NOT LISTED FOR SALE

5225 S Melvina Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $336,000 - $406,000

3 Beds
2 Baths
1,250 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $220,000 $176 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,406/month

14 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Senior Tax Exemptions
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

NEWER BRICK RAISED RANCH.HOME FEATURES 3 BEDROOMS,1.5 FULL BATHS, ON MAIN LEVEL. LARGE KITCHEN-DINETTE UNFINISHED BSMNT,WITH OVERHEAD SEWERS AND SUMP PUMP. CLEAN PRIME GARFIELD RIDGE AREA, CLOSE TO ARCHER,SHOPPING. 35X125 LOT 2 CAR GARAGE NEEDS RENOVATION 1250 SQ FT MAIN LEVEL*** A REHABBERS DREAM COME TRUE $$$$$

Last Agent to Sell the Property

Mark Nowak

Nowak Realty License #471011232 Listed on: 05/16/2018

Last Buyer's Agent

Javier Gonzalez

I.D.S. Realty, Inc. License #471007945

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,091

Year Built

  • 1972

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,091

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Unfinished Basement Sq Ft: 1250
  • Style Of House: Ranch
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1972
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1250
  • Basement Sq Ft: 1250

Exterior Features

  • Foundation: Concrete
  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 35X125
  • Parcel Identification Number: 19083120680000

Tax Info

  • Taxes: 2390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Aug 1, 2018
Sold by
Alberts Thomas J
Bought by
Zaker Gerilyn M
Seller's Agent
Mark Nowak
Nowak Realty
Buyer's Agent
Javier Gonzalez
I.D.S. Realty, Inc.
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Current Estimated Value
$364,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,316
Avg. Annual Appreciation
7.38%
Original Mortgage
$249,156
Outstanding Balance
$221,290
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$143,026

Purchase Details

Closed on
Aug 17, 1995
Sold by
Alberts Gloria M
Bought by
Alberts Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.81%
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
Zaker Gerilyn M $220,000 Old Republic Title
Alberts Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaicer Gerilyn M $38,264
Open Zaker Gerilyn M $249,156
Previous Owner Alberts Thomas J $140,000
Previous Owner Alberts Thomas J $93,000
Previous Owner Alberts Thomas J $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $220,000 +2.3% $176 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $215,000 -- $172 / 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 $5,091 $28,000 $6,125 $21,875
2023 $4,964 $24,000 $5,469 $18,531
2022 $4,964 $24,000 $5,469 $18,531
2021 $4,826 $23,999 $5,468 $18,531
2020 $5,093 $22,716 $4,375 $18,341
2019 $3,856 $25,241 $4,375 $20,866
2018 $1,860 $25,241 $4,375 $20,866
2017 $1,992 $18,325 $3,937 $14,388
2016 $2,390 $18,325 $3,937 $14,388
2015 $2,299 $18,325 $3,937 $14,388
2014 $2,280 $16,991 $3,718 $13,273
2013 $2,289 $16,991 $3,718 $13,273
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Nowak

    Nowak Realty

    (773) 505-7856

    28 in this area

    62 Total Sales

    Mark Nowak
    Section Image

  • J

    Buyer's Agent in 2018

    Javier Gonzalez

    I.D.S. Realty, Inc.

    (773) 927-5300

    9 Total Sales

    Javier Gonzalez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09953814

Midwest Real Estate Data (MRED)

APN: 19-08-312-068-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5225 S Melvina Ave, Chicago, IL

This home is located at 5225 S Melvina Ave, Chicago, IL 60638 since 16 May 2018 and is currently estimated at $364,316, approximately $291 per square foot. This property was built in 1972. 5225 S Melvina Ave is a home located in Cook County with nearby schools including Byrne Elementary School, Kennedy High School, and Gloria Dei Lutheran School.

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