NOT LISTED FOR SALE

1417 N Lotus Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $251,000 - $344,000

5 Beds
1 Bath
1,269 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $160,000 $126 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,835/month

131 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Bathroom on Main Level
  • Stainless Steel Appliances
  • Bungalow
  • Forced Air Heating System

About This Home

As of July 2015

TOTAL GUT REHAB!!!! NEW FEATURES INCLUDE NEW.... KITCHEN, GRANITE COUNTER TOPS, CABINETS, STAINLESS STEEL APPLIANCES. REFINISHED HARDWOOD FLOORS, GUTTED BATHROOMS IN THE MAIN LEVEL AND BASEMENT, NEW CARPETING ON THE 2ND LEVEL, NEW PLUMBING & ELECTRICAL. SO MANY NEWS.....CAN'T FIT EVERYTHING IN. ADDITIONAL BEDROOM IN THE BASEMENT!!!

Last Agent to Sell the Property

Angelo Kalaras

SR Realty Group Inc. License #475140978 Listed on: 11/14/2014

Last Buyer's Agent

Lorena Verdin

Verdin Real Estate Group License #471010039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,958

Year Built

  • 1916

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction

Finished Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Stainless Steel Appliances
  • Wood Flooring
  • Bathroom on Main Level

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,800 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,958

Year Built

1916

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1916
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 27X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: All Stainless Steel Kitchen Appliances
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X10, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 16X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1269

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0882

Garage/Parking

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

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 129 X 30
  • Parcel Identification Number: 16041110140000

Tax Info

  • Taxes: 1878.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2014
Closed on
Jul 7, 2015
Sold by
Pearl Realty Inc
Bought by
Nieves Maribel
Seller's Agent
Angelo Kalaras
SR Realty Group Inc.
Buyer's Agent
Lorena Verdin
Verdin Real Estate Group
List Price
$189,900
Sold Price
$160,000
Premium/Discount to List
-$29,900
-15.75%
Current Estimated Value
$293,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,688
Avg. Annual Appreciation
6.18%
Original Mortgage
$5,000
Outstanding Balance
$3,941
Interest Rate
4.01%
Mortgage Type
Stand Alone Second
Estimated Equity
$289,747

Purchase Details

Closed on
Apr 15, 2013
Sold by
Mccarthy Anne M
Bought by
Pearl Realty Inc
Source: Public Records

Range of Values:

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Average Value
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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
Nieves Maribel $160,000 Ct
Pearl Realty Inc -- Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieves Maribel $5,000
Open Nieves Maribel $157,102
Previous Owner Mccarthy Anne M $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $160,000 -11.1% $126 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
12/18/2014 12/18/14 Price Changed $179,900 -2.7% $142 / Sq Ft
12/04/2014 12/04/14 Price Changed $184,900 -2.6% $146 / Sq Ft
11/14/2014 11/14/14 For Sale $189,900 -- $150 / 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 $2,958 $18,400 $4,800 $13,600
2023 $2,858 $18,000 $3,840 $14,160
2022 $2,858 $18,000 $3,840 $14,160
2021 $2,816 $18,000 $3,840 $14,160
2020 $1,918 $12,331 $3,744 $8,587
2019 $1,926 $13,702 $3,744 $9,958
2018 $2,028 $13,702 $3,744 $9,958
2017 $1,517 $10,423 $3,264 $7,159
2016 $1,777 $11,367 $3,264 $8,103
2015 $1,602 $11,367 $3,264 $8,103
2014 $1,928 $12,959 $3,072 $9,887
2013 $1,879 $12,959 $3,072 $9,887
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Angelo Kalaras

    SR Realty Group Inc.

    Section Image
  • Lorena Verdin

    Buyer's Agent in 2015

    Lorena Verdin

    Verdin Real Estate Group

    (708) 878-2896

    1 in this area

    53 Total Sales

    Lorena Verdin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08786582

Midwest Real Estate Data (MRED)

APN: 16-04-111-014-0000

Illinois Cook County Chicago 60651 Austin

1417 N Lotus Ave, Chicago, IL

This home is located at 1417 N Lotus Ave, Chicago, IL 60651 since 14 November 2014 and is currently estimated at $293,688, approximately $231 per square foot. This property was built in 1916. 1417 N Lotus Ave is a home located in Cook County with nearby schools including Ella Flagg Young School, Orr Academy High School, and Christ Lutheran School.

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