NOT LISTED FOR SALE

5524 W Lawrence Ave Unit 3 Chicago, IL 60630

Jefferson Park Neighborhood

Estimated Value: $188,000 - $226,000

2 Beds
1 Bath
891 Sq Ft
$232/Sq Ft Est. Value

Last Sold October 10, 2013

Last sale price $67,001 $75 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,509/month

11 Days on Market

Highlights

  • Formal Dining Room
  • Taft High School Rated A-
  • 4-minute walk to Jefferson (Thomas) Memorial Park

About This Home

As of October 2013

Nice Condo Unit with large Living Room and Kitchen, Hardwood Floors and Ceramic Tiled Bath. HUD owned Home. Sold "AS IS". Case #137-405267. Insured Status: IE (Insured with Escrow). Escrow amount $1,815. Eligible for 203K Financing.

Last Agent to Sell the Property

Arthur Cirignani

Chicago Realty Partners, Ltd License #471005369 Listed on: 06/27/2013

Last Buyer's Agent

Kishore Purohit

Worth Clark Realty License #471003415

Worth Clark Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,533

Year Built

  • 1985

Lot Details

  • 8,320

HOA Fees

  • $215 per month

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$2,533

Year Built

1985

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Unit Floor Number: 1
  • Special Features: 20
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Total # Of Rooms: 5
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X14
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X12
  • Living Room Level: Main Level
  • Living Room Size: 14X17
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 8X12
  • Kitchen Level: Main Level
  • Kitchen Size: 12X20

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Assigned Spaces
  • Parking Type: Space/s

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Heat/Fuel: Baseboard

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Units in Building: 3
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 215

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Patel Savankumar and Patel Meghanaben P
Bought by
Suhrbur Wilbert F and Suhrbur Edward J
Current Estimated Value
$206,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Outstanding Balance
$116,492
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$90,077

Purchase Details

Closed on
Aug 9, 2021
Sold by
Patel Meghanaren and Patel Pravinbhai J
Bought by
Patel Savankumar and Patel Meghanaben P

Purchase Details

Listed on
Jun 27, 2013
Closed on
Oct 10, 2013
Sold by
Secretary Of Hud
Bought by
Patel Meghanaben and Patel Pravinbhai J
Seller's Agent
Arthur Cirignani
Chicago Realty Partners, Ltd
Buyer's Agent
Kishore Purohit
Worth Clark Realty
List Price
$60,000
Sold Price
$67,001
Premium/Discount to List
$7,001
11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$58,913
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2013
Sold by
Atamas Nicholas P
Bought by
Secretary Of Hud

Purchase Details

Closed on
Sep 15, 2006
Sold by
Atamas Nicholas P
Bought by
Atamas Nicholas P and Atamas Anna A

Purchase Details

Closed on
Aug 28, 2003
Sold by
Wagner James M
Bought by
Atamas Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 1994
Sold by
Yee Mark M
Bought by
Wagner James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.25%
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
Suhrbur Wilbert F $165,000 Altima Title
Patel Savankumar -- Citywide Title Corporation
Patel Meghanaben -- Fidelity National Title
Secretary Of Hud -- None Available
Atamas Nicholas P -- None Available
Atamas Nicholas $155,000 Heritage Title Co
Wagner James M $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suhrbur Wilbert F $123,750
Previous Owner Patel Meghanaben $58,913
Previous Owner Atamas Nicholas $147,250
Previous Owner Wagner James M $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2013 10/10/13 Sold $67,001 +11.7% $75 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $60,000 -- $67 / 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 $2,533 $16,283 $2,631 $13,652
2023 $1,765 $12,000 $2,121 $9,879
2022 $1,765 $12,000 $2,121 $9,879
2021 $1,744 $11,999 $2,121 $9,878
2020 $1,645 $10,481 $1,230 $9,251
2019 $1,648 $11,626 $1,230 $10,396
2018 $1,619 $11,626 $1,230 $10,396
2017 $2,008 $12,696 $1,103 $11,593
2016 $2,544 $12,696 $1,103 $11,593
2015 $2,328 $12,696 $1,103 $11,593
2014 $2,440 $13,140 $1,018 $12,122
2013 $2,392 $13,140 $1,018 $12,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08380744

Midwest Real Estate Data (MRED)

APN: 13-09-328-066-1003