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5416 North Long Avenue

5416 North Long Avenue, Chicago, IL 60630
Property in Jefferson Park
Sold Sep 02, 2011
$300,000
$285,000 by Rwf Mortgage Llc
Mortgage Due Aug 01, 2041
5416 North Long 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 1929 and is 95 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5416 North Long Avenue has 2,139 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 3,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 2 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 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, 5416 North Long Avenue sold most recently in Jul 28, 2011 for a total of $300,000. If you work out the math, that's approximately a cost of $140.25 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 $7,088 in taxes each year. 5416 North Long Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,864. If we break it down further, the land itself was valued at $6,250. Improvements to the property, however, were assessed at a total of $31,614. 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: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 2,139
  • Gross Building Area: 2,139
  • Building Area: 2,139
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,139
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANDERSONS ADD TO JEFFERSON PARK
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STEWART D (ANDERSONS) ADD TO (JEFFERSON)(PARK) SUB OF LTS 6-10 IN CIRCUIT COURT PARTN PT OF NW1/2 OF LYING BETWEEN MILWAUKEE

Ownership

  • Current Owner : LENNON DAVID J
  • Current Owner 2: LENNON CATHERINE M
  • Previous Owner : MCDONNELL JAMES P
  • Previous Owner 2: MCDONNELL REGINA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Oct 01, 2045
  • District: 71
  • Parcel: 13-09-107-035-0000
  • Block: 9
  • Lot: 6-10
  • Meridian: SEC 09 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9799
  • Longitude: -87.7639

    Address

  • Full Address: 5416 N Long Ave
  • Address - House Number: 5416
  • Street Direction: N
  • Address - Street Name: Long
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C017
  • 4-Digit Zip Code: 1321
  • Zip Code: 60630

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,088
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2652
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 586,124
  • High Value: 741,610
  • Low Value: 430,638

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $355,000
  • First Open Lien Mortgage Lender: RWF MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 02, 2011
  • First Open Lien Mortgage Loan Amount: $285,000
  • 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: Aug 01, 2041
  • Second Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • Second Open Lien Mortgage Recording Date: Apr 11, 2023
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 24, 2053

    Market Valuation

  • Market Total Value: $378,640
  • Market Land Value: $62,500
  • Market Improvement Value: $316,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,864
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $31,614

    Sales

  • Current Sale Contract Date: Jul 28, 2011
  • Current Sale Recording Date: Sep 02, 2011
  • Current Sale Transaction ID: 1083164051
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1124540051

    Last Sale Mortgage

  • First Mortgage Lender: RWF MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 02, 2011
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2041

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5416 North Long Avenue located in?
The 5416 North Long Avenue is a located in the neighborhood of Jefferson Park in Northwest Side, Chicago.
What is the average sales price for listings in 5416 North Long Avenue?
The average sales price for units in 5416 North Long Avenue is $0 currently.

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