NOT LISTED FOR SALE

845 W Ainslie St Unit 2W Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $394,000 - $495,000

2 Beds
2 Baths
-- Sq Ft
$216/mo HOA Fee

Last Sold June 14, 2016

Last sale price $337,500

Est. 31% increase in value since last sale

Current estimated payment $3,088/month

18 Days on Market

Highlights

  • Deck
  • Galley Kitchen
  • Central Air
  • Sun or Florida Room
  • Entrance Foyer
  • 2-minute walk to Buttercup Park

About This Home

As of June 2016

Historical Margate Park!!! close proximity to bike paths, dog park, & lake front! Custom paint throughout. Bedrooms have private/attached bathrooms. Kitchen offers stainless steel appliances, granite counter-tops, newer microwave, newer washing machine, French doors lead to a HUGE sun drenched deck overlooking the gardens of Castlewood Terrace. The condo hosts an elegant LR gorgeous complete with built-ins and wood burning fireplace (gas starter) and bright sun room. Street parking is readily available with no permits required. Parking options located across street. This is a charming home with beautiful finishes!!

Last Agent to Sell the Property

Doug Meese

Compass License #475116239 Listed on: 01/15/2016

Compass

Last Buyer's Agent

Ginger Cavalier

@properties Christie's International Real Estate License #475124359

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,630

Year Built

  • 1920

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $216 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Sun or Florida Room

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Deck

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,630

Year Built

1920

Lot Details

0

HOA Fees

$216 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1920
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X10, On Level: Main Level
  • Kitchen Type: Galley
  • Additional Rooms: Foyer, Sun/Florida Room
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Sunroom, Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 5X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Dining Room Type: Separate
  • Family Room: Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck
  • Exposure: N (North), S (South), W (West)

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails
  • Assessment Includes: Water, Common Insurance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 216
  • Management Contact Name: Condo President
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self-managed

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14084170551005

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 3

Tax Info

  • Taxes: 5,394.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Jun 1, 2016
Sold by
Brejcha Bradley L and Brejcha Les Katharine
Bought by
Phillips David and Beech Valerie
Seller's Agent
Doug Meese
Compass
Buyer's Agent
Ginger Cavalier
@properties Christie's International Real Estate
List Price
$344,900
Sold Price
$337,500
Premium/Discount to List
-$7,400
-2.15%
Current Estimated Value
$441,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,512
Avg. Annual Appreciation
1.43%

Purchase Details

Closed on
Feb 27, 2008
Sold by
Westmeyer Marc
Bought by
Brejcha Bradley L and Brejcha Les Katharine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2007
Sold by
Westmeyer Wendy L
Bought by
Westmeyer Marc R

Purchase Details

Closed on
May 21, 2004
Sold by
Bilsland Stacey L
Bought by
Westmeyer Marc and Westmeyer Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 1996
Sold by
Kerr Benton Corp
Bought by
Bilsland Stacey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
8%
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
Phillips David $337,500 None Available
Brejcha Bradley L $335,000 Cti
Westmeyer Marc R -- Cti
Westmeyer Marc $312,000 Premier Title
Bilsland Stacey L $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brejcha Bradley $255,000
Previous Owner Brejcha Bradley L $268,000
Previous Owner Westmeyer Marc $94,950
Previous Owner Westmeyer Marc $249,600
Previous Owner Bilsland Stacey L $20,000
Previous Owner Bilsland Stacey L $142,000
Previous Owner Bilsland Stacey L $145,000
Previous Owner Bilsland Stacey L $131,200
Closed Westmeyer Marc $46,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2016 06/14/16 Sold $337,500 -2.1% --
02/02/2016 02/02/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $344,900 -- --
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 $5,630 $38,749 $9,038 $29,711
2023 $6,170 $30,000 $8,078 $21,922
2022 $6,170 $30,000 $8,078 $21,922
2021 $6,033 $29,999 $8,078 $21,921
2020 $6,496 $29,161 $5,049 $24,112
2019 $6,156 $30,638 $5,049 $25,589
2018 $6,052 $30,638 $5,049 $25,589
2017 $6,869 $31,911 $4,443 $27,468
2016 $5,891 $31,911 $4,443 $27,468
2015 $5,367 $31,911 $4,443 $27,468
2014 $5,395 $29,077 $3,433 $25,644
2013 $5,288 $29,077 $3,433 $25,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09117735

Midwest Real Estate Data (MRED)

APN: 14-08-417-055-1005