NOT LISTED FOR SALE

5218 W Drummond Place Chicago, IL 60639

Cragin Neighborhood

Estimated Value: $336,000 - $458,000

3 Beds
3 Baths
1,765 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $115,000 $65 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $2,675/month

7 Days on Market

About This Home

As of August 2013

Attractive 3 bedrooms 1.5 bath Single Family Home with a full basement. Built in 1925, brick home is approx 1800 sq. ft., located near parks and schools close. This property is eligible under the Freddie Mac First Look Initiative through 7/19/2013.

Last Agent to Sell the Property

Saul Zenkevicius

Z Team Listed on: 07/05/2013

Last Buyer's Agent

Pedro Rosales

PROSALES REALTY License #471018945

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,056

Year Built

  • 1925

Lot Details

  • 3,485

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Property Details

Home Type

Other

Est. Annual Taxes

$6,056

Year Built

1925

Lot Details

0

Interior Features

  • Total # Of Rooms: 6
  • Basement: Full
  • Basement: Unfinished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 14X10
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 15X10
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 12X14
  • Living Room Level: Main Level
  • Living Room Size: 17X17
  • Dining Room Level: Main Level
  • Dining Room Size: 15X13
  • Kitchen Level: Main Level
  • Kitchen Size: 14X13

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Radiant

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3720 SQ.FT.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2013
Closed on
Jul 23, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ayala Rafael and Ayala Piedad I
Seller's Agent
Saul Zenkevicius
Z Team
Buyer's Agent
Pedro Rosales
PROSALES REALTY
List Price
$114,900
Sold Price
$115,000
Premium/Discount to List
$100
0.09%
Current Estimated Value
$392,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,893
Avg. Annual Appreciation
10.16%
Original Mortgage
$133,480
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2013
Sold by
Ponce Meinardo and Ponce Meinardo D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 17, 1997
Sold by
Kahler Kimberly and Kahler Judy
Bought by
Ponce Meinardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,300
Interest Rate
7.35%
Mortgage Type
FHA
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
Ayala Rafael $115,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Ponce Meinardo $119,500 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayala Rafael $133,480
Previous Owner Ponce Meinardo $60,000
Previous Owner Ponce Meinardo $30,000
Previous Owner Ponce Meinardo $152,000
Previous Owner Ponce Meinardo $118,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $115,000 +0.1% $65 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $114,900 -- $65 / 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 $6,056 $36,000 $6,882 $29,118
2023 $5,882 $32,000 $5,580 $26,420
2022 $5,882 $32,000 $5,580 $26,420
2021 $5,769 $32,003 $5,583 $26,420
2020 $4,555 $23,536 $4,650 $18,886
2019 $4,988 $28,241 $4,650 $23,591
2018 $4,903 $28,241 $4,650 $23,591
2017 $5,051 $26,824 $4,092 $22,732
2016 $5,376 $26,824 $4,092 $22,732
2015 $4,918 $26,824 $4,092 $22,732
2014 $3,866 $20,823 $3,720 $17,103
2013 $3,952 $24,344 $3,720 $20,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08386675

Midwest Real Estate Data (MRED)

APN: 13-28-311-029-0000