NOT LISTED FOR SALE

7229 W Balmoral Ave Unit 7229 Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $311,000 - $355,000

2 Beds
1 Bath
919 Sq Ft
$356/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $250,000 $272 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,138/month

35 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • End Unit
  • William Howard Taft High School Rated A-
  • Whirlpool Bathtub
  • Corner Lot

About This Home

As of August 2020

Beautifully done end unit duplex-No association fee. Located in top rated Oriole Park School. Hardwood flooring throughout. Canned lighting in Living and Dining Room area. Updated Kitchen with breakfast bar, white cabinets and stainless steel appliances. Newer roof on house and garage. Full Bath with whirlpool tub and ceramic tile. Spacious Bedrooms. Master has walk-in closet. Full walk-out Basement with loads of storage. Washer and dryer stays. Enjoy the private backyard with wooded deck (sit back and relax after a long day). New front steps. Fully fenced yard-front and back. Shed for yard tools. Garage with parking pad behind it. Freshly painted and ready to move into. Steps to CTA Blue Line, Kennedy Expressway and Parks. Quick Close!!! Investors Welcome!!!

Last Agent to Sell the Property

Nancy Sliwa

Coldwell Banker Realty License #475121736 Listed on: 05/23/2020

Coldwell Banker Realty

Last Buyer's Agent

Antonieta Groza

Chicagoland Brokers, Inc. License #475127954

Chicagoland Brokers, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,997

Year Built | Renovated

  • 1943 | 2018

Lot Details

  • End Unit
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Whirlpool Bathtub
  • Deck

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,997

Year Built | Renovated

1943 | 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1943
  • Tax Exemptions: Homeowner
  • Type Attached: 1/2 Duplex, Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1943
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan
  • Basement: Full
  • Basement: Partially Finished, Exterior Access
  • Bedrooms All Levels: 2
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X10, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 919
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens, End Unit

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 80
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Park/Playground

Schools

  • School District: 299
  • Elementary School: Oriole Park Elementary School
  • High School: Taft High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125
  • Lot Description: Corner, Fenced Yard
  • Parcel Identification Number: 12122140010000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 4185.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2020
Closed on
Aug 3, 2020
Sold by
Gonzalez Carnelo
Bought by
Forro Nicolae
Seller's Agent
Nancy Sliwa
Coldwell Banker Realty
Buyer's Agent
Antonieta Groza
Chicagoland Brokers, Inc.
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Current Estimated Value
$327,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,232
Avg. Annual Appreciation
5.27%
Original Mortgage
$237,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2016
Sold by
Us Bank Na
Bought by
Gonzalez Carmelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,434
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2006
Sold by
Smaga Kevin J
Bought by
Smaga Kevin J and Rogers Debra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
9.35%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 17, 1998
Sold by
Young Elfriede M
Bought by
Smaga Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,446
Interest Rate
6.83%
Mortgage Type
FHA
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
Forro Nicolae $250,000 Attorney
Gonzalez Carmelo $180,000 Chicago Title
Smaga Kevin J -- Lakeshore Title Agency
Smaga Kevin J $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forro Nicolae $237,500
Previous Owner Gonzalez Carmelo $183,434
Previous Owner Smaga Kevin J $236,000
Previous Owner Smaga Kevin J $113,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $250,000 -3.8% $272 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $259,900 -1.5% $283 / Sq Ft
06/14/2020 06/14/20 Price Changed $263,900 -0.8% $287 / Sq Ft
06/01/2020 06/01/20 Price Changed $265,900 -1.5% $289 / Sq Ft
05/23/2020 05/23/20 For Sale $269,900 -- $294 / 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 $4,997 $21,000 $9,400 $11,600
2023 $4,850 $27,000 $7,520 $19,480
2022 $4,850 $27,000 $7,520 $19,480
2021 $4,760 $27,000 $7,520 $19,480
2020 $4,300 $22,406 $4,700 $17,706
2019 $4,258 $24,623 $4,700 $19,923
2018 $4,864 $24,623 $4,700 $19,923
2017 $4,516 $20,978 $4,136 $16,842
2016 $3,702 $20,978 $4,136 $16,842
2015 $3,566 $22,083 $4,136 $17,947
2014 $3,483 $21,343 $3,760 $17,583
2013 $3,404 $21,343 $3,760 $17,583
Source: Public Records

Agents Affiliated with this Home

  • Nancy Sliwa

    Seller's Agent in 2020

    Nancy Sliwa

    Coldwell Banker Realty

    (630) 464-0555

    3 in this area

    188 Total Sales

    Nancy Sliwa
    Section Image
  • Antonieta Groza

    Buyer's Agent in 2020

    Antonieta Groza

    Chicagoland Brokers, Inc.

    (773) 653-1810

    2 in this area

    11 Total Sales

    Antonieta Groza
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10723525

Midwest Real Estate Data (MRED)

APN: 12-12-214-001-0000

Illinois Cook County Chicago 60656 Norwood Park

7229 W Balmoral Ave Unit 7229, Chicago, IL

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