Crib Chatter

We last chattered about this 3-bedroom single family home at 3134 N. Oakley in North Center in August 2011.

See our prior chatter here.

If you remember, this house had been bank owned earlier this year and sold in July for $285,000.

Just weeks later it returned to the market listed for $134,000 more than the previous sale at $419,000.

It doesn’t appear, however, that this is a full rehab as we’ve seen with many other bank owned homes.

The listing just says: “Fresh paint throughout. Refinished hardwood flooring.”

It also mentions “updated electric” and that the “interior feels and smells new.”

The kitchen has the same cherry cabinets, stainless steel appliances and granite counter tops as when it was bank owned.

The living room curtains even appear to be the same ones from when the house was previously on the market.

The house was built in 1902 on a 26×120 lot (per the prior listing.)

It has central air but only a one car garage.

2 of the 3 bedrooms are on the second floor with the third one on the main level.

The house has now been reduced $40,000 from its original list price.

In our last chatter, some of you thought this would sell around $350,000. It is listed for $379,000.

Is this now the “best deal” in Roscoe Village/North Center?

You can see the prior pictures when it was bank owned here.

Tom Witt of Executive Realty Consultants still has the listing. See the current pictures here.

3134 N. Oakley: 3 bedrooms, 2.5 baths, 1861 square feet

• Sold in June 2001 for $220,000
• Sold in March 2003 for $390,500
• Sold in April 2006 for $583,000
• Lis pendens foreclosure filed in January 2010
• Bank owned in March 2011
• Listed in June 2011 for $245,000
• Sold in June/July 2011 for $285,000 (I can’t tell which month for sure it sold in)
• Re-listed on Aug 2, 2011 for $419,000
• Reduced
• Was listed in August 2011 for $399,000
• Reduced
• Currently listed for $379,000
• Taxes of $6767
• Central Air
• 1-car garage
• Bedroom #1: 13×12 (second level)
• Bedroom #2: 13×12 (second level)
• Bedroom #3: 12×10 (main level)
• Living room: 15×12
• Dining room: 19×15
• Kitchen: 13×12
• Family room: 20×15 (lower level)