NOT LISTED FOR SALE

5655 S Newland Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $370,000 - $387,953

3 Beds
2 Baths
1,058 Sq Ft
$359/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $340,000 $321 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,420/month

16 Days on Market

Highlights

  • Raised Ranch Architecture
  • 2.5 Car Detached Garage
  • Laundry Room
  • Steam Shower
  • Living Room
  • Storage Room

About This Home

As of November 2022

Home recently appraised at $355,000, but sellers are motivated!! Beautiful home in desirable Garfield Ridge features an updated kitchen (2018), new windows (2019), HVAC (2016), a full finished basement offering a gorgeous full bath with steam shower, large bar area perfect for entertaining, hosting those family gatherings or just relaxing. Laundry room has gas hook up for a possible second kitchen or related living. 10x10 storage room possible 4th bedroom. Amazing yard with 11x24 patio, gazebo with spa on a 14x12 patio and covered 22x8 patio off of garage. Close to schools, parks, public transportation, restaurants, shops, short drive to I-55 & Midway airport.

Last Agent to Sell the Property

Kimberly Engelhardt

Lori Bonarek Realty License #475156135 Listed on: 09/29/2022

Last Buyer's Agent

Alejandra Lopez

RE/MAX 10 License #475136182

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,093

Year Built

  • Built in 1957

Lot Details

  • 5,293 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,058 Sq Ft Home
  • Family Room
  • Living Room
  • Storage Room
  • Laundry Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Steam Shower

Finished Basement

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,093

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1058
  • Room Type: Storage
  • Estimated Total Finished Sq Ft: 2116
  • Basement Description: Finished
  • Bathroom Amenities: Steam Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2116
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1215
  • Lot Dimensions: 5293
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4093.32
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 7, 2022
Sold by
Thomas Joyce And Tina Marie Joyce Trust
Bought by
Lopez Antonio and Lopez Marijo
Seller's Agent
Kimberly Engelhardt
Lori Bonarek Realty
Buyer's Agent
Alejandra Lopez
RE/MAX 10
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Views
1
Current Estimated Value
$379,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,488
Avg. Annual Appreciation
3.79%
Original Mortgage
$333,841
Outstanding Balance
$322,071
Interest Rate
6.24%
Mortgage Type
FHA
Estimated Equity
$57,417

Purchase Details

Closed on
Aug 27, 2018
Sold by
Joyce Thomas W and Joyce Tina Marie
Bought by
Joyce Thomas W and Joyce Tina Marie

Purchase Details

Closed on
May 8, 2007
Sold by
Stella Joseph and Stella Louis
Bought by
Joyce Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 1997
Sold by
Stella Charles
Bought by
Stella Joseph and Stella Louis
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
Lopez Antonio $340,000 Fidelity National Title
Joyce Thomas W -- None Available
Joyce Thomas $225,000 First American
Stella Joseph -- --
Stella Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Antonio $333,841
Previous Owner Joyce Thomas $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2022 11/15/22 Sold $340,000 -2.0% $321 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/11/2022 10/11/22 Price Changed $347,000 -0.9% $328 / Sq Ft
09/29/2022 09/29/22 For Sale $350,000 -- $331 / 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 $5,091 $29,000 $7,410 $21,590
2023 $4,257 $24,000 $6,616 $17,384
2022 $4,257 $24,000 $6,616 $17,384
2021 $4,156 $23,999 $6,616 $17,383
2020 $4,100 $21,387 $5,293 $16,094
2019 $4,112 $23,764 $5,293 $18,471
2018 $4,042 $23,764 $5,293 $18,471
2017 $3,523 $19,635 $4,763 $14,872
2016 $3,455 $19,635 $4,763 $14,872
2015 $3,140 $19,635 $4,763 $14,872
2014 $2,797 $17,527 $4,499 $13,028
2013 $2,731 $17,527 $4,499 $13,028
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Engelhardt

    Seller's Agent in 2022

    Kimberly Engelhardt

    Lori Bonarek Realty

    (815) 370-2351

    4 in this area

    213 Total Sales

    Kimberly Engelhardt
    Section Image
  • Alejandra Lopez

    Buyer's Agent in 2022

    Alejandra Lopez

    RE/MAX

    (708) 603-5572

    4 in this area

    116 Total Sales

    Alejandra Lopez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11641161

Midwest Real Estate Data (MRED)

APN: 19-18-113-037-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5655 S Newland Ave, Chicago, IL

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