NOT LISTED FOR SALE

5308 S Melvina Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $300,000 - $320,744

2 Beds
1 Bath
960 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $255,000 $266 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,020/month

5 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Central Air

About This Home

As of June 2021

ABSOLUTELY SOLID RANCH HOME available for sale in Garfield Ridge. This home includes 2 bedrooms and one bathroom, a very nice and private outdoor area that is fully fenced perfect for a bbq with a custom waterfall feature. A huge basement space great for entertaining. A 2.5 car detached garage great for extra storage. UPDATES include Roof (2017), Central Air unit (2014), Chimney rebuilt with a stainless steel liner (2020), Garage door and door opener (2015). Windows have all been replaced by the Sound Insulation Program. IDEAL LOCATION!! Conveniently 10 minutes away from Midway International Airport, minutes away from I-55, shopping, and great restaurants. This home qualifies for many financing types, including low down payment and down payment assistance for first time home buyers. Call for details!!!

Last Agent to Sell the Property

Jorge Villegas

Real Broker, LLC License #475188625 Listed on: 04/24/2021

Last Buyer's Agent

Juanita Bricio

Internet Real Estate, LTD. License #475149530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,608

Year Built

  • Built in 1954

Lot Details

  • 4,164 Sq Ft Lot
  • Lot Dimensions are 125x33

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 960 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,608

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1954
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 960
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.0956
  • Lot Dimensions: 125X33
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3608.11
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jun 1, 2021
Sold by
Maskala Michael
Bought by
Raigoza Daisy and Muniz Alberto Antonio
Seller's Agent
Jorge Villegas
Real Broker, LLC
Buyer's Agent
Juanita Bricio
Internet Real Estate, LTD.
Sold Price
$255,000
Current Estimated Value
$306,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,686
Avg. Annual Appreciation
4.29%
Original Mortgage
$247,350
Outstanding Balance
$223,840
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$82,846

Purchase Details

Closed on
Nov 15, 1996
Sold by
Pievani Maureen
Bought by
Maskala Michael Arthur
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
Raigoza Daisy $255,000 Chicago Title
Maskala Michael Arthur $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raigoza Daisy $247,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $255,000 +8.3% $266 / Sq Ft
04/30/2021 04/30/21 For Sale -- -- --
04/29/2021 04/29/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $235,500 -- $245 / 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 $25,000 $5,832 $19,168
2023 $4,757 $23,001 $5,208 $17,793
2022 $4,757 $23,001 $5,208 $17,793
2021 $3,955 $22,999 $5,207 $17,792
2020 $3,597 $19,146 $4,166 $14,980
2019 $3,608 $21,274 $4,166 $17,108
2018 $3,547 $21,274 $4,166 $17,108
2017 $2,771 $16,164 $3,749 $12,415
2016 $2,755 $16,164 $3,749 $12,415
2015 $2,499 $16,164 $3,749 $12,415
2014 $2,374 $15,264 $3,541 $11,723
2013 $2,316 $15,264 $3,541 $11,723
Source: Public Records

Agents Affiliated with this Home

  • Jorge Villegas

    Seller's Agent in 2021

    Jorge Villegas

    Real Broker, LLC

    (312) 608-8015

    1 in this area

    78 Total Sales

    Jorge Villegas
    Section Image

  • J

    Buyer's Agent in 2021

    Juanita Bricio

    Internet Real Estate, LTD.

    (708) 267-3503

    1 in this area

    9 Total Sales

    Juanita Bricio
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11065329

Midwest Real Estate Data (MRED)

APN: 19-08-319-049-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5308 S Melvina Ave, Chicago, IL

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