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5364 North Magnet Avenue

5364 North Magnet Avenue, Chicago, IL 60630
Property in Gladstone Park
Sold Jan 06, 2021
$405,000
$397,664 by American Pacific Mortgage Corp
Mortgage Due Nov 01, 2050
Sold Jan 12, 2005
$400,000
$320,000 by Greenpoint Mortgage Funding In
Mortgage Due Nov 01, 2034
5364 North Magnet Avenue in Chicago, IL was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5364 North Magnet Avenue has 1,948 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,190 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water 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, 5364 North Magnet Avenue sold most recently in Sep 18, 2020 for a total of $405,000. If you work out the math, that's approximately a cost of $207.91 per sqft. Before that, the property was also sold for $400,000 in Oct 29, 2004. 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 $7,616 in taxes each year. 5364 North Magnet Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,000. If we break it down further, the land itself was valued at $10,380. Improvements to the property, however, were assessed at a total of $26,620. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,190
  • Total Building Area: 1,948
  • Gross Building Area: 1,948
  • Building Area: 1,948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,948
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOUCKS ADD TO JEFFERSON
  • Land Acres: 0.119
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: C.N.(LOUCKS) ADD TO (JEFFERSON) SUB OF BLKS 5-6 IN O. H. HORTONS SUB IN EH NE SEC 08-40-13

Ownership

  • Current Owner : RODRIGUEZ ABRAHAM
  • Previous Owner : LYNCH MICHAEL P
  • Owner Before Previous Owner: SZCZEWSKI SUZANNE M
  • Owner Before Previous Owner 2: VLACH ELAINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 110200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jul 02, 2045
  • District: 71
  • Parcel: 13-08-223-042-0000
  • Block: 5,6
  • Lot: 28,29
  • Meridian: SEC 08 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9783
  • Longitude: -87.772

    Address

  • Full Address: 5364 N Magnet Ave
  • Address - House Number: 5364
  • Street Direction: N
  • Address - Street Name: Magnet
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 1216
  • Zip Code: 60630

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,616
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 442,150
  • High Value: 555,127
  • Low Value: 329,172

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $431,301
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 06, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $397,664
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Dec 26, 2023
  • Second Open Lien Mortgage Loan Amount: $33,637
  • Second Open Lien Mortgage Term: 322
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $103,800
  • Market Improvement Value: $266,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $10,380
  • Assessed Improvements Value: $26,620

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Jan 06, 2021
  • Current Sale Transaction ID: 11810765153
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2100613067
  • Previous Sale Recording Date: Jan 12, 2005
  • Previous Sale Contract Date: Oct 29, 2004
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 06, 2021
  • First Mortgage Loan Amount: $397,664
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • Previous Mortgage Transaction Date: Jan 12, 2005
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 01, 2034

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5364 North Magnet Avenue located in?
The 5364 North Magnet Avenue is a located in the neighborhood of Gladstone Park in Northwest Side, Chicago.
What is the average sales price for listings in 5364 North Magnet Avenue?
The average sales price for units in 5364 North Magnet Avenue is $0 currently.

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