NOT LISTED FOR SALE

5640 S Washtenaw Ave Chicago, IL 60629

Gage Park Neighborhood

Estimated Value: $235,965 - $349,000

4 Beds
2 Baths
1,200 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 27, 2012

Last sale price $56,500 $47 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $1,665/month

15 Days on Market

About This Home

As of December 2012

FORECLOSED BUNGALOW WITH NEWER WINDOWS, SOLD AS IS. HAS GREAT POTENTIAL. CLOSE TO HIGH SCHOOL AND SHOPPING. PART FIN BASEMENT, NEEDS WORK BUT HAS PARTIAL KITCHEN AND BATHROOM. PROPERTY SUBJECT TO FREDDIE MAC FIRST LOOK PROGRAM UNTIL 11/15/2012. SEE WINTER SALES PROMOTION DOWNLOAD.

Last Agent to Sell the Property

Barbara Thouvenell Baffoe

P.R.S. Associates, Inc. License #471000236 Listed on: 10/31/2012

Last Buyer's Agent

Felipe Garcia

RE/MAX MI CASA License #475135903

RE/MAX MI CASA

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,267

Year Built

  • 1936

Lot Details

  • 3,920

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Finished Basement

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

Utilities

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

Property Details

Home Type

Other

Est. Annual Taxes

$2,267

Year Built

1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Type Detached: 1.5 Story
  • Special Features: 20
  • Year Built: 1936

Interior Features

  • Number Of Rooms: 8
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X12
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X10
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 12X12
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 11X12
  • Living Room Level: Main Level
  • Living Room Size: 12X12
  • Dining Room Level: Main Level
  • Dining Room Size: 11X10
  • Family Room Level: Basement
  • Family Room Size: 12X15
  • Kitchen Level: Main Level
  • Kitchen Size: 11X10
  • Additional Rooms: No additional rooms

Exterior Features

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

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2012
Closed on
Nov 26, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sanchez Sergio Hernandez
Seller's Agent
Barbara Thouvenell Baffoe
P.R.S. Associates, Inc.
Buyer's Agent
Felipe Garcia
RE/MAX MI CASA
List Price
$57,900
Sold Price
$56,500
Premium/Discount to List
-$1,400
-2.42%
Current Estimated Value
$278,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,741
Avg. Annual Appreciation
13.42%

Purchase Details

Closed on
Sep 20, 2012
Sold by
Sotelo Jose L and Sotelo Jose
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 14, 2003
Sold by
Capiak Juanita
Bought by
Sotelo Jose L
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
Sanchez Sergio Hernandez $56,500 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Sotelo Jose L $115,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sotelo Jose L $50,000
Previous Owner Sotelo Jose L $36,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2012 12/27/12 Sold $56,500 -2.4% $47 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
10/31/2012 10/31/12 For Sale $57,900 -- $48 / 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 $2,267 $15,000 $2,000 $13,000
2023 $2,188 $14,000 $3,200 $10,800
2022 $2,188 $14,000 $3,200 $10,800
2021 $2,146 $14,000 $3,200 $10,800
2020 $1,671 $10,554 $3,200 $7,354
2019 $1,704 $11,859 $3,200 $8,659
2018 $1,675 $11,859 $3,200 $8,659
2017 $1,205 $8,938 $2,800 $6,138
2016 $1,299 $8,938 $2,800 $6,138
2015 $1,166 $8,938 $2,800 $6,138
2014 $1,019 $8,018 $2,600 $5,418
2013 $1,470 $8,018 $2,600 $5,418
Source: Public Records

Agents Affiliated with this Home

  • Barbara Thouvenell Baffoe

    Seller's Agent in 2012

    Barbara Thouvenell Baffoe

    P.R.S. Associates, Inc.

    (773) 233-5500

    1 in this area

    255 Total Sales

    Barbara Thouvenell Baffoe
    Section Image

  • F

    Buyer's Agent in 2012

    Felipe Garcia

    RE/MAX

    (708) 257-9329

    8 in this area

    71 Total Sales

    Felipe Garcia
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08211619

Midwest Real Estate Data (MRED)

APN: 19-13-206-032-0000

Illinois Cook County Chicago 60629 Gage Park

5640 S Washtenaw Ave, Chicago, IL

This home is located at 5640 S Washtenaw Ave, Chicago, IL 60629 since 31 October 2012 and is currently estimated at $278,241, approximately $231 per square foot. This property was built in 1936. 5640 S Washtenaw Ave is a home located in Cook County with nearby schools including Carson Elementary School, Gage Park High School, and Acero - Rufino Tamayo Elementary School.

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