NOT LISTED FOR SALE

848 W Ainslie St Unit 3E Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $500,465 - $586,000

3 Beds
3 Baths
1,800 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $315,000 $175 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,711/month

81 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Storage
  • Wood Flooring
  • Sun or Florida Room
  • 3-minute walk to Bill Hersh Playground

About This Home

As of June 2012

Margate Park gem! Wonderful floor plan, tons of windows, beautiful cherry kitchen with s/s appliances, extra thick granite & center island. Master suite with walk-in closet, huge jacuzzi tub & separate shower. Other great features-large deck, gas FP, 2nd BR has private bath, HW floors, central heat/AC & W/D. Parking included! Tree lined street - walk to lake, transportation & Andersonville shops & restaurants!

Last Agent to Sell the Property

Christina Carmody

Fulton Grace Realty License #475135645 Listed on: 01/24/2012

Fulton Grace Realty

Last Buyer's Agent

Jack Berdan

John Berdan License #471017805

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,052

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $232 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Sun or Florida Room
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Storm Screens

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Deck

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$6,052

Lot Details

0

HOA Fees

$232 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Type Attached: Condo
  • Unit Floor Level: 3
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplaces: 1
  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Equipment: Humidifier, Security System, Intercom, CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 14X12
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 14X11
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 15X9
  • Third Bedroom Flooring: Hardwood
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Living Room Level: Main Level
  • Living Room Size: 18X15
  • Living Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 16X14
  • Kitchen Flooring: Hardwood
  • Additional Rooms: Sun/Florida Room
  • Additional Room 1 Name: Sunroom
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 11X8
  • Additional Room 1 Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: N (North), S (South), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment/Association Fees: 232
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: Self managed

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2012
Closed on
May 24, 2012
Sold by
Homulka Thomas A and Gentles Charles D
Bought by
Elliott James G and Elliott Karen
Seller's Agent
Christina Carmody
Fulton Grace Realty
Buyer's Agent
Jack Berdan
John Berdan
List Price
$339,900
Sold Price
$315,000
Premium/Discount to List
-$24,900
-7.33%
Current Estimated Value
$543,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,366
Avg. Annual Appreciation
3.46%
Original Mortgage
$252,000
Outstanding Balance
$178,042
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$315,637

Purchase Details

Closed on
Nov 30, 2005
Sold by
Bassler Millar Christopher M and Bassler Millar Sarah
Bought by
Homulka Thomas A and Gentles Charles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 2003
Sold by
Vukic Sam
Bought by
Bassler Millar Christopher M and Bassler Millar Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,900
Interest Rate
5.62%
Mortgage Type
Unknown
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
Elliott James G $315,000 Fidelity Natl Title Ins Co
Homulka Thomas A $405,000 Ticor Title Insurance Co
Bassler Millar Christopher M $364,000 Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott James G $252,000
Previous Owner Homulka Thomas A $308,500
Previous Owner Homulka Thomas A $324,000
Previous Owner Homulka Thomas A $81,000
Previous Owner Bassler Millar Christopher M $307,500
Previous Owner Bassler Millar Christopher M $305,600
Previous Owner Bassler Millar Christopher M $57,300
Previous Owner Bassler Millar Christopher M $363,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $315,000 -4.5% $175 / Sq Ft
04/14/2012 04/14/12 Pending -- -- --
02/14/2012 02/14/12 Price Changed $329,900 -2.9% $183 / Sq Ft
01/24/2012 01/24/12 For Sale $339,900 -- $189 / 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 $6,052 $46,715 $8,766 $37,949
2023 $5,878 $32,001 $7,836 $24,165
2022 $5,878 $32,001 $7,836 $24,165
2021 $5,765 $31,999 $7,835 $24,164
2020 $6,608 $32,764 $4,897 $27,867
2019 $6,566 $36,109 $4,897 $31,212
2018 $6,454 $36,109 $4,897 $31,212
2017 $5,764 $30,152 $4,309 $25,843
2016 $5,539 $30,152 $4,309 $25,843
2015 $5,045 $30,152 $4,309 $25,843
2014 $5,244 $30,833 $3,330 $27,503
2013 $5,130 $30,833 $3,330 $27,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07981596

Midwest Real Estate Data (MRED)

APN: 14-08-413-047-1007