NOT LISTED FOR SALE

7540 N Ridge Blvd Unit 5B Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $86,000 - $126,978

1 Bed
1 Bath
750 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $19,000 $25 Per Sq Ft

Est. 466% increase in value since last sale

Current estimated payment $877/month

48 Days on Market

About This Home

As of June 2012

GREAT LOCATION FOR THIS 1 BED CONDO. CLOSE TO PUBLIC TRANSPORTATION. THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE FOR AS LITTLE AS 3% DOWN! APPROVED FOR HOMEPATH MORTGAGE AND RENOVATION MORTGAGE FINANCING.

Last Agent to Sell the Property

Russell Rantz

Green Ivy Realty & Prop Mgmt License #471014209 Listed on: 04/14/2012

Co-Listed By

Randy Rantz

Green Ivy Realty & Prop Mgmt License #471013795

Last Buyer's Agent

Faraz Mota

USA Realty Group Inc License #475134815

Property Details

Home Type

  • Other

Year Built

  • 1967

Lot Details

  • 0.38

HOA Fees

  • $190 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Year Built

1967

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Type Attached: Condo
  • Unit Floor Level: 5
  • Special Features: 20
  • Stories: 6
  • Year Built: 1967

Interior Features

  • Number Of Rooms: 4
  • Bedrooms All Levels: 1
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 18X11
  • Living Room Level: Main Level
  • Living Room Size: 19X13
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: COMBO
  • Kitchen Level: Main Level
  • Kitchen Size: 26X8
  • Kitchen Flooring: Ceramic Tile
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 6X5

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Cooling: 2 (Window/Wall Unit)
  • Electricity: Circuit Breakers, 200+ Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Baseboard

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 190
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance
  • Special Assessments: Yes

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: PER SURVEY

Multi Family

  • Total Number Unitsin Building: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2014
Sold by
Mvg Properties Llc Series 7540Ridge5b
Bought by
Owais Properties Inc
Current Estimated Value
$107,495

Purchase Details

Closed on
May 23, 2014
Sold by
Mota Venture Group Llc
Bought by
Mvg Properties Llc Series 7540Ridge5b

Purchase Details

Listed on
Apr 14, 2012
Closed on
Jun 12, 2012
Sold by
Fannie Mae
Bought by
Mota Venture Group Llc
Seller's Agent
Russell Rantz
Green Ivy Realty & Prop Mgmt
Buyer's Agent
Faraz Mota
USA Realty Group Inc
List Price
$24,900
Sold Price
$19,000
Premium/Discount to List
-$5,900
-23.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%

Purchase Details

Closed on
Sep 6, 2011
Sold by
Brinzeiu
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 6, 2007
Sold by
Paul Cristian
Bought by
Brinzeiu Emeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2004
Sold by
Dreiling Kenneth
Bought by
Paul Cristian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,905
Interest Rate
7.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 12, 2001
Sold by
Siciu Adrian and Siciu Esther
Bought by
Dreiling Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
7.16%

Purchase Details

Closed on
Sep 22, 1997
Sold by
Corus Bank
Bought by
Siciu Adrian and Siciu Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,600
Interest Rate
9.75%
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
Owais Properties Inc $23,000 None Available
Mvg Properties Llc Series 7540Ridge5b -- None Available
Mota Venture Group Llc $19,000 Git
Federal National Mortgage Association -- None Available
Brinzeiu Emeline $145,000 Ticor Title Ins Co 2002
Paul Cristian $100,000 St
Dreiling Kenneth $86,000 --
Siciu Adrian $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brinzeiu Emeline $116,000
Previous Owner Paul Cristian $94,905
Previous Owner Dreiling Kenneth $81,700
Previous Owner Siciu Adrian $23,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2012 06/28/12 Sold $19,000 -23.7% $25 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $24,900 0.0% $33 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
04/14/2012 04/14/12 For Sale $24,900 -- $33 / 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 $1,461 $7,479 $712 $6,767
2023 $1,425 $6,927 $570 $6,357
2022 $1,425 $6,927 $570 $6,357
2021 $1,393 $6,926 $569 $6,357
2020 $1,454 $6,525 $538 $5,987
2019 $1,454 $7,238 $538 $6,700
2018 $1,430 $7,238 $538 $6,700
2017 $1,155 $5,366 $474 $4,892
2016 $1,075 $5,366 $474 $4,892
2015 $983 $5,366 $474 $4,892
2014 $1,458 $7,857 $426 $7,431
2013 $1,775 $9,759 $426 $9,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08043382

Midwest Real Estate Data (MRED)

APN: 11-30-307-212-1026