5408 W Melrose St Chicago, IL 60641
Cragin NeighborhoodEstimated Value: $439,000 - $490,000
4
Beds
3
Baths
1,800
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- Property is near a park
- Main Floor Bedroom
- Tennis Courts
- Wood Flooring
- Loft
- 4-minute walk to Chopin Park
About This Home
As of September 2021Super-spacious, oh-so-stylish updated brick bungalow in the hot Portage Park/Belmont Cragin area. Situated on a 35' wide lot, this bungalow has oversized rooms; it's such a LARGE, comfortable home! In fact, there's room for everyone in this 5 BR 3 BA home-bring your extended family! When you step inside your first thoughts will be "fresh", "open", "light", and "stylish". This home has been loved, cared for, and decorated in a really neutral but stylish manner. Which in the home search world means the magical words apply: move in ready! The main floor features wide open space, huge windows, hardwood floors, a full formal dining room, 2BRs, enclosed rear porch, and an eat-in kitchen. *Second floor features a really wonderful primary suite with sitting area, dressing room, walk-in closet and full bath. *Finished English basement is the perfect in-law setup: living room, 2 BRs, nicely-done full bath, and plumbing/gas lines are already installed behind the drywall for installing a kitchen. *Extensive, established perennial gardens surround the home both front and back. The back yard will astonish you: a dining area and multiple seating areas, plus a shade area, are nestled amongst a truly lovely garden. For small weeknight BBQs or huge celebratory events, your family will love being in this fabulous and private back yard. In fact, your family will love the classic-meets-hip feeling of this entirely-stylish home! Multiple offers received, Sold for over asking price. If you have been thinking about selling, call me!It's still a great time to sell!
Last Agent to Sell the Property
Coldwell Banker Realty License #475149886 Listed on: 07/01/2021
Last Buyer's Agent
@properties Christie's International Real Estate License #475151345
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,235
Year Built
- Built in 1930 | Remodeled in 2011
Lot Details
- 4,125 Sq Ft Lot
- Lot Dimensions are 35 x 125
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 1 Car Detached Garage
- Carport
- Garage Door Opener
- Parking Included in Price
Home Design
- Bungalow
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,800 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- ENERGY STAR Qualified Windows
- Formal Dining Room
- Library
- Loft
- Home Security System
- Washer
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- Bathroom on Main Level
- 3 Full Bathrooms
- Dual Sinks
- European Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
Schools
- Marvin Camras Elementary School
- Foreman High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- TV Antenna
Additional Features
- Patio
- Property is near a park
Community Details
- Tennis Courts
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2021
Closed on
Aug 13, 2021
Sold by
Lively Robert M and Lively Daniela M
Bought by
Tortora Nathaniel David and Landon Maggie
Seller's Agent
Daniel Cartalucca
Coldwell Banker Realty
Buyer's Agent
David Zwarycz
@properties Christie's International Real Estate
List Price
$399,000
Sold Price
$415,500
Premium/Discount to List
$16,500
4.14%
Total Days on Market
5
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
$46,459
Avg. Annual Appreciation
1.50%
Original Mortgage
$381,450
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2019
Sold by
Oberhoffer Daniela M and Lively Daniela M
Bought by
Lively Robert M and Lively Daniela M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 15, 2011
Sold by
Mirea Daniel F
Bought by
Oberhoffer Steven and Oberhoffer Daniela M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,650
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 13, 2011
Sold by
U S Bank National Trust Company
Bought by
Mirea Daniel F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,850
Interest Rate
4.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2010
Sold by
Quezadas Cesar
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
May 2, 2006
Sold by
Reninger Jill
Bought by
Quezadas Cesar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.54%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 18, 2003
Sold by
Penkala Nancy
Bought by
Reninger Jill
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.5%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Tortora Nathaniel David | $415,500 | Chicago Title | |
| Lively Robert M | -- | Fidelity National Title | |
| Oberhoffer Steven | $287,000 | None Available | |
| Mirea Daniel F | $121,000 | Premier Title | |
| Deutsche Bank National Trust Company | -- | Premier Title Company | |
| Quezadas Cesar | $375,000 | Attorneys Title Guaranty Fun | |
| Reninger Jill | $255,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tortora Nathaniel David | $381,450 | |
| Previous Owner | Lively Robert M | $244,000 | |
| Previous Owner | Oberhoffer Daniela M | $266,585 | |
| Previous Owner | Oberhoffer Steven | $272,650 | |
| Previous Owner | Mirea Daniel F | $102,850 | |
| Previous Owner | Quezadas Cesar | $75,000 | |
| Previous Owner | Quezadas Cesar | $300,000 | |
| Previous Owner | Reninger Jill | $62,404 | |
| Previous Owner | Reninger Jill | $204,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2021 09/01/21 | Sold | $415,500 | +4.1% | $231 / Sq Ft |
| 07/07/2021 07/07/21 | Pending | -- | -- | -- |
| 07/01/2021 07/01/21 | For Sale | $399,000 | -- | $222 / 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 | $6,293 | $36,001 | $12,788 | $23,213 |
| 2023 | $6,293 | $34,001 | $10,313 | $23,688 |
| 2022 | $6,293 | $34,001 | $10,313 | $23,688 |
| 2021 | $6,171 | $33,999 | $10,312 | $23,687 |
| 2020 | $5,199 | $26,425 | $5,981 | $20,444 |
| 2019 | $5,279 | $29,691 | $5,981 | $23,710 |
| 2018 | $5,189 | $29,691 | $5,981 | $23,710 |
| 2017 | $4,802 | $25,668 | $5,362 | $20,306 |
| 2016 | $4,643 | $25,668 | $5,362 | $20,306 |
| 2015 | $4,225 | $25,668 | $5,362 | $20,306 |
| 2014 | $4,611 | $27,400 | $4,950 | $22,450 |
| 2013 | $4,508 | $27,400 | $4,950 | $22,450 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Cartalucca
Seller's Agent in 2021
Daniel Cartalucca
Coldwell Banker Realty
(847) 436-1764
1 in this area
64 Total Sales
-
David Zwarycz
Buyer's Agent in 2021
David Zwarycz
@ Properties
(312) 405-1843
1 in this area
148 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11140239
APN: 13-21-324-034-0000
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