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5016 North Ridgewood Avenue

5016 North Ridgewood Avenue, Harwood Heights, IL 60706
Property in Norridge
Sold Feb 01, 2006
$397,000
$205,000 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2035
Local assessors in Harwood Heights, IL have categorized 5016 North Ridgewood Avenue as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5016 North Ridgewood Avenue has a total of 1,166 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5016 North Ridgewood Avenue sold most recently in Jan 6, 2006 for a total of $397,000. If you work out the math, that's approximately a cost of $340.48 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,333 in taxes each year. 5016 North Ridgewood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,000. If we break it down further, the land itself was valued at $6,500. Improvements to the property, however, were assessed at a total of $27,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,166
  • Gross Building Area: 1,166
  • Building Area: 1,166
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,166
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VOSS SUB
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (VOSS) RESUB OF EH BLK5 IN VOSS SUB OF PT WH SW SEC 11-40-12

Ownership

  • Current Owner : GIANNINI DOMENICO
  • Current Owner 2: PORTO GIUSEPPA M
  • Previous Owner : PARKWAY BANK & TRUST CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Pennoyer School District 79
  • Census Tract: 770902

Geography

  • District: 20
  • Parcel: 12-11-324-008-0000
  • Block: 5
  • Lot: 18
  • Meridian: SEC 11 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9707
  • Longitude: -87.8434

    Address

  • Full Address: 5016 N Ridgewood Ave
  • Address - House Number: 5016
  • Street Direction: N
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Norridge
  • Carrier Code: C002
  • 4-Digit Zip Code: 2807
  • Zip Code: 60706

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,333
  • Tax Rate Code Area: 20085

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 452,173
  • High Value: 497,892
  • Low Value: 406,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 12, 2020
  • First Open Lien Mortgage Loan Amount: $205,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2035

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $65,000
  • Market Improvement Value: $275,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $6,500
  • Assessed Improvements Value: $27,500

    Sales

  • Current Sale Contract Date: Jan 06, 2006
  • Current Sale Recording Date: Feb 01, 2006
  • Current Sale Transaction ID: 1176682958
  • Current Sale Price: $397,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0603247057

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 01, 2006
  • First Mortgage Loan Amount: $290,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Feb 01, 2036

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Frequently Asked Questions

What neighborhood is 5016 North Ridgewood Avenue located in?
The 5016 North Ridgewood Avenue is a located in the neighborhood of Norridge in Northwest Side, Harwood Heights.
What is the average sales price for listings in 5016 North Ridgewood Avenue?
The average sales price for units in 5016 North Ridgewood Avenue is $0 currently.

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