NOT LISTED FOR SALE

Estimated Value: $115,712 - $199,000

2 Beds
1 Bath
1,068 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $55,000 $51 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $923/month

33 Days on Market

About This Home

As of September 2021

DON'T MISS THIS GREAT OPPORTUNITY! One of the lowest priced homes in the area. Conventional loan is accepted, Cash Sale preferred. Seller will NOT make repairs or give any credits. Any inspection shall be for Buyer purposes only. Seller may or may not clean out the property prior to closing. Seller requests that Buyer use Seller's Title Company. Motivated Seller. Buyer pays all transfer tax.

Last Agent to Sell the Property

Seatrice Foster

Foster & Williams Real Estate License #471017676 Listed on: 07/07/2021

Last Buyer's Agent

Nicole Blow

Redfin Corporation License #475183677

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,163

Year Built

  • 1949

Lot Details

  • 3,049

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,163

Year Built

1949

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Start on S State St, turn left on W 124th St, turn right on S Lafayette Ave to destination
  • Lot Size: 3050
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1949

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1068
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 489.32
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 29, 2021
Sold by
Hollins Perry
Bought by
Phil Oak Llc
Seller's Agent
Seatrice Foster
Foster & Williams Real Estate
Buyer's Agent
Nicole Blow
Redfin Corporation
List Price
$75,000
Sold Price
$55,000
Premium/Discount to List
-$20,000
-26.67%
Current Estimated Value
$156,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,178
Avg. Annual Appreciation
29.23%
Original Mortgage
$127,800
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 30, 2004
Sold by
Hollins Alvin S and Hollins Barbara
Bought by
Hollins Perry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
8.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 10, 1997
Sold by
Hollins Alvin
Bought by
Hollins Alvin S and Hollins Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
9%

Purchase Details

Closed on
Mar 7, 1997
Sold by
Lucas Luther and Lucas Sheila
Bought by
Hollins Alvin

Purchase Details

Closed on
Aug 29, 1994
Sold by
Lucas Luther and Lucas Mae Gladys
Bought by
Lucas Luther and Lucas Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.65%

Purchase Details

Closed on
Jan 23, 1984
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Lucas Mae Gladys
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
Phil Oak Llc $55,000 Old Republic National Title
Hollins Perry $109,500 --
Hollins Alvin S -- Land Title Group Inc
Hollins Alvin -- --
Lucas Luther $25,000 --
Lucas Mae Gladys -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Phil Oak Llc $127,800
Previous Owner Hollins Perry $109,250
Previous Owner Hollins Alvin S $44,800
Previous Owner Lucas Luther $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $55,000 -26.7% $51 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $75,000 -- $70 / 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 $1,163 $9,200 $1,830 $7,370
2023 $1,135 $5,500 $1,525 $3,975
2022 $1,135 $5,500 $1,525 $3,975
2021 $438 $5,500 $1,525 $3,975
2020 $901 $7,139 $1,677 $5,462
2019 $890 $7,846 $1,677 $6,169
2018 $873 $7,846 $1,677 $6,169
2017 $1,484 $10,252 $1,525 $8,727
2016 $1,557 $10,252 $1,525 $8,727
2015 $1,401 $10,252 $1,525 $8,727
2014 $1,217 $9,113 $1,372 $7,741
2013 $1,182 $9,113 $1,372 $7,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11146718

Midwest Real Estate Data (MRED)

APN: 25-28-404-031-0000