NOT LISTED FOR SALE

2550 W 50th St Chicago, IL 60632

Gage Park Neighborhood

Estimated Value: $286,347 - $309,000

3 Beds
2 Baths
1,014 Sq Ft
$299/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $235,000 $232 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,818/month

12 Days on Market

About This Home

As of December 2020

Move-in-ready 3 bedroom brick home. Features include brand new garage for 2 big SUVs, finished basement, hardwood floors, well-maintained kitchen with dining room combo, and fenced-in yard. Washer/dryer in basement. Walking distance to public transit. Don't miss it!

Last Agent to Sell the Property

Carlos Escalante

Real People Realty License #475164121 Listed on: 11/01/2020

Real People Realty

Last Buyer's Agent

Danica Matos

Smart Home Realty License #475170672

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,691

Year Built

  • 1962

Lot Details

  • 2,614

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,691

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X8, On Level: Basement
  • Dining Room: Dimensions: 9X9, On Level: Main Level, Flooring: Other
  • Kitchen Type: Dimensions: 9X9, On Level: Main Level, Flooring: Other
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X11, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level
  • Estimated Sq Ft: 1014

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0689

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 120
  • Parcel Identification Number: 19122130310000

Tax Info

  • Taxes: 1849.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2020
Closed on
Dec 18, 2020
Sold by
Juarez Juan Carlos
Bought by
Urbin Laura and Rodriguez Joseph
Seller's Agent
Carlos Escalante
Real People Realty
Buyer's Agent
Danica Matos
Smart Home Realty
List Price
$230,000
Sold Price
$235,000
Premium/Discount to List
$5,000
2.17%
Current Estimated Value
$303,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,087
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Delgado Gregorio and Delgado Maria
Bought by
Juarez Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 1999
Sold by
Conrad Michael and Forcey Constance
Bought by
Delgado Gregorio and Delgado Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
8.21%
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
Urbin Laura $235,000 Attorney
Juarez Juan Carlos $160,000 Ticor
Delgado Gregorio $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Juarez Juan Carlos $157,102
Previous Owner Delgado Gregorio $92,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $235,000 +2.2% $232 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/01/2020 11/01/20 For Sale $230,000 -- $227 / 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 $2,691 $19,000 $1,500 $17,500
2023 $2,602 $16,689 $2,550 $14,139
2022 $2,602 $16,689 $2,550 $14,139
2021 $3,217 $16,000 $2,550 $13,450
2020 $1,814 $11,193 $2,550 $8,643
2019 $1,850 $12,577 $2,550 $10,027
2018 $1,817 $12,577 $2,550 $10,027
2017 $2,179 $13,429 $2,250 $11,179
2016 $2,204 $13,429 $2,250 $11,179
2015 $1,995 $13,429 $2,250 $11,179
2014 $2,468 $15,767 $2,100 $13,667
2013 $2,409 $15,767 $2,100 $13,667
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carlos Escalante

    Real People Realty

    (312) 938-4200

    2 in this area

    10 Total Sales

    Carlos Escalante
    Section Image
  • Danica Matos

    Buyer's Agent in 2020

    Danica Matos

    Smart Home Realty

    (312) 971-7957

    1 in this area

    76 Total Sales

    Danica Matos
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10922562

Midwest Real Estate Data (MRED)

APN: 19-12-213-031-0000

Illinois Cook County Chicago 60632 Gage Park

2550 W 50th St, Chicago, IL

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