NOT LISTED FOR SALE

3116 N Lotus Ave Chicago, IL 60641

Cragin Neighborhood

Estimated Value: $402,000 - $440,000

7 Beds
3 Baths
1,095 Sq Ft
$381/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $315,000 $288 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,592/month

100 Days on Market

Highlights

  • Second Kitchen
  • Recreation Room
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • Detached Garage

About This Home

As of October 2020

Nice spacious brick Bungalow in great location. Close to schools, public transportation and shops. Move in ready. Refreshed hardwood floors, freshly painted. Plenty of storage. Full finished basement. Newer 2.5 car garage and fenced yard with beautiful deck. Kitchen and full bathroom on each level.

Last Agent to Sell the Property

Joanna Zieba

United Real Estate Elite License #471009116 Listed on: 04/23/2020

United Real Estate Elite

Last Buyer's Agent

Jerry Morales

Golden City Realty, Inc. License #471012103

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,645

Year Built

  • 1927

Lot Details

  • 3,485

Parking

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

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Dining Area
  • Recreation Room
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • $9,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,645

Year Built

1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Age: 91-100 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
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • Number Of Rooms: 14
  • Living Room: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 7
  • Below Grade Bedrooms: 3
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 7X5, On Level: Basement
  • Dining Room: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, 6th Bedroom, 7th Bedroom, Eating Area, Recreation Room, 2nd Kitchen, Foyer, Deck
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X11, On Level: Basement, Flooring: Hardwood
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 13X8, On Level: Basement, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: 7th Bdrm, Dimensions: 10X8, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Eating Area, Dimensions: 11X11, On Level: 2nd Level, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 15X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Recreation Rm, Dimensions: 15X12, On Level: Basement, Flooring: Wood Laminate
  • Additional Room 6 Name: 2nd Kitchen, Dimensions: 12X8, On Level: Basement, Flooring: Ceramic Tile
  • Additional Room 7 Name: Foyer, Dimensions: 5X4, On Level: Main Level, Flooring: Other
  • Additional Room 8 Name: Deck, Dimensions: 16X11, On Level: Main Level
  • Dining Room Type: Separate
  • Family Room: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0868

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3780
  • Parcel Identification Number: 13281020340000

Tax Info

  • Taxes: 4557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Sep 28, 2020
Sold by
Baran Bozena
Bought by
Ocampo Luis E Martinez and Ocampo Miguel A
Seller's Agent
Joanna Zieba
United Real Estate Elite
Buyer's Agent
Jerry Morales
Golden City Realty, Inc.
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%
Current Estimated Value
$417,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,659
Avg. Annual Appreciation
5.64%
Original Mortgage
$308,353
Outstanding Balance
$274,264
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$143,395

Purchase Details

Closed on
Feb 25, 2020
Sold by
Wojcik Katarzyna and Wojcik Piotr
Bought by
Baran Bozena and Baran Jan

Purchase Details

Closed on
Aug 12, 2002
Sold by
Kaminski Czeslaw and Kaminski Grazyna
Bought by
Baran Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ocampo Luis E Martinez $315,000 Attorney
Baran Bozena -- Attorney
Baran Jan $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocampo Luis E Martinez $308,353
Previous Owner Baran Jan $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $315,000 -1.5% $288 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $319,900 -- $292 / 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 $4,645 $32,000 $6,993 $25,007
2023 $4,528 $22,000 $5,670 $16,330
2022 $4,528 $22,000 $5,670 $16,330
2021 $4,427 $22,003 $5,673 $16,330
2020 $4,573 $20,518 $4,725 $15,793
2019 $4,634 $23,054 $4,725 $18,329
2018 $4,557 $23,054 $4,725 $18,329
2017 $2,743 $20,886 $4,158 $16,728
2016 $3,127 $20,886 $4,158 $16,728
2015 $3,349 $20,886 $4,158 $16,728
2014 $3,430 $21,039 $3,780 $17,259
2013 $3,351 $21,039 $3,780 $17,259
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joanna Zieba

    United Real Estate Elite

    (708) 651-2098

    45 Total Sales

    Joanna Zieba
    Section Image

  • J

    Buyer's Agent in 2020

    Jerry Morales

    Golden City Realty, Inc.

    (773) 807-9085

    9 in this area

    149 Total Sales

    Jerry Morales
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10696206

Midwest Real Estate Data (MRED)

APN: 13-28-102-034-0000

Illinois Cook County Chicago 60641 Cragin

3116 N Lotus Ave, Chicago, IL

Not Listed for Sale

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