Seller's Agent in 2023
Michael Gerhardt
REMAX PREMIER
(773) 551-1586
1 in this area
148 Total Sales
815 E Drexel Square Unit 1 Chicago, IL 60615
Hyde Park NeighborhoodEstimated Value: $293,000 - $335,000
2
Beds
2
Baths
1,700
Sq Ft
$300/mo
HOA Fee
Highlights
- Landscaped Professionally
- Wood Flooring
- Sun or Florida Room
- Kenwood Academy High School Rated A-
- Whirlpool Bathtub
- 3-minute walk to Houston Neighborhood Park
About This Home
As of August 2023Huge condo near University of Chicago. Great sunlight in this two bed two bath beauty. Hardwood floors throughout. Freshly painted. Great Sunroom on the front that works perfect for an office. 2 ample sized bedrooms including a master bed with attached full bath. Side-by-Side washer dryer Stainless appliances and huge deck off the back. Low assessments. Parking in gated lot off of the Alley. Walk to the university, Whole Foods, the Lakefront and Trader Joes and the Red Line. Not to be missed. As-Is sale please include Rider19.
Last Agent to Sell the Property
REMAX PREMIER License #475110336 Listed on: 05/31/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,363
Year Built
- Built in 1899
Lot Details
- Landscaped Professionally
HOA Fees
- $300 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,700 Sq Ft Home
- 3-Story Property
- Decorative Fireplace
- Family Room with Fireplace
- Combination Dining and Living Room
- Sun or Florida Room
- Wood Flooring
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 6 Units
- Campus Hyde Park Subdivision
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Community Storage Space
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2023
Closed on
Aug 29, 2023
Sold by
Jiang Nan
Bought by
Douglas Russo
Seller's Agent
Michael Gerhardt
RE/MAX Premier
Buyer's Agent
Stephanie Spenner
Compass
List Price
$290,000
Sold Price
$260,000
Premium/Discount to List
-$30,000
-10.34%
Views
159
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,508
Avg. Annual Appreciation
8.20%
Original Mortgage
$247,000
Outstanding Balance
$241,398
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$66,110
Purchase Details
Closed on
Aug 30, 2007
Sold by
Thompson Gayle N
Bought by
Jiang Nan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.99%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 18, 2004
Sold by
Weiss David
Bought by
Thompson Gayle
Purchase Details
Closed on
Apr 25, 2002
Sold by
Kostich Sasa and Kostich Jasna
Bought by
Weiss David J and Thompson Gayle N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
6.62%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Douglas Russo | $260,000 | Fidelity National Title | |
| Jiang Nan | $260,000 | Multiple | |
| Thompson Gayle | -- | -- | |
| Weiss David J | $198,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Douglas Russo | $247,000 | |
| Previous Owner | Jiang Nan | $150,000 | |
| Previous Owner | Weiss David J | $188,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $260,000 | -10.3% | $153 / Sq Ft |
| 08/08/2023 08/08/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $290,000 | -- | $171 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,650 | $30,848 | $7,791 | $23,057 |
| 2023 | $5,467 | $30,000 | $6,283 | $23,717 |
| 2022 | $5,467 | $30,000 | $6,283 | $23,717 |
| 2021 | $5,363 | $29,999 | $6,283 | $23,716 |
| 2020 | $3,259 | $17,731 | $5,026 | $12,705 |
| 2019 | $3,191 | $19,310 | $5,026 | $14,284 |
| 2018 | $3,136 | $19,310 | $5,026 | $14,284 |
| 2017 | $2,128 | $13,260 | $4,146 | $9,114 |
| 2016 | $2,156 | $13,260 | $4,146 | $9,114 |
| 2015 | $1,949 | $13,260 | $4,146 | $9,114 |
| 2014 | $2,103 | $13,903 | $3,392 | $10,511 |
| 2013 | $2,050 | $13,903 | $3,392 | $10,511 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Gerhardt
-
Stephanie Spenner
Buyer's Agent in 2023
Stephanie Spenner
Compass
(262) 613-8985
1 in this area
52 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11795612
APN: 20-11-300-031-1004
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