$1,275,000
SOLD NOV 15, 2024
4 Beds
2.5 Baths
3,500 Sq Ft
4,530 Sq Ft Lot

Recently Sold

$364 Per Sq Ft

15% Below List Price

117 Days on Market

Highlights

  • Fireplace in Bedroom
  • 3-minute walk to 55Th-56Th-57Th Street Station
  • Property is near a park
  • Kenwood Academy High School Rated A-
  • Deck
  • 5-minute walk to Bixler Park

About This Home

As of November 2024

This charming home was a part of Hyde Park's first planned community, built way back in the 1880s and then known as Rosalie Villas. To this day, Harper Avenue remains one of Hyde Park's most special and coveted locations. When the current owners purchased 5724, the house has been in the hands of the same family for the forty-two years. They then undertook a thoughtful renovation, preserving the character of 19th century details while upgrading the house for modern living. With new electrical, zoned air conditioning, new hot water heater, water filtration system, new bathroom, new flooring and lighting, and a completion of the entire third level (formerly an unfinished attic) - the house has been beautifully updated. The large front porch opens into the foyer, where one is immediately impressed with spaciousness. This is a warm and welcoming house, with an open floor plan that defies its age. Light fills the living and family rooms; a lovely separate dining room, large kitchen with pantry, breakfast room and powder room complete this level. The breakfast room opens to a deck that overlooks the lush back yard. Moving up the beautifully detailed staircase, there are four bedrooms that can be used in a variety of ways, and two full baths. From there one sees a remarkable transformation - the entire third level has been renovated into handsomely finished flexible space. The open area is accented by two smaller rooms and under the eaves is a charming space to relax. Heading downstairs, the lower level is a work in progress but offers all new windows, storage, a laundry room with new washer/dryer and full size freezer, and the space is plumbed for a full bath. The owners are offering a home warranty plan for all appliances. And the property offers a rarity on the block, a large two-car garage. Located a short walk from the University of Chicago, the Laboratory Schools and all Hyde Park has to offer. And now just a bit of background history. Remarkably, nearly all of the Queen Anne and shingle-style homes on Harper are still standing nearly a century and a half later. Years before the founding of the University of Chicago, the development was established by Rosalie Buckingham, a wealthy heiress whose name Chicagoans will likely recognize from Buckingham Fountain in Grant Park, named for Rosalie's cousin. As she neared the age of twenty-five, Rosalie decided to become a property developer in the rapidly expanding Hyde Park Township, which was then still a separate suburb. In 1883, she acquired two city blocks from 57th Street to 59th Street near the Illinois Central tracks and hired Solon S. Beman, who had just designed Chicago's most famous planned community Pullman, to oversee a plan for her land. Beman provided the overall vision and there were rules that homeowners and other architects had to follow for each of the 42 houses. This led to the continuity of size and style of homes visible and appreciated to this day. We do not know the architect of 5724 Rosalie Court, but early records list attorney Addison Beardsley as the resident. All of this is to say .... 5724 Harper is one very special place.

Last Agent to Sell the Property

Susan O'Connor

Berkshire Hathaway HomeServices Chicago License #475163199 Listed on: 07/01/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Shirley Walker

Berkshire Hathaway HomeServices Chicago License #471012334

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,560

Year Built

  • Built in 1885 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 40 x 112.8
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room with Study Area
  • Laundry Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Finished Attic
  • Storm Screens

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Bedroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,560

Year Built

Built in 1885 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplaces: 2
  • LivingArea: 3500
  • Room Type: Breakfast Room, Study, Sitting Room, Foyer, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Bedroom
  • Total Sq Ft: 0
  • Attic: Finished
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Stone
  • List Price: 1425000
  • Waterfront: No
  • Exterior Building Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Brick
  • 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
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40 X 112.8
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 14559.78
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Nov 14, 2024
Sold by
Raheem Omer and Saleem Lubna
Bought by
Wright-Chisem Joshua and Wright Lynn
Seller's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Shirley Walker
Berkshire Hathaway HomeServices Chicago
List Price
$1,495,000
Sold Price
$1,275,000
Premium/Discount to List
-$220,000
-14.72%
Views
117
Current Estimated Value
$1,232,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,097
Avg. Annual Appreciation
-4.82%
Original Mortgage
$1,000,000
Outstanding Balance
$995,755
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$237,148

Purchase Details

Listed on
Feb 7, 2022
Closed on
Apr 13, 2022
Sold by
Hamada Anne M and The Anne M Hamada Trust
Bought by
Raheem Omer and Saleem Lubna
Seller's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
List Price
$1,100,000
Sold Price
$1,125,000
Premium/Discount to List
$25,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$0
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 23, 2022
Sold by
Anne M Hamada Trust and The Anne M Hamada Trust
Bought by
Raheem Omer and Saleem Lubna
Seller's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
List Price
$1,100,000
Sold Price
$1,125,000
Premium/Discount to List
$25,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2004
Sold by
Hamada Anne Marcus and Hamada Anne M
Bought by
Hamada Anne M and Anne M Hamada Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,275,000 First American Title
Warranty Deed $1,275,000 First American Title
Warranty Deed -- --
Warranty Deed $1,125,000 None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $1,000,000 New Conventional
Previous Owner $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $1,275,000 -10.5% $364 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
06/29/2024 06/29/24 Price Changed $1,425,000 -4.7% $407 / Sq Ft
06/05/2024 06/05/24 For Sale $1,495,000 +32.9% $427 / Sq Ft
04/07/2022 04/07/22 Sold $1,125,000 +2.3% $450 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $1,100,000 -- $440 / 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 $13,906 $109,000 $28,024 $80,976
2023 $14,560 $68,988 $22,600 $46,388
2022 $14,560 $74,208 $22,600 $51,608
2021 $17,026 $88,000 $22,600 $65,400
2020 $9,214 $44,464 $18,080 $26,384
2019 $9,237 $49,405 $18,080 $31,325
2018 $9,081 $49,405 $18,080 $31,325
2017 $8,649 $43,554 $14,916 $28,638
2016 $8,223 $43,554 $14,916 $28,638
2015 $7,500 $43,554 $14,916 $28,638
2014 $6,247 $36,238 $12,204 $24,034
2013 $6,113 $36,238 $12,204 $24,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12064083

Midwest Real Estate Data (MRED)

APN: 20-14-222-041-0000