NOT LISTED FOR SALE

Estimated Value: $757,000 - $1,294,000

0.17 Acre
$6,381,065 Price per Acre
7,405 Sq Ft Lot

Last Sold December 03, 2015

Last sale price $427,500

Est. 152% increase in value since last sale

Current estimated payment $7,385/month

93 Days on Market

About This Lot

As of December 2015

Amazing 50x156 lot in Old Irving. Great project for Developer/Rehabber. Can be made into 4/5 BR's up. Great street full of single family homes on large lots. Knock down or full gut project for amazing SF Brick home or 2 unit rental. R2 zoning. Building has been burned out inside, no access inside at this point. Recent survey attached to listings on attached docs. Great access to expressways, Elston Ave or public transportation.

Last Agent to Sell the Property

Scot Wendorf

Silver Property Group, Ltd License #475102865 Listed on: 08/23/2015

Last Buyer's Agent

Scot Wendorf

Silver Property Group, Ltd License #475102865 Listed on: 08/23/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,220

Lot Details

Additional Features

  • Property is near a bus stop
  • Heating System Uses Gas

Property Details

Property Type

Land

Est. Annual Taxes

$18,220

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Potential Use: Residential-Single Family
  • Total Listed Lots Avail: 1
  • Utilities To Site: Electric to Site, Gas to Site, Water-Municipal
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.17
  • Frontage Access: City Street
  • Front Footage: 50

Utilities

  • Heating Fuel: Gas

Schools

  • School District: 299
  • Elementary School: BELDING ELEMENTARY SCHOOL
  • Middle School: BELDING ELEMENTARY SCHOOL
  • High School: SCHURZ HIGH SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 50 X 156
  • Parcel Identification Number: 13154010100000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 6050.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Medina Sandra C
Current Estimated Value
$1,076,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2015
Closed on
Dec 2, 2015
Sold by
Wendort Lori Sue and Fearn Laura
Bought by
Chicago Title Land Trust Company and Trust #8002369899
Seller's Agent
Scot Wendorf
Silver Property Group, Ltd
Buyer's Agent
Scot Wendorf
Silver Property Group, Ltd
List Price
$599,000
Sold Price
$427,500
Premium/Discount to List
-$171,500
-28.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%

Purchase Details

Listed on
Oct 14, 2014
Closed on
Jan 7, 2015
Sold by
Merritt Hannelore H
Bought by
Wendorf Lori Sue and Fearn Laura M
Seller's Agent
Michael McCallum
Baird & Warner
Buyer's Agent
Scot Wendorf
Silver Property Group, Ltd
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.42%
Original Mortgage
$400,000
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2008
Sold by
Merritt James S and Merritt Hannelore H
Bought by
Merritt James S and Merritt Hannelore H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2008
Sold by
Merritt James S and Merritt Hannelore H
Bought by
Merritt James S and Merritt Hannelore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2007
Sold by
Merritt James S and Merritt Hannelore H
Bought by
Merritt James S and Merritt Hannelore H

Purchase Details

Closed on
Sep 25, 2006
Sold by
Merritt James S
Bought by
Merritt James S and Merritt Hannelore H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2005
Sold by
Merritt James S and Merritt Hannelore H
Bought by
Merritt James S and Merritt Hannelore H
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Medina Sandra C -- Acquest Title Services Llc
Chicago Title Land Trust Company $427,500 Chicago Title Land Trust Co
Wendorf Lori Sue $550,000 Multiple
Merritt James S -- None Available
Merritt James S -- Stewart Title Of Illinois
Merritt James S -- None Available
Merritt James S -- None Available
Merritt James S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Sandra C $302,500
Closed Medina Sandra C $305,000
Previous Owner Wendorf Lori Sue $400,000
Previous Owner Merritt James S $448,000
Previous Owner Merritt James S $370,000
Previous Owner Merritt James S $283,050
Previous Owner Merritt James S $285,000
Previous Owner Merritt James S $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2015 12/03/15 Sold $427,500 -28.6% --
11/24/2015 11/24/15 Pending -- -- --
08/23/2015 08/23/15 For Sale $599,000 +8.9% --
01/07/2015 01/07/15 Sold $550,000 0.0% --
11/08/2014 11/08/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $550,000 -- --
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 $18,220 $97,578 $30,810 $66,768
2023 $17,762 $88,337 $24,960 $63,377
2022 $17,762 $88,337 $24,960 $63,377
2021 $17,361 $86,000 $24,960 $61,040
2020 $10,040 $44,887 $12,480 $32,407
2019 $9,949 $49,327 $12,480 $36,847
2018 $9,781 $49,327 $12,480 $36,847
2017 $3,205 $14,830 $10,920 $3,910
2016 $10,059 $50,026 $10,920 $39,106
2015 $9,204 $50,026 $10,920 $39,106
2014 $7,051 $37,837 $9,360 $28,477
2013 $6,088 $37,837 $9,360 $28,477
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09019685

Midwest Real Estate Data (MRED)

APN: 13-15-401-010-0000