$535,000
SOLD JAN 10, 2025
3 Beds
3 Baths
2,084 Sq Ft
1,917 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

7% Below List Price

45 Days on Market

Highlights

  • Property is near a park
  • Recreation Room
  • Wood Flooring
  • Kenwood Academy High School Rated A-
  • Vaulted Ceiling
  • 4-minute walk to Nichols Park

About This Home

As of January 2025

Built in 1890, this charming 3 bedroom, 3 bath home in Ray Elementary school district is everything you need and within walking distance to University of Chicago, neighborhood shopping and public transportation. After relaxing on the front porch swing, you'll be welcomed into a sun filled large living room with hardwood floors, gorgeous woodwork and built in shelves. Walk through a cozy sitting room (can also be used as dining room) to kitchen with eat in area and pantry. Enjoy evenings on the very private back patio. Three bedrooms upstairs including large owners suite with huge walk in closet and master bath in addition to 3rd full bathroom for the convenience of occupants. Large rec room and laundry room in the basement give the space you need. Dual zone heating and cooling systems allows for efficient and flexible temperature control. Schedule your appointment today!

Last Agent to Sell the Property

Michelle Kurtz

eXp Realty License #471021735 Listed on: 10/02/2024

eXp Realty

Last Buyer's Agent

Danny Rosenberg

VELOCITY GROUP REAL ESTATE LLC License #475204780

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,250

Year Built

  • Built in 1890

Lot Details

  • 1,917 Sq Ft Lot
  • Lot Dimensions are 25x78
  • Paved or Partially Paved Lot

Home Design

  • Frame Construction

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Location

  • Property is near a park

Schools

  • Ray Elementary School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,250

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 2084
  • Other Equipment: Water Heater-Gas, Ceiling Fan(s)
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 2084
  • Basement Description: Partially Finished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 2393
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ray Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.044
  • Lot Dimensions: 25X78
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9250
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Jan 9, 2025
Sold by
Degnan Kathleen and Krug John D
Bought by
Velasquez Scott and Mcdonald Elizabeth
Seller's Agent
Michelle Kurtz
eXp Realty
Buyer's Agent
Danny Rosenberg
VELOCITY GROUP REAL ESTATE LLC
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%
Views
75
Current Estimated Value
$516,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,939
Avg. Annual Appreciation
-3.84%
Original Mortgage
$428,000
Outstanding Balance
$424,923
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$91,138

Purchase Details

Closed on
Feb 28, 2005
Sold by
Degnan Philip J and Degnan Helen Sue
Bought by
Krug John D and Degnan Kathleen

Purchase Details

Closed on
Aug 24, 1998
Sold by
Krug Leonard A and Krug Kathryn M
Bought by
Degnan Philip J and Degnan Helen Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $535,000 Old Republic Title
Warranty Deed $535,000 Old Republic Title
Interfamily Deed Transfer $123,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,000 New Conventional
Closed $428,000 New Conventional
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $535,000 -2.7% $257 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $550,000 -4.3% $264 / Sq Ft
10/02/2024 10/02/24 For Sale $575,000 -- $276 / 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 $9,250 $44,000 $11,780 $32,220
2023 $8,964 $47,000 $9,500 $37,500
2022 $8,964 $47,000 $9,500 $37,500
2021 $8,782 $47,000 $9,500 $37,500
2020 $8,397 $40,795 $7,600 $33,195
2019 $8,220 $44,343 $7,600 $36,743
2018 $8,081 $44,343 $7,600 $36,743
2017 $5,114 $27,130 $6,270 $20,860
2016 $4,934 $27,130 $6,270 $20,860
2015 $4,263 $25,885 $6,270 $19,615
2014 $4,000 $24,128 $5,130 $18,998
2013 $4,388 $24,128 $5,130 $18,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12178670

Midwest Real Estate Data (MRED)

APN: 20-11-423-043-0000