NOT LISTED FOR SALE

1416 W Farwell Ave Unit 1R Chicago, IL 60626

Rogers Park Neighborhood

Estimated Value: $221,000 - $363,000

3 Beds
2 Baths
1,200 Sq Ft
$240/Sq Ft Est. Value

Last Sold February 27, 2013

Last sale price $92,900 $77 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,025/month

22 Days on Market

About This Home

As of February 2013

FORECLOSED CONDO UNIT. NEWER CONSTRUCTION AND GREAT POTENTIAL BUT UNIT HAS EXTENSIVE DAMAGE AND MOLD. PROPERTY SUBJECT TO FREDDIE MAC FIRST LOOK PROGRAM UNTIL 1/25/2013. UNIT CANNOT BE RENTED AND BUILDING IS NOT FHA APPROVED.

Last Agent to Sell the Property

Barbara Thouvenell Baffoe

P.R.S. Associates, Inc. License #471000236 Listed on: 01/10/2013

Last Buyer's Agent

Connie Abels

RE/MAX Premier License #471003976

RE/MAX Premier

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,798

Year Built

  • 2007

Lot Details

  • 5,184

HOA Fees

  • $200 per month

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$3,798

Year Built

2007

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Attached Single
  • Type Attached: Condo, Condo-Duplex
  • Unit Floor Level: 1
  • Special Features: 20
  • Stories: 3
  • Year Built: 2007

Interior Features

  • Number Of Rooms: 6
  • Equipment: TV-Cable, Intercom
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Lower
  • Master Bedroom Size: 13X11
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Lower
  • Second Bedroom Size: 11X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Lower
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 20X14
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: COMBO
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 14X12
  • Kitchen Flooring: Hardwood
  • Laundry Level: Lower
  • Laundry Size: 8X8
  • Laundry Flooring: Hardwood
  • Additional Rooms: No additional rooms

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Cooling: Central Air
  • Electricity: Circuit Breakers
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 200
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: 1416 FARWELL HOA

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2013
Sold by
Heintz Jeffrey
Bought by
Declarat Heintz Jeffrey L and Jeffrey L Heintz Self Declaration Of Tru
Current Estimated Value
$288,131

Purchase Details

Listed on
Jan 10, 2013
Closed on
Feb 11, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Heintz Jeffrey
Seller's Agent
Barbara Thouvenell Baffoe
P.R.S. Associates, Inc.
Buyer's Agent
Connie Abels
RE/MAX Premier
List Price
$94,900
Sold Price
$92,900
Premium/Discount to List
-$2,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
Sep 5, 2012
Sold by
Barnett Yumeka M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 23, 2007
Sold by
1416 W Farwell Llc
Bought by
Barnett Yumeka M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.38%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Declarat Heintz Jeffrey L -- None Available
Heintz Jeffrey $93,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Barnett Yumeka M $440,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnett Yumeka M $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2013 02/27/13 Sold $92,900 -2.1% $77 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $94,900 -- $79 / 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 $3,798 $30,170 $2,207 $27,963
2023 $3,702 $18,000 $1,765 $16,235
2022 $3,702 $18,000 $1,765 $16,235
2021 $3,619 $17,999 $1,765 $16,234
2020 $3,232 $14,507 $1,422 $13,085
2019 $3,249 $16,172 $1,422 $14,750
2018 $3,195 $16,172 $1,422 $14,750
2017 $3,064 $14,232 $1,275 $12,957
2016 $2,851 $14,232 $1,275 $12,957
2015 $2,946 $16,079 $1,275 $14,804
2014 $3,506 $18,895 $1,176 $17,719
2013 $1,748 $9,610 $1,176 $8,434
Source: Public Records

Agents Affiliated with this Home

  • Connie Abels

    Buyer's Agent in 2013

    Connie Abels

    RE/MAX

    (312) 475-1717

    143 in this area

    202 Total Sales

    Connie Abels
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08247129

Midwest Real Estate Data (MRED)

APN: 11-32-116-035-1002

Illinois Cook County Chicago 60626 Rogers Park

1416 W Farwell Ave Unit 1R, Chicago, IL

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