NOT LISTED FOR SALE

5417 S Melvina Ave Unit 10 Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $264,000 - $295,000

2 Beds
2 Baths
1,100 Sq Ft
$300/mo HOA Fee

Last Sold December 08, 2023

Last sale price $245,000 $223 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,034/month

37 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • Balcony
  • End Unit
  • Stainless Steel Appliances
  • Wood Frame Window

About This Home

As of December 2023

Welcome to your dream 2 bedroom, 2 bathroom penthouse in the heart of Garfield Ridge! This corner unit is a true gem, offering a luxurious and spacious open concept living experience that will leave you breathless. Within the past 5 years, this unit has been thoughtfully upgraded with new heating and air conditioning systems, new hardwood flooring, all new kitchen appliances, beautiful quartz countertops, a stunning tiled glass backsplash and many high end finishes throughout. The convenience of a new washer/dryer and soundproofing windows adds to the modern living experience. The building itself boasts a of new roof, ensuring peace of mind for years to come. Additionally, this building features an elevator, extremely unique for the area! This corner unit floods with natural sunlight, enhancing the open concept floor plan and filling the home with warmth even on those chilly winter days. Many features to love including the beautiful gas fireplace right in the heart of the living area. Step out onto your private balcony to enjoy city views and unwind. The spacious floor plan allows for easing entertaining and every day living. Your guests wont want to leave and neither will you! Prime parking spot in fully enclosed garage and secure storage space are included. Garfield Ridge is a sought-after neighborhood known for its convenience and community feel, providing easy access to airport, restaurants, and shopping. Downtown is just a 20-minute drive away, making your commute a breeze. Don't miss out on the opportunity to make this incredible 2 bed, 2 bath penthouse your new home! Schedule a viewing today and experience the wow factor for yourself. This is urban living at its finest. Absolutely nothing to do but move right in and start living the life you deserve!

Last Agent to Sell the Property

Stefanie D'Agostino

Redfin Corporation License #475172406 Listed on: 09/21/2023

Redfin Corporation

Last Buyer's Agent

Armando Vargas

Berkshire Hathaway HomeServices Chicago License #475150213

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 2000

Lot Details

  • End Unit

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Wood Frame Window
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Courtyard

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 10 Units
  • Self Managed Association
  • Property managed by Self-Managed

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,418

Year Built

Built in 2000

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • Window Features: Blinds,Storm Window(s),Wood Frames

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 300
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: Self-Managed
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3418.35
  • Tax Year: 2021

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Dec 7, 2023
Sold by
Sota Brian and Sota Debbie
Bought by
Alcazar Elias
Seller's Agent
Stefanie D'Agostino
Redfin Corporation
Buyer's Agent
Armando Vargas
Berkshire Hathaway HomeServices Chicago
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%
Views
96
Current Estimated Value
$272,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,831
Avg. Annual Appreciation
5.86%
Original Mortgage
$165,000
Outstanding Balance
$161,535
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$111,296

Purchase Details

Listed on
May 14, 2012
Closed on
Mar 13, 2013
Sold by
Pierorazio Linda and Mraz Linda
Bought by
Sota Brian
Seller's Agent
Paul Hendershott
Double TT Real Estate Inc.
Buyer's Agent
Sabrina Seropian
Niego Real Estate
List Price
$139,900
Sold Price
$123,000
Premium/Discount to List
-$16,900
-12.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$110,200
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2003
Sold by
Stec Virginia M
Bought by
Pierorazio Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.43%
Mortgage Type
Unknown
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
Alcazar Elias $245,000 Old Republic Title
Sota Brian $116,000 Attorneys Title Guaranty Fun
Pierorazio Linda $225,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcazar Elias $165,000
Previous Owner Sota Brian $110,200
Previous Owner Pierorazio Linda $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2023 12/08/23 Sold $245,000 -5.4% $223 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $259,000 +110.6% $235 / Sq Ft
03/13/2013 03/13/13 Sold $123,000 0.0% $112 / Sq Ft View Prior Sale
02/28/2013 02/28/13 Off Market $123,000 -- --
01/08/2013 01/08/13 Pending -- -- --
12/13/2012 12/13/12 Price Changed $134,900 -3.6% $123 / Sq Ft
12/10/2012 12/10/12 For Sale $139,900 0.0% $127 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
09/27/2012 09/27/12 Price Changed $139,900 0.0% $127 / Sq Ft
09/27/2012 09/27/12 For Sale $139,900 -6.4% $127 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
07/18/2012 07/18/12 Price Changed $149,500 -0.3% $136 / Sq Ft
07/06/2012 07/06/12 Price Changed $149,900 -9.1% $136 / Sq Ft
06/13/2012 06/13/12 Price Changed $164,900 -2.9% $150 / Sq Ft
05/12/2012 05/12/12 For Sale $169,900 -- $154 / 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 $3,587 $22,642 $1,626 $21,016
2023 $3,496 $17,000 $1,451 $15,549
2022 $3,496 $17,000 $1,451 $15,549
2021 $3,418 $16,999 $1,451 $15,548
2020 $3,054 $13,709 $1,161 $12,548
2019 $3,065 $15,256 $1,161 $14,095
2018 $3,014 $15,256 $1,161 $14,095
2017 $2,497 $11,599 $1,044 $10,555
2016 $2,323 $11,599 $1,044 $10,555
2015 $2,125 $11,599 $1,044 $10,555
2014 $2,490 $13,418 $986 $12,432
2013 $1,962 $13,418 $986 $12,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11880550

Midwest Real Estate Data (MRED)

APN: 19-08-328-022-1010