NOT LISTED FOR SALE

5039 S Michigan Ave Unit G Chicago, IL 60615

Grand Boulevard Neighborhood

Estimated Value: $177,000 - $238,000

2 Beds
2 Baths
1,200 Sq Ft
$100/mo HOA Fee

Last Sold December 28, 2015

Last sale price $107,000 $89 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,515/month

173 Days on Market

About This Home

As of December 2015

STUNNING, BEAUTIFUL 2BR/2BTH GARDEN UNIT PRICED TO SALE. CHERRY CABINETS, GRANITE COUNTERTOPS, MARBLE MASTER BTH, HDWD FLRS, STAINLESS STEEL APPLIANCES AND IN UNIT LAUNDRY. PARKING ALSO INCLUDED. THIS WONDERFUL, WELL MAINTAINED PROPERTY IS FHA APPROVED AND THEREFORE EASIER TO FINANCE. 24 HOUR NOTICE REQUIRED.

Last Agent to Sell the Property

Sharon Smith

Real People Realty License #475137170 Listed on: 05/09/2015

Last Buyer's Agent

DeAngela Carter

Real People Realty License #475151085

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,963

Lot Details

  • 10,542

HOA Fees

  • $100 per month

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $3,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,963

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: G
  • Age: Unknown
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X18, On Level: Main Level
  • Basement: Walkout
  • Basement: Exterior Access
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 15X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X13, On Level: Main Level
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level
  • Estimated Sq Ft: 1200

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 100
  • Management Contact Name: CONDO ASSOCIATION
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: ASSOCIATION

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 20101200251005

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 3

Tax Info

  • Taxes: 2080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2015
Closed on
Dec 21, 2015
Sold by
37 & 39 S Michigan Llc
Bought by
Bonner Tchalla M
Seller's Agent
Sharon Smith
Real People Realty
Buyer's Agent
DeAngela Carter
Real People Realty
List Price
$109,000
Sold Price
$107,000
Premium/Discount to List
-$2,000
-1.83%
Current Estimated Value
$214,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,832
Avg. Annual Appreciation
6.98%
Original Mortgage
$105,056
Outstanding Balance
$84,738
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$120,948
Source: Public Records

Range of Values:

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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
Bonner Tchalla M $107,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonner T Challa M T $6,510
Open Bonner Tchalla M $105,056
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2015 12/28/15 Sold $107,000 -1.8% $89 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $109,000 0.0% $91 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $109,000 -- $91 / 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 $2,963 $20,574 $3,331 $17,243
2023 $2,888 $14,000 $3,331 $10,669
2022 $2,888 $14,000 $3,331 $10,669
2021 $2,823 $13,999 $3,330 $10,669
2020 $2,162 $9,704 $1,617 $8,087
2019 $2,150 $10,699 $1,617 $9,082
2018 $2,113 $10,699 $1,617 $9,082
2017 $2,089 $9,704 $1,332 $8,372
2016 $1,944 $9,704 $1,332 $8,372
2015 $1,778 $9,704 $1,332 $8,372
2014 $2,121 $11,434 $1,142 $10,292
2013 $2,080 $11,434 $1,142 $10,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08919022

Midwest Real Estate Data (MRED)

APN: 20-10-120-025-1005