NOT LISTED FOR SALE

1651 N New England Ave Chicago, IL 60707

Galewood Neighborhood

Estimated Value: $353,885 - $431,000

4 Beds
1.5 Baths
1,600 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $265,000 $166 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,553/month

11 Days on Market

Highlights

  • Vaulted Ceiling
  • Bonus Room
  • 2 Car Detached Garage
  • Tudor Architecture
  • Formal Dining Room

About This Home

As of June 2021

Classic Tudor style home in Galewood with incredible potential for the savvy investor or handy homeowner. With features such as original crown molding, fireplace, vaulted ceilings, and hardwood under the main floor carpet this home has all the charm you are looking for. The master bedroom and adjacent bonus room can be transformed into the space of your dreams. This property is being sold as-is and in need of various repairs but has plenty of equity to be gained. Cash or Conventional offers will only be considered.

Last Agent to Sell the Property

Alejandro Medina

HomeSmart Realty Group License #475167470 Listed on: 04/08/2021

HomeSmart Realty Group

Last Buyer's Agent

Rosy Beltran

RE/MAX Premier License #475140646

RE/MAX Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1932

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Tudor Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Gas Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Schools

  • Sayre Elementary School Language
  • Steinmetz Academic Centre Senior High School

Utilities

  • No Cooling
  • Radiator
  • Lake Michigan Water

Community Details

  • Galewood Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,218

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tudor
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Galewood
  • Year Built: 1932
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 1600
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1594
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 250000
  • 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: Radiators
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sayre Elementary School Language
  • High School: Steinmetz Academic Centre Senior
  • Middle/Junior School: Sayre Elementary School Language
  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.09
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5218.07
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 27, 2021
Sold by
Martini Michael R and The Roco M & Rose M Martini Li
Bought by
Zarco Antonio
Seller's Agent
Alejandro Medina
HomeSmart Realty Group
Buyer's Agent
Rosy Beltran
RE/MAX Premier
Sold Price
$265,000
Current Estimated Value
$386,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,221
Avg. Annual Appreciation
9.11%
Original Mortgage
$165,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1997
Sold by
Martini Rocco M and Martini Rose M
Bought by
Martini Rocco M and Martini Rose M
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
Zarco Antonio $265,000 Fidelity National Title
Martini Rocco M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zarco Antonio $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $265,000 +6.0% $166 / Sq Ft
05/08/2021 05/08/21 For Sale -- -- --
04/19/2021 04/19/21 Pending -- -- --
04/10/2021 04/10/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $250,000 -- $156 / 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 $6,333 $32,000 $11,625 $20,375
2023 $6,174 $30,000 $9,375 $20,625
2022 $6,174 $30,000 $9,375 $20,625
2021 $5,366 $30,000 $9,375 $20,625
2020 $5,138 $26,153 $4,687 $21,466
2019 $5,218 $29,386 $4,687 $24,699
2018 $5,129 $29,386 $4,687 $24,699
2017 $4,522 $24,372 $4,125 $20,247
2016 $4,384 $24,372 $4,125 $20,247
2015 $3,988 $24,372 $4,125 $20,247
2014 $3,809 $23,085 $3,750 $19,335
2013 $3,723 $23,085 $3,750 $19,335
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11047470

Midwest Real Estate Data (MRED)

APN: 13-31-326-002-0000