NOT LISTED FOR SALE

4601 N Drake Ave Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $483,000 - $569,000

3 Beds
1.5 Baths
1,472 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $351,000 $238 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,423/month

Highlights

  • Deck
  • Heated Sun or Florida Room
  • 2 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • 2-minute walk to Drake Gardens

About This Home

As of July 2020

ALBANY PARK BEAUTIFUL CLASSIC FOUR SQUARE! LOCATED ON A WIDE CORNER LOT! BRIGHT ENCLOSED HEATED SUN ROOM. HARDWOOD FLOORS THROUGHOUT WITH LARGE LIVING ROOM W/ SEP SPACIOUS DINING ROOM. KITCHEN LEADS INTO A WONDERFUL NEW CEDAR BACK PORCH. GREAT SIZE BEDROOMS, ENCLOSED PORCH TANDEM. LARGE BASEMENT WITH WASHER/DRYER AND HALF BATH! UPDATES INCLUDE ALL NEW ELECTRICAL, NEW GARAGE DOOR, PERMASEAL DRY BASEMENT, HOT WATER HEATER, WASHER/DRYER, EXTRA-WIDE GUTTERS, FASCIA, RE-FINISHED HARDWOOD FLOORS, STAINLESS STEEL DISHWASHER. YOU CAN NOT BEAT THE LOCATION! WALKING DISTANCE TO BROWN LINE. COME SEE THIS HOME AND START CREATING GREAT FAMILY MEMORIES!!!

Last Agent to Sell the Property

Steve McEwen

@properties Christie's International Real Estate License #475116369 Listed on: 05/27/2020

@properties Christie's International Real Estate

Co-Listed By

Danica Matos

Smart Home Realty License #475170672

Last Buyer's Agent

Luis Regalado

Parkvue Realty Corporation License #475133139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,153

Year Built

  • Built in 1908 | Remodeled in 2010

Lot Details

  • 4,077 Sq Ft Lot
  • Lot Dimensions are 32 x 125

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,472 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Heated Enclosed Porch
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Deck

Schools

  • Haugan Elementary School
  • Marshall Middle School
  • Roosevelt High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,153

Year Built

Built in 1908 | Remodeled in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1472
  • Room Type: Heated Sun Room, Enclosed Porch Heated, Deck
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

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: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Haugan Elementary School
  • High School: Roosevelt High School
  • Middle/Junior School: Marshall Middle School

Lot Info

  • Lot Size Acres: 0.0936
  • Lot Dimensions: 32 X 125
  • Rural (Y/N): N
  • 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: 6152.52
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 2, 2020
Sold by
Sitter Rebecca and Kerschen Rebecca
Bought by
Hecht Emily
Seller's Agent
Steve McEwen
@properties Christie's International Real Estate
Buyer's Agent
Luis Regalado
Parkvue Realty Corporation
List Price
$355,000
Sold Price
$351,000
Premium/Discount to List
-$4,000
-1.13%
Current Estimated Value
$527,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,722
Avg. Annual Appreciation
8.00%
Original Mortgage
$280,800
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2016
Closed on
May 6, 2016
Sold by
Byrne Sean
Bought by
Sitter Rebecca C
Seller's Agent
David Mishel
Compass
Buyer's Agent
Camille Canales
Compass
List Price
$320,000
Sold Price
$310,500
Premium/Discount to List
-$9,500
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$301,185
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2003
Sold by
Merritt Felton and Merritt Kathy
Bought by
Rhew Jennifer N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 13, 1996
Sold by
Saguiped Feliciano G and Saguiped Feliciano A
Bought by
Merritt Felton and Merritt Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,550
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hecht Emily $351,000 Chicago Title
Sitter Rebecca C $310,500 Citywide Title Corporation
Rhew Jennifer N $222,000 Multiple
Rhew Jennifer N $222,000 Multiple
Merritt Felton $98,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hecht Emily $280,800
Previous Owner Sitter Rebecca C $301,185
Previous Owner Rhew Jennifer N $196,000
Previous Owner Merritt Felton $94,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2020 07/10/20 Sold $351,000 -1.1% $238 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $355,000 +14.3% $241 / Sq Ft
05/25/2016 05/25/16 Sold $310,500 -3.0% $211 / Sq Ft View Prior Sale
04/12/2016 04/12/16 Pending -- -- --
02/27/2016 02/27/16 For Sale $320,000 -- $217 / 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 $7,768 $46,000 $14,266 $31,734
2023 $7,550 $40,000 $11,413 $28,587
2022 $7,550 $40,000 $11,413 $28,587
2021 $8,070 $39,999 $11,412 $28,587
2020 $6,157 $30,643 $5,910 $24,733
2019 $6,249 $34,431 $5,910 $28,521
2018 $6,823 $34,431 $5,910 $28,521
2017 $6,836 $31,652 $5,298 $26,354
2016 $5,859 $31,652 $5,298 $26,354
2015 $5,338 $31,652 $5,298 $26,354
2014 $4,869 $28,713 $4,891 $23,822
2013 $4,761 $28,713 $4,891 $23,822
Source: Public Records

Agents Affiliated with this Home

  • Steve McEwen

    Seller's Agent in 2020

    Steve McEwen

    @ Properties

    (312) 307-9470

    1 in this area

    149 Total Sales

    Steve McEwen
    Section Image
  • Danica Matos

    Seller Co-Listing Agent in 2020

    Danica Matos

    Smart Home Realty

    (312) 971-7957

    76 Total Sales

    Danica Matos
    Section Image

  • L

    Buyer's Agent in 2020

    Luis Regalado

    Parkvue Realty Corporation

    (708) 828-7507

    13 Total Sales

    Luis Regalado
    Section Image
  • David Mishel

    Seller's Agent in 2016

    David Mishel

    Compass

    (773) 936-2714

    145 Total Sales

    David Mishel
    Section Image
  • Camille Canales

    Buyer's Agent in 2016

    Camille Canales

    Compass

    (773) 377-9200

    8 in this area

    336 Total Sales

    Camille Canales
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10726474

Midwest Real Estate Data (MRED)

APN: 13-14-209-016-0000

Illinois Cook County Chicago 60625 Albany Park

4601 N Drake Ave, Chicago, IL

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