NOT LISTED FOR SALE

5242 W 55th St Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $331,032 - $371,000

4 Beds
2 Baths
1,250 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2012

Last sale price $173,000 $138 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,177 / mo

133 Days on Market

About This Home

As of May 2012

GREAT INVESTMENT PROPERTY / WELL MAINTAINED AND SPACIOUS BRICK FOUR BEDROOM HOME / TWO FULL BATHROOMS / FINISHED ATTIC AREA / FULL FINISHED BASEMENT / 2 CAR GARAGE / FAX ALL OFFERS TO THE OFFICE / NO EMAILS PLEASE. See docs and all other disclosures located under additional info on top right corner. This property is eligible under the Freddie Mac First Look Initiative, first 15 days Owner Occupant Offers only

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 01/13/2012

Last Buyer's Agent

Carmen Cabrales

Regional Realty Group License #471018177

Property Details

Home Type

  • Other

Year Built

  • 1931

Lot Details

  • 3,746

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Year Built

1931

Lot Details

3,746 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Type Detached: 1.5 Story
  • Special Features: 20
  • Year Built: 1931

Interior Features

  • Number Of Rooms: 8
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Master Bedroom Level: Attic
  • Master Bedroom Size: 18X14
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X12
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 10X10
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 14X11
  • Living Room Level: Main Level
  • Living Room Size: 16X14
  • Dining Room Level: Main Level
  • Dining Room Size: 14X12
  • Family Room Level: Attic
  • Family Room Size: 22X17
  • Kitchen Level: Main Level
  • Kitchen Size: 22X12
  • Additional Rooms: No additional rooms

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Morales Vidal and Morales Maria E
Current Estimated Value
$350,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,590
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2011
Sold by
Gonzalez Jose J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 13, 2007
Sold by
Klonowski Lottie and Wanke Rose Ann
Bought by
Gonzalez Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.18%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Morales Vidal $173,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Gonzalez Jose J $240,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Vidal $160,590
Previous Owner Gonzalez Jose J $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $173,000 -8.9% $138 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $189,900 0.0% $152 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $189,900 -- $152 / 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 $3,964 $28,001 $4,688 $23,313
2024 $3,964 $28,001 $4,688 $23,313
2023 $3,843 $22,000 $3,750 $18,250
2022 $3,843 $22,000 $3,750 $18,250
2021 $3,754 $22,000 $3,750 $18,250
2020 $3,345 $18,019 $3,750 $14,269
2019 $3,400 $20,247 $3,750 $16,497
2018 $3,342 $20,247 $3,750 $16,497
2017 $3,218 $18,225 $3,375 $14,850
2016 $3,171 $18,225 $3,375 $14,850
2015 $2,880 $18,225 $3,375 $14,850
2014 $2,526 $16,076 $3,187 $12,889
2013 $2,465 $16,076 $3,187 $12,889
Source: Public Records

Agents Affiliated with this Home

  • Michael Olszewski

    Seller's Agent in 2012

    Michael Olszewski

    Area Wide Realty

    (708) 220-1791

    4 in this area

    570 Total Sales

    Michael Olszewski
    Section Image

  • C

    Buyer's Agent in 2012

    Carmen Cabrales

    Regional Realty Group

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07974860

Midwest Real Estate Data (MRED)

APN: 19-09-330-036-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5242 W 55th St, 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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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