2955 N Gresham Ave Chicago, IL 60618
Avondale NeighborhoodEstimated Value: $802,407 - $1,053,000
5
Beds
2
Baths
--
Sq Ft
3,049
Sq Ft Lot
About This Home
As of January 2014Great opportunity to purchase this Fannie Mae/Homepath 2-flat. Property approved for Homepath Renovation financing. Schedule your showing today before it's gone! All information estimated-buyer to verify.
Last Agent to Sell the Property
Benjamin Beaty
Jameson Sotheby's Intl Realty License #475145780 Listed on: 10/29/2013
Last Buyer's Agent
Wen Jie Chen
Kam L. Liu Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,760
Year Built
- Built in 1887
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 25 x 125
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Frame Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Crawl Space
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 12, 2016
Sold by
Wang Lei and Xu Qing
Bought by
Wang Lei and Xu Qing
Total Days on Market
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 29, 2013
Closed on
Jan 13, 2014
Sold by
Federal National Mortgage Association
Bought by
Wang Lei
Seller's Agent
Benjamin Beaty
Jameson Sotheby's Intl Realty
Buyer's Agent
Wen Jie Chen
Kam L. Liu Realty
List Price
$184,900
Sold Price
$160,000
Premium/Discount to List
-$24,900
-13.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.21%
Purchase Details
Closed on
Sep 11, 2013
Sold by
Salgado Jose L
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 24, 2007
Sold by
Homecomings Financial Inc
Bought by
Salgado Jose L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 13, 2007
Sold by
Lozada Alejandro
Bought by
Homecomings Financial Inc
Purchase Details
Closed on
Aug 23, 2005
Sold by
Trujillo Alberto
Bought by
Lozada Alejandro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
7.6%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 25, 2004
Sold by
Farfan Jose B and Farfan Romeo
Bought by
Trujillo Alberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
8.7%
Mortgage Type
Unknown
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wang Lei | -- | Chicago Title Insurance Comp | |
| Wang Lei | -- | Premier Title | |
| Federal National Mortgage Association | -- | Premier Title | |
| Salgado Jose L | $305,000 | None Available | |
| Homecomings Financial Inc | -- | Attorneys Title Guaranty Fun | |
| Lozada Alejandro | $386,500 | Chicago Title Insurance Comp | |
| Trujillo Alberto | $290,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xu Qing | $180,000 | |
| Closed | Wang Lei | $280,000 | |
| Previous Owner | Salgado Jose L | $289,750 | |
| Previous Owner | Lozada Alejandro | $309,000 | |
| Previous Owner | Lozada Alejandro | $77,250 | |
| Previous Owner | Trujillo Alberto | $304,000 | |
| Previous Owner | Trujillo Alberto | $275,500 | |
| Previous Owner | Farfan Jose B | $197,444 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2014 01/17/14 | Sold | $160,000 | -13.5% | -- |
| 12/18/2013 12/18/13 | Pending | -- | -- | -- |
| 12/04/2013 12/04/13 | For Sale | $184,900 | 0.0% | -- |
| 11/21/2013 11/21/13 | Pending | -- | -- | -- |
| 10/29/2013 10/29/13 | For Sale | $184,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,806 | $61,000 | $13,594 | $47,406 |
| 2023 | $10,532 | $51,001 | $10,938 | $40,063 |
| 2022 | $10,532 | $51,001 | $10,938 | $40,063 |
| 2021 | $10,296 | $51,002 | $10,940 | $40,062 |
| 2020 | $9,654 | $46,256 | $5,000 | $41,256 |
| 2019 | $9,794 | $51,974 | $5,000 | $46,974 |
| 2018 | $9,594 | $51,974 | $5,000 | $46,974 |
| 2017 | $8,508 | $42,878 | $4,375 | $38,503 |
| 2016 | $8,593 | $42,878 | $4,375 | $38,503 |
| 2015 | $7,862 | $42,878 | $4,375 | $38,503 |
| 2014 | $2,840 | $17,866 | $3,750 | $14,116 |
| 2013 | $2,773 | $17,866 | $3,750 | $14,116 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2014
Benjamin Beaty
Jameson Sotheby's Intl Realty
-
Brant Booker
Seller Co-Listing Agent in 2014
Brant Booker
Jameson Sotheby's Intl Realty
(773) 490-1862
2 in this area
50 Total Sales
-
W
Buyer's Agent in 2014
Wen Jie Chen
Kam L. Liu Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 08477046
APN: 13-26-215-034-0000
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