NOT LISTED FOR SALE

5506 N Lotus Ave Chicago, IL 60630

Jefferson Park Neighborhood

Estimated Value: $426,764 - $479,000

3 Beds
2 Baths
1,146 Sq Ft
$393/Sq Ft Est. Value

Last Sold September 10, 2015

Last sale price $267,700 $234 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,806/month

7 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Lower Floor Utility Room
  • William Howard Taft High School Rated A-
  • Home Office
  • Detached Garage

About This Home

As of September 2015

Say hello to affordable ownership! Solid, sunny brick 3 BR 2 Bath raised ranch in "Jefferson Park" w/ hardwood floors on main level. Security system, finished basement w/ family room, 4th BR-office, updated bath, utility room & storage. Fenced, oversized lot w/ neat landscaping, 2.5 car garage, backyard & patio for grilling. Good location, near schools, shopping, freeways & transportation. Come see how well it fits!

Last Agent to Sell the Property

Jessie Leszanczuk

Realty Zone, LLC License #471005454 Listed on: 07/10/2015

Last Buyer's Agent

Robert Bank

Coldwell Banker Realty License #475147576

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,364

Year Built

  • 1952

Lot Details

  • 3,920

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Home Office
  • Lower Floor Utility Room
  • Wood Flooring

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,364

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1952
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 19X12, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Office, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 12X11, On Level: Basement, Flooring: Vinyl
  • Additional Room 2 Name: Utility Room-Lower Level, Dimensions: 20X10, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1146
  • Family Room: Dimensions: 22X19, On Level: Basement, Flooring: Vinyl

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0955

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 33.3 X 125
  • Parcel Identification Number: 13091020540000

Tax Info

  • Taxes: 4119.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Sep 10, 2015
Sold by
Salinas Rodolfo A and Salinas Diana
Bought by
Bank Robert A and Bank Monica S
Seller's Agent
Jessie Leszanczuk
Realty Zone, LLC
Buyer's Agent
Robert Bank
Coldwell Banker Realty
List Price
$267,700
Sold Price
$267,700
Current Estimated Value
$450,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,991
Avg. Annual Appreciation
5.27%
Original Mortgage
$262,850
Outstanding Balance
$205,317
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$245,374

Purchase Details

Closed on
Jul 23, 1999
Sold by
Brownstein Albert D and Brownstein Ruth M
Bought by
Salinas Rodolfo A and Salinas Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
7.25%
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
Bank Robert A $268,000 First American Title
Salinas Rodolfo A $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bank Robert A $262,850
Previous Owner Salinas Rodolfo A $180,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2015 09/10/15 Sold $267,700 0.0% $234 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $267,700 -- $234 / 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 $5,364 $31,640 $10,405 $21,235
2023 $5,207 $28,723 $8,324 $20,399
2022 $5,207 $28,723 $8,324 $20,399
2021 $5,437 $30,350 $8,324 $22,026
2020 $4,681 $24,103 $5,618 $18,485
2019 $4,972 $28,164 $5,618 $22,546
2018 $4,888 $28,164 $5,618 $22,546
2017 $4,619 $24,820 $4,994 $19,826
2016 $4,473 $24,820 $4,994 $19,826
2015 $4,070 $24,820 $4,994 $19,826
2014 $4,214 $25,264 $4,578 $20,686
2013 $4,120 $25,264 $4,578 $20,686
Source: Public Records

Agents Affiliated with this Home

  • Jessie Leszanczuk

    Seller's Agent in 2015

    Jessie Leszanczuk

    Realty Zone, LLC

    (847) 400-6060

    2 Total Sales

    Jessie Leszanczuk
    Section Image

  • R

    Buyer's Agent in 2015

    Robert Bank

    Coldwell Banker Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08979438

Midwest Real Estate Data (MRED)

APN: 13-09-102-054-0000

Illinois Cook County Chicago 60630 Jefferson Park

5506 N Lotus Ave, Chicago, IL

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