Spaces January 15, 2012
Tax preparation season is upon us. Now is the time to create a Taxes 2011 folder for all the pieces that come in the mail and to collect the information you will need to fill out your return. Home ownership provides you with deductable mortgage interest and property taxes. If you bought or sold real estate, or refinanced, this past year, pull out the HUD or RESPA form that was part of your closing documents and provide that to your tax preparer. Consult with a CPA or tax professional for more details on this and deductions for the new child in the family, education expenses and charitable donations. As with everything supporting documentation is very helpful.
Bucktown/Wicker Park closings this past week: 1 Detached single family houses, 2 Attached condos. 0 2-4 unit building:
Detached Single
1406 N Bell, 4 bedroom, 3.1 bath, $622,000
Attached Single
1641 W Le Moyne #3, 3 bedroom, 2.1 bath, 1 parking space Condo-Duplex, Penthouse, $399,000
1304 N Wood #3, 3 bedroom, 2 bath, garage space, Condo Duplex, Penthouse, $445,000
Quick take - What’s on the market now?
Type, (number), Max, Average, Median, Min Price
Detached (64 properties), $4,400,000, $1,019,329, $762,500, $250,000
Attached (161 condos), $1,099,000, $378,416, $375,000, $79,000
2 -4 units (31 properties), $849,900, $498,925, $499,900, $179,900
*** Information sourced from MREDLLC; 1/15/12. Residential properties - Bucktown (Ashland, Western, Fullerton, North) and WickerPark (Ashland, Western, North, Division)
Have a topic you’d like to see explored or a real estate question send it in.
If you’d like more information on properties currently on the market or selling your home just drop me a note at EvaB@atproperties.com
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