NOT LISTED FOR SALE

Estimated Value: $1,026,021 - $1,061,000

10 Beds
5 Baths
6,600 Sq Ft
$158/Sq Ft Est. Value

About This Home

This home is located at 3501 W Armitage Ave, Chicago, IL 60647 and is currently estimated at $1,043,511, approximately $158 per square foot. 3501 W Armitage Ave is a home located in Cook County with nearby schools including Frederick Funston Elementary School and Kelvyn Park High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2024
Sold by
Elliott Stephen
Bought by
3501 W Armitage Llc
Current Estimated Value
$1,043,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,500
Interest Rate
7.15%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2023
Sold by
Vargas Tito H
Bought by
Elliot Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$743,250
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2021
Sold by
Jose Romero and Tito Vagas Tito
Bought by
Tito Vargas and Tito Efrain Ramirez

Purchase Details

Closed on
Aug 26, 1993
Sold by
Cardenas Sigfredo
Bought by
Vargas Tito and Romero Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.28%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
3501 W Armitage Llc $955,000 None Listed On Document
Elliot Stephen $775,000 Chicago Title
Tito Vargas -- Chicago Title Insurance Co
Vargas Tito -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 3501 W Armitage Llc $817,500
Previous Owner Elliot Stephen $743,250
Previous Owner Vargas Tito $143,015
Previous Owner Adams Frances Janette $152,800
Previous Owner Vargas Tito H $152,175
Previous Owner Vargas Tito $112,500
Source: Public Records

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 $14,018 $73,263 $13,598 $59,665
2023 $13,663 $66,201 $11,025 $55,176
2022 $13,663 $66,201 $11,025 $55,176
2021 $13,356 $66,201 $11,025 $55,176
2020 $11,201 $50,099 $5,328 $44,771
2019 $11,612 $57,586 $5,328 $52,258
2018 $11,375 $57,586 $5,328 $52,258
2017 $11,366 $52,800 $4,777 $48,023
2016 $10,777 $53,808 $4,777 $49,031
2015 $9,860 $53,808 $4,777 $49,031
2014 $9,745 $52,524 $4,410 $48,114
2013 $10,512 $57,799 $4,410 $53,389
Source: Public Records

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