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5520 South Paulina Street

5520 South Paulina Street, Chicago, IL 60636
Property in West Englewood
Sold May 24, 2021
$80,000
$105,000 by Sprout Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Dec 20, 2004
$130,000
$104,000 by Countrywide Home Loans Inc
Mortgage Due Jan 01, 2035
5520 South Paulina Street in Chicago, IL was first built in 1900 and is 124 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. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5520 South Paulina Street has 1,327 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 250 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 3,125 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. For those who need parking, there is a no garage. 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 masonry 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 masonry. 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 hot water heating system. The property was last sold in May 5, 2021 for $80,000. That's $60.29 per sqft. Prior to that sales transaction, the property was also sold in Dec 6, 2004 for $130,000. 5520 South Paulina Street was last assessed in 2023. The total value of the property was assessed at $3,747. Specifically, the land the property is located on was valued at $2,031. While improvements on the property were assessed at a total of $1,716. 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 $770. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • 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: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,327
  • Gross Building Area: 1,327
  • Building Area: 1,327
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,327
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ASHLAND SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ASHLAND) SUB OF N3/4 TOGETHER WITH N 33 FT OF S1/4 T HEREOF OF EH NE SEC 18-38-14

Ownership

  • Current Owner : FIRST AMERICAN DREAM MORTGAGE INC
  • Previous Owner : MURPHY SEAN
  • Previous Owner 2: MURPHY KAREN
  • Owner Before Previous Owner: PATRIA PARTNERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 670300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 013-123-01
  • District: 72
  • Parcel: 20-18-205-022-0000
  • Block: 3
  • Lot: 32
  • Meridian: SEC 18 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7929
  • Longitude: -87.6674

    Address

  • Full Address: 5520 S Paulina St
  • Address - House Number: 5520
  • Street Direction: S
  • Address - Street Name: Paulina
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C034
  • 4-Digit Zip Code: 1220
  • Zip Code: 60636

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $770
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 232,208
  • High Value: 255,686
  • Low Value: 208,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,000
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $105,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $37,470
  • Market Land Value: $20,310
  • Market Improvement Value: $17,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,747
  • Assessed Land Value: $2,031
  • Assessed Improvements Value: $1,716

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11836210808
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2114407143
  • Previous Sale Recording Date: Dec 20, 2004
  • Previous Sale Contract Date: Dec 06, 2004
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CONTINUUM CAPITAL FUNDING LLC
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $85,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: May 13, 2023

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Dec 20, 2004
  • Previous Mortgage Loan Amount: $104,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2035

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Frequently Asked Questions

What neighborhood is 5520 South Paulina Street located in?
The 5520 South Paulina Street is a located in the neighborhood of West Englewood in South Side, Chicago.
What is the average sales price for listings in 5520 South Paulina Street?
The average sales price for units in 5520 South Paulina Street is $0 currently.

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