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5408 West Drummond Place

5408 West Drummond Place, Chicago, IL 60639
Property in Cragin
Sold Feb 05, 2019
$280,000
$274,928 by Bay Equity Llc
Mortgage Due Mar 01, 2049
Sold May 19, 2011
$100,000
$97,465 by Fifth Third Mortgage Co
Mortgage Due May 01, 2041
5408 West Drummond Place in Chicago, IL was first built in 1925 and is 99 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 unknown style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5408 West Drummond Place has 920 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. The linear feet across the front of the lot is 370 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 4,687 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 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, 5408 West Drummond Place sold most recently in Jan 28, 2019 for a total of $280,000. If you work out the math, that's approximately a cost of $304.35 per sqft. Before that, the property was also sold for $100,000 in Apr 26, 2011. 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 $4,734 in taxes each year. 5408 West Drummond Place was most recently assessed in 2023. 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 $7,031. Improvements to the property, however, were assessed at a total of $15,970. 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. 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.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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,687
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 370
  • Total Building Area: 920
  • Gross Building Area: 920
  • Building Area: 920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WRICHTWOOD AVE ADD
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • Legal Description 1: C N (LOUCKS) RESUB OF BLKS1-3, 7&8 IN WRICHTWOOD AVE ADD TO CHICAGO A SUB OF NW SW SEC 28-40-13

Ownership

  • Current Owner : MORA JUAN GUILLERMO
  • Previous Owner : NAVARRO ALEXANDER
  • Previous Owner 2: IVANOYA DESISLAVA A
  • Owner Before Previous Owner: CAVIEDES JAIME
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 190701

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: May 03, 2021
  • District: 71
  • Parcel: 13-28-309-039-0000
  • Block: 1-3,8
  • Lot: 44,45
  • Meridian: SEC 28 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9288
  • Longitude: -87.7617

    Address

  • Full Address: 5408 W Drummond Pl
  • Address - House Number: 5408
  • Street Direction: W
  • Address - Street Name: Drummond
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C037
  • 4-Digit Zip Code: 1416
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,734
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 342,350
  • High Value: 422,561
  • Low Value: 262,138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,928
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Feb 05, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $274,928
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2049

    Market Valuation

  • Market Total Value: $230,010
  • Market Land Value: $70,310
  • Market Improvement Value: $159,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,001
  • Assessed Land Value: $7,031
  • Assessed Improvements Value: $15,970

    Sales

  • Current Sale Contract Date: Jan 28, 2019
  • Current Sale Recording Date: Feb 05, 2019
  • Current Sale Transaction ID: 11566539451
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1903606017
  • Previous Sale Recording Date: May 19, 2011
  • Previous Sale Contract Date: Apr 26, 2011
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Feb 05, 2019
  • First Mortgage Loan Amount: $274,928
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: May 19, 2011
  • Previous Mortgage Loan Amount: $97,465
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2041

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5408 West Drummond Place located in?
The 5408 West Drummond Place is a located in the neighborhood of Cragin in Northwest Side, Chicago.
What is the average sales price for listings in 5408 West Drummond Place?
The average sales price for units in 5408 West Drummond Place is $0 currently.

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