See Home Value
Chicago 60641 Cragin
5430 W Melrose Street
$387,000 - $471,000
House - Off Market

5430 W Melrose Street

Chicago, IL 60641
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1840 Sqft
Sold Dec 07, 2023
$425,000
$318,750 by Stonehaven Mortgage Inc
Mortgage Due Jan 01, 2054
Sold Apr 08, 2019
$330,000
$313,500 by First Centennial Mortgage Corp
Mortgage Due Apr 01, 2049

About This Property

**Seller to provide a credit towards the buildout of a brand new garage.** Welcome home to this charming and updated 3 bedroom, 2 bath Chicago bungalow in Portage Park! Step inside the light-filled interior featuring an open and flowing layout with generously sized rooms. Original woodwork and built-ins add vintage character while the renovated kitchen and owners suite provide modern convenience. Ideally situated in a quiet, very friendly neighborhood, this home offers the best of both worlds - walking distance to busy parks, restaurants, grocery stores, daycares and great schools as well as easy access to major shopping locations such as the HIP, Brickyard or Six Corners via a short car ride. This home's location is also located close to expressways giving you easy access to the city or suburbs. Meticulously maintained by the sellers, no detail has been overlooked. With the family expanding, this beloved home is regrettably being offered for sale. Take advantage of this rare opportunity and schedule a showing today to experience the incredible features and upgrades too numerous to list! Lender states this home qualifies for IHDA's $10,000 down payment assistance program for qualified buyers.

The manager has listed the unit size as 1840 square feet.
Unit Size
1,840Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$234
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Dec 7, 2023 Sold to Tracy L Anderson $425,000
Sold to Tracy L Anderson
Dec 3, 2023 No longer available -
No longer available
Nov 1, 2023 In contract -
In contract
Oct 29, 2023 Price Decreased $429,900
↓ $20K (4.5%)
Price Decreased
Oct 26, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,125
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRED BUCKS PORTAGE PARK SUB
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ANDERSON TRACY L
  • Previous Owner : PRABHAT ACHINT
  • Previous Owner 2: PRABHAT ANGEL
  • Owner Before Previous Owner: NUSSER JASON
  • Owner Before Previous Owner 2: NUSSER AMY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 151100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-21-324-027-0000
  • Block: 9
  • Lot: 27
  • Meridian: SEC 21 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9398
  • Longitude: -87.7629

    Address

  • Full Address: 5430 W Melrose St
  • Address - House Number: 5430
  • Street Direction: W
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C047
  • 4-Digit Zip Code: 4116
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,058
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 397,852
  • High Value: 490,284
  • Low Value: 305,420

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,750
  • First Open Lien Mortgage Lender: STONEHAVEN MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 07, 2023
  • First Open Lien Mortgage Loan Amount: $318,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $280,010
  • Market Land Value: $103,130
  • Market Improvement Value: $176,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,001
  • Assessed Land Value: $10,313
  • Assessed Improvements Value: $17,688

    Sales

  • Current Sale Contract Date: Nov 22, 2023
  • Current Sale Recording Date: Dec 07, 2023
  • Current Sale Transaction ID: 11917527561
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6034
  • Previous Sale Recording Date: Apr 08, 2019
  • Previous Sale Contract Date: Feb 07, 2019
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STONEHAVEN MORTGAGE INC
  • First Mortgage Transaction Date: Dec 07, 2023
  • First Mortgage Loan Amount: $318,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 08, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $313,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,677 ft²
$224/ft²
$375,000 Sep 20, 2023
-
$363/mo
House
3 Beds
3 Baths
2,524 ft²
$188/ft²
$475,000 Oct 16, 2023
-
$330/mo
House
4 Beds
3 Baths
2,023 ft²
$188/ft²
$380,000 Oct 18, 2023
-
$261/mo
House
4 Beds
2 Baths
2,134 ft²
$199/ft²
$424,000 Sep 22, 2023
-
$59/mo
House
4 Beds
2 Baths
2,283 ft²
$160/ft²
$365,000 Aug 31, 2023
-
$419/mo
House
4 Beds
3 Baths
1,177 ft²
$373/ft²
$439,000 Oct 23, 2023
-
$313/mo
House
4 Beds
2 Baths
2,400 ft²
$167/ft²
$399,999 Oct 30, 2023
-
$413/mo
House
3 Beds
2 Baths
-
$374,900 Oct 4, 2023
-
$314/mo
House
4 Beds
2 Baths
800 ft²
$456/ft²
$365,000 Sep 22, 2023
-
$419/mo
Multifamily
3 Beds
-
-
$449,900 Sep 20, 2023
-
$450/mo
Commercial
Loft
-
2,500 ft²
$160/ft²
$399,000 Oct 23, 2023
-
-
Commercial
Loft
-
2,500 ft²
$140/ft²
$349,900 Apr 25, 2023
-
$1,140/mo

About Northwest Side


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Frequently Asked Questions

When was property at 5430 West Melrose Street built and last sold?
The property at 5430 West Melrose Street was built in 1925 and last sold on Nov 22, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 5430 West Melrose Street is $440,635.
What are some comparable homes to 5430 West Melrose Street?
Homes that are comparable to 5430 West Melrose Street include a house property at 5624 West Henderson Street, 5131 West Wolfram Street, 5917 West Patterson Avenue.

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