NOT LISTED FOR SALE

5495 N Oconto Ave Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $383,000 - $449,000

3 Beds
2 Baths
1,178 Sq Ft
$357/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $305,000 $259 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,727/month

50 Days on Market

Highlights

  • Ranch Style House
  • 3-minute walk to Harlem Station (Blue Line - O'hare Branch)
  • Detached Garage
  • William Howard Taft High School Rated A-
  • Stainless Steel Appliances
  • Breakfast Bar

About This Home

As of May 2015

Stunning renovation in Oriole Park School District! High Quality rehab. Large eat-in kitchen. Granite Counter Tops, SS Appliances. Hardwood Floors. Full finished basement with a 3RD bedroom, family room, full bath and laundry. Side Drive. Huge back yard. Walking distance to Blue Line. Easy for public transportation.

Last Agent to Sell the Property

Robert Lapinski

RE/MAX City License #475125802 Listed on: 02/24/2015

RE/MAX City

Last Buyer's Agent

Dan Flahize

606 Realty LLC License #475154016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,330

Year Built

  • 1952

Lot Details

  • 5,097

Parking

  • Detached Garage
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,330

Year Built

1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1952
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Sump Pump
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 10X11, On Level: Basement, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 8X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X11, On Level: Basement, Flooring: Ceramic Tile
  • Estimated Sq Ft: 1178
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 24X22, On Level: Basement, Flooring: Ceramic Tile

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Driveway: Brick
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 5,112
  • Parcel Identification Number: 12122270190000

Tax Info

  • Taxes: 2,448.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2015
Closed on
May 26, 2015
Sold by
Salameh Nicholas
Bought by
Flahive Devin P and Sabatino Jennifer K
Seller's Agent
Robert Lapinski
RE/MAX City
Buyer's Agent
Dan Flahize
606 Realty LLC
List Price
$349,900
Sold Price
$305,000
Premium/Discount to List
-$44,900
-12.83%
Current Estimated Value
$420,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,194
Avg. Annual Appreciation
3.12%
Original Mortgage
$289,750
Outstanding Balance
$226,403
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$193,791

Purchase Details

Listed on
Aug 2, 2014
Closed on
Oct 31, 2014
Sold by
Valenzano Giovanna and Griseta Vito
Bought by
Salameh Nicholas
Seller's Agent
Barbara Basile
Century 21 Affiliated
Buyer's Agent
Robert Lapinski
RE/MAX City
List Price
$250,000
Sold Price
$185,000
Premium/Discount to List
-$65,000
-26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.40%

Purchase Details

Closed on
Feb 19, 2014
Sold by
Valenzano Giovanna and Valenzano Antonio
Bought by
Valenzano Giovanna and Griseta Vito
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
Flahive Devin P $305,000 None Available
Salameh Nicholas $185,000 First American Title
Valenzano Giovanna -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flahive Devin P $289,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2015 05/28/15 Sold $305,000 -12.8% $259 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $349,900 +89.1% $297 / Sq Ft
10/31/2014 10/31/14 Sold $185,000 -19.6% $157 / Sq Ft View Prior Sale
10/09/2014 10/09/14 Pending -- -- --
09/20/2014 09/20/14 Price Changed $230,000 -2.1% $195 / Sq Ft
09/08/2014 09/08/14 Price Changed $235,000 -6.0% $199 / Sq Ft
08/02/2014 08/02/14 For Sale $250,000 -- $212 / 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 $6,330 $32,000 $12,780 $19,220
2023 $6,170 $30,000 $10,224 $19,776
2022 $6,170 $30,000 $10,224 $19,776
2021 $6,033 $30,000 $10,224 $19,776
2020 $6,465 $29,019 $6,390 $22,629
2019 $6,407 $31,890 $6,390 $25,500
2018 $6,299 $31,890 $6,390 $25,500
2017 $5,707 $26,510 $5,623 $20,887
2016 $5,310 $26,510 $5,623 $20,887
2015 $5,114 $27,906 $5,623 $22,283
2014 $4,712 $25,396 $5,112 $20,284
2013 $2,448 $25,396 $5,112 $20,284
Source: Public Records

Agents Affiliated with this Home

  • Robert Lapinski

    Seller's Agent in 2015

    Robert Lapinski

    RE/MAX

    (773) 330-8040

    6 in this area

    93 Total Sales

    Robert Lapinski
    Section Image

  • D

    Buyer's Agent in 2015

    Dan Flahize

    606 Realty LLC

    (773) 405-2479

    6 Total Sales

    Dan Flahize
    Section Image

  • B

    Seller's Agent in 2014

    Barbara Basile

    Century 21 Affiliated

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08845591

Midwest Real Estate Data (MRED)

APN: 12-12-227-019-0000

Illinois Cook County Chicago 60656 Norwood Park

5495 N Oconto Ave, Chicago, IL

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