NOT LISTED FOR SALE

2505 N Burling St Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $1,939,000 - $2,693,000

5 Beds
5 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold April 12, 2013

Last sale price $960,000

Est. 136% increase in value since last sale

Current estimated payment $16,384/month

254 Days on Market

About This Home

As of April 2013

VICTORIAN 2 FLAT ON ONE OF LINCOLN PARK'S BEST BLOCKS. SOLD AS-IS.

Last Agent to Sell the Property

Johnfdiederich

Berkshire Hathaway HomeServices Chicago License #475132348 Listed on: 05/22/2012

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Daniel Ray

Kentro Group, LLC License #471009575

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $44,411

Year Built

  • 1876

Lot Details

  • 3,136

Parking

  • 2

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$44,411

Year Built

1876

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 14
  • Equipment: Security System, Ceiling Fan
  • Basement: Full
  • Basement: Exterior Access

Exterior Features

  • Foundation: Concrete
  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Water: Lake Michigan
  • Heat/Fuel: Gas, Hot Water/Steam
  • Sewer: Sewer-Storm

Condo/Co-op/Association

  • Units in Building: 2

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Abbas Samer and The Samer Abbas Trust
Bought by
Abbas Samer and The Samer Abbas Trust
Total Days on Market
254
Current Estimated Value
$2,270,026

Purchase Details

Closed on
Mar 18, 2020
Sold by
Abbas Samer and The Samer Abbas Trust
Bought by
Abbas Samer and The Samer Abbas Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,636,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2015
Sold by
Rana Abbas Samer and Rana Abraham
Bought by
Abbas Samer and The Samer Abbas Trust

Purchase Details

Listed on
May 22, 2012
Closed on
May 12, 2013
Sold by
Herbert Diane J
Bought by
Rana Abbas Samer and Rana Abraham
Seller's Agent
Johnfdiederich
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Daniel Ray
Kentro Group, LLC
List Price
$949,000
Sold Price
$960,000
Premium/Discount to List
$11,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$720,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 19, 1999
Sold by
Herbert Diane J
Bought by
Herbert Diane J and Diane J Herbert Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Abbas Samer -- Attorney
Abbas Samer -- Ravenswood Title Company Llc
Abbas Samer -- Attorney
Rana Abbas Samer $960,000 None Available
Herbert Diane J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbas Samer $1,597,000
Closed Abbas Samer $1,636,000
Closed Abbas Samer $1,855,000
Closed Abraham Rana $1,934,000
Closed Rana Abbas Samer $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $960,000 0.0% --
01/31/2013 01/31/13 Pending -- -- --
08/15/2012 08/15/12 Off Market $960,000 -- --
05/22/2012 05/22/12 For Sale $949,000 -- --
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 $44,411 $260,897 $46,935 $213,962
2023 $44,411 $219,340 $37,800 $181,540
2022 $44,411 $219,340 $37,800 $181,540
2021 $50,608 $255,000 $37,800 $217,200
2020 $42,091 $192,045 $22,680 $169,365
2019 $40,800 $206,501 $22,680 $183,821
2018 $40,112 $206,501 $22,680 $183,821
2017 $40,850 $193,135 $20,160 $172,975
2016 $38,183 $193,135 $20,160 $172,975
2015 $27,510 $151,744 $20,160 $131,584
2014 $3,156 $17,010 $17,010 $0
2013 $11,734 $67,148 $17,010 $50,138
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Johnfdiederich

    Berkshire Hathaway HomeServices Chicago

    (773) 430-2300

    47 Total Sales

    Johnfdiederich
    Section Image

  • D

    Buyer's Agent in 2013

    Daniel Ray

    Kentro Group, LLC

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08072951

Midwest Real Estate Data (MRED)

APN: 14-28-312-023-0000

Illinois Cook County Chicago 60614 Lincoln Park

2505 N Burling St, Chicago, IL

This home is located at 2505 N Burling St, Chicago, IL 60614 since 22 May 2012 and is currently estimated at $2,270,026. This property was built in 1876. 2505 N Burling St is a home located in Cook County with nearby schools including Alcott Elementary School, Lincoln Park High School, and Saint Clement School.

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