NOT LISTED FOR SALE

926 W Margate Terrace Unit 3W Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $156,000 - $605,000

3 Beds
2.5 Baths
2,000 Sq Ft
$333/mo HOA Fee

Last Sold July 07, 2022

Last sale price $550,000 $275 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $3,263/month

4 Days on Market

Highlights

  • Penthouse
  • Family Room with Fireplace
  • Sun or Florida Room
  • Deck
  • Wood Flooring
  • 1-minute walk to Buttercup Park

About This Home

As of July 2022

What you have been waiting for! Super rare opportunity to own a huge 2000 sq. Ft. Completely remodeled top floor unit in Margate Park. This unit has it all. Amazing Sunlight, gorgeous tree top views and an incredible layout that offers 2 large living spaces, a family room/dining room combo open to the kitchen in the back and a large living room with Sunroom in the front. This property also has 3 large bedrooms including a huge primary suite with a ton of closets. Gorgeous primary bathroom with double bowl vanity, custom tile work and lighting, soaking tub and custom cabinetry. 2nd bath is also En-suite to the two other bedrooms with custom tile, lighting and floating cabinetry. The entire unit is very modern and tastefully done with exposed brick and wood beams, custom millwork and doors throughout an exceptionally large open kitchen with tons of wood cabinets (white and Walnut), all new stainless appliances, butcher block and quartz counters, custom backsplash, and custom lights. Other astounding features include 2 wood burning fireplaces with marble surrounds, Hardwood floors in every room, tons of closets, in-unit washer/dryer, central air, extra storage in basement, French doors, gorgeous Sunroom, an extra-large deck off the kitchen and 1 parking space included in price. The location is spectacular just 1/2 block to Lincoln Park/Montrose beach, running and bike trails, dog park and Lake Shore Drive. 2 blocks to the Red Line El stop and tons of great restaurants and cafes. All this in one of the fastest appreciating areas of the city!!

Last Agent to Sell the Property

Amie Klujian

Baird & Warner License #475143024 Listed on: 06/08/2022

Baird & Warner

Co-Listed By

Ted Mortellaro

Baird & Warner License #475155325

Last Buyer's Agent

Maureen Rooney

Keller Williams Premiere Properties License #475142114

Keller Williams Premiere Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,199

Year Built

  • Built in 1922 | Remodeled in 1994

Lot Details

  • 7,492

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • French Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Family or Dining Combination
  • Sun or Florida Room
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • President Of Association, Phone Number (312) 555-1212

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,199

Year Built

Built in 1922 | Remodeled in 1994

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Vintage,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Vintage,Penthouse
  • Year Built: 1922
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 1994
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 1994

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Ceiling - 9 Foot, Beamed Ceilings, Special Millwork
  • LivingArea: 2000
  • Room Type: Sun Room, Walk In Closet, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Door Features: French Doors

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Brick/Mortar, Stone
  • List Price: 550000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 333
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: President of Association
  • Management Phone: 312-555-1212
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • 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: 5199.15
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2020
Sold by
Donelan Emily A and Emily Anne Donelan Living Trus
Bought by
Donelan Emily A and Kearney William J
Current Estimated Value
$441,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,200
Outstanding Balance
$223,976
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$195,024

Purchase Details

Closed on
Oct 21, 2019
Sold by
Kearney William J and Donelan Emily A
Bought by
Donelan Emily A and Emily Anne Donelan Living Trust

Purchase Details

Listed on
Jul 6, 2015
Closed on
Aug 11, 2015
Sold by
Duhon Jean Paul and Leung Linda S
Bought by
Kearney William J and Donelan Emily A
Seller's Agent
Joe Green
Keller Williams ONEChicago
Buyer's Agent
Chris Chesne
Compass
List Price
$397,000
Sold Price
$401,000
Premium/Discount to List
$4,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%
Original Mortgage
$360,900
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2005
Sold by
Demastri John P and Demastri Patricia J
Bought by
Duhon Jean Paul and Leung Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 16, 1999
Sold by
Mills Deborah J
Bought by
Demastri John P and Demastri Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,700
Interest Rate
10.25%
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
Donelan Emily A -- Security First Title Co
Donelan Emily A -- Attorney
Kearney William J $401,000 Proper Title Llc
Duhon Jean Paul $380,000 Multiple
Demastri John P $293,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donelan Emily A $317,200
Closed Ang Elizabeth $64,500
Closed Kearney William J $352,750
Closed Kearney William J $360,900
Previous Owner Duhon Jean Paul $296,180
Previous Owner Duhon Jean P $302,500
Previous Owner Duhon Jean Paul $57,000
Previous Owner Duhon Jean Paul $304,000
Previous Owner Demastri John P $268,800
Previous Owner Demastri John P $50,000
Previous Owner Demastri John P $273,600
Previous Owner Demastri John P $50,000
Previous Owner Demastri John P $263,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $550,000 0.0% $275 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $550,000 +37.2% $275 / Sq Ft
08/14/2015 08/14/15 Sold $401,000 +1.0% $201 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $397,000 -- $199 / 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 $6,197 $36,427 $7,652 $28,775
2023 $6,020 $32,688 $6,840 $25,848
2022 $6,020 $32,688 $6,840 $25,848
2021 $5,903 $32,687 $6,840 $25,847
2020 $4,320 $22,495 $4,275 $18,220
2019 $4,292 $24,792 $4,275 $20,517
2018 $4,219 $24,792 $4,275 $20,517
2017 $3,970 $21,818 $3,762 $18,056
2016 $3,870 $21,818 $3,762 $18,056
2015 $3,517 $21,818 $3,762 $18,056
2014 $4,304 $25,764 $2,907 $22,857
2013 $4,208 $25,764 $2,907 $22,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11428535

Midwest Real Estate Data (MRED)

APN: 14-08-412-038-1002