NOT LISTED FOR SALE

5816 S Michigan Ave Unit 3 Chicago, IL 60637

Washington Park Neighborhood

Estimated Value: $149,000 - $213,468

4 Beds
2 Baths
1,600 Sq Ft
$116/Sq Ft Est. Value

About This Home

This home is located at 5816 S Michigan Ave Unit 3, Chicago, IL 60637 and is currently estimated at $185,367, approximately $115 per square foot. 5816 S Michigan Ave Unit 3 is a home located in Cook County with nearby schools including Carter Elementary School, Wendell Phillips Academy High School, and CICS Washington Park.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2018
Sold by
Smith Tijuana
Bought by
Carter Sharice
Current Estimated Value
$185,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Outstanding Balance
$115,359
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$75,219

Purchase Details

Closed on
Aug 14, 2012
Sold by
Stonecrest Income And Opportunity Fund I
Bought by
Smith Tijuana

Purchase Details

Closed on
Nov 28, 2011
Sold by
Branch Banking & Trust Company
Bought by
Stonecrest Income & Opportunity Fund I L

Purchase Details

Closed on
May 10, 2011
Sold by
Patel Natavarlal
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Oct 28, 2009
Sold by
Siddique Mohammad
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 29, 2009
Sold by
5816 S Michigan Llc
Bought by
Patel Natavarlal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
5816 S Michigan Llc
Bought by
Khasanov Alisher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2008
Sold by
Elahi Anis
Bought by
5816 S Michigan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Elahi Anis

Purchase Details

Closed on
Oct 15, 2004
Sold by
Beck Mary
Bought by
Ct & T Trust #1109778

Purchase Details

Closed on
Jan 7, 1997
Sold by
Huddleston Christopher and Huddleston Jayson
Bought by
Beck Algon and Beck Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
7.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Carter Sharice $135,000 Attorney
Smith Tijuana $3,400 None Available
Stonecrest Income & Opportunity Fund I L -- None Available
Branch Banking & Trust Company -- None Available
Federal Home Loan Mortgage Corp -- None Available
Patel Natavarlal $257,000 First American Title Ins Co
Khasanov Alisher $240,000 First American Title Ins Co
5816 S Michigan Llc -- None Available
Siddique Mohammad $290,000 First American Title Ins Co
Elahi Anis $225,000 Atg Search
Ct & T Trust #1109778 $171,000 --
Beck Algon $80,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Sharice $130,950
Previous Owner Patel Natavarlal $205,600
Previous Owner Khasanov Alisher $156,000
Previous Owner Siddique Mohammad $203,000
Previous Owner Beck Algon $80,100
Source: Public Records

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 $2,540 $13,388 $6,792 $6,596
2023 $2,476 $12,000 $6,000 $6,000
2022 $2,476 $12,000 $6,000 $6,000
2021 $2,420 $11,999 $6,000 $5,999
2020 $3,867 $17,361 $3,299 $14,062
2019 $3,846 $19,144 $3,299 $15,845
2018 $3,782 $19,144 $3,299 $15,845
2017 $3,626 $16,846 $2,716 $14,130
2016 $3,374 $16,846 $2,716 $14,130
2015 $3,087 $16,846 $2,716 $14,130
2014 $2,922 $15,749 $2,328 $13,421
2013 $2,864 $15,749 $2,328 $13,421
Source: Public Records

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