NOT LISTED FOR SALE

5568 S Archer Ave Unit 1C Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $147,194

2 Beds
1 Bath
660 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: December 26, 2012

Last sale price $35,000 $53 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $1,176 / mo

44 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Heating System Uses Steam
  • Resident Manager or Management On Site
  • Dining Room
  • Family Room

About This Home

As of December 2012

This is a bank owned property being sold in "AS-IS" and "WHERE-IS" condition. No survey, no termite nor disclosures. Tax prorations @ 100%. Buyer responsible for all inspections. E-money in certified funds only. Allow ample time for response. Condo association has the right of first refusal. (ROFR)

Last Agent to Sell the Property

Joseph Zacharda

Twin City Realtors & Builders License #471008226 Listed on: 10/18/2012

Last Buyer's Agent

Jose Cortez

Golden Enterprise Realty Inc License #471013872

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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 0.46

HOA Fees

  • $218 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 660 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 9 Units

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0.46 Acres

HOA Fees

$218 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Garden Unit
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Condo,Garden Unit
  • Year Built: 1972
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: 1028
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 660
  • Room Type: No additional rooms
  • Stories Total: 1
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Steam, Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 218
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2009.19
  • Tax Year: 2011
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 9

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2012
Closed on
Dec 14, 2012
Sold by
Bought by
Seller's Agent
Joseph Zacharda
Twin City Realtors & Builders
Buyer's Agent
Jose Cortez
Golden Enterprise Realty Inc
List Price
$45,900
Sold Price
$35,000
Premium/Discount to List
-$10,900
-23.75%
Current Estimated Value
$147,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,194
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,920
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 8, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
8.21%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$35,000 Chicago Title Insurance Comp
-- None Available
$140,000 Stewart Title Of Illinois
$114,900 Atg Search
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $133,000
Closed $91,920
Closed $66,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/26/2012 12/26/12 Sold $35,000 -23.7% $53 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $45,900 -- $70 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,110 $11,271 $1,196 $10,075
2024 $2,110 $14,340 $1,196 $13,144
2023 $2,057 $10,000 $957 $9,043
2022 $2,057 $10,000 $957 $9,043
2021 $2,011 $9,999 $956 $9,043
2020 $1,270 $5,700 $956 $4,744
2019 $1,292 $6,429 $956 $5,473
2018 $1,270 $6,429 $956 $5,473
2017 $1,348 $6,264 $861 $5,403
2016 $1,255 $6,264 $861 $5,403
2015 $1,148 $6,264 $861 $5,403
2014 $1,115 $6,012 $813 $5,199
2013 $2,008 $11,039 $813 $10,226
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08182809

Midwest Real Estate Data (MRED)

APN: 19-09-406-017-1012

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