NOT LISTED FOR SALE

1607 S 48th Ct Cicero, IL 60804

Estimated Value: $249,000 - $352,000

5 Beds
3 Baths
3,780 Sq Ft
$80/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $130,000 $34 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,133/month

6 Days on Market

About This Home

As of October 2014

Beautiful 5 bedrooms and 2/1 Bath Cicero Large Brick Bungalow features Hard Wood Floors, New Windows, New Furnace, Good Roof conditions. Walk up Attic, Open Basement with half bath. 2 Car Garage.

Last Agent to Sell the Property

Natalia Martinez

RE/MAX MI CASA License #475133449 Listed on: 07/11/2014

RE/MAX MI CASA

Last Buyer's Agent

Leticia Valencia

Golden Homes Real Estate Inc. License #475159637

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2014
Closed on
Oct 6, 2014
Sold by
Benitez Ismael and Benitez Martin
Bought by
Contreras Pedro and Garcia Jeanette
Seller's Agent
Natalia Martinez
RE/MAX MI CASA
Buyer's Agent
Leticia Valencia
Golden Homes Real Estate Inc.
List Price
$117,000
Sold Price
$130,000
Premium/Discount to List
$13,000
11.11%
Total Days on Market
6
Current Estimated Value
$301,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,356
Avg. Annual Appreciation
8.18%
Original Mortgage
$127,645
Outstanding Balance
$99,504
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$201,852

Purchase Details

Closed on
Oct 20, 2006
Sold by
Benitez Martin
Bought by
Benitez Ismael and Benitez Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 11, 2005
Sold by
Bravo Seid and Morris Daniel J
Bought by
Benitez Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 25, 2001
Sold by
Coleman Merold and Duncan Merold
Bought by
Bravo Seid and Morris Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,104
Interest Rate
7.22%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Contreras Pedro $130,000 Pntn Inc
Benitez Ismael -- First American Title Ins Co
Benitez Martin $190,000 Prairie Title
Bravo Seid $129,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Pedro $127,645
Previous Owner Benitez Ismael $35,000
Previous Owner Benitez Ismael $192,500
Previous Owner Benitez Martin $152,000
Previous Owner Benitez Martin $38,000
Previous Owner Bravo Seid $127,500
Previous Owner Bravo Seid $127,104
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2014 10/06/14 Sold $130,000 0.0% $34 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
07/17/2014 07/17/14 Price Changed $130,000 0.0% $34 / Sq Ft
07/15/2014 07/15/14 Off Market $130,000 -- --
07/11/2014 07/11/14 For Sale $117,000 -- $31 / 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 $5,377 $21,528 $4,347 $17,181
2023 $5,377 $24,000 $4,347 $19,653
2022 $5,377 $15,731 $3,780 $11,951
2021 $5,353 $15,731 $3,780 $11,951
2020 $5,300 $15,731 $3,780 $11,951
2019 $5,198 $14,084 $3,402 $10,682
2018 $5,062 $14,084 $3,402 $10,682
2017 $4,900 $14,084 $3,402 $10,682
2016 $3,715 $10,238 $2,835 $7,403
2015 $3,611 $10,238 $2,835 $7,403
2014 $3,505 $10,238 $2,835 $7,403
2013 $3,504 $11,110 $2,835 $8,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08670227

Midwest Real Estate Data (MRED)

APN: 16-21-407-004-0000