5051 W Newport Ave Chicago, IL 60641
Portage Park NeighborhoodEstimated Value: $424,488 - $525,000
5
Beds
3
Baths
1,910
Sq Ft
$244/Sq Ft
Est. Value
About This Home
This home is located at 5051 W Newport Ave, Chicago, IL 60641 and is currently estimated at $465,372, approximately $243 per square foot. 5051 W Newport Ave is a home located in Cook County with nearby schools including William P Gray Elementary School, Schurz High School, and Midwestern Christian Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 11, 2017
Sold by
Frost Michael A and Frost Noelle Michaels
Bought by
Hernandez Evaristo S and Hernandez Jill C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,700
Outstanding Balance
$222,666
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$242,706
Purchase Details
Closed on
Jul 25, 2005
Sold by
Kretowicz Jacek and Milek Lucyna
Bought by
Frost Michael A and Frost Noelle Michaels
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,625
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 14, 2002
Sold by
Kretowicz Jacek
Bought by
Kretowicz Jacek and Milek Lucyna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.5%
Purchase Details
Closed on
May 30, 1996
Sold by
Sokolski Michael Leo
Bought by
Ellquist Kenneth K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.43%
Purchase Details
Closed on
Apr 6, 1994
Sold by
Sokolski Michael Leo
Bought by
Sokolski Michael Leo
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Evaristo S | $294,500 | Attorney | |
| Frost Michael A | $407,500 | Marquis Title | |
| Kretowicz Jacek | -- | -- | |
| Kretowicz Jacek | $235,000 | Chicago Title Insurance Co | |
| Ellquist Kenneth K | $125,000 | -- | |
| Sokolski Michael Leo | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Evaristo S | $263,700 | |
| Previous Owner | Frost Michael A | $305,625 | |
| Previous Owner | Kretowicz Jacek | $185,000 | |
| Previous Owner | Ellquist Kenneth K | $100,000 |
Source: Public Records
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 | $5,735 | $40,688 | $13,851 | $26,837 |
| 2023 | $6,112 | $30,480 | $11,170 | $19,310 |
| 2022 | $6,112 | $33,120 | $11,170 | $21,950 |
| 2021 | $6,775 | $37,000 | $11,170 | $25,830 |
| 2020 | $5,902 | $29,582 | $6,478 | $23,104 |
| 2019 | $6,697 | $36,741 | $6,478 | $30,263 |
| 2018 | $7,262 | $36,741 | $6,478 | $30,263 |
| 2017 | $6,024 | $31,344 | $5,808 | $25,536 |
| 2016 | $5,781 | $31,344 | $5,808 | $25,536 |
| 2015 | $5,266 | $31,344 | $5,808 | $25,536 |
| 2014 | $5,145 | $30,279 | $5,361 | $24,918 |
| 2013 | $5,032 | $30,279 | $5,361 | $24,918 |
Source: Public Records
Map
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