NOT LISTED FOR SALE

5701 S Homan Ave Chicago, IL 60629

Gage Park Neighborhood

Estimated Value: $236,000 - $288,000

4 Beds
2 Baths
897 Sq Ft
$292/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $230,000 $256 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,625/month

5 Days on Market

About This Home

As of December 2021

BEAUTIFUL BRICK HOUSE CORNER LOT, THIS HOME FEATURES LIVING ROOM DINING, KITCHEN WITH 4-BEDROOMS 1.5 BATHS, FULL UNFISHED BASEMENT, NEW SIDING ON GARAGE AND BACK OF HOME... NEARBY SCHOOLS AND PARKS GREAT LOCATION LOCATION LOCATION

Last Agent to Sell the Property

Jose Cortez

Golden Enterprise Realty Inc License #471013872 Listed on: 10/29/2021

Last Buyer's Agent

Juan Soto

REMAX Legends License #471018447

REMAX Legends

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,758

Year Built

  • 1921

Lot Details

  • 3,049

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,758

Year Built

1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Take 55th street down to Homan and 57th
  • Lot Size: 30X125
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1921

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Frame
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Other
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 1865.82
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 16, 2021
Sold by
Martinez Katheryn K and Barrett Katheryn K
Bought by
Urrea Juan Manuel Partida and Sanchez Maria D
Seller's Agent
Jose Cortez
Golden Enterprise Realty Inc
Buyer's Agent
Juan Soto
REMAX Legends
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%
Current Estimated Value
$261,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,739
Avg. Annual Appreciation
3.51%
Original Mortgage
$213,900
Outstanding Balance
$198,502
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$63,237

Purchase Details

Closed on
Aug 30, 2001
Sold by
Dorencz Mary J
Bought by
Martinez Katheryn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,718
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2000
Sold by
Dorencz Raymond and Dorencz Mary J
Bought by
Dorencz Raymond and Dorencz Mary J
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
Urrea Juan Manuel Partida $230,000 Old Republic National Title
Martinez Katheryn K $126,500 Professional National Title
Dorencz Raymond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urrea Juan Manuel Partida $213,900
Previous Owner Martinez Silvio $76,445
Previous Owner Martinez Katheryn K $102,718
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $230,000 +0.4% $256 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $229,000 -- $255 / 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 $2,758 $17,000 $1,664 $15,336
2023 $2,689 $13,000 $2,829 $10,171
2022 $2,689 $13,000 $2,829 $10,171
2021 $1,944 $12,999 $2,828 $10,171
2020 $1,834 $11,281 $2,828 $8,453
2019 $1,899 $12,820 $2,828 $9,992
2018 $1,866 $12,820 $2,828 $9,992
2017 $1,253 $9,158 $2,496 $6,662
2016 $1,343 $9,158 $2,496 $6,662
2015 $1,206 $9,158 $2,496 $6,662
2014 $1,233 $9,160 $2,329 $6,831
2013 $1,197 $9,160 $2,329 $6,831
Source: Public Records

Agents Affiliated with this Home

  • Jose Cortez

    Seller's Agent in 2021

    Jose Cortez

    Golden Enterprise Realty Inc

    (773) 680-7640

    2 in this area

    108 Total Sales

    Jose Cortez
    Section Image
  • Juan Soto

    Buyer's Agent in 2021

    Juan Soto

    RE/MAX

    (773) 858-5349

    1 in this area

    124 Total Sales

    Juan Soto
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11258642

Midwest Real Estate Data (MRED)

APN: 19-14-217-001-0000

Illinois Cook County Chicago 60629 Gage Park

5701 S Homan Ave, Chicago, IL

This home is located at 5701 S Homan Ave, Chicago, IL 60629 since 29 October 2021 and is currently estimated at $261,739, approximately $291 per square foot. This property was built in 1921. 5701 S Homan Ave is a home located in Cook County with nearby schools including Monarcas Academy, Hernandez Middle School, and Solorio Acad High School.

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