$312,000
SOLD APR 22, 2014

932 W Margate Terrace Unit 1W Chicago, IL 60640

Margate Park Neighborhood
3 Beds
2 Baths
1,648 Sq Ft
$375/mo HOA Fee

Recently Sold

$189 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Deck
  • Walk-In Pantry
  • Southern Exposure
  • Heated Sun or Florida Room
  • Entrance Foyer
  • 1-minute walk to Buttercup Park

About This Home

As of August 2017

ABSOLUTELY BEAUTIFUL MARGATE PARK 3BED/2BA 1648 SQ.FT. HAS IT ALL! SPRAWLING SUN FILLED SPACE! STATELY FOYER ENTRY, GIANT FORMAL DIN W/HUGE BUILT-IN HUTCH, HIGH CEILINGS, CROWN MLDGS, BEAUTIFUL STAINLESS & GRANITE KIT W/PANTRY & MUD RM. RICH RESTORED WOODWORK, HWFLRS THRU, GRAND LIVING RM W/DEC FP & LARGE SUNRM, CUSTOM DESIGNED W/N CLOSET, LAUNDRY RM, SIDE-BY SIDE W/D, PRKG INCLD, STORAGE! CLOSE TO SHOPS, LAKE&PARK!

Last Agent to Sell the Property

Jennifer Mills

Jameson Sotheby's Intl Realty License #471015050 Listed on: 03/06/2014

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Olin Eargle

@properties Christie's International Real Estate License #475133539

@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

  • $375 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Decorative Fireplace
  • Entrance Foyer
  • Heated Sun or Florida Room

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • 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

$375 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
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Pantry-Closet
  • 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
  • Additional Room 2 Name: Sun/Florida Room Heated, Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • 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: 10X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1648
  • Dining Room Type: Separate

Exterior Features

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

Garage/Parking

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

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: NON
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Common Insurance
  • Assessment Association Fees: 375
  • Management Phone: 000-000-0000

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: 3747.03

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
$376,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,926
Avg. Annual Appreciation
1.55%
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

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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 $351,000 Near North National Title
Warranty Deed $312,000 First American Title
Warranty Deed $335,000 Ticor Title Insurance
Warranty Deed $186,000 --
Warranty Deed $135,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Closed $276,250 New Conventional
Previous Owner $280,800 New Conventional
Previous Owner $292,000 New Conventional
Previous Owner $296,400 New Conventional
Previous Owner $268,000 Unknown
Previous Owner $268,000 Purchase Money Mortgage
Previous Owner $33,500 Stand Alone Second
Previous Owner $296,650 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Previous Owner $176,000 Unknown
Previous Owner $176,300 Purchase Money Mortgage
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: MRD08551598

Midwest Real Estate Data (MRED)

APN: 14-08-412-036-1002