NOT LISTED FOR SALE

5130 S Drexel Ave Unit 3C Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $100,000 - $223,000

1 Bed
1 Bath
850 Sq Ft
$300/mo HOA Fee

Last Sold June 22, 2016

Last sale price $95,000 $112 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,178/month

35 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near a bus stop
  • East or West Exposure
  • Kenwood Academy High School Rated A-

About This Home

As of June 2016

Move-in ready. Spacious condo in solid brick building. Hardwood floor throughout, vintage built-ins, separate dining room, newly updated bathroom, separate laundry room with washer/dryer in unit. HOA includes heat. University of Chicago school bus right around the corner. Easy street parking. Rentals allowed. Move in and enjoy comfortable living, or rent out and see great cash flow!

Last Agent to Sell the Property

Edelyn Xie

REALEX REALTY License #471019758 Listed on: 03/18/2016

Last Buyer's Agent

Martina Krstic

MK Home LLC License #471020254

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $886

Year Built

  • 1904

Lot Details

  • 10,585

HOA Fees

  • $300 per month

Home Design

  • Brick Exterior Construction

Location

  • Property is near a bus stop
  • The property is located in a historic district

Additional Features

  • North or South Exposure
  • East or West Exposure
  • Radiator

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$886

Year Built

1904

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Historical District
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1904
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1904

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Equipment: Intercom, CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Laundry: Dimensions: 3X5, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 850

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), E (East), W (West)

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: 35
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 300
  • Management Contact Name: unknown
  • Management Phone: 773-363-6200

Fee Information

  • Management Company: McKey & Poague

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20113000321009

Multi Family

  • Total Number Unitsin Building: 13
  • Number Stories: 3

Tax Info

  • Taxes: 1523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 22, 2016
Sold by
Wang Songlin and Chen Liuyi
Bought by
Feurer Todd A
Seller's Agent
Edelyn Xie
REALEX REALTY
Buyer's Agent
Martina Krstic
MK Home LLC
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$153,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,244
Avg. Annual Appreciation
5.25%
Original Mortgage
$85,500
Outstanding Balance
$69,242
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$84,002

Purchase Details

Closed on
May 27, 2014
Sold by
Bayview Loan Servicing Llc
Bought by
Wang Songlin and Chen Liuyi

Purchase Details

Closed on
Jul 10, 2013
Sold by
Simmons Darryl
Bought by
Bayview Loan Servcing Llc

Purchase Details

Closed on
Jul 31, 2007
Sold by
Simmons Aydren and Simmons Freddie
Bought by
Simmons Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
9.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2006
Sold by
Simmons Freddie
Bought by
Simmons Aydren and Simmons Freddie

Purchase Details

Closed on
Jul 28, 2004
Sold by
Simmons Darry
Bought by
Simmons Freddie

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
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 2000
Sold by
Drexel Avenue & Square Condo Assn
Bought by
Simmons Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,150
Interest Rate
8.26%
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
Feurer Todd A $95,000 Landtrust National Title
Wang Songlin $50,000 Cti
Bayview Loan Servcing Llc -- None Available
Simmons Darryl $199,000 Stewart Title Of Illinois
Simmons Aydren -- None Available
Simmons Freddie $100,000 Law Title
Simmons Darryl $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feurer Todd A $85,500
Previous Owner Simmons Darryl $159,300
Previous Owner Simmons Freddie $100,000
Previous Owner Simmons Darryl $35,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2016 06/22/16 Sold $95,000 0.0% $112 / Sq Ft
06/18/2016 06/18/16 Off Market $95,000 -- --
04/22/2016 04/22/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $99,900 -- $118 / 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 $886 $16,075 $3,167 $12,908
2023 $839 $7,500 $2,554 $4,946
2022 $839 $7,500 $2,554 $4,946
2021 $838 $7,499 $2,554 $4,945
2020 $1,252 $8,723 $2,043 $6,680
2019 $1,219 $9,499 $2,043 $7,456
2018 $1,198 $9,499 $2,043 $7,456
2017 $1,585 $7,364 $1,685 $5,679
2016 $1,475 $7,364 $1,685 $5,679
2015 $1,349 $7,364 $1,685 $5,679
2014 $1,523 $8,210 $1,379 $6,831
2013 $1,493 $8,210 $1,379 $6,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09170264

Midwest Real Estate Data (MRED)

APN: 20-11-300-032-1009