NOT LISTED FOR SALE

Estimated Value: $396,000 - $539,000

2 Beds
2 Baths
1,550 Sq Ft
$345/mo HOA Fee

Last Sold March 21, 2023

Last sale price $365,000 $235 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,415/month

Highlights

  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Balcony
  • Wood Flooring
  • Granite Countertops
  • 1-minute walk to Broncho Billy Playlot Park

About This Home

As of March 2023

Stunning top floor 2 bed/2 bath condo with 12 foot ceilings, exposed brick. Flooded with natural light and with a great open floor plan, this unit is the largest footprint in the Magnolia/Sunnyside Condos. Kitchen has cherry wood cabinets, stainless steel appliances, granite counter tops and a full size pantry. The master bedroom has en-suite bath, tray ceiling detail and a large walk in closet. Hardwood floors throughout, this home also includes a gas fire place, brand new washer/dryer in unit, copious storage and a large SE facing balcony. Building has newer roof, has been recently tuck-pointed and balconies were replaced within the last year. Quite tree lined street with easy permit parking on street for residents. Incredible location near brand new park, dog parks, coffee shops, restaurants and nightlife. Walking distance to the Wilson renovated red line stop, Target, and blocks to the Lake.

Last Agent to Sell the Property

Michelle Welch

Compass License #475159970 Listed on: 02/22/2023

Compass

Last Buyer's Agent

Zach Kogut

Compass License #475179822

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,899

Year Built

  • Built in 1907 | Remodeled in 2008

Lot Details

  • 0.34

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Uncovered Parking
  • On-Site Parking
  • Zoned Parking Permit

Outdoor Features

  • Balcony

Schools

  • Brenneman Elementary School
  • Senn High School

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 24 Units
  • Maggie Lyons Association, Phone Number (312) 829-8900
  • Property managed by First Community Management Magnolia/Sunnyside

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,899

Year Built

Built in 1907 | Remodeled in 2008

Lot Details

0

HOA Fees

$345 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: 1907
  • 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): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2008
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2008

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Granite Counters
  • LivingArea: 1550
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Zoned Permit
  • Number of Cars: 0
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 345
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Management Magnolia/Sunnyside
  • Management Contact Name: Maggie Lyons
  • Management Phone: 312-829-8900X12
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Brenneman Elementary School
  • High School: Senn High School
  • Middle/Junior School: Brenneman Elementary School
  • Junior High/Middle School #2: Hope College Prep High School
  • Junior High/Middle School #2: Courtenay Elementary School Language Arts Ctr
  • Elementary School #2: Courtenay Elementary School Language Arts Ctr

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 5899
  • Tax Year: 2021

Multi Family

  • Units in Building: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 17, 2023
Sold by
Cerwinka Franz W
Bought by
Brown Jared
Seller's Agent
Michelle Welch
Compass
Buyer's Agent
Zach Kogut
Compass
List Price
$345,000
Sold Price
$365,000
Premium/Discount to List
$20,000
5.8%
Current Estimated Value
$474,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,998
Avg. Annual Appreciation
10.05%
Original Mortgage
$346,750
Outstanding Balance
$337,305
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$137,693

Purchase Details

Listed on
Nov 10, 2020
Closed on
Feb 25, 2021
Sold by
Witz Amy
Bought by
Cerwinka Franz
Seller's Agent
Lynn Story
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Michelle Welch
Compass
List Price
$319,900
Sold Price
$309,000
Premium/Discount to List
-$10,900
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$227,250
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2013
Sold by
Magnolia Gardens Building Llc
Bought by
Witz Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,760
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Brown Jared $365,000 Chicago Title
Cerwinka Franz $303,000 Chicago Title
Witz Amy $239,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jared $346,750
Previous Owner Cerwinka Franz $227,250
Previous Owner Witz Amy $200,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2023 03/21/23 Sold $365,000 +5.8% $235 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $345,000 +11.7% $223 / Sq Ft
02/26/2021 02/26/21 Sold $309,000 -3.4% $199 / Sq Ft View Prior Sale
12/30/2020 12/30/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $319,900 -- $206 / 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 $6,893 $35,813 $5,317 $30,496
2023 $6,720 $32,671 $4,282 $28,389
2022 $6,720 $32,671 $4,282 $28,389
2021 $5,900 $32,670 $4,281 $28,389
2020 $5,193 $26,415 $3,282 $23,133
2019 $5,219 $29,407 $3,282 $26,125
2018 $5,130 $29,407 $3,282 $26,125
2017 $4,419 $23,903 $2,854 $21,049
2016 $4,287 $23,903 $2,854 $21,049
2015 $3,899 $23,903 $2,854 $21,049
2014 $3,956 $23,890 $2,176 $21,714
2013 $4,526 $24,888 $2,176 $22,712
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11720061

Midwest Real Estate Data (MRED)

APN: 14-17-125-035-1020