NOT LISTED FOR SALE

2505 S Lombard Ave Cicero, IL 60804

Estimated Value: $254,000 - $288,645

3 Beds
1 Bath
1,243 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $55,000 $44 Per Sq Ft

Est. 387% increase in value since last sale

Current estimated payment $1,877/month

6 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • Detached Garage
  • Main Floor Bedroom
  • Fenced Yard
  • Breakfast Bar

About This Home

As of November 2013

Opportunity is knocking at the door and it's offering you another great deal. This soon to be centennial property will need renovation work and/or repairs throughout, but once completed, this can be a great add-on to your investment portfolio or home for you to live in. Conveyed in as-is condition. Property Taxes prorated at 100% of most recent full tax year. Buyer responsible for all violations/citations/compliance.

Last Agent to Sell the Property

James Salazar

Baird & Warner License #475133009 Listed on: 10/18/2013

Baird & Warner

Last Buyer's Agent

Cesar Juarez

Redfin Corporation License #475130661

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,413

Year Built

  • 1914

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Tandem Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Location

  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,413

Year Built

1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Farmhouse
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1914
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1914

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 10X11, On Level: Main Level
  • Appliances: Oven/Range, Refrigerator
  • Equipment: CO Detectors, Sump Pump
  • Attic: Finished, Interior Stair
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X12, On Level: Main Level
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Tandem Room
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level
  • Additional Room 1 Name: Tandem Rm, Dimensions: 14X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 09X11, On Level: Main Level
  • Bedroom 3: Dimensions: 09X09, On Level: Main Level
  • Estimated Sq Ft: 1243
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens
  • Exposure: W (West)
  • Acreage: 0.0868

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

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

Schools

  • School District: 201
  • Junior High Dist: 99

Lot Info

  • Lot Dimensions: 30X126
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 16291280040000

Tax Info

  • Taxes: 549.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2013
Closed on
Nov 5, 2013
Sold by
Chicago Title Land Trust Co
Bought by
Bueno Hilario and Bueno Nora L
Seller's Agent
James Salazar
Baird & Warner
Buyer's Agent
Cesar Juarez
Redfin Corporation
List Price
$47,000
Sold Price
$55,000
Premium/Discount to List
$8,000
17.02%
Current Estimated Value
$267,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,911
Avg. Annual Appreciation
14.22%
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
Bueno Hilario $55,000 Barrister Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $55,000 +10.2% $44 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
10/19/2013 10/19/13 Price Changed $49,900 +6.2% $40 / Sq Ft
10/18/2013 10/18/13 For Sale $47,000 -- $38 / 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 $5,413 $16,000 $4,347 $11,653
2023 $3,668 $16,000 $4,347 $11,653
2022 $3,668 $8,399 $3,780 $4,619
2021 $3,626 $8,399 $3,780 $4,619
2020 $3,525 $8,399 $3,780 $4,619
2019 $4,359 $8,935 $3,402 $5,533
2018 $4,248 $8,935 $3,402 $5,533
2017 $4,089 $8,935 $3,402 $5,533
2016 $4,104 $8,553 $2,835 $5,718
2015 $4,056 $8,553 $2,835 $5,718
2014 $3,909 $8,553 $2,835 $5,718
2013 $4,145 $10,030 $2,835 $7,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08470772

Midwest Real Estate Data (MRED)

APN: 16-29-128-004-0000