$245,623
SOLD AUG 27, 2019

5220 S Dorchester Ave Unit 2N Chicago, IL 60615

Hyde Park Neighborhood
2 Beds
1 Bath
-- Sq Ft
7,492 Sq Ft Lot

Recently Sold

29% Above List Price

About This Home

As of February 2022

SOLD BEFORE PROCESSING

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 05/03/2019

RE/MAX Premier

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,446

Year Built

  • 1925

Home Design

  • Brick Exterior Construction

Utilities

  • Radiator
  • Lake Michigan Water

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,446

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1925
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1925

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 14X17, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 8X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X14, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Management Phone: 000-000-0000X0000

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20114090281002

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 1

Tax Info

  • Taxes: 2627.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 15, 2022
Sold by
Capc Usa Llc
Bought by
Reed William G and Palacio Andrea Bustos
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Brittany Strale
Redfin Corporation
List Price
$359,900
Sold Price
$340,000
Premium/Discount to List
-$19,900
-5.53%
Current Estimated Value
$359,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,997
Avg. Annual Appreciation
1.83%
Original Mortgage
$272,000
Outstanding Balance
$254,003
Interest Rate
3.55%
Estimated Equity
$108,502

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 2, 2022
Sold by
Capc Usa Llc
Bought by
Reed William G and Palacio Andrea Bustos
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Brittany Strale
Redfin Corporation
List Price
$359,900
Sold Price
$340,000
Premium/Discount to List
-$19,900
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$254,003
Interest Rate
3.55%
Estimated Equity
$108,502

Purchase Details

Closed on
May 22, 2019
Sold by
Njcc Fund 5 Reo Subsidiary Llc
Bought by
Capc Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,285,273
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2018
Sold by
Fondren Eric
Bought by
Njcc Fund 5 Reo Subsidiary Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $340,000 --
Warranty Deed $340,000 --
Special Warranty Deed $190,132 Selectitle Llc
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 No Value Available
Closed $272,000 No Value Available
Previous Owner $9,285,273 Commercial
Previous Owner $252,690 New Conventional
Previous Owner $260,000 Unknown
Previous Owner $105,303 Credit Line Revolving
Previous Owner $73,000 Credit Line Revolving
Previous Owner $156,000 Balloon
Previous Owner $75,000 Credit Line Revolving
Previous Owner $44,007 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $340,000 -5.5% --
01/05/2022 01/05/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $359,900 +46.5% --
08/27/2019 08/27/19 Sold $245,623 +29.2% --
05/03/2019 05/03/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $190,132 -- --
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 $4,446 $34,000 $7,747 $26,253
2023 $4,319 $21,001 $6,248 $14,753
2022 $4,319 $21,001 $6,248 $14,753
2021 $4,223 $20,999 $6,247 $14,752
2020 $3,868 $17,364 $4,998 $12,366
2019 $3,110 $18,910 $4,998 $13,912
2018 $3,057 $18,910 $4,998 $13,912
2017 $2,628 $15,581 $4,123 $11,458
2016 $2,621 $15,581 $4,123 $11,458
2015 $2,374 $15,581 $4,123 $11,458
2014 $2,283 $14,874 $3,373 $11,501
2013 $2,227 $14,874 $3,373 $11,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10366923

Midwest Real Estate Data (MRED)

APN: 20-11-409-028-1002