5318 W Melrose St Chicago, IL 60641
Cragin NeighborhoodEstimated Value: $454,597 - $485,000
4
Beds
3
Baths
2,000
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Wood Flooring
- Heated Enclosed Porch
- Recreation Room
- Main Floor Bedroom
- Detached Garage
About This Home
As of February 2021Extra Income Potential! Immaculately Maintained Solid Chicago Bungalow. The second level has been dormered and converted into a separate apartment with 2 Bedrooms, a Full Bath, and Full Kitchen. Beautiful classic wood detailing throughout the home. 2 Bedrooms and Full Bath on the main level. Finished, Dry Basement also has the home's 3rd Full Bath. Hardwood Floors on the main and second levels. Well manicured back yard with detailed brick paver patio. 2.5 car garage and parking pad for a 3rd car next to the garage as well. Recent updates include: New Windows-2017, New Roof-2014, New Boilers-2013&15, Kitchen Appliances-2014, Finished Basement-2012, New Laundry-2017, Patio-2018, Garage Roof-2014, New Water Heater-2015. Super clean home. Excellent location in Portage Park walking distance from shops, restaurants, and major public transportation lines. Won't last long! This home is an excellent opportunity for anyone, including Investors, House-Hackers, owner occupiers, and Multi-family situations!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,733
Year Built
- 1927
Lot Details
- 3,485
Parking
- Detached Garage
- Garage Is Owned
Home Design
- Bungalow
- Brick Exterior Construction
- Asphalt Shingled Roof
Interior Spaces
- Recreation Room
- Heated Enclosed Porch
- Wood Flooring
Kitchen
- Second Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- Main Floor Bedroom
- In-Law or Guest Suite
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Patio
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
- $7,500 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2020
Closed on
Feb 25, 2021
Sold by
Wielgat Waldemar and Wielgat Krystyna
Bought by
Difabio Alex and Rosenthal Allyson
Seller's Agent
Joseph Kotoch
Compass
Buyer's Agent
Jake Fugman
eXp Realty, LLC
List Price
$375,000
Sold Price
$372,500
Premium/Discount to List
-$2,500
-0.67%
Total Days on Market
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,149
Avg. Annual Appreciation
4.11%
Original Mortgage
$353,875
Outstanding Balance
$321,053
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$121,420
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Difabio Alex | $372,500 | Saturn Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Difabio Alex | $353,875 | |
| Previous Owner | Welgat Waldemar | $175,000 | |
| Previous Owner | Wielgat Waldemar | $92,857 | |
| Previous Owner | Wielgat Waldemar | $25,000 | |
| Previous Owner | Wielgat Waldemar | $136,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2021 02/25/21 | Sold | $372,500 | -0.7% | $186 / Sq Ft |
| 01/06/2021 01/06/21 | Pending | -- | -- | -- |
| 12/08/2020 12/08/20 | For Sale | $375,000 | -- | $188 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,733 | $32,000 | $11,625 | $20,375 |
| 2023 | $4,733 | $23,000 | $9,375 | $13,625 |
| 2022 | $4,733 | $23,000 | $9,375 | $13,625 |
| 2021 | $3,958 | $23,000 | $9,375 | $13,625 |
| 2020 | $3,696 | $19,685 | $5,437 | $14,248 |
| 2019 | $3,757 | $22,119 | $5,437 | $16,682 |
| 2018 | $3,693 | $22,119 | $5,437 | $16,682 |
| 2017 | $3,756 | $20,815 | $4,875 | $15,940 |
| 2016 | $3,671 | $20,815 | $4,875 | $15,940 |
| 2015 | $3,336 | $20,815 | $4,875 | $15,940 |
| 2014 | $3,287 | $20,270 | $4,500 | $15,770 |
| 2013 | $3,211 | $20,270 | $4,500 | $15,770 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Kotoch
Seller's Agent in 2021
Joseph Kotoch
Compass
(773) 727-1093
2 in this area
231 Total Sales
-
Jake Fugman
Buyer's Agent in 2021
Jake Fugman
eXp Realty, LLC
(630) 379-7464
3 in this area
228 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10949147
APN: 13-21-325-034-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 5343 W Henderson St
- 5402 W Melrose St
- 5434 W School St
- 3114 N Long Ave
- 5515 W Henderson St
- 5151 W Fletcher St
- 5522 W School St
- 3054 N Long Ave
- 5336 W Nelson St
- 5111 W Roscoe St
- 3043 N Laramie Ave Unit 2
- 5054 W Newport Ave
- 5527 W Cornelia Ave
- 5305 W Wellington Ave
- 5529 W Cornelia Ave
- 5020 W Fletcher St
- 5030 W Barry Ave
- 5633 W Henderson St
- 3444 N Central Ave
- 3448 N Central Ave
- 5318 W Melrose St
- 5316 W Melrose St
- 5320 W Melrose St
- 5312 W Melrose St
- 5324 W Melrose St
- 5310 W Melrose St
- 5328 W Melrose St
- 5306 W Melrose St
- 5330 W Melrose St
- 5319 W School St
- 5323 W School St
- 5317 W School St
- 5304 W Melrose St
- 5315 W School St
- 5325 W School St
- 5311 W School St
- 5329 W School St
- 5300 W Melrose St
- 5317 W Melrose St
- 5317 W Melrose St Unit 1