NOT LISTED FOR SALE

5224 W Drummond Place Chicago, IL 60639

Cragin Neighborhood

Estimated Value: $365,000 - $494,000

5 Beds
3 Baths
1,833 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $189,000 $103 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,566/month

164 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • 2-minute walk to Cragin Park
  • Detached Garage
  • Central Air

About This Home

As of April 2015

BRICK BUNGALOW LOCATED ON A QUIET STREET ACROSS FROM CRAGIN PARK. THIS HOME FEATURES A LARGE SQUARE FOOTAGE, IN-LAW SUITE ON 2ND FLOOR WITH SEPARATE UTILITIES, LARGE NEWER REAR DECK, DETACHED 2 CAR GARAGE, TOO MUCH TO LIST! SOLD IN "AS-IS" CONDITION/TAXES AT 100%/NO SURVEY. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 11/08/2014 . HOMESTEPS FINANCING AVAILABLE

Last Agent to Sell the Property

Jay Chandran

Jay C Realty, Inc. License #471009988 Listed on: 10/20/2014

Co-Listed By

Nijesh Chandran

Jay C Realty, Inc. License #471021136

Last Buyer's Agent

Kurt Breitlander

Baird & Warner License #471004313

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,367

Year Built

  • 1925

Lot Details

  • 3,485

Parking

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

Home Design

  • Bungalow
  • Brick Exterior Construction

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • No Tub in Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,367

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Bungalow
  • Type Detached: 2 Stories
  • Estimated Year Built: 1925
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Bathroom Amenities: No Tub
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 8X10, On Level: Main Level
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 8X8, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 9X9, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 8X8, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 9X9, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1833

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0854

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

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 13283110270000

Tax Info

  • Taxes: 4217.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2014
Closed on
Apr 22, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Moran Erika M
Seller's Agent
Jay Chandran
Jay C Realty, Inc.
Buyer's Agent
Kurt Breitlander
Baird & Warner
List Price
$179,900
Sold Price
$189,000
Premium/Discount to List
$9,100
5.06%
Current Estimated Value
$404,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,127
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Nov 5, 2013
Sold by
Silva Jesus
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 17, 2005
Sold by
Silva Jesus
Bought by
Silva Jesus and Silva Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2003
Sold by
Mashni John and Mashni Maysa
Bought by
Silva Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 13, 2001
Sold by
Eqal Naser and Eqal Aya
Bought by
Mashni John and Mashni Maysa
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
Moran Erika M $189,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Silva Jesus -- Cti
Silva Jesus $329,000 --
Mashni John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silva Jesus $124,000
Previous Owner Silva Jesus $261,000
Previous Owner Silva Jesus $78,000
Previous Owner Silva Jesus $263,200
Closed Silva Jesus $65,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2015 04/29/15 Sold $189,000 +5.1% $103 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $179,900 0.0% $98 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $179,900 0.0% $98 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
01/31/2015 01/31/15 For Sale $179,900 0.0% $98 / Sq Ft
01/06/2015 01/06/15 Pending -- -- --
12/26/2014 12/26/14 Price Changed $179,900 -5.3% $98 / Sq Ft
11/21/2014 11/21/14 Price Changed $189,900 -5.8% $104 / Sq Ft
10/20/2014 10/20/14 For Sale $201,600 -- $110 / 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 $4,367 $34,000 $6,882 $27,118
2023 $4,236 $24,000 $5,580 $18,420
2022 $4,236 $24,000 $5,580 $18,420
2021 $4,160 $24,003 $5,583 $18,420
2020 $4,721 $24,283 $4,650 $19,633
2019 $4,796 $27,285 $4,650 $22,635
2018 $4,714 $27,285 $4,650 $22,635
2017 $5,131 $27,198 $4,092 $23,106
2016 $4,950 $27,198 $4,092 $23,106
2015 $4,506 $27,198 $4,092 $23,106
2014 $4,314 $25,803 $3,720 $22,083
2013 $4,218 $25,803 $3,720 $22,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08756724

Midwest Real Estate Data (MRED)

APN: 13-28-311-027-0000