NOT LISTED FOR SALE

7225 W Higgins Ave Unit 506 Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $248,436 - $270,000

2 Beds
2 Baths
1,300 Sq Ft
$310/mo HOA Fee

Last Sold December 04, 2020

Last sale price $198,500 $153 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,963/month

19 Days on Market

Highlights

  • Heated Floors
  • 2-minute walk to Harlem Station (Blue Line - O'hare Branch)
  • Granite Countertops
  • William Howard Taft High School Rated A-
  • Open Floorplan
  • Soaking Tub

About This Home

As of December 2020

"ORIOLE PARK". Absolutely gorgeous corner penthouse unit with a beautiful balcony view of downtown Chicago.The open floor plan is ideal for entertaining and includes an expansive living & dining area, allowing plenty of space for all living room furniture,dining set and even a breakfast bar space. Tastefully updated with modern finishes. Kitchen has 42"cherry cabinets, granite countertops, breakfast bar and stainless steel appliances.Bright and spacious 2 bedrooms and 1.5 baths in this commuter's dream unit with easy access to the CTA Blue Line and Kennedy Expressway which are just one block away.Master bathroom with double vanity and shower/tub combo. Radiant floor heating. Professionally painted.Newer triple pane windows in kitchen and bedrooms and newer A/C. Well managed elevator building.Great location with nearby school, parks, restaurants and shopping. HOA includes everything except electric bill. Assigned parking #1 and visitors parking. A must see! MOVE RIGHT IN AND ENJOY!!

Last Agent to Sell the Property

Manuela Papazisi

Coldwell Banker Realty License #475121735 Listed on: 09/25/2020

Coldwell Banker Realty

Last Buyer's Agent

Caryn Miller

Coldwell Banker Realty License #475128331

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,587

Year Built | Renovated

  • 1972 | 2019

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $310 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Open Floorplan
  • Family or Dining Combination
  • Storage
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Heated Floors
  • Laminate

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray

Parking

  • Parking Available
  • Visitor Parking
  • 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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,587

Year Built | Renovated

1972 | 2019

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Unit Floor Level: 5
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1972
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Mid Rise (4-6 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1972
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Elevator, Wood Laminate Floors, Heated Floors, 1st Floor Laundry, Storage, Open Floorplan, Dining Combo, Granite Counters
  • Number Of Rooms: 5
  • Living Room: Dimensions: 26X12, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink, Full Body Spray Shower, Soaking Tub
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 16X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1300

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exposure: S (South), E (East)

Garage/Parking

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

Utilities

  • 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
  • Common Area Amenities: Coin Laundry, Elevator, Party Room
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 310
  • Management Contact Name: Zlatko Nenadic
  • Management Phone: 773-592-3262

Fee Information

  • Management Company: Northwest Terrace

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 12122020841028

Multi Family

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

Tax Info

  • Taxes: 2280.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 2, 2020
Sold by
Yzeiri Geri and Bednikova Boyka
Bought by
Nucup Ricarte N
Seller's Agent
Manuela Papazisi
Coldwell Banker Realty
Buyer's Agent
Caryn Miller
Coldwell Banker Realty
List Price
$204,900
Sold Price
$198,500
Premium/Discount to List
-$6,400
-3.12%
Current Estimated Value
$258,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,109
Avg. Annual Appreciation
5.55%
Original Mortgage
$188,575
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 28, 2019
Sold by
Cyrtmus Matthew D and Cyrtmus Bethany
Bought by
Boyka Yzeiri Geri and Boyka Bednikova
Seller's Agent
Matt Cyrtmus
ICandy Realty LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$184,500
Sold Price
$180,000
Premium/Discount to List
-$4,500
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$153,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2014
Closed on
Jun 2, 2014
Sold by
Singh Taranjeet and Singh Elizabeth
Bought by
Cyrtmus Matthew D
Seller's Agent
Jack McCabe
Coldwell Banker Residential Brokerage
Buyer's Agent
Mehmed Vulic
Core Realty & Investments Inc.
List Price
$169,900
Sold Price
$159,000
Premium/Discount to List
-$10,900
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$151,050
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2006
Sold by
Bohn Betty J
Bought by
Singh Taranjeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 28, 2006
Sold by
Wolfinger Mary
Bought by
Bohn Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 27, 2006
Sold by
Bohn Betty J
Bought by
Wolfinger Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 1994
Sold by
Kelliher Robert J
Bought by
Bohn Betty J
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
Nucup Ricarte N $198,500 Chicago Title
Boyka Yzeiri Geri $180,000 Chicago Title Company
Cyrtmus Matthew D $159,000 Ct
Singh Taranjeet $200,000 Pntn
Bohn Betty J -- Pntn
Wolfinger Mary -- None Available
Bohn Betty J $106,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nucup Ricarte N $188,575
Previous Owner Boyka Yzeiri Geri $153,000
Previous Owner Cyrtmus Matthew D $151,050
Previous Owner Singh Taranjeet $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $198,500 -3.1% $153 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $204,900 +13.8% $158 / Sq Ft
06/14/2019 06/14/19 Sold $180,000 -2.4% $148 / Sq Ft View Prior Sale
04/24/2019 04/24/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $184,500 +16.0% $151 / Sq Ft
06/03/2014 06/03/14 Sold $159,000 -6.4% $130 / Sq Ft View Prior Sale
03/30/2014 03/30/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $169,900 -- $139 / 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 $3,587 $22,341 $3,293 $19,048
2023 $3,496 $17,000 $2,634 $14,366
2022 $3,496 $17,000 $2,634 $14,366
2021 $3,418 $16,999 $2,634 $14,365
2020 $3,020 $13,556 $1,646 $11,910
2019 $2,280 $14,779 $1,646 $13,133
2018 $2,241 $14,779 $1,646 $13,133
2017 $2,077 $13,022 $1,448 $11,574
2016 $2,108 $13,022 $1,448 $11,574
2015 $1,906 $13,022 $1,448 $11,574
2014 $1,187 $8,968 $1,382 $7,586
2013 $1,153 $8,968 $1,382 $7,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10882101

Midwest Real Estate Data (MRED)

APN: 12-12-202-084-1028