NOT LISTED FOR SALE

5047 N Sheridan Rd Unit 2N Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $501,000 - $543,059

3 Beds
-- Bath
17,600 Sq Ft
$30/Sq Ft Est. Value

About This Home

This home is located at 5047 N Sheridan Rd Unit 2N, Chicago, IL 60640 and is currently estimated at $524,015, approximately $29 per square foot. 5047 N Sheridan Rd Unit 2N is a home located in Cook County with nearby schools including William C. Goudy Technology Academy, Senn High School, and St Thomas Of Canterbury School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Marko Douglas Grant and Marko Shifra
Bought by
Scherer Stephen A
Current Estimated Value
$528,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Outstanding Balance
$336,642
Interest Rate
5.38%
Mortgage Type
Balloon
Estimated Equity
$187,408

Purchase Details

Closed on
Apr 20, 2016
Sold by
Brown Palgsrove Michael and Brown Palgsrove Heather
Bought by
Marko Douglas and Whiteman Shifra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Paragon Relocation Resources Inc
Bought by
Brown Palsgrove Michael and Brown Palsgrove Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,153
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2005
Sold by
Hofstetter Steven A
Bought by
Paragon Relocation Resources Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,153
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2005
Sold by
Hofstetter Janell E
Bought by
Hofstetter Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,153
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 1995
Sold by
Snare Colin M and Snare Lynne M
Bought by
Hofstetter Steven A and Hofstetter Janell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 1994
Sold by
Schwarzwaelder Ann E and Matherlee Ann E
Bought by
Snare Colin M and Snare Lynne M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Scherer Stephen A $440,000 First American Title
Marko Douglas $317,000 Proper Title Llc
Brown Palsgrove Michael $325,000 Fat
Paragon Relocation Resources Inc $325,000 Fat
Hofstetter Steven A -- Fat
Hofstetter Steven A $157,500 Attorneys Title Guaranty Fun
Snare Colin M $165,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherer Stephen A $352,000
Previous Owner Marko Douglas $253,600
Previous Owner Brown Palsgrove Michael $281,885
Previous Owner Brown Palsgrove Michael $315,153
Previous Owner Hofstetter Steven A $22,731
Previous Owner Hofstetter Steven A $128,500
Previous Owner Hofstetter Steven A $141,750
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 $7,867 $41,900 $9,397 $32,503
2023 $6,939 $36,000 $8,406 $27,594
2022 $6,939 $36,000 $8,406 $27,594
2021 $6,813 $36,000 $8,406 $27,594
2020 $5,096 $25,184 $5,249 $19,935
2019 $5,064 $27,756 $5,249 $22,507
2018 $4,977 $27,756 $5,249 $22,507
2017 $5,673 $25,477 $4,619 $20,858
2016 $5,266 $25,477 $4,619 $20,858
2015 $5,734 $30,254 $4,619 $25,635
2014 $4,614 $24,130 $3,569 $20,561
2013 $4,549 $24,130 $3,569 $20,561
Source: Public Records

Map

Illinois Cook County Chicago 60640 Margate Park

5047 N Sheridan Rd Unit 2N, Chicago, IL

This home is located at 5047 N Sheridan Rd Unit 2N, Chicago, IL 60640 and is currently estimated at $524,015, approximately $29 per square foot. 5047 N Sheridan Rd Unit 2N is a home located in Cook County with nearby schools including William C. Goudy Technology Academy, Senn High School, and St Thomas Of Canterbury School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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