NOT LISTED FOR SALE

4950 W Newport Ave Unit 2E Chicago, IL 60641

Portage Park Neighborhood

Estimated Value: $138,000 - $190,975

2 Beds
1 Bath
812 Sq Ft
$211/mo HOA Fee

Last Sold January 28, 2020

Last sale price $96,000 $118 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,302/month

28 Days on Market

About This Home

As of January 2020

Great opportunity on this condo unit. It offers approximately 812 square feet of living space with 2 bedrooms and 1 bathroom. Open floor plan. Unit require enhancements and upgrades but worth taking a look at.

Last Agent to Sell the Property

Val Laborevitch

Realhome Services & Solutions, Inc. License #471019467 Listed on: 11/18/2019

Last Buyer's Agent

Shelly Gubser

Compass License #475181364

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,533

Year Built

  • 1922

Lot Details

  • 4,269

HOA Fees

  • $211 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air
  • Heating System Uses Gas

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,533

Year Built

1922

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1922
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1922

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 14X15, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X15, On Level: Main Level
  • Bedroom 2: Dimensions: 13X15, On Level: Main Level
  • Estimated Sq Ft: 812

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Special Assessments: U
  • Assessment Association Fees: 211
  • Management Contact Name: Agent
  • Management Phone: 773-807-0967

Fee Information

  • Management Company: Newport Arms Condo Association

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 13214050070000

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 1887.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jan 13, 2020
Sold by
Hsbc Bank Usa
Bought by
Ise Property Management Services Llc
Seller's Agent
Val Laborevitch
Realhome Services & Solutions, Inc.
Buyer's Agent
Shelly Gubser
Compass
List Price
$111,300
Sold Price
$96,000
Premium/Discount to List
-$15,300
-13.75%
Current Estimated Value
$167,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,994
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Mar 28, 2019
Sold by
Delgado Jeffrey E and Delgado Jeffery E
Bought by
Hsbc Bank Usa National Association and Deutsche Alt A Securities Inc Mtg Loan

Purchase Details

Closed on
Oct 3, 2006
Sold by
4950 Newport Llc
Bought by
Delgado Jeffrey E and Mcdaniel Candace L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2006
Sold by
Ruse Eugen
Bought by
4950 Newport Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Ise Property Management Services Llc $96,000 Attorney
Hsbc Bank Usa National Association -- Attorney
Delgado Jeffrey E $155,000 Multiple
4950 Newport Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgado Jeffrey E $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2020 01/28/20 Sold $96,000 -13.7% $118 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/16/2019 12/16/19 Price Changed $111,300 0.0% $137 / Sq Ft
11/18/2019 11/18/19 For Sale $111,300 -- $137 / 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 $2,533 $11,914 $2,424 $9,490
2023 $2,470 $12,000 $1,955 $10,045
2022 $2,470 $12,000 $1,955 $10,045
2021 $2,415 $12,000 $1,955 $10,045
2020 $2,735 $12,269 $1,133 $11,136
2019 $2,773 $13,792 $1,133 $12,659
2018 $2,726 $13,792 $1,133 $12,659
2017 $1,887 $8,762 $1,016 $7,746
2016 $1,756 $8,762 $1,016 $7,746
2015 $1,607 $8,762 $1,016 $7,746
2014 $2,092 $11,269 $586 $10,683
2013 $2,051 $11,269 $586 $10,683
Source: Public Records

Agents Affiliated with this Home

  • Val Laborevitch

    Seller's Agent in 2020

    Val Laborevitch

    Realhome Services & Solutions, Inc.

    (847) 830-1129

    5 in this area

    671 Total Sales

    Val Laborevitch
    Section Image
  • Shelly Gubser

    Buyer's Agent in 2020

    Shelly Gubser

    Compass

    (312) 618-4146

    87 Total Sales

    Shelly Gubser
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10575961

Midwest Real Estate Data (MRED)

APN: 13-21-405-077-1002

Illinois Cook County Chicago 60641 Portage Park

4950 W Newport Ave Unit 2E, Chicago, IL

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