NOT LISTED FOR SALE

Estimated Value: $776,000 - $1,111,000

4 Beds
3 Baths
1,751 Sq Ft
$553/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2018

Last sale price $385,000 $220 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $6,445 / mo

80 Days on Market

Highlights

  • Detached Garage
  • Bungalow
  • Senior Tax Exemptions
  • Bell Elementary School Rated A-

About This Home

As of December 2018

LOCATION! LOCATION! LOCATION! Here is the opportunity of a lifetime. This classic Chicago Bungalow is located in the Bell school district and walking distance to Lane Tech College Prep High School. This neighborhood is changing fast with numerous reconstruction projects and new construction homes! The long-time owner says it's time to move on, creating a great opportunity for a builder/developer or for that Bungalow lover who is not afraid of a renovation project. 2BR, 1BA on the main level, a semi-finished basement and a self-contained upstairs with 2BR, 1BA; perfect to live-in during construction. To repeat: this house needs a complete gut/rehab but there is HUGE potential.

Last Agent to Sell the Property

Brandyn Vita

eXp Realty License #475180903 Listed on: 08/05/2018

eXp Realty

Co-Listed By

Patrick Lynch

eXp Realty License #471012590

Last Buyer's Agent

Daniel Pogofsky

Fulton Grace Realty License #475157876

Fulton Grace Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1922

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction

Partially Finished Basement

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

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $10,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1922

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • 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: 1922
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X12, On Level: Main Level
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X10, On Level: Basement
  • Dining Room: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X9, On Level: Main Level
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level
  • Estimated Sq Ft: 1751

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Brick
  • Acreage: 0.0854

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiators

Condo/Co-op/Association

  • Assessed Sq Ft: 1751

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3720
  • Parcel Identification Number: 13242080230000

Tax Info

  • Taxes: 3960.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2018
Closed on
Nov 19, 2018
Sold by
Sullivan Clifford V
Bought by
Krasney Keith
Seller's Agent
Brandyn Vita
eXp Realty
Buyer's Agent
Daniel Pogofsky
Fulton Grace Realty
List Price
$475,000
Sold Price
$385,000
Premium/Discount to List
-$90,000
-18.95%
Current Estimated Value
$967,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,889
Avg. Annual Appreciation
13.44%
Original Mortgage
$365,750
Outstanding Balance
$317,639
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$650,250
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Krasney Keith $385,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krasney Keith $365,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $385,000 -18.9% $220 / Sq Ft
10/26/2018 10/26/18 For Sale $475,000 0.0% $271 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
10/22/2018 10/22/18 Pending -- -- --
09/04/2018 09/04/18 Price Changed $475,000 -6.9% $271 / Sq Ft
08/16/2018 08/16/18 Price Changed $510,000 -7.3% $291 / Sq Ft
08/05/2018 08/05/18 For Sale $550,000 -- $314 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $14,787 $68,000 $23,064 $44,936
2024 $14,787 $68,000 $23,064 $44,936
2023 $15,097 $80,900 $18,600 $62,300
2022 $15,097 $80,900 $18,600 $62,300
2021 $14,760 $73,400 $18,600 $54,800
2020 $8,577 $38,500 $8,184 $30,316
2019 $11,578 $63,801 $8,184 $55,617
2018 $3,354 $63,801 $8,184 $55,617
2017 $3,592 $36,046 $7,440 $28,606
2016 $3,961 $36,046 $7,440 $28,606
2015 $3,806 $36,046 $7,440 $28,606
2014 $3,774 $25,330 $6,696 $18,634
2013 $3,787 $25,330 $6,696 $18,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10041854

Midwest Real Estate Data (MRED)

APN: 13-24-208-023-0000

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