NOT LISTED FOR SALE

5500 W 127th St Unit 6 Alsip, IL 60803

Estimated Value: $109,000 - $129,000

2 Beds
1 Bath
808 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $40,000 $50 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,056/month

58 Days on Market

About This Home

As of February 2013

2 bedroom 1 bath condo close to expressways, shopping and schools Eligible under the Freddie Mac 1st look initiative for first 15 days on the market, Buyer responsible for village requirements. Taxes prorated at 100%. Seller may pay up to 3% closing costs.

Last Agent to Sell the Property

Jim Kennedy

Kennedy Connection Realtors Listed on: 11/27/2012

Last Buyer's Agent

Steven Loerop

Village Realty, Inc. License #475128554

Village Realty, Inc.

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,015

Year Built

  • 1971

Lot Details

  • 0.46

HOA Fees

  • $170 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Galley Kitchen
  • North or South Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$3,015

Year Built

1971

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Type Attached: Condo
  • Unit Floor Level: 3
  • Special Features: 20
  • Stories: 3
  • Year Built: 1971

Interior Features

  • Number Of Rooms: 5
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X11
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X11
  • Living Room Level: Main Level
  • Living Room Size: 17X12
  • Dining Room Level: Main Level
  • Dining Room Size: 10X7
  • Dining Room Flooring: Ceramic Tile
  • Kitchen Type: Galley
  • Kitchen Level: Main Level
  • Kitchen Size: 9X8
  • Kitchen Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK
  • Common Area Amenities: Coin Laundry
  • Assessment/Association Fees: 170
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: U

Fee Information

  • Management Company: Alsip Manor

Schools

  • Junior High Dist: 126

Lot Info

  • Lot Dimensions: CONDO

Multi Family

  • Total Number Unitsin Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Feb 5, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kopeikin Richard
Seller's Agent
Jim Kennedy
Kennedy Connection Realtors
Buyer's Agent
Steven Loerop
Village Realty, Inc.
List Price
$48,900
Sold Price
$40,000
Premium/Discount to List
-$8,900
-18.2%
Current Estimated Value
$119,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,548
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Jul 30, 2012
Sold by
Olson Kristin G
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 8, 2006
Sold by
Tresch Michael K
Bought by
Olson Kristin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,700
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2005
Sold by
Great Lakes Trust Co Na
Bought by
Tresch Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Kopeikin Richard $40,000 None Available
Federal Home Loan Mortgage Corporation -- None Available
Olson Kristin G $119,000 Cti
Tresch Michael $950,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Kristin G $118,700
Previous Owner Tresch Michael $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2013 02/22/13 Sold $40,000 +0.3% $50 / Sq Ft
01/24/2013 01/24/13 Pending -- -- --
01/11/2013 01/11/13 Price Changed $39,900 -18.4% $49 / Sq Ft
11/27/2012 11/27/12 For Sale $48,900 -- $61 / 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 $3,015 $9,101 $1,250 $7,851
2023 $3,273 $9,101 $1,250 $7,851
2022 $3,273 $8,152 $1,875 $6,277
2021 $3,114 $8,150 $1,874 $6,276
2020 $3,078 $8,150 $1,874 $6,276
2019 $2,444 $6,238 $1,696 $4,542
2018 $2,352 $6,238 $1,696 $4,542
2017 $2,369 $6,238 $1,696 $4,542
2016 $2,076 $5,356 $1,428 $3,928
2015 $2,060 $5,356 $1,428 $3,928
2014 $2,106 $5,671 $1,428 $4,243
2013 $1,693 $7,559 $1,428 $6,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08225797

Midwest Real Estate Data (MRED)

APN: 24-28-304-026-1006