NOT LISTED FOR SALE

6551 W School St Unit 306B Chicago, IL 60634

Schorsch Village Neighborhood

Estimated Value: $235,000 - $284,000

2 Beds
2 Baths
900 Sq Ft
$271/mo HOA Fee

Last Sold July 13, 2018

Last sale price $156,000 $173 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,825/month

4 Days on Market

About This Home

As of July 2018

Rarely available Arbor Lane condo! This spacious top-floor unit features a bright and sunny eat in kitchen with a skylight. Vaulted ceilings in living and dining rooms. Spacious master suite with generous closet space. In unit washer and dryer. Refrigerator and W/D only 2 yrs old. Large west-facing balcony to enjoy the afternoon sun. Low assessment includes heat and gas as well. Complex is well managed and maintained, and there are no rental restrictions. Exterior parking space #306 is included in the price. Convenient location is quiet yet steps to public transportation and shopping. A lot of home for a little money!

Last Agent to Sell the Property

Nancy Perlman

HomeSmart Connect LLC License #475144939 Listed on: 05/22/2018

HomeSmart Connect LLC

Last Buyer's Agent

Gabrielle Burja-Varga

Pro-Via Realty Corp. License #471017043

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,887

Year Built

  • 1995

Lot Details

  • 2.66

HOA Fees

  • $271 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,887

Year Built

1995

Lot Details

0

HOA Fees

$271 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 3
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1995

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X17, On Level: 3rd Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: 3rd Level
  • Kitchen Type: Dimensions: 13X12, On Level: 3rd Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X16, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: 3rd Level, Flooring: Carpet
  • Estimated Sq Ft: 900
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 271
  • Management Contact Name: Yvonne Balazik
  • Management Phone: 847-813-5939X122

Fee Information

  • Management Company: McKenzie Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 13194310341042

Multi Family

  • Total Number Unitsin Building: 90
  • Number Stories: 3

Tax Info

  • Taxes: 1582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 1, 2018
Sold by
Chicago Title Land Trust Company
Bought by
Luca Galina
Seller's Agent
Nancy Perlman
HomeSmart Connect LLC
Buyer's Agent
Gabrielle Burja-Varga
Pro-Via Realty Corp.
List Price
$150,000
Sold Price
$156,000
Premium/Discount to List
$6,000
4%
Current Estimated Value
$250,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,227
Avg. Annual Appreciation
6.70%
Original Mortgage
$124,800
Outstanding Balance
$111,224
Interest Rate
5.87%
Mortgage Type
New Conventional
Estimated Equity
$139,003

Purchase Details

Closed on
Apr 5, 2012
Sold by
Solis Aledia R
Bought by
Chicago Title Land Trust Company and Trust #8002359163

Purchase Details

Closed on
Apr 18, 2003
Sold by
Baroya Aileen Solis and Baroya Aileen
Bought by
Solis Aledia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,024
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 1995
Sold by
Parkway Bank & Trust Company
Bought by
Solis Aledia R and Baroya Aileen Solis
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
Luca Galina $156,000 Chicago Title Land Trust Com
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Solis Aledia R -- Chicago Title Insurance Comp
Solis Aledia R -- Chicago Title Insurance Comp
Solis Aledia R $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luca Galina $124,800
Previous Owner Solis Aledia R $139,024
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $156,000 +4.0% $173 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $150,000 -- $167 / 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 $2,887 $20,973 $4,577 $16,396
2023 $2,793 $17,000 $3,661 $13,339
2022 $2,793 $17,000 $3,661 $13,339
2021 $2,749 $16,999 $3,661 $13,338
2020 $2,054 $12,323 $1,634 $10,689
2019 $2,772 $13,799 $1,634 $12,165
2018 $2,726 $13,799 $1,634 $12,165
2017 $1,172 $12,792 $1,438 $11,354
2016 $1,582 $12,792 $1,438 $11,354
2015 $1,520 $12,792 $1,438 $11,354
2014 $1,935 $15,187 $1,372 $13,815
2013 $1,942 $15,187 $1,372 $13,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09958884

Midwest Real Estate Data (MRED)

APN: 13-19-431-034-1042