Seller's Agent in 2024
David Thomas
Blue Door Dave Inc
(773) 301-7966
2 in this area
153 Total Sales
4137 S Ellis Ave Chicago, IL 60653
Oakland NeighborhoodEstimated Value: $458,000 - $554,000
3
Beds
2
Baths
2,160
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- A-Frame Home
- Property is near park
- Laundry Room
- Deck
- 2 Car Detached Garage
- Bathroom on Main Level
About This Home
As of October 2024Discover the potential of this charming 3-bed, 2-bath single-family home, perfectly situated in an incredibly desirable neighborhood. An identical property at 3616 S. Ellis recently sold for $530k in May 2024, showcasing the value and potential of this home. With minor upgrades, you can quickly create $75k to $100k of equity, enhancing the value of your investment. This property is a fantastic investment opportunity, offering potential for monthly rental income or lucrative Airbnb earnings. Properly managed, single-family homes in this area generate $4k to $10k per month on Airbnb. Enjoy summer days with a leisurely walk to the lake, hosting BBQs from your open garage, or simply relaxing in your cozy home. The basement features 9-foot ceilings and incredible space, offering you the opportunity to finish it to your liking, adding even more value and livable area to the home. Located just 17 minutes from the Magnificent Mile, 6 minutes from Soldier Field, and less than 10 minutes from downtown Chicago, this home offers unbeatable access to the city's best attractions. With a little sweat equity, transform this house into your perfect cozy home!!!!! Don't miss this incredible opportunity! Schedule your private showing today and start envisioning your dream home.!!!!
Last Agent to Sell the Property
Blue Door Dave Inc License #471020400 Listed on: 07/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,013
Year Built
- Built in 1997
Lot Details
- 2,526
Parking
- 2 Car Detached Garage
- No Garage
- Parking Included in Price
Home Design
- A-Frame Home
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,160 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Fireplace With Gas Starter
- Blinds
- Family Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Laminate Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Outdoor Features
- Deck
- Exterior Lighting
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Paved or Partially Paved Lot
- Property is near park
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2024
Closed on
Oct 18, 2024
Sold by
Barnes Lillian C and Barnes Lance R
Bought by
Miller Grady
Seller's Agent
David Thomas
Blue Door Dave Inc
Buyer's Agent
Rashauna Scott
Keller Williams ONEChicago
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,178
Avg. Annual Appreciation
11.40%
Original Mortgage
$512,000
Outstanding Balance
$504,279
Interest Rate
5.75%
Mortgage Type
VA
Estimated Equity
-$11,101
Purchase Details
Closed on
Nov 1, 2023
Sold by
Barnes Lillian Camille
Bought by
Barnes Lillian C and Barnes Lance Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 1997
Sold by
New Homes For North Kenwood Oakland
Bought by
Barnes Lillian Camille
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,660
Interest Rate
7.81%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller Grady | $430,000 | None Listed On Document | |
| Barnes Lillian C | -- | None Listed On Document | |
| Barnes Lillian Camille | $114,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Grady | $512,000 | |
| Previous Owner | Barnes Lillian C | $95,000 | |
| Previous Owner | Barnes Lillian Camille | $108,660 | |
| Closed | Barnes Lillian Camille | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $430,000 | +1.2% | $199 / Sq Ft |
| 07/30/2024 07/30/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | For Sale | $425,000 | -- | $197 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,013 | $42,001 | $8,810 | $33,191 |
| 2024 | $5,013 | $42,001 | $8,810 | $33,191 |
| 2023 | $4,865 | $27,001 | $8,810 | $18,191 |
| 2022 | $4,865 | $27,001 | $8,810 | $18,191 |
| 2021 | $4,774 | $26,999 | $8,809 | $18,190 |
| 2020 | $6,408 | $31,869 | $4,278 | $27,591 |
| 2019 | $6,347 | $35,021 | $4,278 | $30,743 |
| 2018 | $6,239 | $35,021 | $4,278 | $30,743 |
| 2017 | $5,887 | $30,723 | $3,523 | $27,200 |
| 2016 | $5,653 | $30,723 | $3,523 | $27,200 |
| 2015 | $5,149 | $30,723 | $3,523 | $27,200 |
| 2014 | $4,694 | $27,866 | $3,020 | $24,846 |
| 2013 | $4,590 | $27,866 | $3,020 | $24,846 |
Source: Public Records
Agents Affiliated with this Home
-
David Thomas
-
Rashauna Scott
Buyer's Agent in 2024
Rashauna Scott
Keller Williams ONEChicago
(773) 885-6263
1 in this area
136 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12107937
APN: 20-02-116-033-0000
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