NOT LISTED FOR SALE

501 W Armitage Ave Unit 501CE Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $428,000 - $542,000

-- Bed
-- Bath
16,905 Sq Ft
$28/Sq Ft Est. Value

About This Home

This home is located at 501 W Armitage Ave Unit 501CE, Chicago, IL 60614 and is currently estimated at $466,649, approximately $27 per square foot. 501 W Armitage Ave Unit 501CE is a home located in Cook County with nearby schools including Abraham Lincoln Elementary School, Lincoln Park High School, and St. James Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2019
Sold by
Jack Graeme L
Bought by
Fourman Brian Paul
Current Estimated Value
$466,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2019
Sold by
Jack Graeme
Bought by
Jack Graeme L and Trust No 8402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 8, 2011
Sold by
Lacount Bart J and Lacount Brynn
Bought by
Jack Graeme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2010
Sold by
Lacount Bart J and Lacount Brynn
Bought by
Lacount Bart J and Lacount Brynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2006
Sold by
Sherwin Christopher M
Bought by
Lacount Bart J and Not Provided

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Reinhardt Elizabeth
Bought by
Sherwin Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,950
Interest Rate
7.03%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 17, 1998
Sold by
Soderberg Mark and Soderberg Tracy
Bought by
Reinhardt Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,450
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1996
Sold by
Groch Groch Judith A Judith A and Groch Paterno Judith A
Bought by
Soderberg Mark A and Soderberg Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1993
Sold by
Zacchigna Walter
Bought by
Groch Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Fourman Brian Paul $325,000 Chicago Title
Jack Graeme L -- Attorney
Jack Graeme $279,000 Multiple
Lacount Bart J -- Lsi
Lacount Bart J $344,000 First American
Sherwin Christopher M $287,000 --
Reinhardt Elizabeth A $173,500 Chicago Title Insurance Co
Soderberg Mark A $157,500 --
Groch Judith A $88,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fourman Brian Paul $250,000
Closed Fourman Brian Paul $260,000
Previous Owner Jack Graeme L $100,000
Previous Owner Graeme Jack Graeme L $150,000
Previous Owner Jack Graeme $209,250
Previous Owner Lacount Bart J $265,500
Previous Owner Lacount Bart J $275,200
Previous Owner Lacount Bart J $51,600
Previous Owner Sherwin Christopher $246,600
Previous Owner Sherwin Christopher M $243,950
Previous Owner Reinhardt Elizabeth A $121,450
Previous Owner Soderberg Mark A $141,750
Previous Owner Groch Judith A $106,000
Source: Public Records

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 $7,680 $41,303 $7,889 $33,414
2023 $7,486 $36,400 $6,362 $30,038
2022 $7,486 $36,400 $6,362 $30,038
2021 $7,319 $36,398 $6,361 $30,037
2020 $8,015 $35,981 $5,598 $30,383
2019 $7,162 $39,079 $5,598 $33,481
2018 $7,041 $39,079 $5,598 $33,481
2017 $4,904 $26,158 $4,580 $21,578
2016 $4,739 $26,158 $4,580 $21,578
2015 $4,313 $26,158 $4,580 $21,578
2014 $4,556 $24,558 $3,435 $21,123
2013 $4,466 $24,558 $3,435 $21,123
Source: Public Records

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