NOT LISTED FOR SALE

5892 N Harlem Ave Chicago, IL 60631

Norwood Park Neighborhood

Estimated Value: $622,196 - $786,000

5 Beds
3 Baths
2,435 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 08, 2016

Last sale price $397,000 $163 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,538/month

7 Days on Market

Highlights

  • Second Kitchen
  • Sauna
  • Wood Flooring
  • William Howard Taft High School Rated A-
  • Recreation Room
  • 3-minute walk to Norwood Circle Park

About This Home

As of August 2016

Fantastic over-sized bungalow in Norwood Park. This is a fantastic option for an extended family / friends looking for 2 apartments, which is how it's currently set up. With a full interior staircase, though, it would be super-easy to live in the whole house. And the 2nd floor kitchen / dining room would make a fabulous master suite! As it is, the 1st floor unit has 3 well-sized beds with great closet space, new eat-in kitchen with breakfast bar, separate dining room, and great rear deck overlooking the yard. 2nd floor unit has 2 beds, 1 bath. Huge, high & dry basement with rec room, full bath, laundry, storage--and sauna + shower! Nice back yard, 2 car garage + additional parking. House is in great shape. New furnace in 2014, new hot water tank in 2016, mostly newer windows. Sought-after Norwood Park schools.

Last Agent to Sell the Property

Christopher Gaggero

@properties Christie's International Real Estate License #475145490 Listed on: 05/18/2016

@properties Christie's International Real Estate

Co-Listed By

George Tully

@properties Christie's International Real Estate License #475162879

Last Buyer's Agent

Maria Rivera

RE/MAX Premier License #471012791

RE/MAX Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,339

Year Built

  • 1953

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • Home Office
  • Workroom
  • Recreation Room
  • Lower Floor Utility Room
  • Storage Room
  • Sauna
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,339

Year Built

1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Interior Property Features: Sauna/Steam Room, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • Number Of Rooms: 13
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 17X10, On Level: Basement
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 17X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: 2nd Kitchen, 5th Bedroom, Office, Recreation Room, Storage, Utility Room-Lower Level, Workroom
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Office, Dimensions: 11X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Recreation Rm, Dimensions: 23X22, On Level: Basement
  • Bedroom 4: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Work Rm, Dimensions: 12X10, On Level: Basement
  • Additional Room 6 Name: 2nd Kitchen, Dimensions: 18X10, On Level: 2nd Level, Flooring: Wood Laminate
  • Additional Room 7 Name: Utility Room-Lower Level, Dimensions: 12X6, On Level: Basement
  • Additional Room 8 Name: Storage, Dimensions: 22X12, On Level: Basement
  • Dining Room Type: Separate
  • Family Room: Dimensions: 12X12, On Level: 2nd Level, Flooring: Wood Laminate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1894

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 50X165
  • Parcel Identification Number: 12014040350000

Tax Info

  • Taxes: 6987.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 15, 2016
Sold by
Baerga Erasmo Velez and Justiniano Agnes B
Bought by
Goben Jeffrey A
Seller's Agent
Christopher Gaggero
@properties Christie's International Real Estate
Buyer's Agent
Maria Rivera
RE/MAX Premier
List Price
$399,900
Sold Price
$397,000
Premium/Discount to List
-$2,900
-0.73%
Current Estimated Value
$698,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,799
Avg. Annual Appreciation
6.32%
Original Mortgage
$410,101
Outstanding Balance
$329,167
Interest Rate
3.75%
Mortgage Type
VA
Estimated Equity
$369,632

Purchase Details

Closed on
Dec 19, 2014
Sold by
Velez Erasmo and Justiniano Agnes
Bought by
Baerga Erasmo Velez and Baerga Justiniano B

Purchase Details

Closed on
Apr 18, 2008
Sold by
Velez Erasmo and Justiniano Agnes
Bought by
Baerga Erasmo Velez and Justiniano Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Bubser Le Roy A and Bubser Linda H
Bought by
Velez Erasmo and Justiniano Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Goben Jeffrey A $397,000 Proper Title Llc
Baerga Erasmo Velez -- None Available
Baerga Erasmo Velez -- Cti
Velez Erasmo $425,000 Atg Search
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goben Jeffrey A $410,101
Previous Owner Baerga Erasmo Velez $384,000
Previous Owner Velez Erasmo $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2016 08/08/16 Sold $397,000 -0.7% $163 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $399,900 -- $164 / 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 $10,339 $56,000 $20,625 $35,375
2023 $10,078 $49,000 $16,500 $32,500
2022 $10,078 $49,000 $16,500 $32,500
2021 $9,853 $49,000 $16,500 $32,500
2020 $9,488 $42,591 $10,312 $32,279
2019 $9,403 $46,804 $10,312 $36,492
2018 $9,245 $46,804 $10,312 $36,492
2017 $8,308 $38,594 $9,075 $29,519
2016 $7,730 $38,594 $9,075 $29,519
2015 $7,445 $40,626 $9,075 $31,551
2014 $6,988 $37,662 $8,250 $29,412
2013 $6,372 $37,662 $8,250 $29,412
Source: Public Records

Agents Affiliated with this Home

  • Christopher Gaggero

    Seller's Agent in 2016

    Christopher Gaggero

    @ Properties

    (773) 715-1479

    158 Total Sales

    Christopher Gaggero
    Section Image
  • George Tully

    Seller Co-Listing Agent in 2016

    George Tully

    @ Properties

    (312) 576-1914

    58 Total Sales

    George Tully
    Section Image
  • Maria Rivera

    Buyer's Agent in 2016

    Maria Rivera

    RE/MAX

    (773) 968-4639

    18 Total Sales

    Maria Rivera
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09230298

Midwest Real Estate Data (MRED)

APN: 12-01-404-035-0000

Illinois Cook County Chicago 60631 Norwood Park

5892 N Harlem Ave, Chicago, IL

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