$40,000
SOLD FEB 5, 2024

1256 N Mayfield Ave Chicago, IL 60651

Austin Neighborhood
0.87 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$20 Per Sq Ft

11% Below List Price

5 Days on Market

About This Lot

As of February 2024

An extra wide lot ready for development. Drive by only

Last Agent to Sell the Property

Marika Kakhiani

Pedestal Realty LLC License #471020101 Listed on: 01/11/2024

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $781

Additional Features

  • Lot Dimensions are 31x124
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$781

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 31
  • Frontage Type: City Street
  • List Price: 45000
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 31X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 781.38
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
Vega Lita
Bought by
Romeros Construction Service Inc
Current Estimated Value
$42,263

Purchase Details

Closed on
Aug 29, 2024
Sold by
Gt Alternatives Llc
Bought by
Vega Lita

Purchase Details

Closed on
Feb 25, 2022
Sold by
Yarbrough Karen A
Bought by
Gt Alternatives Llc

Purchase Details

Closed on
Jun 24, 1994
Sold by
Morgan R C and Morgan Ella
Bought by
Rush Oscar L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,192
Interest Rate
8.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Warranty Deed $42,000 Fidelity National Title
Quit Claim Deed -- None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Listed On Document
Warranty Deed $117,000 1St American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Unknown
Previous Owner $20,100 Credit Line Revolving
Previous Owner $175,750 Unknown
Previous Owner $156,400 Unknown
Previous Owner $150,000 Unknown
Previous Owner $17,060 Construction
Previous Owner $79,192 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $40,000 -11.1% $20 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $45,000 -- $23 / 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 $802 $4,749 $4,749 --
2023 $781 $3,799 $3,799 --
2022 $781 $3,799 $3,799 $0
2021 $764 $3,799 $3,799 $0
2020 $825 $3,704 $3,704 $0
2019 $744 $3,704 $3,704 $0
2018 $732 $3,704 $3,704 $0
2017 $695 $3,229 $3,229 $0
2016 $647 $3,229 $3,229 $0
2015 $592 $3,229 $3,229 $0
2014 $564 $3,039 $3,039 $0
2013 $723 $4,239 $3,039 $1,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marika Kakhiani

    Pedestal Realty LLC

    (773) 706-0578

    28 in this area

    74 Total Sales

    Marika Kakhiani
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11959780

Midwest Real Estate Data (MRED)

APN: 16-05-225-016-0000

Illinois Cook County Chicago 60651 Austin

1256 N Mayfield Ave, Chicago, IL

This home is located at 1256 N Mayfield Ave, Chicago, IL 60651 and is currently priced at $40,000, approximately $20 per square foot. 1256 N Mayfield Ave is a home located in Cook County with nearby schools including Ella Flagg Young School, St Angela Elementary School, and Christ Lutheran School.

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