NOT LISTED FOR SALE

5508 N Newland Ave Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $405,868 - $436,000

2 Beds
2 Baths
1,032 Sq Ft
$410/Sq Ft Est. Value

Last Sold August 08, 2016

Last sale price $307,000 $297 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,740/month

4 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Enclosed Patio or Porch
  • Taft High School Rated A-
  • Detached Garage
  • Breakfast Bar

About This Home

As of August 2016

Newly updated gorgeous home in a GREAT location. Gleaming brand new hardwood floors throughout. Amazing kitchen with quartz countertops, brand new cabinets, Viking appliances. Basement is newly finished. There is room to add another bedroom. Beautiful all-season sunroom. Nicely updated bathrooms. Close to CTA blue line, I-90 highway, new roof, newer furnace and AC, close to parks and shopping.

Last Agent to Sell the Property

Efe Sahinoglu

Falcon Living, LLC License #475142383 Listed on: 06/12/2016

Last Buyer's Agent

Catherine Byrne

Baird & Warner License #471009506

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,842

Lot Details

  • Southern Exposure
  • East or West Exposure

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Finished Basement

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

Utilities

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

Additional Features

  • Breakfast Bar
  • Wood Flooring
  • Primary Bathroom is a Full Bathroom
  • North or South Exposure
  • Enclosed Patio or Porch

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,842

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 23X12, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 10X7, On Level: Basement, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 13X08, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 12X15, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Family Room: Dimensions: 12X14, On Level: Basement, Flooring: Ceramic Tile

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exposure: N (North), S (South), E (East), W (West)

Garage/Parking

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

Utilities

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

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3600 SQFT
  • Parcel Identification Number: 13071050410000

Tax Info

  • Taxes: 3662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2016
Closed on
Aug 5, 2016
Sold by
Talpos Alln and Talpos Radu
Bought by
Arvans Jacqueline
Seller's Agent
Efe Sahinoglu
Falcon Living, LLC
Buyer's Agent
Catherine Byrne
Baird & Warner
List Price
$314,900
Sold Price
$307,000
Premium/Discount to List
-$7,900
-2.51%
Current Estimated Value
$423,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,217
Avg. Annual Appreciation
3.56%
Original Mortgage
$296,092
Outstanding Balance
$235,404
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$187,813

Purchase Details

Listed on
Jan 13, 2016
Closed on
Feb 19, 2016
Sold by
Wells Fargo Bank Na
Bought by
Talpos Allin and Talpos Radu
Seller's Agent
Gerard Scheffler
Home Gallery Realty Corp.
Buyer's Agent
Efe Sahinoglu
Falcon Living, LLC
List Price
$195,000
Sold Price
$191,000
Premium/Discount to List
-$4,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
248.64%

Purchase Details

Closed on
Sep 28, 2011
Sold by
Malina Donna M
Bought by
Sanchez Betty and Sanchez Nasario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,039
Interest Rate
4.12%
Mortgage Type
VA

Purchase Details

Closed on
Apr 10, 2001
Sold by
Przybylowski Henry
Bought by
Declar Przybylowski Henry and Henry Przybylowski 2001 Declaration Tr

Purchase Details

Closed on
Jun 18, 1998
Sold by
Wojtas Marie M
Bought by
Przybylowski Henry
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
Arvans Jacqueline $307,000 First American Title
Talpos Allin $191,000 Boston National Title Llc
Sanchez Betty $183,000 Pntn
Declar Przybylowski Henry -- --
Przybylowski Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arvans Jacqueline $296,092
Previous Owner Sanchez Betty $189,039
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2016 08/08/16 Sold $307,000 -2.5% $297 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/12/2016 06/12/16 For Sale $314,900 +64.9% $305 / Sq Ft
03/23/2016 03/23/16 Sold $191,000 -2.1% $185 / Sq Ft View Prior Sale
02/03/2016 02/03/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $195,000 -- $189 / 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 $5,842 $33,000 $9,000 $24,000
2023 $5,673 $31,000 $7,200 $23,800
2022 $5,673 $31,000 $7,200 $23,800
2021 $5,565 $31,003 $7,203 $23,800
2020 $6,266 $28,128 $4,500 $23,628
2019 $6,279 $31,254 $4,500 $26,754
2018 $6,174 $31,254 $4,500 $26,754
2017 $4,576 $21,256 $3,960 $17,296
2016 $3,757 $21,256 $3,960 $17,296
2015 $3,619 $22,375 $3,960 $18,415
2014 $3,662 $22,308 $3,600 $18,708
2013 $3,579 $22,308 $3,600 $18,708
Source: Public Records

Agents Affiliated with this Home

  • Efe Sahinoglu

    Seller's Agent in 2016

    Efe Sahinoglu

    Falcon Living, LLC

    (773) 263-3607

    4 Total Sales

    Efe Sahinoglu
    Section Image
  • Gerard Scheffler

    Seller's Agent in 2016

    Gerard Scheffler

    Home Gallery Realty Corp.

    (773) 909-3346

    2 in this area

    193 Total Sales

    Gerard Scheffler
    Section Image
  • Catherine Byrne

    Buyer's Agent in 2016

    Catherine Byrne

    Baird Warner

    (312) 618-6764

    14 in this area

    89 Total Sales

    Catherine Byrne
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09255457

Midwest Real Estate Data (MRED)

APN: 13-07-105-041-0000

Illinois Cook County Chicago 60656 Norwood Park

5508 N Newland Ave, Chicago, IL

This home is located at 5508 N Newland Ave, Chicago, IL 60656 since 12 June 2016 and is currently estimated at $423,217, approximately $410 per square foot. 5508 N Newland Ave is a home located in Cook County with nearby schools including Garvy J Elementary School, Taft High School, and St. Monica Academy.

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