NOT LISTED FOR SALE

7227 W Higgins Ave Unit 506 Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $196,000 - $270,000

2 Beds
2 Baths
-- Sq Ft
$305/mo HOA Fee

Last Sold December 12, 2014

Last sale price $122,000

Est. 97% increase in value since last sale

Current estimated payment $1,823/month

12 Days on Market

Highlights

  • Walk-In Pantry
  • 3-minute walk to Harlem Station (Blue Line - O'hare Branch)
  • Breakfast Bar
  • Taft High School Rated A-
  • Soaking Tub
  • Entrance Foyer

About This Home

As of December 2014

Sun-Filled 5th Floor Unit, Spacious 2 Bed/1.1 Bath. Perfect Location for Local Schools & Commuters. Newer Kitchen with SS Appls & Floors. Enjoy the Balcony & Pretty Side Yard. Heat & Gas Incl. In Assessment. Bonus Storage Rm, Party Rm & Huge Laundry Area. Parking Space #51. Rentals Allowed.

Last Agent to Sell the Property

Lisa Sanders

Keller Williams ONEChicago License #475126960 Listed on: 10/25/2014

Keller Williams ONEChicago

Last Buyer's Agent

Vince Evola

Century 21 Circle License #475130094

Century 21 Circle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,887

Lot Details

  • 0.71

HOA Fees

  • $305 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Soaking Tub
  • Entrance Foyer
  • Storage
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher

Parking

  • Parking Available
  • Visitor Parking
  • Assigned Parking

Location

  • Property is near a bus stop

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,887

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 5
  • Age: 26-30 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Property Features: Elevator, Wood Laminate Floors, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 26X12, On Level: Main Level
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X10, On Level: Main Level
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level
  • Additional Room 1 Name: Foyer, Dimensions: 5X4, On Level: Main Level
  • Bedroom 2: Dimensions: 15X12, On Level: Main Level
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK
  • Common Area Amenities: Coin Laundry, Elevator, Storage, Park/Playground, Party Room, Sundeck
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Security System, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 305
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Tom Dase Management Co.

Schools

  • School District: 299
  • Elementary School: ORIOLE PARK ELEMENTARY SCHOOL
  • High School: TAFT HIGH SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Parcel Identification Number: 12122020851028

Multi Family

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

Tax Info

  • Taxes: 2562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Hanne Scott L and Hanne Rui
Bought by
Hanne Xue Living Trust and Hanne
Current Estimated Value
$240,005

Purchase Details

Listed on
Oct 25, 2014
Closed on
Dec 12, 2014
Sold by
Kent Martha
Bought by
Hanne Scott L
Seller's Agent
Lisa Sanders
Keller Williams ONEChicago
Buyer's Agent
Vince Evola
Century 21 Circle
List Price
$127,500
Sold Price
$122,000
Premium/Discount to List
-$5,500
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$115,900
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2009
Sold by
Galvin Jerry A
Bought by
Galvin Jerry A and Galvin Krista

Purchase Details

Closed on
Apr 26, 2006
Sold by
Pachnik Ark
Bought by
Galvin Jerry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 28, 2003
Sold by
Szymonik Roxane M and Finegan Roxane
Bought by
Pachnik Ark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 1996
Sold by
Cherian Joseph
Bought by
Szymonik Roxane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.58%

Purchase Details

Closed on
Jun 24, 1994
Sold by
Muir Douglas D
Bought by
Cherian Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,710
Interest Rate
8.61%
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
Hanne Xue Living Trust -- None Listed On Document
Hanne Scott L $122,000 Saturn Title Llc
Galvin Jerry A -- Chicago Title Insurance Co
Galvin Jerry A $225,000 First American Title
Pachnik Ark $188,000 Multiple
Szymonik Roxane M $112,000 Attorneys Natl Title Network
Cherian Joseph $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanne Scott L $115,900
Previous Owner Galvin Jerry A $212,500
Previous Owner Pachnik Ark $150,400
Previous Owner Szymonik Roxane M $87,000
Previous Owner Cherian Joseph $91,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2014 12/12/14 Sold $122,000 -4.3% --
11/06/2014 11/06/14 Pending -- -- --
10/25/2014 10/25/14 For Sale $127,500 +27.5% --
04/27/2012 04/27/12 Sold $100,000 -9.1% $80 / Sq Ft View Prior Sale
02/18/2012 02/18/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $110,000 -- $88 / 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 $19,547 $2,905 $16,642
2023 $2,793 $17,000 $2,324 $14,676
2022 $2,793 $17,000 $2,324 $14,676
2021 $2,749 $16,999 $2,323 $14,676
2020 $1,875 $11,520 $1,452 $10,068
2019 $1,869 $12,734 $1,452 $11,282
2018 $1,837 $12,734 $1,452 $11,282
2017 $1,062 $8,309 $1,278 $7,031
2016 $1,164 $8,309 $1,278 $7,031
2015 $1,523 $8,309 $1,278 $7,031
2014 $2,249 $12,119 $1,219 $10,900
2013 $3,051 $16,775 $1,219 $15,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08761655

Midwest Real Estate Data (MRED)

APN: 12-12-202-085-1028