NOT LISTED FOR SALE

932 W Margate Terrace Unit 1W Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $156,000 - $568,000

3 Beds
2 Baths
1,650 Sq Ft
$495/mo HOA Fee

Last Sold August 29, 2017

Last sale price $351,000 $213 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,179/month

5 Days on Market

Highlights

  • Deck
  • Heated Sun or Florida Room
  • Stainless Steel Appliances
  • Wood Flooring
  • Walk-In Pantry
  • 1-minute walk to Buttercup Park

About This Home

As of August 2017

Beautiful vintage meets modern in Margate Park; 3bed/2bath, very bright and airy condo. Large open living space with fireplace, hardwood floors and open to bright sunroom. Separate formal dining room adjoins with renovated kitchen with SS appliances, granite counters, new backsplash and walk in pantry. Lovely master bedroom and sexy master bathroom. Second bedroom and newly expanded third bedroom have large closets. Butlers pantry, huge new laundry room with side by side W/D, brand new deck for grilling out, restored woodwork throughout, custom radiator covers, original clawfoot tub, spacious mudroom, exterior parking space and additional storage. AND George R.R. Martin used to live here, for all you Throners.....! Disney School is within 1 mile boundary. Close to Lake, Margate Park, and LSD.

Last Agent to Sell the Property

Olin Eargle

@properties Christie's International Real Estate License #475133539 Listed on: 07/06/2017

@properties Christie's International Real Estate

Co-Listed By

Chad Schayes

@properties Christie's International Real Estate License #475176269

Last Buyer's Agent

Debbie Obradovich

@properties Christie's International Real Estate License #475130528

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,118

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $495 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Heated Sun or Florida Room
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

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

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Deck

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,118

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: Unknown
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X6, On Level: Main Level, Flooring: Hardwood
  • Dining Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Pantry-Walk-in
  • Additional Rooms: Deck, Foyer, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Deck, Dimensions: 10X7, On Level: Main Level, Flooring: Sustainable
  • Additional Room 2 Name: Sun/Florida Room Heated, Dimensions: 12X9, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 8X7, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1650
  • Dining Room Type: Separate

Exterior Features

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

Garage/Parking

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

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Common Insurance
  • Assessment Association Fees: 495
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: self

Schools

  • School District: 299
  • Elementary School: MCCUTCHEON ELEMENTARY SCHOOL
  • Middle School: MCCUTCHEON ELEMENTARY SCHOOL
  • High School: SENN ACHIEVEMENT ACADEMY HIGH SC
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14084120361002

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 4

Tax Info

  • Taxes: 5717.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
Jul 13, 2017
Sold by
Mccauley Brian and Mccauley Jennifer
Bought by
Obradovich Erin D and Okeke Nnenna L
Seller's Agent
Olin Eargle
@properties Christie's International Real Estate
Buyer's Agent
Debbie Obradovich
@properties Christie's International Real Estate
List Price
$360,000
Sold Price
$351,000
Premium/Discount to List
-$9,000
-2.5%
Current Estimated Value
$397,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,079
Avg. Annual Appreciation
1.04%
Original Mortgage
$280,800
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2014
Closed on
Apr 10, 2014
Sold by
Ofstein Charles and Ofstein Laurel
Bought by
Mccauley Brian and Mccauley Jennifer
Seller's Agent
Jennifer Mills
Jameson Sotheby's Intl Realty
Buyer's Agent
Olin Eargle
@properties Christie's International Real Estate
List Price
$325,000
Sold Price
$312,000
Premium/Discount to List
-$13,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$296,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2006
Sold by
Wellner Daniel S and Gershman Wellner Jenna
Bought by
Ofstein Charles and Ofstein Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1999
Sold by
Vanderaa Zola
Bought by
Wellner Daniel S and Gershman Wellner Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,300
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 1997
Sold by
Rosenwasser Joel M and Rosenwasser Sally L
Bought by
Vanderaa Zola
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
Obradovich Erin D $351,000 Near North National Title
Mccauley Brian $312,000 First American Title
Ofstein Charles $335,000 Ticor Title Insurance
Wellner Daniel S $186,000 --
Vanderaa Zola $135,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obradovich Erin D $260,000
Closed Obradovich Erin D $276,250
Previous Owner Obradovich Erin D $280,800
Previous Owner Mccauley Brian $292,000
Previous Owner Mccauley Brian $296,400
Previous Owner Ofstein Charles $268,000
Previous Owner Ofstein Charles $268,000
Previous Owner Ofstein Charles $33,500
Previous Owner Gershman Wellner Daniel S $296,650
Previous Owner Wellner Daniel S $50,000
Previous Owner Gershman Wellner Daniel S $35,000
Previous Owner Wellner Daniel S $176,000
Previous Owner Wellner Daniel S $176,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2017 08/29/17 Sold $351,000 -2.5% $213 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $360,000 +15.4% $218 / Sq Ft
04/22/2014 04/22/14 Sold $312,000 -4.0% $189 / Sq Ft
03/15/2014 03/15/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $325,000 -- $197 / 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 $6,118 $38,400 $11,188 $27,212
2023 $5,964 $29,000 $10,000 $19,000
2022 $5,964 $29,000 $10,000 $19,000
2021 $5,831 $28,998 $9,999 $18,999
2020 $6,293 $28,250 $6,249 $22,001
2019 $6,255 $31,134 $6,249 $24,885
2018 $6,150 $31,134 $6,249 $24,885
2017 $6,716 $31,199 $5,499 $25,700
2016 $6,249 $31,199 $5,499 $25,700
2015 $5,717 $31,199 $5,499 $25,700
2014 $3,861 $23,376 $4,249 $19,127
2013 $3,773 $23,376 $4,249 $19,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09681152

Midwest Real Estate Data (MRED)

APN: 14-08-412-036-1002