NOT LISTED FOR SALE

3021 S Michigan Ave Unit 310 Chicago, IL 60616

South Commons Neighborhood

Estimated Value: $118,000 - $139,000

1 Bed
1 Bath
750 Sq Ft
365,381 Sq Ft Lot

Sale Details

Date Sold: August 23, 2019

Last sale price $79,000 $105 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,293 / mo

19 Days on Market

About This Home

As of August 2019

Beautiful One Bedroom with a great view of the park, large private balcony.

Last Agent to Sell the Property

Jessie McDaniels

Paul Luxury Homes LLC License #475161312 Listed on: 07/25/2019

Last Buyer's Agent

Michael Gerhardt

RE/MAX Premier License #475110336

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 1964 | 2019

Lot Details

  • 8.39

HOA Fees

  • $489 per month

Parking

  • Parking Available

Home Design

  • Brick Exterior Construction

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • Pets Allowed

Listing and Financial Details

  • $500 Seller Concession

Property Details

Home Type

Condominium

Year Built | Renovated

1964 | 2019

Lot Details

8.39 Acres

HOA Fees

$489 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1964
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1964
  • Year Renovated: 2019

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 20X18, On Level: Main Level
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X15, On Level: Main Level
  • Estimated Sq Ft: 750

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Parking: Space/s

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Air Conditioning, Gas, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 489
  • Management Phone: 312-842-9720

Fee Information

  • Management Company: South Commons Condominioms

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 17273100931437

Multi Family

  • Total Number Unitsin Building: 60
  • Number Stories: 4

Tax Info

  • Taxes: 984.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 23, 2019
Sold by
Narapureddy Madhusudhan
Bought by
Deng Xu
Seller's Agent
Jessie McDaniels
Paul Luxury Homes LLC
Buyer's Agent
Michael Gerhardt
RE/MAX Premier
List Price
$89,000
Sold Price
$79,000
Premium/Discount to List
-$10,000
-11.24%
Current Estimated Value
$131,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,249
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Feb 10, 2014
Sold by
Yalamati Srikanth
Bought by
Narapureddy Madhusudhan

Purchase Details

Closed on
May 19, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Yalamati Srikanth

Purchase Details

Closed on
Oct 27, 2010
Sold by
Anetekhai Paul E
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 16, 2000
Sold by
South Commons Llc
Bought by
Anetekhai Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,150
Interest Rate
7.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Deng Xu $79,000 Chicago Title
Narapureddy Madhusudhan $43,000 Pntn
Yalamati Srikanth $31,500 None Available
Federal Home Loan Mortgage Corp -- None Available
Anetekhai Paul $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anetekhai Paul $64,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $79,000 -11.2% $105 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $89,000 -- $119 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $1,239 $11,219 $2,918 $8,301
2024 $1,239 $11,219 $2,918 $8,301
2023 $1,186 $9,170 $2,356 $6,814
2022 $1,186 $9,170 $2,356 $6,814
2021 $1,178 $9,170 $2,356 $6,814
2020 $618 $5,875 $1,927 $3,948
2019 $1,298 $6,463 $1,927 $4,536
2018 $1,277 $6,463 $1,927 $4,536
2017 $985 $4,574 $1,606 $2,968
2016 $916 $4,574 $1,606 $2,968
2015 $838 $4,574 $1,606 $2,968
2014 $187 $3,577 $1,365 $2,212
2013 $172 $3,577 $1,365 $2,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10463132

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1437

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