NOT LISTED FOR SALE

1620 S Michigan Ave, Unit P131 Chicago, IL 60616

South Loop Neighborhood

Estimated Value: $314,000

-- Bed
-- Bath
-- Sq Ft
1.11 Acres

About This Home

This home is located at 1620 S Michigan Ave Unit P131, Chicago, IL 60616 and is currently estimated at $314,000. 1620 S Michigan Ave Unit P131 is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Perspectives Chtr - Joslin Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Gadh Gagan
Current Estimated Value
$314,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,325
Outstanding Balance
$165,115
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,885
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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Gadh Gagan $335,500 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadh Gagan $251,325
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 $423 $4,608 $511 $4,097
2023 $412 $2,000 $411 $1,589
2022 $412 $2,000 $411 $1,589
2021 $403 $1,999 $411 $1,588
2020 $845 $3,795 $337 $3,458
2019 $830 $4,132 $337 $3,795
2018 $816 $4,132 $337 $3,795
2017 $613 $2,849 $278 $2,571
2016 $571 $2,849 $278 $2,571
2015 $522 $2,849 $278 $2,571
2014 $480 $2,588 $249 $2,339
2013 $471 $2,588 $249 $2,339
Source: Public Records

About This Building

Map

Illinois Cook County Chicago 60616 South Loop

1620 S Michigan Ave Unit P131, Chicago, IL

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