Seller's Agent in 2021
Karen Breen Elia
RE/MAX
(773) 230-4294
2 in this area
24 Total Sales
5047 N Drake Ave Chicago, IL 60625
North Park NeighborhoodEstimated Value: $419,000 - $796,000
3
Beds
2.5
Baths
2,796
Sq Ft
$239/Sq Ft
Est. Value
Highlights
- Deck
- Georgian Architecture
- Home Office
- Property is near a park
- Wood Flooring
- Home Gym
About This Home
As of August 2021North Mayfair/North Park Georgian Beauty! Enter this brick and stone rehabbed jumbo Georgian in move in condition! This light filled home is a joy to see. Spacious living room with coved ceilings, recessed lighting, hardwood floors and rebuilt (2019) wood burning fireplace with gas starter/gas logs and side built-ins. The formal dining room has an exquisite stained glass window. In 2018 the kitchen was redone with quartz counter tops, stainless steel appliances, subway tile backsplash and a stained glass transom. Bonus room off the kitchen for an office or den or breakfast room overlooking the landscaped perennial yard. Main floor laundry room with extra built-in storage. The second floor has a beautiful full bath with marble countertop double sink vanity and tub shower combo with rain shower and body sprays. Three large bedrooms plus a tandem for playroom, office or sitting room overlooking the rear yard. The primary bedroom is generously sized with double closets. The lower level has a fourth bedroom, full bath, exercise/yoga studio and utility storage room. An extra wide lot features a large rear deck, lovely yard and brick 2 car garage with new garage door opener. New concrete steps and walks in 2020. 200 amp electric 2017. Tear off roof on house & garage 2013. New windows throughout 2006 and exterior capped 2021. Basement is plumbed for wet bar. Powder room 2018. Tuckpointing 2020. Short walk to Kimball brown line el stop, library, park and many restaurants and shopping. MULTIPLE OFFERS RECEIVED. SELLERS ARE REQUESTING BEST AND FINAL OFFERS BY NOON ON JULY 6, 2021. PLEASE SEE BROKER REMARKS FOR INSTRUCTIONS OR CALL LISTING AGENT.
Last Agent to Sell the Property
RE/MAX 10 Lincoln Park License #475096783 Listed on: 07/01/2021
Last Buyer's Agent
@properties Christie's International Real Estate License #475142136
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,621
Year Built
- Built in 1941 | Remodeled in 2018
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 35x125
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Georgian Architecture
- Brick or Stone Mason
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,796 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Gas Log Fireplace
- Double Pane Windows
- Drapes & Rods
- Blinds
- Stained Glass
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Home Gym
- Tandem Room
- Wood Flooring
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Potential Bedrooms
- Shower Body Spray
Laundry
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Home Security
- Home Security System
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Deck
- Patio
Location
- Property is near a park
Schools
- Volta Elementary School
- Roosevelt High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2021
Closed on
Aug 30, 2021
Sold by
Shepin Constantin and Cummings Shepin Janel
Bought by
Dieterle Robert and Farris Kendall
Seller's Agent
Karen Breen Elia
RE/MAX 10 Lincoln Park
Buyer's Agent
Alison Pepera
@properties Christie's International Real Estate
List Price
$575,000
Sold Price
$627,000
Premium/Discount to List
$52,000
9.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,555
Avg. Annual Appreciation
1.37%
Original Mortgage
$501,600
Outstanding Balance
$460,252
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$202,093
Purchase Details
Closed on
Aug 4, 2006
Sold by
Reichel Paul G
Bought by
Shepin Constantin and Cummings Shepin Janel R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
8.8%
Mortgage Type
Balloon
Purchase Details
Closed on
Jun 16, 1998
Sold by
Tracy Kathleen
Bought by
Reichel Paul G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dieterle Robert | $627,000 | Chicago Title | |
| Shepin Constantin | $489,000 | Multiple | |
| Reichel Paul G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dieterle Robert | $501,600 | |
| Previous Owner | Shepin Constantin | $436,800 | |
| Previous Owner | Shepin Constantin | $54,600 | |
| Previous Owner | Shepin Constantin | $391,200 | |
| Previous Owner | Shepin Constantin | $97,800 | |
| Previous Owner | Reichel Paul G | $112,401 | |
| Previous Owner | Reichel Paul G | $121,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2021 08/30/21 | Sold | $627,000 | +9.0% | $224 / Sq Ft |
| 07/06/2021 07/06/21 | Pending | -- | -- | -- |
| 07/01/2021 07/01/21 | For Sale | $575,000 | -- | $206 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,740 | $53,001 | $15,313 | $37,688 |
| 2023 | $9,495 | $46,000 | $12,250 | $33,750 |
| 2022 | $9,495 | $46,000 | $12,250 | $33,750 |
| 2021 | $8,609 | $46,000 | $12,250 | $33,750 |
| 2020 | $7,621 | $37,196 | $6,343 | $30,853 |
| 2019 | $7,640 | $41,329 | $6,343 | $34,986 |
| 2018 | $7,510 | $41,329 | $6,343 | $34,986 |
| 2017 | $6,538 | $33,646 | $5,687 | $27,959 |
| 2016 | $6,260 | $33,646 | $5,687 | $27,959 |
| 2015 | $5,705 | $33,646 | $5,687 | $27,959 |
| 2014 | $5,734 | $33,358 | $5,250 | $28,108 |
| 2013 | $5,609 | $33,358 | $5,250 | $28,108 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Breen Elia
-
Alison Pepera
Buyer's Agent in 2021
Alison Pepera
@ Properties
(773) 454-4137
2 in this area
35 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11141629
APN: 13-11-401-026-0000
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