NOT LISTED FOR SALE

5205 S Drexel Ave Unit GD-N Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $86,000 - $165,000

-- Bed
1 Bath
550 Sq Ft
$251/mo HOA Fee

Last Sold November 13, 2019

Last sale price $64,000 $116 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $959/month

79 Days on Market

Highlights

  • Walk-In Closet
  • Kenwood Academy High School Rated A-
  • 5-minute walk to Sycamore Playlot Park

About This Home

As of November 2019

LOCATION, LOCATION, LOCATION!!!! BEAUTIFUL STUDIO CONDO THAT FEELS MORE LIKE A ONE BEDROOM!!!! RECENTLY RENOVATED UNIT, NEW FLOORS, CROWN MOULDING, NEW TILE IN THE BATHROOM, NEW KITCHEN CABINETS, GRANITE COUNTERTOP, APPLIANCES INCLUDED!!!!SEPARATE BEDROOM AND KITCHEN AREA. HUGE CLOSET FOR STORAGE. LOTS OF NATURAL LIGHT. WALK TO THE U OF C CAMPUS AND MORE!!!

Last Agent to Sell the Property

Melanie Davis

M Properties, Inc. License #471010616 Listed on: 07/18/2019

Last Buyer's Agent

Kendrea Hart-Hall

Professional Brokers Realty License #475142279

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,425

Year Renovated

  • 2017

Lot Details

  • 5,445

HOA Fees

  • $251 per month

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $3,900 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,425

Year Renovated

2017

Lot Details

0

HOA Fees

$251 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo, Studio
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2017

Interior Features

  • Number Of Rooms: 2
  • Living Room: Dimensions: 12X15, On Level: Main Level
  • Kitchen Type: Dimensions: 05X06, On Level: Main Level
  • Additional Rooms: Walk In Closet
  • Additional Room 1 Name: Walk in Closet, Dimensions: 05X08, On Level: Main Level
  • Estimated Sq Ft: 550

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets
  • Assessment Includes: Exterior Maintenance, Snow Removal
  • Assessment Association Fees: 251
  • Management Contact Name: THE
  • Management Phone: 773-544-8644

Fee Information

  • Management Company: T.H.E. MANAGEMENT CO

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 20113070201013

Multi Family

  • Total Number Unitsin Building: 14
  • Number Stories: 2

Tax Info

  • Taxes: 437.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Nov 13, 2019
Sold by
Waterman Daniel
Bought by
Hall Erika R
Seller's Agent
Melanie Davis
M Properties, Inc.
Buyer's Agent
Kendrea Hart-Hall
Professional Brokers Realty
List Price
$64,000
Sold Price
$64,000
Current Estimated Value
$112,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,468
Avg. Annual Appreciation
9.94%
Original Mortgage
$57,600
Outstanding Balance
$52,092
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$60,376

Purchase Details

Closed on
Mar 6, 2017
Sold by
Wheeler Financial Inc
Bought by
Waterman Daniel

Purchase Details

Closed on
Nov 30, 2016
Sold by
County Of Cook
Bought by
Wheeler Financial Inc

Purchase Details

Closed on
May 21, 2007
Sold by
5205-09 S Drexel Corp
Bought by
10259 S Ewing Corp
Source: Public Records

Range of Values:

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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
Hall Erika R $64,000 Stewart Title
Waterman Daniel $18,000 First American Title
Wheeler Financial Inc -- Attorney
10259 S Ewing Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Erika R $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $64,000 0.0% $116 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $64,000 0.0% $116 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
08/12/2019 08/12/19 Price Changed $64,000 -5.9% $116 / Sq Ft
07/18/2019 07/18/19 For Sale $68,000 0.0% $124 / Sq Ft
07/15/2018 07/15/18 Rented $900 0.0% --
07/10/2018 07/10/18 Under Contract -- -- --
06/18/2018 06/18/18 Price Changed $900 -10.0% $2 / Sq Ft
05/03/2018 05/03/18 For Rent $1,000 -- --
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 $1,425 $7,000 $1,956 $5,044
2023 $1,384 $6,732 $1,578 $5,154
2022 $1,384 $6,732 $1,578 $5,154
2021 $1,663 $8,269 $1,577 $6,692
2020 $1,203 $5,399 $1,261 $4,138
2019 $492 $5,880 $1,261 $4,619
2018 $483 $5,880 $1,261 $4,619
2017 $438 $5,410 $1,041 $4,369
2016 $583 $5,410 $1,041 $4,369
2015 $824 $7,118 $1,041 $6,077
2014 $730 $6,501 $851 $5,650
2013 $704 $6,501 $851 $5,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10458233

Midwest Real Estate Data (MRED)

APN: 20-11-307-020-1013