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5055 West 29th Place

5055 West 29th Place, Cicero, IL 60804
Property in Cicero
Sold Oct 11, 2005
$245,000
$220,500 by Long Beach Mortgage Co
Mortgage Due Oct 01, 2035
Sold Jun 20, 2005
$100,000
Local assessors in Cicero, IL have categorized 5055 West 29th Place as a residential type of property. The home was built in 1908 and is 116 years old. The property's lot size has been calculated to be 3,125 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 18 rooms in the home. Of these, 9 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5055 West 29th Place has a total of 2,546 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Sep 9, 2005 for $245,000. That's $96.23 per sqft. Prior to that sales transaction, the property was also sold in Apr 21, 2005 for $100,000. 5055 West 29th Place was last assessed in 2023. The total value of the property was assessed at $42,000. Specifically, the land the property is located on was valued at $3,359. While improvements on the property were assessed at a total of $38,641. 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 $7,429. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1908
  • Effective Year Built: 1908
  • Building Count: 2
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 2,546
  • Gross Building Area: 2,546
  • Building Area: 2,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORTON PARK ADD/JOHN CUDAHYS
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VALLADARES MARGARITA
  • Previous Owner : ALARCON PEDRO
  • Owner Before Previous Owner: GARNCARZ CELIA
  • Owner Before Previous Owner 2: GANSAC CECELIA THERESA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 814200

Geography

  • District: 15
  • Parcel: 16-28-422-006-0000
  • Block: 7
  • Lot: 9,10
  • Meridian: SEC 28 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8391
  • Longitude: -87.7515

    Address

  • Full Address: 5055 W 29th Pl
  • Address - House Number: 5055
  • Street Direction: W
  • Address - Street Name: 29th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Cicero
  • Carrier Code: C034
  • 4-Digit Zip Code: 3518
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,429
  • Tax Rate Code Area: 15002

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 397,873
  • High Value: 488,724
  • Low Value: 307,023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,500
  • First Open Lien Mortgage Lender: LONG BEACH MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Oct 11, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $220,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $33,590
  • Market Improvement Value: $386,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $3,359
  • Assessed Improvements Value: $38,641

    Sales

  • Current Sale Contract Date: Sep 09, 2005
  • Current Sale Recording Date: Oct 11, 2005
  • Current Sale Transaction ID: 1094177980
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0528411135
  • Previous Sale Recording Date: Jun 20, 2005
  • Previous Sale Contract Date: Apr 21, 2005
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LONG BEACH MORTGAGE CO
  • First Mortgage Transaction Date: Oct 11, 2005
  • First Mortgage Loan Amount: $220,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Oct 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Cicero



Similar Buildings

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Nearby Rentals

Unit for rent at 4909 W 14th Street, Cicero, IL, 60804

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 736 ft²
4909 W 14th Street #2F, Cicero, IL, 60804 Listing by Luz Renteria

Frequently Asked Questions

What neighborhood is 5055 West 29th Place located in?
The 5055 West 29th Place is a located in the neighborhood of Cicero in Cicero, Cicero.
What is the average sales price for listings in 5055 West 29th Place?
The average sales price for units in 5055 West 29th Place is $0 currently.

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