NOT LISTED FOR SALE

1516 W Farwell Ave Unit G Chicago, IL 60626

Rogers Park Neighborhood

Estimated Value: $188,042 - $283,000

2 Beds
1 Bath
-- Sq Ft
6,839 Sq Ft Lot

Last Sold December 29, 2015

Last sale price $60,225

Est. 263% increase in value since last sale

Current estimated payment $1,298/month

37 Days on Market

About This Home

As of December 2015

Opportunity knocks! 2 bedroom condo in Rogers Park. Gated building. Convenient location- close to shops and public transportation. SOLD AS-IS.

Last Agent to Sell the Property

Kirby Pearson

Pearson Realty Group License #471002409 Listed on: 11/03/2015

Pearson Realty Group

Co-Listed By

Parker Pearson

Pearson Realty Group License #475143969

Last Buyer's Agent

Samson Ayankoya

Century 21 Universal License #471010378

Century 21 Universal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,832

Year Built

  • 1909

Lot Details

  • 6,839

Parking

  • Parking Available

Home Design

  • Brick Exterior Construction

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,832

Year Built

1909

Lot Details

0

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: G
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1909
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1909

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X13, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X10, On Level: Main Level
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes

Utilities

  • 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
  • Special Assessments: U
  • Management Phone: 111-111-1111

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 11321150261001

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 3

Tax Info

  • Taxes: 1844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2015
Closed on
Dec 14, 2015
Sold by
Ally Bank
Bought by
Adeyemi Prince Biodun
Seller's Agent
Kirby Pearson
Pearson Realty Group
Buyer's Agent
Samson Ayankoya
Century 21 Universal
List Price
$64,900
Sold Price
$60,225
Premium/Discount to List
-$4,675
-7.2%
Current Estimated Value
$218,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,536
Avg. Annual Appreciation
14.01%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Ibarra Maria
Bought by
Ally Bank

Purchase Details

Closed on
Apr 11, 2008
Sold by
Siddiqi Mohammad
Bought by
Ibarra Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
May 6, 1999
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Siddiqi Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,925
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Adeyemi Prince Biodun $60,500 First American
Ally Bank -- None Available
Ibarra Maria $272,000 Chicago Title Insurance Co
Siddiqi Mohammad $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibarra Maria $217,600
Previous Owner Siddiqi Mohammad $92,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2015 12/29/15 Sold $60,225 +9.7% --
12/10/2015 12/10/15 Pending -- -- --
12/01/2015 12/01/15 Price Changed $54,900 -15.4% --
11/03/2015 11/03/15 For Sale $64,900 -- --
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 $1,832 $25,711 $5,130 $20,581
2023 $1,764 $12,000 $4,104 $7,896
2022 $1,764 $12,000 $4,104 $7,896
2021 $1,743 $11,999 $4,103 $7,896
2020 $1,162 $8,318 $3,305 $5,013
2019 $1,174 $9,273 $3,305 $5,968
2018 $1,153 $9,273 $3,305 $5,968
2017 $1,618 $10,893 $2,963 $7,930
2016 $2,182 $10,893 $2,963 $7,930
2015 $1,996 $10,893 $2,963 $7,930
2014 $1,844 $9,939 $2,735 $7,204
2013 $1,808 $9,939 $2,735 $7,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09079599

Midwest Real Estate Data (MRED)

APN: 11-32-115-026-1001