5031 W Wellington Ave Chicago, IL 60641
Cragin Neighborhood
4
Beds
2
Baths
1,674
Sq Ft
3,920
Sq Ft Lot
Highlights
- Queen Anne Architecture
- Detached Garage
- Forced Air Heating System
About This Home
As of June 2021Located in sought after Belmont Cragin community, this expansive all brick bungalow offers a buyer with vision nothing but upside. The home features classic charm of a desirable bungalow with space which is not typically found in this style home. The property offers hardwood floors throughout the main level, a large living room, formal dining room with two bedrooms, one bath on each level. The second floor is finished, offers a family room/den option along with the bedrooms, basement is finished, while the home needs updates the upside is amazing! The home is centrally located, close to shopping, food options as well as bus/train, this is a home where you do not want to judge off appearance, get inside, see the potential and write an offer today!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,123
Year Built
- 1924
Parking
- Detached Garage
- Garage Is Owned
Home Design
- Queen Anne Architecture
- Brick Exterior Construction
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Lake Michigan Water
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
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
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $430,000 | Heritage Title Company | |
| Special Warranty Deed | $210,000 | Attorney | |
| Sheriffs Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $337,500 | Heritage Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,500 | New Conventional | |
| Previous Owner | $270,000 | Unknown | |
| Previous Owner | $67,500 | Stand Alone Second |
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
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
-
Seller's Agent in 2021
Henry Luna
Worth Clark Realty
(773) 218-5804
8 in this area
71 Total Sales
-
Buyer's Agent in 2021
Jill Dana
Village Realty, Inc.
(312) 505-4610
1 in this area
16 Total Sales
-
Seller's Agent in 2020
Ryan Smith
RE/MAX Premier
(312) 810-9680
3 in this area
803 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10673032
APN: 13-28-217-009-0000
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