NOT LISTED FOR SALE

5429 S Massasoit Ave Unit 2 Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $100,622 - $133,000

1 Bed
1 Bath
650 Sq Ft
9,365 Sq Ft Lot

Last Sold June 03, 2016

Last sale price $49,000 $75 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $769/month

99 Days on Market

About This Home

As of June 2016

Fully updated affordable condo in Garfield Ridge, perfect for a first time buyer or an investor!!! * Modern open floor plan with hardwood floors throughout, custom kitchen with granite and remodeled bathroom! * Exterior updates include roof (2006) and windows (2014) * Super convenient site, just short walk from Archer Ave or 55th Street! * Take advantage of this great opportunity in this sought after neighborhood! * Low property tax DOES NOT reflect any exemptions!!!

Last Agent to Sell the Property

Damian Ciszek

RE/MAX 10 License #475140020 Listed on: 02/12/2016

RE/MAX 10

Last Buyer's Agent

Melissa Nowak

Ridge Realty and Assocs Inc. License #471019076

Property Details

Home Type

  • Condominium

Year Built

  • 1962

Lot Details

  • 9,365

HOA Fees

  • $140 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • Parking Available
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1962

Lot Details

9,365 Sq Ft Lot

HOA Fees

$140 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1962
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 650

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Street
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Common Area Amenities: Coin Laundry
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 140
  • Management Contact Name: Mitch
  • Management Phone: 774-486-0684

Fee Information

  • Management Company: 5429 Massasoit Condo Association

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 19084270111002

Multi Family

  • Total Number Unitsin Building: 9
  • Number Stories: 1

Tax Info

  • Taxes: 1057.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Olsen Michael J
Bought by
Herman Marilyn
Current Estimated Value
$112,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,769
Outstanding Balance
$67,872
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$44,284

Purchase Details

Listed on
Feb 12, 2016
Closed on
Jun 3, 2016
Sold by
Koperdowski Pawel
Bought by
Olsen Michael J
Seller's Agent
Damian Ciszek
RE/MAX 10
Buyer's Agent
Melissa Nowak
Ridge Realty and Assocs Inc.
List Price
$67,500
Sold Price
$49,000
Premium/Discount to List
-$18,500
-27.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
Feb 16, 2004
Sold by
Koperdowski Stanislaw
Bought by
Koperdowski Pawel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2004
Sold by
Kolar Su Yun
Bought by
Koperdowski Stanislaw and Koperdowski Pawel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2003
Sold by
Perez Susan N
Bought by
Kolar Su Yun

Purchase Details

Closed on
Feb 27, 1998
Sold by
First National Bank Of Evergreen Park
Bought by
Perez Susan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herman Marilyn $81,000 Old Republic Title
Olsen Michael J $49,000 Attorney
Koperdowski Pawel -- Lawyers
Koperdowski Stanislaw -- --
Kolar Su Yun $48,000 --
Perez Susan N $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Marilyn $72,769
Previous Owner Koperdowski Pawel $74,000
Previous Owner Perez Susan N $42,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $49,000 -9.3% $75 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
05/17/2016 05/17/16 Price Changed $54,000 -20.0% $83 / Sq Ft
02/12/2016 02/12/16 For Sale $67,500 -- $104 / 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 $357 $8,098 $1,468 $6,630
2024 $357 $8,098 $1,468 $6,630
2023 $327 $5,000 $1,310 $3,690
2022 $327 $5,000 $1,310 $3,690
2021 $680 $4,999 $1,310 $3,689
2020 $680 $3,034 $1,048 $1,986
2019 $683 $3,377 $1,048 $2,329
2018 $671 $3,377 $1,048 $2,329
2017 $747 $3,446 $943 $2,503
2016 $695 $3,446 $943 $2,503
2015 $636 $3,446 $943 $2,503
2014 $1,058 $5,657 $891 $4,766
2013 $1,037 $5,657 $891 $4,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09137867

Midwest Real Estate Data (MRED)

APN: 19-08-427-011-1002

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