NOT LISTED FOR SALE

3014 W 54th Place Chicago, IL 60632

Gage Park Neighborhood

Estimated Value: $282,000 - $315,000

5 Beds
3 Baths
1,294 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 18, 2014

Last sale price $106,500 $82 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,829/month

70 Days on Market

Highlights

  • Bonus Room
  • Bungalow
  • Hot Water Heating System
  • Detached Garage

About This Home

As of June 2014

MASSIVE BRICK BUNGALOW! HOME FEATURES 5 BDRMS, LIVING RM & DINNING RM AND SO MUCH MORE. THIS A FANNIE MAE HOMEPATH PROPERTY. PROOF OF FUNDS WITH ALL OFFERS. THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING.

Last Agent to Sell the Property

Gerard Lewis

Better Homes For America, LLC License #471016355 Listed on: 01/06/2014

Last Buyer's Agent

Gilbert Preciado

G.T. Home Realty License #471009140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • 1927

Lot Details

  • 3,790

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • Bonus Room

Finished Basement

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

Utilities

  • Hot Water Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,195 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Special Service Area: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1927
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 15X15, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 10X11, On Level: Lower
  • Dining Room: Dimensions: 15X11, On Level: Main Level
  • Kitchen Type: Dimensions: 18X11, On Level: Main Level
  • Additional Rooms: Bonus, 5th Bedroom
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 10X10, On Level: 2nd Level
  • Additional Room 2 Name: Bonus, Dimensions: 10X12, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level
  • Bedroom 3: Dimensions: 13X10, On Level: Main Level
  • Bedroom 4: Dimensions: 15X14, On Level: 2nd Level
  • Estimated Sq Ft: 1294
  • Dining Room Type: Separate

Exterior Features

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

Garage/Parking

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

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30X125
  • Parcel Identification Number: 19123250360000

Tax Info

  • Taxes: 1809.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
May 1, 2014
Sold by
Fannie Mae
Bought by
Garcia Jesus
Seller's Agent
Gerard Lewis
Better Homes For America, LLC
Buyer's Agent
Gilbert Preciado
G.T. Home Realty
List Price
$120,900
Sold Price
$106,500
Premium/Discount to List
-$14,400
-11.91%
Current Estimated Value
$291,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,811
Avg. Annual Appreciation
8.11%
Original Mortgage
$134,016
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2013
Sold by
Alvarado Ray
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 5, 2007
Sold by
Mendoza Angel and Mendoza Maria A
Bought by
Alvarado Ray and Alvarado Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.21%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garcia Jesus $106,500 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Alvarado Ray $260,000 Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jesus $131,591
Previous Owner Garcia Jesus $134,016
Previous Owner Alvarado Ray $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2014 06/18/14 Sold $106,500 -3.1% $82 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
02/08/2014 02/08/14 Price Changed $109,900 -9.1% $85 / Sq Ft
01/06/2014 01/06/14 For Sale $120,900 -- $93 / 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 $2,903 $20,000 $1,890 $18,110
2023 $2,809 $17,000 $3,213 $13,787
2022 $2,809 $17,000 $3,213 $13,787
2021 $2,749 $17,000 $3,213 $13,787
2020 $2,009 $12,063 $3,213 $8,850
2019 $2,047 $13,554 $3,213 $10,341
2018 $2,012 $13,554 $3,213 $10,341
2017 $2,051 $12,841 $2,835 $10,006
2016 $2,085 $12,841 $2,835 $10,006
2015 $2,370 $12,841 $2,835 $10,006
2014 $1,856 $12,495 $2,646 $9,849
2013 $1,809 $12,495 $2,646 $9,849
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gerard Lewis

    Better Homes For America, LLC

    (312) 758-5721

    53 Total Sales

    Gerard Lewis
    Section Image

  • G

    Buyer's Agent in 2014

    Gilbert Preciado

    G.T. Home Realty

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08512025

Midwest Real Estate Data (MRED)

APN: 19-12-325-036-0000

Illinois Cook County Chicago 60632 Gage Park

3014 W 54th Place, Chicago, IL

This home is located at 3014 W 54th Place, Chicago, IL 60632 since 06 January 2014 and is currently estimated at $291,311, approximately $225 per square foot. This property was built in 1927. 3014 W 54th Place is a home located in Cook County with nearby schools including Sawyer Elementary School, Curie Metropolitan High School, and Acero - Rufino Tamayo Elementary School.

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