NOT LISTED FOR SALE

5325 S Melvina Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $366,000 - $414,000

3 Beds
2 Baths
2,000 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 10, 2012

Last sale price $155,000 $78 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,397/month

15 Days on Market

Highlights

  • Pond
  • Central Air
  • Combination Dining and Living Room
  • Fenced Yard

About This Home

As of July 2012

Great 60'x 125' lot subdivided into 2- 30' lots. Recent medium rehab with new windows,siding doors, bath, kitchen, front porch. Solid home with straight floors. Great rental property for speculator. It is for rented $1400.00/ month.

Last Agent to Sell the Property

Stan Latek

Prospect Equities Real Estate License #475154432 Listed on: 03/26/2012

Last Buyer's Agent

Joe Castillo

RE/MAX Mi Casa License #471000216

RE/MAX Mi Casa

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,388

Year Built

  • 1915

Lot Details

  • 3,920

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Combination Dining and Living Room
  • Oven or Range

Partially Finished Basement

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

Parking

  • Off Alley Driveway
  • Off-Street Parking
  • Off Alley Parking

Utilities

  • Central Air
  • No Cooling
  • Lake Michigan Water

Additional Features

  • Pond
  • Fenced Yard

Property Details

Home Type

Other

Est. Annual Taxes

$4,388

Year Built

1915

Lot Details

0

Interior Features

  • Total # Of Rooms: 7
  • Appliances: Oven/Range, Refrigerator
  • Attic: Finished
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X14
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X12
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 8X8
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 15X15
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 15X15
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Pantry-Walk-in
  • Kitchen Level: Main Level
  • Kitchen Size: 15X12
  • Kitchen Flooring: Wood Laminate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking: Off Alley, Off Street
  • Parking Type: Space/s
  • Driveway: Off Alley

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air, None
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air
  • Sewer: Sewer-Storm

Condo/Co-op/Association

  • Fee Frequency: Not Applicable

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 60X125
  • Lot Description: Fenced Yard, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2012
Closed on
Jul 10, 2012
Sold by
Latek Bobbie
Bought by
Enriquez John Moses
Seller's Agent
Stan Latek
Prospect Equities Real Estate
Buyer's Agent
Joe Castillo
RE/MAX Mi Casa
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$386,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,215
Avg. Annual Appreciation
7.10%
Original Mortgage
$152,192
Outstanding Balance
$105,354
Interest Rate
3.73%
Mortgage Type
FHA
Estimated Equity
$280,861

Purchase Details

Closed on
Jun 13, 2011
Sold by
Integra Bank Na
Bought by
Latek Bobbie

Purchase Details

Closed on
Oct 20, 2010
Sold by
Browne Christopher and Browne Anne
Bought by
Integra Bank National Association

Purchase Details

Closed on
Aug 26, 2008
Sold by
Browne Christopher and Browne Anne
Bought by
Browne Builders Inc

Purchase Details

Closed on
Jul 21, 2003
Sold by
Marquette Bank
Bought by
Browne Christopher and Browne Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
4%
Mortgage Type
Seller Take Back
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
Enriquez John Moses $155,000 None Available
Latek Bobbie $75,000 Stewart Title Company
Integra Bank National Association -- None Available
Browne Builders Inc -- None Available
Browne Christopher $220,000 Agtf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enriquez John Moses $152,192
Previous Owner Browne Christopher $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2012 07/10/12 Sold $155,000 -3.1% $78 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $159,900 -- $80 / 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 $34,385 $5,695 $28,690
2023 $4,257 $26,385 $5,085 $21,300
2022 $4,257 $26,385 $5,085 $21,300
2021 $4,156 $24,000 $5,085 $18,915
2020 $4,073 $21,268 $4,068 $17,200
2019 $4,085 $23,632 $4,068 $19,564
2018 $4,015 $23,632 $4,068 $19,564
2017 $3,040 $17,404 $3,661 $13,743
2016 $3,005 $17,404 $3,661 $13,743
2015 $2,728 $17,404 $3,661 $13,743
2014 $2,563 $16,275 $3,457 $12,818
2013 $2,502 $16,275 $3,457 $12,818
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Stan Latek

    Prospect Equities Real Estate

    (708) 715-2835

    2 in this area

    39 Total Sales

    Stan Latek
    Section Image
  • Joe Castillo

    Buyer's Agent in 2012

    Joe Castillo

    RE/MAX

    (773) 255-6532

    6 in this area

    150 Total Sales

    Joe Castillo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08027431

Midwest Real Estate Data (MRED)

APN: 19-08-320-075-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5325 S Melvina Ave, Chicago, IL

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