NOT LISTED FOR SALE

Estimated Value: $357,827 - $426,000

2 Beds
1 Bath
882 Sq Ft
$444/Sq Ft Est. Value

About This Home

This home is located at 5040 N Newland Ave, Chicago, IL 60656 and is currently estimated at $391,707, approximately $444 per square foot. 5040 N Newland Ave is a home located in Cook County with nearby schools including Garvy J Elementary School, Taft High School, and St. Monica Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2025
Sold by
Nikin Stojanka
Bought by
Snikin Trust and Nikin
Current Estimated Value
$391,707

Purchase Details

Closed on
Jan 7, 1994
Sold by
Nikin Ziva
Bought by
Nikin Stojanka
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Snikin Trust -- None Listed On Document
Nikin Stojanka -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nikin Stojanka $55,750
Previous Owner Nikin Stojanka $54,000
Source: Public Records

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 $1,439 $28,000 $9,225 $18,775
2023 $1,447 $27,000 $7,380 $19,620
2022 $1,447 $27,000 $7,380 $19,620
2021 $1,378 $27,003 $7,383 $19,620
2020 $1,422 $21,686 $4,612 $17,074
2019 $1,417 $24,096 $4,612 $19,484
2018 $1,396 $24,096 $4,612 $19,484
2017 $1,494 $19,125 $4,059 $15,066
2016 $1,899 $19,125 $4,059 $15,066
2015 $1,825 $20,132 $4,059 $16,073
2014 $1,809 $18,617 $3,690 $14,927
2013 $1,816 $18,617 $3,690 $14,927
Source: Public Records

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