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5022 Fargo Avenue

5022 Fargo Avenue, Skokie, IL 60077
Property in Skokie
Sold Jun 21, 2012
$218,000
$11,000 by Yadkin Bank
Mortgage
5022 Fargo Avenue in Skokie, IL was first built in 1954 and is 70 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5022 Fargo Avenue has 1,266 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,092 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5022 Fargo Avenue was last sold in May 24, 2012 for $218,000. According to our calculations, that's $172.20 per sqft. Current property owners are expected to pay $5,157 in taxes per year. The property on 5022 Fargo Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $22,470. To break that down further, the land itself was valued at $5,524. While improvements to the property were assessed at a total of $16,946. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,092
  • Total Building Area: 1,266
  • Gross Building Area: 1,266
  • Building Area: 1,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,266
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEORGE F NIXON & COS NILES COURT
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MURPHY STEPHANIE J
  • Previous Owner : MARTIN VIRGINIA JOAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Skokie-Fairview School District 72
  • Census Tract: 807700

Geography

  • District: 24
  • Parcel: 10-28-410-031-0000
  • Lot: 182
  • Meridian: SEC 28 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0166
  • Longitude: -87.7535

    Address

  • Full Address: 5022 Fargo Ave
  • Address - House Number: 5022
  • Address - Street Name: Fargo
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Skokie
  • Carrier Code: C013
  • 4-Digit Zip Code: 3352
  • Zip Code: 60077

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,157
  • Tax Rate Code Area: 24029

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 329,877
  • High Value: 405,202
  • Low Value: 254,553

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $11,000
  • First Open Lien Mortgage Lender: YADKIN BANK
  • First Open Lien Mortgage Recording Date: Sep 07, 2016
  • First Open Lien Mortgage Loan Amount: $11,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $224,700
  • Market Land Value: $55,240
  • Market Improvement Value: $169,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,470
  • Assessed Land Value: $5,524
  • Assessed Improvements Value: $16,946

    Sales

  • Current Sale Contract Date: May 24, 2012
  • Current Sale Recording Date: Jun 21, 2012
  • Current Sale Transaction ID: 1144013207
  • Current Sale Price: $218,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1217355017

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Jun 21, 2012
  • First Mortgage Loan Amount: $262,755
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2042

About Skokie



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Frequently Asked Questions

What neighborhood is 5022 Fargo Avenue located in?
The 5022 Fargo Avenue is a located in the neighborhood of Skokie in Skokie, Skokie.
What is the average sales price for listings in 5022 Fargo Avenue?
The average sales price for units in 5022 Fargo Avenue is $0 currently.

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