NOT LISTED FOR SALE

Estimated Value: $148,000 - $245,000

5 Beds
2 Baths
1,584 Sq Ft
$118/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $45,000 $28 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $1,078/month

19 Days on Market

Highlights

  • Second Kitchen
  • Detached Garage
  • 4-minute walk to Krause Park

About This Home

As of December 2014

LOVELY BUNGALOW IS ON A LARGE LOT, HAS A GARAGE, AND A FULL BASEMENT AND MORE. IT IS LOCATED ON A BEAUTIFUL BLOCK. THIS IS A REVERSE MORTGAGE FORECLOSURE. BUYER RESPONSIBLE TO CHECK CITY ZONING REQUIREMENTS. PROPERTY IS BEING SOLD "AS IS". PROPERTY IS BEING SOLD SUBJECT TO 24 CFR 206.125 SELLER DOES NOT PROVIDE SURVEY OR TERMITE INSPECTION

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty, Inc. License #471004755 Listed on: 11/14/2014

Last Buyer's Agent

Lucas Alvarado Jr

Ready Properties Inc License #471018465

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $853

Year Built

  • 1922

Lot Details

  • 6,011

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Frame Construction

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Second Kitchen
  • Basement Fills Entire Space Under The House

Home Details

Home Type

Single Family

Est. Annual Taxes

$853

Year Built

1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1922
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X12, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Kitchen Type: Dimensions: 16X10, On Level: Main Level
  • Additional Rooms: 2nd Kitchen, 5th Bedroom
  • Master Bedroom: Dimensions: 10X10, On Level: Main Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X10, On Level: 2nd Level
  • Additional Room 2 Name: 2nd Kitchen, Dimensions: 11X10, On Level: 2nd Level
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level
  • Estimated Sq Ft: 1584

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 6000
  • Parcel Identification Number: 26171090120000

Tax Info

  • Taxes: 1653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2014
Closed on
Dec 19, 2014
Sold by
Fannie Mae
Bought by
Yepez Maria S and Cerda Victor
Seller's Agent
Gary Weglarz
Applebrook Realty, Inc.
Buyer's Agent
Lucas Alvarado Jr
Ready Properties Inc
List Price
$40,000
Sold Price
$45,000
Premium/Discount to List
$5,000
12.5%
Current Estimated Value
$186,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,249
Avg. Annual Appreciation
14.22%

Purchase Details

Closed on
Aug 18, 2014
Sold by
Reverse Mortgage Solutions Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 1, 2014
Sold by
Ragin
Bought by
Reverse Mortgage Solutions Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yepez Maria S -- Ct
Federal National Mortgage Association -- None Available
Reverse Mortgage Solutions Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ragin Ivey $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2014 12/30/14 Sold $45,000 +12.5% $28 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
11/14/2014 11/14/14 For Sale $40,000 -- $25 / 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 $853 $14,550 $7,500 $7,050
2023 $627 $10,000 $6,000 $4,000
2022 $627 $10,000 $6,000 $4,000
2021 $2,174 $10,000 $6,000 $4,000
2020 $2,174 $9,309 $3,900 $5,409
2019 $2,174 $10,460 $3,900 $6,560
2018 $0 $10,460 $3,900 $6,560
2017 $2,174 $10,078 $3,600 $6,478
2016 $2,023 $10,078 $3,600 $6,478
2015 $1,851 $10,078 $3,600 $6,478
2014 $1,709 $9,189 $3,000 $6,189
2013 $1,675 $9,189 $3,000 $6,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08786593

Midwest Real Estate Data (MRED)

APN: 26-17-109-012-0000