NOT LISTED FOR SALE

1541 S Ridgeway Ave Chicago, IL 60623

North Lawndale Neighborhood

Estimated Value: $239,000 - $305,545

3 Beds
2 Baths
1,438 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $53,000 $37 Per Sq Ft

Est. 407% increase in value since last sale

Current estimated payment $1,800/month

15 Days on Market

About This Home

As of May 2016

Two story, single family home in North Lawndale! Featuring 3 bedrooms, 2 full bathrooms, kitchen, living area, and space for a separate dining room or office. Detached two car garage and nice size yard. Extra storage space available in the shed next to the garage. See it today!

Last Agent to Sell the Property

Peter Breitlander

Peter Breitlander License #471007368 Listed on: 04/07/2016

Last Buyer's Agent

Douglas Espinal

American International Realty License #475145606

American International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,022

Year Built

  • 2006

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,022

Year Built

2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 2006
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 10X10, On Level: Main Level
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 8X10, On Level: Main Level
  • Kitchen Type: Dimensions: 12X14, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X10, On Level: 2nd Level
  • Bedroom 2: Dimensions: 8X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 8X10, On Level: 2nd Level
  • Estimated Sq Ft: 1438

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Acreage: 0.0808

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3519
  • Parcel Identification Number: 16231270140000

Tax Info

  • Taxes: 2499.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 4, 2016
Sold by
The Bank Of New York Mellon
Bought by
Landi Fausto
Seller's Agent
Peter Breitlander
Peter Breitlander
Buyer's Agent
Douglas Espinal
American International Realty
List Price
$50,500
Sold Price
$53,000
Premium/Discount to List
$2,500
4.95%
Current Estimated Value
$268,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,886
Avg. Annual Appreciation
18.61%

Purchase Details

Listed on
Apr 7, 2016
Closed on
Mar 31, 2016
Sold by
Swims Norwood Denise L and Swims Denise
Bought by
The Bank Of New York Mellon and The Bank Of New York
Seller's Agent
Peter Breitlander
Peter Breitlander
Buyer's Agent
Douglas Espinal
American International Realty
List Price
$50,500
Sold Price
$53,000
Premium/Discount to List
$2,500
4.95%

Purchase Details

Closed on
Mar 27, 2007
Sold by
Norwood Ephriem K and Swims Norwood Denise L
Bought by
Norwood Ephriem K and Swims Norwood Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2005
Sold by
Chicago Metropolitan Development Assoc
Bought by
Norwood Ephriem K and Swims Denise L

Purchase Details

Closed on
Sep 28, 2004
Sold by
City Of Chicago
Bought by
Chicago Metropolitan Development Assn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Landi Fausto $53,000 Premier Title
The Bank Of New York Mellon -- Premier Title
Norwood Ephriem K -- Lawyers
Norwood Ephriem K $142,500 First American
Chicago Metropolitan Development Assn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norwood Ephriem K $162,000
Previous Owner Norwood Ephriem K $134,353
Closed Norwood Ephriem K $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Sold $53,000 +5.0% $37 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $50,500 -- $35 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,022 $23,000 $5,103 $17,897
2023 $3,921 $19,000 $4,135 $14,865
2022 $3,921 $19,000 $4,135 $14,865
2021 $3,833 $18,999 $4,134 $14,865
2020 $2,689 $12,032 $4,134 $7,898
2019 $2,695 $13,369 $4,134 $9,235
2018 $2,649 $13,369 $4,134 $9,235
2017 $4,104 $18,997 $3,694 $15,303
2016 $3,305 $18,997 $3,694 $15,303
2015 $3,000 $18,997 $3,694 $15,303
2014 $2,500 $16,041 $3,519 $12,522
2013 $2,439 $16,041 $3,519 $12,522
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Peter Breitlander

    Peter Breitlander

    Section Image

  • D

    Buyer's Agent in 2016

    Douglas Espinal

    American International Realty

    (773) 509-9493

    1 in this area

    9 Total Sales

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09189160

Midwest Real Estate Data (MRED)

APN: 16-23-127-014-0000

Illinois Cook County Chicago 60623 North Lawndale

1541 S Ridgeway Ave, Chicago, IL

This home is located at 1541 S Ridgeway Ave, Chicago, IL 60623 since 07 April 2016 and is currently estimated at $268,886, approximately $186 per square foot. This property was built in 2006. 1541 S Ridgeway Ave is a home located in Cook County with nearby schools including Herzl Elementary School and KIPP Chicago Chrtrs - Ascend Acad.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes