NOT LISTED FOR SALE

3114 N Lotus Ave Chicago, IL 60641

Cragin Neighborhood

Estimated Value: $254,000 - $353,000

3 Beds
1 Bath
624 Sq Ft
$508/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $197,000 $316 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,858/month

43 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Bonus Room
  • Deck
  • Main Floor Bedroom
  • Mud Room

About This Home

As of February 2018

Nice opportunity to own! 3 bedroom, 1 bath, 1.5 story home with 2nd bathroom ready to finish upstairs. Water heater 2016, boiler 2006 with thermal coupling replaced in 2016. Siding 2010, tear off roof 2009, windows 2008. Washer brand new, dryer 2010, refrigerator and stove 2009. May be potential to build a garage up front where there currently a sizable concrete pad and adjoining shed. Spacious yard with deck and gazebo make a great space for entertaining. Close to restaurants, grocery and retail stores. Come buy!

Last Agent to Sell the Property

Cathi Weaver

Fathom Realty IL LLC License #475131684 Listed on: 11/10/2017

Fathom Realty IL LLC

Last Buyer's Agent

Axel Juarez

Bright Future Realty License #471019476

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,256

Year Built

  • 1911

Lot Details

  • 3,485

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Mud Room
  • Dining Area
  • Bonus Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • Deck
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,256

Year Built

1911

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Square Footage Comments: Assessor isn't accounting for upstairs
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1911
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1911

Interior Features

  • Interior Property Features: Hardwood Floors, Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X11, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Equipment: CO Detectors, Ceiling Fan
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Bonus, Deck, Eating Area, Mud Room
  • Master Bedroom: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Mud, Dimensions: 9X7, On Level: Main Level, Flooring: Vinyl
  • Additional Room 2 Name: Deck, Dimensions: 20X12, On Level: Main Level
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Wood Laminate
  • Additional Room 3 Name: Eating Area, Dimensions: 8X8, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 9X9, On Level: 2nd Level, Flooring: Wood Laminate
  • Additional Room 4 Name: Bonus, Dimensions: 8X7, On Level: 2nd Level, Flooring: Vinyl, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.0868

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Assessed Sq Ft: 624

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30X125
  • Lot Description: Rear of Lot
  • Parcel Identification Number: 13281020350000

Tax Info

  • Taxes: 2559.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jan 31, 2018
Sold by
Turrubiartes John M and Turrubiartes Margaret
Bought by
Pacheco Jose and Salgado Magdalena
Seller's Agent
Cathi Weaver
Fathom Realty IL LLC
Buyer's Agent
Axel Juarez
Bright Future Realty
List Price
$205,000
Sold Price
$197,000
Premium/Discount to List
-$8,000
-3.9%
Current Estimated Value
$316,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,916
Avg. Annual Appreciation
6.34%
Original Mortgage
$193,431
Outstanding Balance
$166,334
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$150,582

Purchase Details

Closed on
Jun 15, 2004
Sold by
Kourieh Danho L
Bought by
Turrubiartes John and Turrubiartes Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,100
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 1999
Sold by
Kourieh George L
Bought by
Kourieh Danho L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.5%

Purchase Details

Closed on
Feb 7, 1994
Sold by
Pioneer Bank & Trust Company
Bought by
Kourieh George L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pacheco Jose $197,000 None Available
Turrubiartes John $229,000 Multiple
Kourieh Danho L $130,000 Professional National Title
Kourieh George L $80,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Jose $193,431
Previous Owner Turrubiartes John $222,100
Previous Owner Kourieh Danho L $104,000
Previous Owner Kourieh George L $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2018 02/27/18 Sold $197,000 -3.9% $316 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
11/10/2017 11/10/17 For Sale $205,000 -- $329 / 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 $2,256 $24,000 $6,993 $17,007
2023 $2,178 $14,000 $5,670 $8,330
2022 $2,178 $14,000 $5,670 $8,330
2021 $2,147 $14,003 $5,673 $8,330
2020 $2,871 $15,981 $4,725 $11,256
2019 $3,610 $17,957 $4,725 $13,232
2018 $2,870 $17,957 $4,725 $13,232
2017 $2,845 $16,585 $4,158 $12,427
2016 $2,823 $16,585 $4,158 $12,427
2015 $2,560 $16,585 $4,158 $12,427
2014 $2,543 $16,266 $3,780 $12,486
2013 $2,482 $16,266 $3,780 $12,486
Source: Public Records

Agents Affiliated with this Home

  • Cathi Weaver

    Seller's Agent in 2018

    Cathi Weaver

    Fathom Realty IL LLC

    (847) 477-3494

    1 in this area

    58 Total Sales

    Cathi Weaver
    Section Image
  • Axel Juarez

    Buyer's Agent in 2018

    Axel Juarez

    Bright Future Realty

    (773) 905-2335

    4 in this area

    103 Total Sales

    Axel Juarez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09798813

Midwest Real Estate Data (MRED)

APN: 13-28-102-035-0000

Illinois Cook County Chicago 60641 Cragin

3114 N Lotus Ave, Chicago, IL

Not Listed for Sale

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