NOT LISTED FOR SALE

932 W Margate Terrace Unit 2W Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $453,000 - $546,000

3 Beds
2 Baths
1,757 Sq Ft
$415/mo HOA Fee

Last Sold July 09, 2014

Last sale price $321,000 $183 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,553/month

30 Days on Market

Highlights

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

About This Home

As of July 2014

HUGE MARGATE PARK 3BED/2BATH GEM! BEAUTIFUL VINTAGE DETAILS INCLUDING FIREPLACE, MANTEL, NATURAL MOLDINGS AND HW FLOORS. UNIT FEATURES SPRAWLING LIGHT-FILLED LIVING ROOM, SEPARATE DINING ROOM OPEN TO KITCHEN, HIGH CEILINGS, SEPARATE SUNROOM, SIDE-BY SIDE W/D. RENOVATED KITCHEN WITH STAINLESS, QUARTZ COUNTER AND CUSTOM CABS. LARGE BEDROOMS. PRICE INCLUDES PRKNG AND STRGE ROOM! STEPS TO RED LINE, LAKE & MARGATE PARK.

Last Agent to Sell the Property

Neeti Arndt

Dream Town Realty Listed on: 04/02/2014

Last Buyer's Agent

Anne Rosen

Keller Williams Infinity License #475128277

Keller Williams Infinity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,419

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $415 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
  • Stainless Steel Appliances
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,419

Lot Details

0

HOA Fees

$415 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
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 24X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Deck, Foyer, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Deck, Dimensions: 06X10, On Level: Main Level
  • Additional Room 2 Name: Sun/Florida Room Heated, Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 12X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1757
  • 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, Parking, Common Insurance
  • Assessment Association Fees: 415
  • Management Contact Name: SELF-MANAGED
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: SELF-MANAGED

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: 14084120361004

Multi Family

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

Tax Info

  • Taxes: 3747.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2014
Closed on
Jun 16, 2014
Sold by
Dreicer Gregory and Ondersma Heather
Bought by
Tanner Thomas C and Fallon Terence A
Seller's Agent
Neeti Arndt
Dream Town Realty
Buyer's Agent
Anne Rosen
Keller Williams Infinity
List Price
$335,000
Sold Price
$321,000
Premium/Discount to List
-$14,000
-4.18%
Current Estimated Value
$490,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,525
Avg. Annual Appreciation
3.71%
Original Mortgage
$256,800
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Frisch John R and Curtis Freisch Kathy
Bought by
Dreicer Greg and Ondersma Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
6.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Frisch John R and Curtis Freisch Kathy
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
Tanner Thomas C $321,000 Stewart Title
Dreicer Greg $272,000 Heritage Title Company
Frisch John R $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallon Terence A $236,500
Closed Tanner Thomas C $256,800
Previous Owner Dreicer Greg $216,500
Previous Owner Dreicer Greg $216,500
Previous Owner Dreicer Greg $215,000
Previous Owner Dreicer Greg $217,600
Previous Owner Frisch John R $100,000
Previous Owner Frisch John R $60,000
Previous Owner Frisch John R $80,000
Previous Owner Frisch Diane $80,171
Previous Owner Frisch Kathy Curtis $250,000
Previous Owner Frisch Diane $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2014 07/09/14 Sold $321,000 -4.2% $183 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $335,000 -- $191 / 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 $5,419 $38,401 $11,188 $27,213
2023 $5,261 $29,000 $10,000 $19,000
2022 $5,261 $29,000 $10,000 $19,000
2021 $5,162 $28,999 $10,000 $18,999
2020 $5,602 $28,251 $6,250 $22,001
2019 $5,566 $31,135 $6,250 $24,885
2018 $5,472 $31,135 $6,250 $24,885
2017 $5,990 $31,201 $5,500 $25,701
2016 $5,749 $31,201 $5,500 $25,701
2015 $5,237 $31,201 $5,500 $25,701
2014 $3,861 $23,377 $4,250 $19,127
2013 $3,773 $23,377 $4,250 $19,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08574041

Midwest Real Estate Data (MRED)

APN: 14-08-412-036-1004