NOT LISTED FOR SALE

5251 N Natchez Ave Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $460,000 - $502,000

3 Beds
2 Baths
1,500 Sq Ft
$317/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $437,500 $292 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,029/month

12 Days on Market

Highlights

  • English Architecture
  • Gazebo
  • Enclosed Patio or Porch
  • Bonus Room
  • 2.5 Car Detached Garage
  • Bay Window

About This Home

As of June 2021

Beautifully updated 3 bed/2 bath home with tons of character in the Union Ridge area of Norwood Park. Bonus room in upper level - could be 4th bedroom. Newer updated kitchen and appliances, roof, carpeting over hardwood floors on main level, new vinyl fence. Nicely finished lower level with bathroom, fireplace, laundry room, and flood control. Large 2 1/2 car extended garage with front and rear overhead doors and attached shed, new concrete driveway, large patio, and brick serenity area. Beautiful outdoor gazebo and all wall mounted TV's are included. A MUST SEE!!! Won't last long!!!

Last Agent to Sell the Property

Michele Panico

Century 21 Circle License #475171963 Listed on: 04/10/2021

Century 21 Circle

Co-Listed By

Maureen Brehmer

Century 21 Circle License #475172266

Last Buyer's Agent

Ivan Justiniano

American International Realty License #475121571

American International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1956

Lot Details

  • 3,833

Parking

  • 2.5 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 1.5-Story Property
  • Gas Log Fireplace
  • Bay Window
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Enclosed Patio or Porch
  • Gazebo

Schools

  • Garvy Elementary School
  • Taft High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,288

Year Built

Built in 1956

Lot Details

3,833 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: English
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1956
  • 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
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 1500
  • Room Type: Bonus Room, Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Basement
  • Total Sq Ft: 0
  • Window Features: Bay Window(s)

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Gazebo
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Garvy Elementary School
  • High School: Taft High School
  • Middle/Junior School: Garvy Elementary School

Lot Info

  • Lot Dimensions: 3828
  • Rural (Y/N): N
  • 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: 3288.18
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Jun 2, 2021
Sold by
Panico Joseph and Panico Christine A
Bought by
Avalos Pedro Alberto
Seller's Agent
Michele Panico
Century 21 Circle
Buyer's Agent
Ivan Justiniano
American International Realty
List Price
$485,000
Sold Price
$437,500
Premium/Discount to List
-$47,500
-9.79%
Current Estimated Value
$475,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,092
Avg. Annual Appreciation
1.75%
Original Mortgage
$306,250
Outstanding Balance
$277,021
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$198,571

Purchase Details

Closed on
Dec 9, 2015
Sold by
Panico Joseph and Panico Christine A
Bought by
Panico Christine A and Revoc Panico Revoc
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
Avalos Pedro Alberto $437,500 Saturn Title Llc
Panico Christine A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avalos Pedro Alberto $306,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $437,500 -4.9% $292 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/14/2021 04/14/21 Price Changed $459,900 -5.2% $307 / Sq Ft
04/09/2021 04/09/21 For Sale $485,000 -- $323 / 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 $6,330 $31,000 $9,570 $21,430
2024 $6,330 $31,000 $9,570 $21,430
2023 $6,170 $30,000 $7,463 $22,537
2022 $6,170 $30,000 $7,463 $22,537
2021 $4,827 $30,000 $7,463 $22,537
2020 $3,275 $20,285 $4,784 $15,501
2019 $3,288 $22,539 $4,784 $17,755
2018 $3,472 $23,762 $4,784 $18,978
2017 $2,943 $19,745 $4,210 $15,535
2016 $3,097 $19,745 $4,210 $15,535
2015 $2,985 $20,785 $4,210 $16,575
2014 $2,964 $20,378 $3,828 $16,550
2013 $2,886 $20,378 $3,828 $16,550
Source: Public Records

Agents Affiliated with this Home

  • Michele Panico

    Seller's Agent in 2021

    Michele Panico

    Century 21 Circle

    (773) 616-9336

    3 in this area

    11 Total Sales

    Michele Panico
    Section Image
  • Maureen Brehmer

    Seller Co-Listing Agent in 2021

    Maureen Brehmer

    Century 21 Circle

    (847) 602-6249

    3 in this area

    10 Total Sales

    Maureen Brehmer
    Section Image
  • Ivan Justiniano

    Buyer's Agent in 2021

    Ivan Justiniano

    American International Realty

    (773) 259-4364

    1 in this area

    10 Total Sales

    Ivan Justiniano
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11043485

Midwest Real Estate Data (MRED)

APN: 13-07-221-025-0000

Illinois Cook County Chicago 60656 Norwood Park

5251 N Natchez Ave, Chicago, IL

Not Listed for Sale

Detached

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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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