Seller's Agent in 2024
Phil Barone
Compass
(312) 952-7962
4 in this area
93 Total Sales
5051 W Balmoral Ave Chicago, IL 60630
Jefferson Park NeighborhoodEstimated Value: $734,000 - $752,759
5
Beds
2.5
Baths
3,450
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- 3-minute walk to Forest Glen Station
- Tudor Architecture
- Beaubien Elementary School Rated A-
- Wood Flooring
- 2-minute walk to Forest Glen Park
About This Home
As of March 2024A Timeless Classic in sought-after Forest Glen. Fabulous 1931 English Tudor was built in an era when quality was paramount! This distinguished all-brick, slate roof home sits upon a 7,500 sq. ft. corner lot. Lovingly restored and updated; this expansive 5 bedroom, 2.5 bath home boasts over 3,450 sq. ft. of charm! The first level features a stately traditional stone and brick wood-burning fireplace, custom millwork, hardwood flooring, a charming family room, a formal dining room, an updated full bath, and crown molding. 1st-floor master bedroom, 2nd first-level bedroom which can easily be converted to a convenient home office. Eat-in kitchen with 42-inch custom cabinetry, ample counter space, and easy walk-out to sun-drenched screened-in porch! 2nd level allows for an additional family room loft along with 3 additional bedrooms all with custom storage space and plenty of closets. An extra storage feature of 2 custom cedar closets and custom-built wainscotting in the upstairs bath. The lower level basement offers its 6th bedroom and full bath. Enjoy the home's 2nd fireplace, custom-designed family room/game room, and wet bar! Tons of storage, a large work/tool room, a laundry room, and a convenient walk-out door to the backyard. Enormous backyard, professionally landscaped filled with perennial gardens, mature trees, custom Koi pond, and vegetable gardening area, Underground sprinklers/irrigation system. 2 car garage. All mechanics have been meticulously maintained. Dual-zoned HVAC systems, New central air, New roofing, New Water Heater, updated plumbing, and electrical. Enjoy all that Forest Glen has to offer: Walking distance to forest preserves, hiking, and bike trails! Walk to Metra, easy access to the Kennedy and Edens, Jefferson Park station, restaurants, and shopping. Award-winning schools and beautiful parks!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,452
Year Built
- Built in 1931
Lot Details
- Lot Dimensions are 50 x 150
- Corner Lot
- Sprinkler System
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Tudor Architecture
- Brick Exterior Construction
- Slate Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,450 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Wood Burning Fireplace
- Gas Log Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Sitting Room
- Formal Dining Room
- Screened Porch
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Potential Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Finished Basement Bathroom
Schools
- Beaubien Elementary School
- Taft High School
Utilities
- Central Air
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2024
Closed on
Mar 5, 2024
Sold by
Daniel And Therese Allen Joint Revocable
Bought by
Christian Kaitlin and Kulka John
Seller's Agent
Phil Barone
Compass
Buyer's Agent
Mario Greco
Compass
List Price
$679,000
Sold Price
$679,000
Views
52
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
$64,440
Avg. Annual Appreciation
6.45%
Original Mortgage
$604,000
Outstanding Balance
$594,900
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$149,921
Purchase Details
Closed on
Jul 3, 2019
Sold by
Allen Daniel L and Allen Therese M
Bought by
Allen Daniel L and Allen Therese M
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 |
|---|---|---|---|
| Christian Kaitlin | $679,000 | Fidelity National Title | |
| Allen Daniel L | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Christian Kaitlin | $604,000 | |
| Previous Owner | Allen Daniel L | $100,000 | |
| Previous Owner | Allen Daniel L | $77,358 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2024 03/11/24 | Sold | $679,000 | 0.0% | $197 / Sq Ft |
| 01/14/2024 01/14/24 | Pending | -- | -- | -- |
| 01/04/2024 01/04/24 | For Sale | $679,000 | -- | $197 / 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 | $8,873 | $56,000 | $23,250 | $32,750 |
| 2023 | $8,611 | $48,000 | $18,750 | $29,250 |
| 2022 | $8,611 | $48,000 | $18,750 | $29,250 |
| 2021 | $8,452 | $48,000 | $18,750 | $29,250 |
| 2020 | $8,850 | $45,287 | $10,125 | $35,162 |
| 2019 | $8,875 | $50,319 | $10,125 | $40,194 |
| 2018 | $8,723 | $50,319 | $10,125 | $40,194 |
| 2017 | $7,817 | $42,369 | $9,000 | $33,369 |
| 2016 | $7,990 | $42,369 | $9,000 | $33,369 |
| 2015 | $7,288 | $42,369 | $9,000 | $33,369 |
| 2014 | $6,869 | $39,563 | $7,500 | $32,063 |
| 2013 | $6,722 | $39,563 | $7,500 | $32,063 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Barone
-
Maureen Barone
Seller Co-Listing Agent in 2024
Maureen Barone
Compass
(312) 952-7967
3 in this area
48 Total Sales
-
Mario Greco
Buyer's Agent in 2024
Mario Greco
Compass
(773) 255-6562
14 in this area
1,081 Total Sales
-
Alice Jordan
Buyer Co-Listing Agent in 2024
Alice Jordan
Compass
(312) 925-0216
1 in this area
99 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11956045
APN: 13-09-212-007-0000
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