NOT LISTED FOR SALE

Estimated Value: $402,000 - $499,000

4 Beds
2 Baths
2,200 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $325,000 $148 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,774/month

20 Days on Market

About This Home

As of October 2021

TURN KEY 4, 2 BATH BEDROOM IN DESIREABLE BELMONT HEIGHTS NEIGHBORHOOD. PRICED TO SELL! EVERYTHING UPDATED AND METICULOUSLY MAINTAINED. FIRST FLOOR BOASTS QUAINT LIVING ROOM WITH HARDWOOD FLOORS AND BAY WINDOW, 2 BEDROOMS, FULL BATH AND UPDATED KITCHEN FEATURING 42" MAPLE CABINETS, SS APPLIANCES, GRANITE COUNTERS, BACKSPLASH, AND SPACE FOR TABLE. 2ND FLOOR FEATURES 2 HUGE BEDROOMS AND CLOSETS GALORE. FULL FINISHED BASEMENT HAS CANNED LIGHTS, FULL/UPDATED BATH, ACCESS TO YARD, TONS OF NATURAL LIGHT AND SPACIOUS LAUNDRY ROOM. UNBEATABLE YARD HAS NEWLY STAINED DOUBLE TIER DECK, POOL, AND PLENTY OF PATIO SPACE. ADDITIONAL UPDATES AND IMPROVEMENTS INCL BUT NOT LIMITED TO: NEWER ROOF (2012), 200 AMP ELECTRICAL, COPPER PIPING, HOT WATER TANK (2019), FURNACE (2006) AND MUCH MORE. PLUS SAVE ON ELECTRIC BILL WITH SOLAR PANELS ON ROOF! TRULY A GEM AND A PLEASURE TO SHOW!

Last Agent to Sell the Property

Marisa Macchione Massey

HomeSmart Connect LLC License #475129740 Listed on: 08/31/2021

HomeSmart Connect LLC

Last Buyer's Agent

Luis Saldana

Dwell License #471019218

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,856

Year Built

  • 1955

Lot Details

  • 3,920

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Finished Basement
  • Finished Basement Bathroom

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,856

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: English
  • Directions: ADDISON WEST OF HARLEM TO OLCOTT. SOUTH TO PROPERTY
  • Lot Size: 30X130
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Belmont Heights
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • Dining Room Type: Recreation Room, Utility Room-Lower Level

Exterior Features

  • Exterior Features: Deck, Patio, Above Ground Pool, Storms/Screens
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 3918.41
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 25, 2021
Sold by
Ferraro George D and Ferraro Asia I
Bought by
Carlos Colchado and Carlos Luz Colchado
Seller's Agent
Marisa Macchione Massey
HomeSmart Connect LLC
Buyer's Agent
Luis Saldana
Dwell
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
$444,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,481
Avg. Annual Appreciation
6.45%
Original Mortgage
$319,113
Outstanding Balance
$298,124
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$116,113

Purchase Details

Closed on
May 15, 2002
Sold by
Burt Daniel V
Bought by
Ferraro George D and Ferraro Asia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
7%

Purchase Details

Closed on
Apr 26, 1999
Sold by
Bagan Lee Dennis and Bagan Lee Sarah
Bought by
Burtur Daniel V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
10.99%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 1994
Sold by
Lonero David B and Lonero Deirdre
Bought by
Lee Dennis S and Bagan Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,953
Interest Rate
8.08%
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
Carlos Colchado $325,000 Chicago Title
Ferraro George D $208,000 Residential Title Services
Burtur Daniel V $133,500 --
Lee Dennis S $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlos Colchado $319,113
Previous Owner Ferraro George D $226,200
Previous Owner Ferraro George D $265,600
Previous Owner Ferraro George D $43,500
Previous Owner Ferraro George D $262,500
Previous Owner Ferraro George D $28,000
Previous Owner Ferraro George D $200,500
Previous Owner Ferraro George D $197,600
Previous Owner Burt Daniel $15,000
Previous Owner Burt Daniel $168,750
Previous Owner Burt Daniel $148,350
Previous Owner Burt Daniel B $126,000
Previous Owner Lee Dennis S $131,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $325,000 -7.1% $148 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $349,900 -- $159 / 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 $4,856 $28,000 $9,975 $18,025
2023 $4,734 $23,000 $7,980 $15,020
2022 $4,734 $23,000 $7,980 $15,020
2021 $3,958 $23,003 $7,983 $15,020
2020 $3,906 $20,628 $4,987 $15,641
2019 $3,918 $22,921 $4,987 $17,934
2018 $3,851 $22,921 $4,987 $17,934
2017 $4,053 $22,194 $4,389 $17,805
2016 $3,947 $22,194 $4,389 $17,805
2015 $3,588 $22,194 $4,389 $17,805
2014 $3,145 $19,506 $3,990 $15,516
2013 $3,708 $23,001 $3,990 $19,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11205598

Midwest Real Estate Data (MRED)

APN: 12-24-418-004-0000