NOT LISTED FOR SALE

16 N May St Unit 507 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $713,000 - $949,000

3 Beds
3 Baths
2,200 Sq Ft
$383/Sq Ft Est. Value

About This Home

This home is located at 16 N May St Unit 507, Chicago, IL 60607 and is currently estimated at $842,736, approximately $383 per square foot. 16 N May St Unit 507 is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Montessori Academy Of Chicago.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2017
Sold by
Letourneau Matthew J and Letourneau Emily
Bought by
Johnson Joseph
Current Estimated Value
$868,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,260
Outstanding Balance
$457,266
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$367,917

Purchase Details

Closed on
Jun 30, 2006
Sold by
Hughes Christopher
Bought by
Letourneau Matthew J and Letourneau Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,600
Interest Rate
6.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 1999
Sold by
Washington Boulevard Llc
Bought by
Drotts Dane C and Buitron Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,800
Interest Rate
7.55%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
Johnson Joseph $682,000 Old Republic Title
Letourneau Matthew J $492,000 Pntn
Drotts Dane C $314,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Joseph $545,260
Previous Owner Letourneau Matthew J $363,715
Previous Owner Letourneau Matthew J $392,200
Previous Owner Letourneau Matthew J $393,600
Previous Owner Letourneau Matthew J $40,000
Previous Owner Hughes Christopher $50,000
Previous Owner Hughes Christopher $354,000
Previous Owner Drotts Dane C $250,800
Source: Public Records

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 $12,580 $74,358 $6,123 $68,235
2023 $12,263 $59,420 $3,358 $56,062
2022 $12,263 $59,420 $3,358 $56,062
2021 $11,988 $59,419 $3,357 $56,062
2020 $13,444 $60,149 $3,357 $56,792
2019 $13,270 $65,829 $3,357 $62,472
2018 $13,046 $65,829 $3,357 $62,472
2017 $9,289 $46,380 $2,962 $43,418
2016 $8,789 $46,380 $2,962 $43,418
2015 $8,018 $46,380 $2,962 $43,418
2014 $6,964 $40,101 $2,518 $37,583
2013 $6,815 $40,101 $2,518 $37,583
Source: Public Records

Map

Illinois Cook County Chicago 60607 West Loop

16 N May St Unit 507, Chicago, IL

This home is located at 16 N May St Unit 507, Chicago, IL 60607 and is currently estimated at $842,736, approximately $383 per square foot. 16 N May St Unit 507 is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Montessori Academy Of Chicago.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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