NOT LISTED FOR SALE

2255 W 51st St Chicago, IL 60609

Gage Park Neighborhood

Estimated Value: $133,000 - $317,000

4 Beds
2 Baths
1,040 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $68,000 $65 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,501/month

16 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Central Air

About This Home

As of July 2014

RAISED RANCH HOME WITH THREE BEDROOMS AND 11/2 BATHS, FULL FINISHED BASEMENT AND A TWO CAR GARAGE. SHORT SALE SUBJECT TO BANK APPROVAL PLEASE ALLOW TIME FOR RESPONSE. SELLING AS IS CONDITION. TAXES PRORATED AT 100%. NO SURVEY PROVIDED. BUYER RESPONSIBLE FOR REPAIRS IF ANY.

Last Agent to Sell the Property

Gloria Ulloa

RE/MAX 1st Service License #475133363 Listed on: 12/04/2013

RE/MAX 1st Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • 1962

Lot Details

  • 3,049

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1962
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X12, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 10X20, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X10, On Level: Main Level
  • Bedroom 2: Dimensions: 10X14, On Level: Main Level
  • Bedroom 3: Dimensions: 10X12, On Level: Main Level
  • Bedroom 4: Dimensions: 12X10, On Level: Basement
  • Estimated Sq Ft: 1040

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.074

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 20073010460000

Tax Info

  • Taxes: 1292.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2013
Closed on
Jul 25, 2014
Sold by
Aguirre Epifanio N and Aguirre Victor
Bought by
Jimenez Oscar
Seller's Agent
Gloria Ulloa
RE/MAX 1st Service
Buyer's Agent
Gloria Ulloa
RE/MAX 1st Service
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%
Current Estimated Value
$238,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,214
Avg. Annual Appreciation
11.77%
Original Mortgage
$64,600
Outstanding Balance
$50,482
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$187,732

Purchase Details

Closed on
Sep 11, 2006
Sold by
Aguirre Epifanio N
Bought by
Aguirre Epifanio N and Aguirre Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Gutierrez Antonio L and Gutierrez Helena L
Bought by
Aguirre Epifanio N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.65%
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
Jimenez Oscar $68,000 Chicago Title Insurance Co
Aguirre Epifanio N -- Lawyers
Aguirre Epifanio N $185,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Oscar $64,600
Previous Owner Aguirre Epifanio N $216,000
Previous Owner Aguirre Epifanio N $148,000
Closed Aguirre Epifanio N $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $68,000 +4.8% $65 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
12/14/2013 12/14/13 Price Changed $64,900 -7.2% $62 / Sq Ft
12/04/2013 12/04/13 For Sale $69,900 -- $67 / 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 $2,970 $12,001 $968 $11,033
2023 $2,896 $14,000 $2,096 $11,904
2022 $2,896 $14,000 $2,096 $11,904
2021 $2,815 $13,999 $2,096 $11,903
2020 $1,962 $8,750 $2,096 $6,654
2019 $1,988 $9,832 $2,096 $7,736
2018 $1,955 $9,832 $2,096 $7,736
2017 $2,424 $11,186 $1,935 $9,251
2016 $2,255 $11,186 $1,935 $9,251
2015 $2,065 $11,186 $1,935 $9,251
2014 $1,322 $9,639 $1,773 $7,866
2013 $1,285 $9,639 $1,773 $7,866
Source: Public Records

Agents Affiliated with this Home

  • Gloria Ulloa

    Seller's Agent in 2014

    Gloria Ulloa

    RE/MAX

    (773) 934-2808

    3 in this area

    194 Total Sales

    Gloria Ulloa
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08498575

Midwest Real Estate Data (MRED)

APN: 20-07-301-046-0000

Illinois Cook County Chicago 60609 Gage Park

2255 W 51st St, Chicago, IL

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