NOT LISTED FOR SALE

5031 W Wellington Ave Chicago, IL 60641

Cragin Neighborhood

Estimated Value: $444,000 - $524,000

4 Beds
3 Baths
2,000 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $430,000 $215 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,230/month

10 Days on Market

Highlights

  • Queen Anne Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Formal Dining Room

About This Home

As of June 2021

Completely remodeled brick bungalow with tuckpointing, new floors, bathrooms with marmol ceramic, kitchen, electrical, windows, roof, appliances, heather, A/c offers a large living room, formal dining room with 4 bedrooms, one on the first floor and one bath on each level. The second floor is finished with 3 bedrooms, basement is finished, you will be surprise how big it is. The home is centrally located, close to shopping, food options as well as bus/train, this is a beautiful home for your family.

Last Agent to Sell the Property

Henry Luna

Worth Clark Realty License #471008119 Listed on: 04/30/2021

Worth Clark Realty

Last Buyer's Agent

Jill Dana

Village Realty, Inc. License #475165054

Village Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,813

Year Built

  • Built in 1924 | Remodeled in 2021

Lot Details

  • 4,125 Sq Ft Lot
  • Lot Dimensions are 33 x 125

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Queen Anne Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Community Details

  • Queen Anne

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,813

Year Built

Built in 1924 | Remodeled in 2021

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Queen Anne
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2000
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 435000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0947
  • Lot Dimensions: 33 X 125
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4813.39
  • Tax Year: 2019

MLS Schools

  • Other Public Sch Dist: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 7, 2021
Sold by
Caballero Margarito
Bought by
May Carly and Thaxton Matthew
Seller's Agent
Henry Luna
Worth Clark Realty
Buyer's Agent
Jill Dana
Village Realty, Inc.
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Current Estimated Value
$499,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,087
Avg. Annual Appreciation
3.66%
Original Mortgage
$408,500
Outstanding Balance
$374,320
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$124,826

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jun 17, 2020
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Caballero Margarito
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Henry Luna
Worth Clark Realty
List Price
$224,900
Sold Price
$210,000
Premium/Discount to List
-$14,900
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.76%

Purchase Details

Closed on
Mar 28, 2019
Sold by
Pineda Rosalba
Bought by
Pretium Mortgage Acquisition Trust and Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Sep 21, 2015
Sold by
Castel Roxanna
Bought by
Pinada Ignacio and Pinada Rosalba

Purchase Details

Closed on
Jul 24, 2009
Sold by
Pineda Ignacio and Pineda Rosalba
Bought by
Castelan Roxanna

Purchase Details

Closed on
Mar 7, 2007
Sold by
Castelan Roxanna and Castelan Antelmo
Bought by
Pineda Ignacio and Pineda Rosalba

Purchase Details

Closed on
Jul 28, 2005
Sold by
Grippo Angelo
Bought by
Castelan Roxanna and Pineda Rosalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 1995
Sold by
Grippo Angelo R and Grippo Geraldine S
Bought by
Grippo Angelo
Source: Public Records

Range of Values:

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Average Value
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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
May Carly $430,000 Heritage Title Company
Caballero Margarito $210,000 Attorney
Pretium Mortgage Acquisition Trust -- Attorney
Pinada Ignacio -- Attorney
Castelan Roxanna -- None Available
Pineda Ignacio -- None Available
Castelan Roxanna $337,500 Heritage Title Company
Grippo Angelo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Carly $408,500
Previous Owner Castelan Roxanna $270,000
Previous Owner Castelan Roxanna $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $430,000 -1.1% $215 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $435,000 +107.1% $218 / Sq Ft
06/24/2020 06/24/20 Sold $210,000 -2.3% $125 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/20/2020 05/20/20 Price Changed $214,900 -4.4% $128 / Sq Ft
05/13/2020 05/13/20 For Sale $224,900 0.0% $134 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $224,900 0.0% $134 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $224,900 0.0% $134 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $224,900 0.0% $134 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $224,900 -- $134 / 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 $6,123 $42,000 $7,631 $34,369
2023 $5,969 $29,001 $6,188 $22,813
2022 $5,969 $29,001 $6,188 $22,813
2021 $5,836 $29,003 $6,191 $22,812
2020 $4,739 $24,362 $5,156 $19,206
2019 $4,813 $27,373 $5,156 $22,217
2018 $4,731 $27,373 $5,156 $22,217
2017 $5,083 $26,976 $4,537 $22,439
2016 $4,906 $26,976 $4,537 $22,439
2015 $4,465 $26,976 $4,537 $22,439
2014 $3,145 $19,509 $4,125 $15,384
2013 $3,072 $19,509 $4,125 $15,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11072346

Midwest Real Estate Data (MRED)

APN: 13-28-217-009-0000