NOT LISTED FOR SALE

1505 N Massasoit Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $295,000 - $362,000

4 Beds
1.5 Baths
1,300 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $200,000 $154 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,978/month

34 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Bungalow
  • 2 Car Detached Garage
  • Laundry Room
  • 1-Story Property

About This Home

As of August 2017

Wow, a hidden Gem. Completely rehabbed at a magnificent price, will not last. New Kitchen, Baths, Basement, Boiler Unit, Electric, Furnace, the list goes on. Come and see your new home before it's gone.

Last Agent to Sell the Property

Alejandro Diaz

GLD Realty, Inc. License #471019224 Listed on: 05/26/2017

Last Buyer's Agent

Gustavo Martinez

Chicagoland Brokers, Inc.

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1915 | Remodeled in 2017

Lot Details

  • 3,842 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Bungalow

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Finished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,556

Year Built

Built in 1915 | Remodeled in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1300
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1243
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 205500
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.0882
  • Lot Dimensions: 25 X 125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1555.72
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Aug 11, 2017
Sold by
Corporan Bienvenido
Bought by
Magana Bianca K
Seller's Agent
Alejandro Diaz
GLD Realty, Inc.
Buyer's Agent
Gustavo Martinez
Chicagoland Brokers, Inc.
List Price
$205,500
Sold Price
$200,000
Premium/Discount to List
-$5,500
-2.68%
Current Estimated Value
$321,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,834
Avg. Annual Appreciation
5.97%
Original Mortgage
$190,000
Outstanding Balance
$161,280
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$160,554

Purchase Details

Listed on
Oct 20, 2015
Closed on
Apr 11, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Corporan Bienvbenido
Seller's Agent
Robert Padron
Re/Max Cityview
Buyer's Agent
Alejandro Diaz
GLD Realty, Inc.
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.22%

Purchase Details

Closed on
Aug 6, 2015
Sold by
Sandifer Janet
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 5, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 14, 1999
Sold by
Williams Charlie and Williams Mary
Bought by
Sandifer Betty and Sandifer Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,822
Interest Rate
7.87%
Mortgage Type
FHA
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
Magana Bianca K $200,000 Attorneys Title Guaranty Fun
Corporan Bienvbenido $85,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Sandifer Betty $108,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magana Bianca K $190,000
Previous Owner Sandifer Betty $107,822
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2017 11/10/17 Off Market $200,000 -- --
08/11/2017 08/11/17 Sold $200,000 -2.7% $154 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $205,500 0.0% $158 / Sq Ft
06/16/2017 06/16/17 Price Changed $205,500 +2.8% $158 / Sq Ft
06/14/2017 06/14/17 Off Market $200,000 -- --
05/26/2017 05/26/17 For Sale $219,500 +158.2% $169 / Sq Ft
04/15/2016 04/15/16 Sold $85,000 -14.9% $68 / Sq Ft View Prior Sale
03/17/2016 03/17/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $99,900 0.0% $80 / Sq Ft
12/02/2015 12/02/15 Pending -- -- --
11/25/2015 11/25/15 Price Changed $99,900 -4.8% $80 / Sq Ft
10/20/2015 10/20/15 For Sale $104,900 -- $84 / 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 $3,309 $21,000 $4,805 $16,195
2023 $3,204 $19,000 $3,844 $15,156
2022 $3,204 $19,000 $3,844 $15,156
2021 $3,151 $19,000 $3,844 $15,156
2020 $2,131 $12,670 $3,747 $8,923
2019 $2,139 $14,078 $3,747 $10,331
2018 $2,102 $14,078 $3,747 $10,331
2017 $2,392 $11,113 $3,267 $7,846
2016 $1,726 $11,113 $3,267 $7,846
2015 $1,556 $11,113 $3,267 $7,846
2014 $1,872 $12,660 $3,075 $9,585
2013 $1,824 $12,660 $3,075 $9,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09639949

Midwest Real Estate Data (MRED)

APN: 16-05-205-021-0000