NOT LISTED FOR SALE

7225 W Higgins Ave Unit 102 Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $179,000 - $228,000

1 Bed
1 Bath
900 Sq Ft
$238/mo HOA Fee

Last Sold May 08, 2018

Last sale price $120,000 $133 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,497/month

82 Days on Market

Highlights

  • Property is near a bus stop
  • William Howard Taft High School Rated A-
  • 2-minute walk to Harlem Station (Blue Line - O'hare Branch)

About This Home

As of May 2018

LOCATION, LOCATION, LOCATION. Large 1 bedroom with open layout and blue line across the street. Perfect condo for those working at O'Hare Airport and downtown. Restaurants nearby. 1 storage available.

Last Agent to Sell the Property

Tito Pasia

Net 1 Real Estate, Corp. License #475144432 Listed on: 01/24/2018

Last Buyer's Agent

Renata Jez-Wawrzyczek

Dream Town Real Estate License #475131433

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,954

Year Built

  • 1970

Lot Details

  • 0.8

HOA Fees

  • $238 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Location

  • Property is near a bus stop

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Lake Michigan Water

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,954

Year Built

1970

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1970
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1970

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 12X28, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 8X13, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X15, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Estimated Sq Ft: 900

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

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiant

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 238
  • Management Contact Name: Zlatko Nenadic
  • Management Phone: 773-592-3262

Fee Information

  • Management Company: Northwest Terrace Condo Assoc

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Parcel Identification Number: 12122020841002

Multi Family

  • Total Number Unitsin Building: 28
  • Number Stories: 5

Tax Info

  • Taxes: 2084.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
May 3, 2018
Sold by
Mejia Julio Alfonso and Mejia Cynthia E
Bought by
Martinez Israel
Seller's Agent
Tito Pasia
Net 1 Real Estate, Corp.
Buyer's Agent
Renata Jez-Wawrzyczek
Dream Town Real Estate
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Current Estimated Value
$193,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,413
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Merkle Clifford H and Merkle Lynn A
Bought by
Mejia Julio Alfonso and Mejia Cynthia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2008
Sold by
Merkle Clifford H and Merkle Lynn A
Bought by
Merkle Clifford H and Merkle Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 1998
Sold by
Liv Cook Mariella
Bought by
Merkle Clifford H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.99%
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
Martinez Israel $120,000 Chicago Title
Mejia Julio Alfonso $70,000 Git
Merkle Clifford H -- Nations Title Agency Inc
Merkle Clifford H $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mejia Julio Alfonso $56,000
Previous Owner Merkle Clifford H $100,000
Previous Owner Merkle Clifford H $70,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2018 05/08/18 Sold $120,000 -7.6% $133 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $129,900 -- $144 / 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 $2,954 $17,858 $2,632 $15,226
2023 $2,879 $14,000 $2,106 $11,894
2022 $2,879 $14,000 $2,106 $11,894
2021 $2,815 $13,999 $2,105 $11,894
2020 $2,414 $10,837 $1,316 $9,521
2019 $2,374 $11,814 $1,316 $10,498
2018 $2,334 $11,814 $1,316 $10,498
2017 $2,241 $10,410 $1,158 $9,252
2016 $2,085 $10,410 $1,158 $9,252
2015 $1,908 $10,410 $1,158 $9,252
2014 $2,213 $11,929 $1,105 $10,824
2013 $2,170 $11,929 $1,105 $10,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09840276

Midwest Real Estate Data (MRED)

APN: 12-12-202-084-1002