NOT LISTED FOR SALE

8216 W Belmont Ave Unit 3CTR Chicago, IL 60634

Belmont Terrace Neighborhood

Estimated Value: $151,000 - $167,000

1 Bed
1 Bath
800 Sq Ft
$155/mo HOA Fee

Last Sold August 08, 2022

Last sale price $127,000 $159 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,216/month

11 Days on Market

Highlights

  • Walk-In Closet
  • Baseboard Heating
  • Community Storage Space
  • Living Room
  • Coin Laundry

About This Home

As of August 2022

RECENTLY REFRESHED AND READY TO MOVE-INTO, THIS JUMBO ONE BEDROOM CONDO IN DESIRED BELMONT HEIGHTS CAN BE YOURS. EVERY ROOM IS SPACIOUS IN THIS CONDO: LIVING ROOM, EAT-IN KITCHEN, MASTER BEDROOM AND WALK-IN CLOSET. FRESHLY PAINTED THROUGHOUT WITH NEW LIGHTING, NEW STOVE AND NEW RANGE HOOD. SUPER LOW ASSESSMENTS AND TAXES MAKE THIS EXTREMELY AFFORDABLE FOR ANYONE LOOKING. WHETHER AN OWNER OCCUPANT OR AN INVESTOR LOOKING TO RENT, THIS UNIT WILL NOT LAST LONG.

Last Agent to Sell the Property

Jon Zivojnovic

River Elm Properties License #471002646 Listed on: 06/26/2022

Last Buyer's Agent

Elva Martinez

HomeSmart Connect LLC License #475151213

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 1973

Lot Details

  • 9,365

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Living Room

Kitchen

  • Gas Oven
  • Range with Range Hood

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Parking

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 100 Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 9 Units
  • Mike Association

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,832

Year Built

Built in 1973

Lot Details

0

HOA Fees

$155 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: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator, Range Hood, Gas Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 800
  • Other Equipment: CO Detectors
  • Room Type: Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 124900
  • Lot Features: Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Baseboard, Radiant
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 155
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF
  • Management Contact Name: MIKE
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1831.99
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2022
Closed on
Aug 3, 2022
Sold by
Neri Catherine V and Neri Richard F
Bought by
Martinez Carmen S
Seller's Agent
Jon Zivojnovic
River Elm Properties
Buyer's Agent
Elva Martinez
HomeSmart Connect LLC
List Price
$124,900
Sold Price
$127,000
Premium/Discount to List
$2,100
1.68%
Current Estimated Value
$160,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,325
Avg. Annual Appreciation
9.34%
Original Mortgage
$5,080
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2022
Closed on
Jul 27, 2022
Sold by
Neri Richard F and Neri Catherine V
Bought by
Martineithf Carmen S
Seller's Agent
Jon Zivojnovic
River Elm Properties
Buyer's Agent
Elva Martinez
HomeSmart Connect LLC
List Price
$124,900
Sold Price
$127,000
Premium/Discount to List
$2,100
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,080
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2017
Sold by
Neri Richard F and Neri Cathrine V
Bought by
Neri Richard F and Neri Cahrine V
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
Martinez Carmen S $127,000 --
Martineithf Carmen S $127,000 None Listed On Document
Neri Richard F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Martinez Carmen S $5,080
Open Martinez Carmen S $123,190
Closed Martineithf Carmen S $123,190
Closed Martineithf Carmen S $5,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $127,000 +1.7% $159 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/26/2022 06/26/22 For Sale $124,900 -- $156 / 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 $2,530 $13,077 $2,363 $10,714
2023 $2,466 $11,985 $1,890 $10,095
2022 $2,466 $11,985 $1,890 $10,095
2021 $2,411 $11,984 $1,890 $10,094
2020 $1,832 $8,219 $1,181 $7,038
2019 $1,843 $9,166 $1,181 $7,985
2018 $1,812 $9,166 $1,181 $7,985
2017 $1,536 $7,131 $1,039 $6,092
2016 $1,429 $7,131 $1,039 $6,092
2015 $1,307 $7,131 $1,039 $6,092
2014 $1,945 $10,474 $992 $9,482
2013 $1,906 $10,474 $992 $9,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11447183

Midwest Real Estate Data (MRED)

APN: 12-23-426-035-1008