NOT LISTED FOR SALE

5838 Main St Morton Grove, IL 60053

Estimated Value: $417,000 - $513,000

4 Beds
2 Baths
1,334 Sq Ft
$336/Sq Ft Est. Value

Last Sold January 04, 2013

Last sale price $212,000 $159 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,088/month

95 Days on Market

Highlights

  • Ranch Style House
  • Home Office
  • Enclosed Patio or Porch
  • Park View Elementary School Rated A
  • Fenced Yard
  • 1-minute walk to Austin Park

About This Home

As of January 2013

Fannie Mae property approved for Homepath financing, buy for as low as 3% down payment! Great price on this rare find brick ranch near Austin Park. 3 bedrooms + basement bdrm, newer roof, furnace, central air, windows, and appliances with newer kitchen. Garage with home entry, fenced yard and patio. Minutes to I-94. $1300, M/M tenant could stay. Owner occupant offers only first 15DOM. Possible asbestos tiles in ENP

Last Agent to Sell the Property

Charles Nicholson

Nicholson Real Estate Inc. License #471006150 Listed on: 07/26/2012

Last Buyer's Agent

Rusen Rusev

Runway Realty Inc License #471017132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,863

Year Built

  • 1954

Lot Details

  • Southern Exposure
  • Fenced Yard

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Home Office
  • Galley Kitchen

Finished Basement

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

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,863

Year Built

1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: 1st Floor Bedroom
  • Number Of Rooms: 9
  • Living Room: Dimensions: 23X12, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X07, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X08, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Galley
  • Additional Rooms: Enclosed Porch, Office
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 13X07, On Level: Main Level, Flooring: Other
  • Additional Room 2 Name: Office, Dimensions: 12X12, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X07, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X09, On Level: Basement, Flooring: Other
  • Estimated Sq Ft: 1334
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 12X11, On Level: Basement, Flooring: Other

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 219
  • Elementary School: PARK VIEW ELEMENTARY SCHOOL
  • Middle School: PARK VIEW ELEMENTARY SCHOOL
  • High School: NILES WEST HIGH SCHOOL
  • Junior High Dist: 70

Lot Info

  • Lot Dimensions: 50X114
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 10202290600000

Tax Info

  • Taxes: 6474

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2012
Closed on
Dec 28, 2012
Sold by
Federal National Mortgage Association
Bought by
Spasov Kamen
Seller's Agent
Charles Nicholson
Nicholson Real Estate Inc.
Buyer's Agent
Rusen Rusev
Runway Realty Inc
List Price
$234,500
Sold Price
$212,000
Premium/Discount to List
-$22,500
-9.59%
Current Estimated Value
$447,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,756
Avg. Annual Appreciation
6.01%
Original Mortgage
$169,250
Outstanding Balance
$30,880
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$416,876

Purchase Details

Closed on
Apr 12, 2012
Sold by
Altman Alon
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 29, 2007
Sold by
Altman Alon
Bought by
Altman Alon and Galay Altman Racheli

Purchase Details

Closed on
Jun 19, 2003
Sold by
Young Kim Byung Soo and Young Lee Soo
Bought by
Altman Alon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 25, 1995
Sold by
Ganther Catherine
Bought by
Lee Soo Young and Kim Byung Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,600
Interest Rate
8.39%
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
Spasov Kamen $212,000 Premier Title
Federal National Mortgage Association -- Premier Title
Altman Alon -- Ctic
Altman Alon $311,000 Chicago Title Insurance Comp
Lee Soo Young $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spasov Kamen $169,250
Previous Owner Altman Alon $200,000
Previous Owner Lee Soo Young $112,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2013 01/04/13 Sold $212,000 -5.7% $159 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/15/2012 10/15/12 Price Changed $224,900 -4.1% $169 / Sq Ft
10/08/2012 10/08/12 For Sale $234,500 0.0% $176 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
08/27/2012 08/27/12 Price Changed $234,500 -7.9% $176 / Sq Ft
07/26/2012 07/26/12 For Sale $254,500 -- $191 / 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 $8,863 $34,000 $7,670 $26,330
2023 $8,416 $34,000 $7,670 $26,330
2022 $8,416 $34,000 $7,670 $26,330
2021 $7,480 $26,651 $4,720 $21,931
2020 $7,352 $26,651 $4,720 $21,931
2019 $7,425 $29,946 $4,720 $25,226
2018 $7,391 $26,859 $4,277 $22,582
2017 $7,465 $26,859 $4,277 $22,582
2016 $7,300 $26,859 $4,277 $22,582
2015 $6,390 $22,453 $3,687 $18,766
2014 $6,401 $22,453 $3,687 $18,766
2013 $6,236 $22,453 $3,687 $18,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08124148

Midwest Real Estate Data (MRED)

APN: 10-20-229-060-0000