NOT LISTED FOR SALE

5056 W 31st St Cicero, IL 60804

Estimated Value: $301,000 - $327,973

3 Beds
2 Baths
1,800 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $227,000 $126 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,257/month

115 Days on Market

Highlights

  • Lower Floor Utility Room
  • Detached Garage
  • Bungalow

About This Home

As of May 2020

Beautiful recently rehabbed 3 bedroom 1.5 bath home. Formal living and dining room with refinished hardwood flooring throughout. Spacious kitchen with chic light fixtures. Great sized bedroom. Finished attic which is perfect for entertainment area and or recreation. Full partially finished basement. Newer roof. Newly sided garage.All copper plumbing. Great location! Across the street from community pool. By public transportation and shopping.

Last Agent to Sell the Property

Eduardo Garcia

Realty of America, LLC License #471009113 Listed on: 01/15/2020

Realty of America, LLC

Co-Listed By

Clarissa Vega

Avenue Properties Chicago License #475190442

Last Buyer's Agent

Maria Castillo

RE/MAX MI CASA License #475122116

RE/MAX MI CASA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,766

Year Renovated

  • 2015

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Lower Floor Utility Room

Kitchen

  • Oven or Range
  • Microwave

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $7,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,766

Year Renovated

2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2015
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Refrigerator
  • Attic: Finished
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 12X14, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 25X13, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Utility Room-Lower Level
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Utility Room-Lower Level, Dimensions: 12X12, On Level: Basement
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1800
  • Family Room: Dimensions: 24X27, On Level: Basement

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1076

Garage/Parking

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

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 99
  • Elementary School: Woodbine Elementary School
  • Middle School: Columbus East Elementary School
  • Junior High Dist: 99

Lot Info

  • Lot Dimensions: 35X125
  • Parcel Identification Number: 16284300150000

Tax Info

  • Taxes: 5662.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
May 18, 2020
Sold by
Vargas Antonio
Bought by
Herrera Iliana N
Seller's Agent
Eduardo Garcia
Realty of America, LLC
Buyer's Agent
Maria Castillo
RE/MAX MI CASA
List Price
$219,999
Sold Price
$227,000
Premium/Discount to List
$7,001
3.18%
Current Estimated Value
$312,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,993
Avg. Annual Appreciation
7.41%
Original Mortgage
$222,888
Outstanding Balance
$198,009
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$133,862

Purchase Details

Listed on
Oct 2, 2015
Closed on
Jan 12, 2016
Sold by
Satas Leo and Wolski Cecilia
Bought by
Vargas Antonio and Vargas Jesus Maria
Seller's Agent
Michael Adams
Charles Rutenberg Realty of IL
Buyer's Agent
Taurino Morales
Keller Williams Preferred Realty
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$165,300
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2015
Sold by
Bayview Loan Servicing Llc
Bought by
Satas Leo

Purchase Details

Closed on
Jan 30, 2015
Sold by
Latallade Blanca M
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Sep 18, 2004
Sold by
Latallade Ramon
Bought by
Latallade Blanca M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 1996
Sold by
Latallade Ramon
Bought by
Latallade Ramon and Latallade Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,206
Interest Rate
8.05%
Mortgage Type
VA
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
Herrera Iliana N $227,000 Chicago Title
Vargas Antonio $174,000 Chicago Title Insurance Co
Satas Leo $68,500 Cti
Bayview Loan Servicing Llc $183,750 Worldwide Recording Inc
Latallade Blanca M -- Multiple
Latallade Ramon -- 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Iliana N $10,948
Open Herrera Iliana N $54,741
Open Herrera Iliana N $222,888
Previous Owner Vargas Antonio $165,300
Previous Owner Latallade Blanca M $25,000
Previous Owner Latallade Blanca M $183,750
Previous Owner Latallade Blanca M $160,000
Previous Owner Latallade Ramon $85,206
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2020 05/18/20 Sold $227,000 0.0% $126 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
05/05/2020 05/05/20 Off Market $227,000 -- --
01/21/2020 01/21/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $219,999 +29.4% $122 / Sq Ft
02/01/2016 02/01/16 Sold $170,000 -4.8% $94 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/24/2015 11/24/15 Price Changed $178,500 -0.8% $99 / Sq Ft
11/23/2015 11/23/15 For Sale $179,900 0.0% $100 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
11/06/2015 11/06/15 Price Changed $179,900 -2.7% $100 / Sq Ft
10/13/2015 10/13/15 Price Changed $184,900 -2.6% $103 / Sq Ft
10/02/2015 10/02/15 For Sale $189,900 -- $106 / 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 $6,766 $20,000 $5,039 $14,961
2023 $7,228 $20,000 $5,039 $14,961
2022 $7,228 $16,551 $4,336 $12,215
2021 $7,144 $16,550 $4,335 $12,215
2020 $4,602 $16,550 $4,335 $12,215
2019 $5,821 $17,929 $3,983 $13,946
2018 $5,663 $17,929 $3,983 $13,946
2017 $8,332 $17,929 $3,983 $13,946
2016 $3,441 $9,569 $3,280 $6,289
2015 $3,340 $9,569 $3,280 $6,289
2014 $3,240 $9,569 $3,280 $6,289
2013 -- $12,661 $3,280 $9,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10611269

Midwest Real Estate Data (MRED)

APN: 16-28-430-015-0000