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5118 West 24th Place

5118 West 24th Place, Cicero, IL 60804
Property in Cicero
Sold Dec 13, 2001
$145,000
$142,881 by Guaranty Residential Lending I
Mortgage Due Dec 01, 2031
Sold Jun 20, 2001
$77,000
5118 West 24th Place has been categorized by the local assessors in Cicero, IL as a residential type of property. The building on the property was first built in 1890 and is 134 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5118 West 24th Place has 1,470 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,725 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5118 West 24th Place sold most recently in Nov 27, 2001 for a total of $145,000. If you work out the math, that's approximately a cost of $98.64 per sqft. Before that, the property was also sold for $77,000 in Jun 5, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,258 in taxes each year. 5118 West 24th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,000. If we break it down further, the land itself was valued at $5,079. Improvements to the property, however, were assessed at a total of $14,921. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,725
  • Total Building Area: 1,470
  • Gross Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORTON PARK SUB NE SEC 28-39-13
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FELICIANO VICTOR
  • Current Owner 2: FELICIANO SANDRA
  • Previous Owner : PAV JOSEPH J
  • Owner Before Previous Owner: OLD KENT BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 813802

Geography

  • District: 15
  • Parcel: 16-28-215-041-0000
  • Block: 9
  • Lot: 40,39
  • Meridian: SEC 28 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8468
  • Longitude: -87.7525

    Address

  • Full Address: 5118 W 24th Pl
  • Address - House Number: 5118
  • Street Direction: W
  • Address - Street Name: 24th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Cicero
  • Carrier Code: C028
  • 4-Digit Zip Code: 2905
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,258
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 208,767
  • High Value: 262,111
  • Low Value: 155,422

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $176,131
  • First Open Lien Mortgage Lender: GUARANTY RESIDENTIAL LENDING I
  • First Open Lien Mortgage Recording Date: Dec 13, 2001
  • First Open Lien Mortgage Loan Amount: $142,881
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2031
  • Second Open Lien Mortgage Lender: MIDLAND MORTGAGE
  • Second Open Lien Mortgage Recording Date: May 04, 2015
  • Second Open Lien Mortgage Loan Amount: $33,250
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2045

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $50,790
  • Market Improvement Value: $149,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $5,079
  • Assessed Improvements Value: $14,921

    Sales

  • Current Sale Contract Date: Nov 27, 2001
  • Current Sale Recording Date: Dec 13, 2001
  • Current Sale Transaction ID: 1083899118
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0011181371
  • Previous Sale Recording Date: Jun 20, 2001
  • Previous Sale Contract Date: Jun 05, 2001
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY RESIDENTIAL LENDING I
  • First Mortgage Transaction Date: Dec 13, 2001
  • First Mortgage Loan Amount: $142,881
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2031

About Cicero



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Frequently Asked Questions

What neighborhood is 5118 West 24th Place located in?
The 5118 West 24th Place is a located in the neighborhood of Cicero in Cicero, Cicero.
What is the average sales price for listings in 5118 West 24th Place?
The average sales price for units in 5118 West 24th Place is $0 currently.

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