NOT LISTED FOR SALE

5423 S Lorel Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $297,000 - $338,000

2 Beds
2.5 Baths
1,200 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $305,000 $254 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,868/month

31 Days on Market

Highlights

  • Attic
  • 2 Car Detached Garage
  • Central Air

About This Home

As of June 2024

Discover the unparalleled charm of this exquisite home, meticulously maintained by its proud owner. Boasting two bedrooms, two and a half baths, and a finished basement, every corner exudes a sense of warmth and elegance. Recently painted, the interior radiates freshness and style. Step outside to a breathtaking backyard oasis, perfect for both relaxation and entertaining. Don't let this opportunity slip away-seize the chance to make this beautiful home yours

Last Agent to Sell the Property

Gildardo Sotelo

Illinois Real Estate Partners Inc License #475188018 Listed on: 04/10/2024

Illinois Real Estate Partners Inc

Last Buyer's Agent

Jose-Luis Miranda

RE/MAX 10 License #475104552

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 30x125

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,896

Year Built

Built in 1915

Lot Details

3,790 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: Attic
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2895.94
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jun 18, 2024
Sold by
Davila Adrian I
Bought by
Gonzalez Juventino Ayala and Toledo Araceli
Seller's Agent
Gildardo Sotelo
Illinois Real Estate Partners Inc
Buyer's Agent
Jose-Luis Miranda
RE/MAX 10
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Views
63
Current Estimated Value
$311,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,363
Avg. Annual Appreciation
1.20%
Original Mortgage
$299,475
Outstanding Balance
$295,047
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$16,316

Purchase Details

Closed on
Apr 9, 2021
Sold by
Davila Ismael and Davila Mariana
Bought by
Davila Adrian I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2019
Sold by
Davila Ismael
Bought by
Davila Ismael and Davila Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,182
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2010
Sold by
Homesales Inc
Bought by
Davila Ismael

Purchase Details

Closed on
Nov 17, 2009
Sold by
Schmidt Richard G
Bought by
Homesales Inc

Purchase Details

Closed on
Jun 30, 2006
Sold by
Casas William
Bought by
Schmidt Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.5%
Mortgage Type
Unknown
Source: Public Records
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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
Gonzalez Juventino Ayala $305,000 Fidelity National Title
Davila Adrian I $220,000 Chicago Title Insurance Co
Davila Ismael -- Title Source Inc
Davila Ismael $76,000 --
Homesales Inc -- Premier Title
Schmidt Richard G $230,000 Absolute Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Juventino Ayala $299,475
Previous Owner Davila Adrian I $216,015
Previous Owner Davila Ismael $75,182
Previous Owner Schmidt Richard G $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $305,000 -3.2% $254 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $315,000 0.0% $263 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $315,000 -- $263 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $2,970 $24,000 $4,725 $19,275
2024 $2,970 $24,000 $4,725 $19,275
2023 $2,896 $14,000 $3,780 $10,220
2022 $2,896 $14,000 $3,780 $10,220
2021 $2,815 $14,000 $3,780 $10,220
2020 $2,610 $11,640 $3,780 $7,860
2019 $2,644 $13,079 $3,780 $9,299
2018 $2,600 $13,079 $3,780 $9,299
2017 $2,652 $12,238 $3,402 $8,836
2016 $2,467 $12,238 $3,402 $8,836
2015 $2,259 $12,238 $3,402 $8,836
2014 $2,202 $11,777 $3,213 $8,564
2013 $2,159 $11,777 $3,213 $8,564
Source: Public Records

Agents Affiliated with this Home

  • Gildardo Sotelo

    Seller's Agent in 2024

    Gildardo Sotelo

    Illinois Real Estate Partners Inc

    (773) 510-3673

    1 in this area

    14 Total Sales

    Gildardo Sotelo
    Section Image

  • J

    Buyer's Agent in 2024

    Jose-Luis Miranda

    RE/MAX

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12025348

Midwest Real Estate Data (MRED)

APN: 19-09-329-008-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5423 S Lorel Ave, Chicago, IL

Not Listed for Sale

Detached

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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