NOT LISTED FOR SALE

1340 W 108th Place Chicago, IL 60643

Morgan Park Neighborhood

Estimated Value: $152,000 - $232,000

3 Beds
1 Bath
1,100 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $25,000 $23 Per Sq Ft

Est. 613% increase in value since last sale

Current estimated payment $1,058/month

6 Days on Market

Highlights

  • Ranch Style House
  • First Floor Utility Room
  • 1-minute walk to Lamb Park

About This Home

As of March 2016

3 bedroom brick ranch home, rehab For RENT OR SALE, cash only deals. great FOR THE SAVVY INVESTOR.

Last Agent to Sell the Property

Joseph Lee

Royal Crest Realty, Inc. License #475146415 Listed on: 02/07/2016

Last Buyer's Agent

Joseph Lee

Royal Crest Realty, Inc. License #475146415 Listed on: 02/07/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,057

Year Built

  • 1961

Lot Details

  • 3,049

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • First Floor Utility Room

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,057

Year Built

1961

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1961
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X12, On Level: Main Level
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level
  • Additional Rooms: Utility Room-1st Floor
  • Master Bedroom: Dimensions: 13X10, On Level: Main Level
  • Additional Room 1 Name: Utility Room-1st Floor, Dimensions: 8X10, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level
  • Estimated Sq Ft: 1100

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0717

Utilities

  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Management Phone: 773-392-1716

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 25173120290000

Tax Info

  • Taxes: 2300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2016
Closed on
Mar 4, 2016
Sold by
Bayview Loan Servicing Llc
Bought by
Da & Pan Llc
Seller's Agent
Joseph Lee
Royal Crest Realty, Inc.
Buyer's Agent
Joseph Lee
Royal Crest Realty, Inc.
List Price
$27,500
Sold Price
$25,000
Premium/Discount to List
-$2,500
-9.09%
Current Estimated Value
$178,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,144
Avg. Annual Appreciation
23.93%

Purchase Details

Closed on
Jan 12, 1996
Sold by
Palos Bank & Trust Company
Bought by
Washington Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,100
Interest Rate
7.28%

Purchase Details

Closed on
Aug 15, 1995
Sold by
Adamson John
Bought by
Palos Bank & Trust Company

Purchase Details

Closed on
Aug 3, 1995
Sold by
Fleet Real Estate Capital Inc
Bought by
Adamson John

Purchase Details

Closed on
May 25, 1995
Sold by
Sheahan Michael F
Bought by
Fleet Finance Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Da & Pan Llc $25,000 Chicago Title
Washington Richard $62,000 --
Palos Bank & Trust Company -- --
Adamson John -- 1St American Title
Fleet Finance Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Washington Richard $75,000
Previous Owner Washington Richard $58,500
Previous Owner Washington Richard $60,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2016 03/08/16 Sold $25,000 -9.1% $23 / Sq Ft
03/08/2016 03/08/16 For Sale $27,500 0.0% $25 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
02/07/2016 02/07/16 For Sale $27,500 -- $25 / 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 $1,057 $7,000 $1,875 $5,125
2023 $1,031 $5,000 $2,031 $2,969
2022 $1,031 $5,000 $2,031 $2,969
2021 $1,008 $4,999 $2,031 $2,968
2020 $1,755 $7,857 $2,031 $5,826
2019 $1,739 $8,635 $2,031 $6,604
2018 $1,710 $8,635 $2,031 $6,604
2017 $2,341 $10,851 $1,875 $8,976
2016 $2,179 $10,851 $1,875 $8,976
2015 $1,993 $10,851 $1,875 $8,976
2014 $1,776 $9,551 $1,718 $7,833
2013 $1,741 $9,551 $1,718 $7,833
Source: Public Records

Agents Affiliated with this Home

  • Joseph Lee

    Seller's Agent in 2016

    Joseph Lee

    Royal Crest Realty, Inc.

    (708) 646-1130

    28 Total Sales

    Joseph Lee
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09133387

Midwest Real Estate Data (MRED)

APN: 25-17-312-029-0000

Illinois Cook County Chicago 60643 Morgan Park

1340 W 108th Place, Chicago, IL

This home is located at 1340 W 108th Place, Chicago, IL 60643 since 07 February 2016 and is currently estimated at $178,144, approximately $161 per square foot. This property was built in 1961. 1340 W 108th Place is a home located in Cook County with nearby schools including John D. Shoop Elementary School, Morgan Park High School, and United Educational Cultural Academy.

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