NOT LISTED FOR SALE

5418 S Lorel Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $262,000 - $362,000

3 Beds
1 Bath
1,006 Sq Ft
$312/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $295,000 $293 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,961/month

15 Days on Market

Highlights

  • Raised Ranch Architecture
  • Living Room
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage

About This Home

As of October 2021

NICELY REMODELED! CUSTOM DESIGNED BY CONTEMPORARY ARTIST, LISA CHEN. THE ARTIST USED SIMPLE AND SLEEK COLOR SCHEME AND DESIGN TO ADD ELEGANCE AND MODERNITY TO THIS CLASSIC BRICK HOUSE. THIS BEAUTIFUL THREE BED HOME HAS NEW KITCHEN WITH GORGEOUS WHITE QUARTZ COUNTERTOP AND SHAKER WHITE CABINETS. NEW CONTEMPORARY LIGHT FIXTURES. NEW BATHROOMS. NEW ROOF WITH 10 YEAR WARRANTY. VERY NICE FAMILY FRIENDLY NEIGHBORHOOD THAT'S CONVENIENTLY LOCATED TO EXPRESSWAY. MOVE IN WITH A PEACE OF MIND!

Last Agent to Sell the Property

Charlie Chen

Concentric Realty, Inc License #475157877 Listed on: 08/24/2021

Concentric Realty, Inc

Last Buyer's Agent

Erica Esquivel

TRP Realty LLC License #471020849

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 1958 | Remodeled in 2021

Lot Details

  • 3,781 Sq Ft Lot
  • Lot Dimensions are 30 x 125

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,006 Sq Ft Home
  • Living Room
  • 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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,213

Year Built

Built in 1958 | Remodeled in 2021

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: 1958
  • 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): Yes
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1006
  • 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
  • Primary Bedroom Bath: None
  • Kitchen Type: Eating Area-Table Space

Exterior Features

  • List Price: 295000
  • 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: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.0868
  • Lot Dimensions: 30 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3213.22
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 28, 2021
Sold by
Triwin Investments International Llc
Bought by
Morquecho Miguel Aguilar and Alvarado Adriana Janet
Seller's Agent
Charlie Chen
Concentric Realty, Inc
Buyer's Agent
Erica Esquivel
TRP Realty LLC
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$314,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,308
Avg. Annual Appreciation
2.37%
Original Mortgage
$265,500
Outstanding Balance
$250,339
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$73,012

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 2, 2021
Sold by
Swiatek Carolyn and Estate Of Kenneth Sye
Bought by
Triwin Investments International Llc
Seller's Agent
Jennifer Tapia
First Rate Realty, Inc.
Buyer's Agent
Alana Karras
Coldwell Banker Realty
List Price
$219,900
Sold Price
$205,000
Premium/Discount to List
-$14,900
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.30%
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
Morquecho Miguel Aguilar $295,000 Chicago Title
Triwin Investments International Llc $205,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morquecho Miguel Aguilar $265,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $295,000 0.0% $293 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $295,000 +43.9% $293 / Sq Ft
04/02/2021 04/02/21 Sold $205,000 -6.8% $204 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $219,900 -- $219 / 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 $3,539 $30,380 $4,725 $25,655
2023 $4,137 $20,000 $3,780 $16,220
2022 $4,137 $20,000 $3,780 $16,220
2021 $3,352 $20,000 $3,780 $16,220
2020 $3,160 $17,195 $3,780 $13,415
2019 $3,213 $19,321 $3,780 $15,541
2018 $3,158 $19,321 $3,780 $15,541
2017 $2,509 $14,954 $3,402 $11,552
2016 $2,511 $14,954 $3,402 $11,552
2015 $2,276 $14,954 $3,402 $11,552
2014 $2,215 $14,412 $3,213 $11,199
2013 $2,160 $14,412 $3,213 $11,199
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Charlie Chen

    Concentric Realty, Inc

    (214) 908-7557

    3 in this area

    73 Total Sales

    Charlie Chen
    Section Image
  • Jennifer Tapia

    Seller's Agent in 2021

    Jennifer Tapia

    First Rate Realty, Inc.

    (773) 339-6564

    20 in this area

    135 Total Sales

    Jennifer Tapia
    Section Image
  • Erica Esquivel

    Buyer's Agent in 2021

    Erica Esquivel

    TRP Realty LLC

    (224) 578-1917

    3 in this area

    114 Total Sales

    Erica Esquivel
    Section Image

  • A

    Buyer's Agent in 2021

    Alana Karras

    Coldwell Banker Realty

    (847) 541-5000

    1 in this area

    37 Total Sales

    Alana Karras
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11198398

Midwest Real Estate Data (MRED)

APN: 19-09-328-022-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5418 S Lorel Ave, Chicago, IL

This home is located at 5418 S Lorel Ave, Chicago, IL 60638 since 24 August 2021 and is currently estimated at $314,308, approximately $312 per square foot. This property was built in 1958. 5418 S Lorel 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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