Bought by
Cafiero Arthur J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,768
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 2002
Sold by
Lowinger Daniel A
Bought by
Ndir Papa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.82%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Lesser Michael S and Rewinski Dorothy G
Bought by
Lowinger Edmund M and Lowinger Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
6.99%

Purchase Details

Closed on
Jul 1, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Lesser Michael S and Rewinski Dorothy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
8.37%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Burroughs Diane K $174,000 None Available
Cafiero Arthur J $245,000 Attorneys Title Guaranty Fun
Ndir Papa $170,000 --
Lowinger Daniel A -- --
Lowinger Edmund M $116,000 --
Lesser Michael S $82,000 --
Caster Sean C $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burroughs Diane K $130,500
Previous Owner Cafiero Arthur J $194,768
Previous Owner Ndir Papa $165,600
Previous Owner Ndir Papa $161,500
Previous Owner Lowinger Edmund M $92,800
Previous Owner Caster Sean C $79,800
Previous Owner Lesser Michael S $77,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2012 08/28/12 Sold $174,000 -7.9% $180 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
08/01/2012 08/01/12 Price Changed $189,000 -5.0% $196 / Sq Ft
05/01/2012 05/01/12 Price Changed $199,000 -7.4% $206 / Sq Ft
04/10/2012 04/10/12 For Sale $215,000 -- $223 / Sq Ft
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 $4,008 $28,311 $2,312 $25,999
2023 $3,908 $19,000 $2,067 $16,933
2022 $3,908 $19,000 $2,067 $16,933
2021 $3,820 $18,998 $2,066 $16,932
2020 $4,324 $19,409 $1,291 $18,118
2019 $4,298 $21,391 $1,291 $20,100
2018 $4,225 $21,391 $1,291 $20,100
2017 $4,196 $19,492 $1,136 $18,356
2016 $3,904 $19,492 $1,136 $18,356
2015 $3,572 $19,492 $1,136 $18,356
2014 $3,252 $17,527 $878 $16,649
2013 $3,188 $17,527 $878 $16,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08038692

Midwest Real Estate Data (MRED)

APN: 14-21-103-038-1010