NOT LISTED FOR SALE

1622 W Farwell Ave Unit 1A Chicago, IL 60626

Rogers Park Neighborhood

Estimated Value: $161,000 - $208,000

2 Beds
1 Bath
800 Sq Ft
$247/mo HOA Fee

Last Sold August 12, 2022

Last sale price $150,000 $188 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,415/month

22 Days on Market

Highlights

  • Wood Flooring
  • Combination Dining and Living Room
  • Dogs and Cats Allowed
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of August 2022

Welcome home! This front-facing raised-first floor corner 2 bed 1 bath is very cheerful and flooded with light. Freshly painted and ready for you! Hardwood floors throughout. HVAC. Low assessments include heat and cooking gas! Super affordable unit centrally located. Walk to library, restaurants, Metra & red line trains, and Lake Michigan. Unit may be rented after one year. There is no rental cap. Reserves are approximately $120,000.

Last Agent to Sell the Property

Yvonne Carns

Real People Realty License #475125539 Listed on: 06/20/2022

Real People Realty

Last Buyer's Agent

Abby Kelley

@properties Christie's International Real Estate License #475174120

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 1923 | Remodeled in 2006

Lot Details

  • 0.39

HOA Fees

  • $247 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, gas, insurance, exterior maintenance, scavenger, snow removal
  • 38 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,233

Year Built

Built in 1923 | Remodeled in 2006

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2006

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 800
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 159900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 247
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: TBD
  • Management Contact Name: TBD
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 1232.51
  • Tax Year: 2020

Multi Family

  • Units in Building: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 10, 2022
Sold by
Flynn Allen R and Flynn Gabrielle Michelle
Bought by
Newmeyer Emma-Rose
Seller's Agent
Yvonne Carns
Real People Realty
Buyer's Agent
Abby Kelley
@properties Christie's International Real Estate
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$182,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,416
Avg. Annual Appreciation
6.30%
Original Mortgage
$127,500
Outstanding Balance
$121,519
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$60,897

Purchase Details

Closed on
Jun 22, 2009
Sold by
Radcliff Kyle and Radcliff Sharon R
Bought by
Flynn Allen and Owen Gabrielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2005
Sold by
Mikrut Rafal
Bought by
Radcliff Kyle and Radcliff Sharon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,550
Interest Rate
5.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 13, 2003
Sold by
1622 & 30 W Farwell Llc
Bought by
Mikrut Rafal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
6.3%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Newmeyer Emma-Rose $150,000 Chicago Title
Flynn Allen $155,000 Cti
Radcliff Kyle $151,500 Chicago Title Insurance Comp
Mikrut Rafal $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newmeyer Emma-Rose $127,500
Previous Owner Flynn Allen $152,192
Previous Owner Radcliff Kyle $141,550
Previous Owner Mikrut Rafal $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $150,000 -6.2% $188 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $159,900 0.0% $200 / Sq Ft
05/15/2020 05/15/20 Rented $1,225 0.0% --
05/06/2020 05/06/20 For Rent $1,225 0.0% --
11/16/2018 11/16/18 Rented $1,225 0.0% --
09/14/2018 09/14/18 Under Contract -- -- --
08/29/2018 08/29/18 Price Changed $1,225 -2.0% $1 / Sq Ft
08/10/2018 08/10/18 For Rent $1,250 0.0% --
08/29/2017 08/29/17 Rented $1,250 0.0% --
08/16/2017 08/16/17 For Rent $1,250 -- --
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 $2,552 $14,873 $1,066 $13,807
2023 $2,488 $12,096 $853 $11,243
2022 $2,488 $12,096 $853 $11,243
2021 $2,432 $12,095 $852 $11,243
2020 $1,233 $8,635 $686 $7,949
2019 $1,245 $9,626 $686 $8,940
2018 $1,223 $9,626 $686 $8,940
2017 $1,036 $8,186 $615 $7,571
2016 $1,139 $8,186 $615 $7,571
2015 $1,019 $8,186 $615 $7,571
2014 $1,296 $9,555 $568 $8,987
2013 $1,260 $9,555 $568 $8,987
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11431277

Midwest Real Estate Data (MRED)

APN: 11-31-222-035-1001