NOT LISTED FOR SALE

5148 S Lorel Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $342,000 - $397,000

3 Beds
2 Baths
1,121 Sq Ft
$327/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $335,000 $299 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,296/month

3 Days on Market

Highlights

  • Raised Ranch Architecture
  • Fenced Yard
  • Ceiling Fan
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of July 2021

CHECK OUT WHAT JUST HIT THE MARKET!!! THIS HOME WILL NOT LAST. This is a spacious BEAUTIFUL RENNOVATED HOME with FIVE bedrooms, TWO FULLY renovated bathrooms, and a gorgeous kitchen! The finished basement was completely waterproofed and would make the perfect 'hangout' spot! This home features a BRAND NEW ROOF AND GUTTERS!! It also includes a two car garage with a great yard ready for summer grilling. Fresh paint all around the house and extremely well maintained. CONVENIENT LOCATION - BLOCKS AWAY FROM MIDWAY AIRPORT, ORANGE LINE, CLOSE TO BANKS, SHOPPING, AND RESTAURANTS!!! You do not want to miss out on this one!

Last Agent to Sell the Property

David Dominguez

Realty of America, LLC License #471019643 Listed on: 06/03/2021

Realty of America, LLC

Co-Listed By

Leticia Ramos

Re/Max In The Village License #475184247

Last Buyer's Agent

Natalia Martinez

Realty of America, LLC License #475133449

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,189

Year Built

  • Built in 1951

Lot Details

  • 3,751 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Fenced Yard

Parking

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

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,189

Year Built

Built in 1951

Lot Details

3,751 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1951
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Total Sq Ft: 0

Exterior Features

  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.0861
  • Lot Dimensions: 30X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3189.15
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 19, 2021
Sold by
Rivera Edwin and Rivera Evelia
Bought by
Ledesma Alberto A and Cervantes Estela
Seller's Agent
David Dominguez
Realty of America, LLC
Buyer's Agent
Natalia Martinez
Realty of America, LLC
List Price
$319,000
Sold Price
$335,000
Premium/Discount to List
$16,000
5.02%
Current Estimated Value
$366,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,059
Avg. Annual Appreciation
1.93%
Original Mortgage
$315,400
Outstanding Balance
$285,896
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$80,163

Purchase Details

Closed on
Apr 11, 2012
Sold by
Taranowski Stephanie
Bought by
Mccarter Issaic V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,958
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 2012
Sold by
Mccarter Issaic V and Mccarter Alexander
Bought by
Rivera Edwin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ledesma Alberto A $332,000 Fidelity National Title
Mccarter Issaic V $120,000 Old Republic National Title
Rivera Edwin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledesma Alberto A $315,400
Previous Owner Mccarter Issaic V $116,958
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $335,000 +5.0% $299 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $319,000 -- $285 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $4,455 $28,286 $4,688 $23,598
2024 $4,455 $28,286 $4,688 $23,598
2023 $4,344 $21,000 $3,750 $17,250
2022 $4,344 $21,000 $3,750 $17,250
2021 $3,553 $21,000 $3,750 $17,250
2020 $3,136 $17,089 $3,750 $13,339
2019 $3,189 $19,202 $3,750 $15,452
2018 $3,135 $19,202 $3,750 $15,452
2017 $2,739 $16,016 $3,375 $12,641
2016 $2,725 $16,016 $3,375 $12,641
2015 $2,472 $16,016 $3,375 $12,641
2014 $2,180 $14,230 $3,187 $11,043
2013 $2,127 $14,230 $3,187 $11,043
Source: Public Records

Agents Affiliated with this Home

  • David Dominguez

    Seller's Agent in 2021

    David Dominguez

    Realty of America, LLC

    (312) 607-7057

    11 in this area

    447 Total Sales

    David Dominguez
    Section Image
  • Leticia Ramos

    Seller Co-Listing Agent in 2021

    Leticia Ramos

    RE/MAX

    (312) 509-1709

    1 in this area

    16 Total Sales

    Leticia Ramos
    Section Image
  • Natalia Martinez

    Buyer's Agent in 2021

    Natalia Martinez

    Realty of America, LLC

    (773) 430-5900

    9 in this area

    216 Total Sales

    Natalia Martinez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11110596

Midwest Real Estate Data (MRED)

APN: 19-09-304-037-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5148 S Lorel Ave, Chicago, IL

Not Listed for Sale

Detached

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.
Based on information submitted to the MLS GRID

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