NOT LISTED FOR SALE

1621 N Lorel Ave Chicago, IL 60639

Austin Neighborhood

Estimated Value: $280,000 - $314,000

4 Beds
2 Baths
1,200 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $250,000 $208 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,835/month

63 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • In-Law or Guest Suite
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Dry Bar

About This Home

As of June 2024

Introducing a charming 2006-updated brick bungalow in North Austin. Newer hardwood floors, a finished and heated dormer attic, a finished basement set up for related living with a second living room, full bath, kitchen and bar, and plenty of storage space. Property is in need of tlc. Estate sale, sold as-is. *Highest and best due Wednesday 5/1 at 12pm.**

Last Agent to Sell the Property

Ashley Kaehn

Compass License #475173123 Listed on: 04/24/2024

Compass

Last Buyer's Agent

Fernando Roman

RE/MAX Partners License #475177693

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,999

Year Built

  • Built in 1922

Lot Details

  • 3,746 Sq Ft Lot
  • Lot Dimensions are 30x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property
  • Dry Bar
  • Entrance Foyer
  • Living Room with Fireplace
  • Sun or Florida Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,999

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Full Bath
  • LivingArea: 1200
  • Room Type: Kitchen, Foyer, Sun Room, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Rec/Family Area
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 225000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.086
  • Lot Dimensions: 30X125
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2999.37
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
May 31, 2024
Sold by
Crowell Farrell
Bought by
Gasca Gilberto Salazar
Seller's Agent
Ashley Kaehn
Compass
Buyer's Agent
Fernando Roman
RE/MAX Partners
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%
Views
140
Current Estimated Value
$298,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,338
Avg. Annual Appreciation
13.56%
Original Mortgage
$200,000
Outstanding Balance
$197,482
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$100,856

Purchase Details

Closed on
Dec 28, 1999
Sold by
Dale Marthria and Dale Koscina Yvette
Bought by
Crowell Farrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,828
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 1999
Sold by
Mitchell Leedora
Bought by
Dale Koscina Yvette and Dale Marthria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,800
Interest Rate
7.54%

Purchase Details

Closed on
Oct 27, 1995
Sold by
Woods Jacqueline and Marshall Norman
Bought by
Mitchell Leedora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,550
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 1995
Sold by
Hines Sterling and Marshall Norman
Bought by
Woods Jacqueline X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,550
Interest Rate
7.65%
Mortgage Type
FHA
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
Gasca Gilberto Salazar $250,000 None Listed On Document
Crowell Farrell $112,000 Law Title
Dale Koscina Yvette $90,000 Law Title
Mitchell Leedora $86,000 --
Woods Jacqueline X -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gasca Gilberto Salazar $200,000
Closed Crowell Farrell $111,828
Previous Owner Dale Koscina Yvette $87,800
Previous Owner Mitchell Leedora $85,550
Closed Crowell Farrell $4,473
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2024 06/05/24 Sold $250,000 +11.1% $208 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $225,000 -- $188 / 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 $3,099 $19,001 $6,938 $12,063
2023 $2,999 $18,000 $5,625 $12,375
2022 $2,999 $18,000 $5,625 $12,375
2021 $2,951 $18,003 $5,628 $12,375
2020 $2,943 $16,312 $4,125 $12,187
2019 $2,953 $18,125 $4,125 $14,000
2018 $2,902 $18,125 $4,125 $14,000
2017 $2,608 $15,492 $3,750 $11,742
2016 $2,603 $15,492 $3,750 $11,742
2015 $2,358 $15,492 $3,750 $11,742
2014 $2,415 $15,585 $3,375 $12,210
2013 $2,356 $15,585 $3,375 $12,210
Source: Public Records

Agents Affiliated with this Home

  • Ashley Kaehn

    Seller's Agent in 2024

    Ashley Kaehn

    Compass

    (773) 590-8200

    3 in this area

    255 Total Sales

    Ashley Kaehn
    Section Image
  • Fernando Roman

    Buyer's Agent in 2024

    Fernando Roman

    RE/MAX Partners

    (773) 704-1895

    3 in this area

    32 Total Sales

    Fernando Roman
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11991967

Midwest Real Estate Data (MRED)

APN: 13-33-324-013-0000

Illinois Cook County Chicago 60639 Austin

1621 N Lorel Ave, Chicago, IL

This home is located at 1621 N Lorel Ave, Chicago, IL 60639 since 24 April 2024 and is currently estimated at $298,338, approximately $248 per square foot. This property was built in 1922. 1621 N Lorel Ave is a home located in Cook County with nearby schools including Lewis Elementary School, Foreman College and Career Academy, and ITW Speer Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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