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5507 West Ardmore Avenue

5507 West Ardmore Avenue, Chicago, IL 60646
Property in Jefferson Park
Sold Oct 18, 2021
$320,000
$304,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2051
Sold Jul 24, 2003
$280,000
$224,000 by Founders Bank
Mortgage Due Jul 01, 2033
Local assessors in Chicago, IL have categorized 5507 West Ardmore Avenue as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 7,630 square feet. The linear feet between the front and back of the lot was measured at 2,180 ft and the front of the lot was measured at 350 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5507 West Ardmore Avenue has a total of 1,008 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 7, 2021 for $320,000. That's $317.46 per sqft. Prior to that sales transaction, the property was also sold in Jun 12, 2003 for $280,000. 5507 West Ardmore Avenue was last assessed in 2023. The total value of the property was assessed at $32,000. Specifically, the land the property is located on was valued at $15,260. While improvements on the property were assessed at a total of $16,740. 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 $6,586. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,630
  • Lot Size Depth Feet: 2,180
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUTLERS SUB
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BUTLERS) RESUB OF LTS6-24 IN BUTLERS SUB OF LT 4 IN KAYS SUB OF SW SEC 04-40-13

Ownership

  • Current Owner : FERRY JONATHAN J
  • Current Owner 2: FISCHER KATHRYN E
  • Previous Owner : COLLINS PATRICK J
  • Owner Before Previous Owner: STENSLAND DONALD J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 110100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-04-306-020-0000
  • Lot: 4,6-2
  • Meridian: SEC 04 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9857
  • Longitude: -87.7653

    Address

  • Full Address: 5507 W Ardmore Ave
  • Address - House Number: 5507
  • Street Direction: W
  • Address - Street Name: Ardmore
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C019
  • 4-Digit Zip Code: 6505
  • Zip Code: 60646

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,586
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 396,816
  • High Value: 488,052
  • Low Value: 305,581

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Loan Amount: $304,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $152,600
  • Market Improvement Value: $167,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $15,260
  • Assessed Improvements Value: $16,740

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Transaction ID: 11860197086
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2129134164
  • Previous Sale Recording Date: Jul 24, 2003
  • Previous Sale Contract Date: Jun 12, 2003
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 18, 2021
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FOUNDERS BANK
  • Previous Mortgage Transaction Date: Jul 24, 2003
  • Previous Mortgage Loan Amount: $224,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2033

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5507 West Ardmore Avenue located in?
The 5507 West Ardmore Avenue is a located in the neighborhood of Jefferson Park in Northwest Side, Chicago.
What is the average sales price for listings in 5507 West Ardmore Avenue?
The average sales price for units in 5507 West Ardmore Avenue is $0 currently.

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