NOT LISTED FOR SALE

7431 S Paxton Ave Unit 1N Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $100,000 - $208,000

2 Beds
2 Baths
1,200 Sq Ft
$200/mo HOA Fee

Last Sold March 25, 2024

Last sale price $179,000 $149 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,123/month

2 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of March 2024

Stunning 2 bedroom, 2 bath condo in South Shore, close to lake front, Hyde Park, University of Chicago. Entire building has been gut rehabbed - new roof, windows, all electrical, plumbing, mechanicals, walls, floors. Beautiful kitchens with stainless appliances and granite counters, charming dining room with glass chandelier, 2 absolutely luxurious baths, washer/dryer in unit. One parking space included. Lower-level common space for added recreation and entertainment. Welcome!

Last Agent to Sell the Property

Madelaine Gerbaulet-Vanasse

Meliora Real Estate Group LLC License #471018872 Listed on: 02/28/2024

Last Buyer's Agent

Skyler Lemons

EXIT Strategy Realty License #475196290

EXIT Strategy Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $603

Year Built

  • Built in 1914 | Remodeled in 2023

Lot Details

  • 7,405

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Off Alley Driveway
  • Off Alley Parking
  • Parking Included in Price

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, snow removal
  • 6 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$603

Year Built

Built in 1914 | Remodeled in 2023

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2023
  • Rebuilt Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 179000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Off Alley
  • ParkingTotal: 1
  • Driveway: Off Alley
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Management: Developer Controls
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Self managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 602.86
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 18, 2024
Sold by
U & E Llc
Bought by
Williams Kayla
Seller's Agent
Madelaine Gerbaulet-Vanasse
Meliora Real Estate Group LLC
Buyer's Agent
Skyler Lemons
EXIT Strategy Realty
List Price
$179,000
Sold Price
$179,000
Views
17
Current Estimated Value
$163,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,588
Avg. Annual Appreciation
-5.86%
Original Mortgage
$165,500
Outstanding Balance
$162,933
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$479

Purchase Details

Closed on
Mar 28, 2013
Sold by
Srp Trs Sub Llc
Bought by
U & E Llc

Purchase Details

Closed on
Sep 21, 2012
Sold by
Srp Sub Llc
Bought by
Srp Trs Sub Llc

Purchase Details

Closed on
May 14, 2012
Sold by
Bac Home Loans Servicing Lp
Bought by
Spt Real Estate Sub Iii Llc

Purchase Details

Closed on
Oct 18, 2011
Sold by
Huggins
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Sep 7, 2007
Sold by
Rutherford Tarryn
Bought by
Huggins William
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
Williams Kayla $179,000 Stewart Title
U & E Llc $7,500 None Available
Srp Trs Sub Llc -- First American Title Insuran
Spt Real Estate Sub Iii Llc $6,930 First American
Bac Home Loans Servicing Lp -- None Available
Huggins William -- Law Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Kayla $165,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold $179,000 0.0% $149 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $179,000 -- $149 / 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 $635 $17,814 $1,113 $16,701
2023 $617 $3,000 $1,500 $1,500
2022 $617 $3,000 $1,500 $1,500
2021 $603 $2,998 $1,499 $1,499
2020 $4,299 $19,298 $1,545 $17,753
2019 $706 $3,515 $1,545 $1,970
2018 $694 $3,515 $1,545 $1,970
2017 $432 $2,009 $1,360 $649
2016 $402 $2,009 $1,360 $649
2015 $368 $2,009 $1,360 $649
2014 $400 $2,158 $1,112 $1,046
2013 $393 $2,158 $1,112 $1,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11991937

Midwest Real Estate Data (MRED)

APN: 20-25-225-030-1001