NOT LISTED FOR SALE

640 E 50th St Unit 2W Chicago, IL 60615

Grand Boulevard Neighborhood

Estimated Value: $259,804 - $296,000

3 Beds
2 Baths
1,400 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $221,450 $158 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,878/month

About This Home

Gorgeous Condo in great area in close walking distance to Washington Park. Unit was nicely rehabbed about 6 years ago and preserved as if it was just finished yesterday. It features a contemporary floor plan with rich color scheme throughout, nice hardwood floors, sharp living room, modern kitchen with granite counter and island, cherrywood cabinets and stainless-steel appliances. Nice tile work in both full baths. Sharp master suite with jacuzzi tub. Hidden In-Unit Laundry. Large rear balcony. Building is FHA approved. Seller is motivated!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Oct 10, 2018
Sold by
Mckay Megan J
Bought by
Pestano Angela J
Seller's Agent
James Morris
JMRI Corp
Buyer's Agent
Vadie Reese
Serene Realty, Inc.
List Price
$230,000
Sold Price
$221,450
Premium/Discount to List
-$8,550
-3.72%
Current Estimated Value
$275,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,751
Avg. Annual Appreciation
2.98%
Original Mortgage
$217,438
Outstanding Balance
$189,963
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$85,238

Purchase Details

Listed on
Jun 25, 2013
Closed on
Aug 6, 2013
Sold by
Olive Financial Llc
Bought by
Mckay Megan J
Seller's Agent
Natalie Washington
Lakeshore Realty and Development Inc.
Buyer's Agent
Dominic Norman
All House Realty LLC
List Price
$134,900
Sold Price
$134,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$132,456
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2012
Sold by
640 East 50Th Street Corporation
Bought by
Olive Financial Llc
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
Pestano Angela J $221,500 Greater Illinois Title
Pestano Angela J $221,500 Greater Illinois Title
Mckay Megan J $135,000 North American Title Co
Mckay Megan J $135,000 North American Title Co
Olive Financial Llc $227,000 North American Title Co
Olive Financial Llc $227,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pestano Angela J $217,438
Previous Owner Mckay Megan J $132,456
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2018 10/11/18 Sold $221,450 +3.0% $158 / Sq Ft View Prior Sale
08/30/2018 08/30/18 Pending -- -- --
08/07/2018 08/07/18 Price Changed $215,000 -2.3% $154 / Sq Ft
07/17/2018 07/17/18 Price Changed $220,000 -4.3% $157 / Sq Ft
06/18/2018 06/18/18 For Sale $230,000 +70.5% $164 / Sq Ft
08/19/2013 08/19/13 Sold $134,900 0.0% $96 / Sq Ft View Prior Sale
07/18/2013 07/18/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $134,900 -- $96 / Sq Ft

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 $3,531 $20,800 $2,897 $17,903
2024 $3,531 $20,800 $2,897 $17,903
2023 $3,420 $20,000 $2,897 $17,103
2022 $3,420 $20,000 $2,897 $17,103
2021 $3,362 $19,998 $2,896 $17,102
2020 $2,294 $13,400 $1,407 $11,993
2019 $2,280 $14,776 $1,407 $13,369
2018 $2,240 $14,776 $1,407 $13,369
2017 $1,977 $12,559 $1,158 $11,401
2016 $2,015 $12,559 $1,158 $11,401
2015 $1,821 $12,559 $1,158 $11,401
2014 $1,613 $8,693 $993 $7,700
2013 $1,581 $8,693 $993 $7,700
Source: Public Records

Agents Affiliated with this Home

  • James Morris

    Seller's Agent in 2018

    James Morris

    JMRI Corp

    (312) 330-6911

    1 in this area

    71 Total Sales

    James Morris
    Section Image
  • Vadie Reese

    Buyer's Agent in 2018

    Vadie Reese

    Serene Realty, Inc.

    (312) 560-0208

    7 in this area

    151 Total Sales

    Vadie Reese
    Section Image

  • N

    Seller's Agent in 2013

    Natalie Washington

    Lakeshore Realty and Development Inc.

  • Dominic Norman

    Buyer's Agent in 2013

    Dominic Norman

    All House Realty LLC

    (773) 398-4539

    22 Total Sales

    Dominic Norman
    Section Image
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Map

Illinois Cook County Chicago 60615 Grand Boulevard

640 E 50th St Unit 2W, Chicago, IL

Not Listed for Sale

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