NOT LISTED FOR SALE

705 N Lorel Ave Chicago, IL 60644

Austin Neighborhood

Estimated Value: $246,645 - $302,000

3 Beds
3 Baths
1,320 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2019

Last sale price $193,000 $146 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,786 / mo

10 Days on Market

About This Home

As of February 2019

Beautiful rehab in an up and coming area! Everything is new! New electrical, plumbing and HVAC. New drywall, doors and trim, front/back porch and windows. Refinished hardwood flooring throughout. Beautiful tile work in bathrooms. kitchen has tall 42" cabinets with soft close hardware and granite counter tops. Appliances are stainless steel and brand new. This property won't disappoint. Schedule your showing today!

Last Agent to Sell the Property

Alex Mihaila

Mihaila Realty LTD License #471019174 Listed on: 01/03/2019

Last Buyer's Agent

Liliana Quaglia

Executive Realty Group LLC License #475123852

Executive Realty Group LLC

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1900 | 2019

Lot Details

  • 3,920

Home Design

  • Frame Construction

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Parking Included in Price

Utilities

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

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built | Renovated

1900 | 2019

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900
  • Year Renovated: 2019

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X10, On Level: Main Level
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 9X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X15, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level
  • Estimated Sq Ft: 1320

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Frame
  • Acreage: 0.0967

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1320

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 16091040180000

Tax Info

  • Taxes: 2720.17

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Feb 27, 2019
Sold by
Bought by
Seller's Agent
Alex Mihaila
Mihaila Realty LTD
Buyer's Agent
Liliana Quaglia
Executive Realty Group LLC
List Price
$194,700
Sold Price
$193,000
Premium/Discount to List
-$1,700
-0.87%
Current Estimated Value
$283,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,661
Avg. Annual Appreciation
5.31%
Original Mortgage
$188,746
Interest Rate
0.0387%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 12, 2015
Sold by
Bought by
Seller's Agent
Timothy Gray
The Chicagoland RE Auction Co.
Buyer's Agent
David Hejnowski
RE/MAX FUTURE
List Price
$37,500
Sold Price
$37,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.71%

Purchase Details

Closed on
Dec 17, 2014
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$193,000 Heritage Title Co
$27,500 First American Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $188,746
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2019 02/27/19 Sold $193,000 -0.9% $146 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $194,700 +419.2% $148 / Sq Ft
06/16/2015 06/16/15 Sold $37,500 +5.6% $31 / Sq Ft View Prior Sale
05/11/2015 05/11/15 Pending -- -- --
05/05/2015 05/05/15 Price Changed $35,500 -5.3% $30 / Sq Ft
04/29/2015 04/29/15 For Sale $37,500 -- $31 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,743 $18,400 $5,057 $13,343
2024 $2,743 $18,400 $5,057 $13,343
2023 $2,674 $13,000 $4,003 $8,997
2022 $2,674 $13,000 $4,003 $8,997
2021 $2,614 $12,999 $4,003 $8,996
2020 $2,744 $12,317 $3,581 $8,736
2019 $2,750 $13,686 $3,581 $10,105
2018 $2,703 $13,686 $3,581 $10,105
2017 $2,720 $12,636 $3,160 $9,476
2016 $2,531 $12,636 $3,160 $9,476
2015 $2,315 $12,636 $3,160 $9,476
2014 $2,106 $11,349 $2,949 $8,400
2013 $2,064 $11,349 $2,949 $8,400
Source: Public Records

Agents Affiliated with this Home

  • Alex Mihaila

    Seller's Agent in 2019

    Alex Mihaila

    Mihaila Realty LTD

    (773) 469-4364

    33 Total Sales

    Alex Mihaila
    Section Image

  • L

    Buyer's Agent in 2019

    Liliana Quaglia

    Executive Realty Group LLC

    (630) 894-1030

    57 Total Sales

    Liliana Quaglia
    Section Image
  • Timothy Gray

    Seller's Agent in 2015

    Timothy Gray

    The Chicagoland RE Auction Co.

    (312) 953-1498

    5 in this area

    291 Total Sales

    Timothy Gray
    Section Image
  • David Hejnowski

    Buyer's Agent in 2015

    David Hejnowski

    RE/MAX FUTURE

    (773) 520-3030

    82 Total Sales

    David Hejnowski
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10164382

Midwest Real Estate Data (MRED)

APN: 16-09-104-018-0000

Illinois Cook County Chicago 60644 Austin

705 N Lorel Ave, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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