NOT LISTED FOR SALE

5059 N Lowell Ave Chicago, IL 60630

North Mayfair Neighborhood

Estimated Value: $655,000 - $764,000

4 Beds
3 Baths
2,000 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $640,000 $320 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,592/month

2 Days on Market

Highlights

  • Community Lake
  • Deck
  • Recreation Room
  • Taft High School Rated A-
  • Property is near a park
  • 4-minute walk to Gompers Park

About This Home

As of August 2021

RECENTLY UPDATED 5 BEDROOM 3 BATHROOM HOUSE IN DESIRED NORTH MAYFAIR. WALKING DISTANCE TO GOMPERS PARK AND POND WITH TENNIS COURTS. 2 BLOCKS FROM PALMER ELEMENTARY SCHOOL (ONE OF THE BEST PUBLIC SCHOOLS IN CHICAGO -LEVEL 1).NEW FULL FINISHED BASEMENT,NEW LARGE DECK WITH PERGOLA,NEWLY REFINISHED HARDWOOD FLOORS,NEW MODERN KITCHEN WITH STAINLESS STEEL APPLIANCES,QUARTZ COUNTERTOPS,NEWLY SEALED AND PAINTED STUCCO FINISH,NEWLY INSTALLED DRAIN TILE SYSTEM WITH SUMP PUMP.LARGE 2.5 DETACHED GARAGE WITH SIDE ENTRANCE WHERE YOU CAN PARK ADDITIONAL 2 CARS.

Last Agent to Sell the Property

Yusuf Ozer

Troy Real Estate LLC License #471020410 Listed on: 06/15/2021

Last Buyer's Agent

Michael John Ferry

@properties Christie's International Real Estate License #475155322

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1921 | Remodeled in 2017

Lot Details

  • 3,798 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Heated Sun or Florida Room
  • Lower Floor Utility Room
  • Storage Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Porch

Location

  • Property is near a park

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 1921 | Remodeled in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1921
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Vaulted/Cathedral Ceilings, Beamed Ceilings
  • LivingArea: 2000
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Attic, Bedroom 5, Deck, Recreation Room, Storage, Heated Sun Room, Utility Room-Lower Level, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Parquet
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Parquet
  • Master Bedroom Dimensions: 20X14
  • Bedroom 3 Flooring: Hardwood
  • Bedroom 2 Window: Blinds
  • Laundry Flooring: Ceramic Tile
  • Living Room Windows: Blinds
  • Master Bedroom Windows: Blinds,Curtains/Drapes
  • Bedroom 4 Flooring: Hardwood
  • Dining Room Windows: Blinds
  • Kitchen Windows: Blinds
  • Bedroom 4 Window: Blinds,Curtains/Drapes

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 570000
  • Lot Features: Corner Lot, Fenced Yard
  • OtherStructures: Gazebo
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete,Side Drive
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Lake
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.0872
  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 7400
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 31, 2021
Sold by
Pasko Kornelia
Bought by
Martin Alexander and Kruse Samantha
Seller's Agent
Yusuf Ozer
Troy Real Estate LLC
Buyer's Agent
Michael John Ferry
@properties Christie's International Real Estate
List Price
$570,000
Sold Price
$640,000
Premium/Discount to List
$70,000
12.28%
Current Estimated Value
$720,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,840
Avg. Annual Appreciation
2.41%
Original Mortgage
$460,800
Outstanding Balance
$422,815
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$280,574

Purchase Details

Closed on
Nov 30, 2017
Sold by
Pasko Kornelia and Ozer Yusuf Jay
Bought by
Pasko Kornelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,753
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2016
Sold by
Pasko Kornela
Bought by
Pasko Kornelia and Ozer Yusuf Jay

Purchase Details

Listed on
Mar 4, 2015
Closed on
May 27, 2015
Sold by
Vanlaar Timothy and Patejunas Gail
Bought by
Pasko Kornelia
Seller's Agent
Christopher Gaggero
@properties Christie's International Real Estate
Buyer's Agent
Dorota Gessek
Chicagoland Brokers, Inc.
List Price
$375,000
Sold Price
$405,000
Premium/Discount to List
$30,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$372,099
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2010
Sold by
Mayfair Evangelical Lutheran Congregatio
Bought by
Vanlaar Timothy and Patejunas Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Martin Alexander $640,000 None Available
Pasko Kornelia -- None Available
Pasko Kornelia -- None Available
Pasko Kornelia $405,000 Proper Title Llc
Vanlaar Timothy $335,000 Baird & Warner Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Alexander $460,800
Previous Owner Pasko Kornelia $558,753
Previous Owner Pasko Kornelia $396,400
Previous Owner Pasko Kornelia $369,291
Previous Owner Pasko Kornelia $372,099
Previous Owner Patejunas Gail $263,500
Previous Owner Vanlaar Timothy $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $640,000 +12.3% $320 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $570,000 +40.7% $285 / Sq Ft
06/11/2015 06/11/15 Sold $405,000 +8.0% --
03/16/2015 03/16/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $375,000 -- --
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 $7,979 $51,001 $13,290 $37,711
2023 $7,757 $41,000 $10,632 $30,368
2022 $7,757 $41,000 $10,632 $30,368
2021 $7,600 $40,999 $10,631 $30,368
2020 $7,449 $36,424 $5,125 $31,299
2019 $7,467 $40,472 $5,125 $35,347
2018 $7,340 $40,472 $5,125 $35,347
2017 $6,375 $32,894 $4,556 $28,338
2016 $6,801 $36,340 $4,556 $31,784
2015 $6,200 $36,340 $4,556 $31,784
2014 $5,416 $31,655 $4,176 $27,479
2013 $5,298 $31,655 $4,176 $27,479
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2021

    Yusuf Ozer

    Troy Real Estate LLC

    (312) 593-5552

    1 in this area

    43 Total Sales

    Section Image
  • Michael John Ferry

    Buyer's Agent in 2021

    Michael John Ferry

    @ Properties

    (773) 230-9196

    2 in this area

    64 Total Sales

    Section Image
  • Christopher Gaggero

    Seller's Agent in 2015

    Christopher Gaggero

    @ Properties

    (773) 715-1479

    173 Total Sales

    Section Image
  • George Tully

    Seller Co-Listing Agent in 2015

    George Tully

    @ Properties

    67 Total Sales

    Section Image

  • D

    Buyer's Agent in 2015

    Dorota Gessek

    Chicagoland Brokers, Inc.

    (847) 322-3424

    89 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11123840

Midwest Real Estate Data (MRED)

APN: 13-10-406-001-0000

Illinois Cook County Chicago 60630 North Mayfair

5059 N Lowell Ave, Chicago, IL

This home is located at 5059 N Lowell Ave, Chicago, IL 60630 since 15 June 2021 and is currently estimated at $720,840, approximately $360 per square foot. This property was built in 1921. 5059 N Lowell Ave is a home located in Cook County with nearby schools including Palmer Elementary School, Taft High School, and ASPIRA Haugan Middle School.

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