NOT LISTED FOR SALE

5301 May Ave Richmond, IL 60071

Estimated Value: $261,000 - $310,000

3 Beds
1.5 Baths
1,784 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $218,000 $122 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,799/month

17 Days on Market

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Forced Air Heating and Cooling System
  • Breakfast Bar
  • Laundry Room
  • Family Room

About This Home

As of July 2022

Updated single Family in Richmond! Beautifully refinished hardwood floors, new carpet installed, LVT flooring and freshly painted throughout! 2 Car attached garage. Close to all accommodations including schools, parks, shops, restaurants and more!

Last Agent to Sell the Property

Christopher Lobrillo

Grandview Realty, LLC License #471019567 Listed on: 05/13/2022

Co-Listed By

Lynda Sanchez-Werner

Grandview Realty, LLC License #475178706

Last Buyer's Agent

William Folger

Blue Fence Real Estate Inc. License #475166952

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,171

Year Built

  • Built in 1967

Lot Details

  • 7,144 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Split Level Home
  • Slab Foundation

Interior Spaces

  • 1,784 Sq Ft Home
  • Family Room
  • Living Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Richmond-Burton Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,171

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1784
  • Room Type: Eating Area
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Richmond-Burton Community High S

Lot Info

  • Lot Size Acres: 0.164
  • Lot Dimensions: 7841
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4170.86
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 23, 2022
Sold by
Grandview Capital Llc
Bought by
Olson Franks and Olson Karen
Seller's Agent
Christopher Lobrillo
Grandview Realty, LLC
Buyer's Agent
William Folger
Blue Fence Real Estate Inc.
List Price
$219,900
Sold Price
$218,000
Premium/Discount to List
-$1,900
-0.86%
Current Estimated Value
$275,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,226
Avg. Annual Appreciation
7.09%
Original Mortgage
$176,841
Outstanding Balance
$168,236
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$109,191

Purchase Details

Closed on
Mar 14, 2022
Sold by
Smith Wesley E
Bought by
Grandview Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
3.25%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 18, 2021
Sold by
Smith Wesley E and Smith Susan M
Bought by
Smith Wesley E
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
Olson Franks $218,000 Goettel Karrsten
Grandview Capital Llc $135,000 Metz Gilmore & Vaclavek Llc
Smith Wesley E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Franks $176,841
Previous Owner Grandview Capital Llc $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2022 07/19/22 Sold $218,000 -0.9% $122 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $219,900 -- $123 / 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
2024 $4,432 $70,615 $16,609 $54,006
2023 $4,205 $64,553 $15,183 $49,370
2022 $5,360 $58,124 $13,671 $44,453
2021 $4,171 $55,786 $13,121 $42,665
2020 $4,072 $53,677 $12,625 $41,052
2019 $4,001 $51,952 $12,219 $39,733
2018 $4,008 $49,805 $11,714 $38,091
2017 $3,961 $47,429 $11,155 $36,274
2016 $3,839 $44,467 $10,458 $34,009
2013 -- $42,043 $9,888 $32,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11403945

Midwest Real Estate Data (MRED)

APN: 04-16-230-006