NOT LISTED FOR SALE

5308 S Mcvicker Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $376,000 - $460,000

3 Beds
2 Baths
2,300 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $332,500 $145 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,526/month

329 Days on Market

About This Home

As of June 2023

Amazing opportunity. 3 bedrooms 2 bathrooms full basement. In the heart of Garfield Ridge This brick house has solid bones. Roof 2018 Extra long building & comes with a side lot. As Is, No FHA

Last Agent to Sell the Property

Richard Salinas

Elite Realty Group License #471022271 Listed on: 05/27/2022

Last Buyer's Agent

Hermes Vierma

Century 21 Universal License #475196076

Century 21 Universal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,508

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 50x133

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • 2,300 Sq Ft Home
  • Raised Ranch Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,508

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1960
  • 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 2300
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Cooling: Window/Wall Units - 2
  • Heating: Radiator(s)
  • 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

Lot Info

  • Lot Dimensions: 50X133
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4508
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 15, 2023
Sold by
Salinas Richard D
Bought by
Gonzalez Jose Alejandro Ba and Garcia Lidia
Seller's Agent
Richard Salinas
Elite Realty Group
Buyer's Agent
Hermes Vierma
Century 21 Universal
List Price
$340,000
Sold Price
$332,500
Premium/Discount to List
-$7,500
-2.21%
Views
14
Current Estimated Value
$410,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,106
Avg. Annual Appreciation
9.31%
Original Mortgage
$315,875
Outstanding Balance
$307,413
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$103,193

Purchase Details

Closed on
Nov 20, 2017
Sold by
Salinas Richard and Salinas Elizabeth
Bought by
Salinas Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2000
Sold by
Nowak Helen
Bought by
Marquette National Bank and Trust #15202
Source: Public Records

Range of Values:

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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
Gonzalez Jose Alejandro Ba $332,500 Fidelity National Title
Salinas Richard D -- Carrington Title Partners Ll
Marquette National Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Jose Alejandro Ba $315,875
Previous Owner Salinas Richard D $169,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $332,500 -2.2% $145 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
05/27/2022 05/27/22 For Sale $340,000 -- $148 / 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 $4,388 $31,000 $9,310 $21,690
2023 $4,257 $24,001 $8,313 $15,688
2022 $4,257 $24,001 $8,313 $15,688
2021 $4,156 $23,999 $8,312 $15,687
2020 $4,509 $23,210 $6,650 $16,560
2019 $4,521 $25,789 $6,650 $19,139
2018 $4,444 $25,789 $6,650 $19,139
2017 $3,915 $21,442 $5,985 $15,457
2016 $3,819 $21,442 $5,985 $15,457
2015 $3,474 $21,442 $5,985 $15,457
2014 $3,163 $19,486 $5,652 $13,834
2013 $3,090 $19,486 $5,652 $13,834
Source: Public Records

Agents Affiliated with this Home

  • Richard Salinas

    Seller's Agent in 2023

    Richard Salinas

    Elite Realty Group

    (773) 988-7979

    2 in this area

    40 Total Sales

    Richard Salinas
    Section Image
  • Hermes Vierma

    Buyer's Agent in 2023

    Hermes Vierma

    Century 21 Universal

    (312) 451-3331

    2 in this area

    9 Total Sales

    Hermes Vierma
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11417954

Midwest Real Estate Data (MRED)

APN: 19-08-322-009-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5308 S Mcvicker Ave, Chicago, IL

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