NOT LISTED FOR SALE

1540 N Massasoit Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $358,000 - $382,000

3 Beds
1 Bath
1,147 Sq Ft
$324/Sq Ft Est. Value

Last Sold January 28, 2015

Last sale price $171,000 $149 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,491/month

28 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Dining Room
  • Living Room
  • Forced Air Heating System

About This Home

As of January 2015

Property is occupied & occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available & property is sold as is. Property is sold through auction. SOLD "AS IS" CONDITION. NO SURVEY/DISCLOSURES. PROOF OF FUND/ PRE-APPROVAL MUST ACCOMPANY ALL OFFERS. ADDENDUM REQ AFTER ACCEPTANCE. EM MUST BE CERT FUNDS. ROOM SZE/DETAILS NOT GRNTD.

Last Agent to Sell the Property

Rosa Salinas

A&R Realty LLC License #471017929 Listed on: 11/26/2014

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1919

Lot Details

  • Lot Dimensions are 28 x 119

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,147 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,492

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1919
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1147
  • Room Type: No additional rooms
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 55700
  • 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: None
  • 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 Dimensions: 28 X 119
  • 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: 2492
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Mizhquiri Victor
Bought by
Lopez Pedro and Espinoza Daisy A Ortega
Current Estimated Value
$372,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 26, 2014
Closed on
Jan 7, 2015
Sold by
U S Bank National Association
Bought by
Mizhquiri Victor
Seller's Agent
Rosa Salinas
A&R Realty LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$55,700
Sold Price
$171,000
Premium/Discount to List
$115,300
207%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%

Purchase Details

Closed on
Jun 13, 2014
Sold by
Trochowski Michelle and Trochowski Jeff
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 8, 2005
Sold by
Collier William J
Bought by
Trochowski Jeff and Trochowski Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 30, 1994
Sold by
Wright Gregory L and Wright Wilecy
Bought by
Collier William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,591
Interest Rate
8.64%
Mortgage Type
FHA
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
Lopez Pedro $245,000 Fidelity National Title
Mizhquiri Victor $60,000 First American Title
U S Bank National Association -- None Available
Trochowski Jeff $180,000 Integrity Title
Collier William J -- --
Collier William J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Pedro $245,000
Closed Lopez Pedro $240,562
Closed Lopez Pedro $240,562
Closed Lopez Pedro $7,500
Previous Owner Trochowski Jeff $192,000
Previous Owner Collier William J $180,000
Previous Owner Trochowski Jeff $144,000
Previous Owner Trochowski Jeff $36,000
Previous Owner Collier William J $139,000
Previous Owner Collier William J $116,250
Previous Owner Collier William J $15,500
Previous Owner Collier William J $120,000
Previous Owner Collier William J $100,000
Previous Owner Collier William J $8,860
Previous Owner Collier William J $78,000
Previous Owner Collier William J $74,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $171,000 0.0% $149 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
11/26/2014 11/26/14 Off Market $171,000 -- --
11/26/2014 11/26/14 For Sale $55,700 -- $49 / 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 $5,604 $27,001 $5,043 $21,958
2023 $5,759 $26,561 $4,034 $22,527
2022 $5,759 $28,000 $4,034 $23,966
2021 $5,631 $28,000 $4,034 $23,966
2020 $3,615 $16,226 $3,933 $12,293
2019 $3,622 $18,029 $3,933 $14,096
2018 $3,561 $18,029 $3,933 $14,096
2017 $3,349 $15,558 $3,428 $12,130
2016 $3,116 $15,558 $3,428 $12,130
2015 $2,851 $15,558 $3,428 $12,130
2014 $2,577 $13,888 $3,226 $10,662
2013 $2,526 $13,888 $3,226 $10,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08793181

Midwest Real Estate Data (MRED)

APN: 16-05-204-023-0000