NOT LISTED FOR SALE

1507 S Central Ave Cicero, IL 60804

Estimated Value: $289,000 - $310,000

2 Beds
2 Baths
1,300 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $151,000 $116 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,088/month

6 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • 2 Car Detached Garage
  • Cottage
  • Fenced Yard
  • 4-minute walk to Warren Park Building

About This Home

As of September 2014

TOTALLY REMODELED BRICK COTTAGE; REFINISHED HARDWOOD FLOORS, BRAND NEW ROOF ON HOUSE & GARAGE, FINISHED BSMT. W/FULL BATH AND 2 ADDITIONAL BEDROOMS, NEW TUCKPOINT, NEW CONCRETE ON THE BACK OF THE HOUSE, GARAGE UP TO 60% RENOVATED W/DOOR OPENER AND THE LIST GOES ON. Office Code # B183-14.

Last Agent to Sell the Property

Heliodoro Mayorga

Century 21 Circle License #475134304 Listed on: 07/10/2014

Century 21 Circle

Last Buyer's Agent

Maria Galindo

RE/MAX 10 License #475148479

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,382

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 28x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Cottage
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Potential Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,382

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cottage
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1927
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: In-Law Arrangement
  • LivingArea: 1300
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Separate
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 149750
  • Lot Features: Fenced Yard
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 99

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 28X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4382
  • Tax Year: 2012
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2014
Closed on
Sep 29, 2014
Sold by
Carreno J Guadalupe
Bought by
Carreno Jesse
Seller's Agent
Heliodoro Mayorga
Century 21 Circle
Buyer's Agent
Maria Galindo
RE/MAX 10
List Price
$149,750
Sold Price
$151,000
Premium/Discount to List
$1,250
0.83%
Current Estimated Value
$299,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,705
Avg. Annual Appreciation
6.15%
Original Mortgage
$10,000
Interest Rate
4.09%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 12, 2014
Sold by
Chicago Title Land Trust Co Tr 800234806 and Chicago Title Land Trust Co Tr
Bought by
Carreno Jesse J and Carreno Guadalupe J
Seller's Agent
Heliodoro Mayorga
Century 21 Circle
Buyer's Agent
Maria Galindo
RE/MAX 10
List Price
$149,750
Sold Price
$151,000
Premium/Discount to List
$1,250
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.09%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Mar 14, 2014
Closed on
Apr 25, 2014
Sold by
Excel Property Investments Llc
Bought by
Carreno J Guadalupe and Carreno Jesse J
Seller's Agent
Geraldo Roman
Roman Properties, LLC.
Buyer's Agent
Heliodoro Mayorga
Century 21 Circle
List Price
$89,000
Sold Price
$91,500
Premium/Discount to List
$2,500
2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
220.59%

Purchase Details

Listed on
Mar 14, 2014
Closed on
Apr 23, 2014
Sold by
Chicago Title Land Trust Company
Bought by
Carreno J Guadalupe and Carreno Jesse J
Seller's Agent
Geraldo Roman
Roman Properties, LLC.
Buyer's Agent
Heliodoro Mayorga
Century 21 Circle
List Price
$89,000
Sold Price
$91,500
Premium/Discount to List
$2,500
2.81%

Purchase Details

Closed on
Sep 6, 2007
Sold by
Portalatin Pedro
Bought by
Excel Property Investments Llc and Chicago Title & Trust

Purchase Details

Closed on
Jun 2, 2003
Sold by
Gonzalez Jose A and Gonzalez Maria
Bought by
Portalatin Pedro and Portalatin Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
8.87%
Mortgage Type
Unknown
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
Carreno Jesse $151,000 Fidelity National Title
Carreno Jesse J -- --
Carreno Jesse J -- --
Carreno Jesse J -- --
Carreno J Guadalupe $91,500 Prism Title
Carreno J Guadalupe -- Multiple
Excel Property Investments Llc $163,500 None Available
Portalatin Pedro $162,000 --
Portalatin Pedro $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carreno Jesse $10,000
Open Carreno Jesse $143,467
Previous Owner Portalatin Pedro $137,700
Closed Portalatin Pedro $24,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2014 09/29/14 Sold $151,000 0.0% $116 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
07/15/2014 07/15/14 Off Market $151,000 -- --
07/15/2014 07/15/14 For Sale $149,750 0.0% $115 / Sq Ft
07/10/2014 07/10/14 For Sale $149,750 +63.7% $115 / Sq Ft
04/25/2014 04/25/14 Sold $91,500 +2.8% $70 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $89,000 -- $68 / 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 $5,983 $21,000 $3,657 $17,343
2023 $4,710 $21,000 $3,657 $17,343
2022 $4,710 $14,206 $3,147 $11,059
2021 $4,694 $14,205 $3,146 $11,059
2020 $4,660 $14,205 $3,146 $11,059
2019 $2,935 $9,445 $2,891 $6,554
2018 $6,458 $13,585 $2,891 $10,694
2017 $6,216 $13,585 $2,891 $10,694
2016 $4,490 $9,357 $2,381 $6,976
2015 $4,437 $9,357 $2,381 $6,976
2014 $4,276 $9,357 $2,381 $6,976
2013 $4,598 $11,127 $2,381 $8,746
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08668893

Midwest Real Estate Data (MRED)

APN: 16-21-101-027-0000