NOT LISTED FOR SALE

557 48th Ave Bellwood, IL 60104

Estimated Value: $254,000 - $352,000

5 Beds
3 Baths
1,500 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $285,900 $191 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,514/month

5 Days on Market

About This Home

As of December 2021

Beautifully maintained 5 bedroom, 2.5 bathrooms, dream home at the end of a quiet block! What more can you ask for? Owners have meticulously cared for this home. Newer washer and dryer will be staying and so are the other appliances. Just steps away from a great bike trail! Come see for yourself!

Last Agent to Sell the Property

Miguel Martinez

Chicagoland Brokers Inc. License #475173045 Listed on: 10/14/2021

Chicagoland Brokers Inc.

Last Buyer's Agent

Deidra Horton

Real People Realty License #475187120

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,887

Year Built

  • 1955

Lot Details

  • 5,576

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,887

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 61-70 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: Randolph to 48th Ave South to 557
  • Lot Size: 5561
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1352
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Dining Room Type: Bedroom 5, Den

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air, None
  • Heating: Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 209

Lot Info

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

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 7648.08
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 31, 2022
Sold by
Martinez Alfonso
Bought by
Harden Demetree
Seller's Agent
Miguel Martinez
Chicagoland Brokers Inc.
Buyer's Agent
Deidra Horton
Real People Realty
List Price
$284,900
Sold Price
$285,900
Premium/Discount to List
$1,000
0.35%
Current Estimated Value
$323,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,085
Avg. Annual Appreciation
3.72%
Original Mortgage
$271,605
Interest Rate
3.11%

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 11, 2021
Sold by
Martinez Alfonso
Bought by
Harden Demetree
Seller's Agent
Miguel Martinez
Chicagoland Brokers Inc.
Buyer's Agent
Deidra Horton
Real People Realty
List Price
$284,900
Sold Price
$285,900
Premium/Discount to List
$1,000
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,605
Interest Rate
3.11%

Purchase Details

Listed on
Jun 16, 2014
Closed on
Oct 14, 2014
Sold by
Cisco Housing Solutions Inc
Bought by
Martinez Alfonso
Seller's Agent
Magda Antillon
Buyer's Agent
Magda Antillon
List Price
$169,000
Sold Price
$157,000
Premium/Discount to List
-$12,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$154,156
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 5, 2013
Closed on
Aug 9, 2013
Sold by
Garrett Sophia L
Bought by
Cisco Housing Solutions Inc
Seller's Agent
Shirley Fields
Coldwell Banker Realty
Buyer's Agent
Cedrick Hunter
Hunter's Realty, Inc.
List Price
$89,900
Sold Price
$55,000
Premium/Discount to List
-$34,900
-38.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.17%

Purchase Details

Listed on
Mar 5, 2013
Closed on
Aug 8, 2013
Sold by
Garrett Sophia L
Bought by
Garrett Sophia L
Seller's Agent
Shirley Fields
Coldwell Banker Realty
Buyer's Agent
Cedrick Hunter
Hunter's Realty, Inc.
List Price
$89,900
Sold Price
$55,000
Premium/Discount to List
-$34,900
-38.82%

Purchase Details

Closed on
Dec 12, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Garrett Sophia L and Sophia L Garrett Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2002
Sold by
Garrett Sophia L
Bought by
Garrett Sophia L and Sophia L Garrett Living Trust
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
Harden Demetree -- --
Harden Demetree -- --
Harden Demetree -- --
Martinez Alfonso $157,000 None Available
Cisco Housing Solutions Inc $55,000 Pntn
Garrett Sophia L -- Pntn
Garrett Sophia L -- None Available
Garrett Sophia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harden Demetree $271,605
Previous Owner Martinez Alfonso $11,282,016
Previous Owner Martinez Alfonso $154,156
Previous Owner Cisco Housing Solutions Inc $81,000
Previous Owner Garrett Sophia L $142,000
Previous Owner Garrett Wilbur $135,241
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $285,900 +0.4% $191 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $284,900 +81.5% $190 / Sq Ft
10/14/2014 10/14/14 Sold $157,000 -7.1% $105 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $169,000 +7.6% $113 / Sq Ft
07/29/2014 07/29/14 Off Market $157,000 -- --
07/25/2014 07/25/14 For Sale $169,000 0.0% $113 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $169,000 +207.3% $113 / Sq Ft
09/30/2013 09/30/13 Sold $55,000 -38.8% $37 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $89,900 -- $60 / 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 $8,887 $23,000 $3,893 $19,107
2023 $9,574 $23,000 $3,893 $19,107
2022 $9,574 $18,268 $3,059 $15,209
2021 $7,720 $18,267 $3,058 $15,209
2020 $7,648 $18,267 $3,058 $15,209
2019 $4,825 $11,906 $2,780 $9,126
2018 $6,054 $14,261 $2,780 $11,481
2017 $5,729 $14,261 $2,780 $11,481
2016 $4,858 $11,316 $2,502 $8,814
2015 $4,560 $11,316 $2,502 $8,814
2014 $4,553 $11,316 $2,502 $8,814
2013 $4,979 $13,294 $2,502 $10,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11245926

Midwest Real Estate Data (MRED)

APN: 15-08-409-075-0000