NOT LISTED FOR SALE

955 W Carmen Ave Unit 3A Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $504,000 - $715,000

3 Beds
2 Baths
1,800 Sq Ft
$535/mo HOA Fee

Last Sold September 13, 2022

Last sale price $545,000 $303 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,192/month

19 Days on Market

Highlights

  • Fireplace in Kitchen
  • 5-minute walk to Argyle Station
  • End Unit
  • Deck
  • Wood Flooring
  • 3-minute walk to Buttercup Park

About This Home

As of September 2022

Here is your chance to own an exquisitely restored Arts and Crafts/Frank Lloyd Wright-inspired home built in 1909 and designed by architect Fredrick Schock. This condo is filled with amazing millwork like nothing you have seen before. Original Mahogany doors, trim, and beams in the Living room and Library. Quartersawn oak trim in the dining room and foyer show off the detail and craftsmanship of the early 1900s. The condo has 4 breathtaking Grueby fireplaces. Grueby fireplaces are 1 of a kind and on their own a piece of art, collectors would cherish. This is truly a must-see condo for anyone who appreciates the Arts and Crafts/Frank Lloyd Wright period. The kitchen was updated in 2015/16 with Maple cabinets Stainless Steel appliances and a quartz countertop. Upgraded Electrical throughout, Both bathrooms were gutted and updated with heated floors, new plumbing, and fixtures. The primary bath has Marble tile throughout and a heated towel rack and heater in the ceiling. All the hardwood floors were refinished during this time and the condo was professionally painted. In unit washer and dryer, A/C installed. with attic insulation. The building has also done a ton of work. The condo's 2 balconies were reinforced (17), a flood control system (20), a new roof, gutter/downspout, a Parapet wall rebuilt, and tuck-pointing (21). You are a short walk to the Lake, Redline, and tons of shopping and entertainment. The unit comes with 1 storage locker. No parking but lots of options in the neighborhood.

Last Agent to Sell the Property

Kelly Smith

Kelly Smith Realty LLC License #471022492 Listed on: 07/08/2022

Kelly Smith Realty LLC

Last Buyer's Agent

Sean Mirk

RE/MAX NEXT License #475194780

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,742

Year Built

  • Built in 1909

Lot Details

  • 7,449

HOA Fees

  • $535 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Coffered Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Stubbed Gas Line For Fireplace
  • Window Screens
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Mccutcheon Elementary School
  • Senn High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • End Unit

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Storm Windows
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,742

Year Built

Built in 1909

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1909
  • 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stubbed in Gas Line
  • Fireplaces: 4
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Ceiling - 9 Foot, Coffered Ceiling(s), Historic/Period Mlwk, Special Millwork, Separate Dining Room
  • LivingArea: 1800
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer, Office
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Den/Library,Dining Room,Kitchen
  • Total Sq Ft: 0
  • Door Features: French Doors,Panel Door(s),Pocket Door(s)
  • Window Features: Screens,Storm Window(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, End Unit
  • List Price: 525000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 535
  • 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: TBD
  • Management Phone: 555-555-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Mccutcheon Elementary School
  • High School: Senn High School
  • Middle/Junior School: Mccutcheon Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3742.01
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Sep 8, 2022
Sold by
Hofmann Raymond W and Hofmann Victoria E
Bought by
Thomas Erin
Seller's Agent
Kelly Smith
Kelly Smith Realty LLC
Buyer's Agent
Sean Mirk
RE/MAX NEXT
List Price
$525,000
Sold Price
$545,000
Premium/Discount to List
$20,000
3.81%
Current Estimated Value
$601,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,891
Avg. Annual Appreciation
0.28%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Cohen Marc S and Lisco Kathryn C
Bought by
Hofmann Raymond W and Simms Victoria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.37%
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
Thomas Erin $545,000 None Listed On Document
Hofmann Raymond W $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jimenez Georgina $67,000
Previous Owner Simms Victoria E $100,000
Previous Owner Hofmann Raymond W $188,000
Previous Owner Hofmann Raymond $124,100
Previous Owner Hofmann Raymond W $170,000
Previous Owner Hofmann Raymond W $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $545,000 +3.8% $303 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $525,000 -- $292 / 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 $5,394 $58,937 $10,815 $48,122
2023 $4,652 $28,000 $9,667 $18,333
2022 $4,652 $28,000 $9,667 $18,333
2021 $4,589 $27,999 $9,666 $18,333
2020 $3,742 $21,800 $6,041 $15,759
2019 $3,717 $24,027 $6,041 $17,986
2018 $3,651 $24,027 $6,041 $17,986
2017 $5,067 $28,829 $5,316 $23,513
2016 $5,074 $28,829 $5,316 $23,513
2015 $5,464 $28,829 $5,316 $23,513
2014 $4,826 $25,238 $4,108 $21,130
2013 $4,758 $25,238 $4,108 $21,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11460453

Midwest Real Estate Data (MRED)

APN: 14-08-408-042-1005