NOT LISTED FOR SALE

1412 N Lorel Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $302,000 - $519,000

4 Beds
3 Baths
2,480 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $375,000 $151 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,377/month

39 Days on Market

Highlights

  • Stainless Steel Appliances
  • Laundry Room
  • Dining Room
  • Living Room
  • Central Air

About This Home

As of May 2023

Welcome Home! This 4 bedroom - 3 bath completely renovated home is turn key ready. Upon entering, you will find a spacious living room leading into a dining room with recessed lighting throughout the home. The kitchen offers granite countertops, all new stainless steel appliances, a wine rack, and soft close cabinets. Luxury bathrooms that offer marble/titanium sink bowls with 42" vanity mirrors. The lower level includes a family room and one bedroom. Large yard to add landscape creativity with a driveway covered by a sliding privacy fence. EVERYTHING is new... New roof, new concrete slab for 2 car parking, two new furnaces, new hot water tank, new rear back porch with deck, etc. Come take a look for yourself at this COMPLETELY rehabbed home.

Last Agent to Sell the Property

Asia Orr

Crosstown Realtors, Inc. License #475184970 Listed on: 03/02/2023

Last Buyer's Agent

Karina Barrera

Coldwell Banker Realty License #475181123

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,620

Year Built

  • Built in 1923 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 25 x 125

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Open Floorplan
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,620

Year Built

Built in 1923 | Remodeled in 2023

Lot Details

0

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: 1923
  • 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: 2023
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: English
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Dining Combo
  • LivingArea: 2480
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

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: 25 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3619.66
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
May 19, 2023
Sold by
Equ Opp Development Llc
Bought by
Gutierrez Pedro Antonio and Gutierrez Javier
Seller's Agent
Asia Orr
Crosstown Realtors, Inc.
Buyer's Agent
Karina Barrera
Coldwell Banker Realty
List Price
$375,000
Sold Price
$375,000
Views
89
Current Estimated Value
$396,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,152
Avg. Annual Appreciation
2.06%
Original Mortgage
$368,207
Outstanding Balance
$354,946
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$41,206

Purchase Details

Closed on
Feb 4, 2021
Sold by
Thomphsen Janet and Stangeland Leonard H
Bought by
Equ Opp Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,655
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2007
Sold by
2449 W Foster Llc
Bought by
Oldenburg Jacob and Oldenburg Candice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1998
Sold by
Stangeland Leonard H
Bought by
Stangeland Leonard H and Trust #1412
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
Gutierrez Pedro Antonio $375,000 None Listed On Document
Equ Opp Development Llc $73,500 Chicago Title Insurance Co
Oldenburg Jacob $320,000 Multiple
Stangeland Leonard H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Pedro Antonio $368,207
Previous Owner Equ Opp Development Llc $147,655
Previous Owner Oldenburg Jacob $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $375,000 +4.2% $151 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $359,999 -2.4% $145 / Sq Ft
03/23/2023 03/23/23 Price Changed $369,000 -1.6% $149 / Sq Ft
03/02/2023 03/02/23 For Sale $375,000 -- $151 / 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 $3,798 $36,933 $4,000 $32,933
2024 $3,798 $36,933 $4,000 $32,933
2023 $3,702 $18,000 $3,200 $14,800
2022 $3,702 $18,000 $3,200 $14,800
2021 $3,620 $18,000 $3,200 $14,800
2020 $2,874 $12,903 $3,120 $9,783
2019 $2,881 $14,337 $3,120 $11,217
2018 $2,832 $14,337 $3,120 $11,217
2017 $2,666 $12,384 $2,720 $9,664
2016 $2,480 $12,384 $2,720 $9,664
2015 $2,269 $12,384 $2,720 $9,664
2014 $2,281 $12,293 $2,560 $9,733
2013 $2,236 $12,293 $2,560 $9,733
Source: Public Records

Agents Affiliated with this Home

  • Asia Orr

    Seller's Agent in 2023

    Asia Orr

    Crosstown Realtors, Inc.

    (708) 257-0290

    1 in this area

    19 Total Sales

    Asia Orr
    Section Image
  • Karina Barrera

    Buyer's Agent in 2023

    Karina Barrera

    Coldwell Banker Realty

    (773) 355-7650

    2 in this area

    53 Total Sales

    Karina Barrera
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11725339

Midwest Real Estate Data (MRED)

APN: 16-04-112-030-0000

Illinois Cook County Chicago 60651 Austin

1412 N Lorel Ave, Chicago, IL

Not Listed for Sale

Detached

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