$32,700
SOLD JAN 28, 2016

1942 E 74th St Unit 1B Chicago, IL 60649

South Shore Neighborhood
5 Beds
2 Baths
1,800 Sq Ft
$272/mo HOA Fee

Recently Sold

$18 Per Sq Ft

7% Below List Price

19 Days on Market

About This Home

As of January 2016

SPACIOUS 5 BEDROOM CONDO WITH A LOT OF POTENTIAL / TWO FULL BATHROOMS / NEEDS REPAIRS / BEING SOLD IN AS IS CONDITION / NO SURVEY NOR DISCLOSURES / PROOF OF FUNDING MUST ACCOMPANY ALL OFFERS / SEE AGENT REMARKS FOR INSTRUCTIONS ON HOW TO SUBMIT AN OFFER.

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 12/02/2015

Last Buyer's Agent

Lynda Pierce

Charles Rutenberg Realty License #475141181

Charles Rutenberg Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $741

Year Built

  • 1928

HOA Fees

  • $272 per month

Home Design

  • Brick Exterior Construction

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$741

Year Built

1928

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1928
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1928

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 11X23, On Level: Main Level
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 11X15, On Level: Main Level
  • Kitchen Type: Dimensions: 7X8, On Level: Main Level
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 14X15, On Level: Main Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 7X11, On Level: Main Level
  • Bedroom 2: Dimensions: 10X14, On Level: Main Level
  • Bedroom 3: Dimensions: 11X14, On Level: Main Level
  • Bedroom 4: Dimensions: 8X11, On Level: Main Level
  • Estimated Sq Ft: 1800

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 272
  • Management Contact Name: MELISSA WATT
  • Management Phone: 312-404-7198

Fee Information

  • Management Company: MELISSA WATT

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20251300351008

Multi Family

  • Total Number Unitsin Building: 19
  • Number Stories: 1

Tax Info

  • Taxes: 2746.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Dec 28, 2015
Sold by
Us Bank National Association
Bought by
Banks Arnold
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Lynda Pierce
Charles Rutenberg Realty
List Price
$35,000
Sold Price
$32,700
Premium/Discount to List
-$2,300
-6.57%
Current Estimated Value
$134,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,322
Avg. Annual Appreciation
16.03%

Purchase Details

Closed on
Jul 30, 2015
Sold by
Ramsey Vernon and Hsbc Bank Usa National Associa
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 26, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Wallace Daveta and Ramsey Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,600
Interest Rate
5.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Gordon Duane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Special Warranty Deed $33,000 Premier Title
Sheriffs Deed -- Attorney
Deed $193,000 Cti
Deed $100,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $38,600 Unknown
Previous Owner $154,400 Fannie Mae Freddie Mac
Previous Owner $97,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Rented $1,700 0.0% --
02/09/2020 02/09/20 Under Contract -- -- --
01/10/2020 01/10/20 For Rent $1,700 +6.3% --
06/01/2017 06/01/17 Rented $1,600 0.0% --
05/12/2017 05/12/17 Under Contract -- -- --
05/04/2017 05/04/17 For Rent $1,600 0.0% --
01/28/2016 01/28/16 Sold $32,700 -6.6% $18 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
12/02/2015 12/02/15 For Sale $35,000 -- $19 / 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 $741 $8,375 $823 $7,552
2023 $720 $3,500 $1,371 $2,129
2022 $720 $3,500 $1,371 $2,129
2021 $704 $3,499 $1,371 $2,128
2020 $1,835 $8,236 $987 $7,249
2019 $2,068 $10,295 $987 $9,308
2018 $2,676 $13,546 $987 $12,559
2017 $2,683 $12,462 $877 $11,585
2016 $1,996 $12,462 $877 $11,585
2015 $1,803 $12,462 $877 $11,585
2014 $2,813 $17,730 $740 $16,990
2013 $2,746 $17,730 $740 $16,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09095536

Midwest Real Estate Data (MRED)

APN: 20-25-130-035-1008