NOT LISTED FOR SALE

4950 S King Dr Unit 1B Chicago, IL 60615

Grand Boulevard Neighborhood

Estimated Value: $106,000 - $154,000

1 Bed
1 Bath
500 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: July 8, 2016

Last sale price $26,700 $53 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $929 / mo

27 Days on Market

About This Home

As of July 2016

This home is located at 4950 S King Dr Unit 1B, Chicago, IL 60615 since 13 January 2016 and is currently estimated at $131,393, approximately $262 per square foot. 4950 S King Dr Unit 1B is a home located in Cook County with nearby schools including Burke Elementary School, Wendell Phillips Academy High School, and Bronzeville Academy Charter School.

Last Agent to Sell the Property

Lucas Kristen

Great Lakes Realty Central Inc License #471000643 Listed on: 01/13/2016

Last Buyer's Agent

Paul Crump

Anchor Real Estate, Inc. License #471008887

Property Details

Home Type

  • Condominium

Lot Details

  • 0.25

HOA Fees

  • $164 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Lot Details

0.25 Acres

HOA Fees

$164 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 18X11, On Level: Main Level
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 7X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X9, On Level: Main Level
  • Estimated Sq Ft: 500

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets
  • Assessment Includes: Common Insurance, Exterior Maintenance
  • Special Assessments: Y
  • Assessment Association Fees: 164
  • Management Contact Name: PAUL CRUMP
  • Management Phone: 312-373-9388

Fee Information

  • Management Company: CRUMP REALTY GROUP

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 20101170221002

Multi Family

  • Total Number Unitsin Building: 24
  • Number Stories: 3

Tax Info

  • Taxes: 1039

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Bought by
Current Estimated Value
$131,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,045,000
Interest Rate
0.0642%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2016
Closed on
May 11, 2016
Sold by
Bought by
Seller's Agent
Lucas Kristen
Great Lakes Realty Central Inc
Buyer's Agent
Paul Crump
Anchor Real Estate, Inc.
List Price
$29,000
Sold Price
$26,700
Premium/Discount to List
-$2,300
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%

Purchase Details

Closed on
Sep 22, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,750
Interest Rate
0.065%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,650,000 Prairie Title
$27,000 Attorney
$105,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,045,000
Previous Owner $1,233,000
Previous Owner $82,750
Previous Owner $15,750
Previous Owner $84,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $26,700 -7.9% $53 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $29,000 -- $58 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $529 $12,572 $1,363 $11,209
2024 $529 $12,572 $1,363 $11,209
2023 $516 $2,501 $1,341 $1,160
2022 $516 $2,501 $1,341 $1,160
2021 $504 $2,499 $1,340 $1,159
2020 $597 $2,681 $662 $2,019
2019 $602 $2,995 $662 $2,333
2018 $592 $2,995 $662 $2,333
2017 $777 $3,611 $545 $3,066
2016 $339 $2,766 $545 $2,221
2015 $383 $4,712 $545 $4,167
2014 $1,038 $8,165 $467 $7,698
2013 $1,007 $8,165 $467 $7,698
Source: Public Records

Agents Affiliated with this Home

  • Lucas Kristen

    Seller's Agent in 2016

    Lucas Kristen

    Great Lakes Realty Central Inc

    (773) 905-4848

    1 in this area

    72 Total Sales

    Lucas Kristen
    Section Image
  • Paul Crump

    Buyer's Agent in 2016

    Paul Crump

    Anchor Real Estate, Inc.

    (312) 373-0260

    8 in this area

    30 Total Sales

    Paul Crump
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09117637

Midwest Real Estate Data (MRED)

APN: 20-10-117-022-1002

Illinois Cook County Chicago 60615 Grand Boulevard

4950 S King Dr Unit 1B, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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