J
Seller's Agent in 2018
John Healy
Healy Real Estate
(773) 370-0002
4 in this area
96 Total Sales
2561 W 118th Place Chicago, IL 60655
Morgan Park NeighborhoodEstimated Value: $236,000 - $325,000
2
Beds
2
Baths
1,100
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- Fenced Yard
- Porch
- Property is near a bus stop
- Detached Garage
- Bathroom on Main Level
- 4-minute walk to Blue Island Bark Park
About This Home
As of November 2018Nice 2 Bedroom,2 Bath,Finished Basement home with hardwood floors throughout the first floor. Close to schools,Parks, Shopping, Restaurants , expressways, and public transportation.
Last Agent to Sell the Property
Healy Real Estate License #475156482 Listed on: 09/07/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,019
Year Built
- 1949
Lot Details
- 3,920
Parking
- Detached Garage
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Unfinished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Bathroom on Main Level
- Porch
- Fenced Yard
- Property is near a bus stop
Listing and Financial Details
- $6,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2018
Closed on
Nov 10, 2018
Sold by
Gorman William G and Gorman Marguerite M
Bought by
Gibson Ashley
Seller's Agent
John Healy
Healy Real Estate
Buyer's Agent
Ofelia Potter
Home Network Realty, Inc.
List Price
$184,900
Sold Price
$171,000
Premium/Discount to List
-$13,900
-7.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,954
Avg. Annual Appreciation
7.52%
Original Mortgage
$153,900
Outstanding Balance
$135,047
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$147,907
Purchase Details
Closed on
Oct 20, 2016
Sold by
Gorman William G and Gorman Amy E
Bought by
Gorman William G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 1994
Sold by
Larue Clyde W and Larue Audrey P
Bought by
Gorman William G and Gorman Amy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
8.41%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gibson Ashley | $171,000 | Fidelity National Title | |
| Gorman William G | -- | Chicago Title | |
| Gorman William G | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gibson Ashley | $153,900 | |
| Previous Owner | Gorman William G | $90,000 | |
| Previous Owner | Gorman William G | $85,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/16/2018 11/16/18 | Sold | $171,000 | -5.5% | $155 / Sq Ft |
| 10/19/2018 10/19/18 | Pending | -- | -- | -- |
| 10/09/2018 10/09/18 | Price Changed | $180,900 | -0.5% | $164 / Sq Ft |
| 09/27/2018 09/27/18 | Price Changed | $181,900 | -0.5% | $165 / Sq Ft |
| 09/20/2018 09/20/18 | Price Changed | $182,900 | -1.1% | $166 / Sq Ft |
| 09/07/2018 09/07/18 | For Sale | $184,900 | -- | $168 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,019 | $22,000 | $5,119 | $16,881 |
| 2023 | $3,920 | $19,000 | $4,095 | $14,905 |
| 2022 | $3,920 | $19,000 | $4,095 | $14,905 |
| 2021 | $3,832 | $19,000 | $4,095 | $14,905 |
| 2020 | $3,831 | $17,154 | $3,890 | $13,264 |
| 2019 | $3,797 | $18,851 | $3,890 | $14,961 |
| 2018 | $0 | $18,851 | $3,890 | $14,961 |
| 2017 | $0 | $17,642 | $3,480 | $14,162 |
| 2016 | $3,041 | $17,642 | $3,480 | $14,162 |
| 2015 | $2,759 | $17,642 | $3,480 | $14,162 |
| 2014 | $2,300 | $14,935 | $3,276 | $11,659 |
| 2013 | $2,243 | $14,935 | $3,276 | $11,659 |
Source: Public Records
Agents Affiliated with this Home
-
John Healy
-
Karen Healy
Seller Co-Listing Agent in 2018
Karen Healy
Healy Real Estate
(773) 370-1252
4 in this area
79 Total Sales
-
Ofelia Potter
Buyer's Agent in 2018
Ofelia Potter
Home Network Realty, Inc.
(630) 212-2834
3 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10075124
APN: 24-24-417-002-0000
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