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5405 South Nagle Avenue

5405 South Nagle Avenue, Chicago, IL 60638
Sold Nov 17, 2017
$231,000
$215,000 by Us Bank Na
Mortgage Due Sep 25, 2036
5405 South Nagle 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 1953 and is 71 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5405 South Nagle Avenue has 1,091 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 4,750 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 is one available parking space. 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, 5405 South Nagle Avenue sold most recently in Nov 10, 2017 for a total of $231,000. If you work out the math, that's approximately a cost of $211.73 per sqft. 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 $4,027 in taxes each year. 5405 South Nagle Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,001. If we break it down further, the land itself was valued at $5,938. Improvements to the property, however, were assessed at a total of $17,063. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,091
  • Gross Building Area: 1,091
  • Building Area: 1,091
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,091
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADD TO BARTLETTS
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FREDK H BARTLETTS (FIRST) ADD TO (BARTLETTS)(HIGHLAND S) SUB OF EH SE SEC 07-38-13

Ownership

  • Current Owner : SALGADO JESSICA
  • Previous Owner : RAK JOHN M
  • Previous Owner 2: RAK TINA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 560900

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 00E-13-06
  • District: 72
  • Parcel: 19-07-431-031-0000
  • Lot: 43
  • Meridian: SEC 07 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.794
  • Longitude: -87.7827

    Address

  • Full Address: 5405 S Nagle Ave
  • Address - House Number: 5405
  • Street Direction: S
  • Address - Street Name: Nagle
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 2509
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,027
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2311
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 328,613
  • High Value: 404,570
  • Low Value: 252,655

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $215,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 25, 2036

    Market Valuation

  • Market Total Value: $230,010
  • Market Land Value: $59,380
  • Market Improvement Value: $170,630

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,001
  • Assessed Land Value: $5,938
  • Assessed Improvements Value: $17,063

    Sales

  • Current Sale Contract Date: Nov 10, 2017
  • Current Sale Recording Date: Nov 17, 2017
  • Current Sale Transaction ID: 11302382455
  • Current Sale Price: $231,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1732144080

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Nov 17, 2017
  • First Mortgage Loan Amount: $224,070
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 5405 South Nagle Avenue located in?
The 5405 South Nagle Avenue is a house located in the neighborhood of Garfield Ridge in Southwest Side, Chicago.
What is the average sales price for listings in 5405 South Nagle Avenue?
The average sales price for units in 5405 South Nagle Avenue is $0 currently.

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