NOT LISTED FOR SALE

3740 N Central Park Ave Chicago, IL 60618

Irving Park Neighborhood

Estimated Value: $707,469 - $762,000

5 Beds
2 Baths
1,572 Sq Ft
$466/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $585,000 $372 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,831/month

13 Days on Market

Highlights

  • Deck
  • 5-minute walk to Addison Station (Blue Line)
  • Wood Flooring
  • Property is near a park
  • Recreation Room
  • 2-minute walk to Independence Park

About This Home

As of June 2021

Beautiful brick bungalow on a wide 33 x 125 lot in red- hot Independence Park & just steps to 1- rated Murphy Elementary! 5BR/ 2BA including three bedrooms upstairs and two more on the main floor. Formal Living & Dining rooms lead to a huge Kitchen with significant storage, granite counter tops & stainless appliances. Kitchen connects to a flexible space that could be used as a breakfast nook or a family room. Glass slider opens from this space onto a large deck that cascades down to a green lawn & a newer 2.5 car garage. Primary bedroom is large enough for a king-sized bed & a sitting area- it opens to a large terrace that leads down to the deck off the kitchen. Walk- out English basement has a finished rec room, pantry closet, storage/ work room & a large laundry room with side-by-side W/D & a utility sink. Freshly painted, hardwood floors through the first two floors. Central HVAC with dual zones. Easy access to 90/ 94 as well as the shopping, dining & activities of Irving Park! ***Click the link to the 3- D tour & floor plans.

Last Agent to Sell the Property

Greg Vollan

@properties Christie's International Real Estate License #475125747 Listed on: 04/29/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Michael Shin

Coldwell Banker Realty License #475159583

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,430

Year Built

  • Built in 1910 | Remodeled in 2012

Lot Details

  • 4,199 Sq Ft Lot
  • Lot Dimensions are 33x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a park

Schools

  • Murphy Elementary School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,430

Year Built

Built in 1910 | Remodeled in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Room Type: Bedroom 5, Recreation Room, Pantry, Deck, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Exterior Access
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens
  • Foundation Details: Brick/Mortar
  • List Price: 530000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Murphy Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0964
  • Lot Dimensions: 33X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6430
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 22, 2021
Sold by
Medaglia Paul and Medaglia Laura
Bought by
Dahl Jason D and Thrun Emily M
Seller's Agent
Greg Vollan
@properties Christie's International Real Estate
Buyer's Agent
Michael Shin
Coldwell Banker Realty
Sold Price
$585,000
Current Estimated Value
$728,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,825
Avg. Annual Appreciation
4.44%
Original Mortgage
$497,250
Outstanding Balance
$456,600
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$243,739

Purchase Details

Listed on
Mar 5, 2012
Closed on
Apr 16, 2012
Sold by
Coleman Christopher
Bought by
Medgalia Paul and Medgalia Laura
Seller's Agent
John Fitzpatrick
Ideal Location Chicago RE, LLC
Buyer's Agent
Greg Vollan
@properties Christie's International Real Estate
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$260,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2011
Sold by
Velazquez Joel and Velazquez Lourdes M
Bought by
Coleman Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
4.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 23, 1996
Sold by
Velazquez Joel and Velazquez Lourdes M
Bought by
Velazquez Joel and Velazquez Lourdes M

Purchase Details

Closed on
Oct 25, 1995
Sold by
York Hilda Kohn and Kohn Fred Raymond
Bought by
Velazquez Joel and Hernandez Lourdes M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
7.61%
Source: Public Records

Range of Values:

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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
Dahl Jason D $585,000 Chicago Title
Medgalia Paul $325,000 Fidelity National Title
Coleman Christopher $147,500 Fidelity Natl Title Ins Co
Velazquez Joel -- --
Velazquez Joel $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dahl Jason D $497,250
Previous Owner Medaglia Paul $203,248
Previous Owner Medaglia Paul $258,000
Previous Owner Medgalia Paul $260,000
Previous Owner Coleman Christopher J $71,500
Previous Owner Velazquez Joel $442,000
Previous Owner Velazquez Joel $400,000
Previous Owner Velazquez Joel $308,000
Previous Owner Velazquez Joel $44,000
Previous Owner Velazquez Joel $217,500
Previous Owner Velazquez Joel $40,000
Previous Owner Velazquez Joel $217,500
Previous Owner Velazquez Joel $204,000
Previous Owner Velazquez Joel $132,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $585,000 +10.4% $372 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/05/2021 05/05/21 For Sale -- -- --
05/03/2021 05/03/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $530,000 +63.1% $337 / Sq Ft
04/16/2012 04/16/12 Sold $325,000 +8.3% $207 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $300,000 -- $191 / 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 $10,097 $56,262 $18,266 $37,996
2023 $9,821 $51,001 $14,697 $36,304
2022 $9,821 $51,001 $14,697 $36,304
2021 $9,617 $50,999 $14,696 $36,303
2020 $6,335 $31,441 $6,718 $24,723
2019 $6,430 $35,328 $6,718 $28,610
2018 $6,320 $35,328 $6,718 $28,610
2017 $5,786 $30,165 $5,878 $24,287
2016 $6,062 $30,165 $5,878 $24,287
2015 $6,239 $33,931 $5,878 $28,053
2014 $5,936 $31,875 $5,038 $26,837
2013 $5,818 $31,875 $5,038 $26,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11070075

Midwest Real Estate Data (MRED)

APN: 13-23-123-023-0000