NOT LISTED FOR SALE

2306 W 50th Place Chicago, IL 60609

Gage Park Neighborhood

Estimated Value: $147,000 - $266,000

3 Beds
2 Baths
798 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $28,000 $35 Per Sq Ft

Est. 610% increase in value since last sale

Current estimated payment $1,130/month

20 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating System
  • 5-minute walk to Western Station (Orange Line)

About This Home

As of October 2014

ELIGIBLE UNDER FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 09/07/2014. OFFERS MUST HAVE COPY OF EM IN FROM OF CERTIFIED CASHIER'S CHECK ONLY, PREAPPROVAL ATTACHED AND/OR PROOF OF FUNDS WITH CASH OFFERS. ALL DOCS UNDER ADDITIONAL DOCS MUST BE COMPETED. HOLD HARMLESS MUST BE SIGNED BY ALL PARTIES BEFORE VIEWING PROPERTY

Last Agent to Sell the Property

Tiffany Webb

Pearson Realty Group License #475147802 Listed on: 08/20/2014

Pearson Realty Group

Last Buyer's Agent

Abel Zacarias

Urbanitas Inc. License #475146403

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $994

Year Built

  • 1890

Lot Details

  • 3,049

Parking

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

Home Design

  • Frame Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1890
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X14, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Dimensions: 10X07, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 16X16, On Level: 2nd Level
  • Bedroom 3: Dimensions: 10X11, On Level: Main Level
  • Estimated Sq Ft: 798

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Waterfront: Yes
  • Acreage: 0.0729

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

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3175
  • Parcel Identification Number: 20071190270000

Tax Info

  • Taxes: 1045.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2014
Closed on
Oct 7, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Valencia Mario Amador
Seller's Agent
Tiffany Webb
Pearson Realty Group
Buyer's Agent
Abel Zacarias
Urbanitas Inc.
List Price
$19,900
Sold Price
$28,000
Premium/Discount to List
$8,100
40.7%
Current Estimated Value
$198,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,924
Avg. Annual Appreciation
19.40%

Purchase Details

Closed on
Jun 4, 2014
Sold by
Rivera Juan L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 15, 2002
Sold by
Loera Blanca Garcia
Bought by
Rivera Juan L and Rivera Mayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
7.03%

Purchase Details

Closed on
Feb 11, 1994
Sold by
Aldape Eduardo E and Aldape Rosemary
Bought by
Loera Blanca Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
4.62%
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 Buyer Sale Price Title Company
Valencia Mario Amador $28,000 None Available
Federal Home Loan Mortgage Corporation -- None Available
Rivera Juan L $101,500 Chicago Title Insurance Co
Loera Blanca Garcia $23,333 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Juan L $81,200
Previous Owner Loera Blanca Garcia $31,500
Closed Rivera Juan L $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $28,000 +40.7% $35 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $19,900 -- $25 / 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 $994 $12,000 $1,905 $10,095
2023 $947 $8,000 $2,540 $5,460
2022 $947 $8,000 $2,540 $5,460
2021 $939 $8,000 $2,540 $5,460
2020 $825 $6,780 $3,175 $3,605
2019 $865 $7,705 $3,175 $4,530
2018 $849 $7,705 $3,175 $4,530
2017 $1,159 $8,722 $2,857 $5,865
2016 $1,758 $8,722 $2,857 $5,865
2015 $1,610 $8,722 $2,857 $5,865
2014 $1,067 $8,274 $2,698 $5,576
2013 $1,035 $8,274 $2,698 $5,576
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Webb

    Seller's Agent in 2014

    Tiffany Webb

    Pearson Realty Group

    (773) 510-5301

    33 Total Sales

    Tiffany Webb
    Section Image

  • A

    Buyer's Agent in 2014

    Abel Zacarias

    Urbanitas Inc.

    (773) 345-9110

    3 in this area

    6 Total Sales

    Abel Zacarias
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08706623

Midwest Real Estate Data (MRED)

APN: 20-07-119-027-0000

Illinois Cook County Chicago 60609 Gage Park

2306 W 50th Place, Chicago, IL

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