NOT LISTED FOR SALE

5050 S Laporte Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $343,000 - $396,000

4 Beds
3 Baths
1,273 Sq Ft
$296/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $340,000 $267 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,359/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Balcony
  • Wood Flooring
  • Fenced Yard
  • 2-minute walk to Vittum Park

About This Home

As of August 2021

BEAUTIFUL CHICAGO CAPE COD WITH EXPANDED ATTIC. 1ST FLOOR FEATURES 3 BEDROOMS / FULL BATH / LARGE EAT IN KITCHEN / LIVING ROOM AND FAMILY ROOM ADDITION. 2ND FLOOR FEATURES LIVING ROOM / BEDROOM / 2nd KITCHEN AND FULL BATH. FULL FINISHED BASEMENT WITH FULL BATH. 2.5 CAR GARAGE AND MUCH MORE!!!!!

Last Agent to Sell the Property

Eliseo Guzman

RE/MAX 10 License #475153196 Listed on: 06/28/2021

RE/MAX 10

Last Buyer's Agent

Nancy Ip

Landmark & Property Group, Inc License #471018940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1954

Lot Details

  • 3,781 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,273 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,974

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1954
  • 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): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • LivingArea: 1273
  • Room Type: Kitchen, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Attic: Dormer,Finished,Full,Interior Stair
  • Kitchen: Eating Area-Table Space
  • MRD_MBB: None
  • Master Bedroom Dimensions: 11X11

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0868
  • Lot Dimensions: 30X125
  • 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 Annual Amount: 1973.83
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 27, 2021
Sold by
Velazquez Juan and Velazquez Maria
Bought by
Ghising Arbin
Seller's Agent
Eliseo Guzman
RE/MAX 10
Buyer's Agent
Nancy Ip
Landmark & Property Group, Inc
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$376,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,247
Avg. Annual Appreciation
2.46%
Original Mortgage
$329,800
Outstanding Balance
$299,646
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$76,601
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
Ghising Arbin $340,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghising Arbin $329,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $340,000 -2.9% $267 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $350,000 -- $275 / 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 $4,667 $30,000 $4,725 $25,275
2023 $4,551 $22,000 $3,780 $18,220
2022 $4,551 $22,000 $3,780 $18,220
2021 $1,906 $22,000 $3,780 $18,220
2020 $1,980 $20,527 $3,780 $16,747
2019 $1,974 $23,065 $3,780 $19,285
2018 $1,944 $23,065 $3,780 $19,285
2017 $2,082 $19,492 $3,402 $16,090
2016 $2,479 $19,492 $3,402 $16,090
2015 $2,384 $19,492 $3,402 $16,090
2014 $2,365 $17,050 $3,213 $13,837
2013 $2,644 $17,050 $3,213 $13,837
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
  • Nancy Ip

    Buyer's Agent in 2021

    Nancy Ip

    Landmark & Property Group, Inc

    1 in this area

    48 Total Sales

    Nancy Ip
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11130986

Midwest Real Estate Data (MRED)

APN: 19-09-228-034-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5050 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