NOT LISTED FOR SALE

1501 W Cornelia Ave Unit 15011 Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $402,000 - $454,000

1 Bed
1 Bath
1,200 Sq Ft
$358/Sq Ft Est. Value

About This Home

This home is located at 1501 W Cornelia Ave Unit 15011, Chicago, IL 60657 and is currently estimated at $429,237, approximately $357 per square foot. 1501 W Cornelia Ave Unit 15011 is a home located in Cook County with nearby schools including Hamilton Elementary School, Lake View High School, and Saint Luke Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Green Thomas M and Green Katherine D
Bought by
Smith Alexander P
Current Estimated Value
$429,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,900
Outstanding Balance
$356,202
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$73,035

Purchase Details

Closed on
May 12, 2022
Sold by
Solomon Edward A
Bought by
Green Thomas M and Green Katherinar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,200
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2018
Sold by
Wiesner Nicholas and Mcgowan Caitlin
Bought by
Solomon Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2012
Sold by
Aarstad Lance T and Aarstad Arnold R
Bought by
Weisner Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,978
Interest Rate
3.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Smith Alexander P $401,000 None Listed On Document
Green Thomas M $1,116,000 Citywide Title
Solomon Edward A $352,000 First American Title
Weisner Nicholas $194,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Alexander P $360,900
Previous Owner Green Thomas M $316,200
Previous Owner Solomon Edward A $256,000
Previous Owner Solomon Edward A $264,000
Previous Owner Weisner Nicholas $226,978
Source: Public Records

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 $6,962 $38,574 $11,541 $27,033
2023 $6,084 $33,000 $9,307 $23,693
2022 $6,084 $33,000 $9,307 $23,693
2021 $5,966 $32,999 $9,306 $23,693
2020 $5,974 $29,921 $3,970 $25,951
2019 $6,549 $32,594 $3,970 $28,624
2018 $5,760 $32,594 $3,970 $28,624
2017 $4,076 $22,308 $3,474 $18,834
2016 $4,468 $22,308 $3,474 $18,834
2015 $4,088 $22,308 $3,474 $18,834
2014 $4,024 $21,691 $2,838 $18,853
2013 $3,945 $21,691 $2,838 $18,853
Source: Public Records

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