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5517 South Meade Avenue

5517 South Meade Avenue, Chicago, IL 60638
Sold Sep 12, 2018
$290,000
$283,000 by United Wholesale Mortgage
Mortgage Due Nov 01, 2035
Sold Jun 03, 2015
$199,000
$189,050 by Venta Financial Group Inc
Mortgage Due Jun 01, 2045
Local assessors in Chicago, IL have categorized 5517 South Meade Avenue as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 5,000 square feet. 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 6 rooms in the home. Of these, 4 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 are also 2 partial bathrooms. 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 5517 South Meade Avenue has a total of 1,531 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 detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. The property was last sold in Aug 20, 2018 for $290,000. That's $189.42 per sqft. Prior to that sales transaction, the property was also sold in May 28, 2015 for $199,000. 5517 South Meade Avenue was last assessed in 2023. The total value of the property was assessed at $29,000. Specifically, the land the property is located on was valued at $6,250. While improvements on the property were assessed at a total of $22,750. 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 $5,999. 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: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,531
  • Gross Building Area: 1,531
  • Building Area: 1,531
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,531
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARTLETTS GARFIELD RIDGE 1ST
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FREDK H (BARTLETTS)(GARFIELD) RIDGE (1ST) ADD SUB OF ALL PART OF LYING N OF I H B RR EH WH SEC 17-38-13

Ownership

  • Current Owner : TENEYUQUE RICARDO
  • Current Owner 2: TENEYUQUE ELMER JENNIFER
  • Previous Owner : ZEGAR JOSHUA K
  • Owner Before Previous Owner: ALTEZ EDWIN
  • Owner Before Previous Owner 2: ALTEZ MARIA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 561100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 00E-72-02
  • District: 72
  • Parcel: 19-17-106-010-0000
  • Block: 33
  • Lot: 10
  • Meridian: SEC 17 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.792
  • Longitude: -87.7741

    Address

  • Full Address: 5517 S Meade Ave
  • Address - House Number: 5517
  • Street Direction: S
  • Address - Street Name: Meade
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C050
  • 4-Digit Zip Code: 2615
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,999
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 390,600
  • High Value: 481,195
  • Low Value: 300,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 17, 2020
  • First Open Lien Mortgage Loan Amount: $283,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $62,500
  • Market Improvement Value: $227,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $22,750

    Sales

  • Current Sale Contract Date: Aug 20, 2018
  • Current Sale Recording Date: Sep 12, 2018
  • Current Sale Transaction ID: 11506430272
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1825533051
  • Previous Sale Recording Date: Jun 03, 2015
  • Previous Sale Contract Date: May 28, 2015
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL FEDERAL BANK
  • First Mortgage Transaction Date: Sep 12, 2018
  • First Mortgage Loan Amount: $284,747
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: VENTA FINANCIAL GROUP INC
  • Previous Mortgage Transaction Date: Jun 03, 2015
  • Previous Mortgage Loan Amount: $189,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Southwest Side



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5212 S Lorel Avenue S, Chicago, IL, 60638 Listing by Jocelyn Hernandez

Frequently Asked Questions

What neighborhood is 5517 South Meade Avenue located in?
The 5517 South Meade Avenue is a house located in the neighborhood of Garfield Ridge in Southwest Side, Chicago.
What is the average sales price for listings in 5517 South Meade Avenue?
The average sales price for units in 5517 South Meade Avenue is $0 currently.

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