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5314 South Francisco Avenue

5314 South Francisco Avenue, Chicago, IL 60632
Property in Gage Park
Sold Oct 09, 1998
$103,000
Sold Oct 21, 1994
$102,000
$80,000 by Citibank
Mortgage Due Nov 01, 2024
5314 South Francisco Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 5314 South Francisco Avenue has 1,317 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 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

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 detached garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. 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 masonry 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 masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 5314 South Francisco Avenue was last sold in Oct 2, 1998 for $103,000. According to our calculations, that's $78.21 per sqft. Prior to that sales transaction, the property was sold for $102,000 in Oct 3, 1994. Current property owners are expected to pay $1,516 in taxes per year. The property on 5314 South Francisco Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,000. To break that down further, the land itself was valued at $5,100. While improvements to the property were assessed at a total of $12,900. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,317
  • Gross Building Area: 1,317
  • Building Area: 1,317
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,317
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PHARES SUB
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W H (PHARES) SUB OF EH SW SEC 12-38-13

Ownership

  • Current Owner : PONCE ISRAEL
  • Current Owner 2: PONCE VALERIA
  • Previous Owner : PRADO RAMON C
  • Owner Before Previous Owner: CASTILLO DAVID
  • Owner Before Previous Owner 2: CASTILLO SYLVIA
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 630400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-12-318-045-0000
  • Block: 12
  • Lot: 7,6
  • Meridian: SEC 12 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7968
  • Longitude: -87.6979

    Address

  • Full Address: 5314 S Richmond St
  • Address - House Number: 5314
  • Street Direction: S
  • Address - Street Name: Richmond
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C030
  • 4-Digit Zip Code: 2234
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,516
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 270,509
  • High Value: 341,219
  • Low Value: 199,798

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $51,000
  • Market Improvement Value: $129,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $12,900

    Sales

  • Current Sale Contract Date: Oct 02, 1998
  • Current Sale Recording Date: Oct 09, 1998
  • Current Sale Transaction ID: 1133520876
  • Current Sale Price: $103,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 98908370
  • Previous Sale Recording Date: Oct 21, 1994
  • Previous Sale Contract Date: Oct 03, 1994
  • Previous Sale Amount: $102,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JVS FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Oct 09, 1998
  • First Mortgage Loan Amount: $82,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 02, 2028
  • Second Mortgage Loan Amount: $10,300

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK
  • Previous Mortgage Transaction Date: Oct 21, 1994
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2024

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Frequently Asked Questions

What neighborhood is 5314 South Francisco Avenue located in?
The 5314 South Francisco Avenue is a located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 5314 South Francisco Avenue?
The average sales price for units in 5314 South Francisco Avenue is $0 currently.

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