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5026 South Lamon Avenue

5026 South Lamon Avenue, Chicago, IL 60638
House in Vittum Park
Sold Oct 25, 2018
$246,500
$244,500 by Nationstar Mortgage Llc
Mortgage Due Sep 01, 2052
Sold Dec 16, 2004
$260,000
$208,000 by Real Mortgage Corp
Mortgage Due Dec 01, 2034
5026 South Lamon Avenue in Chicago, IL was first built in 1942 and is 82 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 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5026 South Lamon Avenue has 1,008 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 5,040 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 detached garage. There are a total of 2 available parking spaces. 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. The property was last sold in Oct 18, 2018 for $246,500. That's $244.54 per sqft. Prior to that sales transaction, the property was also sold in Nov 9, 2004 for $260,000. 5026 South Lamon Avenue was last assessed in 2023. The total value of the property was assessed at $20,000. Specifically, the land the property is located on was valued at $5,040. While improvements on the property were assessed at a total of $14,960. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,137. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,040
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FREDERICK H BARTLETTS CENTRAL
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH20 FT LOT8 & N20 FT LOT9 BLK55 E2NE4 S09 T38N R13E 3P

Ownership

  • Current Owner : HALEY MARILENA
  • Current Owner 2: BROWN ELIZABETH
  • Previous Owner : MARTINEZ RAFAEL
  • Previous Owner 2: MARTINEZ OFELIA
  • Owner Before Previous Owner: HAUPT ERIC W
  • Owner Before Previous Owner 2: HAUPT EDNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 560300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 00E-64-14
  • District: 72
  • Parcel: 19-09-229-054-0000
  • Block: 55
  • Lot: 8
  • Meridian: SEC 09 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.8013
  • Longitude: -87.7458

    Address

  • Full Address: 5026 S Lamon Ave
  • Address - House Number: 5026
  • Street Direction: S
  • Address - Street Name: Lamon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C041
  • 4-Digit Zip Code: 2105
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,137
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 292,318
  • High Value: 359,066
  • Low Value: 225,570

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,500
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 30, 2022
  • First Open Lien Mortgage Loan Amount: $244,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $50,400
  • Market Improvement Value: $149,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $5,040
  • Assessed Improvements Value: $14,960

    Sales

  • Current Sale Contract Date: Oct 18, 2018
  • Current Sale Recording Date: Oct 25, 2018
  • Current Sale Transaction ID: 11523606319
  • Current Sale Price: $246,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1829817058
  • Previous Sale Recording Date: Dec 16, 2004
  • Previous Sale Contract Date: Nov 09, 2004
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BBMC MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 25, 2018
  • First Mortgage Loan Amount: $242,034
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: REAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 16, 2004
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Dec 01, 2034

About Southwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,753 /mo

  • 1 Bed
  • 1 Bath
  • 841 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5026 South Lamon Avenue located in?
The 5026 South Lamon Avenue is a house located in the neighborhood of Vittum Park in Southwest Side, Chicago.
What is the average sales price for listings in 5026 South Lamon Avenue?
The average sales price for units in 5026 South Lamon Avenue is $0 currently.

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