NOT LISTED FOR SALE

915 W Margate Terrace Unit 3E Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $108,000 - $552,000

3 Beds
2 Baths
1,600 Sq Ft
$293/mo HOA Fee

Last Sold November 10, 2022

Last sale price $469,500 $293 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,004/month

Highlights

  • Penthouse
  • Wood Flooring
  • Breakfast Room
  • Deck
  • Sun or Florida Room
  • 2-minute walk to Buttercup Park

About This Home

As of November 2022

Top floor huge 3 full bedroom unit with amazing light and tons of charm in Margate Park. This grand unit combines all the modern amenities whilst keeping the stunning original details. Spacious living room with stunning original arts and crafts fireplace, built in cabinet and mantel, original crown, base and door moldings plus beamed ceilings opens to a magnificent extra-large sunroom with tree top views. The 3rd bedroom/office opens with French doors to the living room. 2 additional spacious bedrooms are both En-suite. The huge eat-in kitchen features tons of cabinet space, stainless appliances, granite counters, and opens to a massive formal dining room with stunning architectural including original windows and built-in hutch. Central AC, hardwood floors throughout, large laundry area with side-by-side washer/dryer, private back deck, common garage deck, and garage parking. Located just a 1/2 block to Foster and Montrose Beaches, running and bike trails, dog park, buses and Lake Shore Drive and just 1 block to red line EL stop, restaurants, Cafes, and nightlife.

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 10/10/2022

Compass

Co-Listed By

Vivienne Frow

Compass License #475123423

Last Buyer's Agent

Cornelis Hoogstraten

RE/MAX Premier License #475164550

RE/MAX  Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,225

Year Built

  • Built in 1907

Lot Details

  • 7,100

HOA Fees

  • $293 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Sun or Florida Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, scavenger
  • 8 Units
  • Gayle Grindley Association, Phone Number (312) 200-0000
  • Margate Park Subdivision

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,225

Year Built

Built in 1907

Lot Details

0

HOA Fees

$293 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Subdivision Name: Margate Park
  • Year Built: 1907
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: Sun Room, Deck, Breakfast Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • List Price: 469500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 293
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Gayle Grindley
  • Management Phone: 312-200-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7225.04
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Nov 5, 2022
Sold by
Rooney Claire and Rooney Noah
Bought by
Leahy Brandan
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Cornelis Hoogstraten
RE/MAX Premier
List Price
$469,500
Sold Price
$469,500
Views
3
Current Estimated Value
$404,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,793
Avg. Annual Appreciation
-2.49%
Original Mortgage
$469,500
Outstanding Balance
$456,656
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
-$19,300

Purchase Details

Listed on
Feb 14, 2013
Closed on
Apr 26, 2013
Sold by
Schneider John Alexis and Kandula Namratha R
Bought by
Rooney Claire and Tesch Noah
Seller's Agent
Sara McCarthy
Keller Williams ONEChicago
Buyer's Agent
Vivienne Frow
Compass
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
May 18, 2004
Sold by
Manley Todd J S and Shawgo Manley Denise K
Bought by
Schneider John Alexis and Kandula Namratha R

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
6.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 14, 2003
Sold by
915 Margate Inc
Bought by
Manley Todd J and Shawgo Manley Denise K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,900
Interest Rate
5.95%
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
Leahy Brandan $469,500 Attorneys Title Guaranty Fund
Rooney Claire $355,000 First America Title
Schneider John Alexis $405,000 --
Manley Todd J $395,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leahy Brendan $469,500
Previous Owner Schneider John Alexis $324,000
Previous Owner Manley Todd J S $25,000
Previous Owner Manley Todd J $315,850
Previous Owner Manley Todd J $315,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $469,500 0.0% $293 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $469,500 +32.3% $293 / Sq Ft
04/26/2013 04/26/13 Sold $355,000 +1.4% $222 / Sq Ft
03/02/2013 03/02/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $350,000 -- $219 / 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 $6,119 $47,204 $8,352 $38,852
2023 $5,261 $29,000 $7,465 $21,535
2022 $5,261 $29,000 $7,465 $21,535
2021 $5,162 $28,999 $7,465 $21,534
2020 $7,225 $35,535 $4,665 $30,870
2019 $7,186 $39,196 $4,665 $34,531
2018 $7,064 $39,196 $4,665 $34,531
2017 $6,442 $33,301 $4,105 $29,196
2016 $6,170 $33,301 $4,105 $29,196
2015 $5,622 $33,301 $4,105 $29,196
2014 $5,188 $30,530 $3,172 $27,358
2013 $5,074 $30,530 $3,172 $27,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11648889

Midwest Real Estate Data (MRED)

APN: 14-08-413-048-1004