NOT LISTED FOR SALE

1523 N Massasoit Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $215,000 - $323,000

3 Beds
2 Baths
1,300 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 27, 2013

Last sale price $85,000 $65 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $1,805/month

138 Days on Market

About This Home

As of February 2013

3 bedroom brick bungalow in good condition with finished basement. Additional 2 bedrooms, 2 car garage. Short sale. Taxes prorated at 100%. No survey will be provided.

Last Agent to Sell the Property

Mel Alvizures

ABC REALTORS, Inc. License #471008468 Listed on: 03/15/2012

Last Buyer's Agent

Jose Campoverde

Chicagoland Brokers, Inc. License #475130449

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,309

Year Built

  • 1916

Lot Details

  • 3,485

Parking

  • 2

Home Design

  • Brick Exterior Construction

Partially Finished Basement

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

Utilities

  • No Cooling
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$3,309

Year Built

1916

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 6
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 10X19
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 9X19
  • Living Room Level: Main Level
  • Living Room Size: 12X17
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 12X14
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 12X13
  • Kitchen Flooring: Other

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Air Conditioner: None
  • Water: Lake Michigan
  • Heat/Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30 X 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2012
Closed on
Feb 25, 2013
Sold by
Jacobo Juan A and Jacobo Melania
Bought by
Cooperwood Sylvia A
Seller's Agent
Mel Alvizures
ABC REALTORS, Inc.
Buyer's Agent
Jose Campoverde
Chicagoland Brokers, Inc.
List Price
$139,000
Sold Price
$85,000
Premium/Discount to List
-$54,000
-38.85%
Current Estimated Value
$289,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,380
Avg. Annual Appreciation
10.17%
Original Mortgage
$83,460
Outstanding Balance
$57,762
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$231,618

Purchase Details

Closed on
Aug 11, 2005
Sold by
Sapp Tabitha J
Bought by
Lasalle Bank Na and Trust #127194

Purchase Details

Closed on
Nov 13, 2000
Sold by
First Suburban National Bank
Bought by
Roby Ronald and Sapp Tabitha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,798
Interest Rate
7.22%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2000
Sold by
Sims Karvin and Sims Marilyn
Bought by
First Suburban National Bank and Trust #9812-00
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
Cooperwood Sylvia A $85,000 None Available
Lasalle Bank Na $172,500 --
Roby Ronald $142,000 --
First Suburban National Bank $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooperwood Sylvia A $83,460
Previous Owner Roby Ronald $140,798
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2013 02/27/13 Sold $85,000 -15.0% $65 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
05/11/2012 05/11/12 Price Changed $99,999 -22.5% $77 / Sq Ft
04/09/2012 04/09/12 Price Changed $129,000 -7.2% $99 / Sq Ft
03/15/2012 03/15/12 For Sale $139,000 -- $107 / 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 $22,000 $4,805 $17,195
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 $2,622 $14,874 $3,747 $11,127
2019 $2,632 $16,527 $3,747 $12,780
2018 $2,586 $16,527 $3,747 $12,780
2017 $2,462 $14,812 $3,267 $11,545
2016 $2,967 $14,812 $3,267 $11,545
2015 $2,714 $14,812 $3,267 $11,545
2014 $2,759 $14,872 $3,075 $11,797
2013 $2,705 $14,872 $3,075 $11,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08018942

Midwest Real Estate Data (MRED)

APN: 16-05-205-015-0000