NOT LISTED FOR SALE

5502 W Jackson Blvd Chicago, IL 60644

Austin Neighborhood

Estimated Value: $245,000 - $354,000

3 Beds
4 Baths
1,638 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $142,000 $87 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,810/month

10 Days on Market

Highlights

  • Home Office
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • Detached Garage
  • Property is near a bus stop

About This Home

As of December 2016

CORNER LOT ONE OF AUSTIN'S NEWER HOMES- TWO STORY HOME WITH A FINISH BASEMENT WITH A FULL BATHROOM. HOME HAS A CONTEMPORARY LAYOUT WITH NICE SIZE BEDROOMS, LARGE KITCHEN, AND UNDERGROUND SPRINKLER SYSTEM.

Last Agent to Sell the Property

La Shawn K Ford

Ford Desired Real Estate LLC License #471010759 Listed on: 11/03/2016

Last Buyer's Agent

Don Thompson

Hunter's Realty, Inc. License #475144626

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,942

Year Built

  • 1999

Lot Details

  • 4,269

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Frame Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Home Office

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Finished Basement

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

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,942

Year Built

1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: Commuter Bus
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1999
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 12X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 10X10, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1638
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X12, On Level: Basement, Flooring: Other

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 125
  • Parcel Identification Number: 16161090360000

Tax Info

  • Taxes: 2341

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
Luke Levie and Luke Linda S
Bought by
Luke Levie and Luke Linda S
Current Estimated Value
$304,685

Purchase Details

Listed on
Nov 3, 2016
Closed on
Dec 29, 2016
Sold by
Thompson Charles Vanesa and Thompson Scott Vanesa M
Bought by
Luke Levie
Seller's Agent
La Shawn K Ford
Ford Desired Real Estate LLC
Buyer's Agent
Don Thompson
Hunter's Realty, Inc.
List Price
$149,500
Sold Price
$142,000
Premium/Discount to List
-$7,500
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$139,428
Outstanding Balance
$117,161
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$143,658

Purchase Details

Closed on
Feb 9, 2009
Sold by
Young Kimberly Davis
Bought by
Scott Thompson Vanesa M and Thompson Charles Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,010
Interest Rate
4.91%
Mortgage Type
VA

Purchase Details

Closed on
Feb 13, 2001
Sold by
Austin Homes Llc
Bought by
Young Kimberly Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,461
Interest Rate
7.1%
Mortgage Type
FHA
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
Luke Levie -- None Available
Luke Levie $142,000 Fidelity National Title
Scott Thompson Vanesa M $140,000 Chicago Title Insurance Co
Young Kimberly Davis $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luke Levie $139,428
Previous Owner Scott Thompson Vanesa M $143,010
Previous Owner Young Kimberly Davis $200,000
Previous Owner Young Kimberly Davis $50,000
Previous Owner Young Kimberly Davis $216,750
Previous Owner Young Kimberly Davis $194,400
Previous Owner Young Kimberly Davis $171,100
Previous Owner Young Kimberly Davis $158,461
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $142,000 -5.0% $87 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
11/13/2016 11/13/16 Price Changed $149,500 +7.2% $91 / Sq Ft
11/06/2016 11/06/16 Price Changed $139,500 -6.7% $85 / Sq Ft
11/03/2016 11/03/16 For Sale $149,500 -- $91 / 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 $1,942 $24,000 $6,845 $17,155
2023 $1,953 $24,000 $5,561 $18,439
2022 $1,953 $24,000 $5,561 $18,439
2021 $1,859 $23,999 $5,561 $18,438
2020 $1,780 $14,195 $5,561 $8,634
2019 $1,791 $15,773 $5,561 $10,212
2018 $1,894 $15,773 $5,561 $10,212
2017 $2,209 $17,265 $4,919 $12,346
2016 $2,601 $17,265 $4,919 $12,346
2015 $2,683 $17,265 $4,919 $12,346
2014 $2,341 $15,188 $4,705 $10,483
2013 $2,284 $15,188 $4,705 $10,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09381341

Midwest Real Estate Data (MRED)

APN: 16-16-109-036-0000