NOT LISTED FOR SALE

5417 S Lotus Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $296,000 - $369,000

3 Beds
1 Bath
1,032 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $245,000 $237 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,119/month

25 Days on Market

Highlights

  • Raised Ranch Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of April 2021

Beautiful Raised Ranch home in Garfield Ridge. The property offers a Living room, Kitchen/dining combo, 3 beds & 1 bath. Partially finished basement offers a family room, Laundry/Utility room, and storage area. Step outside to the rear yard and you will find a patio and Pool that comes with accessories followed by a 2 car garage. Close access to major expressways shopping, transportation and Midway Airport.

Last Agent to Sell the Property

Edgard Diaz

Century 21 NuVision Real Estate License #471013773 Listed on: 03/12/2021

Century 21 NuVision Real Estate

Last Buyer's Agent

Luis Ortiz

RE/MAX Partners License #475136884

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1954

Lot Details

  • 3,781 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,032 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Ranch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,028

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1032
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 249000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0868
  • Lot Dimensions: 3780
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4028.31
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
May 12, 2021
Sold by
Diaz Christian and Santos Sheyla S
Bought by
Salazar Juan G
Seller's Agent
Edgard Diaz
Century 21 NuVision Real Estate
Buyer's Agent
Luis Ortiz
RE/MAX Partners
Sold Price
$245,000
Current Estimated Value
$329,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,758
Avg. Annual Appreciation
6.79%
Original Mortgage
$155,000
Outstanding Balance
$140,227
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$189,531

Purchase Details

Listed on
Feb 6, 2016
Closed on
Mar 23, 2016
Sold by
Fannie Mae
Bought by
Diaz Christian
Seller's Agent
Jose De La Torre
Century 21 NuVision Real Estate
Buyer's Agent
Catherine Dippolito
Home Sellers Realty Inc
List Price
$159,500
Sold Price
$167,000
Premium/Discount to List
$7,500
4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$150,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Federal National Mortgage Association
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
Salazar Juan G $245,000 Chicago Title
Diaz Christian $167,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Juan G $155,000
Previous Owner Diaz Christian $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2021 04/12/21 For Sale -- -- --
04/12/2021 04/12/21 For Sale $249,000 +1.6% $241 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/05/2021 04/05/21 Sold $245,000 0.0% $237 / Sq Ft
04/05/2021 04/05/21 Off Market $245,000 -- --
03/11/2021 03/11/21 For Sale $249,000 +49.1% $241 / Sq Ft
05/05/2016 05/05/16 Sold $167,000 +4.7% $162 / Sq Ft View Prior Sale
02/24/2016 02/24/16 Pending -- -- --
02/06/2016 02/06/16 For Sale $159,500 -- $155 / 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 $4,455 $27,000 $4,725 $22,275
2023 $4,344 $21,000 $3,780 $17,220
2022 $4,344 $21,000 $3,780 $17,220
2021 $3,553 $21,000 $3,780 $17,220
2020 $3,280 $17,731 $3,780 $13,951
2019 $4,028 $19,923 $3,780 $16,143
2018 $3,961 $19,923 $3,780 $16,143
2017 $3,916 $18,071 $3,402 $14,669
2016 $3,643 $18,071 $3,402 $14,669
2015 $3,336 $18,071 $3,402 $14,669
2014 $2,984 $15,956 $3,213 $12,743
2013 $484 $15,956 $3,213 $12,743
Source: Public Records

Agents Affiliated with this Home

  • Edgard Diaz

    Seller's Agent in 2021

    Edgard Diaz

    Century 21 NuVision Real Estate

    (773) 960-0213

    14 in this area

    140 Total Sales

    Edgard Diaz
    Section Image
  • Luis Ortiz

    Buyer's Agent in 2021

    Luis Ortiz

    RE/MAX

    (708) 990-4079

    13 in this area

    859 Total Sales

    Luis Ortiz
    Section Image
  • Jose De La Torre

    Seller's Agent in 2016

    Jose De La Torre

    Century 21 NuVision Real Estate

    (773) 577-6450

    7 in this area

    82 Total Sales

    Jose De La Torre
    Section Image
  • Albert Diaz

    Seller Co-Listing Agent in 2016

    Albert Diaz

    Century 21 NuVision Real Estate

    (773) 616-2110

    22 in this area

    95 Total Sales

    Albert Diaz
    Section Image
  • Catherine Dippolito

    Buyer's Agent in 2016

    Catherine Dippolito

    Home Sellers Realty Inc

    (708) 363-2196

    1 in this area

    7 Total Sales

    Catherine Dippolito
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11018620

Midwest Real Estate Data (MRED)

APN: 19-09-327-067-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5417 S Lotus Ave, Chicago, IL

This home is located at 5417 S Lotus Ave, Chicago, IL 60638 since 12 March 2021 and is currently estimated at $329,758, approximately $319 per square foot. This property was built in 1954. 5417 S Lotus Ave is a home located in Cook County with nearby schools including Twain Elementary School, Kennedy High School, and Gloria Dei Lutheran School.

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