$125,000
SOLD JUL 23, 2020

846 W Ainslie St Unit R1 Chicago, IL 60640

Margate Park Neighborhood
1 Bed
1 Bath
650 Sq Ft
$232/mo HOA Fee

Recently Sold

$192 Per Sq Ft

3% Below List Price

17 Days on Market

About This Home

As of July 2020

Priced to sell! Beautiful courtyard views from each room. Just a few steps from the Lake, this 1 Bed/1 Bath open plan 2nd floor condo has been freshly painted with refinished hardwood flooring throughout, updated kitchen with brand new stainless steel appliances and quartz countertops, updated bathroom fixtures and modern lighting. Laundry room is located in building. Conveniently located close to Lake Shore Drive, public transportation, schools, and parks. Professionally managed building with strong reserves

Last Agent to Sell the Property

Noshin Ward

Starwood Real Estate LLC License #471017522 Listed on: 05/27/2020

Last Buyer's Agent

Dominic Irpino

IRPINO Real Estate, Inc. License #471010698

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,793

Year Built

  • 1928

HOA Fees

  • $232 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Heating Available
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,793

Year Built

1928

Lot Details

0

HOA Fees

$232 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1928
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1928

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 18X11, On Level: Main Level
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 8X8, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X10, On Level: Main Level
  • Estimated Sq Ft: 650

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Electricity: Circuit Breakers
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 232
  • Management Contact Name: Dennis Kane
  • Management Phone: 773-472-2300

Fee Information

  • Management Company: Kane Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14084130441080

Multi Family

  • Total Number Unitsin Building: 80
  • Number Stories: 3

Tax Info

  • Taxes: 986.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 6, 2020
Sold by
Golden City Investments Inc
Bought by
Oswald Kay
Seller's Agent
Noshin Ward
Starwood Real Estate LLC
Buyer's Agent
Dominic Irpino
IRPINO Real Estate, Inc.
List Price
$129,000
Sold Price
$125,000
Premium/Discount to List
-$4,000
-3.1%
Current Estimated Value
$151,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,740
Avg. Annual Appreciation
2.93%
Original Mortgage
$93,750
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2019
Sold by
Magee Kimberly R
Bought by
Golden City Investments Inc

Purchase Details

Closed on
Jul 18, 2003
Sold by
Garrett Laverne B
Bought by
Magee Kimberly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 12, 2001
Sold by
Bassett Frances
Bought by
Wilson Ruben E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,697
Interest Rate
7.13%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 Attorney
Sheriffs Deed $97,000 Attorney
Administrators Deed $105,000 First American Title
Warranty Deed $67,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $93,750 New Conventional
Previous Owner $99,750 Unknown
Previous Owner $65,697 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2020 12/05/20 Rented $995 0.0% --
10/23/2020 10/23/20 For Rent $995 0.0% --
07/23/2020 07/23/20 Sold $125,000 -3.1% $192 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $129,000 0.0% $198 / Sq Ft
08/29/2018 08/29/18 Rented $950 0.0% --
08/26/2018 08/26/18 Under Contract -- -- --
08/07/2018 08/07/18 For Rent $950 -- --
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 $1,793 $11,391 $1,513 $9,878
2023 $1,748 $8,500 $1,352 $7,148
2022 $1,748 $8,500 $1,352 $7,148
2021 $1,709 $8,499 $1,352 $7,147
2020 $1,703 $7,646 $845 $6,801
2019 $1,004 $8,428 $845 $7,583
2018 $986 $8,428 $845 $7,583
2017 $400 $5,235 $743 $4,492
2016 $548 $5,235 $743 $4,492
2015 $959 $5,235 $743 $4,492
2014 $990 $5,336 $574 $4,762
2013 $743 $4,086 $574 $3,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10726048

Midwest Real Estate Data (MRED)

APN: 14-08-413-044-1080