NOT LISTED FOR SALE

7225 W Higgins Ave Unit 502 Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $152,000 - $228,000

1 Bed
1 Bath
-- Sq Ft
0.8 Acres

Last Sold November 29, 2012

Last sale price $59,900

Est. 214% increase in value since last sale

Current estimated payment $1,173/month

11 Days on Market

Highlights

  • Combination Dining and Living Room
  • William Howard Taft High School Rated A-
  • 2-minute walk to Harlem Station (Blue Line - O'hare Branch)

About This Home

As of November 2012

Fantastic 1 bedroom, 1 bathroom condo unit. This unit features living and dining room with plush carpeting and sliding doors to your balcony. There is also a kitchen with tile backsplash and an eat-in area-table space. Master bedroom has a convenient walk-in closet and is waiting for your own design. This condo building is ideally located close to expressway. Come and see today.

Last Agent to Sell the Property

Helen Oliveri

Helen Oliveri Real Estate License #471001015 Listed on: 09/27/2012

Last Buyer's Agent

Joann Griffin

Berkshire Hathaway HomeServices Starck Real Estate License #475128637

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,254

Year Built

  • 1970

Lot Details

  • 0.8

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Combination Dining and Living Room

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Lake Michigan Water

Community Details

  • No Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$2,254

Year Built

1970

Lot Details

0

Listing Details

  • Unit Floor Number: 5
  • Special Features: None
  • Stories: 5
  • Year Built: 1970

Interior Features

  • Total # Of Rooms: 4
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X15
  • Master Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 19X11
  • Living Room Flooring: Carpet
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 09X11
  • Dining Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 13X07

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Other

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Space/s

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Radiant

Condo/Co-op/Association

  • Pets Allowed: No
  • Units in Building: 28
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2012
Closed on
Nov 28, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tsen Jerry H
Seller's Agent
Helen Oliveri
Helen Oliveri Real Estate
Buyer's Agent
Joann Griffin
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$59,900
Sold Price
$59,900
Current Estimated Value
$188,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,179
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Nov 14, 2011
Sold by
Fikic Hatema
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 22, 2007
Sold by
Sorensen Darline
Bought by
Fikic Hatema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 14, 2004
Sold by
Lasalle Bank Na
Bought by
Sorensen Darline and The Darline Sorensen Living Trust

Purchase Details

Closed on
Mar 23, 2001
Sold by
Sorensen Darline
Bought by
Lasalle Bank National Assn and Trust #127418
Source: Public Records

Range of Values:

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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
Tsen Jerry H $60,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Fikic Hatema $169,000 Multiple
Sorensen Darline -- --
Lasalle Bank National Assn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fikic Hatema $169,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2012 11/29/12 Sold $59,900 0.0% --
10/08/2012 10/08/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $59,900 -- --
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 $2,254 $18,798 $2,771 $16,027
2023 $2,176 $14,001 $2,217 $11,784
2022 $2,176 $14,001 $2,217 $11,784
2021 $2,145 $13,999 $2,216 $11,783
2020 $1,850 $11,407 $1,385 $10,022
2019 $1,810 $12,436 $1,385 $11,051
2018 $1,778 $12,436 $1,385 $11,051
2017 $1,632 $10,958 $1,219 $9,739
2016 $1,695 $10,958 $1,219 $9,739
2015 $1,527 $10,958 $1,219 $9,739
2014 $1,853 $12,556 $1,163 $11,393
2013 $2,284 $12,556 $1,163 $11,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08168342

Midwest Real Estate Data (MRED)

APN: 12-12-202-084-1024