NOT LISTED FOR SALE

3431 N Panama Ave Chicago, IL 60634

Belmont Terrace Neighborhood

Estimated Value: $432,000 - $490,000

4 Beds
3 Baths
1,245 Sq Ft
$369/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $381,000 $306 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,907/month

2 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Recreation Room
  • 4-minute walk to Hiawatha Park

About This Home

As of March 2021

NEWLY REMODELED 4 BEDROOM 3 BATHROOM HOME ON AN OVERSIZED LOT. QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES AND AN EAT-IN KITCHEN. LARGE DECK WHICH LEADS TO AN EVEN LARGER BACK YARD. FIRST FLOOR IS HOME TO 2 BEDROOMS, LIVING ROOM, KITCHEN AND BATHROOM WITH A JACUZZI AND SHOWER. SECOND FLOOR FEATURES YOUR MASTER SUITE, WALK IN CLOSET WITH AN ADDITIONAL ROOM THAT CAN BE USED FOR AN OFFICE, NURSERY OR WORKOUT ROOM. LARGE BASEMENT WITH RECREATIONAL ROOM, BEDROOM, BATHROOM, AND LAUNDRY ROOM. THE HOME COMES WITH A FLOOD CONTROL SYSTEM, DRAIN TILE AND SUMP PUMP FOR EXTRA PIECE OF MIND. 2-1/2 CAR GARAGE WITH LARGE ALLEY DOORS. CANTY ELEMENTARY SCHOOL WITH A CHOICE OF HIGH SCHOOL, TAFT FRESHMAN ACADEMY/TAFT HS OR STEINMETZ HS. CLOSE TO PARKS, TRANSPORTATION, RESTAURANTS AND SHOPPING. SCHEDULE YOUR TOUR TODAY.

Last Agent to Sell the Property

Thomas Gibbons

FairGreen Real Estate LLC License #471018033 Listed on: 01/19/2021

Last Buyer's Agent

Elizabeth Goodchild

Realty of America License #471009852

Realty of America

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1939 | 2020

Lot Details

  • 3,746

Parking

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

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Sitting Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built | Renovated

1939 | 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 3
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1939
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 19X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Table Space, Pantry, Updated Kitchen
  • Additional Rooms: Sitting Room, Recreation Room
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Sitting, Dimensions: 13X10, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 2 Name: Recreation Rm, Dimensions: 13X13, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 9X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 4: Dimensions: 10X10, On Level: Lower, Flooring: Ceramic Tile

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 299
  • Elementary School: Canty Elementary School
  • High School: Taft High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30 X 125
  • Parcel Identification Number: 12234150080000

Tax Info

  • Taxes: 4265.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 20, 2021
Sold by
Gererd Brady and Pearl Brady Pearl
Bought by
Daniel Torrez and Daniel Vesna Torrez
Seller's Agent
Thomas Gibbons
FairGreen Real Estate LLC
Buyer's Agent
Elizabeth Goodchild
Realty of America
List Price
$379,900
Sold Price
$381,000
Premium/Discount to List
$1,100
0.29%
Current Estimated Value
$459,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,487
Avg. Annual Appreciation
3.74%
Original Mortgage
$379,000
Interest Rate
3.12%
Mortgage Type
VA
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
Daniel Torrez $381,000 Alliance Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniel Torrez $379,000
Previous Owner Brady Gerard $214,700
Previous Owner Brady Gerard $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $381,000 +0.3% $306 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $379,900 0.0% $305 / Sq Ft
04/30/2017 04/30/17 Rented $2,100 +5.0% --
04/27/2017 04/27/17 For Rent $2,000 -- --
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 -- $31,000 $9,375 $21,625
2023 -- $30,000 $7,500 $22,500
2022 $0 $30,000 $7,500 $22,500
2021 $338 $30,003 $7,503 $22,500
2020 $4,253 $22,182 $4,687 $17,495
2019 $4,265 $24,647 $4,687 $19,960
2018 $4,192 $24,647 $4,687 $19,960
2017 $4,380 $23,711 $4,125 $19,586
2016 $4,251 $23,711 $4,125 $19,586
2015 $3,867 $23,711 $4,125 $19,586
2014 $3,397 $20,864 $3,750 $17,114
2013 $3,319 $20,864 $3,750 $17,114
Source: Public Records

Agents Affiliated with this Home

  • Thomas Gibbons

    Seller's Agent in 2021

    Thomas Gibbons

    FairGreen Real Estate LLC

    (773) 733-1335

    3 in this area

    60 Total Sales

    Thomas Gibbons
    Section Image
  • Elizabeth Goodchild

    Buyer's Agent in 2021

    Elizabeth Goodchild

    Realty of America

    (847) 691-2976

    1 in this area

    618 Total Sales

    Elizabeth Goodchild
    Section Image
  • Kerry Perkins

    Buyer Co-Listing Agent in 2021

    Kerry Perkins

    Berkshire Hathaway HomeServices Starck Real Estate

    (630) 290-5603

    1 in this area

    50 Total Sales

    Kerry Perkins
    Section Image

  • L

    Seller's Agent in 2017

    Leonard Di Cristofano

    Platinum Realty, Inc.

    (847) 685-9600

    32 Total Sales

    Leonard Di Cristofano
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10974332

Midwest Real Estate Data (MRED)

APN: 12-23-415-008-0000

Illinois Cook County Chicago 60634 Belmont Terrace

3431 N Panama Ave, Chicago, IL

This home is located at 3431 N Panama Ave, Chicago, IL 60634 since 19 January 2021 and is currently estimated at $459,487, approximately $369 per square foot. This property was built in 1939. 3431 N Panama Ave is a home located in Cook County with nearby schools including Canty Elementary School, Steinmetz College Prep, and St. Francis Borgia School.

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