NOT LISTED FOR SALE

Estimated Value: $1,763,000 - $4,458,000

4 Beds
5 Baths
4,268 Sq Ft
$710/Sq Ft Est. Value

About This Home

This home is located at 1251 W Draper St, Chicago, IL 60614 and is currently estimated at $3,032,306, approximately $710 per square foot. 1251 W Draper St is a home located in Cook County with nearby schools including Mayer Elementary School, Lincoln Park High School, and St Josaphat School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Howell Richard U S
Current Estimated Value
$3,032,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Outstanding Balance
$3,159,540
Interest Rate
6.07%
Mortgage Type
New Conventional
Estimated Equity
-$162,594

Purchase Details

Closed on
May 11, 2023
Sold by
Cherry James B and Cherry Katherine
Bought by
Chicago Title Land Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,568,750
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2013
Sold by
Schwartz David R and Schwartz Jamie
Bought by
Cherry James and Cherry Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 29, 2002
Sold by
Locurto Jeanette
Bought by
Schwartz David R and Schwartz Jamie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Howell Richard U S $4,150,000 Chicago Title
Chicago Title Land Trust Company $3,425,000 Chicago Title
Cherry James $3,200,000 Near North National Title
Schwartz David R -- Chicago Title Insurance Co
Schwartz David R $925,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howell Richard U S $3,250,000
Previous Owner Chicago Title Land Trust Company $2,568,750
Previous Owner Cherry James $2,000,000
Previous Owner Schwartz David R $500,000
Previous Owner Schwartz David R $333,700
Previous Owner Locurto Jeanette $215,000
Source: Public Records

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 $15,869 $106,915 $39,060 $67,855
2023 $15,462 $76,340 $31,500 $44,840
2022 $15,462 $76,340 $31,500 $44,840
2021 $15,123 $76,339 $31,500 $44,839
2020 $12,793 $58,480 $15,120 $43,360
2019 $14,267 $72,178 $15,120 $57,058
2018 $15,543 $79,854 $15,120 $64,734
2017 $14,142 $66,840 $13,440 $53,400
2016 $15,487 $78,173 $13,440 $64,733
2015 $18,200 $100,211 $13,440 $86,771
2014 $9,066 $49,736 $11,340 $38,396
2013 $8,883 $49,736 $11,340 $38,396
Source: Public Records

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