NOT LISTED FOR SALE

1622 N Lorel Ave Chicago, IL 60639

Austin Neighborhood

Estimated Value: $250,000 - $327,857

3 Beds
2 Baths
1,020 Sq Ft
$283/Sq Ft Est. Value

Sale Details

Date Sold: March 19, 2012

Last sale price $68,000 $67 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $1,826 / mo

25 Days on Market

Highlights

  • Recreation Room
  • Breakfast Bar
  • Forced Air Heating System
  • Formal Dining Room

About This Home

As of March 2012

FORECLOSED PROPERTY. BRICK BUNGALOW WITH SEPARATE BASEMENT APARTMENT, LEGALITY UNKNOWN. HARDWOOD FLOORS FULL UNFIN ATTIC, IN DECENT SHAPE JUST SOME TLC NEEDED. PROPERTY SUBJECT TO FREDDIE MAC FIRST LOOK PROGRAM UNTIL 2/3/2012. PLEASE READ WINTER SALE PROMOTION FOR INCENTIVES OFFERED

Last Agent to Sell the Property

Barbara Thouvenell Baffoe

P.R.S. Associates, Inc. License #471000236 Listed on: 01/19/2012

Last Buyer's Agent

Sandro Gonzalez

United Real Estate-Chicago License #475143819

Property Details

Home Type

  • Other

Year Built

  • 1921

Lot Details

  • 3,746

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Formal Dining Room
  • Recreation Room
  • Breakfast Bar

Finished Basement

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

Utilities

  • Forced Air Heating System

Property Details

Home Type

Other

Year Built

1921

Lot Details

3,746 Sq Ft Lot

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Architectural Style: Bungalow
  • Type Detached: 1.5 Story
  • Special Features: 20
  • Year Built: 1921

Interior Features

  • Number Of Rooms: 10
  • Attic: Full
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 11X10
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 11X14
  • Fourth Bedroom Level: Basement
  • Fourth Bedroom Size: 11X10
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 15X11
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 12X11
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 17X7
  • Family Room Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 11X10
  • Kitchen Flooring: Vinyl
  • Laundry Level: Basement
  • Laundry Size: 12X12
  • Laundry Flooring: Vinyl
  • Additional Rooms: 5th Bedroom, Recreation Room
  • Additional Room 1 Name: 5th Bdrm
  • Additional Room 1 Level: Basement
  • Additional Room 1 Size: 11X10
  • Additional Room 1 Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm
  • Additional Room 2 Level: Basement
  • Additional Room 2 Size: 9X25
  • Additional Room 2 Flooring: Vinyl

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Brick
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30 X 125

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2012
Closed on
Feb 21, 2012
Sold by
Bought by
Seller's Agent
Barbara Thouvenell Baffoe
P.R.S. Associates, Inc.
Buyer's Agent
Sandro Gonzalez
United Real Estate-Chicago
List Price
$66,000
Sold Price
$68,000
Premium/Discount to List
$2,000
3.03%
Current Estimated Value
$288,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,714
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
May 9, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,350
Interest Rate
0.0623%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 29, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,350
Interest Rate
0.0623%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2005
Sold by
Bought by

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
0.0825%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
0.0785%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$68,000 First American
-- None Available
-- None Available
$270,500 First American Title
$200,000 Ticor Title
-- --
$145,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $189,350
Closed $180,000
Closed $137,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/19/2012 03/19/12 Sold $68,000 +3.0% $67 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $66,000 0.0% $65 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $66,000 -2.9% $65 / Sq Ft
01/20/2012 01/20/12 Off Market $68,000 -- --
01/19/2012 01/19/12 For Sale $66,000 -- $65 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,099 $19,001 $6,938 $12,063
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 $2,587 $14,717 $4,125 $10,592
2019 $2,597 $16,353 $4,125 $12,228
2018 $2,552 $16,353 $4,125 $12,228
2017 $2,666 $15,759 $3,750 $12,009
2016 $2,656 $15,759 $3,750 $12,009
2015 $2,407 $15,759 $3,750 $12,009
2014 $2,376 $15,376 $3,375 $12,001
2013 $2,318 $15,376 $3,375 $12,001
Source: Public Records

Agents Affiliated with this Home

  • S

    Buyer's Agent in 2012

    Sandro Gonzalez

    United Real Estate-Chicago

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07978182

Midwest Real Estate Data (MRED)

APN: 13-33-323-027-0000

Illinois Cook County Chicago 60639 Austin

1622 N Lorel Ave, Chicago, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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