NOT LISTED FOR SALE

2241 W 50th Place Chicago, IL 60609

Gage Park Neighborhood

Estimated Value: $273,000 - $309,000

4 Beds
2 Baths
1,184 Sq Ft
$251/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $110,000 $93 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,858/month

42 Days on Market

Highlights

  • Vaulted Ceiling
  • Bungalow
  • Forced Air Heating System
  • Detached Garage

About This Home

As of December 2015

Six year old Brick/Alum. Sided Raised Ranch in Back of the Yards! 4 Bedrooms and 2 Full Baths with a Finished Basement. 2 Car Garage also included. Great Finished Basement with 8' Ceilings. Come see for yourself. No Disclosure/ No Survey As/Is Sale.

Last Agent to Sell the Property

Richard Thomas

Realty Plus Chicago Inc. Listed on: 08/24/2015

Last Buyer's Agent

Angelica Pasten

Century 21 Hallmark Ltd. License #471021403

Century 21 Hallmark Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,520

Year Built

  • 2007

Lot Details

  • 3,093

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling

Finished Basement

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

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,520

Year Built

2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: Raised Ranch
  • Estimated Year Built: 2007
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 8
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 9X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Dimensions: 9X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X13, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 10X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 12X13, On Level: Lower, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1184
  • Family Room: Dimensions: 19X20, On Level: Basement, Flooring: Carpet, Windows: None

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 125
  • Parcel Identification Number: 20071230040000

Tax Info

  • Taxes: 2706.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2015
Closed on
Dec 7, 2015
Sold by
Jeff Bv Vacant Llc
Bought by
Martinez Hugo and Gomez Oralia
Seller's Agent
Richard Thomas
Realty Plus Chicago Inc.
Buyer's Agent
Angelica Pasten
Century 21 Hallmark Ltd.
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$297,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,530
Avg. Annual Appreciation
10.53%
Original Mortgage
$99,000
Outstanding Balance
$82,834
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$214,696

Purchase Details

Listed on
Aug 24, 2015
Closed on
Nov 13, 2015
Sold by
Upb
Bought by
Jeff Bv Vacant Llc
Seller's Agent
Richard Thomas
Realty Plus Chicago Inc.
Buyer's Agent
Angelica Pasten
Century 21 Hallmark Ltd.
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Outstanding Balance
$82,834
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$214,696

Purchase Details

Closed on
Jul 20, 2015
Sold by
Winchester Wolcott Llc
Bought by
Jeff Bv Vacant Llc

Purchase Details

Closed on
Mar 31, 2009
Sold by
Byrne Michael J and Byrne Bridget
Bought by
Winchester Wolcott Llc

Purchase Details

Closed on
Oct 30, 2006
Sold by
Harrison West Ltd
Bought by
Byrne Michael J and Byrne Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
7.5%
Mortgage Type
Unknown
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
Martinez Hugo $110,000 Fidelity National Title
Jeff Bv Vacant Llc -- Fidelity National Title
Jeff Bv Vacant Llc -- None Available
Winchester Wolcott Llc -- None Available
Byrne Michael J $98,000 Lasalle Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Hugo $99,000
Previous Owner Byrne Michael J $418,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2015 12/07/15 Sold $110,000 -4.3% $93 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $115,000 -- $97 / 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 $3,520 $26,000 $1,860 $24,140
2023 $3,410 $20,000 $2,480 $17,520
2022 $3,410 $20,000 $2,480 $17,520
2021 $3,352 $20,000 $2,480 $17,520
2020 $1,850 $11,407 $3,100 $8,307
2019 $1,915 $12,963 $3,100 $9,863
2018 $2,764 $13,993 $3,100 $10,893
2017 $2,907 $13,505 $2,790 $10,715
2016 $2,705 $13,505 $2,790 $10,715
2015 $2,475 $13,505 $2,790 $10,715
2014 $2,707 $14,589 $2,635 $11,954
2013 $2,653 $14,589 $2,635 $11,954
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Richard Thomas

    Realty Plus Chicago Inc.

    Section Image
  • Angelica Pasten

    Buyer's Agent in 2015

    Angelica Pasten

    Century 21 Hallmark Ltd.

    (708) 997-0704

    59 Total Sales

    Angelica Pasten
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09019933

Midwest Real Estate Data (MRED)

APN: 20-07-123-004-0000

Illinois Cook County Chicago 60609 Gage Park

2241 W 50th Place, Chicago, IL

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