NOT LISTED FOR SALE

Estimated Value: $1,140,000 - $1,559,000

4 Beds
2.5 Baths
3,575 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $900,000 $252 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,566/month

Highlights

  • 1 Fireplace
  • Enclosed Patio or Porch
  • Family Room
  • Breakfast Room
  • Entrance Foyer
  • 5-minute walk to Bromann Park

About This Home

As of June 2021

Classic Lakewood Balmoral home with lots of great vintage detail and has been expanded with large family room/kitchen open to screened porch. Home is filled with natural light, nice size rooms, lower level has been remodeled with family room, bedroom and bath. Sold before print.

Last Agent to Sell the Property

Kathy Murphy

Baird & Warner License #475124871 Listed on: 02/15/2021

Baird & Warner

Last Buyer's Agent

Kyle Jamicich

Compass License #475117764

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,706

Year Built

  • Built in 1908

Lot Details

  • 4,617 Sq Ft Lot
  • Lot Dimensions are 37x124

Home Design

  • Aluminum Siding

Interior Spaces

  • 3,575 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Breakfast Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Partial Air Conditioning Available
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Lakewood Balmoral Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,706

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Subdivision Name: Lakewood Balmoral
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 3575
  • Room Type: Bedroom 5, Breakfast Room, Family Room, Foyer, Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2368
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: East
  • List Price: 950000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Partial
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.106
  • Lot Dimensions: 37X124
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 15705.55
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Jun 1, 2021
Sold by
Callahan Michael R and Callahan Joan C
Bought by
Ranum Joseph and Ranum Laura
Seller's Agent
Kathy Murphy
Baird & Warner
Buyer's Agent
Kyle Jamicich
Compass
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Current Estimated Value
$1,285,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,193
Avg. Annual Appreciation
8.19%
Original Mortgage
$720,000
Outstanding Balance
$659,847
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$596,897
Source: Public Records

Range of Values:

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Average Value
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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
Ranum Joseph $900,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranum Joseph $345,404
Closed Ranum Joseph $90,000
Open Ranum Joseph $720,000
Previous Owner Callahan Michael R $760,000
Previous Owner Callahan Michael R $159,000
Previous Owner Callahan Michael R $322,000
Previous Owner Callahan Michael R $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $900,000 -5.3% $252 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $950,000 -- $266 / 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 $18,929 $108,000 $45,889 $62,111
2023 $18,453 $89,714 $36,896 $52,818
2022 $18,453 $89,714 $36,896 $52,818
2021 $16,835 $89,714 $36,896 $52,818
2020 $15,854 $76,753 $22,137 $54,616
2019 $15,706 $84,344 $22,137 $62,207
2018 $16,249 $88,443 $22,137 $66,306
2017 $14,278 $72,403 $19,370 $53,033
2016 $14,001 $72,403 $19,370 $53,033
2015 $12,787 $72,403 $19,370 $53,033
2014 $11,514 $64,626 $14,758 $49,868
2013 $11,276 $64,626 $14,758 $49,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10995825

Midwest Real Estate Data (MRED)

APN: 14-08-127-026-0000