NOT LISTED FOR SALE

6340 S Lorel Ave Chicago, IL 60638

Clearing Neighborhood

Estimated Value: $207,000 - $254,000

2 Beds
2 Baths
891 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $85,989 $97 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,409/month

17 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Living Room
  • Lower Floor Utility Room
  • 1 Car Detached Garage
  • Home Security System

About This Home

As of November 2016

Here is your opportunity to own and upgrade this two bedroom townhome in Chicago, IL. There are two full bathroom, basement and a detached garage. Restaurants, shops and schools are close by. Submit your best offer today.

Last Agent to Sell the Property

Tim Litchford

Owners.com Listed on: 10/07/2016

Last Buyer's Agent

Leo Lopez

Lopez & Company, Inc. License #471007549

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1940

Lot Details

  • Fenced Yard

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 891 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • 2 Units

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,631

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1940
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 891
  • Other Equipment: TV-Cable, Security System
  • Room Type: Utility Room-Lower Level
  • Stories Total: 2
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 2625
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1630.93
  • Tax Year: 2014

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2017
Sold by
5745 S Fairfield Llc
Bought by
Pedraza Eduardo Cruz
Current Estimated Value
$232,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,138
Outstanding Balance
$130,363
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$101,765

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 8, 2016
Sold by
Deutsche Bank National Trust Co
Bought by
5745 S Fairfield Llc
Seller's Agent
Tim Litchford
Owners.com
Buyer's Agent
Leo Lopez
Lopez & Company, Inc.
List Price
$81,900
Sold Price
$85,989
Premium/Discount to List
$4,089
4.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Mar 3, 2006
Sold by
Peterson Ronald R
Bought by
Gonzalez Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,720
Interest Rate
7.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pedraza Eduardo Cruz $158,000 Attorney
5745 S Fairfield Llc $85,989 Attorney
Gonzalez Jacqueline $175,500 Pntn
Gonzalez Jacqueline $175,500 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedraza Eduardo Cruz $155,138
Previous Owner Gonzalez Jacqueline $140,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $85,989 +5.0% $97 / Sq Ft
10/25/2016 10/25/16 Price Changed $81,900 -4.8% $92 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/07/2016 10/07/16 Off Market $85,989 -- --
10/07/2016 10/07/16 For Sale $81,900 -- $92 / 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 $2,266 $19,000 $3,675 $15,325
2023 $2,188 $14,000 $3,281 $10,719
2022 $2,188 $14,000 $3,281 $10,719
2021 $2,145 $13,999 $3,281 $10,718
2020 $1,596 $10,220 $2,625 $7,595
2019 $2,296 $11,356 $2,625 $8,731
2018 $2,258 $11,356 $2,625 $8,731
2017 $1,946 $12,356 $2,362 $9,994
2016 $1,988 $12,356 $2,362 $9,994
2015 $1,796 $12,356 $2,362 $9,994
2014 $1,631 $11,291 $2,231 $9,060
2013 $1,588 $11,291 $2,231 $9,060
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tim Litchford

    Owners.com

  • L

    Buyer's Agent in 2016

    Leo Lopez

    Lopez & Company, Inc.

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09361372

Midwest Real Estate Data (MRED)

APN: 19-21-102-063-0000

Illinois Cook County Chicago 60638 Clearing

6340 S Lorel Ave, Chicago, IL

Not Listed for Sale

Townhouses

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