NOT LISTED FOR SALE

4431 N Drake Ave Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $750,000 - $989,000

4 Beds
4 Baths
3,750 Sq Ft
$239/Sq Ft Est. Value

Last Sold November 19, 2015

Last sale price $579,900 $155 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,063/month

73 Days on Market

Highlights

  • Landscaped Professionally
  • Recreation Room
  • Stainless Steel Appliances
  • Deck
  • Wood Flooring
  • Fenced Yard

About This Home

As of November 2015

4431 is a thoughtfully redeveloped home! Largest allowable footprint by City of Chicago, its sprawling! Featuring 4 bedrooms, 3.5 baths, and over 3700 SF of exquisite details and designer finishes. An incredibly gracious home with an open floor plan. The home is complete w/ a luxury master suite, an entertainers kitchen w/natural quartz countertops, multiple balconies for relaxing, reclaimed wood, bamboo flooring throughout, showcase fireplace, new high efficiency mechanicals on two separate systems and much more! Close proximity to shopping, highway access, and public transit.

Last Agent to Sell the Property

Eric Theisen

Charles Rutenberg Realty of IL Listed on: 07/19/2015

Last Buyer's Agent

Eric Theisen

Charles Rutenberg Realty of IL Listed on: 07/19/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,273

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation
  • Shake Siding

Interior Spaces

  • Wet Bar
  • See Through Fireplace
  • Gas Log Fireplace
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Two Heating Systems
  • Heating System Uses Gas

Listing and Financial Details

  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,273

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 3 Stories
  • Estimated Year Built: U
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Freezer, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Fireplace Details: See through/Multi Sided, Gas Logs
  • Fireplace Location: Family Room, Living Room
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X8, On Level: Lower, Flooring: Porcelain Tile
  • Dining Room: Dimensions: 13X19, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 13X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 15X24, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X15, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 9X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 12X13, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 3750
  • Family Room: Dimensions: 16X17, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Brick, Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Shakes
  • Exterior Property Features: Balcony, Deck, Porch

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
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, 2+ Sep Heating Systems

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3528
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 13142220090000

Tax Info

  • Taxes: 4705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2015
Closed on
Nov 16, 2015
Sold by
Watermark Properties Llc
Bought by
Farris Kevin K and Farris Kristina L
Seller's Agent
Eric Theisen
Charles Rutenberg Realty of IL
Buyer's Agent
Eric Theisen
Charles Rutenberg Realty of IL
List Price
$599,900
Sold Price
$579,900
Premium/Discount to List
-$20,000
-3.33%
Current Estimated Value
$905,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,474
Avg. Annual Appreciation
4.75%
Original Mortgage
$463,920
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2014
Sold by
Jbmm Investments Llc
Bought by
Watermark Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2014
Sold by
Kennedy Gladys
Bought by
Jbmm Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,250
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2011
Sold by
Kennedy Gladys
Bought by
Kennedy Gladys
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
Farris Kevin K $580,000 Landtrust National Title
Watermark Properties Llc $201,000 Prism Title
Jbmm Investments Llc $145,000 Specialty Title Service Inc
Kennedy Gladys -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farris Kevin K $426,000
Closed Farris Kevin K $463,920
Previous Owner Watermark Properties Llc $1,000,000
Previous Owner Jbmm Investments Llc $117,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2015 11/19/15 Sold $579,900 -2.5% $155 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
08/20/2015 08/20/15 Price Changed $594,900 -0.8% $159 / Sq Ft
07/19/2015 07/19/15 For Sale $599,900 -- $160 / 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 $13,273 $66,000 $12,348 $53,652
2023 $13,623 $66,000 $9,878 $56,122
2022 $13,623 $66,000 $9,878 $56,122
2021 $13,315 $65,999 $9,878 $56,121
2020 $9,122 $40,807 $5,115 $35,692
2019 $9,243 $45,851 $5,115 $40,736
2018 $9,087 $45,851 $5,115 $40,736
2017 $5,325 $24,656 $4,586 $20,070
2016 $4,955 $24,656 $4,586 $20,070
2015 $5,761 $31,329 $4,586 $26,743
2014 $4,800 $25,776 $4,233 $21,543
2013 $4,705 $25,776 $4,233 $21,543
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Eric Theisen

    Charles Rutenberg Realty of IL

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08986988

Midwest Real Estate Data (MRED)

APN: 13-14-222-009-0000

Illinois Cook County Chicago 60618 Albany Park

4431 N Drake Ave, Chicago, IL

This home is located at 4431 N Drake Ave, Chicago, IL 60625 since 19 July 2015 and is currently estimated at $896,946, approximately $239 per square foot. 4431 N Drake Ave is a home located in Cook County with nearby schools including Henry Elementary School, Roosevelt High School, and ASPIRA Haugan Middle School.

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