NOT LISTED FOR SALE

5501 W Lawrence Ave Unit 1C Chicago, IL 60630

Jefferson Park Neighborhood

Estimated Value: $184,863 - $230,000

2 Beds
1 Bath
877 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $90,000 $103 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,491/month

310 Days on Market

Highlights

  • Breakfast Bar
  • Taft High School Rated A-
  • 4-minute walk to Jefferson (Thomas) Memorial Park

About This Home

As of January 2014

JEFFERSON PARK TWO BEDROOM CONDO ACROSS FROM PARK. WALK TO SHOPPING AND TRANSPORTATION PARKING SPACE INCLUDED. NICELY UPDATED UNIT. NOT A SHORTSALE OR FORECLOSURE. EXTRA STORAGE IN UNIT. UNIT DOES NOT FACE STREET. ASSESMENT INCLUDES HEAT.

Last Agent to Sell the Property

Steve Lauer

Allgood Real Estate, LLC License #475124785 Listed on: 01/08/2013

Last Buyer's Agent

Bill Karner

Re/Max Cityview License #475151978

Re/Max Cityview

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,729

Year Built

  • 1965

Lot Details

  • 7,187

HOA Fees

  • $237 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar

Parking

  • Parking Available
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$1,729

Year Built

1965

Lot Details

0

HOA Fees

$237 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Type Attached: Condo
  • Unit Floor Level: 1
  • Special Features: None
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Number Of Rooms: 4
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 11X13
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X11
  • Living Room Level: Main Level
  • Living Room Size: 20X12
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 14X12
  • Additional Rooms: No additional rooms

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley, Off Street
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Cooling: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Common Area Amenities: Coin Laundry, Storage
  • Assessment/Association Fees: 237
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: U

Fee Information

  • Management Company: Self Managed

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2013
Closed on
Jan 3, 2014
Sold by
Keller Judith A
Bought by
Mcdermott Maureen
Seller's Agent
Steve Lauer
Allgood Real Estate, LLC
Buyer's Agent
Bill Karner
Re/Max Cityview
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Current Estimated Value
$211,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,716
Avg. Annual Appreciation
7.51%
Original Mortgage
$72,000
Outstanding Balance
$55,098
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$156,619

Purchase Details

Closed on
May 25, 2009
Sold by
Bartz Genevieve H
Bought by
Keller Judith A

Purchase Details

Closed on
May 16, 1996
Sold by
Burke Patrick
Bought by
Burke Family Trust

Purchase Details

Closed on
Nov 20, 1995
Sold by
Zenteno Alejandro and Canales Elizabeth
Bought by
Burke Patrick

Purchase Details

Closed on
Mar 25, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Zenteno Alejandro and Canales Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.17%
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
Mcdermott Maureen $90,000 Pntn
Keller Judith A $103,000 Multiple
Burke Family Trust -- --
Burke Patrick $95,500 Attorneys Natl Title Network
Zenteno Alejandro $61,666 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Maureen $72,000
Previous Owner Zenteno Alejandro $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2014 01/03/14 Sold $90,000 -10.0% $103 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
11/12/2013 11/12/13 Price Changed $100,000 -9.1% $114 / Sq Ft
01/08/2013 01/08/13 For Sale $110,000 -- $125 / 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 $1,729 $13,977 $3,100 $10,877
2023 $1,664 $11,512 $2,480 $9,032
2022 $1,664 $11,512 $2,480 $9,032
2021 $2,285 $14,693 $2,479 $12,214
2020 $2,519 $14,412 $1,284 $13,128
2019 $2,545 $16,098 $1,284 $14,814
2018 $2,501 $16,098 $1,284 $14,814
2017 $1,407 $9,912 $1,151 $8,761
2016 $1,485 $9,912 $1,151 $8,761
2015 $1,336 $9,912 $1,151 $8,761
2014 $1,028 $8,107 $1,062 $7,045
2013 $996 $8,107 $1,062 $7,045
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Steve Lauer

    Allgood Real Estate, LLC

    (630) 904-6600

    1 in this area

    18 Total Sales

    Steve Lauer
    Section Image
  • Bill Karner

    Buyer's Agent in 2014

    Bill Karner

    RE/MAX

    (773) 983-3576

    4 in this area

    65 Total Sales

    Bill Karner
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08245584

Midwest Real Estate Data (MRED)

APN: 13-16-101-029-1007

Illinois Cook County Chicago 60630 Jefferson Park

5501 W Lawrence Ave Unit 1C, Chicago, IL

This home is located at 5501 W Lawrence Ave Unit 1C, Chicago, IL 60630 since 08 January 2013 and is currently estimated at $211,716, approximately $241 per square foot. This property was built in 1965. 5501 W Lawrence Ave Unit 1C is a home located in Cook County with nearby schools including Prussing Elementary School, Taft High School, and St. Constance School.

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