NOT LISTED FOR SALE

1407 N Massasoit Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $287,000 - $350,000

4 Beds
3 Baths
1,536 Sq Ft
$210/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $240,000 $156 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,187/month

15 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Room
  • Dining Room
  • Living Room

About This Home

As of April 2022

Large sturdy home being sold as-is, Bring you're ideas!

Last Agent to Sell the Property

Frank Luchsinger

Infiniti Properties, Inc. License #475197892 Listed on: 02/11/2022

Infiniti Properties, Inc.

Co-Listed By

Jason Rosenberg

Infiniti Properties, Inc. License #475150181

Last Buyer's Agent

Maggie Antillon

Realty of America, LLC License #471016346

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,126

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 50x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,126

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 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): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 1536
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Radiant
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 50X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3125.64
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Apr 27, 2022
Sold by
Robinson Sandra
Bought by
Lema Miriam Teresa Teran
Seller's Agent
Frank Luchsinger
Infiniti Properties, Inc.
Buyer's Agent
Maggie Antillon
Realty of America, LLC
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$322,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,550
Avg. Annual Appreciation
8.05%
Original Mortgage
$180,000
Outstanding Balance
$172,464
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$150,086

Purchase Details

Closed on
Dec 3, 1998
Sold by
Banco Popular Illinois
Bought by
Robinson Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
7.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lema Miriam Teresa Teran $240,000 Saturn Title
Robinson Sandra -- Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lema Miriam Teresa Teran $180,000
Previous Owner Robinson Sandra $143,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $240,000 -4.0% $156 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $250,000 -- $163 / 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 $5,697 $24,700 $5,115 $19,585
2024 $5,697 $24,700 $5,115 $19,585
2023 $4,850 $27,000 $4,092 $22,908
2022 $4,850 $27,000 $4,092 $22,908
2021 $4,760 $27,000 $4,092 $22,908
2020 $3,126 $17,133 $3,989 $13,144
2019 $3,136 $19,037 $3,989 $15,048
2018 $3,082 $19,037 $3,989 $15,048
2017 $2,714 $15,983 $3,478 $12,505
2016 $2,701 $15,983 $3,478 $12,505
2015 $2,448 $15,983 $3,478 $12,505
2014 $2,418 $15,602 $3,273 $12,329
2013 $2,359 $15,602 $3,273 $12,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11323036

Midwest Real Estate Data (MRED)

APN: 16-05-213-016-0000