NOT LISTED FOR SALE

5526 S Oak Park Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $331,000 - $370,000

4 Beds
2 Baths
839 Sq Ft
$420/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $285,000 $340 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,159/month

9 Days on Market

About This Home

As of November 2021

HOT GARFIELD RIDGE single family home is ready for its new owners. The front yard to this home is everything! Swimming pool, pergola, trampoline and an amazing space for entertaining guests. The exterior of the home is definitely the place to hang out during the summer. The interior features 2 beds, 1 bath on the main level. Along with an open concept living room that flows into the kitchen. The second floor is currently being used as a play area. Adding an addition to the 2nd floor would be ideal for this property. The basement has 2 additional beds and bath. This home also has a 1 car garage and a car port in the back which is definitely rare for a property with a front yard. Schedule your appointment today!

Last Agent to Sell the Property

Laura Rodriguez

Realty of America, LLC License #475168402 Listed on: 09/02/2021

Realty of America, LLC

Last Buyer's Agent

Henry Alegria

Shopping Casas Chicago LLC License #471022524

Shopping Casas Chicago LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,751

Year Built

  • 1930

Lot Details

  • 3,049

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Raised Ranch Architecture
  • Frame Construction

Finished Basement

  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,751

Year Built

1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Raised Ranch
  • Property Sub Type: Raised Ranch
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Archer to oak park south to 5526
  • Lot Size: 25X125
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 780
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Frame
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 3029.4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 20, 2021
Sold by
Humberto Richart and Humberto Noemi Richart
Bought by
Silverio Adames Willy L and Silverio Jacqueline Jacqueline
Seller's Agent
Laura Rodriguez
Realty of America, LLC
Buyer's Agent
Henry Alegria
Shopping Casas Chicago LLC
List Price
$279,000
Sold Price
$285,000
Premium/Discount to List
$6,000
2.15%
Current Estimated Value
$352,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,082
Avg. Annual Appreciation
5.48%
Original Mortgage
$279,837
Outstanding Balance
$255,444
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$96,638

Purchase Details

Closed on
Sep 24, 2018
Sold by
Richart Humberto and Richart Noemi
Bought by
Richart Humberto and Richart Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2002
Sold by
Oday Daniel F
Bought by
Richart Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
9.15%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Silverio Adames Willy L $285,000 Atlas Title & Escrow
Richart Humberto -- First American Title
Richart Humberto $145,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverio Adames Willy L $279,837
Previous Owner Richart Humberto $148,000
Previous Owner Richart Humberto $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $285,000 +2.2% $340 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $279,000 -- $333 / 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 $3,751 $23,000 $4,410 $18,590
2023 $3,636 $21,001 $3,938 $17,063
2022 $3,636 $21,001 $3,938 $17,063
2021 $3,553 $20,999 $3,937 $17,062
2020 $3,020 $16,570 $3,150 $13,420
2019 $3,029 $18,412 $3,150 $15,262
2018 $2,978 $18,412 $3,150 $15,262
2017 $2,122 $13,167 $2,835 $10,332
2016 $2,151 $13,167 $2,835 $10,332
2015 $1,946 $13,167 $2,835 $10,332
2014 $1,915 $12,808 $2,677 $10,131
2013 $1,866 $12,808 $2,677 $10,131
Source: Public Records

Agents Affiliated with this Home

  • Laura Rodriguez

    Seller's Agent in 2021

    Laura Rodriguez

    Realty of America, LLC

    (312) 607-0165

    12 in this area

    179 Total Sales

    Laura Rodriguez
    Section Image
  • Henry Alegria

    Buyer's Agent in 2021

    Henry Alegria

    Shopping Casas Chicago LLC

    (847) 525-5656

    3 in this area

    308 Total Sales

    Henry Alegria
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Jonathan Ayala

    Pearson Realty Group

    (888) 574-9405

    1 in this area

    33 Total Sales

    Jonathan Ayala
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11207721

Midwest Real Estate Data (MRED)

APN: 19-18-107-024-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5526 S Oak Park Ave, Chicago, IL

This home is located at 5526 S Oak Park Ave, Chicago, IL 60638 since 02 September 2021 and is currently estimated at $352,082, approximately $419 per square foot. This property was built in 1930. 5526 S Oak Park Ave is a home located in Cook County with nearby schools including Byrne Elementary School, Kennedy High School, and St Daniel The Prophet School.

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