NOT LISTED FOR SALE

5038 Farwell Ave Skokie, IL 60077

Southwest Skokie Neighborhood

Estimated Value: $501,000 - $660,000

2 Beds
2 Baths
1,500 Sq Ft
$396/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $283,000 $189 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,993/month

53 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Central Air
  • Fairview South Elementary School Rated A
  • Property is near a bus stop

About This Home

As of October 2016

Amazing price for this must see large 2 bedroom (originally 3), 2 full baths 1500 square feet ranch in hot Fairview school district. Open concept great room with fireplace and hardwood flooring under carpeting and a bright kitchen with abundant storage. Central air conditioning, in-ground sprinklers and 49 x 124 professionally landscaped yards with a 2 car garage are some of the amenities of this comfortable home. Incredible investment opportunity to own a home at a condo price in this hot Skokie neighborhood in the midst of high-end new construction, many homes being rehabbed, proximity to the expressway and trains, shopping, and dining and all that this great suburb has to offer! Make an offer on this Estate sale "as is" property and enjoy location, location, location!

Last Agent to Sell the Property

Judith Berger

Coldwell Banker Real Estate Group License #475167367 Listed on: 08/05/2016

Coldwell Banker Real Estate Group

Last Buyer's Agent

Judith Berger

Coldwell Banker Real Estate Group License #475167367 Listed on: 08/05/2016

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,094

Year Built

  • 1954

Lot Details

  • 6,142

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Fireplace With Gas Starter
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,094

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Disability Access: Yes
  • Disability Access Details: Grab Bars in Bathroom(s), Low Pile Carpeting, No Interior Steps, Ramp - Main Level
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 11X35, On Level: Main Level, Flooring: Hardwood
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X21, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 23X10, On Level: Main Level
  • Bedroom 2: Dimensions: 19X10, On Level: Main Level
  • Estimated Sq Ft: 1500

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 219
  • Junior High Dist: 72

Lot Info

  • Lot Dimensions: 49 X 124
  • Parcel Identification Number: 10332250420000

Tax Info

  • Taxes: 6,466

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2017
Sold by
Monticello Properties Llc
Bought by
Uhm Jejung
Current Estimated Value
$594,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$302,538
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$291,938

Purchase Details

Listed on
Aug 5, 2016
Closed on
Oct 5, 2016
Sold by
Ginsparg Colman
Bought by
Monticello Properties Llc
Seller's Agent
Judith Berger
Coldwell Banker Real Estate Group
Buyer's Agent
Judith Berger
Coldwell Banker Real Estate Group
List Price
$275,900
Sold Price
$283,000
Premium/Discount to List
$7,100
2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$212,250
Interest Rate
4.75%
Mortgage Type
Commercial
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
Uhm Jejung $450,000 Fidelity National Title
Monticello Properties Llc $283,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uhm Jejung $360,000
Previous Owner Monticello Properties Llc $212,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $283,000 +2.6% $189 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $275,900 0.0% $184 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $275,900 -- $184 / 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 $10,094 $46,000 $8,593 $37,407
2023 $9,772 $46,000 $8,593 $37,407
2022 $9,772 $46,000 $8,593 $37,407
2021 $6,807 $29,571 $6,138 $23,433
2020 $6,558 $29,571 $6,138 $23,433
2019 $6,683 $32,857 $6,138 $26,719
2018 $5,996 $27,164 $5,370 $21,794
2017 $6,929 $27,164 $5,370 $21,794
2016 $6,124 $29,565 $5,370 $24,195
2015 $6,690 $25,624 $4,603 $21,021
2014 $6,466 $25,624 $4,603 $21,021
2013 $5,413 $25,624 $4,603 $21,021
Source: Public Records

Agents Affiliated with this Home

  • Judith Berger

    Seller's Agent in 2016

    Judith Berger

    Coldwell Banker Real Estate Group

    (847) 702-1433

    3 Total Sales

    Judith Berger
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09307520

Midwest Real Estate Data (MRED)

APN: 10-33-225-042-0000

Illinois Cook County Skokie 60077 Southwest Skokie

5038 Farwell Ave, Skokie, IL

This home is located at 5038 Farwell Ave, Skokie, IL 60077 since 05 August 2016 and is currently estimated at $594,476, approximately $396 per square foot. This property was built in 1954. 5038 Farwell Ave is a home located in Cook County with nearby schools including Fairview South Elementary School, Niles West High School, and Hillel Torah North Suburban Day School.

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