NOT LISTED FOR SALE

3042 N Lowell Ave Chicago, IL 60641

Belmont Gardens Neighborhood

Estimated Value: $384,000 - $478,000

3 Beds
2 Baths
1,432 Sq Ft
$306/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $128,000 $89 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $2,837/month

About This Home

As of February 2016

Enjoy more than 1,432 square feet of incredible living space in this Two-Story home that features 3 bedrooms and 2 baths. Notice the gleaming tile floors throughout. The kitchen offers spacious cabinet storage and recent appliances. Most Pets Welcome! Bruised credit considered. Application fee $50/per adult over 18. Move in 21 days or less from approved application!

Last Agent to Rent the Property

Steven Koleno

Baird & Warner License #471019159 Listed on: 11/06/2015

Co-Listed By

Angela O'Brien

Midland Realty Group License #475157804

Last Renter's Agent

John Zabojnik

Option Realty Group LTD

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,343

Year Built

  • 1930

Lot Details

  • 2,831

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$5,343

Year Built

1930

Lot Details

0

Parking

2

Rental Info

  • Available: 11/06/2015

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • Type Detached: 1.5 Story
  • Age: 81-90 Years
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Number Of Rooms: 6
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 17X13
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X10
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 12X9
  • Living Room Level: Main Level
  • Living Room Size: 23X13
  • Dining Room Level: Main Level
  • Dining Room Size: 14X13
  • Kitchen Level: Main Level
  • Kitchen Size: 12X11
  • Additional Rooms: No additional rooms

Exterior Features

  • 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

Utilities

  • Cooling: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 150
  • Pets Allowed: Yes
  • Pet Information: Cats OK

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2018
Sold by
Ih5 Property Illinois Lp
Bought by
Cerberus Sfr Holdings Ii Lp
Current Estimated Value
$438,859

Purchase Details

Closed on
Apr 10, 2015
Sold by
Ih2 Property Illinois Lp
Bought by
2015-2 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,686,000
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 29, 2013
Closed on
May 17, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ih2 Property Illinois Lp
Seller's Agent
Robert Padron
Re/Max Cityview
Buyer's Agent
Rosario Terracciano
Clickinvest, Inc.
List Price
$154,900
Sold Price
$128,000
Premium/Discount to List
-$26,900
-17.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
Jun 22, 2012
Sold by
Ocegueda Vicente
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 27, 2004
Sold by
Davila Luis and Davila Margot
Bought by
Ocegueda Vincente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,400
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1995
Sold by
Neumann Walter E and Neumann Sharon
Bought by
Davila Luis and Davila Margot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,924
Interest Rate
7.88%
Mortgage Type
FHA
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
Cerberus Sfr Holdings Ii Lp $2,029,000 Attorney
2015-2 Ih2 Borrower Lp -- None Available
Ih2 Property Illinois Lp $128,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Ocegueda Vincente $282,500 Multiple
Davila Luis $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Sfr C1 Lp $206,905,500
Previous Owner 2O15-2 Ih2 Borrower Lp $636,686,000
Previous Owner Ocegueda Vicente $280,000
Previous Owner Ocegueda Vicente $273,500
Previous Owner Ocegueda Vincente $268,400
Previous Owner Davila Luis $212,000
Previous Owner Davila Luis $107,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Rented $2,045 -4.7% --
11/28/2015 11/28/15 Under Contract -- -- --
11/06/2015 11/06/15 For Rent $2,145 0.0% --
05/24/2013 05/24/13 Sold $128,000 -11.7% $89 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/30/2013 04/30/13 Price Changed $144,900 -6.5% $101 / Sq Ft
03/29/2013 03/29/13 For Sale $154,900 -- $108 / 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 $5,343 $31,000 $8,720 $22,280
2023 $5,208 $25,219 $7,033 $18,186
2022 $5,208 $25,219 $7,033 $18,186
2021 $5,773 $28,596 $7,032 $21,564
2020 $3,763 $16,820 $4,078 $12,742
2019 $3,813 $18,899 $4,078 $14,821
2018 $3,735 $18,899 $4,078 $14,821
2017 $3,872 $17,976 $3,656 $14,320
2016 $4,191 $20,912 $3,656 $17,256
2015 $3,834 $20,912 $3,656 $17,256
2014 $4,194 $22,590 $3,375 $19,215
2013 $1,520 $9,139 $3,375 $5,764
Source: Public Records

Agents Affiliated with this Home

  • Steven Koleno

    Landlord's Agent in 2016

    Steven Koleno

    Baird & Warner

    (312) 300-6768

    11,327 Total Sales

    Section Image

  • A

    Landlord's Co-Listing Agent in 2016

    Angela O'Brien

    Midland Realty Group

  • J

    Tenant's Agent in 2016

    John Zabojnik

    Option Realty Group LTD

  • Robert Padron

    Seller's Agent in 2013

    Robert Padron

    RE/MAX

    (847) 774-1866

    97 Total Sales

    Section Image

  • R

    Buyer's Agent in 2013

    Rosario Terracciano

    Clickinvest, Inc.

    (407) 601-2211

    34 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09081559

Midwest Real Estate Data (MRED)

APN: 13-27-208-023-0000

Illinois Cook County Chicago 60641 Belmont Gardens

3042 N Lowell Ave, Chicago, IL

This home is located at 3042 N Lowell Ave, Chicago, IL 60641 since 06 November 2015 and is currently priced at $438,640. This property was built in 1930. 3042 N Lowell Ave is a home located in Cook County with nearby schools including Scammon Elementary School, Schurz High School, and ASPIRA Early College High School.

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