NOT LISTED FOR SALE

5040 S Laporte Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $340,000 - $381,000

4 Beds
2 Baths
1,270 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $329,900 $260 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,306/month

16 Days on Market

Highlights

  • Detached Garage
  • Senior Tax Exemptions
  • 2-minute walk to Vittum Park
  • Combination Dining and Living Room

About This Home

As of November 2021

BEAUTIFUL CHICAGO CAPE COD WITH FINISHED ATTIC. HOME FEATURES 4 BEDROOMS (2 MAIN FLOOR / 2 UPSTAIRS) / 2 FULL BATHS / DINING ROOM / UPDATED KITCHEN (2021) / HARDWOOD FLOORS / FULL FINISHED BASEMENT (2021) / 2.5 CAR GARAGE AND LOVELY LARGE BACK YARD.

Last Agent to Sell the Property

Eliseo Guzman

RE/MAX 10 License #475153196 Listed on: 09/08/2021

RE/MAX 10

Last Buyer's Agent

Zeferino Martinez

RE/MAX 10 License #475136332

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,879

Year Built | Renovated

  • 1954 | 2020

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Combination Dining and Living Room
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,879

Year Built | Renovated

1954 | 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Architectural Style: Cape Cod
  • Directions: Cicero ave to 5000 (South) west 4 streets to Laporte / South to home.
  • Lot Size: 30X125
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1954
  • Year Renovated: 2020

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Attic: Finished,Full,Interior Stair
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors
  • Dining Room Type: Bonus Room

Exterior Features

  • Roof: Asphalt
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Fenced Yard
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 299

Lot Info

  • Rural (Y/N): N
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 1326.65
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Nov 2, 2021
Sold by
Dorsz Dorota and Trust
Bought by
Flores Jessica G Rizo and Flores Sandra N
Seller's Agent
Eliseo Guzman
RE/MAX 10
Buyer's Agent
Zeferino Martinez
RE/MAX 10
List Price
$325,000
Sold Price
$329,900
Premium/Discount to List
$4,900
1.51%
Current Estimated Value
$362,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,970
Avg. Annual Appreciation
2.43%
Original Mortgage
$23,924
Outstanding Balance
$21,922
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$340,948

Purchase Details

Closed on
Oct 18, 2016
Sold by
Dorsz Dorota
Bought by
Drosz Stefan and Trust Number One
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
Flores Jessica G Rizo $330,000 Old Republic Title
Drosz Stefan -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Jessica G Rizo $23,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2021 11/09/21 Sold $329,900 +1.5% $260 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $325,000 -- $256 / 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 $4,879 $26,000 $4,725 $21,275
2023 $4,758 $23,000 $3,780 $19,220
2022 $4,758 $23,000 $3,780 $19,220
2021 $1,277 $23,000 $3,780 $19,220
2020 $1,327 $16,507 $3,780 $12,727
2019 $1,322 $18,548 $3,780 $14,768
2018 $1,303 $18,548 $3,780 $14,768
2017 $1,395 $15,369 $3,402 $11,967
2016 $1,803 $15,369 $3,402 $11,967
2015 $2,353 $15,369 $3,402 $11,967
2014 $2,063 $13,603 $3,213 $10,390
2013 $2,012 $13,603 $3,213 $10,390
Source: Public Records

Agents Affiliated with this Home

  • Eliseo Guzman

    Seller's Agent in 2021

    Eliseo Guzman

    RE/MAX

    (773) 216-4912

    23 in this area

    119 Total Sales

    Eliseo Guzman
    Section Image
  • Zeferino Martinez

    Buyer's Agent in 2021

    Zeferino Martinez

    RE/MAX

    (708) 257-3097

    9 in this area

    303 Total Sales

    Zeferino Martinez
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11207813

Midwest Real Estate Data (MRED)

APN: 19-09-228-031-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5040 S Laporte Ave, Chicago, IL

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