NOT LISTED FOR SALE

5831 Madison St Morton Grove, IL 60053

Estimated Value: $376,000 - $458,000

3 Beds
2 Baths
1,100 Sq Ft
$369/Sq Ft Est. Value

Last Sold September 02, 2014

Last sale price $285,000 $259 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,905/month

39 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • L-Shaped Dining Room
  • Madison Elementary School Rated A-
  • Full Attic
  • 3-minute walk to Austin Park

About This Home

As of September 2014

BEAUTIFUL AND CLEAN TUCK-POINTED BRICK RANCH WITH HARD WOOD FLOORS THRU-OUT MAIN LEVEL.. NEWER ROOF, FENCE, DRYER, REFRIGERATOR & WATER HEATER. FULL FINISHED BASEMENT WITH AN EXTRA ROOM CAN BE BED ROOM OR OFFICE ROOM ,SECOND KITCHEN AND DRY BAR. CLOSE TO LIBRARY, VILLAGE HALL, PARK & SHOPPING CENTERS. A MUST SEE HOME !!

Last Agent to Sell the Property

Mohan Sebastian

Achieve Real Estate Group Inc License #475127432 Listed on: 06/06/2014

Last Buyer's Agent

Sumaiya Patel

Guidance Realty License #475147426

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,034

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 45x125

Parking

  • 1.5 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Living Room
  • L-Shaped Dining Room
  • Recreation Room
  • Full Attic

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • Madison Elementary School
  • Lincoln Junior High School
  • Niles West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,034

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1958
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Room Type: Recreation Room
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: L-shaped
  • Attic: Full

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 299900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: MADISON ELEMENTARY SCHOOL
  • High School: NILES WEST HIGH SCHOOL
  • Middle/Junior School: LINCOLN JUNIOR HIGH SCHOOL
  • Middle/Junior School District: 69

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 45X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6034.41
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Sep 2, 2014
Sold by
Sebastian Mohan and Sebastian Saramma
Bought by
Patel Mohsin Y and Patel Samimbanu A
Seller's Agent
Mohan Sebastian
Achieve Real Estate Group Inc
Buyer's Agent
Sumaiya Patel
Guidance Realty
List Price
$309,900
Sold Price
$285,000
Premium/Discount to List
-$24,900
-8.03%
Current Estimated Value
$406,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,198
Avg. Annual Appreciation
3.43%
Original Mortgage
$7,500
Interest Rate
4.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 25, 2005
Sold by
Patel Gulam Ahmed I
Bought by
Sebastian Mohan and Sebastian Saramma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,200
Interest Rate
5.71%
Mortgage Type
Balloon

Purchase Details

Closed on
May 7, 1999
Sold by
Patel Gulam Ahmed I and Patel Zohra G
Bought by
Patel Gulam Ahmed I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.04%

Purchase Details

Closed on
Jan 21, 1996
Sold by
Patel Gulam Ahmed I and Patel Zohra G
Bought by
Patel Gulam Ahmed I and Patel Zohra G
Source: Public Records

Range of Values:

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Average Value
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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
Patel Mohsin Y $285,000 Affinity Title Services Llc
Sebastian Mohan $348,000 Rtc
Patel Gulam Ahmed I -- --
Patel Gulam Ahmed I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Morsin Y $231,600
Closed Patel Mohsin Y $7,500
Closed Patel Mohsin Y $256,500
Previous Owner Mohan Sara $280,003
Previous Owner Sebastian Saramma $287,000
Previous Owner Sebastian Saramma $295,000
Previous Owner Sebastian Mohan $302,500
Previous Owner Sebastian Mohan $313,200
Previous Owner Patel Gulamahmed I $160,000
Previous Owner Patel Gulam Ahmed I $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2014 09/02/14 Sold $285,000 -5.0% $259 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
06/19/2014 06/19/14 Price Changed $299,900 -3.2% $273 / Sq Ft
06/05/2014 06/05/14 For Sale $309,900 -- $282 / 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 $8,305 $28,220 $7,254 $20,966
2023 $8,753 $28,220 $7,254 $20,966
2022 $8,753 $30,000 $7,254 $22,746
2021 $8,201 $24,727 $4,464 $20,263
2020 $8,203 $24,727 $4,464 $20,263
2019 $8,169 $27,784 $4,464 $23,320
2018 $6,483 $20,710 $4,045 $16,665
2017 $7,915 $24,415 $4,045 $20,370
2016 $8,580 $26,809 $4,045 $22,764
2015 $6,627 $17,787 $3,487 $14,300
2014 $5,555 $17,787 $3,487 $14,300
2013 $5,520 $17,787 $3,487 $14,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08636511

Midwest Real Estate Data (MRED)

APN: 10-20-407-038-0000