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5246 South Kolin Avenue

5246 South Kolin Avenue, Chicago, IL 60632
Property in Archer Heights
Sold Aug 05, 2003
$380,000
$300,000 by Midwest Equity Mortgage Llc
Mortgage Due May 04, 2035
Sold Jun 05, 2000
$268,000
$241,200 by Washington Mutual Bank Fa
Mortgage Due Apr 01, 2030
Local assessors in Chicago, IL have categorized 5246 South Kolin Avenue as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 4,006 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 14 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5246 South Kolin Avenue has a total of 3,722 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 central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jun 13, 2003 for $380,000. That's $102.10 per sqft. Prior to that sales transaction, the property was also sold in Mar 22, 2000 for $268,000. 5246 South Kolin Avenue was last assessed in 2023. The total value of the property was assessed at $36,722. Specifically, the land the property is located on was valued at $4,006. While improvements on the property were assessed at a total of $32,716. 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 $7,553. 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. 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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,006
  • Total Building Area: 3,722
  • Gross Building Area: 3,722
  • Building Area: 3,722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,722
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PAIGE & PIERCES
  • Land Acres: 0.092
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: W2SE4E2SW4 S10 T38N R13E 3P

Ownership

  • Current Owner : DURAN MARIA
  • Previous Owner : BURCIAGA MARCELO
  • Previous Owner 2: BURCIAGA ORALLA B
  • Owner Before Previous Owner: JTI INVESTMENTS LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 570500

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-10-404-056-0000
  • Lot: 9
  • Meridian: SEC 10 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7971
  • Longitude: -87.7322

    Address

  • Full Address: 5246 S Kolin Ave
  • Address - House Number: 5246
  • Street Direction: S
  • Address - Street Name: Kolin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C052
  • 4-Digit Zip Code: 4912
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,553
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 440,784
  • High Value: 553,412
  • Low Value: 328,155

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 21, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 04, 2035

    Market Valuation

  • Market Total Value: $367,220
  • Market Land Value: $40,060
  • Market Improvement Value: $327,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,722
  • Assessed Land Value: $4,006
  • Assessed Improvements Value: $32,716

    Sales

  • Current Sale Contract Date: Jun 13, 2003
  • Current Sale Recording Date: Aug 05, 2003
  • Current Sale Transaction ID: 1145243329
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0321711287
  • Previous Sale Recording Date: Jun 05, 2000
  • Previous Sale Contract Date: Mar 22, 2000
  • Previous Sale Amount: $268,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDAMERICA BANK FSB
  • First Mortgage Transaction Date: Aug 05, 2003
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jul 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jun 05, 2000
  • Previous Mortgage Loan Amount: $241,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 01, 2030

About Southwest Side



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Frequently Asked Questions

What neighborhood is 5246 South Kolin Avenue located in?
The 5246 South Kolin Avenue is a located in the neighborhood of Archer Heights in Southwest Side, Chicago.
What is the average sales price for listings in 5246 South Kolin Avenue?
The average sales price for units in 5246 South Kolin Avenue is $0 currently.

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