NOT LISTED FOR SALE

5005 S Morgan St Chicago, IL 60609

Back of the Yards Neighborhood

Estimated Value: $83,000 - $221,000

3 Beds
1 Bath
960 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 03, 2016

Last sale price $31,000 $32 Per Sq Ft

Est. 403% increase in value since last sale

Current estimated payment $884/month

13 Days on Market

About This Home

As of March 2016

GREAT INVESTMENT PROPERTY. BRICK SINGLE FAMILY HOME. FULL UNFINISHED BASEMENT WAITING FOR YOUR IDEAS. HUGE YARD W/ PLENTY OF ROOM TO BUILD A NEW GARAGE.

Last Agent to Sell the Property

Joe Castillo

RE/MAX Mi Casa License #471000216 Listed on: 01/15/2016

RE/MAX Mi Casa

Last Buyer's Agent

Sonia Anaya

America Real Estate License #471003658

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $672

Year Built

  • 1953

Lot Details

  • 3,920

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$672

Year Built

1953

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1953
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 10X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 10X15, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 960

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0947

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 32X125
  • Parcel Identification Number: 20082180540000

Tax Info

  • Taxes: 1647

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2006
Sold by
Cruz Peter C
Bought by
Lorenz John and Egan Michael
Current Estimated Value
$156,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Outstanding Balance
$52,591
Interest Rate
6.78%
Mortgage Type
Unknown
Estimated Equity
$103,439

Purchase Details

Closed on
May 20, 2003
Sold by
Wells Fargo Home Mortgage Inc
Bought by
Demase Joe

Purchase Details

Closed on
Mar 21, 2003
Sold by
Merrit Credit Joyce L
Bought by
Wells Fargo Home Mortgage Inc

Purchase Details

Closed on
Nov 1, 2000
Sold by
Merritt Credit Joyce L and Merritt Keith A
Bought by
Merritt Credit Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
11.52%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Lorenz John $125,000 Chicago Title Insurance Co
Demase Joe $48,000 1St American Title
Demase Joe $48,000 1St American Title
Wells Fargo Home Mortgage Inc -- --
Merritt Credit Joyce L -- Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenz John $87,500
Previous Owner Merritt Credit Joyce L $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2016 03/03/16 Sold $31,000 +55.8% $32 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $19,900 -- $21 / 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 $672 $6,301 $1,238 $5,063
2023 $633 $6,500 $2,681 $3,819
2022 $633 $6,500 $2,681 $3,819
2021 $637 $6,499 $2,681 $3,818
2020 $707 $6,277 $2,681 $3,596
2019 $1,417 $7,053 $2,681 $4,372
2018 $1,393 $7,053 $2,681 $4,372
2017 $2,015 $9,361 $2,475 $6,886
2016 $1,875 $9,361 $2,475 $6,886
2015 $1,715 $9,361 $2,475 $6,886
2014 $1,647 $8,878 $2,268 $6,610
2013 $1,615 $8,878 $2,268 $6,610
Source: Public Records

Agents Affiliated with this Home

  • Joe Castillo

    Seller's Agent in 2016

    Joe Castillo

    RE/MAX

    (773) 255-6532

    1 in this area

    151 Total Sales

    Joe Castillo
    Section Image
  • Sonia Anaya

    Buyer's Agent in 2016

    Sonia Anaya

    America Real Estate

    (773) 735-4400

    3 in this area

    201 Total Sales

    Sonia Anaya
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09119123

Midwest Real Estate Data (MRED)

APN: 20-08-218-054-0000

Illinois Cook County Chicago 60609 Back of the Yards

5005 S Morgan St, Chicago, IL

This home is located at 5005 S Morgan St, Chicago, IL 60609 since 15 January 2016 and is currently estimated at $156,030, approximately $162 per square foot. This property was built in 1953. 5005 S Morgan St is a home located in Cook County with nearby schools including Sherman School of Excellence and Visitation Catholic School.

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