NOT LISTED FOR SALE

908 W Margate Terrace Unit 3E Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $520,000 - $707,302

3 Beds
3 Baths
2,200 Sq Ft
$207/mo HOA Fee

Last Sold May 24, 2021

Last sale price $530,000 $241 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,927/month

5 Days on Market

Highlights

  • Deck
  • Home Office
  • Attached Garage
  • Wood Flooring
  • First Floor Utility Room
  • 2-minute walk to Buttercup Park

About This Home

As of May 2021

Just what you have been waiting for! Rarely available, incredibly sunny, Jumbo 2000 sq. ft.+ ,Top floor, 3 bedroom/2 1/2 bath unit with large private outdoor space and attached garage on one of the most beautiful tree lined streets next to Lincoln Park. This unit has everything, 3 large bedrooms plus and office, huge Living room and huge separate dining room, and enormous kitchen. The extra large living room with attached Sunroom faces south with beautiful tree views and huge windows making it extra sunny. It includes original fireplace mantel and surround and bookcases, gas fireplace, extra tall ceilings, crown and base moldings and newly refinished hardwood floors. The primary bedroom is enormous and features a walk-in closet with organizers, a huge private bathroom with large soaking tub, separate shower, double bowl vanity, granite counters and water closet. The extra large Separate dining room is large enough to make a multi-purpose room and has the gorgeous original dining hutch and beautiful moldings throughout. The kitchen is stand-out. Tons of 42" white cabinets, beautiful two tone granite counters, stainless appliances, extra large under mounted kitchen sink, & large pantry with organized shelves. Other wonderful special interior features include, original sold oak doors, custom door hardware, Crown, window and base moldings throughout, custom lighting fixtures, custom window treatments, closet organizers in every closet, refinished hardwood floors, Large laundry area with side by side washer/dryer, huge Den that opens to Large sunny private deck and an extra 400 sq. ft. extra storage space in basement. The garage is extra special as it is attached to the building so no need to go outside. The location is amazing! 1/2 block to Lincoln Park, a dog park, the beach and express buses and only 2 blocks to the red line el. Tons of wonderful restaurants and cafes abound within walking distance and the street is a wonderfully quiet one way street.

Last Agent to Sell the Property

Todd Szwajkowski

Baird & Warner License #471010496 Listed on: 04/21/2021

Baird & Warner

Co-Listed By

Ted Mortellaro

Baird & Warner License #475155325

Last Buyer's Agent

Stephanie Malmquist

Cross Street Real Estate License #475168889

Cross Street Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,853

Year Built

  • 1920

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $207 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof
  • Aluminum Siding

Interior Spaces

  • Gas Log Fireplace
  • Home Office
  • First Floor Utility Room
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • Deck
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,853

Year Built

1920

Lot Details

0

HOA Fees

$207 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Unit Floor Level: 3
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1920
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Vintage, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 22X21, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X21, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office, Deck, Walk In Closet, Utility Room-1st Floor
  • Master Bedroom: Dimensions: 16X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Deck, Dimensions: 12X13, On Level: Main Level
  • Bedroom 2: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Walk in Closet, Dimensions: 6X7, On Level: Main Level
  • Bedroom 3: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Utility Room-1st Floor, Dimensions: 11X2, On Level: Main Level
  • Estimated Sq Ft: 2200
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Rubber
  • Exterior Property Features: Deck
  • Exposure: N (North), S (South), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 207
  • Management Contact Name: Call Listing Broker
  • 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: 14084120391006

Multi Family

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

Tax Info

  • Taxes: 6074.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 20, 2021
Sold by
Slater Jared and Slater Anna
Bought by
Garcia Yusef F and Christensen Adam S
Seller's Agent
Todd Szwajkowski
Baird & Warner
Buyer's Agent
Stephanie Malmquist
Cross Street Real Estate
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Current Estimated Value
$608,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,576
Avg. Annual Appreciation
3.30%
Original Mortgage
$424,000
Outstanding Balance
$384,714
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$223,862

Purchase Details

Closed on
Dec 2, 2011
Sold by
Herrington Patrick W and Vandenbrooks Jennifer M
Bought by
Slater Jared and Downs Temple Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2006
Sold by
Butcher Kristin F and Gordon Scott
Bought by
Herrington Patrick W and Vandenbrooks Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
6.77%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 13, 2001
Sold by
Gordon Scott E and Butcher Kristin F
Bought by
Butcher Kristin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.37%

Purchase Details

Closed on
Dec 13, 1999
Sold by
Kahn Michael S and Kahn Amy E
Bought by
Gordon Scott E and Buicher Kristen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.75%

Purchase Details

Closed on
Jul 2, 1996
Sold by
Kahn Michael S and Kahn Amy E
Bought by
Kahn Michael S and Kahn Amy

Purchase Details

Closed on
Apr 29, 1996
Sold by
Bay Jami E
Bought by
Kahn Michael S and Smith Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
7.15%

Purchase Details

Closed on
Dec 30, 1994
Sold by
Cosmopolitan Bank & Trust
Bought by
Bay Jami E
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
Garcia Yusef F $530,000 Proper Title
Slater Jared $310,000 Gmt
Herrington Patrick W $415,000 Chicago Title Insurance Co
Butcher Kristin F -- --
Butcher Kristin F -- Ticor Title Insurance
Gordon Scott E $299,000 --
Kahn Michael S -- --
Kahn Michael S $205,000 --
Bay Jami E $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Yusef F $424,000
Previous Owner Slater Jared $50,000
Previous Owner Slater Jared $248,000
Previous Owner Herrington Patrick W $277,500
Previous Owner Vandenbrooks Jennifer M $331,000
Previous Owner Herrington Patrick W $41,500
Previous Owner Herrington Patrick W $332,000
Previous Owner Butcher Kristin F $268,500
Previous Owner Butcher Kristin F $271,000
Previous Owner Butcher Kristin F $272,500
Previous Owner Butcher Kristin F $272,500
Previous Owner Butcher Kristin F $40,000
Previous Owner Butcher Kristin F $275,000
Previous Owner Butcher Kristin F $50,000
Previous Owner Gordon Scott E $239,200
Previous Owner Kahn Michael S $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $530,000 +1.0% $241 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $525,000 -- $239 / 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 $4,853 $53,200 $10,069 $43,131
2023 $4,730 $23,000 $9,000 $14,000
2022 $4,730 $23,000 $9,000 $14,000
2021 $3,955 $22,999 $9,000 $13,999
2020 $6,113 $30,545 $5,625 $24,920
2019 $6,075 $33,664 $5,625 $28,039
2018 $5,971 $33,664 $5,625 $28,039
2017 $5,651 $29,625 $4,950 $24,675
2016 $5,433 $29,625 $4,950 $24,675
2015 $4,948 $29,625 $4,950 $24,675
2014 $5,275 $31,000 $3,825 $27,175
2013 $5,160 $31,000 $3,825 $27,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11061232

Midwest Real Estate Data (MRED)

APN: 14-08-412-039-1006