NOT LISTED FOR SALE

Estimated Value: $312,841 - $366,000

3 Beds
2 Baths
1,249 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $234,000 $187 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,087/month

85 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Stainless Steel Appliances
  • Main Floor Bedroom
  • Walk-In Pantry
  • Detached Garage

About This Home

As of May 2016

This home is located at 2542 W 116th Place, Chicago, IL 60655 since 13 January 2016 and is currently estimated at $338,960, approximately $271 per square foot. This property was built in 1954. 2542 W 116th Place is a home located in Cook County with nearby schools including Clissold Elementary School, Morgan Park High School, and St Walter School.

Last Agent to Sell the Property

Tim Sherry

Crosstown Realtors, Inc. License #475140818 Listed on: 01/13/2016

Crosstown Realtors, Inc.

Co-Listed By

Steve Rozhon Jr

Crosstown Realtors, Inc. License #475164695

Last Buyer's Agent

Daniel Hurley

Coldwell Banker Realty License #475123793

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,536

Year Built

  • 1954

Lot Details

  • 3,920

Parking

  • Detached Garage
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Den
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dual Sinks

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Porch
  • Property is near a bus stop

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,536

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Location: Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 15X14, On Level: Basement
  • Dining Room: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X13, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Den, Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1249
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 28X20, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch
  • Acreage: 0.098

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 35X122
  • Parcel Identification Number: 24244060120000

Tax Info

  • Taxes: 3763.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
May 13, 2016
Sold by
Exodus I Llc
Bought by
Hurley Thomas M and Hurley Janet
Seller's Agent
Tim Sherry
Crosstown Realtors, Inc.
Buyer's Agent
Daniel Hurley
Coldwell Banker Realty
List Price
$239,900
Sold Price
$234,000
Premium/Discount to List
-$5,900
-2.46%
Current Estimated Value
$338,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,960
Avg. Annual Appreciation
4.00%
Original Mortgage
$210,600
Outstanding Balance
$167,269
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$171,691

Purchase Details

Listed on
Apr 16, 2015
Closed on
Sep 3, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Exodus One Llc
Seller's Agent
Tim Litchford
Owners.com
Buyer's Agent
Non Member
NON MEMBER
List Price
$161,120
Sold Price
$113,159
Premium/Discount to List
-$47,961
-29.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
222.79%
Original Mortgage
$166,485
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 15, 2004
Sold by
Grigorieff Marjorie M
Bought by
Chaplin Tiphani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
8.74%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Hurley Thomas M $234,000 Fidelity National Title
Exodus One Llc $108,000 Attorney
Chaplin Tiphani $196,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurley Thomas M $210,600
Previous Owner Exodus One Llc $166,485
Previous Owner Chaplin Tiphani $176,400
Closed Chaplin Tiphani $9,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2016 05/13/16 Sold $234,000 -2.5% $187 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $239,900 0.0% $192 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/15/2016 03/15/16 Price Changed $239,900 +4.3% $192 / Sq Ft
03/08/2016 03/08/16 Price Changed $229,900 -1.1% $184 / Sq Ft
03/02/2016 03/02/16 Price Changed $232,500 -1.0% $186 / Sq Ft
02/10/2016 02/10/16 Price Changed $234,900 -2.1% $188 / Sq Ft
01/13/2016 01/13/16 For Sale $239,900 +112.0% $192 / Sq Ft
10/01/2015 10/01/15 Sold $113,159 -13.8% $91 / Sq Ft View Prior Sale
09/14/2015 09/14/15 Price Changed $131,200 +15.9% $105 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
04/16/2015 04/16/15 Off Market $113,159 -- --
04/16/2015 04/16/15 For Sale $161,120 -- $129 / 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 $3,536 $25,785 $5,338 $20,447
2023 $3,833 $20,032 $4,270 $15,762
2022 $3,833 $22,000 $4,270 $17,730
2021 $3,765 $22,000 $4,270 $17,730
2020 $3,753 $19,909 $4,056 $15,853
2019 $3,716 $21,879 $4,056 $17,823
2018 $4,333 $21,879 $4,056 $17,823
2017 $4,636 $21,490 $3,629 $17,861
2016 $4,838 $24,099 $3,629 $20,470
2015 $4,427 $24,099 $3,629 $20,470
2014 $3,764 $20,235 $3,416 $16,819
2013 $3,689 $20,235 $3,416 $16,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09115534

Midwest Real Estate Data (MRED)

APN: 24-24-406-012-0000