$317,500
SOLD SEP 27, 2023
3 Beds
2 Baths
1,372 Sq Ft
3,703 Sq Ft Lot

Recently Sold

$231 Per Sq Ft

9% Below List Price

43 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • Formal Dining Room
  • Deck
  • Full Attic
  • 4-minute walk to Green Briar Park

About This Home

As of September 2024

ARCADIA TERRACE! Classic Brick Octagon 3BR/2BA Bungalow offers tons of room, and Incredible Opportunities for Updating and Expansion! Eat-In Kitchen with Contemporary Cabinets, Separate Breakfast Room. Three Large Bedrooms - Ample Closets! Big Living Room with Vintage Decorative Fireplace, Loads of Light from Front Bay - Eastern Exposure! Formal Dining Room. Maple Floors, Vintage Trim Throughout! Adjoining Deck and Two Car Garage. Expandable Attic - you can nearly double space by constructing dormers upstairs! Full Basement with Large Media Space, Separate Bar, and Loads of Storage. Clean Hot Water Heat, plus Central AC. Two Car Garage. This Remarkable Gem of a Neighborhood is steps to Lincoln Avenue Shops, Parks, River Trail and Bike Path, and Highly-Rated Mather High School and Jamieson Elementary. CTA nearby, and a Short Drive to Kennedy and Edens Expressways. House Needs Considerable Update and Repair Throughout - Your creativity can make this your Dream Home, in a Top Chicago Neighborhood! Come See!

Last Agent to Sell the Property

Dean Moss

Keller Williams Rlty Partners License #471002683 Listed on: 07/29/2023

Keller Williams Rlty Partners

Last Buyer's Agent

Kamran Khan

Real People Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,978

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 30 x 124
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,372 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Full Attic
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Gas Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck

Schools

  • Jamieson Elementary School
  • Mather High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Arcadia Terrace Subdivision, 3Br/2Ba Brick Octagon Bungalow Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,978

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Arcadia Terrace
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1372
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Full
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 334900
  • Lot Features: Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt,Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air, Window/Wall Unit - 1
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Steam, Radiator(s)
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Jamieson Elementary School
  • High School: Mather High School
  • Middle/Junior School: Jamieson Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 124
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7977.8
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Sep 22, 2024
Sold by
Pira Zubair
Bought by
Bailey Lauren A and Burney Noah
Seller's Agent
Kamran Khan
Real People Realty Inc
Buyer's Agent
Adam Zenullahi
Redfin Corporation
List Price
$759,000
Sold Price
$720,000
Premium/Discount to List
-$39,000
-5.14%
Total Days on Market
43
Views
30
Current Estimated Value
$690,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,747
Avg. Annual Appreciation
-5.02%
Original Mortgage
$450,000
Outstanding Balance
$447,278
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$242,975

Purchase Details

Listed on
Jul 29, 2023
Closed on
Sep 18, 2023
Sold by
Borgwardt Michael and Borgwardt Mika
Bought by
Pira Zubair
Seller's Agent
Dean Moss
Keller Williams Rlty Partners
Buyer's Agent
Kamran Khan
Real People Realty Inc
List Price
$349,700
Sold Price
$317,500
Premium/Discount to List
-$32,200
-9.21%
Views
545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.65%

Purchase Details

Closed on
Jul 1, 2005
Sold by
Carufel Lewis and Carufel Patricia Bernet
Bought by
Borgwardt Michael and Borgwardt Mika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 25, 2001
Sold by
Holzman Daniel and Simons Robin
Bought by
Carufel Lewis and Carufel Bernet Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,125
Interest Rate
7.15%

Purchase Details

Closed on
Apr 30, 1999
Sold by
Leahy Rosemary and Schaefer Marguerite
Bought by
Holzman Daniel B and Simons Robin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,350
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 1996
Sold by
Schaefer Kurt R and Schaefer Marguerite
Bought by
Schaefer Marguerite
Source: Public Records

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Range of Values:

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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 $720,000 First American Title
Warranty Deed $317,500 None Listed On Document
Warranty Deed $382,000 --
Warranty Deed $207,500 --
Warranty Deed $200,000 Professional National Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $276,212 New Conventional
Previous Owner $305,600 Fannie Mae Freddie Mac
Previous Owner $200,000 Unknown
Previous Owner $197,125 No Value Available
Previous Owner $198,350 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $720,000 -5.1% $341 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $759,000 +139.1% $360 / Sq Ft
09/27/2023 09/27/23 Sold $317,500 -5.2% $231 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $334,900 -4.2% $244 / Sq Ft
08/28/2023 08/28/23 For Sale $349,700 0.0% $255 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/15/2023 08/15/23 Price Changed $349,700 -5.2% $255 / Sq Ft
08/07/2023 08/07/23 For Sale $369,000 0.0% $269 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $369,000 -- $269 / 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 $8,374 $48,000 $13,764 $34,236
2023 $8,141 $43,000 $11,160 $31,840
2022 $8,141 $43,000 $11,160 $31,840
2021 $7,978 $43,003 $11,163 $31,840
2020 $6,200 $30,932 $6,696 $24,236
2019 $6,294 $34,756 $6,696 $28,060
2018 $6,187 $34,756 $6,696 $28,060
2017 $6,183 $32,098 $5,952 $26,146
2016 $5,929 $32,098 $5,952 $26,146
2015 $5,401 $32,098 $5,952 $26,146
2014 $5,142 $30,281 $5,580 $24,701
2013 $5,029 $30,281 $5,580 $24,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11845533

Midwest Real Estate Data (MRED)

APN: 13-01-410-021-0000