NOT LISTED FOR SALE

2550 W 118th Place Chicago, IL 60655

Morgan Park Neighborhood

Estimated Value: $279,779 - $356,000

3 Beds
1 Bath
1,282 Sq Ft
$249/Sq Ft Est. Value

About This Home

This home is located at 2550 W 118th Place, Chicago, IL 60655 and is currently estimated at $318,695, approximately $248 per square foot. 2550 W 118th Place is a home located in Cook County with nearby schools including Clissold Elementary School, Morgan Park High School, and St Walter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2006
Sold by
Prairie Bank & Trust Co
Bought by
Lathan Maurice
Current Estimated Value
$318,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$137,036
Interest Rate
9.71%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$181,659

Purchase Details

Closed on
May 29, 2003
Sold by
Finn Jean F
Bought by
Prairie Bank & Trust Co and Trust #03-069

Purchase Details

Closed on
Dec 27, 1993
Sold by
Finn John O and Finn Jean F
Bought by
Finn John O and Finn Jean F
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
Lathan Maurice $255,000 First American Title
Prairie Bank & Trust Co -- --
Prairie Bank & Trust Co -- --
Finn John O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lathan Maurice $204,000
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 $2,756 $25,001 $5,338 $19,663
2023 $2,508 $19,000 $4,270 $14,730
2022 $2,508 $19,000 $4,270 $14,730
2021 $2,488 $19,000 $4,270 $14,730
2020 $2,777 $18,639 $4,056 $14,583
2019 $2,744 $20,483 $4,056 $16,427
2018 $3,376 $20,483 $4,056 $16,427
2017 $3,707 $20,558 $3,629 $16,929
2016 $3,626 $20,558 $3,629 $16,929
2015 $3,295 $20,558 $3,629 $16,929
2014 $2,732 $17,256 $3,416 $13,840
2013 $2,666 $17,256 $3,416 $13,840
Source: Public Records

Map

Illinois Cook County Chicago 60655 Morgan Park

2550 W 118th Place, Chicago, IL

This home is located at 2550 W 118th Place, Chicago, IL 60655 and is currently estimated at $318,695, approximately $248 per square foot. 2550 W 118th Place is a home located in Cook County with nearby schools including Clissold Elementary School, Morgan Park High School, and St Walter School.

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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