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5358 North Ludlam Avenue

5358 North Ludlam Avenue, Chicago, IL 60630
Property in Jefferson Park
Sold Nov 18, 2003
Transfer
Buyer
Seller
$140,000 by Selfreliance Ukrainian America
Mortgage Due May 01, 2047
Sold Jan 27, 1998
Transfer
Local assessors in Chicago, IL have categorized 5358 North Ludlam Avenue as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 3,760 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 7 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. 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 5358 North Ludlam Avenue has a total of 1,513 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 detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $5,936 in taxes each year. 5358 North Ludlam Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,000. If we break it down further, the land itself was valued at $7,520. Improvements to the property, however, were assessed at a total of $27,480. 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. 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!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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 3,760
  • Total Building Area: 1,513
  • Gross Building Area: 1,513
  • Building Area: 1,513
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,513
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VESEYS JEFFERSON PARK & FOREST
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A J (VESEYS) (JEFFERSON) PARK & (FOREST) GLEN ADD TO CHICAGO SUB OF SUB-LT3 OF LT8 & ALL LTS 4-5,9 IN ANDERSONS SUB, LYG NORT

Ownership

  • Current Owner : PETRI JOHN
  • Previous Owner : BARR HAZEL
  • Owner Before Previous Owner: ASSOCIATED BANK GLADSTONE NORWOOD
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 110501

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Dec 02, 2045
  • District: 71
  • Parcel: 13-09-130-040-0000
  • Block: 3
  • Lot: 3-5,8
  • Meridian: SEC 09 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9791
  • Longitude: -87.7625

    Address

  • Full Address: 5358 N Ludlam Ave
  • Address - House Number: 5358
  • Street Direction: N
  • Address - Street Name: Ludlam
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C043
  • 4-Digit Zip Code: 1412
  • Zip Code: 60630

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,936
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 363,727
  • High Value: 400,503
  • Low Value: 326,952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: SELFRELIANCE UKRAINIAN AMERICA
  • First Open Lien Mortgage Recording Date: Apr 07, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2047

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $75,200
  • Market Improvement Value: $274,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $7,520
  • Assessed Improvements Value: $27,480

    Sales

  • Current Sale Contract Date: Sep 17, 2003
  • Current Sale Recording Date: Nov 18, 2003
  • Current Sale Transaction ID: 1073408423
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0332226009
  • Previous Sale Recording Date: Jan 27, 1998
  • Previous Sale Contract Date: Dec 18, 1997
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL CITY MORTGAGE CO
  • First Mortgage Transaction Date: Nov 18, 2003
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Oct 01, 2033

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Frequently Asked Questions

What neighborhood is 5358 North Ludlam Avenue located in?
The 5358 North Ludlam Avenue is a located in the neighborhood of Jefferson Park in Northwest Side, Chicago.
What is the average sales price for listings in 5358 North Ludlam Avenue?
The average sales price for units in 5358 North Ludlam Avenue is $0 currently.

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