NOT LISTED FOR SALE

514 48th Ave Bellwood, IL 60104

Estimated Value: $193,000 - $288,000

2 Beds
1 Bath
792 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $180,000 $227 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,849/month

17 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Property is near a bus stop
  • Wood Flooring
  • Soaking Tub
  • Forced Air Heating and Cooling System

About This Home

As of April 2020

Beautiful single-family brick ranch in hot West Bellwood! This home features gleaming refinished hardwood floors in the living room and bedrooms. Impressive LED lights...new wiring with 1 year warranty. Kitchen has White Shaker Cabinets, Sparking Quartz Countertops, brand new appliances, new ceramic floors and those impressive LED lights. Bathroom has all new fixtures and, yes, those same impressive LED lights. New interior doors and newer windows with warranty. Unfinished basement, bring your ideas. Partial new concrete driveway and sidewalk. Newer gutters. 2 car garage. Close to schools, park, transportation and shopping. Minor updates still in progress...pardon the dust. Use preferred lender and receive closing credit. Owner is a Licensed Illinois Real Estate Broker.

Last Agent to Sell the Property

Gloria Wooden

First United Realtors, Inc. License #475162870 Listed on: 02/13/2020

Last Buyer's Agent

Aziz Shabazz

eXp Realty License #471020192

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,178

Year Built | Renovated

  • 1951 | 2019

Lot Details

  • 5,314

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Utilities

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

Additional Features

  • Wood Flooring
  • Soaking Tub
  • Basement Fills Entire Space Under The House
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,178

Year Built | Renovated

1951 | 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1951
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 4
  • Living Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 8X9, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 10X09, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 792

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 209
  • Junior High Dist: 209

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 15084080610000

Tax Info

  • Taxes: 3671.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Apr 27, 2020
Sold by
Gloria Jean Properties Llc
Bought by
Velazquez Raul D
Seller's Agent
Gloria Wooden
First United Realtors, Inc.
Buyer's Agent
Aziz Shabazz
eXp Realty
List Price
$187,500
Sold Price
$180,000
Premium/Discount to List
-$7,500
-4%
Current Estimated Value
$250,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,234
Avg. Annual Appreciation
4.33%
Original Mortgage
$176,739
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 20, 2019
Closed on
Jul 2, 2019
Sold by
Bmo Ilarris Bank Na
Bought by
Gloria Jean Properties Llc
Seller's Agent
Pamela Rusin
America's Best Realty, Inc.
Buyer's Agent
Michael Kaput
First United Realtors, Inc.
List Price
$89,900
Sold Price
$94,000
Premium/Discount to List
$4,100
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.26%
Original Mortgage
$125,950
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2019
Sold by
Cobbins Sylvia J
Bought by
Bmo Harris Bank N A

Purchase Details

Closed on
Aug 15, 1994
Sold by
Cobbins Booker T
Bought by
Cobbins Sylvia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.8%
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
Velazquez Raul D $180,000 None Available
Gloria Jean Properties Llc $94,000 None Available
Bmo Harris Bank N A -- None Available
Cobbins Sylvia J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Raul D $176,210
Closed Velazquez Raul D $176,739
Previous Owner Gloria Jean Properties Llc $125,950
Previous Owner Cobbins Sylvia J $110,000
Previous Owner Cobbins Sylvia J $72,330
Previous Owner Cobbins Sylivia J $27,415
Previous Owner Cobbins Sylvia J $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $180,000 -4.0% $227 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $187,500 +99.5% $237 / Sq Ft
07/11/2019 07/11/19 Sold $94,000 +4.6% $121 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $89,900 -- $116 / 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 $6,178 $17,000 $3,704 $13,296
2023 $5,465 $17,000 $3,704 $13,296
2022 $5,465 $13,849 $2,911 $10,938
2021 $7,157 $13,848 $2,910 $10,938
2020 $7,362 $14,597 $2,910 $11,687
2019 $3,740 $10,000 $2,646 $7,354
2018 $3,671 $10,000 $2,646 $7,354
2017 $3,487 $10,000 $2,646 $7,354
2016 $3,311 $8,509 $2,381 $6,128
2015 $3,087 $8,509 $2,381 $6,128
2014 $3,092 $8,509 $2,381 $6,128
2013 $3,521 $10,171 $2,381 $7,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10636975

Midwest Real Estate Data (MRED)

APN: 15-08-408-061-0000