NOT LISTED FOR SALE

5242 W Wellington Ave Chicago, IL 60641

Cragin Neighborhood

Estimated Value: $344,000 - $473,000

3 Beds
2 Baths
1,611 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $195,000 $121 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,579/month

105 Days on Market

About This Home

As of August 2015

This is Fannie Mae Homepath property. Recently updated throughout- Specious 3bedrooms(tandem bedrooms on second floor)/1.5 bath. Brick English- Ready for move in-Nice size yard w/2 car garage. Close to public transportation, schools, shopping, etc. A must see!. First time buyers can receive up to 3% closing cost assistance! Restrictions apply. Ask for more details.

Last Agent to Sell the Property

Charles Michalak

Homesmart Connect LLC Listed on: 03/23/2015

Co-Listed By

Ivelina Stoyanova

HomeSmart Connect LLC License #475132693

Last Buyer's Agent

Renata Moruszewicz

Chicagoland Brokers, Inc. License #475144437

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,423

Year Built

  • 1946

Lot Details

  • 3,485

Parking

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

Home Design

  • 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

Listing and Financial Details

  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,423

Year Built

1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1946
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X09, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 22X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1611

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0861

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, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30X125
  • Parcel Identification Number: 13281150200000

Tax Info

  • Taxes: 4201.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
Jul 16, 2015
Sold by
Fannie Mae
Bought by
Salgado Maria
Seller's Agent
Charles Michalak
Homesmart Connect LLC
Buyer's Agent
Renata Moruszewicz
Chicagoland Brokers, Inc.
List Price
$225,900
Sold Price
$195,000
Premium/Discount to List
-$30,900
-13.68%
Current Estimated Value
$402,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,680
Avg. Annual Appreciation
7.34%
Original Mortgage
$185,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2014
Sold by
Karpinski Richard E and Karpinski Richard
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salgado Maria -- Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salgado Maria $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $195,000 -9.3% $121 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/02/2015 06/02/15 Price Changed $214,900 -4.9% $133 / Sq Ft
05/29/2015 05/29/15 For Sale $225,900 0.0% $140 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $225,900 0.0% $140 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $225,900 -- $140 / 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 $5,423 $33,001 $6,938 $26,063
2023 $5,265 $29,000 $5,625 $23,375
2022 $5,265 $29,000 $5,625 $23,375
2021 $5,166 $29,003 $5,628 $23,375
2020 $4,108 $21,534 $4,687 $16,847
2019 $4,175 $24,196 $4,687 $19,509
2018 $4,103 $24,196 $4,687 $19,509
2017 $4,964 $26,421 $4,125 $22,296
2016 $4,794 $26,421 $4,125 $22,296
2015 $4,363 $26,421 $4,125 $22,296
2014 $4,297 $25,712 $3,750 $21,962
2013 $4,201 $25,712 $3,750 $21,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08869155

Midwest Real Estate Data (MRED)

APN: 13-28-115-020-0000