NOT LISTED FOR SALE

5324 S Melvina Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $302,000 - $360,000

2 Beds
2 Baths
1,142 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $186,000 $163 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,077/month

42 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Bungalow
  • Fenced Yard
  • Breakfast Bar
  • Property is near a bus stop

About This Home

As of June 2018

Solid & Spacious(1142 Sq. Ft.) 2 Bedroom Chicago Brick Bungalow with Formal Dining Room + Eat-in sized Kitchen for everyday! Features New HW tank-Feb 2018, Newer Roof~5yrs; Appliances to include:Stove, Refrigerator, Dishwasher, Clothes Washer & Dryer ~7yrs;Vinyl Thermalpane or glass block windows throughout & new entry doors ~10yrs, along with clean, comfortable & efficient Hot Water Radiator heat PLUS Central Air ~10 yrs....for the best of both worlds! Finished basement with Rec Rm (room for 3rd Bedroom). Please Note: NO garage...., however North lot line is approx. 15 Ft from home, so MAY be possible to obtain a permit for a 1 car or 2 car tandem garage if needed. All situated on a 41' X 125' lot 2 blocks for all Archer Avenue amenities make this: The Best bet for your Budget yet. "C" it sooon!!

Last Agent to Sell the Property

John Spradley

Archer Realty West Listed on: 03/01/2018

Last Buyer's Agent

Irma Salinas

RE/MAX Partners License #475127503

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,176

Year Built

  • 1936

Lot Details

  • East or West Exposure
  • Fenced Yard

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Central Air
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Enclosed Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • $5,580 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,176

Year Built

1936

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1152
  • Unfinished Basement Sq Ft: 200
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Attic: Full, Interior Stair, Unfinished
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 12X13, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 13X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 1142
  • Estimated Total Finished Sq Ft: 1802
  • Basement Sq Ft: 850
  • Basement Finished Sq Ft: 650
  • Main Level Sq Ft: 1152
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X20, On Level: Basement, Flooring: Vinyl, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch, Storms/Screens
  • Exposure: E (East), W (West)
  • Acreage: 0.1207

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Radiators

Condo/Co-op/Association

  • Assessed Sq Ft: 1142

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 41' X 125'
  • Lot Description: Fenced Yard, Rear of Lot
  • Parcel Identification Number: 19083190750000

Tax Info

  • Taxes: 2883.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 18, 2018
Sold by
Sheppard David J
Bought by
Olivo Camaxtle F and Olivo Vanessa
Seller's Agent
John Spradley
Archer Realty West
Buyer's Agent
Irma Salinas
RE/MAX Partners
List Price
$184,999
Sold Price
$186,000
Premium/Discount to List
$1,001
0.54%
Current Estimated Value
$328,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,673
Avg. Annual Appreciation
8.04%
Original Mortgage
$176,700
Outstanding Balance
$156,082
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$172,591

Purchase Details

Closed on
Apr 3, 1998
Sold by
Sheppard William and Sheppard Laura
Bought by
Sheppard David J

Purchase Details

Closed on
Apr 26, 1995
Sold by
Sorich Mary
Bought by
Sheppard William G and Sheppard Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,908
Interest Rate
8.39%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Olivo Camaxtle F $186,000 Attorneys Title Guaranty Fun
Sheppard David J $115,000 --
Sheppard William G $105,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olivo Camaxtle F $176,700
Previous Owner Sheppard William G $104,908
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $186,000 0.0% $163 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/12/2018 04/12/18 Off Market $186,000 -- --
03/01/2018 03/01/18 For Sale $184,999 -- $162 / 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 $4,176 $28,000 $7,360 $20,640
2023 $4,050 $23,000 $6,571 $16,429
2022 $4,050 $23,000 $6,571 $16,429
2021 $3,955 $22,999 $6,571 $16,428
2020 $3,058 $16,740 $5,257 $11,483
2019 $3,067 $18,600 $5,257 $13,343
2018 $3,015 $18,600 $5,257 $13,343
2017 $2,909 $16,799 $4,731 $12,068
2016 $2,883 $16,799 $4,731 $12,068
2015 $2,617 $16,799 $4,731 $12,068
2014 $2,347 $15,122 $4,468 $10,654
2013 $2,290 $15,122 $4,468 $10,654
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Spradley

    Archer Realty West

    Section Image
  • Irma Salinas

    Buyer's Agent in 2018

    Irma Salinas

    RE/MAX

    (708) 484-2300

    1 in this area

    37 Total Sales

    Irma Salinas
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09869610

Midwest Real Estate Data (MRED)

APN: 19-08-319-075-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5324 S Melvina Ave, Chicago, IL

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