NOT LISTED FOR SALE

551 E 50th St Chicago, IL 60615

Grand Boulevard Neighborhood

Estimated Value: $694,000 - $918,000

4 Beds
4 Baths
3,600 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2019

Last sale price $585,000 $162 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,304 / mo

182 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Lower Floor Utility Room
  • Recreation Room
  • Mud Room
  • 5-minute walk to Houston Neighborhood Park

About This Home

As of April 2019

Over-sized lot and 3600sf home! Loads of new construction in the IMMEDIATE blocks. Modern lines and Mindful living at their best. Masterfully delivered FOUR LEVELS of contemporary design; soaring ceilings juxtaposed with intimate spaces. Spaces that live from the inside to out and the outside in; floating stairs with warm wood, porcelain floors and a timeless kitchen with gorgeous quartz counters that almost disappears yet whispers elegance & functionality. A prized four bedrooms on the second level; the luxurious master suite is your very own private escape with enormous walk-in closet & spa-like master bath featuring dual vanity, air tub, & separate shower. Spacious lower level features family room & wet bar, perfect for entertaining! Bordering Hyde Park; near lake/beach/park, Marianos, Gallery Guichard, & many fabulous restaurants. Transportation options: CTA trains, MLK & Cottage Grove buses, LSD & 90/94. Quick ride South Loop shopping & entertainment! So, what are you waiting for!

Last Agent to Sell the Property

Michelle Browne

@properties Christie's International Real Estate License #475095287 Listed on: 09/05/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Eva Loseth

@properties Christie's International Real Estate License #475144910

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 2018

Lot Details

  • Southern Exposure
  • East or West Exposure

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Skylights
  • Electric Fireplace
  • Mud Room
  • Entrance Foyer
  • Dining Area
  • Recreation Room
  • Loft
  • Lower Floor Utility Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • Patio

Home Details

Home Type

Single Family

Year Built

2018

Lot Details

3,920 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: NEW Ready for Occupancy
  • New Construction: Y
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Contemporary
  • Type Detached: 3 Stories
  • Estimated Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 13X14, On Level: 2nd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Compactor-Trash, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator, Range Hood
  • Fireplace Details: Electric
  • Fireplace Location: Living Room
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 7X6, On Level: 3rd Level, Flooring: Porcelain Tile
  • Dining Room: Dimensions: 13X15, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X15, On Level: Main Level, Flooring: Porcelain Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: Eating Area, Loft, Recreation Room, Foyer, Mud Room, Utility Room-Lower Level, Storage, Walk In Closet
  • Master Bedroom: Dimensions: 16X15, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 10X10, On Level: Main Level, Flooring: Porcelain Tile
  • Additional Room 2 Name: Loft, Dimensions: 15X13, On Level: 3rd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X11, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 17X22, On Level: Lower, Flooring: Other
  • Bedroom 3: Dimensions: 11X11, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 4 Name: Foyer, Dimensions: 12X7, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X11, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 5 Name: Mud, Dimensions: 6X5, On Level: Main Level, Flooring: Porcelain Tile
  • Additional Room 6 Name: Utility Room-Lower Level, Dimensions: 9X10, On Level: Lower
  • Additional Room 7 Name: Storage, Dimensions: 8X8, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 8 Name: Walk in Closet, Dimensions: 16X7, On Level: 3rd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3600
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X17, On Level: Main Level, Flooring: Porcelain Tile

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Patio
  • Exposure: N (North), S (South), E (East), W (West)
  • Acreage: 0.0971

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 31X135
  • Parcel Identification Number: 20102240060000

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Mar 30, 2019
Sold by
312Moxie Builders Llc
Bought by
Pardee Bevis and Willard Robin
Seller's Agent
Michelle Browne
@properties Christie's International Real Estate
Buyer's Agent
Eva Loseth
@properties Christie's International Real Estate
List Price
$620,000
Sold Price
$585,000
Premium/Discount to List
-$35,000
-5.65%
Current Estimated Value
$835,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,947
Avg. Annual Appreciation
5.24%
Original Mortgage
$468,000
Outstanding Balance
$408,071
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$427,876

Purchase Details

Closed on
Oct 10, 2015
Sold by
Stanley Holdings Llc
Bought by
312Moxie Builders Llc

Purchase Details

Closed on
Aug 13, 2013
Sold by
Haven Development Inc
Bought by
Stanley Holdings Llc

Purchase Details

Closed on
Oct 2, 2006
Sold by
Provident Foundation
Bought by
Haven Development Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pardee Bevis $585,000 Greater Illinois Title
312Moxie Builders Llc $145,000 Attorney
Stanley Holdings Llc $40,000 None Available
Haven Development Inc $220,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pardee Bevis $468,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $585,000 0.0% $163 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
01/16/2019 01/16/19 Price Changed $585,000 -2.0% $163 / Sq Ft
10/19/2018 10/19/18 Price Changed $597,000 -3.7% $166 / Sq Ft
09/05/2018 09/05/18 For Sale $620,000 -- $172 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $10,094 $75,000 $14,756 $60,244
2024 $10,094 $75,000 $14,756 $60,244
2023 $9,817 $51,000 $14,756 $36,244
2022 $9,817 $51,000 $14,756 $36,244
2021 $9,615 $51,000 $14,756 $36,244
2020 $13,193 $59,222 $7,167 $52,055
2019 $10,158 $50,557 $7,167 $43,390
2018 $9,987 $50,557 $7,167 $43,390
2017 $1,271 $5,902 $5,902 $0
2016 $1,182 $5,902 $5,902 $0
2015 $1,081 $5,902 $5,902 $0
2014 $274 $1,475 $1,475 $0
2013 $268 $1,475 $1,475 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Browne

    Seller's Agent in 2019

    Michelle Browne

    @ Properties

    (312) 217-6808

    30 in this area

    193 Total Sales

    Michelle Browne
    Section Image
  • Eva Loseth

    Buyer's Agent in 2019

    Eva Loseth

    @ Properties

    (312) 768-3952

    2 in this area

    36 Total Sales

    Eva Loseth
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10073290

Midwest Real Estate Data (MRED)

APN: 20-10-224-006-0000

Illinois Cook County Chicago 60615 Grand Boulevard

551 E 50th St, Chicago, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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