R
Seller's Agent in 2021
Reynaldo Moreno
Realty of Chicago LLC
3257 S Racine Ave Chicago, IL 60608
Bridgeport NeighborhoodEstimated Value: $423,000 - $471,025
3
Beds
1
Bath
1,250
Sq Ft
$354/Sq Ft
Est. Value
Highlights
- Raised Ranch Architecture
- Central Air
- Senior Tax Exemptions
- 2 Car Detached Garage
- Combination Kitchen and Dining Room
- 5-minute walk to John P. Wilson Park
About This Home
As of July 2021Location, location, location! Solid brick raised ranch on highly desired Racine Avenue in the HOT Bridgeport neighborhood. This home boasts 3 large bedrooms with large closets and Master bedroom has double closets. Large eat-in Kitchen with pantry accommodates plenty of storage. Hardwood floors in living room and all bedrooms. Home has had one owner over for the past 40 years, furnace and central air conditioning have never missed their seasonal maintenance check and cleaning, Newer sump pump. Large back yard with gorgeous oversized hydrangea bush that makes a magical scene during summer BBQ's when it is in full bloom. Large basement can be done to have DOUBLE the living space and add a 4th large bedroom which already has it's walls up, the opportunities are endless! Less than 10 minute drive to all expressways, 15mins to Downtown, steps away from coveted Bridgeport Village, Wilson Playground is one block away, short walk to popular coffee shops and art galleries on Morgan Street. This home will not last long! SCHEDULE YOUR SHOWING TODAY! NEW ROOF ON BOTH HOME AND GARGAGE BEING INSTALLED. WILL INCLUD GUTTERS.
Last Agent to Sell the Property
Reynaldo Moreno
Realty of Chicago LLC License #475168462 Listed on: 06/06/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,260
Year Built
- Built in 1973
Lot Details
- 3,350 Sq Ft Lot
- Lot Dimensions are 28x125
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Raised Ranch Architecture
- Brick Exterior Construction
Interior Spaces
- 1,250 Sq Ft Home
- Combination Kitchen and Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2021
Closed on
Jul 24, 2021
Sold by
Gonzales Thomas M
Bought by
Gao Gui Wen and Huang Jielieng
Seller's Agent
Reynaldo Moreno
Realty of Chicago LLC
Buyer's Agent
David Chan
Imperial Palace Properties Corporation
List Price
$349,900
Sold Price
$353,800
Premium/Discount to List
$3,900
1.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,956
Avg. Annual Appreciation
5.20%
Original Mortgage
$220,000
Outstanding Balance
$205,596
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,258
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gao Gui Wen | $354,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gao Gui Wen | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2021 07/27/21 | Sold | $353,800 | +1.1% | $283 / Sq Ft |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- |
| 06/06/2021 06/06/21 | For Sale | $349,900 | -- | $280 / Sq Ft |
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 | $6,263 | $37,000 | $16,573 | $20,427 |
| 2023 | $6,084 | $33,000 | $13,392 | $19,608 |
| 2022 | $6,084 | $33,000 | $13,392 | $19,608 |
| 2021 | $2,226 | $33,000 | $13,392 | $19,608 |
| 2020 | $2,297 | $27,406 | $10,713 | $16,693 |
| 2019 | $2,291 | $30,452 | $10,713 | $19,739 |
| 2018 | $2,256 | $30,452 | $10,713 | $19,739 |
| 2017 | $2,416 | $25,134 | $8,370 | $16,764 |
| 2016 | $2,804 | $25,134 | $8,370 | $16,764 |
| 2015 | $2,695 | $25,134 | $8,370 | $16,764 |
| 2014 | $2,672 | $23,807 | $6,696 | $17,111 |
| 2013 | $2,681 | $23,807 | $6,696 | $17,111 |
Source: Public Records
Agents Affiliated with this Home
-
-
David Chan
D
Buyer's Agent in 2021
David Chan
Imperial Palace Properties Corporation
(312) 493-0351
7 in this area
19 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11113342
APN: 17-32-216-191-0000
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