Seller's Agent in 2023
Joe Kenny
Realty Executives
(630) 334-2858
6 in this area
83 Total Sales
5526 S Mayfield Ave Chicago, IL 60638
Garfield Ridge NeighborhoodEstimated Value: $319,000 - $368,000
3
Beds
1
Bath
1,170
Sq Ft
$291/Sq Ft
Est. Value
Highlights
- Raised Ranch Architecture
- Main Floor Bedroom
- Breakfast Bar
- Kinzie Elementary School Rated 9+
- 2 Car Detached Garage
- Patio
About This Home
As of February 2023Attention City of Chicago employees, this diamond in the rough on a double 50 x 125 lot is waiting on you. With a little imagination, one can turn this 3 bedroom/1 bath ranch home into a dream come true. Good-sized bedrooms, ,and plenty of space for entertaining with a fully finished basement. complete with a fireplace and dry bar. The glass-block windows give this home charm you can't find in newer homes. Close proximity to shopping, Archer Ave, Orange Line and Midway Airport.
Last Agent to Sell the Property
Realty Executives Midwest License #471008518 Listed on: 12/08/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $388
Year Built
- Built in 1955
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50 x125
Parking
- 2 Car Detached Garage
- Driveway
- Parking Included in Price
Home Design
- Raised Ranch Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,170 Sq Ft Home
- Dry Bar
- Ceiling Fan
- Living Room
- Laminate Flooring
- Storm Doors
Kitchen
- Breakfast Bar
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Rough-In Basement Bathroom
Accessible Home Design
- Grab Bar In Bathroom
- Accessibility Features
Outdoor Features
- Patio
Schools
- Kinzie Elementary School
- Kennedy High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2022
Closed on
Jan 17, 2023
Sold by
Lotia J Andrasek Irrevocable Trust
Bought by
Cruz Jorge
Seller's Agent
Joe Kenny
Realty Executives Midwest
Buyer's Agent
Jorge Luna
Luna Realty Group
List Price
$284,900
Sold Price
$249,000
Premium/Discount to List
-$35,900
-12.6%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,996
Avg. Annual Appreciation
12.13%
Original Mortgage
$199,200
Outstanding Balance
$193,431
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$146,565
Purchase Details
Closed on
Dec 23, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Andrasek Timothy K and Lotia J Anrasek Irrevocable Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cruz Jorge | -- | None Listed On Document | |
| Andrasek Timothy K | -- | Chicago Title Land Trust Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cruz Jorge | $199,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2023 02/06/23 | Sold | $249,000 | -6.0% | $213 / Sq Ft |
| 12/26/2022 12/26/22 | Pending | -- | -- | -- |
| 12/12/2022 12/12/22 | Price Changed | $264,900 | -7.0% | $226 / Sq Ft |
| 12/08/2022 12/08/22 | For Sale | $284,900 | -- | $244 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,825 | $29,000 | $8,750 | $20,250 |
| 2023 | $3,691 | $24,001 | $7,813 | $16,188 |
| 2022 | $3,691 | $24,001 | $7,813 | $16,188 |
| 2021 | $388 | $23,999 | $7,812 | $16,187 |
| 2020 | $403 | $20,609 | $6,250 | $14,359 |
| 2019 | $402 | $22,899 | $6,250 | $16,649 |
| 2018 | $396 | $22,899 | $6,250 | $16,649 |
| 2017 | $424 | $20,550 | $5,625 | $14,925 |
| 2016 | $848 | $20,550 | $5,625 | $14,925 |
| 2015 | $816 | $20,550 | $5,625 | $14,925 |
| 2014 | $809 | $18,862 | $5,312 | $13,550 |
| 2013 | $812 | $18,862 | $5,312 | $13,550 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Kenny
-
Jorge Luna
Buyer's Agent in 2023
Jorge Luna
Luna Realty Group
(708) 268-3349
11 in this area
125 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11673712
APN: 19-17-201-075-0000
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