NOT LISTED FOR SALE

2506 N Neva Ave Chicago, IL 60707

Montclare Neighborhood

Estimated Value: $312,000 - $387,943

2 Beds
1 Bath
1,984 Sq Ft
$177/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $290,000 $146 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,221/month

Highlights

  • Waterfront
  • Wood Flooring
  • Community Pool
  • Property is near a park
  • Main Floor Bedroom
  • Tennis Courts

About This Home

As of April 2023

Appraised at value. FHA approved. Welcome to 2506 N Neva, your future home. A beautifully updated 2 bedroom 1 bath bungalow in the highly desired Montclare neighborhood. The kitchen and bathroom were renovated in 2020, and freshly painted end of 2021. This home is perfect for a starter home, or someone looking to expand. The attic is a blank canvas and ready for your final touches. Come on in and build the primary suite of your dreams, an art studio, or family room. The basement has high ceilings and can easily be converted into additional living space, it is already set up with pluming to add an additional bathroom. This is perfect as it is or it can be every designers dream! A classic bungalow that sits on a quiet, tree lined street. It is beautifully manicured to match the esthetics of the community. Nothing to do but move right in, water the flowers, relax and enjoy your new home.

Last Agent to Sell the Property

Jovanna Quinones

eXp Realty License #475186851 Listed on: 04/13/2023

eXp Realty

Last Buyer's Agent

Carmen Chucrala

Habloft LLC License #471009434

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 1928 | Remodeled in 2019

Lot Details

  • 4,125 Sq Ft Lot
  • Lot Dimensions are 125x33
  • Waterfront
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,984 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Laundry Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Soaking Tub

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Property is near a park

Community Details

  • Tennis Courts
  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,958

Year Built

Built in 1928 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1984
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 1984
  • Basement Description: Unfinished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1984
  • Basement Sq Ft: 853
  • Total Sq Ft: 2837
  • Unfinished Basement Sq Ft: 853
  • Upper Level Sq Ft: 853
  • Attic: Dormer,Full,Interior Stair,Unfinished
  • Main Level Sq Ft: 1131
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 290000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.0947
  • Lot Dimensions: 125X33
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3957.54
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Apr 12, 2023
Sold by
Hernandez Jose A
Bought by
Diaz Juan R
Seller's Agent
Jovanna Quinones
eXp Realty
Buyer's Agent
Carmen Chucrala
Habloft LLC
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$351,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,986
Avg. Annual Appreciation
8.33%
Original Mortgage
$319,108
Outstanding Balance
$311,538
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$40,448

Purchase Details

Closed on
Oct 28, 2010
Sold by
North Star Trust Company
Bought by
Hernandez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,649
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Diaz Juan R $290,000 None Listed On Document
Hernandez Jose A $160,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Juan R $319,108
Previous Owner Hernandez Jose A $172,000
Previous Owner Hernandez Jose A $147,649
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $290,000 0.0% $146 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $290,000 -- $146 / 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 $4,155 $27,001 $12,788 $14,213
2023 $4,029 $23,001 $10,313 $12,688
2022 $4,029 $23,001 $10,313 $12,688
2021 $3,958 $22,999 $10,312 $12,687
2020 $4,272 $22,266 $5,156 $17,110
2019 $4,340 $25,019 $5,156 $19,863
2018 $4,266 $25,019 $5,156 $19,863
2017 $4,206 $22,904 $4,537 $18,367
2016 $4,090 $22,904 $4,537 $18,367
2015 $3,719 $22,904 $4,537 $18,367
2014 $3,398 $20,871 $4,125 $16,746
2013 $3,320 $20,871 $4,125 $16,746
Source: Public Records

Agents Affiliated with this Home

  • Jovanna Quinones

    Seller's Agent in 2023

    Jovanna Quinones

    eXp Realty

    (773) 742-5729

    1 in this area

    78 Total Sales

    Jovanna Quinones
    Section Image
  • Carmen Chucrala

    Buyer's Agent in 2023

    Carmen Chucrala

    Habloft LLC

    (773) 392-6272

    5 in this area

    78 Total Sales

    Carmen Chucrala
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11737258

Midwest Real Estate Data (MRED)

APN: 13-30-316-041-0000

Illinois Cook County Chicago 60707 Montclare

2506 N Neva Ave, Chicago, IL

This home is located at 2506 N Neva Ave, Chicago, IL 60707 since 13 April 2023 and is currently estimated at $351,986, approximately $177 per square foot. This property was built in 1928. 2506 N Neva Ave is a home located in Cook County with nearby schools including Locke J Elementary School, Steinmetz College Prep, and Acero - Roberto Clemente Elementary School.

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