NOT LISTED FOR SALE

2424 W Grace St Chicago, IL 60618

Horner Park Neighborhood

Estimated Value: $1,276,000 - $1,888,000

5 Beds
4 Baths
1,160 Sq Ft
$1,299/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $1,200,000 $1,034 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,645/month

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Bell Elementary School Rated A-
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of August 2016

This home is located at 2424 W Grace St, Chicago, IL 60618 since 04 April 2016 and is currently estimated at $1,506,646, approximately $1,298 per square foot. 2424 W Grace St is a home located in Cook County with nearby schools including Bell Elementary School, Lake View High School, and St Benedict Preparatory School.

Last Agent to Sell the Property

Carrie McCormick

@properties Christie's International Real Estate License #475123706 Listed on: 04/04/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Matt Silver

Corcoran Urban Real Estate License #471006310

Corcoran Urban Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,419

Lot Details

  • 4,138

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • $10,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,419

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Recent Rehab: Yes
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 1.5 Story
  • Estimated Year Built: U
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 1st Floor Laundry, 2nd Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 13X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X8, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Butler, Pantry-Closet
  • Additional Rooms: Recreation Room, 5th Bedroom
  • Master Bedroom: Dimensions: 18X16, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 20X12, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: 5th Bdrm, Dimensions: 10X12, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 12X12, On Level: Basement, Flooring: Carpet
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X20, On Level: Main Level, Flooring: Hardwood

Exterior Features

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

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, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 299
  • Elementary School: BELL ELEMENTARY SCHOOL
  • Middle School: BELL ELEMENTARY SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 33X124
  • Parcel Identification Number: 13242050240000

Tax Info

  • Taxes: 5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jul 25, 2016
Sold by
Watermark Equity Group Llp
Bought by
Lee Daniel and Hart Michelle
Seller's Agent
Carrie McCormick
@properties Christie's International Real Estate
Buyer's Agent
Matt Silver
Corcoran Urban Real Estate
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$1,506,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,646
Avg. Annual Appreciation
2.23%
Original Mortgage
$960,000
Outstanding Balance
$774,599
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$691,568

Purchase Details

Closed on
Feb 4, 2016
Sold by
Waters Daniel V and Waters Gerald M
Bought by
Watermark Equity Group Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,116
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 11, 2015
Sold by
Verson P R
Bought by
Thorvaldr Inc

Purchase Details

Closed on
Feb 10, 2010
Sold by
Waters John
Bought by
Iverson P R and Trust #2424

Purchase Details

Closed on
Oct 26, 2009
Sold by
Lah M L
Bought by
Iverson P R and Trust #2424
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
Lee Daniel $1,200,000 Landtrust National Title
Watermark Equity Group Llp $375,000 Attorney
Thorvaldr Inc -- None Available
Iverson P R -- None Available
Iverson P R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Daniel $960,000
Previous Owner Watermark Equity Group Llp $300,116
Previous Owner Watermark Equity Group Llp $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $1,200,000 -4.0% $1,034 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
06/05/2016 06/05/16 For Sale $1,250,000 -- $1,078 / 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 $19,419 $94,000 $25,575 $68,425
2023 $18,891 $98,000 $20,625 $77,375
2022 $18,891 $98,000 $20,625 $77,375
2021 $18,502 $98,004 $20,629 $77,375
2020 $17,541 $84,324 $9,075 $75,249
2019 $17,412 $90,093 $9,075 $81,018
2018 $17,796 $90,093 $9,075 $81,018
2017 $7,392 $34,337 $8,250 $26,087
2016 $6,228 $31,096 $8,250 $22,846
2015 $5,698 $31,096 $8,250 $22,846
2014 $4,658 $25,103 $7,425 $17,678
2013 -- $25,103 $7,425 $17,678
Source: Public Records

Agents Affiliated with this Home

  • Carrie McCormick

    Seller's Agent in 2016

    Carrie McCormick

    @ Properties

    (312) 961-4612

    5 in this area

    725 Total Sales

    Carrie McCormick
    Section Image
  • Matt Silver

    Buyer's Agent in 2016

    Matt Silver

    Corcoran Urban Real Estate

    (312) 399-0017

    91 Total Sales

    Matt Silver
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09247788

Midwest Real Estate Data (MRED)

APN: 13-24-205-024-0000

Illinois Cook County Chicago 60618 Horner Park

2424 W Grace St, Chicago, IL

This home is located at 2424 W Grace St, Chicago, IL 60618 since 04 April 2016 and is currently estimated at $1,506,646, approximately $1,298 per square foot. 2424 W Grace St is a home located in Cook County with nearby schools including Bell Elementary School, Lake View High School, and St Benedict Preparatory School.

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