$330,000
SOLD SEP 16, 2016

850 W Ainslie St Unit 3W Chicago, IL 60640

Margate Park Neighborhood
2 Beds
3 Baths
1,500 Sq Ft
$215/mo HOA Fee

Recently Sold

$220 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Wood Flooring
  • Entrance Foyer
  • Southern Exposure
  • Sun or Florida Room
  • Forced Air Heating and Cooling System
  • 3-minute walk to Bill Hersh Playground

About This Home

As of September 2021

AIRY, BRIGHT & SPACIOUS CONDO ON ONE OF BEST BLOCKS IN MARGATE PARK. QUIET, ONE WAY STREET ENDS AT BEAUTIFUL PARK. THIS RECENT REHAB FEATURES HRDWD FLRS THRUOUT, A LARGE LIVING ROOM W/FPLC, EAT IN KTCHN W/SS/42'MPL CABS/GRNT CTPS. 2 FULL BTHS AND A SEP PWDR RM. MASTER STE W/JACUZZI/DBL VNTY/SEP SHWR. GST RM W/PRVT BATH, PLENTY OF CLOSETS AND STORAGE, IN UNIT LAUNDRY, LARGE DECK FOR ENTERTAINING AND PARKING INCLUDED! STEPS TO LAKE, BEACH, & CTA. (3 Express bus lines at end of block), WALK TO MARIANOS, 2 PLAY PARKS AND 2 DOG PARKS~ AMAZING LOCATION!

Last Agent to Sell the Property

Molly Boyd

Berkshire Hathaway HomeServices Chicago License #475146030 Listed on: 07/07/2016

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Thomas Secson

Dream Town Real Estate License #475135313

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,630

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $215 per month

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Gas Log Fireplace
  • Entrance Foyer
  • Sun or Florida Room
  • Wood Flooring
  • Washer and Dryer Hookup

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Eco-Friendly Details

  • North or South Exposure

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,630

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 4
  • Living Room: Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Equipment: TV-Dish, Security System, Intercom, Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Foyer, Sun/Florida Room
  • Master Bedroom: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Sunroom, Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 11X7, On Level: Main Level
  • Bedroom 2: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1500

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exposure: N (North), S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 199
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Parking, Common Insurance, Security System, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 215
  • Management Contact Name: Forth
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Forth

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14084130471003

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 4

Tax Info

  • Taxes: 5312.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 14, 2021
Sold by
Mills Richard L and Mills Amy M
Bought by
Black Cassandra
Seller's Agent
Thomas Secson
Dream Town Real Estate
Buyer's Agent
Meta Rose Torchia
@properties Christie's International Real Estate
List Price
$409,000
Sold Price
$407,500
Premium/Discount to List
-$1,500
-0.37%
Current Estimated Value
$482,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,118
Avg. Annual Appreciation
2.94%
Original Mortgage
$366,750
Outstanding Balance
$337,472
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$118,540

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 9, 2016
Sold by
Heideman Joseph T and Sweet Dianna L
Bought by
Mills Amy M and Mills Richard L
Seller's Agent
Molly Boyd
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Thomas Secson
Dream Town Real Estate
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$313,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 26, 2012
Closed on
Apr 1, 2013
Sold by
Chicago Title Land Trust Co
Bought by
Heideman Joseph T and Sweet Dianna L
Seller's Agent
Christina Carmody
Fulton Grace Realty
Buyer's Agent
Steven Acoba
Keller Williams Preferred Realty
List Price
$299,900
Sold Price
$292,500
Premium/Discount to List
-$7,400
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$277,875
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2010
Sold by
Lotus Thomas J and Sirchio Lotus Gina Marie
Bought by
Chicago Title Land Trust Company and Trust #8002354382

Purchase Details

Closed on
Dec 26, 2008
Sold by
Lotus Thomas J and Lotus Marie Gina
Bought by
Lotus Thomas J and Sirchio Lotus Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
Mcnamara Thomas A and Prosser Kelley E
Bought by
Lotus Thomas J and Sirchio Lotus Gina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.2%
Mortgage Type
New Conventional
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 $407,500 Truly Title
Warranty Deed $330,000 First American Title Insuran
Deed $292,500 None Available
Warranty Deed -- Chicago Title Land Trust Co
Interfamily Deed Transfer -- None Available
Warranty Deed $390,000 Pntn
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $366,750 New Conventional
Previous Owner $292,000 New Conventional
Previous Owner $313,500 New Conventional
Previous Owner $277,875 New Conventional
Previous Owner $313,000 New Conventional
Previous Owner $312,000 New Conventional
Previous Owner $260,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $407,500 -0.4% $272 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $409,000 +23.9% $273 / Sq Ft
09/16/2016 09/16/16 Sold $330,000 +1.5% $220 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $325,000 +11.1% $217 / Sq Ft
04/16/2013 04/16/13 Sold $292,500 -2.5% $195 / Sq Ft
02/03/2013 02/03/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $299,900 -- $200 / 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 $5,630 $43,379 $8,140 $35,239
2023 $5,467 $30,000 $7,276 $22,724
2022 $5,467 $30,000 $7,276 $22,724
2021 $6,033 $29,999 $7,275 $22,724
2020 $6,777 $30,423 $4,547 $25,876
2019 $6,737 $33,530 $4,547 $28,983
2018 $6,623 $33,530 $4,547 $28,983
2017 $6,027 $27,998 $4,001 $23,997
2016 $5,608 $27,998 $4,001 $23,997
2015 $5,131 $27,998 $4,001 $23,997
2014 $5,312 $28,631 $3,092 $25,539
2013 $4,729 $28,631 $3,092 $25,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09278887

Midwest Real Estate Data (MRED)

APN: 14-08-413-047-1003