NOT LISTED FOR SALE

5314 S Drexel Ave Unit 2S Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $308,000 - $413,000

3 Beds
2 Baths
1,500 Sq Ft
$282/mo HOA Fee

Last Sold August 30, 2021

Last sale price $305,000 $203 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,426/month

3 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Stainless Steel Appliances
  • Kenwood Academy High School Rated A-
  • Whirlpool Bathtub
  • 2-minute walk to Coleman (Bessie) Park

About This Home

As of August 2021

Sold prior to market

Last Agent to Sell the Property

Emily Phair

Keller Williams ONEChicago License #475137629 Listed on: 07/16/2021

Keller Williams ONEChicago

Co-Listed By

Kevin Hinton

Keller Williams ONEChicago License #475170825

Last Buyer's Agent

Beverly Bahm

Baird & Warner License #475123607

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,761

Lot Details

  • 6,273

HOA Fees

  • $282 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Living Room with Fireplace
  • Family or Dining Combination
  • Storage
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, lawn care, scavenger, snow removal
  • 8 Units
  • Property managed by Self-Managed

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,761

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Living Room Flooring: Hardwood
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 14X12
  • Bedroom 3 Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 315000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 282
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000

Fee Information

  • Association Fee Includes: Water, Insurance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4761.26
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 16, 2021
Sold by
Plachta Dylan
Bought by
Sims Carrie A and Root Sarah
Seller's Agent
Emily Phair
Keller Williams ONEChicago
Buyer's Agent
Beverly Bahm
Baird & Warner
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Current Estimated Value
$348,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,913
Avg. Annual Appreciation
3.31%
Original Mortgage
$213,500
Outstanding Balance
$194,138
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$154,775

Purchase Details

Listed on
Jun 26, 2016
Closed on
Nov 8, 2016
Sold by
Strickland Erik and Strickland Carla
Bought by
Plachta Dylan
Seller's Agent
David Hanna
Compass
Buyer's Agent
Kevin Hinton
Keller Williams ONEChicago
List Price
$270,000
Sold Price
$245,000
Premium/Discount to List
-$25,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$232,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2016
Sold by
Alison F Hunter
Bought by
Marinho Lauryn and Marinho Vinicius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011
Sold by
Fannie Mae
Bought by
Strickland Carla and Strickland Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2010
Sold by
Hayden
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 27, 1996
Sold by
D G Cubed Inc
Bought by
Hayden Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
7.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1996
Sold by
D G Cubed Inc
Bought by
Turner Nathan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
7.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Sims Carrie A $305,000 North American Title Company
Plachta Dylan $245,000 Fidelity National Title
Marinho Lauryn -- --
Strickland Carla $91,500 Atgf Inc
Federal National Mortgage Association -- None Available
Hayden Leo $143,000 --
Turner Nathan C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Carrie A $213,500
Previous Owner Plachta Dylan $232,750
Previous Owner Marinho Lauryn $196,000
Previous Owner Marinho Lauryn --
Previous Owner Strickland Carla $82,000
Previous Owner Hayden Leo $135,850
Previous Owner Turner Nathan C $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2021 08/30/21 Sold $305,000 -3.2% $203 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $315,000 +28.6% $210 / Sq Ft
12/09/2016 12/09/16 Sold $245,000 -3.9% $153 / Sq Ft View Prior Sale
09/27/2016 09/27/16 Pending -- -- --
09/02/2016 09/02/16 Price Changed $255,000 -1.9% $159 / Sq Ft
08/12/2016 08/12/16 Price Changed $260,000 -3.7% $163 / Sq Ft
06/26/2016 06/26/16 For Sale $270,000 -- $169 / 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 $3,533 $25,711 $5,735 $19,976
2023 $3,410 $20,000 $4,625 $15,375
2022 $3,410 $20,000 $4,625 $15,375
2021 $4,022 $19,999 $4,625 $15,374
2020 $4,761 $21,373 $3,700 $17,673
2019 $4,676 $23,275 $3,700 $19,575
2018 $4,598 $23,275 $3,700 $19,575
2017 $3,561 $16,543 $3,052 $13,491
2016 $3,313 $16,543 $3,052 $13,491
2015 $3,031 $16,543 $3,052 $13,491
2014 $3,227 $17,395 $2,497 $14,898
2013 $3,164 $17,395 $2,497 $14,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11158604

Midwest Real Estate Data (MRED)

APN: 20-11-314-033-1004