NOT LISTED FOR SALE

5440 S Lorel Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $301,000 - $347,000

3 Beds
1 Bath
1,091 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 13, 2013

Last sale price $142,000 $130 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,004/month

158 Days on Market

Highlights

  • Detached Garage
  • Property is near bus stop
  • Forced Air Heating System
  • Breakfast Bar

About This Home

As of August 2013

2 LOTS FOR THE PRICE! 3 Bedroom brick single family home sold with separate 30 foot buildable lot next door. Good size bedrooms, appliances included, central air, full basement, garage, steps to Archer Ave., close to Orange Line. SOLD AS-IS ONLY.

Last Agent to Sell the Property

Raymond Nice

Fireside Realty License #471004718 Listed on: 12/08/2012

Last Buyer's Agent

Stephen Sieverin

Real People Realty License #475110120

Real People Realty

Property Details

Home Type

  • Other

Year Built

  • 1956

Lot Details

  • 3,790

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Breakfast Bar
  • Basement Fills Entire Space Under The House
  • Property is near bus stop

Property Details

Home Type

Other

Year Built

1956

Lot Details

3,790 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Type Detached: 1 Story
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Number Of Rooms: 5
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 10X13
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X13
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 10X13
  • Living Room Level: Main Level
  • Living Room Size: 16X12
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 16X12
  • Kitchen Flooring: Vinyl
  • Additional Rooms: No additional rooms

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 60X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2012
Closed on
Jul 30, 2013
Sold by
Chicago Title Land Trust Co
Bought by
Gonzalez Wanda
Seller's Agent
Raymond Nice
Fireside Realty
Buyer's Agent
Stephen Sieverin
Real People Realty
List Price
$169,900
Sold Price
$142,000
Premium/Discount to List
-$27,900
-16.42%
Current Estimated Value
$317,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,209
Avg. Annual Appreciation
6.58%
Original Mortgage
$171,333
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Wanda $142,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Wanda $171,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2013 08/13/13 Sold $142,000 -13.9% $130 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
04/13/2013 04/13/13 Price Changed $164,900 -2.9% $151 / Sq Ft
12/08/2012 12/08/12 For Sale $169,900 -- $156 / 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 $4,243 $25,530 $4,725 $20,805
2024 $4,243 $25,530 $4,725 $20,805
2023 $4,137 $20,000 $3,780 $16,220
2022 $4,137 $20,000 $3,780 $16,220
2021 $4,022 $20,000 $3,780 $16,220
2020 $3,695 $16,481 $3,780 $12,701
2019 $3,744 $18,519 $3,780 $14,739
2018 $3,937 $19,803 $3,780 $16,023
2017 $3,355 $15,484 $3,402 $12,082
2016 $3,122 $15,484 $3,402 $12,082
2015 $2,858 $15,484 $3,402 $12,082
2014 $2,771 $14,820 $3,213 $11,607
2013 $2,717 $14,820 $3,213 $11,607
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Raymond Nice

    Fireside Realty

    (773) 416-8829

    1 in this area

    23 Total Sales

    Raymond Nice
    Section Image

  • S

    Buyer's Agent in 2013

    Stephen Sieverin

    Real People Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08232114

Midwest Real Estate Data (MRED)

APN: 19-09-328-029-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5440 S Lorel Ave, Chicago, IL

Not Listed for Sale

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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