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5433 South Lotus Avenue

5433 South Lotus Avenue, Chicago, IL 60638
Property in Garfield Ridge
Sold Jun 14, 2016
$148,500
$145,502 by Tcf National Bank
Mortgage Due Jun 01, 2046
5433 South Lotus Avenue in Chicago, IL was first built in 1959 and is 65 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 bungalow style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5433 South Lotus Avenue has 1,032 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 3,780 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 is one available parking space. 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. The property was last sold in May 11, 2016 for $148,500. That's $143.90 per sqft. 5433 South Lotus Avenue was last assessed in 2023. The total value of the property was assessed at $21,000. Specifically, the land the property is located on was valued at $3,780. While improvements on the property were assessed at a total of $17,220. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,344. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 3,780
  • Total Building Area: 1,032
  • Gross Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,032
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRANE VIEW ARCHER AVE HM AD
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ESPANA ZAIDA
  • Previous Owner : STANEK SOLOMON MICHAEL
  • Previous Owner 2: STANEK SOLOMON JAYNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 560700

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 00E-21-01
  • District: 72
  • Parcel: 19-09-327-071-0000
  • Block: 31
  • Lot: 35,36
  • Meridian: SEC 09 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7936
  • Longitude: -87.7583

    Address

  • Full Address: 5433 S Lotus Ave
  • Address - House Number: 5433
  • Street Direction: S
  • Address - Street Name: Lotus
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C007
  • 4-Digit Zip Code: 2925
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,344
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2586
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 298,904
  • High Value: 376,209
  • Low Value: 221,600

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $171,133
  • First Open Lien Mortgage Lender: TCF NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 14, 2016
  • First Open Lien Mortgage Loan Amount: $145,502
  • 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: Jun 01, 2046
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jul 15, 2022
  • Second Open Lien Mortgage Loan Amount: $25,631
  • Second Open Lien Mortgage Term: 286
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $37,800
  • Market Improvement Value: $172,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $3,780
  • Assessed Improvements Value: $17,220

    Sales

  • Current Sale Contract Date: May 11, 2016
  • Current Sale Recording Date: Jun 14, 2016
  • Current Sale Transaction ID: 1615195032
  • Current Sale Price: $148,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1616645046

    Last Sale Mortgage

  • First Mortgage Lender: TCF NATIONAL BANK
  • First Mortgage Transaction Date: Jun 14, 2016
  • First Mortgage Loan Amount: $145,502
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2046

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Frequently Asked Questions

What neighborhood is 5433 South Lotus Avenue located in?
The 5433 South Lotus Avenue is a located in the neighborhood of Garfield Ridge in Southwest Side, Chicago.
What is the average sales price for listings in 5433 South Lotus Avenue?
The average sales price for units in 5433 South Lotus Avenue is $0 currently.

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