NOT LISTED FOR SALE

5247 S Meade Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $328,000 - $407,000

3 Beds
1 Bath
2,000 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $280,000 $140 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,285/month

18 Days on Market

Highlights

  • Raised Ranch Architecture
  • Detached Garage
  • Storm Doors

About This Home

As of December 2021

BEAUTIFUL, SOLID RAISED BRICK RANCH IN GARFIELD RIDGE. TALK ABOUT LOCATION, THIS PROPERTY IS LOCATED CLOSE TO SCHOOLS,SHOPPING & EXPRESSWAYS. 1ST FLOOR OFFERS HARDWOOD FLOORS THROUGH OUT. 3 GOOD SIZE BEDROOMS, NEW GUTTED BATHROOM, GOOD SIZE LIVING ROOM AND EAT IN KITCHEN WITH PLENTY OF SPACE. THE BASEMENT WAS RECENTLY FINISHED WITH A HUGE FAMILY ROOM AND SEPARATE LAUNDRY ROOM. ALL NEW COPPER PLUMBING AND NEW HVAC SYSTEM WITH IN THE LAST COUPLE OF YEARS. BRING THOSE FHA BUYERS OUT THEY WILL NOT BE DISSAPOINTED. !!!!!!

Last Agent to Sell the Property

Zeferino Martinez

RE/MAX 10 License #475136332 Listed on: 10/19/2021

RE/MAX 10

Last Buyer's Agent

Oliver Gonzalez

eXp Realty License #475189373

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,879

Year Built | Renovated

  • 1954 | 2019

Lot Details

  • 3,920

Parking

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

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • Finished Basement
  • Exterior Basement Entry
  • Storm Doors

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,879

Year Built | Renovated

1954 | 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Raised Ranch
  • Property Sub Type: Raised Ranch
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Directions: ARCHER AVE TO MEADE AVE, NORTH TO PROPERTY
  • Lot Size: 29 X 133
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1954
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 2000
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2000
  • Door Features: Storm Door(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1000
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Some Wood Floors
  • Other Equipment: Security System, Ceiling Fan(s)
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Features: Patio, Storms/Screens
  • Exterior Building Type: Brick
  • Lot Features: Fenced Yard, Landscaped
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 3694.61
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 21, 2021
Sold by
Leon Claudia and Flood Daniel M
Bought by
Salgado Brenda
Seller's Agent
Zeferino Martinez
RE/MAX 10
Buyer's Agent
Oliver Gonzalez
eXp Realty
List Price
$281,901
Sold Price
$280,000
Premium/Discount to List
-$1,901
-0.67%
Current Estimated Value
$357,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,021
Avg. Annual Appreciation
6.50%
Original Mortgage
$271,600
Outstanding Balance
$251,868
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$105,153

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 6, 2021
Sold by
Flood Daniel M and Leon Claudia
Bought by
Salgado Brenda
Seller's Agent
Zeferino Martinez
RE/MAX 10
Buyer's Agent
Oliver Gonzalez
eXp Realty
List Price
$281,901
Sold Price
$280,000
Premium/Discount to List
-$1,901
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,600
Outstanding Balance
$251,868
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$105,153

Purchase Details

Listed on
Apr 23, 2015
Closed on
Aug 3, 2015
Sold by
Martinez Laura
Bought by
Flood Daniel M and Leon Claudia
Seller's Agent
Bob Haustein
RE/MAX 1st Service
Buyer's Agent
Zeferino Martinez
RE/MAX 10
List Price
$184,900
Sold Price
$181,000
Premium/Discount to List
-$3,900
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$177,721
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2007
Sold by
Martinez Laura
Bought by
Martinez Laura and Laura Martinez Trust

Purchase Details

Closed on
Jun 24, 2005
Sold by
Martinez Arnold J and Martinez Linda M
Bought by
Martinez Laura A
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
Salgado Brenda $280,000 --
Salgado Brenda $280,000 Alliance Title Company
Flood Daniel M $181,000 Attorney
Martinez Laura -- None Available
Martinez Laura A $170,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salgado Brenda $271,600
Closed Salgado Brenda $271,600
Previous Owner Flood Daniel M $177,721
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $280,000 -0.7% $140 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $281,901 +55.7% $141 / Sq Ft
08/03/2015 08/03/15 Sold $181,000 -2.1% $181 / Sq Ft View Prior Sale
07/02/2015 07/02/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $184,900 0.0% $185 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $184,900 -- $185 / 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 $4,879 $26,000 $5,586 $20,414
2023 $4,757 $23,001 $4,988 $18,013
2022 $4,757 $23,001 $4,988 $18,013
2021 $3,955 $22,999 $4,987 $18,012
2020 $3,695 $19,580 $3,990 $15,590
2019 $3,706 $21,756 $3,990 $17,766
2018 $3,642 $21,756 $3,990 $17,766
2017 $2,951 $16,993 $3,591 $13,402
2016 $3,426 $16,993 $3,591 $13,402
2015 $2,307 $16,993 $3,591 $13,402
2014 $615 $16,480 $3,391 $13,089
2013 $617 $16,480 $3,391 $13,089
Source: Public Records

Agents Affiliated with this Home

  • Zeferino Martinez

    Seller's Agent in 2021

    Zeferino Martinez

    RE/MAX

    (708) 257-3097

    9 in this area

    302 Total Sales

    Zeferino Martinez
    Section Image

  • O

    Buyer's Agent in 2021

    Oliver Gonzalez

    eXp Realty

    Section Image
  • Bob Haustein

    Seller's Agent in 2015

    Bob Haustein

    RE/MAX

    (708) 822-3690

    55 Total Sales

    Bob Haustein
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11249684

Midwest Real Estate Data (MRED)

APN: 19-08-314-046-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5247 S Meade Ave, Chicago, IL

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