Seller's Agent in 2021
Joseph Kotoch
Compass
(773) 727-1093
2 in this area
206 Total Sales
5318 W Melrose St Chicago, IL 60641
Cragin NeighborhoodEstimated Value: $472,000 - $503,000
4
Beds
3
Baths
2,000
Sq Ft
$246/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
- $4,856
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
List Price
$375,000
Sold Price
$372,500
Premium/Discount to List
-$2,500
-0.67%
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
$118,822
Avg. Annual Appreciation
6.25%
Original Mortgage
$353,875
Outstanding Balance
$321,053
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$169,203
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 | $4,856 | $30,064 | $11,625 | $18,439 |
| 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
-
Jake Fugman
Buyer's Agent in 2021
Jake Fugman
eXp Realty
(630) 379-7464
2 in this area
230 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10949147
APN: 13-21-325-034-0000
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