5705 Midlothian Turnpike Midlothian, IL 60445
Westgate Valley Neighborhood
5
Beds
5
Baths
8,000
Sq Ft
1.14
Acres
Highlights
- Second Kitchen
- Home Theater
- Sun or Florida Room
- Oak Forest High School Rated A-
- Recreation Room
- Den
About This Home
As of May 2022Investors/Developers/HomeBuyers Read! Excellent Bank Owned Single Family Home w/related living. 8,000sf home on 1+acres. Large in-law arrangement to include separate entrance / elevator from garage. 5 total bedrooms, theater, rec room, work/storage, 2500sf garage, and an office with separate entrance. Beautiful lot with fenced in, in-ground pool. New mechanicals. Property sold in AS IS condition.
Last Agent to Sell the Property
A.R.E. Partners Inc. License #471002284 Listed on: 08/16/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,743
Year Built
- 1996
Parking
- Attached Garage
- Garage Door Opener
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Stucco Exterior
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Home Theater
- Den
- Recreation Room
- Loft
- Sun or Florida Room
- First Floor Utility Room
Kitchen
- Second Kitchen
- Breakfast Bar
- Walk-In Pantry
- Kitchen Island
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Eco-Friendly Details
- North or South Exposure
Utilities
- Central Air
- Heating System Uses Gas
- Well
- Private or Community Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2017
Closed on
Jun 20, 2018
Sold by
Land Holding Llc
Bought by
Shiba Ninos
Seller's Agent
Antje Gehrken
A.R.E. Partners Inc.
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$475,000
Sold Price
$355,000
Premium/Discount to List
-$120,000
-25.26%
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
$346,703
Avg. Annual Appreciation
11.11%
Purchase Details
Closed on
May 11, 2017
Sold by
Key Auctions Llc
Bought by
Land Holding Llc
Purchase Details
Closed on
Jul 23, 2008
Sold by
Guzinski Thomas and Guzinski Jane
Bought by
Guzinski Thomas and Guzinski Jane
Purchase Details
Closed on
Dec 3, 1993
Sold by
Loghmani Mohsen
Bought by
Guzinski Thomas and Guzinski Jane
Purchase Details
Closed on
Oct 15, 1993
Sold by
Cole Taylor Bank
Bought by
Loghmani Mohsea
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $355,000 | Attorney | |
| Commissioners Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Joint Tenancy Deed | $60,000 | -- | |
| Trustee Deed | $31,333 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Closed | $248,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $69,900 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2022 05/06/22 | Sold | $650,000 | -6.5% | $81 / Sq Ft |
| 04/10/2022 04/10/22 | Pending | -- | -- | -- |
| 04/07/2022 04/07/22 | For Sale | $695,000 | +95.8% | $87 / Sq Ft |
| 06/21/2018 06/21/18 | Sold | $355,000 | -25.3% | $44 / Sq Ft |
| 02/20/2018 02/20/18 | Pending | -- | -- | -- |
| 11/15/2017 11/15/17 | For Sale | $475,000 | 0.0% | $59 / Sq Ft |
| 11/15/2017 11/15/17 | Price Changed | $475,000 | +33.8% | $59 / Sq Ft |
| 10/28/2017 10/28/17 | Off Market | $355,000 | -- | -- |
| 08/16/2017 08/16/17 | For Sale | $495,000 | -- | $62 / 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 | $13,743 | $58,000 | $19,985 | $38,015 |
| 2023 | $13,123 | $58,000 | $19,985 | $38,015 |
| 2022 | $13,123 | $41,533 | $4,996 | $36,537 |
| 2021 | $12,843 | $41,533 | $4,996 | $36,537 |
| 2020 | $12,397 | $41,533 | $4,996 | $36,537 |
| 2019 | $14,184 | $47,000 | $3,747 | $43,253 |
| 2018 | $26,401 | $91,619 | $3,747 | $87,872 |
| 2017 | $27,093 | $91,619 | $3,747 | $87,872 |
| 2016 | $19,680 | $64,373 | $2,498 | $61,875 |
| 2015 | $19,287 | $64,373 | $2,498 | $61,875 |
| 2014 | $18,971 | $64,373 | $2,498 | $61,875 |
| 2013 | $18,960 | $71,094 | $6,245 | $64,849 |
Source: Public Records
Agents Affiliated with this Home
-
N
Seller's Agent in 2022
Ninos Shiba
Fathom Realty IL LLC
(847) 409-0967
1 in this area
12 Total Sales
-
Buyer's Agent in 2022
Lenny Feil
Harthside Realtors, Inc.
(708) 870-0514
1 in this area
247 Total Sales
-
Seller's Agent in 2018
Antje Gehrken
A.R.E. Partners Inc.
(312) 339-7655
1 in this area
102 Total Sales
-
E
Buyer's Agent in 2018
Exclusive Agency
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09725441
APN: 28-05-403-014-0000
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