NOT LISTED FOR SALE

1413 N Lorel Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $202,000 - $259,000

3 Beds
3 Baths
1,200 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2012

Last sale price $39,000 $32 Per Sq Ft

Est. 505% increase in value since last sale

Current estimated payment $1,439 / mo

41 Days on Market

About This Home

As of May 2012

AVERAGE CONDITION SINGLE FAMILY HOME FOR SALE AT A GREAT PRICE. THIS HOME NEEDS SOME REPAIR BUT HAS BEEN CLEANED OUT AND LOCATED ON A STABLE BLOCK. THE SELLER MAY FINANCE QUALIFIED BUYERS, OR INVESTORS MAKE A CASH OFFER. SOLD AS-IS, LOCALLY OWNED, NOT A BANK REO OR SHORT SALE. SELLER IS MOTIVATED. QUICK CLOSE AVAILABLE ! NO SURVEY OR WORK WILL BE DONE BY SELLER. MAKE AN OFFER, EASY TO SHOW

Last Agent to Sell the Property

Timothy Gray

The Chicagoland RE Auction Co. License #471003700 Listed on: 02/07/2012

Last Buyer's Agent

Timothy Gray

The Chicagoland RE Auction Co. License #471003700 Listed on: 02/07/2012

Property Details

Home Type

  • Other

Year Built

  • 1895

Lot Details

  • 3,049

Home Design

  • Frame Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Year Built

1895

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Type Detached: 1.5 Story
  • Special Features: None
  • Year Built: 1895

Interior Features

  • Number Of Rooms: 5
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 10X10
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 9X10
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 9X10
  • Family Room Level: Main Level
  • Family Room Size: 12X10
  • Kitchen Level: Main Level
  • Kitchen Size: 12X12
  • Additional Rooms: No additional rooms

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Frame

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: Yes

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Arce Cesar D
Bought by
Arce Cesar D and Solano Vidal Medrano
Current Estimated Value
$235,952

Purchase Details

Closed on
Aug 16, 2017
Sold by
Wheeler Dealer Ltd
Bought by
Arce Cesar D and Carvagal Felipe J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2011
Sold by
County Of Cook
Bought by
Wheeler Dealer Ltd

Purchase Details

Closed on
May 18, 2007
Sold by
Brown Jesse L
Bought by
Freeman Annette

Purchase Details

Closed on
Sep 30, 2003
Sold by
Brown Jesse L
Bought by
Brown Jesse L and Freeman Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
6.4%
Mortgage Type
Unknown
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
Arce Cesar D -- None Listed On Document
Arce Cesar D $125,000 Proper Title Llc
Wheeler Dealer Ltd -- None Available
Freeman Annette -- None Available
Brown Jesse L -- Specialty Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arce Cesar D $122,735
Previous Owner Brown Jesse L $114,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2012 05/29/12 Sold $39,000 -2.3% $33 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $39,900 0.0% $33 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
02/22/2012 02/22/12 Price Changed $39,900 -3.9% $33 / Sq Ft
02/15/2012 02/15/12 Price Changed $41,500 -2.4% $35 / Sq Ft
02/07/2012 02/07/12 For Sale $42,500 -- $35 / 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 $2,254 $17,100 $4,000 $13,100
2024 $2,254 $17,100 $4,000 $13,100
2023 $2,176 $14,000 $3,200 $10,800
2022 $2,176 $14,000 $3,200 $10,800
2021 $2,146 $14,000 $3,200 $10,800
2020 $1,868 $11,486 $3,120 $8,366
2019 $1,875 $12,763 $3,120 $9,643
2018 $2,521 $12,763 $3,120 $9,643
2017 $1,854 $11,989 $2,720 $9,269
2016 $1,901 $11,989 $2,720 $9,269
2015 $1,716 $11,989 $2,720 $9,269
2014 $2,024 $13,476 $2,560 $10,916
2013 $1,973 $13,476 $2,560 $10,916
Source: Public Records

Agents Affiliated with this Home

  • Timothy Gray

    Seller's Agent in 2012

    Timothy Gray

    The Chicagoland RE Auction Co.

    (312) 953-1498

    5 in this area

    292 Total Sales

    Timothy Gray
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07990769

Midwest Real Estate Data (MRED)

APN: 16-04-113-015-0000

Illinois Cook County Chicago 60651 Austin

1413 N Lorel Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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