NOT LISTED FOR SALE

5508 W Potomac Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $199,000 - $372,000

4 Beds
2 Baths
1,116 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $115,000 $103 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,736/month

181 Days on Market

Highlights

  • Whirlpool Bathtub
  • Fenced Yard
  • Breakfast Bar
  • Lower Floor Utility Room
  • Detached Garage
  • 4-minute walk to Davis Park

About This Home

As of April 2016

Chicago Bungalow with hardwood floors through out-spacious living room and dining room area with huge kitchen. Full finished attic with 2 bedrooms, semi finished basement with additional bathroom. House Sold AS-IS, need minor cosmetic repairs.

Last Agent to Sell the Property

Elizabeth Marcelo

Chicagoland Brokers, Inc. License #475132950 Listed on: 08/28/2015

Chicagoland Brokers, Inc.

Co-Listed By

Pedro Velez

Real People Realty Inc License #475138501

Last Buyer's Agent

Antonio Lavagnolli

Metropolitan Realty & Development Corp License #475148446

Home Details

Home Type

  • Single Family

Year Built

  • 1919

Lot Details

  • Southern Exposure
  • Fenced Yard

Parking

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

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • Whirlpool Bathtub
  • Lower Floor Utility Room

Kitchen

  • Breakfast Bar
  • Dishwasher

Partially Finished Basement

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1919

Lot Details

3,746 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1919
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 11X19, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Dishwasher
  • Attic: Finished
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Utility Room-Lower Level
  • Master Bedroom: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Utility Room-Lower Level, Dimensions: 10X12, On Level: Basement
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 15X11, On Level: Attic, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 12X11, On Level: Attic, Flooring: Vinyl, Windows: None
  • Estimated Sq Ft: 1116
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 130
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 16041230230000

Tax Info

  • Taxes: 1864.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2013
Sold by
Redmond Kelvin Bernard
Bought by
Watts Redmond Danielle
Current Estimated Value
$280,705

Purchase Details

Closed on
Apr 28, 2009
Sold by
Eddie Austin
Bought by
Watts Redmond Danielle D and Redmond Kelvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Outstanding Balance
$60,961
Interest Rate
4.85%
Mortgage Type
FHA
Estimated Equity
$219,744
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Watts Redmond Danielle -- None Available
Watts Redmond Danielle D $100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts Redmond Danielle D $98,188
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2016 04/25/16 Sold $115,000 0.0% $103 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $115,000 0.0% $103 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $115,000 0.0% $103 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $115,000 -- $103 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $3,309 $18,700 $4,688 $14,012
2024 $3,309 $18,700 $4,688 $14,012
2023 $3,204 $19,000 $3,750 $15,250
2022 $3,204 $19,000 $3,750 $15,250
2021 $3,151 $19,000 $3,750 $15,250
2020 $1,729 $10,863 $3,656 $7,207
2019 $1,736 $12,071 $3,656 $8,415
2018 $1,835 $12,723 $3,656 $9,067
2017 $2,542 $11,809 $3,187 $8,622
2016 $1,865 $11,809 $3,187 $8,622
2015 $1,683 $11,809 $3,187 $8,622
2014 $1,864 $12,616 $3,000 $9,616
2013 $1,816 $12,616 $3,000 $9,616
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Marcelo

    Seller's Agent in 2016

    Elizabeth Marcelo

    Chicagoland Brokers, Inc.

    (847) 571-5378

    20 Total Sales

    Elizabeth Marcelo
    Section Image
  • Pedro Velez

    Seller Co-Listing Agent in 2016

    Pedro Velez

    Real People Realty Inc

    (773) 988-6543

    13 Total Sales

    Pedro Velez
    Section Image

  • A

    Buyer's Agent in 2016

    Antonio Lavagnolli

    Metropolitan Realty & Development Corp

    (773) 230-7562

    1 in this area

    10 Total Sales

    Antonio Lavagnolli
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09024145

Midwest Real Estate Data (MRED)

APN: 16-04-123-023-0000

Illinois Cook County Chicago 60651 Austin

5508 W Potomac Ave, Chicago, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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