NOT LISTED FOR SALE

1414 S 50th Ct Cicero, IL 60804

Estimated Value: $245,685

4 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold November 11, 2015

Last sale price $47,324

Est. 419% increase in value since last sale

Current estimated payment $1,725/month

196 Days on Market

About This Home

As of November 2015

REO - BANK OWNED.PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. "SELLER WILL NOT ACTIVATE ANY UTILTIES" Listing Broker & Seller assume no responsibility & make no guarantees/warranties or representations as to the availability or accuracy of the property information, photographs or other information depicted/described herein.. CASH OFFERS

Last Agent to Sell the Property

Paul Rakowski

Owners.com Listed on: 03/02/2015

Last Buyer's Agent

Jose Godinez

RE/MAX Partners License #475129911

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 3,049

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,049 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 46300
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 99

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 3150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3758.34
  • Tax Year: 2013

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
Sep 24, 2015
Sold by
Deutsche Bank National Trust Co
Bought by
Salazar Veronica and Rodriguez Luis
Seller's Agent
Paul Rakowski
Owners.com
Buyer's Agent
Jose Godinez
RE/MAX Partners
List Price
$90,100
Sold Price
$47,324
Premium/Discount to List
-$42,776
-47.48%
Current Estimated Value
$245,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,361
Avg. Annual Appreciation
18.45%

Purchase Details

Closed on
Nov 25, 2014
Sold by
Fajardo Esperanza
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 21, 2004
Sold by
Fajardo Esperanza and Garcia Maria J
Bought by
Fajardo Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2003
Sold by
Lasalle Bank Na
Bought by
Cristobal Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 1995
Sold by
Bibiak Eduardo and Bibian Maria C
Bought by
Fajardo Esperanza and Garcia Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,847
Interest Rate
7.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Salazar Veronica $45,000 Attorney
Deutsche Bank National Trust Company -- None Available
Fajardo Esperanza -- Lawyers Title Ins
Cristobal Victor $147,000 Git
Fajardo Esperanza $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fajardo Esperanza $177,000
Previous Owner Fajardo Esperanza $110,000
Previous Owner Cristobal Victor $139,650
Previous Owner Fajardo Esperanza $74,847
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2015 11/11/15 Sold $47,324 +2.2% --
09/15/2015 09/15/15 Price Changed $46,300 -2.2% --
09/14/2015 09/14/15 Pending -- -- --
09/03/2015 09/03/15 Off Market $47,324 -- --
07/07/2015 07/07/15 Price Changed $56,300 +19.0% --
07/03/2015 07/03/15 Pending -- -- --
03/02/2015 03/02/15 Off Market $47,324 -- --
03/02/2015 03/02/15 For Sale $90,100 -- --
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 $4,629 $15,883 $3,386 $12,497
2023 $2,465 $17,000 $3,386 $13,614
2022 $2,465 $9,066 $2,914 $6,152
2021 $2,475 $9,065 $2,913 $6,152
2020 $2,502 $9,065 $2,913 $6,152
2019 $3,398 $10,395 $2,677 $7,718
2018 $3,309 $10,395 $2,677 $7,718
2017 $3,212 $10,395 $2,677 $7,718
2016 $3,212 $9,190 $2,205 $6,985
2015 $3,777 $10,589 $2,205 $8,384
2014 $3,665 $10,589 $2,205 $8,384
2013 $3,758 $11,725 $2,205 $9,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08849497

Midwest Real Estate Data (MRED)

APN: 16-21-218-030-0000