5029 South Tripp Avenue

5029 South Tripp Avenue in Chicago, IL was first built in 1920 and is 104 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. 5029 South Tripp Avenue has 1,075 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 3,780 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached 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 frame 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 wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 5029 South Tripp Avenue was last sold in Sep 3, 2014 for $220,000. According to our calculations, that's $204.65 per sqft. Prior to that sales transaction, the property was sold for $32,000 in Dec 31, 2013. Current property owners are expected to pay $2,809 in taxes per year. The property on 5029 South Tripp Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $17,000. To break that down further, the land itself was valued at $3,780. While improvements to the property were assessed at a total of $13,220. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.