NOT LISTED FOR SALE

2948 N Newcastle Ave Chicago, IL 60634

Montclare Neighborhood

Estimated Value: $377,000 - $420,000

5 Beds
2 Baths
1,407 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 16, 2015

Last sale price $265,000 $188 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,433/month

9 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch
  • Formal Dining Room
  • 2.5 Car Detached Garage
  • 1-minute walk to Bell (George, Jr.) Park

About This Home

As of June 2015

Stunning 2015 Rehab! 1.5 Story Home in Chicago's Montclare Neighborhood. Flowing & Spacious Layout. All New 42" Cabinets, Granite Counters, SS Appliances. 2 Full Baths w/Modern Vanities, 4 Beds w/5th Bed/Office Option. New Gleaming Hard Wood Floors on Main Level. New Carpet on 2nd Level. Sprawling Full Finished Basement w/ Full Bath, New Washer/Dryer & Plenty of Storage. Quiet Yard w/2 level Deck. MOVE IN READY!

Last Agent to Sell the Property

Daniel Nierman

4 Sale Realty Advantage License #471018942 Listed on: 04/28/2015

Last Buyer's Agent

Sohail Salahuddin

eXp Realty License #471012075

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,343

Year Built

  • Built in 1921

Lot Details

  • 3,781 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Fenced Yard

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,407 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Monteclare Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,343

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: MONTECLARE
  • Year Built: 1921
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • LivingArea: 1407
  • Room Type: Bedroom 5
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.0868
  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3343
  • Tax Year: 2013
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 16, 2015
Sold by
Malesevic Boro M
Bought by
As Salaam Veronica and As Salaam Sahlih
Seller's Agent
Daniel Nierman
4 Sale Realty Advantage
Buyer's Agent
Sohail Salahuddin
eXp Realty
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%
Current Estimated Value
$390,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,872
Avg. Annual Appreciation
3.81%
Original Mortgage
$251,750
Outstanding Balance
$197,867
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$193,005

Purchase Details

Listed on
Aug 22, 2014
Closed on
Sep 9, 2014
Sold by
Christiana Trust
Bought by
Malesevic Boro
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Robert Tomich
Capital Real Estate Services
List Price
$117,500
Sold Price
$137,700
Premium/Discount to List
$20,200
17.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.64%

Purchase Details

Listed on
Aug 22, 2014
Closed on
Jul 17, 2014
Sold by
Hirsh Bradley and Intercounty Judicial Sales Corp
Bought by
Christiana Trust
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Robert Tomich
Capital Real Estate Services
List Price
$117,500
Sold Price
$137,700
Premium/Discount to List
$20,200
17.19%

Purchase Details

Closed on
Oct 23, 1998
Sold by
Thomas Ronald A
Bought by
Hirsh Bradley and Grizzi Marguerite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,990
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1998
Sold by
Doane Thomas Georgia
Bought by
Thomas Ronald A
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
As Salaam Veronica $265,000 Fidelity National Title
Malesevic Boro $138,000 Ct
Christiana Trust -- --
Christiana Trust -- --
Hirsh Bradley $141,000 Chicago Title Insurance Co
Thomas Ronald A -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open As Salaam Veronica $251,750
Previous Owner Hirsh Bradley $138,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2015 06/16/15 Sold $265,000 -1.8% $188 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $269,900 +96.0% $192 / Sq Ft
09/12/2014 09/12/14 Sold $137,700 +17.2% $98 / Sq Ft View Prior Sale
09/02/2014 09/02/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $117,500 -- $84 / 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 $4,644 $29,000 $11,718 $17,282
2023 $4,528 $22,000 $9,450 $12,550
2022 $4,528 $22,000 $9,450 $12,550
2021 $4,427 $22,000 $9,450 $12,550
2020 $5,353 $24,014 $4,725 $19,289
2019 $5,424 $26,983 $4,725 $22,258
2018 $5,333 $26,983 $4,725 $22,258
2017 $5,301 $24,613 $4,158 $20,455
2016 $4,932 $24,613 $4,158 $20,455
2015 $4,513 $24,613 $4,158 $20,455
2014 $3,422 $20,999 $3,780 $17,219
2013 $3,343 $20,999 $3,780 $17,219
Source: Public Records

Agents Affiliated with this Home

  • Daniel Nierman

    Seller's Agent in 2015

    Daniel Nierman

    4 Sale Realty Advantage

    (847) 601-9359

    1 in this area

    362 Total Sales

    Daniel Nierman
    Section Image
  • Sohail Salahuddin

    Buyer's Agent in 2015

    Sohail Salahuddin

    eXp Realty

    (312) 818-2878

    1 in this area

    345 Total Sales

    Sohail Salahuddin
    Section Image
  • Michael Olszewski

    Seller's Agent in 2014

    Michael Olszewski

    Area Wide Realty

    (708) 220-1791

    3 in this area

    578 Total Sales

    Michael Olszewski
    Section Image
  • Robert Tomich

    Buyer's Agent in 2014

    Robert Tomich

    Capital Real Estate Services

    (773) 225-5103

    13 Total Sales

    Robert Tomich
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08904051

Midwest Real Estate Data (MRED)

APN: 13-30-125-018-0000

Illinois Cook County Chicago 60634 Montclare

2948 N Newcastle Ave, Chicago, IL

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