NOT LISTED FOR SALE

Estimated Value: $1,312,089 - $1,823,000

4 Beds
3.5 Baths
3,394 Sq Ft
$458/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $1,520,000 $448 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,622/month

Highlights

  • Heated Floors
  • Open Floorplan
  • Vaulted Ceiling
  • Kenwood Academy High School Rated A-
  • Recreation Room
  • Tudor Architecture

About This Home

As of March 2023

Situated in the coveted Kenwood Historic District, and built about 1926, this charming Tudor-style house has been enhanced and updated for today's living. With its dramatic character and subtle detailing, the two-story living room offers French doors that open to side terraces. The timbered ceiling and richly hued Arabescato marble fireplace add to the elegance, while an open stone stairway rises to the second level landing overlooking the twenties glamour below. An arched passageway lined with built-ins connects this stunning space to the barrel vaulted formal dining room. Adjacent is a chef's kitchen - with Viking, SubZero and Dacor appliances - and a bright and airy family room. Glazed doors overlook the large yard, a patio for al fresco dining and the two-car garage. The main and second staircases lead to a large primary suite overlooking the verdant backyard. The suite features two spacious walk-in closets and a luxurious bath: soaking tub, separate shower with multiple heads, double vanity, and heated floors, Two additional well-sized bedrooms and newly renovated full bath complete this level. Wide stairs provide easy access to the 3rd level, which offers the fourth bedroom/guest room, a full bath, an office and a private roof deck nestled along the eaves. The freshly painted lower level features a laundry room, art room, recreational room and lots of storage. The updated mechanicals and systems, including zoned heating and cooling, are also on this level. Located near all the amenities of Hyde Park and the University of Chicago, this home is move-in ready. Tuck-pointing, painting throughout the interior and exterior, landscaping with pavers and power washing have just been completed. Don't miss this amazing opportunity to write the next chapter of 1116 East 48th Street!

Last Agent to Sell the Property

Susan O'Connor

Berkshire Hathaway HomeServices Chicago License #475163199 Listed on: 09/11/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Susan O'Connor

Berkshire Hathaway HomeServices Chicago License #475163199 Listed on: 09/11/2022

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,284

Year Built

  • Built in 1926 | Remodeled in 2010

Lot Details

  • Lot Dimensions are 127 x 150
  • Fenced Yard
  • Irregular Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Tudor Architecture
  • Slate Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,394 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Play Room
  • Storm Screens

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Steam
  • Radiant Heating System
  • 200+ Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,284

Year Built

Built in 1926 | Remodeled in 2010

Lot Details

5,271 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tudor
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • AttributionContact: (312) 893-8144
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Heated Floors, Built-in Features, Walk-In Closet(s), Bookcases, Historic/Period Mlwk, Beamed Ceilings, Open Floorplan, Separate Dining Room
  • LivingArea: 3394
  • Room Type: Office, Foyer, Play Room, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Irregular Lot
  • Roof: Rubber, Slate
  • Waterfront: No
  • Exterior Building Type: Brick,Stucco

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete,Shared
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Steam, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 127 X 150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 21284.15
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2022
Closed on
Mar 29, 2023
Sold by
Bettencourt Luis M and Bettencourt Laura E
Bought by
Sara Whitney Moellering Trust and Dr Raymond Earle Moellering Trust
Seller's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
List Price
$1,625,000
Sold Price
$1,520,000
Premium/Discount to List
-$105,000
-6.46%
Views
3
Current Estimated Value
$1,555,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,272
Avg. Annual Appreciation
0.78%
Original Mortgage
$152,500
Outstanding Balance
$139,593
Interest Rate
5.64%
Estimated Equity
$1,415,679

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 24, 2018
Sold by
Richland Justin and Richland Lindsey
Bought by
Bettencourt Luis M and Steward Laura E
Seller's Agent
Christopher Gaggero
@properties Christie's International Real Estate
Buyer's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
List Price
$1,090,000
Sold Price
$1,050,000
Premium/Discount to List
-$40,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$795,000
Interest Rate
4.7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 15, 2012
Sold by
Hansen Mark B and Lukens Marie Grant
Bought by
Richland Justin and Richland Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2005
Sold by
Wolf Lonn A
Bought by
Hansen Mark B and Lukens Marie Grant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 3, 1994
Sold by
Liese Vivian E
Bought by
Wolf Lonn
Source: Public Records
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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
Sara Whitney Moellering Trust $1,520,000 Chicago Title
Sara Whitney Moellering Trust $1,520,000 Chicago Title
Bettencourt Luis M $1,050,000 None Available
Richland Justin $885,000 None Available
Hansen Mark B $795,000 Pntn
Wolf Lonn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sara Whitney Moellering Trust $152,500
Open Sara Whitney Moellering Trust $1,216,000
Closed Sara Whitney Moellering Trust $1,216,000
Previous Owner Bettencourt Luis M $795,000
Previous Owner Bettencourt Luis M $795,000
Previous Owner Richland Justin $40,000
Previous Owner Richland Justin $708,000
Previous Owner Hansen Mark B $515,000
Closed Sara Whitney Moellering Trust $152,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $1,520,000 -6.5% $448 / Sq Ft
03/13/2023 03/13/23 For Sale $1,625,000 +54.8% $479 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
11/02/2018 11/02/18 Sold $1,050,000 -3.7% $309 / Sq Ft View Prior Sale
09/12/2018 09/12/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $1,090,000 -- $321 / 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 $18,355 $127,000 $32,550 $94,450
2024 $18,355 $127,000 $32,550 $94,450
2023 $17,808 $90,000 $26,250 $63,750
2022 $17,808 $90,000 $26,250 $63,750
2021 $17,428 $90,000 $26,250 $63,750
2020 $15,585 $73,062 $21,000 $52,062
2019 $15,956 $79,416 $21,000 $58,416
2018 $19,337 $101,326 $21,000 $80,326
2017 $18,325 $88,500 $17,325 $71,175
2016 $17,726 $88,500 $17,325 $71,175
2015 $16,217 $88,500 $17,325 $71,175
2014 $13,823 $74,500 $14,175 $60,325
2013 $13,550 $74,500 $14,175 $60,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11628864

Midwest Real Estate Data (MRED)

APN: 20-11-104-013-0000

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