NOT LISTED FOR SALE

5325 W Melrose St Chicago, IL 60641

Cragin Neighborhood

Estimated Value: $407,000 - $522,000

4 Beds
2.5 Baths
1,353 Sq Ft
$337/Sq Ft Est. Value

Sale Details

Date Sold: August 25, 2016

Last sale price $225,000 $166 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,027 / mo

28 Days on Market

Highlights

  • 84 Acre Lot
  • Finished Attic
  • Fenced Yard
  • Wood Flooring
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of August 2016

All brick Bungalow with above average square footage with steel center beam construction in desirable Belmont/ Central, Cragin location. Huge Foyer, LR and DR; Kitchen has many wall cabinets and is adjacent to a heated back porch; Bathroom on every level! Rare gas forced air heat and central air conditioning! Basement is finished with a full bath and exterior access; Roof on the house torn off less than 2 years ago; 2 car garage

Last Agent to Sell the Property

Greg Ignarski

RE/MAX City License #475134591 Listed on: 04/05/2016

RE/MAX City

Last Buyer's Agent

Nicoll Garry

Real People Realty License #475152486

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,407

Year Built

  • Built in 1923

Lot Details

  • 84 Acre Lot
  • Lot Dimensions are 30x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

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

Interior Spaces

  • 1,353 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Finished Attic
  • Storm Screens
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 60 Amp Service
  • Lake Michigan Water

Community Details

  • Bingalow

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,407

Year Built

Built in 1923

Lot Details

84 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1353
  • Other Equipment: Humidifier
  • Room Type: Enclosed Porch
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Attic: Finished

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Brick/Mortar
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, Service - 60 Amp
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 84
  • Lot Dimensions: 30X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4406.65
  • Tax Year: 2014
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
Aug 18, 2016
Sold by
Bought by
Seller's Agent
Greg Ignarski
RE/MAX City
Buyer's Agent
Nicoll Garry
Real People Realty
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$455,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,550
Avg. Annual Appreciation
7.36%
Original Mortgage
$216,015
Interest Rate
0.035%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $216,015
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/25/2016 08/25/16 Sold $225,000 -10.0% $166 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $249,900 0.0% $185 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $249,900 -- $185 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,544 $33,000 $11,625 $21,375
2024 $6,544 $33,000 $11,625 $21,375
2023 $6,380 $31,000 $9,375 $21,625
2022 $6,380 $31,000 $9,375 $21,625
2021 $6,238 $31,000 $9,375 $21,625
2020 $4,713 $21,146 $5,437 $15,709
2019 $4,776 $23,760 $5,437 $18,323
2018 $4,696 $23,760 $5,437 $18,323
2017 $5,035 $23,376 $4,875 $18,501
2016 $4,685 $23,376 $4,875 $18,501
2015 $4,286 $23,376 $4,875 $18,501
2014 $4,407 $23,733 $4,500 $19,233
2013 $4,320 $23,733 $4,500 $19,233
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Greg Ignarski

    RE/MAX

    (773) 914-0600

    25 Total Sales

    Greg Ignarski
    Section Image
  • Nicoll Garry

    Buyer's Agent in 2016

    Nicoll Garry

    Real People Realty

    (773) 416-4298

    11 Total Sales

    Nicoll Garry
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09185594

Midwest Real Estate Data (MRED)

APN: 13-21-329-012-0000

Illinois Cook County Chicago 60641 Cragin

5325 W Melrose St, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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